Antique cars are a treasured possession for many people. If you own an antique car in Pennsylvania, it’s important to have the right insurance coverage to protect your investment. Antique car insurance in PA is different from regular car insurance, and it’s essential to understand the differences before choosing a policy.
What is Antique Car Insurance?
Antique car insurance is a type of insurance specifically designed for antique or classic cars. Antique cars are defined as cars that are at least 25 years old, while classic cars are typically at least 20 years old. These cars are often considered to be collector’s items and are valued differently than regular cars.
Antique car insurance in PA provides coverage that is tailored to the unique needs of antique car owners. This coverage may include coverage for spare parts, custom equipment, and modifications that are made to the car.
What Does Antique Car Insurance Cover?
Antique car insurance in PA typically covers the following:
- Liability coverage: This covers damages or injuries that you may cause to other people or their property while driving your antique car.
- Collision coverage: This covers damages to your antique car caused by a collision with another car or object.
- Comprehensive coverage: This covers damages to your antique car caused by events such as theft, fire, or vandalism.
- Uninsured/underinsured motorist coverage: This covers damages caused by a driver who has no insurance or inadequate insurance coverage.
How is Antique Car Insurance Different from Regular Car Insurance?
Antique car insurance in PA is different from regular car insurance in several ways:
- Agreed value: Antique car insurance policies typically provide coverage for a pre-agreed value of the car, rather than the actual cash value. This means that if your antique car is damaged or totaled, you will receive the full agreed-upon value of the car, without deductions for depreciation.
- Usage restrictions: Antique car insurance policies may have restrictions on how the car can be used. For example, some policies may require that the car be kept in a garage and only used for exhibitions, parades, or other special events.
- Higher premiums: Antique car insurance in PA is typically more expensive than regular car insurance, due to the higher value of antique cars and the specialized coverage that is required.
How to Get Antique Car Insurance in PA
If you own an antique car in PA, it’s important to find an insurance company that specializes in antique car insurance. You can start by contacting your regular car insurance company to see if they offer antique car insurance. If they don’t, they may be able to refer you to a company that does.
When shopping for antique car insurance in PA, be sure to compare policies from different companies to find the best coverage and rates. You may also want to consider joining an antique car club, as many clubs offer discounts on antique car insurance.
Conclusion
Antique car insurance in PA is essential for protecting your investment in your beloved antique car. Be sure to understand the differences between antique car insurance and regular car insurance, and find a policy that provides the coverage you need at a price you can afford.
