If you have an antique or classic car that is at least 25 years old in Wheat Ridge, CO, it’s time you start considering classic car insurance. While similar to traditional car insurance, classic car insurance provides unique, specialized coverage specifically tailored to the needs of your classic car.

What makes Classic Car Insurance different than regular insurance?

One of the vital services that classic car insurance offers that regular insurance doesn’t is an agreed value coverage. Insurers think of your classic car as more of an art piece than a vehicle. An agreed value coverage means that you and your insurer both decide on your classic car’s value based on an appraisal instead of similar models and repair costs.

Another difference is that classic cars don’t depreciate like traditional vehicles.  Therefore, the maximum payout of an agreed value won’t decrease over time.

More Benefits with Classic Car Insurance

Companies that offer classic car insurance have agents that know all the ins and outs of your classic car, providing you with better knowledge of your personal needs as a classic car owner.

Increased Replacement Cost

Many classic cars increase in value over time. So, if your classic car’s value does increase, classic car coverage will pay the difference.

Roadside Assistance

Classic car insurance guarantees transportation on a flatbed truck to reduce the risk of further wear and tear.

No Attendance Required

If something were to happen to your car at a car show without you, it would still be covered.

Spare Parts

Classic car insurance covers damaged or stolen parts.

Cash settlement

If your classic car is stolen or totaled, classic car insurance allows you to accept a cash reimbursement without requiring you to repair your car.

Reach out to a CO Insurance Specialist about your classic car today!

Car owners in Wheat Ridge, CO, are legally required to carry auto insurance. This is because it has various benefits for both the driver and any third party that may be involved in the accident. With auto insurance, you do not have to worry about financial loss after an accident, as you are protected. As discussed below, CO Insurance Specialist takes you through some key benefits of auto insurance.

Financial Security

If you have been involved in an accident and caused injuries or property damage to a third party, you automatically become responsible for medical bills and repair costs. If you lack auto insurance, then you have to pay out-of-pocket, which sets you back financially. In addition, if the harmed party decides to sue, you may also have to compensate them. However, with auto insurance, you do not have to worry about your finances as your insurance company covers any arising costs depending on your policy.

In Compliance With the Law

Drivers in Colorado are not allowed on the road if they lack insurance. Therefore, if you fail to get coverage, you risk being fined or your driving license being revoked. Auto insurance helps you avoid such inconveniences in the first place as you are in compliance with legal requirements.

Makes Lending Easier

Most car lenders prefer their borrowers to have auto insurance because it guarantees that their investment is protected if an accident occurs. Other financing agents have reservations about signing off on a car loan if you lack insurance. On the other hand, people carrying insurance have an easy time with a high chance of getting a car from a lender.

Peace of Mind

An accident can happen at any time. However, knowing that if anything happens, you do not have to worry about significant repair costs or medical bills, you will have peace of mind.  

To enjoy the benefits of auto insurance, contact CO Insurance Specialist. We serve Wheat Ridge, CO car owners, ensuring they pick the right policy to protect their cars.

No. Condominium insurance is not a compulsory requirement by Colorado’s law. But it may be important on many occasions. For instance, the homeowner’s association (HOA) in your local jurisdiction may require it, or your lender may need it if you’re still servicing your home equity loan or mortgage.

The condo or HO6 insurance gets made to fulfill the distinct needs of a condominium. It offers a cost policy that often works in tandem with the homeowner’s association policy to provide full coverage. The dues you pay to the HOA cater to the condo’s maintenance cost and its common areas under the master insurance policy of the condo.

But the condo insurance is still valuable because it can help you when you lose your personal property or find yourself on the wrong side of some personal liability suit. As such, this low-cost coverage is still vital to a condo owner. 

What Does a Condo Insurance Policy Cover?

A condominium insurance cover can provide some protection to walls-in coverage of the condo. Here are three other areas that the coverage protects.

Personal Liability Insurance

The condo insurance covers the condo owner, pets, and children if they cause physical harm or property damage to a third party. In addition, the cover can take care of damages in court cases and legal fees.

Condo contents cover

The condo insurance cover can take care of your belongings’ replacement and repair costs that get damaged or lost in incidents that get covered explicitly in your policy.

Loss of Use Insurance

Suppose you can’t continue living in your condominium because of a natural disaster such as a windstorm or tornado. In that case, the condo insurance can cover your temporary housing and any other expenses that may arise while you’re out of your condo.

Get a Condo Insurance Policy Today from a CO Insurance Specialist

If you’re in Wheat Ridge, CO, you should visit the CO Insurance Specialist to get your condo insurance cover. At CO Insurance Specialist, we provide condo insurance policies to all Wheat Ridge, CO, residents. Check out our website to learn more.

When you are driving a classic car in Colorado, you need specialized auto insurance. Classic car insurance is a little different from standard car insurance and offers coverage as unique as your vehicle. 

At CO Insurance Specialist, we want Wheat Ridge, CO residents to enjoy their classic cars, without worrying about whether they are protected. We can help you get the specific types of coverage that your classic car needs.

Types of Classic Cars Covered

Classic car insurance is unlike any other auto insurance because your car is unlike any other car. We can only offer classic car insurance on specific vehicles. That includes an antique car that is at least 25 years old, exotic and luxury vehicles, classic trucks, hot rods, and modified vehicles.

This list is not complete, there are many other kinds of antique or vintage vehicles that we can help you cover.

How to Qualify for Classic Car Insurance

There are a number of types of classic car insurance that you need to qualify for. A key stipulation in any classic car insurance policy is the limited use stipulation. You can not use your classic car for everyday use. You may also have a mileage limitation, and proof that you have the proper protection or garage for your vehicle. You may also be required to have another car that you use for everyday use.

Like any auto insurance, you must have a clean driving record or at least one that is free of a serious offense.

Types of Classic Car Insurance

The kinds of provisions that you will find in classic car insurance will be property damage and liability coverage for bodily injury or wrongful death. You’ll also have provisions that involve the value of the vehicle.

As every classic car is a classic, the book value of your vehicle is not available. You’ll need to work on an agreed value with your insurance provider. The agreed value is another area where classic car insurance varies from regular auto insurance. Most cars will depreciate in time, yours is likely to increase in value.

You may also get classic car insurance with flatbed towing protection. In the event that your car needs to be towed, you will need a specific kind of tow truck to tow your vehicle.

Get a Quote

This is just the beginning of the various kinds of classic car insurance available to Wheat Ridge, CO residents. Call CO Insurance Specialist for a quote today.

Comprehending auto insurance can be challenging, especially for new drivers. However, when you partner with the right agent, navigating the car insurance landscape can be easy. Mastering the ins and outs of car insurance helps you understand whether you have enough insurance, what is covered, and what affects your insurance rate. 

However, with many misconceptions out there, making an informed decision can be difficult. The good news is that CO Insurance Specialist, serving Wheat Ridge, CO and the surrounding areas, is here to debunk common myths inherent in the car insurance world. 

The minimum required by your state is adequate

While it’s vital to observe the state-required minimum insurance coverage, in most instances, it doesn’t provide optimal coverage. Most states require you to carry liability coverages in your auto insurance, but this doesn’t give you all-around protection. 

To that end, you need to consider other auto insurance plans to pay for damages to your car, cover medical expenses in vehicular accidents, and bail you when your car stalls away from home. 

Personal auto insurance will cover your vehicle when used for commercial purposes

If you decide to use a personal vehicle to run business errands, your auto insurance won’t protect you from an accident. Driving a commercial-purpose vehicle has its unique risks that require coverage by commercial auto insurance.

The color of your vehicle affects your insurance rate

This popular misconception can’t be further from the truth. The color of your vehicle has no bearing on your vehicle insurance rate. Insurance companies look at the below factors when computing your auto insurance premium.

• Driving record
• Vehicle model
• Credit rating
• Gender, occupation, and age
• Marital status
• Zip code

Would you like to get more facts on auto insurance? With numerous auto insurance myths flying around, it’s good to work with a trusted insurance partner. Contact CO Insurance Specialist located in Wheat Ridge, CO, to get a better understanding of auto insurance.

For anyone who owns a classic car, getting the proper insurance policy is important. Unlike regular car coverage, classic car insurance protects a vehicle that’s not commonly seen today and could be very difficult to get parts for. These kinds of vehicles need more than just standard auto coverage, but if they’re being driven on public roads they also have to have the same basic types of coverage as more modern cars. If you’re in the Wheat Ridge, CO area and have a classic vehicle, you can get a policy from CO Insurance Specialist so you can have the type of coverage you really need.

Protecting your classic vehicle is a vital part of enjoying it, whether you’re driving it daily or only taking it to shows around the country. You may have spent a lot of time and effort making the car perfect, or maybe you bought it from someone with all the work already done. It doesn’t matter how you got your classic car looking so great, because either way, you need to protect it. Not only will the right policy add to your peace of mind, but it may also encourage you to drive and enjoy your classic vehicle more, knowing that it’s protected.

Reach out to us at CO Insurance Specialist today, if you’re in the Wheat Ridge, CO area and need classic car insurance. Our trained and dedicated agents are committed to helping you get the right kind of policy for your classic vehicle. Not only can that help you have more fun with your ride, but it can also help ensure that you feel better about the protection you have for a vehicle that means a lot to you. Standard insurance just won’t be enough, but the right policy is available for your needs.