Classic Car Insurance in Florida
Owning a classic car is a dream for many people. Not only is a classic car a flashy mode of transportation, but it is also a collector’s item that is fun to showcase and can be a significant investment. Similar to any other type of vehicle, it is vital that you have insurance on your classic car. However, it may be a good idea to have specialized classic car insurance. For those that are in Florida, there are a variety of benefits that come with having classic car insurance in place on their prized possession.
Negotiated Value
One of the advantages of classic car insurance is that it covers you up to a predetermined negotiated value, which is called the actual cash value. This means that you will receive coverage for the collectible value of the car, not just the replacement cost that you would receive for a traditional car insurance policy. Since classic cars can be very expensive and valuable, this type of coverage is a necessity.
Provides Standard Coverage
While providing you with the necessary property coverage is very important, getting classic car insurance is also important because it will provide you with the liability coverage that you need. When you drive a car of any kind in Florida, you will be required by law to carry liability insurance. Even if you only plan on taking it around the block or to a car show, you need to have coverage that complies with the minimum liability requirements. Without it, you could violate state law.
If you are an owner of a classic car around Deerfield Beach, FL area, speaking with the team at Deboo Insurance Agency, Inc. is a fantastic first step to ensure that you get adequate classic car insurance. Deboo Insurance Agency, Inc. knows how complicated classic car insurance can be. Learning more about your classic car insurance options is key to getting a great policy. Visit or contact our offices in Deerfield Beach, FL to speak with an agent and get a quote.