Classic car insurance is important to have if you’re the owner of a classic car. We offer classic car insurance policies to consumers in the states of California, Arizona, Oregon, and Nevada. At Avail Insurance Solutions LLC, we’re happy to provide consumers with answers to their classic auto insurance questions.
Unfortunately, consumers sometimes make mistakes when they purchase classic car insurance.
The following are three mistakes to avoid when you buy classic car insurance:
Neglecting to consider possible coverage adjustments
Coverage adjustments on a classic auto policy can ensure that coverage is just right for a classic car owner’s unique needs. Possible types of adjustments that policyholders might want include specialized parts and restoration cost adjustments.
Be sure to understand what adjustment options are and consider adjustments to your policy when you buy classic car insurance.
Being unfamiliar with how agreed value coverage works
Agreed value coverage is common on classic car insurance policies. This coverage insures the policyholder for a specific value. Standard auto insurance policies commonly insure the policyholder for the vehicle’s market value and not for a specific value.
Agreed value coverage is important for classic car insurance policies because classic cars tend to be so valuable.
Not knowing what the eligibility requirements are for classic car insurance policies
Vehicles and policyholders need to meet certain requirements when they buy classic car insurance. All vehicles don’t qualify for such policies just because of their age.
There are typically usage requirements that must be met on classic car insurance policies. For example, classic cars can’t be used for every day driving to qualify for classic car insurance coverage. Drivers need to discuss requirements with insurance providers before they buy classic auto coverage.
Give Us A Call
Avail Insurance Solutions LLC offers classic car insurance coverage in California, Arizona, Nevada, and Oregon. Contact us for a quote on a policy if you are a classic car owner living in one of these states.