Classic Car Insurance in Ohio
If you have finally decided to purchase a classic car, congratulations! You are one of the many people who appreciate the charm and history of such vehicles. But one crucial thing you need to handle is classic car insurance before taking your investment home. The M & M Insurance Group agents can help you understand how this type of insurance works and why you shouldn't be driving on Ohio roads without it.
How Does Classic Car Insurance Work?
This type of insurance works like the standard auto policy. The significant difference is that you get agreed-value coverage with a classic car based on an appraisal. Just like with standard auto policies, you'll give out your information and that of the car, then pick a coverage that suits your needs and budget. In addition, you get special coverages such as specialized repair or restoration and special towing and spare parts.
How Do You Qualify for Classic Car Coverage?
Aside from the value and the age of the car, there are other qualifications you have to meet to qualify for this coverage. For example, you can't use your car for everyday driving. You also need to have a clean driving record and not use the car for racing.
Do I Need Classic Car Insurance?
While a classic car requires special coverage, it's still a car at the end of the day. And in Ohio, every car owner has to carry auto insurance. Even if you aren't driving this car daily, you'll be taking it to collector shows, and driving it without insurance can lead to fines.
Although classic car insurance may seem complicated at first, it's not, and it's recommended to have it. Chesterland, OH residents seeking this coverage should talk to our M & M Insurance Group agents. We are ready to answer any questions and help you find suitable car insurance coverage for your valuable investment.