A classic car is a sizeable investment. You need to protect that investment by making sure the car is properly insured. The coverage you need will depend on how you use the car.
There are three types of classic car coverage. The most common coverage is for actual cash, or bluebook, value. In the event of a loss, this kind of coverage pays out the purchase price of the car less depreciation. State value, on the other hand, allows the owner to declare a value for the car that is greater than the book value. And agreed value ensures that the owners of classic vehicles will get all their money value even if the car is a total ...click here to continue
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