When your vehicle ages or you purchase a vehicle that’s at least 25 years old, you need to consider purchasing classic car insurance instead of regular auto insurance from U.P. Insurance Agency Inc.
Classic Car Insurance: What You Need To Know
Unless you plan to drive your classic car around Negaunee, MI like a regular car, you’ll want the protection of classic car insurance. It costs a bit less than regular auto coverage, but you can’t drive the car as many miles. In fact, a classic car policy limits you to about 1,200 miles per year. That’s a tenth of the typical US drivers’ miles.
The policy allows you to drive your vehicle in parades and show it at car shows. For the remainder of the time, you agree to store the vehicle in a covered garage.
That may sound like you give a lot up, but the insurance policy offers a payout that most auto policies don’t. It pays the full price of an exact replacement if your vehicle gets totaled. Since most classic cars literally cost more money than a house, this type of insurance policy pays off if you need to file a claim.
You benefit from having it in smaller ways, too. For example, if someone dings your vehicle and breaks the side mirror, the insurance pays for an OEM replacement part and the repairs. You get classic parts for your classic car with the same deductible you’d normally pay.
Give Us A Call
Contact U.P. Insurance Agency Inc. in Negaunee, MI for more information on classic car insurance. Let us help you properly insure your valuable auto. Ask us about classic car insurance for exotic vehicles, too.
