Click to CallClassic car insurance is a desirable option for Maryville, TN drivers who possess vintage vehicles that are not utilized for daily commuting. It can cover specialist parts, towing, and repairs while offering enhanced coverage for the escalating value of a classic vehicle. However, does your car meet the criteria for this insurance?
Vehicle Age
The age of your car is a significant factor, though it’s not the sole criterion. Insurance companies often stipulate that classic cars should be at least 25 years old. Nevertheless, this criterion can fluctuate between companies, and exceptions might be permitted. For instance, a relatively newer limited-edition car or exotic vehicle might be eligible.
Types of Cars
Numerous models are qualified for this coverage. They encompass various antique cars, vintage trucks, military vehicles, and hot rods. Modified cars might also be eligible. A vehicle is more likely to be accepted if it’s currently valued more than its original selling price.
Other Factors
Insurance companies may also factor in the car’s condition and total mileage. If the vehicle has been poorly maintained or has had accidents, it might not qualify. Classic car insurance generally won’t cover your primary vehicle. It may stipulate that your vintage car should be stored in a garage or an equivalent structure when not in use.
If you’re unsure whether your car qualifies, contact Carr Insurance Group in Maryville, TN. Our independent agency’s insurance experts will assist you in finding the perfect coverage for your classic car. To kick-start this process today, please call 865-688-1212 or visit the Carr Insurance Group office at 3508 East Lamar Alexander Parkway.
