You have purchased a classic or antique vehicle and you’ll want to insure it properly, as it is an investment. Since classic and antique vehicles are all so different, your insurance coverage will be specific to your vehicle and how often you plan to use it. There are many considerations which you and Chalmers Insurance Group will discuss while creating a policy to suit your classic car.
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.
Inflation guard: To compensate for how classic cars increase in value over time, the policy increases the vehicle’s value quarterly.
Spare parts coverage
Flexible usage: Ability to drive the vehicle up to 2,500 or 5,000 miles annually. Not limited to “parades only.”
Additional Coverage Options
You can also purchase these additional coverage options for more specific protection:
Emergency towing in case of a breakdown.
Roadside assistance for items such as a flat tire, dead battery or running out of gas.
Lost key return
Emergency travel expenses in case your classic vehicle breaks down while away from home.
Car show expenses: Policy will pay for expenses associated with missing a car show due to a breakdown.
Personal effects: Policy will reimburse you for items that are vandalized or stolen when reported to police.
Live in the past while protecting your vehicle for the future! Contact Chalmers Insurance Group today at 800-360-3000 to learn more about all of our insurance solutions for your automobile needs.