Category: Classic Car Insurance

If you’re the owner of a classic car, you may be curious about the requirements when seeking the right insurance policy. While it’s not required by law to carry classic car insurance, traditional liability insurance is necessary. If you’re unsure of which type of insurance you need, we can help. At Roark Insurance Agency, serving Flatwoods, KY, we’ll work with you to determine if classic car insurance can provide you with the additional protection and coverage you’re seeking.

What the Law Requires

In most states, the law requires minimum liability insurance to help cover potential property damage and bodily injury you may cause to others anytime you’re behind the wheel. Valid registration and proof of insurance (liability) is also required.

Is Classic Car Insurance Mandatory?

No. Classic car insurance is not mandatory, but it can help with protecting the assessed value of your classic car, as the car appreciates over time. With traditional vehicles, cars typically lose value as soon as they are purchased (as opposed to a classic collectible car or truck).

When You Might Not Need Classic Car Insurance

You may not need insurance for your classic car if it’s not registered or if you do not currently drive it on public roads. Also, if you’re currently storing your classic car or it’s undergoing restoration, classic car insurance may not be necessary. 

Understanding the basics of classic car insurance can help you to determine if it’s right for you. At Roark Insurance Agency, serving Flatwoods, KY, we’ll help assess your driving record and needs to find a policy that works for you. If you want to know more about classic insurance and if you’re ready to see if it’s right for you, contact us today for your quote and consultation. 

Your classic car is your prized possession, so the last thing you need to navigate is damage from severe weather. A common question we receive at Roark Insurance Agency relates to classic car insurance and severe weather events. From rain and sun to tornadoes, flooding, and winter storms, your car is always at risk of damage. Furthermore, stored vehicles could feel the impact as much as classic cars on the road.

Does Classic Car Insurance Protect Your Vehicle From Severe Weather?

Yes. The comprehensive coverage section of classic car insurance protects your classic vehicle from select severe weather events. Other weather events may be available as an add-on. It covers classic cars on the road and in storage. Most policies include comprehensive coverage. However, insurance coverage will only pay to the policy limit. Still, visit an agent at Roark Insurance Agency to review your carrier’s limitations and exclusions.

Why Is Protection From Severe Weather Important?

The age of classic vehicles makes them more vulnerable to severe weather damage than newer automobiles. The humid summers and chilly winters in Flatwoods, KY will damage the battery and engine in winter and discolor paint jobs in summer. Combine that with rain, flooding, and snow that will rust metal parts and hailstorms that could dent the exterior, and suddenly classic car insurance becomes crucial. Replacing those damaged parts with compatible ones is challenging for auto shops. Manufacturers could discontinue vehicle parts, and compatible substitutes may not fit or operate properly.

At Roark Insurance Agency, we want you to understand your severe weather coverage in the comprehensive section of classic car insurance. One of our agents will discuss your carrier’s severe weather coverage in greater detail. We can also find another classic car insurance carrier that has the severe weather coverage you seek. For more information on classic car insurance, contact our office, serving Flatwoods, KY and surrounding areas.