{"id":3814,"date":"2016-10-24T15:35:16","date_gmt":"2016-10-24T21:35:16","guid":{"rendered":"http:\/\/www.noyeshallallen.com\/?p=3814"},"modified":"2024-06-27T06:38:03","modified_gmt":"2024-06-27T12:38:03","slug":"insuring-your-maine-classic-car-or-antique","status":"publish","type":"post","link":"https:\/\/www.noyeshallallen.com\/blog\/insuring-your-maine-classic-car-or-antique\/","title":{"rendered":"Insuring Your Maine Antique or Classic Car"},"content":{"rendered":"\n<p class=\"has-text-align-left wp-block-paragraph\">An antique or classic car is fun to admire, show, drive and collect. It can also\u00a0be a good investment, and a great hobby. You&#8217;ll want to insure your classic properly to protect your investment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3823 aligncenter\" src=\"https:\/\/www.noyeshallallen.com\/wp-content\/uploads\/2016\/10\/Ted-Hot-Rod-2.png\" alt=\"Teds Hot Rod\" width=\"360\" height=\"276\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-3b650d0622eb3c701c8896577593645d\" style=\"color:#0f3f81\">Your Maine Classic Car or Antique Is\u00a0Unique. Your Insurance Should Be, Too.<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">An &#8220;off the shelf&#8221; auto policy isn&#8217;t&nbsp;a good fit for your classic, for these four&nbsp;reasons:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><span style=\"color: #0b479d;\">Valuation<\/span>\u00a0<\/strong>&#8211; standard auto policies pay the depreciated &#8220;book value&#8221; of a vehicle. There&#8217;s a big difference between a &#8217;78 Firebird that&#8217;s been babied and one that&#8217;s been driven\u00a0hard and put away wet.\u00a0Standard policies value\u00a0the cherry one and the\u00a0pre-restoration project the same.\u00a0Collector car policies usually insure on\u00a0an &#8220;agreed value&#8221; basis. You and the insurer agree on the amount to be paid on a total loss BEFORE anything happens.<\/li>\n\n\n\n<li><span style=\"color: #0b479d;\"><strong>Use and Mileage<\/strong><\/span> &#8211; classic owners drive just a few miles a year &#8211; much less than their &#8220;daily driver&#8221;. When they do drive, it&#8217;s often a leisurely trip to the ice cream shop or rally, not a rush hour\u00a0commute. &#8220;Off the shelf&#8221; policies consider all driving the same. They also assume a minimum\u00a0of 8,000 miles driven per vehicle per year. Why pay full-time insurance rates for part-time insurance? Antique and classic owners pay way too much in that scenario.<\/li>\n\n\n\n<li><span style=\"color: #0b479d;\"><strong>Parts<\/strong><\/span> &#8211; Anyone who&#8217;s scoured New England&#8217;s\u00a0back roads looking for Series 1 Rover parts knows they can be expensive and hard to find. You need a policy that will pay for the right part &#8211; and maybe even help you locate it. Regular insurance policies pay for replacement parts after an accident. If your vehicle is more than a few years old, insurers\u00a0usually only pay for aftermarket parts. That sends shivers down the spine of an antique buff.<\/li>\n\n\n\n<li><span style=\"color: #0b479d;\"><strong>Roadside Assistance<\/strong><\/span> &#8211; If you break down on the way to your show, or during a rally, you want your classic worked on by a trusted mechanic. Most classic auto policies offer special flatbed coverage to get you to a mechanic qualified to work on your vehicle.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-c4dbbe936a4ff3565c33763ac461f29f\" style=\"color:#0f3f81\">What Vehicles&nbsp;Qualify For Maine Classic Car Insurance?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>In general, insurers define&nbsp;a classic car as 20 years or older, including<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sports cars (MG, Triumph, Alfa Romeo, etc.)<\/li>\n\n\n\n<li>Muscle cars (Corvette, Camaro, Firebird, Mustang, etc.)<\/li>\n\n\n\n<li>Street\u00a0rods and customized vehicles<\/li>\n\n\n\n<li>Collector vehicles, including antique motorcycles<\/li>\n\n\n\n<li>Vehicles in mid-restoration<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Classic vehicle&nbsp;policies may limit:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Annual mileage driven<\/li>\n\n\n\n<li>How it&#8217;s used (&#8220;daily drivers&#8221; usually don&#8217;t qualify)<\/li>\n\n\n\n<li>Young drivers<\/li>\n\n\n\n<li>Storage (require you\u00a0to garage it when not in use)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-50f3bac6e544512274de4b5571d8b6bf\" style=\"color:#0f3f81\">Answers to Your Antique &amp; Classic Insurance Questions<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you live in southern Maine and have questions about insuring your classic or antique, <a href=\"http:\/\/www.noyeshallallen.com\/policy-services\/contact-my-agent\/\">contact a Noyes Hall &amp; Allen agent<\/a> at 207-799-5541. We offer a choice of several insurers; let us find the right one for you. We&#8217;re independent and committed to you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An antique or classic car is fun to admire, show, drive and collect. It can also\u00a0be a good investment, and a great hobby. You&#8217;ll want to insure your classic properly to protect your investment. Your Maine Classic Car or Antique Is\u00a0Unique. Your Insurance Should Be, Too. An &#8220;off the shelf&#8221; auto policy isn&#8217;t&nbsp;a good fit [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5231,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,14],"tags":[67,69,35],"class_list":["post-3814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auto-insurance","category-car-insurance","category-personal-insurance","tag-auto-insurance","tag-classic-car-insurance","tag-fun"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/3814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/comments?post=3814"}],"version-history":[{"count":3,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/3814\/revisions"}],"predecessor-version":[{"id":6748,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/3814\/revisions\/6748"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/media\/5231"}],"wp:attachment":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/media?parent=3814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/categories?post=3814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/tags?post=3814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}