Collector Vehicle Insurance

Your collector vehicle needs are unique

Since classic and antique vehicles are all so different, your insurance coverage will be specific to your vehicle. There are many considerations that you and Reliance Insurance Agencies, Ltd. will discuss while creating a policy to suit your classic car. If you’re going to drive your car on a public road it’s critical to protect your investment.

How will you use your vehicle?

When insuring a classic car, consider how you will be using the vehicle:

• Will you only drive the vehicle to car shows or in a parade now and again? If so, your policy should be limited to those circumstances.
• Are you going to use your antique vehicle to go to the grocery store, hit the beach or visit a relative? Your policy should reflect this kind of usage.

Are you a fan of the classics?

Since you have purchased a classic or antique vehicle, you’ll want to insure your investment properly. This way, you can rest assured that your one-of-a-kind beauty from back in the day will be protected.

Typical coverage inclusions

A typical classic car insurance policy includes the following:

• Agreed value coverage – pays for the car’s full-insured value with no depreciation in the event of a total loss, less your deductible.
• Low annual premiums – by finding a insurer who only specializes in collectible cars.
• Flexible usage covers you if you are driving for pleasure or going to a car show.
• Inflation guard – to compensate for how classic cars increase in value over time, the policy increases the vehicle’s value quarterly.
• Spare parts coverage.