Finding the Best Auto Insurance
Collectible Vehicles and Motorcycles
If you frequently invest a great deal of money in collectors cars and motorcycles, you probably already know that not all companies are able to provide adequate auto insurance to protect those investments. However, local companies like Taylor & Associates Insurance Agency take the time to work with antique car owners to make sure they have the best insurance available.
What is Classic Car Coverage?
Custom vehicles are not normally daily drivers. They're only driven on special occasions or to infrequent events. If you're using a restored vehicle as a daily driver, the insurance carrier will generally recommend other types of coverage. Make sure you carefully explain how and when your classic or collector vehicle will be driven when you're seeking coverage for a classic vehicle.
Understand What's Covered
Repairing a vintage or classic car is difficult at best, as it's generally hard to obtain the necessary parts. Collectors who've spent a great deal of money completing a frame-up restoration are also hesitant to trust their treasures to most repair shops. Specialized skills are needed to properly repair a damaged classic or collector vehicle. In many cases, custom interiors must be repaired. In others, custom paint colors must be matched exactly to preserve the value of a vehicle.
The insurance company must be willing and able to provide those levels of service, which is why it pays to discuss potential problems and repair issues with an agent when choosing insurance coverage. Not all insurance companies are willing to take the steps necessary to properly repair a collector's car or other vehicles, so take the time now to verify your current coverage to ensure it will meet your needs should something happen.
Restoration Isn't Always Easy
One of the issues facing unique vehicles is maintaining their authenticity. That means using quality replacement parts when any repairs are required. Serious car enthusiasts are not willing to settle for knock-off parts that don't properly match the originals. In other cases, the cost of restoring damaged classics is exacerbated because quality parts and matching numbers are crucial at car shows. That means it might be necessary to repair an existing component rather than replacing it to retain the highest value. Not all insurance companies are willing to invest that type of money in repairs. Ask what your carrier's policy is before renewing the coverage.
What About Motorcycles?
Classic and specialized show bike owners face somewhat unique needs. Many bikes are created to be entirely unique, with few stock features remaining. In the event a custom bike is damaged, the owner may be forced to accept less-than-ideal repairs unless the proper insurance coverage is obtained. That one-of-a-kind paint job, for example, isn't something an average shop can repair or duplicate. Will your current insurance policy make it possible to properly restore your custom bike?
Unsure of Your Coverage? Get Answers Now
Rather than putting your investment at risk, take the time now to contact an insurance professional at Taylor & Associates for advice. Our experts will gladly discuss your insurance needs and explain the various options available. Remember, even the owners of specialized vehicles need liability, medical expense, and underinsured motorist coverages to be properly protected. It also pays to discuss some type of disablement insurance should your collector vehicle need to be transported.
Taylor & Associates can insure an all original antique, hotrod, street rod, custom truck or resto-mod. Or we can do a vintage motorcycle or scooter, retired commercial vehicle, classic military vehicle, antique farm tractors or can even be a vehicle that is undergoing restoration. We know the difference between original parts matching the collectible car and your average everyday family vehicle. Call for a quote, 937-962-2123 or use this online form.