Three misconceptions about classic car insurance

At Hedgepeth-Hutson Insurance Services Inc., we offer classic car insurance policies. If you own an antique or classic car in Nashville, NC, we can provide you with the coverage you want.

Reach out to our office for additional information about classic car insurance. Unfortunately, there are some misconceptions about classic car insurance that we think consumers should be aware of before buying. 

The following are three common misconceptions about classic car insurance. 

Classic car insurance policies have high premiums.

It’s not true that classic car insurance policies have high premiums. The premiums on classic car insurance policies are typically lower than the premiums on standard automobile insurance policies. 

You don’t need to worry about having to pay a lot to protect your classic car with an insurance policy that is uniquely designed for your valuable vehicle. 

Classic car insurance is basically the same as standard auto insurance.

Although classic car insurance policies may be similar to standard auto insurance policies in some ways, policyholders should understand some key differences.

One of the biggest differences is that classic car insurance policies typically cover an agreed value rather than the market value of the insured vehicle. 

Classic car insurance doesn’t need to be updated.

Those who have a classic car insurance policy should update their policy periodically. Classic car insurance policies should be updated as the value of the insured vehicle changes over time. 

Get a classic car insurance policy quote from Hedgepeth-Hutson Insurance Services Inc. We are a great option when you’re on the market for classic car insurance coverage in Nashville, NC. Get in touch with us to learn more!