If you've decided to invest some of your hard-earned money in a classic car, it's imperative that you protect it with classic car insurance. By speaking with independent insurance agents in Maryland, you can shop for plans that meet your specific needs. There are many factors that will determine the best policy for you, including how much you drive the car and the purposes for which you drive it. Unlike regular cars that get used as transportation to and from work and other activities, classic cars are usually regarded as a showcase piece, not regular driving vehicle. Because of this, you may or may not be limited in the number of miles you can drive your classic car each year.
It is imperative to understand the terms and conditions of your classic car policy as they will impact the way you can use your classic car. Some insurance policies may mandate that you transport your classic car by trailer when taking it to an event. If this was the case and you drove the car to an event and had an accident, there would be much debate in terms of acquiring compensation, and at worst, no compensation may be given.
It's also important to understand that classic cars are usually higher in value than their 'regular' counterparts. Because of this, it's crucial to insure the car for what it's really worth, not just its book value. Catonsville, MD Classic Car Insurance Agents with the HBW Insurance Group, Inc can walk you through the process of a policy for your classic car. From assessing your particular classic car insurance needs to explaining the terms and conditions of various policies that suit you best, HBW Insurance Group, Inc is your go-to classic car insurer.