Typical car insurance assumes that the vehicle you drive is depreciating in value all the time, but classic cars are different. This is why many people with classic cars choose to get classic car insurance. This type of insurance can cover a range of covered events – including theft. The professionals at Stalwart Insurance servicing Pittsburgh, PA can help. We provide classic car insurance to help our insureds get the coverage they need for their collectible vehicle. Here’s what you need to know.
What Is Classic Car Insurance?
Classic car insurance provides your classic car with coverage up to an agreed-upon value. Whereas standard car insurance assumes that the vehicle is depreciating in value all the time, classic car insurance establishes the value of the vehicle when the policy begins, and then the vehicle is insured up to that value as long as it is maintained. This means that if something happens to your classic car, you can get it repaired or replaced using your classic car insurance.
Does My Classic Car Insurance Policy Cover Theft?
Every classic car insurance policy is different, but generally, theft is covered under the comprehensive portion of the classic car insurance policy. If your classic car is stolen, the insurance policy can provide coverage up to the agreed-upon amount. As with any other insurance policy, you may need to provide a copy of the police report to your insurance company. To get started with a claim for your classic car insurance, contact your insurance agent.
Need Help With Classic Car Insurance? Call Today
Whether you need to get a classic car insurance policy for your vehicle or you need to file a claim with your insurance company, the professionals at Stalwart Insurance servicing Pittsburgh, PA can help. Call today to get started.
