Classic Car Insurance Coverage
The type and nature of coverage almost always depend on the car in question when it comes to auto insurance. The way you’ll insure the latest Benz will be different from how you’ll insure a classic car. The pressing question is what makes a classic car and what is the classic car insurance coverage?
What is a Classic Car?
The Classic Car Club of America (CCCA) defines a classic car as one manufactured between 1915 and 1948. Other individuals may use the term “classic car” to refer to a vintage, antique, collector, and other types of automobiles. They believe classic cars are manufactured after 1948, such as a 1961 Jaguar E-Type.
However, some will still say classic cars are simply cars over 25 years old. All these counts as definitions of a classic car, but none can give it the exact.
Your vehicle insurance company is unlikely to recognize the CCCA definition of a classic car. They may not even go with any of the above definitions. Instead, your insurance company will select what qualifies as a classic car or other vehicles.
What Does Classic Car Insurance Cover?
Liability insurance for automobiles
Liability car insurance compensates you for any property damage or bodily injury you cause to others. It also covers your legal defense if you are sued for causing an automobile accident. Most states need this type of insurance if you wish to drive on public roadways.
Collision and comprehensive coverage insurance
It covers automobile accident damage, car theft, vandalism, animal accidents, fire, water, hail, falling objects, rioting, etc.
Uninsured motorist coverage
This coverage pays for your medical expenses if you are hit by someone who does not have insurance. In certain states, uninsured motorist coverage is compulsory. In some cases, it may also cover damage to a vehicle caused by an uninsured driver.
