When you own a classic car, it’s a different experience from owning a regular used car. The value of a classic car is calculated differently from that of a used car. Everyone admires a classic car, and it’s crucial to have classic car insurance to protect it. Don’t risk regular car insurance that doesn’t take into account the full value of your car. If you have a classic car that needs insurance, we’re here to assist. Contact us today at Highpoint Insurance Group in Dadeville, AL.
Classic Cars Valuations
The most significant difference between regular auto insurance and classic car insurance is the valuation process. Generally, with a standard used car, the model and year are major factors in its valuation. However, it’s not the same with a classic car. A classic vehicle can be valuable because it features a unique design that was short-lived or because it has certain features that are highly prized. Many classic cars are valuable because they are rare, and few remain in good condition.
The Cultural Influence
Cultural factors can also increase a classic car’s worth. A strong cultural association with a specific model and year of a classic car can significantly influence its price. Sometimes, certain years are prized because they fall within a decade known for great cars. In some cases, a specific model or year of a car may have been featured in a movie or TV show, which can significantly increase its value. You need coverage that takes into account the real value of your car.
Find Classic Car Insurance in Alabama
If you own a classic car, ensure it’s insured correctly. Reach out to us at Highpoint Insurance Group in Dadeville, AL.
