Investing in a classic car might be your dream. These vehicles are often special because they are older, have specialized elements and designs, or may be collector’s items. They have value, but it is a very different type and level of value than a traditional car insurance policy. Classic car insurance could be the right investment for you.
At BES & Associates Insurance, we work with those who need classic car insurance in Walford, MD, and the surrounding areas. Let us help you get the policy best suited to your vehicle.
When Should You Buy Classic Car Protection?
Typically, to purchase classic car insurance, your vehicle will need to be at least 25 years old. Some policies may offer a different range. In addition, the vehicle should be in good overall condition or restored, free from any major rust or significant damage that could affect its overall value.
Most of the time, this type of policy is applicable in situations where you are not using the vehicle for everyday needs. For example, you may use it every so often in good weather or to go to a club event. In addition, most policies require that the car be properly secured and stored in a locked area to protect it. You may need to obtain an appraisal to verify the vehicle’s value.
Let Us Help You Get Coverage in Place
If you are looking for classic car insurance in Walford, MD, our team at BES & Associates Insurance can provide you with a quote and make sure your vehicle meets the requirements. We want to ensure your investment has adequate protection. Contact us for advice on insuring your classic car.
