Classic cars are a great hobby and a great investment. Some people even feel that their classic car hobby is helping to preserve a part of history. To make the most of your classic car investments, it is important that your vehicles be properly insured. At Agency Advantage Insurance, serving West Bloomfield MI we understand that in order to make the best insurance choices, you need the best insurance information. Keep reading to find out what you need to know about classic car insurance.

Isn’t Regular Auto Insurance Enough?

Although it is possible to cover your classic cars with a regular automobile policy, the truth is that a regular auto policy will not truly protect the investment you have made into your classic car. Regular automobiles are not valued the same way as a classic car would be. An automobile policy is based on the usual method of determining value. Classic cars need to be evaluated on an individual basis. This will entail documenting how much money was invested into the car and what the car would value to other classic car dealers. 

How Much Coverage Do I Need?

Because each classic car is very different, there is no one size fits all policy. This is why classic car insurance is done on an individual basis. The best way to determine how much insurance you need will be to sit down with a knowledgeable insurance representative to discuss your particular car. Our team will be able to help you value your car accurately to make sure the insurance coverage is sufficient. 

If you would like to learn more about classic car insurance, or any of our other insurance products, please contact our office at Agency Advantage Insurance, serving West Bloomfield, MI. We will be happy to answer your questions today.