Owning a classic car is not merely about possession; it’s about preserving a piece of history. Here at Gilchrist Insurance Group based in Hudson Oaks, TX, we recognize this and stress on the importance of having an adequate classic car insurance policy to protect your investment.
Understanding Classic Car Insurance
Classic car insurance is a specialized type of insurance that takes into account the unique aspects of owning such cars. From agreed value coverage to mileage limitations, classic car insurance offers a range of features to match the unique needs of your vintage vehicle.
The Importance of Classic Car Insurance in the Restoration Process
Restoration is an integral part of maintaining a classic car. However, it’s an investment in itself, and having the right insurance policy is critical to protect this investment.
Coverage for the Full Agreed Value
In case of a total loss, a standard auto insurance policy may not pay out the true value of a classic car including the restoration costs. But a classic car insurance policy typically covers the car’s full agreed value. This can be extremely beneficial when you’ve invested significant time and resources in a restoration project.
Protection During the Restoration Process
Classic car insurance can cover the car even during the restoration stage. This means any damage that may occur during the process could be covered by your policy.
Choose Gilchrist Insurance Group for Your Classic Car Insurance Needs
At Gilchrist Insurance Group, we are deeply connected to the classic car community in Hudson Oaks, TX, and understand its unique insurance needs. Get in touch with us today to explore classic car insurance options that protect not just your car but the love and labor you put into restoring it.
