Classic Car Insurance in Pennsylvania
If you drive your dream classic car or plan to purchase it soon, you need to learn about and obtain classic car insurance. You'll also hear it called vintage car insurance or antique car insurance.
Asset Planning Insurance Group, LLC serves Pennsylvania with appropriate classic car insurance. We want to help you understand what it covers before you slide behind the wheel.
Classic Cars Defined
Although we call it classic car insurance, the same policy type covers vintage and antique cars. This particular kind of automotive insurance covers cars 25 years old or older. It differs from standard auto insurance in many ways. It covers the vehicle as a valuable asset.
Your vehicle probably qualifies if it is:
- antique: vehicles built before 1950
- classic: vehicles built between 1925 and 1942, says Classic Car Club of America; built in the 1960′s says Consumer′s Guide. Most people consider it a vehicle more than 20 years old
- vintage: vehicles built-in the 1950′s
Classic car insurance offers different coverage than traditional car insurance. It covers vehicles maintained as a collectible or hobby and not regularly driven. Classic vehicles may not serve as the primary or secondary mode of transportation.
This type of insurance provides for the cost of classic car parts and the increased labor costs of repair if the car incurs accident damage. Work with your insurance agent to ensure that it provides an appropriate price limit on parts and the price valuation clause meets your needs. If your vehicle incurs damage that "totals" the vehicle, the price valuation clause determines the amount you'll get for the vehicle.
Classic car insurance typically offers a higher payout than regular car insurance. Remember, though, that it only covers occasional pleasure use driving. Your policy will not cover daily driving to and from work or school in Johnstown, PA or elsewhere nor routine shopping or errands, etc. Think of it as you're covered to drive to and from the vintage car show to show the vehicle.
Come by Asset Planning Insurance Group, LLC of Johnstown, PA and let us answer any questions you have about insuring your classic car in Pennsylvania. We've got you covered.