Classic Car Insurance

Does your love of cars border on obsession? Perhaps you own a piece of automotive history — a perfectly preserved 1930s dual-cowl phaeton or a 1960s roadster. Maybe you spend weekends cruising the boulevard in your classic custom or hot rod. Or your taste might run to exotic sports cars. Whatever your automotive passion, you can protect your collectible vehicle — and your investment in it — with Classic Car Insurance in San Leandro, CA.

Classic car insurance is a special policy that helps protect antique or classic cars. Classic automobile definitions vary, but according to the Insurance Information Institute (III), a car is deemed a classic when it is at least 25 to 30 years old.

Standard automobile insurance may give some coverage for a classic car, but it may not cover its worth. This is because traditional plans evaluate age, mileage, and depreciation when estimating the value of a vehicle. On the other hand, a classic car that has been customized or repaired may be worth more than its depreciated value. As a result, more than basic automobile insurance coverage is needed to cover the cost of repairs following an accident.

Classic car insurance typically offers coverage types similar to a personal auto insurance policy:

Liability auto insurance

This coverage pays for damage and injuries you cause to others. It also pays for a legal defense if you are sued because of a car accident you caused. This coverage type is required in most states if you plan to drive your vehicle on public roads.

Collision and comprehensive insurance

Together, these insurance types cover a wide range of problems, such as accident damage to your car, auto theft, vandalism, collisions with animals, fire, flood, hail, falling objects, and riots.

Uninsured motorist coverage

This coverage compensates for your medical fees if someone without insurance smashes into you. Some states require you to get this insurance. It may also cover several areas of automotive damage caused by an uninsured driver.

Additional coverage options for Classic Car Insurance in San Leandro, CA, allow you to customize your policy to your specific needs:

Classic and collector cars are often more expensive than everyday rides and may require more complicated and specialized repairs if damaged. In addition, these cars are more likely to be stolen or vandalized due to their value and rarity, making Classic Car Insurance in San Leandro, CA, all the more critical.

When applying for Classic Car Insurance with Namaste Insurance Agency in San Leandro, more than just the vehicle's age and worth is considered. A car covered by Classic Car Insurance cannot usually be used for daily driving. Mileage restrictions may apply, and some insurers may require confirmation that the car is stored correctly and that you have another vehicle for regular use.

Few insurers allow you to drive the vehicle to car exhibitions and auto club functions. If not, you may require specific coverage for certain trips. The insured vehicle must be securely stored in a private garage or other locked facility when not in use.

Insurers may also require a clean driving record to purchase or renew a Classic Car Insurance policy.

Protect your classic car with comprehensive coverage. For more information on Classic Car Insurance in California contact Namaste Insurance Agency. We can help you choose the best coverage options to safeguard your valuable investment.

It might be time to switch insurers whenever your existing insurer's service doesn't meet your needs. For example, it might be time to consider other options if you have poor claims experience or an unexplained rate increase.

If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.

Contact us today to help you with multiple options to choose from.