Choose Your Special Auto
Need Some Help In Choosing Your Auto Type Read Below.
If you don't own an average car, why would you settle for average auto insurance policy? Specialty auto insurance is a great fit for individuals who own collectible and/or antique cars and vehicles.
Specialty vehicles are obviously different from standard issue autos, but there are some differences that can be especially troublesome when searching for insurance coverage. First, there is the challenge in assessing the cost of certain types of damage to a specialty vehicle. With specialty vehicle insurance, you may have access to an insurance adjuster who has the right knowledge and experience to properly assess your claim.
Another benefit to specialty auto insurance is that the value of the specialty vehicle is often much higher than traditional policies will cover. In order to ensure that you get the full value of the vehicle and that you have a policy that considers total replacement value for the specialized auto, specialty insurance is the way to go. Your policy will have what’s called an, “Agreed Value” that will spell out the amount you get in a total loss situation.
Antique and collectible cars are not generally driven daily and certainly not used to run everyday errands. This means that the mileage for specialty autos is often much lower than for a non-specialty car. Specialty auto insurance policies take this into consideration when establishing your rates. They also understand that standard safety measures may be missing and while a traditional auto insurance policy might penalize a driver for that, specially the auto insurance is tailored to that lack of safety devices.
Qualifying Guidelines Based On:
• Usage - Vehicles are not daily drivers
• Storage - Secure, enclosed storage required
• Driver eligibility - Must have good driving record
• Regular-use vehicles - One for each licensed household driver
• Minimum value - $3,500 (Requirements vary based on vehicle type).
A variety of vehicles qualify, including:
• Antique and classic vehicles
• New vehicles: limited production, exotic and special interest
• Modified vehicles: street rods, replicas, low riders and tuners
• Vintage motorcycles and scooters
• Retired commercial vehicles: fire trucks, military vehicles, tractors and other commercial vehicles
• Motorsports: pro-street and any raced vehicles
• Vehicles under restoration
• Trucks and other utility vehicles
WHAT DOESN’T QUALIFY
• Vehicles used for camping, off-road or utility type driving
• Daily use vehicles
• Commercial use
• Motorcycles with performance modifications
• Any vehicle modified with nitrous components
• Dune buggies