Classic Car Insurance Basics To Remember

Jim Boyce Insurance serves the Matthews, NC community. We take pride in treating our clients like family. We are committed to helping our clients find policies to protect their assets. For over 30 years, we have helped our clients find custom policies. We recognize that everyone’s life situation is different. We proudly serve the community as an independent agency.

Classic Car Insurance Basics

Classic cars are valuable assets. Thousands of people across Matthews, NC and beyond attend car shows every year. If you are the owner of a classic car, having insurance is a safety net. Classic car insurance is similar to traditional policies in the sense that you are covered if your vehicle causes damage. In addition to liability coverage, you can add collision and comprehensive coverage. Collision coverage protects you if you are involved in an accident while comprehensive coverage protects you if someone tries to steal your valuable asset.

There are some key differences in regard to classic car insurance. For example, your vehicles should be at least 15-20 years old to qualify for classic status. You should only drive your classic car on a limited basis. It’s recommended that you only use the vehicle to display at different car shows and exhibits. Look over your policy to see if a mileage limit is included, which outlines how often you can drive the car during a calendar year. Your classic car should be kept in storage primarily. Adding storage coverage is essential. You will be protected if a catastrophe happens such as an accidental fire or someone breaking in and stealing your car. Before finalizing the policy, consider having your classic car appraised so that you will be aware of its true value.

Jim Boyce Insurance Will Help You Protect Your Assets

Visit our website to learn more information about classic car insurance.