Any owner of a classic vehicle is going to be a car enthusiast. Car collectors love their vehicles and understand that they need to be well taken care of. This means regular oil changes, car washes and other maintenance checks. It also means that classic collector’s insurance needs to be purchased for each vehicle in the collection.
Classic cars are used for a wide variety of reasons. One person might like to drive his or her 1963 Corvette as the primary mode of transportation. Another person might like to speed down the highway on the weekends on his or her 1946 Harley Davidson motorcycle. Or there could be another person who only drives his or her Classic Ford Woody to and from car shows once a month. Regardless of how the vehicle is used, it is important to have insurance on it.
Classic collector’s insurance can protect any damages that could occur on the vehicle in an automobile accident. Policies can also be written to protect against damages that could occur at a car show. Additionally, coverage can include extra items such as accessories to the vehicle, towing insurance and personal injuries. No matter how the classic vehicle is used, it will not be well cared for unless it has its own insurance policy.
Staffing drivers can be a lucrative pursuit, but it is often attached to a number of less favorable liabilities. If your agency deals with hired non owned auto positions, you should consider securing coverage for the car and driver. A policy can protect against some of the most common and costliest incidents.
Get Coverage in Case of an Accident
You can be held liable for damages incurred from an accident involving your employee. Even if it is a hired non owned auto, if you employ the person involved in the crash, you may be held responsible. A staffing insurance policy can protect you from this by providing coverage for accidents. Rather than insuring just the employee, coverage extends to the vehicle and damage incurred.
Policies Can Be Obtained Individually
Separate policies means you can enjoy separate limits for each of your insureds. In this case, if you are contracting coverage for an agency employee who is driving, their limit is calculated and charged separately from others. In many cases, this can result in lower rates.
Improve Client Relations
Your clients rely on you, and if their position entails driving, they want to place full trust in you. Insuring your employees shows them that you are the safe and reliable choice.
All over the country people are looking to save a few extra dollars every month, and residents of Connecticut are no exception. You might be thinking about saving money on your auto insurance by shopping around. If you are comparing car insurance companies in CT, the following tips will help you.
Talk to Family and Friends
Many people have car insurance, so ask your friends and family how they feel about their policy. Have they been with the insurance company long? Are they satisfied with their rates? Are they satisfied with the customer service, especially if they have ever had to make a claim? Although this information isn’t available in an insurance quote, it can be very helpful in determining which insurance company will suit your needs best.
Look for Discounts
Many car insurance companies in CT offer discounts and good-driver rewards programs. Drivers of a certain age or people with consistently good driving records may be eligible for discounts. Be sure to ask about these potential savings while shopping.
When shopping car insurance companies in CT, remember to always get and compare at least three quotes. This way you will know exactly how much each kind of coverage may cost you. Consider working with an insurance agent who can help you compare insurance policies to find affordable rates.
Once you have CT car insurance, it may be tempting to just forget about it. However, many experts suggest you review your policy regularly to ensure it still fits your needs. Even if it seems nothing in your life has changed, it may still be beneficial to review your policy.
You May Want More Coverage
Most states have a minimum amount of auto insurance required. When you bought your policy, you may have just bought the lowest amount possible. As you get older and become more financially stable, you may want to add more.
You Can Get an Overview of the Claims Process
It’s important to understand what you would have to do in the face of an accident. As you review your CT car insurance, you can also review what sort of paperwork you might have to fill out or who you should call.
Your Current Provider May no Longer Best Suit Your Needs
As you review your insurance, you may find out you qualify for a discount from other carriers, but not yours. You may learn about coverages and amenities provides by another company. It’s important to review your car insurance, so you can make sure it is still the best for you.
Work With an Agent
When you’re ready to review your CT car insurance, work with an agent. He or she will be able to go over policy details and help you make necessary changes.
You probably spent quite a bit of money to obtain your collector cars. It only makes sense to ensure they remain protected by acquiring classic collectors insurance for your vintage vehicles. Every policy is different, and certain items will need to be considered in order to determine what you need to pay.
What Constitutes “Classic”
Everyone has their own definition of what is considered a classic vehicle. Some agencies may only consider vehicles that are at least 25 years old to be classic while others only require a vehicle to be 10 years old. Of course, the make and model of the vehicle also needs to be considered.
Is your vintage car exactly the way it is when it rolled off the lot or have certain modifications been made? This may affect the kind of coverage you are able to get. When you speak with an agent, you will need to bring to light what alterations have been made, if any.
Where It Is Kept
This may seem minor, but whether you have a garage can play a big role in the amount of coverage you receive. Many insurance companies want to know where this vehicle will be kept most of the time.
Bring as much information as you can to your consultation so that an agent will be able to help you get the best classic collectors insurance for your needs. Afterward, you can drive around with peace of mind.
Insurance is an important part of modern living, and more and more unusual things are able to be insured as time goes on. Some of the oldest types of collectables that were made easily insurable, and are still the top insured vintage items, are classic cars. For more than 60 years, classic cars have been an important part of national and world-wide culture, and car collector insurance is there to make protecting your vintage car investments affordable.
Creating the Perfect Policy
Class cars need to have most of the same insurance that every day cars need, including:
Some additional options offered by a good car collector insurance policy also includes things like spare parts compensation, medical reimbursement, and comprehensive coverage. It is important to go with an insurance company that understands how occasional your use of your classic is. It does not make financial sense to pay for insurance that assumes you will be driving your car all the time.
Having Confidence in Your Restoration
For enthusiasts, car restoration is more than just a hobby, it is an important part of life. This means that it is crucial to protect the physical value and worth of a classic, but also the time and energy that went into fixing it up and making it road-worthy. Contact an insurance agency that offers vintage car insurance for the best rates and best coverage possible.