Does Classic Car Insurance Cover Theft?

Classic car insurance functions much like normal auto policies with the advantage of coverage for your car’s accepted value and details including usage and storage, among others. Just like in auto covers, you’ll submit data on yourself and the classic car you want to protect. From there, you choose the policy that matches your use and financial ability.

For more details on factors that affect your policy, contact us at Birdsong Agency Inc – we happily serve the greater Snellville, GA area.

Is Theft Covered Under Classic Car Insurance?

The short answer is yes. Where auto policies are concerned, theft is theft. In some areas, it is addressed under something referred to as other than collision, while in others it is under comprehensive. In the past, some policies had it under the fire and theft clause. In most cases, nowadays, it is under comprehensive packages.

The only scenario whereby theft is not covered under this policy is when it is proven that the owner of the car was somehow involved in the theft of his own vehicle. Some people attempt these kinds of schemes to defraud insurance providers.

Some common things covered under comprehensive policies include:

• Falling objects
• Sandblast
• Animal and bird contact
• Fire
• Larceny
• Explosions
• Earthquakes

Most classic car policies have requirements for the vehicle before it can qualify for coverage. For some, the age of the car matters, while for others, it does not.

Some of the frequent requirements include but are not limited to:

• Frequency of use. The classic car should not be what you use for daily commutes.
• Regular use of cars. All the drivers in your home should have a daily driver for everyday commutes, and the classic car policy applicant must possess and maintain a regular auto cover.
• For the most part, only drivers without major infractions over the last three years can qualify.
• The area holding the car should not have much traffic. This leads to increased chances of damage.

Give Us A Call

Unless the car owner plans on defrauding the policy vendor, theft falls under classic car insurance. For more details on specific covers, contact our team of insurance experts at Birdsong Agency Inc., serving the Snellville, GA area.