At Heimgartner Insurance Inc., we are pleased to offer vehicle insurance for many kinds of cars and trucks in the Sioux City, IA, area. We insure new cars, old trucks, luxury automobiles, and classics.
Coverage for each has its nuances; classic cars fall into a category of their own.
What makes a car a classic?
Generally, a classic car is one that is 25 years or older. However, age may not be the only determining factor in what makes a classic.
Five Factors That Impact Classic Car Insurance
- It’s real value. Classic car values can range widely. Classic car owners often work with their auto insurance provider to secure coverage that is acceptable to both.
- Classic cars are driven less. Their owners rarely use them as daily drivers. They will avoid poor weather and may even trailer their classics to car shows or parades. Less miles driven equals fewer opportunities for accidents.
- They are often stored more securely. You will rarely see a classic car parked uncovered in a driveway. Owners will frequently take steps to store them more securely than other vehicles.
- They may have salvage value. When some cars are totaled in an accident, the insurer will often take possession and scrap the vehicle. Classic car policies may have a provision allowing the insured to take possession and salvage a classic car following a significant accident.
- Different factors may impact value. The value of a classic can be affected by its age, rarity, engine size, and how meticulously it has been restored.
Get a Classic Car Quote in Iowa
If you have or are considering the purchase of a classic car and live in the Sioux City, IA, area, we invite you to contact us at Heimgartner Insurance Inc. We will be happy to discuss your vehicle and secure appropriate coverage. We look forward to working with you.
