5 Mistakes to Avoid When Buying Classic Car Insurance

You finally did it. After years of dreaming, you took the plunge and bought your classic car. Whether a mint-condition Mustang or a lovingly restored Chevy, your classic car is your pride and joy. But before you hit the open road, there’s one crucial step you need to take: Insuring your classic car properly. Classic car insurance is different from regular auto insurance, and there are a few mistakes to avoid. Here are five of the most common.

1. Not Shopping Around for the Best Policy

When insuring your classic car, don’t just go with the first policy you find. Like with regular auto insurance, there are various options out there, and you want to ensure you find the best one for your needs. Get quotes from multiple insurers and compare their coverage options and rates.

2. Not Getting Enough Coverage

Just because your car is old doesn’t mean it’s not valuable. Some classic cars can be worth hundreds of thousands of dollars. Ensure you get enough coverage to protect your investment in an accident or theft.

3. Not Reading the Policy Carefully

When buying insurance, it’s important to read the policy carefully to know what’s covered and what isn’t. Don’t just skim over the policy; take the time to read it thoroughly so you know exactly what you’re getting.

4. Omitting or Misrepresenting Information

When applying for classic car insurance, it’s essential to be honest about your car and driving habits. Omitting or misrepresenting information on your application can lead to problems if you have to make a claim later.

5. Thinking Your Normal Auto Insurance Policy Covers Classic Cars

Most standard auto insurance policies will not cover classic cars. If you want your classic car to be adequately protected, you need to get a separate policy that specifically covers them.

Get Classic Car Insurance in Amityville, NY

Classic car insurance is a must if you want to protect your classic car investment. Acme Insurance Brokerage offers excellent classic car insurance policies at affordable rates. Contact us today to get a quote.