A classic car is not just any car, it is an older model that has been restored and meets certain requirements. In the state of Nevada, to be considered a classic car, the vehicle must have been manufactured at least 20 years before the date in which you apply to obtain a classic car designation. You can apply for classic car insurance for your vehicle if it is considered a hot rod, a vintage military vehicle, a luxury or exotic car, an antique car or truck, or a muscle car. The insurance agents at All Nevada Insurance Inc. in Las Vegas, NV can assist you in determining the needs of your classic car.
While most people know that the value of other vehicles decreases pretty much as soon as you drive it off the car lot, that is not the case with classic cars because they actually increase in value over time and as you do more restoration on them. Your classic car insurance agent will face the amount of insurance on the actual cash value of your vehicle since it will change over time.
Classic car insurance provides the minimum liability coverage that is required by the state of Nevada for all drivers, so you can drive it to an event or car show. It will also cover your vehicle through a more comprehensive policy that will help to repair or replace it if the classic car is damaged due to some sort of event, such as a fire or vandalism. It will also cover your classic car if it is damaged or destroyed by a natural disaster or if it is stolen. Classic cars are not meant to be driven on the road for everyday purposes but only to special events.
To obtain an insurance policy for your classic car, contact the classic car insurance agents at All Nevada Insurance Inc. in Las Vegas, NV to assist you. Call today for an appointment to get your policy started.