Month: September 2014

Do you know why so many of the most wealthy and successful people seem to always make the right decisions when it comes to managing both their private and business lives? It is not necessarily that they are smarter than you, but rather, because they surround themselves with experts and people they trust who help them make the smartest decisions and get things done in the best possible way.

When it comes to buying auto insurance, the average person may have a cursory understanding of the subject, but not a deep understanding of all of the fine points of a policy. Young drivers, buying car insurance for the first time, are often unaware of the different types of policies that they can buy. Almost everyone wonders whether they should carry the Colorado minimum required bodily injury and property damage liability coverage of 25/50/15 (payouts up to $25,000 for injury to one person, $50,000 for injuries to all persons in a single accident, and $15,000 for property damage) or pay a little higher premium for a more robust policy with higher limits of 100/300/100.

There are plenty of other questions you may have. Independent insurance agents in Colorado love answering questions about auto insurance. You can get help deciding how big a deductible you should have or whether you should drop collision and comprehensive on a 10-year-old car. If a tree falls on your car while it is parked in your driveway, do you have a claim against your auto insurance carrier or your home insurance carrier? These are just some of the questions independent insurance agents can answer.

Your independent agent will help you get the lowest rates for the coverage you need by getting quotes from a number of competing insurance companies. When you find a good independent agent, they will look out for your best interests and make sure you are properly insured.

Buying insurance for a classic car can seem like it would be more expensive than another vehicle; however, there are ways to ensure that your vehicle is safe without overspending for coverage. Classic car insurance in Fort Collins, CO is available for any vehicle that is classified as a classic car.

Coverage Details

The coverage that is available for a classic car will usually exceed the minimum standards of the state because there are situations that you will want to protect against that may not apply to most vehicles. For example, you may have coverage to pay for damages that occur during transportation to an auto show.

Along with the coverage that is specifically designed for a classic or vintage vehicle, you should also expect that the policy will offer liability protection that is appropriate for the state. You can also purchase additional coverage if the basic standards do not address your concerns.

Requirements of the Policy

Although you may have coverage, the insurance provider may set limitations on the number of miles that you can add to your policy each year. Furthermore, you should expect some requirements when it comes to storage and maintenance of the vehicle.

A classic car should not be your primary mode of transportation. The mileage limits help keep the cost of coverage at a reasonable level so that you can enjoy the car without worrying about accidents or similar situations that may arise.

There are a variety of reasons to seek a classic car insurance policy, but you should be aware of any limitations that are set by the insurance provider before you determine that a specific plan is appropriate. To learn more about your policy options, contact us to talk to an agent today.