Classic Car Insurance in Minnesota
Conveniently located in beautiful Duluth, MN, Deluxe Insurance Group is happy to serve our neighbors with any of their insurance needs. If you a classic car aficionado or owner, then you understand how valuable and vital these collectible vehicles are to those that have them. From hours spent waxing them on the weekends to countless car shows, owning a classic vehicle is a lifetime achievement for many of us. When it comes to insuring a classic car, typical auto insurance that you might have on your car, SUV, or truck is wholly insufficient. Unlike traditional auto insurance, classic car coverage is designed to protect expensive antique vehicles. Although definitions of what qualifies as a classic car can vary, it is generally classified as any vehicle that is at least 25 to 30 years old.
What’s the difference between traditional auto insurance and classic car coverage? It’s pretty simple - classic car insurance is designed to take into account the full collectible value of the vehicle, which is often far higher than people think. Unlike a brand-new SUV purchased at a dealership that experiences depreciation the moment it leaves the lot, collector vehicles - assuming they are in pristine condition and demand - are often worth substantially more than they were purchased for and more than most people pay for a new vehicle. Consequently, the team at Deluxe Insurance Group in Minnesota will work with you to determine how much your classic car is worth and appraise it at the appropriate amount. This way, if something happens to the vehicle, the full value will be reflected in the insurance policy.
Similar to auto insurance, classic car insurance covers much of the same to include collision, comprehensive, liability, and more. Folks in Duluth, MN, or the greater Minnesota region should give us a call today to schedule a no-obligation consultation to hear how we can help you with all your insurance needs.