(828) 328-2667 Marion
(828) 652-2808 Forest City
(828) 245-4166 Shelby
(704) 482-7746 Morganton
By Team Member | February 21, 2022
Classic Car Insurance – Hickory NC
Hey, this is Jeff with Jeff Kincaid Insurance Group. Do you know the difference between classic car insurance and regular car insurance?
Classic car insurance offers some key benefits compared to daily driver or regular insurance. Classic car insurance has lower premiums. We understand your car is a prized possession, and will be driven with great caution. So, we adjust the premiums accordingly, 36% lower on average than daily driver insurance.
Classic car insurance must meet the following requirements. The vehicle must be an extra vehicle, be in very good or better condition, hold a minimum value of $3,500, and used for pleasure driving, not regular commuting. For example, driving to car shows, scenic drives, occasional drives to work, and protected, preferably, in a garage, but a car port or driveway may be allowed in many areas.
Classic car insurance offers a guaranteed value, more commonly known as agreed value coverage. It means you tell us the value of your classic and we’ll affirm that it’s a fair, accurate number. Then we guarantee that the value will be paid out to you in the event of a total loss coverage. Regular car insurance carriers offer actual cash value or stated value coverage, which may depreciate the value of your vehicle in the event of a claim, resulting in a smaller payout than you anticipate. With classic car coverage you will have flexible usage with your vehicle. Our policy allows occasional pleasure use with no fixed mileage restrictions.
With Hagerty you can go for a weekend drive, take your vehicle up to the local ice cream shop, or attend unlimited events and cruises. Hagerty Driver’s Club is designed specifically for collector cars. It is a comprehensive 24/7 full service roadside assistance program for lockouts, battery jumps, tire changes, emergency fuel delivery, and more, guaranteeing flatbed towing with soft straps.
Expert claims handling will assist you with an in-house park specialists. They help you track down replacement LKQ, OEM, or NOS parts. If they’re out there, we’ll find them. Hagerty maintains an extensive list of resources for hard to find parts. If you have a classic or a collector car, and want more information or a quote from us, please reach out today at one of our five locations in Hickory, Morganton, Forest City, Shelby or Marion, or find us online at jkinsurancegroup.com.
Call Jeff Kincaid Insurance Group in Hickory NC at (828) 328-2667
One response to “Classic Car Insurance – Hickory NC”
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