How To Get Collector Car Insurance
Are you ready to find out how to get collector car insurance? Collector cars are a hot commodity, and the insurance you get for them is just as valuable. Here are some resources and facts about finding collector car insurance for your vehicle.
- An excellent start for getting classic car insurance is contacting the Department of Insurance and the Better Business Bureau in your state. These resources will inform you which companies have the least complaints filed against them. Be sure to take special notice of the "consumer complaint ratios." This represents the number of complaints per thousand claims made on a classic car insurance company. The lowest number possible is what you want when looking for classic car insurance.
- The next step is to visit several body shops locally, especially those you would like to use for your automobile. Ask the body shop managers which insurance companies they recommend and find the easiest to work with. It's important to know if those insurance companies pay for original equipment manufacturer (OEM) parts. So, be sure to ask the manager that as well. You want a collector car insurance company to pay for those parts versus the less-expensive parts for the automobile.
- Another avenue to pursue is researching an insurance company's J.D. Power, A.M. Best and Standard and Poor's ratings. J.D. Power and Associates provides information on a car insurer's rates, coverage plans, client satisfaction, claims processing and detailed experience, while A.M. Best and Standard and Poor's gives information on the insurance company's financial strength.
- Once you've completed those steps, confirm the company's reputations. You want an insurance agent who will represent your needs. Valuable collector cars need not only premium upkeep, but premium expertise when it comes to insurance.
- Finally, when you choose your insurer, be certain your agent understands the value of your classic car. Automobiles in the vintage, antique, classic and roadster classes are worth far more than a standard car. Chrome and custom body work are what sets these collector cars apart, and you want to be sure everything is covered.
- Knowing about collector car insurance is critical when owning a classic automobile. Expect to show proof of a clean driving record to your insurance company, proof the vehicle will be protected from weather damage and what you will use the vehicle for. Will you be showing the collector car or driving it very little?
When you have all of your facts in order and research complete on how to get collector car insurance, the rest will be much easier. Having a good, honest relationship with your car insurance company is key as well in being provided great service.