As we know at VIP Insured in Bellevue, WA, one of the greatest joys of owning an antique or classic car is restoring the vehicle to its former glory. Taking a car from its initial state to a drivable one is a rewarding, satisfying process that most classic car enthusiasts love. While this can be an exciting hobby, it can also be an expensive one.
To help cover the costs of upgrades and repairs in the restoration process of a classic car, you might wonder if you can use classic car insurance coverage. Here we discuss whether your classic car insurance may be able to help cover some repairs and restoration expenses.
Does classic car insurance cover upgrades and repairs?
As with all policies, the specifics of classic car insurance differ. In general, we may be able to cover some repairs or upgrades in our classic car insurance policy. Sometimes, you might have the option to select additional coverage that meets these unique needs as a classic or exotic car owner. This all depends on the particular policy and provider you use.
Restoring a car exceeds the coverage regular auto insurance can provide. For example, if you are restoring a classic car, the parts for it may be more expensive than typical car parts would be for a modern make and model.
Based on the policy, some insurance may cover collectible parts or allow for a higher limit while you are working on restoring the vehicle. Policies vary between classic car insurance providers. We always recommend speaking with an agent at our office to determine the best policy for your vintage vehicle.
Reach Out To Us!
To start exploring our classic car insurance policies, call VIP Insured in Bellevue, WA today!