Whether you have a 1967 Ferrari 330 GTC, 1968 Mustang GT, or an original Model T from 1923, or other highly sought-after collected cars, you probably want to do your best to protect your investment and guarantee many years of fun and enjoyment. That implies keeping it clean, sheltered, and well-maintained, in addition to having the right automobile insurance coverage in place.
The reason is that when it comes to a classic car, motorcycle, truck, or other uncommon and vintage cars, traditional automobile insurance can’t keep with these street kings, the degree of importance they command or the TLC they need.
Unsure if you have a classic car. To get a Classic Vehicle vanity plate, the vehicle must be 20 years old (model year) or older and presently registered in Connecticut. However, if you have another type of plate on your vehicle, you will to process a plate transfer by giving in your existing plates at any Limited-Service location or DMV Hub Office and acquiring off-the-shelf Classic Vehicle Plates.
When you purchase a classic car, you not only get a vehicle that can be driven, but you are buying a vehicle that could appreciate. As a result of this, getting classic car insurance would be a perfect option.
- Preserve the Value of Your Car: one basic reason you need to get classic car insurance is that it can help protect the value of your car. When you get a policy, you will go into a treaty replacement value of the car, which is different from standard car insurance policies. Doing this will enable you to preserve the unique value that follows with some classic cars.
- Provides you with Liability Coverage: another reason that you need to buy classic auto insurance is that it gives your car liability coverage. Just like when you are driving any other type of car, you need to enter liability insurance when using a classic car. This will enable you comply with state laws and are protected if you are at fault in an accident.
- Highly Affordable: purchasing classic vehicle insurance coverage is typically very cheap when compared to coverage for brand and even most used cars. Since most classic cars are driven very carefully and often, only on important occasion.
- Flat Bed Towing: the fact classic cars are costly to repair, most auto insurance companies provide flatbed towing, to reduce the damages that can occur while moving the vehicle after a breakdown. When handling typical cars, this is not always the case. Notwithstanding,, you will have the option to ask for a flatbed tow truck in the event that your vehicle breaks down and needs to be towed to its destination.
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