Classic Car Insurance

Classic Car Care: What You Need To Know About Storage

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The pride you feel when you own a classic car should carry over to the storage space. After all, this is where the vehicle will rest most of the time. The agents at Marla Williams Agency will discuss the ideal storage site and whether your garage meets the qualifications.

What is the ideal storage space for your classic car?

A classic car storage area or a self-storage unit in Kansas is ideal for your classic car. Both facilities offer temperature control, air quality, 24/7 security and monitoring, and lighting features. Protective car covers may be available, and the walls, floors, and doors are immaculate. The secure area deters rodents and animals, but employees inspect the area frequently. Unfortunately, this ideal area doesn’t come cheap; you have to make monthly payments to reap the benefits.

Can your garage or barn be an ideal storage space for your car?

It depends on the other items stored in the area. While your home garage or barn is a free and accessible enclosure, garden items, power tools, sports equipment, and seasonal items could damage or scratch the classic car should they fall or bump into it. Prevent this by relocating them and similar items to a separate room. Meanwhile, the fluctuating temperatures may cause rust, mold, faded paint, and cracked rubber on the classic car, among other things. Additionally, you must inspect and remove rodents. 

Classic car insurance covers all storage options mentioned. However, keeping your car in good condition is your responsibility. Failing that, you’ll pay extra for repairs you could’ve avoided. If you are unsure that your storage area is adequate, an insurance agent at Marla Williams Agency will review the policy and compare it with your description and photos to determine if the space is acceptable. Contact our office, serving Kansas, for more information.

How Restorations Impact Your Insurance Coverage

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Many classic car enthusiasts in Kansas purchase their vehicles with the intent of restoring them to their original glory. Restoration projects often take months or even years to complete. Once the restoration is finished, it’s important to understand how it affects your insurance. Marla Williams Agency can help you determine the coverage you need for your classic car policy.

Vehicle Under Construction

When restoring a classic car, you’ll need a special endorsement called "Vehicle Under Construction" or "Restoration Coverage." This endorsement can cover damage or theft of the vehicle, as well as the costs for parts, labor, and materials used in the restoration. Once the restoration is complete, you must inform your insurance carrier that your vehicle has a higher value.

Key Considerations

The Vehicle Under Construction endorsement is temporary. Being transparent with your insurance carrier is essential. Depending on your policy, the value may automatically adjust once the restoration is finished. However, many insurance companies require classic car owners to provide receipts as tangible proof of restoration progress and final value, along with photos. You may also need an independent vehicle appraisal to determine its worth and adjust your policy accordingly.

Higher Agreed Value

Unlike standard car insurance, which accounts for depreciation, classic car insurance is typically based on an agreed-upon cash value. After completing the restoration, you must agree on a new value with your insurance carrier. Your restoration work will be classified as either a factory-original restoration or a modification, depending on the type of work done. Either way, your vehicle will have a higher value, which may result in higher premiums. Being honest with your insurance carrier ensures better future coverage.

Learn how to fully protect your classic car at every stage of repair, restoration, showing, and more. Contact Marla Williams Agency, serving Kansas residents, to schedule an appointment.

Do I Need Insurance for My Classic Car?

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Driving the Highways and Byways in Kansas with a Classic Car

For Kansas residents who own a classic car, exploring the state’s many destinations offers fun, interesting, and entertaining experiences. Driving a classic car to these places adds an extra layer of excitement to any outing. If you’re new to classic car ownership, it’s important to “know before you go” about the state’s requirements for classic car insurance. At Marla Williams Agency, we can help you navigate the process of securing the coverage you need.

Understanding Classic Car Insurance Requirements

The answer to the question, “Do I need insurance for my classic car?” is yes. Kansas, like other states, requires all vehicles traveling on public roads to have insurance. Classic cars are not exempt from this rule and must carry appropriate coverage. This includes the minimum liability coverage required by the state to cover injuries or damages to others in the event of an accident. Additionally, classic car owners must provide proof of insurance before registering their vehicle.

Protecting Your Classic Car Investment

Even if your classic car isn’t driven on public roads, it’s likely a significant investment, which is why having classic car insurance is essential. A policy can provide protection in various areas, including Agreed Value Coverage, comprehensive coverage for non-collision damage, collision coverage, medical payments, roadside assistance (including towing), spare parts coverage, and uninsured or underinsured motorist protection. If your classic car is stored, insurance can protect it against risks such as theft and vandalism.

Contact Us for Expert Assistance

To secure a policy for your classic car in Kansas, contact the Marla Williams Agency. Our knowledgeable and friendly agents are here to provide efficient assistance tailored to your needs. Before hitting the highways and streets of Kansas, ensure you’re insurance-ready with a policy in place.

Does Classic Car Insurance Cover Upgrades and Repairs?

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When you think of car insurance, protection from accident damage and liability probably comes to mind. At Marla Williams Agency in Kansas, we’re pleased to be your go-to source for safeguarding your classic car from potential risks covered by our classic car insurance policies. If you’re planning on upgrading your classic car or performing repairs on it, you might wonder if your insurance policy can cover some of those expenses.

We can only provide a general overview of what you can expect from a classic car insurance policy. However, we may be able to clarify whether this is a possibility. For more specific or detailed information about our classic car policies, call our office and speak with one of our friendly staff members.

Does Classic Car Insurance Cover Upgrades and Repairs?

Classic car insurance doesn’t usually cover upgrades or repairs. However, it’s worth discussing with one of our agents to find out if we offer a policy that does provide such coverage. If you consider replacing damaged parts or a stolen vehicle as an upgrade, depending on your policy’s specifics, classic car insurance might cover those.

Reviewing the terms of your policy with one of our agents can help clarify any confusion. Our team is always available to discuss your coverage and explore other coverages that may apply to your situation. Even if one policy doesn’t cover what you need, another may.

To see how our classic car policies can help protect your prized possession, call us at Marla Williams Agency in Kansas today!

How Classic Car Insurance Differs From Standard Auto Insurance

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Driving a classic car is a passion for many individuals, as it evokes a sense of nostalgia. Getting behind the wheel might represent a piece of your personal history. However, a classic car needs a quality insurance policy to preserve its value. The team at Marla Williams Agency in Kansas strives to ensure your vintage automobile retains its value with an ideal coverage plan.

How Classic Car Insurance Works

Many classic car owners fail to consider their vehicles as an investment. If you read the terms of your insurance policy, it is very similar to a standard auto insurance policy. The coverage varies because vintage automobiles have a predetermined dollar value, mileage restrictions for driving, and specific storage conditions must be adhered to. Read the terms of the agreement carefully, as your classic car insurance policy should match your intended usage of the vintage automobile. You want the ability to drive your classic car at your discretion.

Classic Car Insurance Has Mileage Limits

Having a mileage limit on your classic car insurance policy can be beneficial, as it assists in increasing the automobile’s value over time. The mileage limitation reduces the risk of being involved in a road accident or putting everyday wear and tear on the vehicle. Repair work will lower the classic car’s market value because the vehicle’s original parts are no longer part of the attraction. The policy wording specifies when and where the vintage automobile can be driven. Typically, a classic car is used in parades and auto show appearances.

If you have a classic car, you need an insurance policy that protects the value of your vintage automobile. The staff at Marla Williams Agency in Kansas have the knowledge and experience to create a coverage plan that meets your insurance needs. Call and schedule an appointment today.

Does My Older Car Need Classic Car Insurance?

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Enjoy Your Classic Ride with Confidence: Choosing the Right Insurance in Kansas

Driving an older car often carries a special thrill, especially if it’s a well-restored classic or a cherished model you’ve maintained meticulously over the years. Depending on the vehicle’s age, you might need a classic car insurance policy instead of a standard one. If you’re in Kansas, Marla Williams Agency is ready to help you find the ideal policy to meet your needs, enabling you to drive your classic car with sheer confidence and maximum enjoyment.

Typically, a car is considered a classic if it’s at least 20 years old. However, when it crosses the 40 to 45-year mark, it graduates from being a classic to an antique. If you own a vehicle that falls within the classic age range, it’s crucial to ensure it’s appropriately covered, considering that you probably use it differently from a newer model. Besides, the maintenance, parts, and overall upkeep may prove more complicated, hence the need for specialized coverage against loss or damage.

Working with a dedicated insurance agent lets you receive quotes from multiple insurers, helping you find the best protection. Our agents are also at your service to answer any questions, assist with policy adjustments, and address any concerns you may have regarding your policy. The peace of mind that comes from professional assistance is invaluable, and we understand how important it is for you to provide the best possible care for your classic car.

Contact us at Marla Williams Agency today if you’re in Kansas and seeking classic car insurance. We’ll collaborate with you to find the most suitable policy and ensure all your queries are comprehensively answered.

Does the Car Count as a Classic to Get Classic Car Insurance?

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Classic car insurance provides specialized coverage for classic vehicles, offering protection tailored to their unique needs. Understanding the criteria for classic car status and the benefits of classic car insurance can help you secure the appropriate coverage for your prized vehicle. Different and unique factors determine what is a classic and what is not around Kansas.

Age and Condition Requirements

One of the primary factors in determining if a car qualifies as a classic is its age. Generally, vehicles 20 to 25 years old or older are considered classics. However, the exact age requirement can vary by insurer. Additionally, the car must be in good condition, often requiring restoration or maintenance to preserve its historical and aesthetic value. Unlike daily drivers, classic cars are typically kept in excellent shape and driven infrequently.

Usage and Storage Conditions

Insurance companies also consider how the vehicle is used and stored. Classic cars are usually driven sparingly, such as for exhibitions, car shows, or occasional leisure drives, rather than for daily commuting. Proper storage is crucial, with insurers often requiring that the car be kept in a secure, enclosed space like a garage to protect it from potential damage or theft.

Market Value and Rarity

The market value and rarity of the car can influence its eligibility for classic car insurance. You may have to get an appraisal to prove the car’s current value and to ensure it is adequately covered. Rarity and historical significance can also enhance a car’s status as a classic, with rare models or those with a unique history more likely to qualify.

Marla Williams Agency Is There For You

Marla Williams Agency is here for you when you need insurance information. Our services are available at Kansas locations. Call today.

Optional Coverage for Your Classic Automobile

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A standard classic car insurance policy offers basic protection for your cherished vehicle against theft and damage. But did you know that several optional coverage types can give your classic car the comprehensive shield it truly deserves? Let’s take a closer look at these extended coverage types for classic automobiles.

Coverage for Spare Parts and Tools

Your classic car insurance is not limited to the vehicle alone. It can cover spare parts and tools. Owning additional parts and tools can come quite in handy. Hence, covering these items becomes essential. This coverage type steps in to replace or repair any stolen or damaged materials.

Coverage for Disabled Vehicle

This optional coverage can be invaluable if your classic car breaks down. The coverage pays for towing, gas, oil, and other essentials needed to revive your vehicle. If you drive your classic car long distances, having disabled vehicle coverage is worth considering.

Coverage for Vehicle Under Construction

If you’re in the process of restoring or repairing your vehicle, coverage for the vehicle under construction can be beneficial. It increases the cover amount while you restore your vehicle, protecting new and used automotive parts during the process.

Memorabilia Coverage

This coverage protects unique items like mirrors, visors, rims, emblems, and other custom parts you’ve purchased for your classic vehicle. Before opting for this coverage, it’s recommended that you inventory the memorabilia you own, record the information, and keep it with your insurance paperwork.

Reach out to the Marla Williams Agency

We just reviewed various add-on coverages to supplement your classic automobile policy. If any have piqued your interest, contact an agent at Marla Williams Agency. One of our highly experienced Kansas-based agents would be delighted to explain these classic insurance add-ons to you.

Four Priorities When You’re Buying Classic Car Insurance

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Unlike standard insurance that covers Blue Book value, a classic car insurance policy will protect the actual value of your vintage vehicle. These policies are designed to cover high-value vehicles that aren’t used for daily use. Marla Williams Agency in Kansas is here to assist you navigate this coverage.

When buying a policy, here are four priorities:

1. Choose a Policy With Agreed-Value Coverage

It’s wise to invest in an agreed-upon value policy versus an actual cash value policy to make sure you’re getting adequate coverage. Agree-value policies ensure that you won’t be compensated much less than your auto, as depreciation isn’t factored in.

2. Include Inflation Protection

Should the agreed value of your classic car be totaled, inflation protection will cover the adjusted amount. This ensures that you’ll receive a definite monetary value back rather than the original agreed-upon value.

3. Know Any Mileage Limits Included In Your Policy

Quite a few classic auto insurance policies have mileage limitations. For example, you might only be allowed to drive the vehicle within a certain number of miles during a set period to keep the policy in effect. Knowing these limitations helps ensure that you don’t go beyond them and ultimately lose coverage.

4. Get Customizations & Modifications Covered

If you make customized changes, modifications, or upgrades to your classic car, be sure to let your agent know. This allows your agent to include any increases in value to your agreed-upon value, and this can affect your bottom line payout should the vehicle get stolen, damaged, or totaled.

Let Us Help You Find the Perfect Classic Car Auto Policy

If you want to get personalized attention to put an ideal custom car insurance policy for your classic vehicle, we’re here to help. Just contact the Marla Williams Agency in Kansas, and we’ll get you the coverage you need.

 

Do I need to have insurance on my classic car in Kansas before I have it road worthy?

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There are a lot of reasons to own a classic car. Some people buy them because of the sense of nostalgia, reminding them of days gone by. Other people enjoy the community of classic car enthusiasts and the many fun events. Others simply like classic cars because they are beautiful. 

If you own a classic car in Kansas, you are in a special class.

You have something few people do, and you know when you drive your car that people are looking at you with envy. You obviously need insurance if you are driving on a public road in Kansas. But do you need to protect your vehicle before you have restored your vehicle to the point where you can drive it? Marla Williams Agency can answer all your questions and help you decide how much protection you need.

Classic car insurance tends to be less expensive than regular car insurance in Kansas because most people don’t drive their classic cars every day. Even when your vehicle is not on the road, there are other ways that your car could be damaged. Even if you keep your vehicle in a storage space or garage, there could be a fire or other disaster due to weather. Your vehicle could also be the victim of a crime if someone decides to vandalize your vehicle or steal it.

Consult With Us

Because of its value and because it is a motor vehicle, it is unlikely that your home insurance will cover damages if your classic car suffers damages while in storage. Even if you have not finished making your car roadworthy, you still need protection. If you have any questions or want to learn how reasonable classic car insurance can be, please call Marla Williams Agency today.