Classic Car Insurance in Tennessee
Classic car enthusiasts know that these vehicles are much more than just cars. To many collectors, classic cars are a part of history and a type of art. For these reasons, having the right type of insurance in place is essential. Classic cars are in a class of their own and need special attention regarding insurance. At P3 Insurance Solutions, serving Memphis, TN, and the surrounding areas, we can help you make the best insurance choices for your classic vehicles.
Can I Use Regular Insurance for My Classic Cars?
The answer to this question is yes and no. Yes, you technically could, but that doesn't mean you necessarily should. The reason is that classic cars are valued very differently from regular vehicles. This makes adding them to a standard policy difficult based on the year, make, and model.
What Contributes to The Value?
The value of a classic car is based on many factors. When regular vehicles are valued for insurance purposes, the vehicle's year, make, model, and use are used to determine value and insurance coverage. These standards do not work well for classic cars. In most cases, a classic car has been restored through a lot of investment of time, money, and hard work. These are valuable factors. Each classic vehicle must be valued individually based on other criteria.
How Do I Value My Classic Car for Insurance?
If you contact one of our helpful insurance representatives, we can sit down and value the vehicle for insurance purposes. This is the best way to get an accurate value and a sufficient insurance policy.
If you want to learn more about classic car insurance, please get in touch with us at P3 Insurance Solutions serving Memphis, TN, and the surrounding areas.
