If you are the owner of a classic car, you need to buy a special kind of insurance known as classic car insurance. At CO Insurance Specialist, we offer classic car insurance to vehicle owners in Wheat Ridge, CO.

The following are three things that you should know about classic car insurance in Colorado.

Classic car insurance is designed for a vehicle that will hold its value.

There are several things that are unique about classic cars in comparison with standard automobiles when it comes to insurance policies. For one thing, classic cars tend to hold their value and not depreciate in value the way that standard vehicles do.

Therefore, classic car insurance policies often are based on an agreed-upon value rather than actual market value. That’s because classic cars depreciate little over time and may even increase in value.

How often you drive- or if you drive- your classic car will influence your policy.

Classic car owners don’t drive their vehicles as often as they would a standard vehicle. The less you drive your vehicle, the less expensive it is to insure.

Your insurance company is going to want to know if you drive your classic car often. You might not drive your classic car at all but only tow it to classic automobile shows. Vehicle usage will impact your policy terms and premium. 

Classic car owners sometimes opt for zero deductible policies. 

Zero deductible policies are often available for classic car policies. If you want a zero-deductible policy, ask your insurance provider about zero deductible classic car policy options. 

Are you ready to find the right classic car insurance policy for your needs? If so, it’s time to get in touch with us at CO Insurance Specialist. Contact us and we’ll answer all your questions about classic car insurance in Wheat Ridge, CO.