Are you a classic car enthusiast? If so, you are likely concerned with keeping your investment beautiful and running smoothly. The right auto insurance policy will back you up if anything happens to your beloved vehicle. Arlene Lear Insurance partners with Hagerty® to provide policies designed for classic cars. The agency has been providing this quality insurance product to drivers in the Humansville and Bolivar, MO, areas for over 40 years. Below, they explain how this unique insurance will keep you on the road.

What Is Classic Car Insurance?

Most auto insurance is designed for modern automobiles that require recently manufactured parts. However, classic car insurance is designed to meet the needs of specialty or vintage automobiles. To qualify for coverage, they must fall into one of the following categories: Veteran automobiles created before 1904; Edwardian models built between January 1905 and December 1918; or Limited, which includes rare, limited, or special editions. 

How Does This Product Differ From Traditional Insurance?

Vintage automobiles require period-appropriate parts that are sometimes difficult to acquire because they are no longer manufactured. Classic car insurance makes provisions for repair claims, so vehicle owners can get the equipment they need. Additionally, drivers must adhere to certain guidelines to qualify for this type of insurance. They must store their vintage or limited-edition vehicle in a garage or storage facility, as the insurer won’t provide coverage if it is parked outside. The car also cannot be used as the driver’s primary vehicle. Only vintage vehicles that are used on a limited basis will qualify for coverage.

What Are the Benefits of This Type of Auto Insurance?

A classic or vintage car is a big investment, and maintaining it is a labor of love. Classic car insurance provides automobile aficionados with affordable, flexible policies, so they can enjoy their collection. Coverage can include specific part replacement, as well as travel coverage if the car is being transferred to another location. Since the car is not the primary mode of transportation, these policies are often less expensive than traditional ones. 

If you are thinking about purchasing a classic car or have questions about insuring one you already own, the staff at Arlene Lear Insurance is ready to help. In addition to Hagerty classic car insurance, they also provide auto insurance for your everyday vehicle and affordable options for essential products like homeowners insurance. Call (417) 777-3000 or visit their website for more information.