When you’ve saved up to finally purchase the classic car of your dreams in New York, it’s crucial to take every step to protect your investment. You might buy special cleaning products and park it in its own garage, but ensuring you have the right insurance is just as important. That’s where our agents at AW Burchell Agency Inc. can help.
Traditional Auto Insurance Won’t Offer Sufficient Protection
Traditional auto insurance calculates replacement value based on depreciation. For example, a 30-year-old car may only be valued at a few thousand dollars under a standard policy.
But you likely paid much more for your classic car, right?
You know the true worth of your classic car. If it gets damaged, vandalized, or involved in an accident, you want to ensure your insurance claim reflects its actual value. That’s why you need classic car insurance instead of traditional auto insurance.
Getting Classic Car Insurance
Classic car insurance allows you to protect your investment. With this specialized coverage, you can drive your car, showcase it at car shows, and enjoy it with confidence, knowing it’s properly insured.
With classic car insurance, you and your insurance company will establish an agreed value for your vehicle. This value is determined through appraisals and other factors to ensure you receive the true worth of your car in the event of a claim. Classic cars are distinct from old cars, and your insurance company needs to recognize that difference.
Get Help from a Knowledgeable Agent
Not all insurance providers offer classic car insurance, which means you may not get the coverage you truly need in New York. While standard auto insurance provides some protection, it could leave you financially vulnerable when it comes to repairs or replacement.
At AW Burchell Agency Inc., our agents specialize in classic car insurance and understand how to provide the right coverage for your prized vehicle. Contact us today to start building a custom policy for your dream ride.
