Why Classic Car Insurance is Different Than Standard Auto Insurance

Auto insurance is one of the most common types of insurance purchased on planet Earth. So what makes classic car insurance different? If you live in the West Bloomfield, MI area, you know classic cars are quite popular. The Agency Advantage Insurance team can help educate about what makes classic car insurance unique and assist in the purchasing process.

Classic Car Insurance Coverage

So what is unique when it comes to classic car insurance? Classic car insurance provides you with comprehensive collision coverage on your classic vehicle. The difference here is that the vehicle’s value is something you agree to before signing on with the insurer. You do not want to worry about the vehicle’s depreciation like you would with car insurance. You agree to the value and insure it to that point.

Standard Inclusions

With classic car insurance, you also get standard fares like liability coverage, roadside assistance, and more. The difference with classic car insurance boils down to that value. You could have a classic Corvette that you know is high in value. Agree to that, and get a premium that also factors in how you drive the vehicle and where the storage of it lies.  

Classic car insurance is something you want to strongly consider if you own a classic vehicle. Standard auto insurance will not cut it, nor will it provide you the value you seek. Instead, you need classic car insurance to help get the comprehensive collision coverage necessary to indemnify you if the unthinkable happens. Serving West Bloomfield, MI, Agency Advantage Insurance is in a position to assist with your classic car insurance research.