With Liberty Mutual car insurance, vintage car owners can be assured their precious projects will be well-protected
Classic cars need to have special auto insurance tailored to their specific needs, so it's important to know which insurance coverage to buy. Liberty Mutual car insurance for vintage cars allows you to purchase the right coverage at an affordable rate while providing you with the necessary protection of your assets.
Vintage car coverage can be expensive
If you're an antique car owner, you probably don't drive your vehicle every day, but instead show it off at car shows or drive it for pleasure. According to the Insurance Information Institute, drivers who own a vintage car should purchase insurance separate from their regular auto insurance policy. Before purchasing vintage car insurance coverage, you'll need to first take into consideration the policy's affordability compared to its coverage. Classic car insurance can cost anywhere from $100 to $850, depending on the vehicle's type, age, vehicle use and location.
Liberty Mutual can make it more affordable
Liberty Mutual car insurance for vintage cars provides you with a variety of policies with premiums within your budget. When purchasing Liberty Mutual classic car insurance, you'll need to take into account the different coverage options available to you. Most states require you to purchase a minimum of bodily injury and property liability coverage as a licensed driver to ensure proper reimbursement for costly repairs due to any accidents you cause. Most of these state requirements apply even if you only plan to drive your vintage car to and from shows or in a parade or pagaent. Some states do allow you to carry short-term or provisional coverage for these special occasions. Be sure you check into your state's insurance requirements when considering what levels and types of coverage to place on your vintage car.
We'll send you free quotes on auto insurance coverage for your vintage car
Liberty Mutual auto insurance for vintage cars also offers a wide range of benefits to cover any additional costs that may arise, such as collision, comprehensive, and uninsured/underinsured motorists coverage. You can also purchase coverage that protects you from expensive medical bills and wages lost due to an accident seriously injuring or immobilizing you for a period of time.
Be aware of some limitations
Before signing a policy agreement for Liberty Mutual car insurance for vintage cars, you'll need to carefully review the policy and understand its restrictions. Many times insurance agencies will place restrictions on your policy to ensure proper precautionary measures are taken to keep your vehicle protected against costly accidents. Your insurance provider may limit the number of miles you can put on your antique vehicle per year, require you to store your vehicle in a secured garage or restrict who may drive your vehicle.
Perhaps the most important decision you will need to make when acquiring Liberty Mutual car insurance vintage car coverage is what's known as the "agreed-upon" value of your vintage car. With more traditional car insurance coverage, there is a cash, market or Blue Book value set for what it would cost to replace your car in case it is totaled in a covered incident. Vintage cars tend to hold their value or even increase in value as years go by. You and your agent will need to come up with an "agreed-upon" value for determining the replacement value of your vintage car. Remember to factor in any money and time you may have spent restoring your vintage car.
(You can see all your car insurance options with Liberty Mutual here)
If you wish to purchase a vintage car for pleasure driving or competitions, you'll need to carefully compare the vehicle's age and make with available insurance policies to ensure an affordable rate. You may benefit from the advice and counsel of an experienced insurance professional who has worked with vintage car owners in the past to adequately protect them. Reply! can help by putting you in touch with insurance agents in your area who have that experience and can help you craft just the right level of coverage to keep your classic running and performing for many more years.