American Classic Insurance: Everything You Need to Know

American Classic Insurance is a company that provides insurance for classic and vintage vehicles. If you are an owner of a classic car or motorcycle, it is essential to protect your investment by getting the right insurance coverage. This article will guide you through all you need to know about American Classic Insurance.

What Is American Classic Insurance?

American Classic Insurance is a specialized insurance company that offers coverage for classic and vintage vehicles. The company was founded in 1998 and is based in Fort Worth, Texas. American Classic Insurance understands the unique needs of classic car enthusiasts and offers insurance policies that cater to their needs.

The company offers insurance policies for a variety of classic vehicles, including antique cars, trucks, motorcycles, and boats. American Classic Insurance is known for its competitive rates and excellent customer service.

What Makes American Classic Insurance Different?

American Classic Insurance is different from traditional insurance companies in several ways. Firstly, the company specializes in classic vehicles, so they understand the unique needs of classic car owners. Secondly, the company offers agreed value coverage, which means that the value of your vehicle is agreed upon before you even purchase your policy. This ensures that you are adequately covered in case of theft or damage.

Thirdly, American Classic Insurance offers flexible policies that allow you to customize your coverage to suit your needs. For example, you can choose a policy that covers only the miles you drive or one that covers your vehicle during transport. Lastly, the company offers excellent customer service, and claims are typically processed quickly and efficiently.

Types of Coverage Offered by American Classic Insurance

American Classic Insurance offers a variety of coverage options that cater to the unique needs of classic car owners. Here are some of the coverage options offered by the company:

Agreed Value Coverage

Agreed value coverage is a type of insurance policy that guarantees to pay the full agreed-upon value of your vehicle in case of theft or damage. This type of coverage is essential for classic car owners as the value of their vehicle may appreciate over time.

Liability Coverage

Liability coverage is a type of insurance that protects you from legal liability in case of an accident. It covers the cost of damage or injury that you may cause to another person or their property. Liability coverage is required by law in most states.

Collision Coverage

Collision coverage is a type of insurance that covers the cost of damage to your vehicle in case of a collision with another vehicle or object. This type of coverage is essential for classic car owners as replacement parts may be difficult to find.

Comprehensive Coverage

Comprehensive coverage is a type of insurance that covers the cost of damage to your vehicle in case of theft, vandalism, or damage caused by natural disasters. This type of coverage is essential for classic car owners as their vehicles are often more susceptible to theft and damage.

Uninsured/Underinsured Motorist Coverage

Uninsured/underinsured motorist coverage is a type of insurance that protects you in case of an accident with a driver who is uninsured or underinsured. This type of coverage is essential as many drivers on the road do not carry enough insurance coverage.

FAQs About American Classic Insurance

What Qualifies as a Classic Vehicle?

American Classic Insurance defines classic vehicles as those that are at least 19 years old and kept in good condition. The company also considers the vehicle’s rarity, historical significance, and overall appeal.

Do I Need Special Insurance for My Classic Car?

Yes, you need special insurance for your classic car as it is not the same as regular car insurance. Traditional insurance policies may not provide enough coverage for your classic car, and you may end up with a lower payout amount in case of theft or damage.

How Much Does American Classic Insurance Cost?

The cost of American Classic Insurance varies based on several factors, including the value of your vehicle, your driving history, and the amount of coverage you need. However, the company is known for its competitive rates, and many classic car owners find their rates to be lower than traditional insurance companies.

What Makes American Classic Insurance Stand Out?

American Classic Insurance stands out for several reasons, including their specialized coverage for classic and vintage vehicles, agreed value coverage, and excellent customer service. The company also offers flexible policies that allow you to customize your coverage to suit your needs.

How Do I Get a Quote from American Classic Insurance?

You can get a quote from American Classic Insurance by visiting their website or calling their customer service number. You will need to provide information about your vehicle and your driving history to receive a quote.

Conclusion

American Classic Insurance is a specialized insurance company that offers coverage for classic and vintage vehicles. The company offers flexible policies, agreed value coverage, and excellent customer service, making it an excellent choice for classic car owners. With the right insurance coverage, you can protect your investment and enjoy your classic car with peace of mind.