Do I Need Specialized Insurance Along with Liability Insurance for My Classic Car in California?

When driving through Pleasanton, CA, you’ll likely spot a variety of vehicles, including classic cars. Like all other vehicles on the road, classic cars are required to have basic liability insurance. While specialized insurance isn’t mandatory, our agents at Miao Insurance Services can help you understand the benefits of this additional coverage.

Benefits of Specialized Insurance

For classic car owners in Pleasanton, CA, specialized insurance offers several advantages. One key feature is the "agreed value" of the car, which is the appraisal price agreed upon when the policy is written, rather than the depreciated value. This value is determined based on factors such as the car’s condition, replacement costs, the cost of parts, and its market value at the time the policy is created. If the vehicle is deemed a total loss, compensation is based on the agreed-upon value.

If your classic car is undergoing restoration, specialized coverage can include the cost of specific tools and original replacement parts needed for the restoration. Additionally, coverage may extend to regular parts and tools that aren’t original. Another benefit is roadside assistance explicitly tailored for classic cars, ensuring your vehicle is handled with care in case of a breakdown.

Contact Miao Insurance Services

Learn more about the advantages of specialized insurance for your classic car by speaking with our agents at Miao Insurance Services. We’ll help you navigate your options and recommend the best coverage to protect your classic ride. Contact us today via phone or email to ensure your classic car gets the specialized protection it deserves.