The Complete Guide to Filing a Classic Car Insurance Claim

Classic car insurance focuses on the unique needs of vintage and collectible vehicles. These policies often include agreed-value coverage, guaranteeing a payout amount predetermined by you and the insurer around Walford, MD.

Documenting the Damage

After an incident, thoroughly document the damage to your classic car. Take clear, detailed photos from multiple angles and note any specific parts or features that were affected. Detailed documentation is essential for supporting your claim and providing a comprehensive view of the damage to your insurer.

Promptly Notifying Your Insurer

Report the incident to your insurance company as soon as possible. Provide all necessary details, including the incident’s date, location, and circumstances. Prompt notification helps initiate the claims process and ensures compliance with your policy requirements.

Gathering Supporting Documentation

In addition to photos, collect all relevant documentation to support your claim. Comprehensive documentation can substantiate your claim and facilitate a smoother process.

Cooperating with the Adjuster

Cooperate fully with the adjuster by providing access to your vehicle and any additional information they may need. The adjuster’s evaluation is critical in determining the extent of the damage and the compensation you will receive.

Selecting a Specialized Repair Shop

Classic cars often require specialized repairs. Choose a repair shop with experience restoring vintage vehicles to ensure quality work. Keep all receipts and records of repairs for reimbursement purposes.

Understanding Your Payout

Classic car insurance policies typically use agreed-value coverage, meaning the payout amount is predetermined. Discuss any discrepancies with your insurer to resolve them promptly.

BES & Associates Insurance Helps Guide You

BES & Associates Insurance will help guide you and show you how classic car insurance can save you in the long run. Our team covers the Walford, MD region. Get in touch with us today.

Can I go for a weekend drive under a classic car policy?

Part of the pleasure owners receive from their classic cars is the experience of driving them, so the terms of your classic car insurance policy should reflect how you plan to drive it, whether that includes weekend driving or not. If you are considering obtaining a classic car policy, contact the BES & Associates Insurance team that serves the Walford, MD area, and we’ll create the policy that suits your driving preferences.

Classic Car Insurance

Among the main differences between classic cars and everyday vehicles is that insurance policies assume that everyday vehicles depreciate with age and mileage. Policies are priced based on those assumptions about vehicles. Classic cars, on the other hand, are insured based on their agreed value.

Related to that assumption is how the policies handle mileage. Classic car insurance is not intended for everyday vehicles and typically has an annual mileage limit. Despite the mileage limit, there is flexibility in calculating the limit based on how often and how far you drive your car, whether you trailer it to shows, and similar usage patterns.

Part of creating a classic car policy is to consider who you plan to drive the vehicle and develop an estimate of the miles driven per year. So, you can drive your classic car on weekends or any time you want, as long as you include those miles in the assumptions used when buying your policy.

Working with BES & Associates Insurance

Our goal at BES & Associates Insurance is to help you obtain the insurance that fits your needs, including classic car insurance. If you live in the Walford, MD area, call or visit us today to take care of all your insurance needs.

Tips to keep your classic car running like new

Maintaining a classic car can be a challenge here in the Walford, MD area, but it’s well worth the effort. Keeping your classic car in great condition will not only make it look and feel great but also help it run better for longer. Here are some tips from us at BES & Associates Insurance to help keep your classic car running like new.

Tips to keep your classic car running like new

1. Regular Maintenance and Tune-ups:

Regular maintenance and tune-ups are essential for keeping your classic car in peak condition. Change the oil regularly and check all the filters, spark plugs, belts, tires, and lights to ensure they are all working properly. Any worn-out parts should be replaced immediately to prevent further damage or expensive repairs down the road. 

2. Cleaning & Waxing:

Make sure you clean and wax your classic car regularly to protect it from dirt, dust, and moisture that can lead to corrosion. Use a specialized cleaner for vintage cars and always use a high-quality wax that is suitable for your vehicle’s finish type. 

3. Storage:

When storing your classic car for extended periods of time, make sure you use either an indoor or outdoor storage facility designed specifically for automotive vehicles. This will provide the best environment for your vehicle since temperature fluctuations will cause metal components to expand and contract thus leading to accelerated wear over time. 

Keep Your Classic Car Insurance Updated

By following these tips on regular maintenance, cleaning & waxing, storage solutions, and using proper repair & replacement parts, you can ensure that your classic car will remain running like new for many years to come!

For more tips and to get coverage for your classic car, call us at BES & Associates Insurance today. We are proud to serve the Walford, MD area and would be happy to help.