Click to Call
White Oak Insurance LLC

31 Cherry St, Ste. 104
Milford, CT 06460

Get Directions

White Oak Insurance LLC Blog

Retro Rides: Insuring Your Classic Car in Milford, CT

How Classic Car Insurance is Different: A Guide for Milford, CT Drivers

Driving a classic car around Milford, CT can be an incredible experience – whether it’s showing off your priceless gem at vintage car exhibitions or simply taking a leisurely drive around the neighborhood. Therefore, it’s crucial to have a dependable insurance policy. At White Oak Insurance, LLC, we’re ready to guide you every step of the way.

The Uniqueness of Classic Cars

We understand the unique allure of classic cars – their vintage charm, rarity, and rising value as they age. Unlike average vehicles that lose value over time, classic cars often gain value as they get older. Due to this unique characteristic, you’ll need classic car insurance rather than standard auto insurance.

Typically, to be eligible for classic car insurance, your vehicle should meet the following criteria: it must be of a certain model year, maintain its original design parameters, and have an annual mileage limit.

Choosing the Right Coverage

Consider various aspects of coverage for your classic car, especially since it could cost more to repair any damage, whether on or off the road. Our skilled agents can help you explore much more than just the mandatory liability coverage required by the state. This exploration can also include aspects like:

  • Comprehensive Coverage
  • Collision Coverage
  • Specialized Coverages

The value of your classic car, its annual mileage, and other elements will impact the cost of your insurance. Contact us at White Oak Insurance LLC to discuss a personalized policy – we can also provide no-obligation quotes to help you secure the most affordable premiums.

What Makes Classic Car Insurance Unique Compared to Traditional Car Insurance?

There is a big difference between classic car insurance and traditional car insurance. At first glance, most insurance buyers may not even realize there are two products out there. At the end of the day, though, it all comes down to knowledge of the products and understanding what you need. If you own a classic car, having classic car insurance is paramount. Serving the Milford, CT area, we at White Oak Insurance LLC can help bring awareness to you of the difference.

Do You Own a Classic Car?

In the event that you are the owner of a classic car, you want to understand classic car insurance so you can take advantage of it. Classic car insurance is all about being able to put your car back together the exact way you want it to maintain its integrity.

When you compare classic car insurance to standard car insurance, you need to look at the coverages. You will have additional coverage to account for the value of the classic car. On top of that, you are also in a position to be able to get original parts put into your classic car so that the integrity of the vehicle is not something you lose.

Act to Buy Classic Car Insurance

You want to buy classic car insurance to be sure your vehicle is protected out on the road. Work with our team at White Oak Insurance LLC. Serving the Milford, CT area, we are here to help you understand your classic car insurance needs and purchase the protection your vehicle deserves. If you own a classic car, keep it in top-tier condition, even if the unthinkable happens, and it is in an accident.

Three things you shouldn’t overlook when you buy classic car insurance

Classic car owners can purchase classic car insurance that’s tailored to their unique needs. White Oak Insurance LLC provides classic car insurance in Milford, CT.

Here are three things that you shouldn’t overlook when you buy classic car insurance:

The value of your classic car

It’s best to insure your classic car for its full value. That’s why you may want to have your vehicle evaluated when you purchase insurance.

Once you know what the value of your vehicle is, you should take out an agreed-value classic car policy. This type of policy will compensate you for your vehicle’s total value if it is destroyed in an accident. 

How much you use your classic car

Discuss how much you use your classic car with your insurance company before you buy a policy. Classic car insurance providers typically price premiums according to how frequently motorists use their vehicles. 

Many consumers who own classic cars don’t drive their classic cars that often. If you let your insurance provider know that you only use your classic car a few times a year, you’ll save on premiums. 

The amount of liability coverage your classic car insurance policy includes 

You could end up in an accident in your classic car. In this case, you might be held liable for the resulting damages. That’s why you need to make sure that you’re carrying enough liability coverage on your classic car insurance policy to keep you financially protected. 

Looking For Coverage For Your Classic Car?

Classic car owners in Milford, CT can rely on us at White Oak Insurance LLC for the insurance coverage they need. If you want to get a quote on a classic car insurance policy, call us or contact us online. 

How is classic car insurance different from other types of insurance?

White Oak Insurance LLC has been serving Milford, CT area vintage vehicle owners with classic car coverage options, and at times we get asked to compare these policies with auto insurance. Classic car insurance has a few differences from auto and other types of insurance. Keep reading to find out what these differences are and what classic car insurance has to offer.

Classic car insurance vs auto insurance

One of the most crucial differences between classic car and auto insurance is how the insurance agency determines the car’s value. Regular auto insurance goes by the car’s age and depreciation value. If you tried to get auto insurance for your classic car, you would get very little coverage based on the depreciated value. If you tried to insure the same classic car with the right insurance, you would get more insurance coverage.

Classic car insurance goes by the value you and the insurance company agree on. If you have a classic car, it can be worth a lot of money depending on how old it is and any additions you might have added to it.

Classic car insurance has a few requirements that auto insurance doesn’t have. To qualify for classic car insurance, you must have a separate vehicle with regular auto insurance as a designated everyday vehicle. You can’t use your classic car as the car you drive every day. You also have to have a safe, covered place to store your classic car out of the way of potential damage.

Just like with auto insurance, classic car insurance requires a minimum amount of liability insurance. Although classic car insurance requires liability, it is much cheaper than auto insurance because your classic car is not considered a daily driver.

Get Classic Car Insurance Today

Now that you know some of the key differences between classic car insurance and auto insurance, you can contact us about your classic car insurance needs at White Oak Insurance LLC in Milford, CT.

What to Look For When Buying Classic Car Insurance

Are you a classic car enthusiast? If so, you know that classic cars are a unique type of vehicle. They often have a higher value than newer models and require special care when it comes to maintenance and repairs. When insuring your classic car, it’s essential to find an insurance policy that meets your specific requirements. Consult with White Oak Insurance LLC in Milford, CT for all your insurance needs, including coverage for your classic car.

Here are a few things to look for when shopping for classic car insurance:

Assess Your Insurance Needs

The first step in finding the right classic car insurance is to assess your insurance needs. Ask yourself how often you plan to drive your classic car and what type of coverage you need. For example, if you only plan to take your car out for special occasions, then you may not need comprehensive or collision coverage. However, if you plan to drive your vehicle regularly, you’ll want to ensure you have the appropriate coverage in case of an accident.

Compare Rates

Once you know what coverage you need, it’s time to start shopping around for rates. Be sure to get quotes from multiple insurance companies so that you can compare rates and coverage options. When analyzing rates from different insurance providers, ensure that you’re comparing apples to apples. In other words, make sure that the coverage limits and deductibles are the same so that you can accurately compare rates.

Check the Company’s Reviews

It’s also a good idea to read reviews of different insurance companies before making a decision. This way, you can get an idea of the level of customer service and claims processing you can expect. You can find reviews of different insurance companies online or by talking to friends and family who have classic cars.

Read the Fine Print

Once you’ve found an insurance policy that meets your needs at a price you can afford, it’s essential to read the fine print before signing on the dotted line. This way, you’ll know exactly what’s covered and what’s not. For example, some classic car insurance policies may not cover repairs if your car is involved in a collision with another vehicle. Others may only cover certain types of damage, such as fire or theft.

Choose the Right Policy Today

Choosing the right classic car insurance doesn’t have to be difficult. By following these simple tips, you can be sure to find an insurance policy that meets your needs and budget. Then you can focus on enjoying your classic car without worrying about the financial repercussions of an accident.

If you’re looking for the best insurance coverage for your classic car, look no further than White Oak Insurance LLC in Milford, CT. Our team of insurance experts will work with you to find the perfect policy for your needs. Contact us today to get started!

Does a car in the process of restoration need classic car insurance?

Perhaps you think that your latest vehicle purchase in Milford, CT doesn’t need insurance yet because you bought a classic car that needs a little work to make it road ready. However, it is important to have classic car insurance, specifically restoration coverage, from the moment of your purchase. Stop by White Oak Insurance LLC to learn more.

What does restoration coverage provide?

You get the peace of mind of knowing that if anything happened to your classic while you restore it, you would not lose the money you already invested. Adding restoration coverage to your classic car insurance means your policy automatically adjusts the value of the vehicle over time, typically on a quarterly basis.

Restoration coverage does come with one stipulation. You must restore your classic car using original manufacturer (OEM) parts and to the vehicle’s original design. That means you cannot use aftermarket parts. You also can’t make modifications to the original design; otherwise, it would not technically qualify as a restoration.

If you want the body of the classic vehicle but to upgrade the internal parts – the mechanical – to modern specifications, you’ll need standard auto insurance for it. If you want to restore a classic vehicle to its original factory-made specifications, you can cover it with classic car insurance and include restoration coverage on the policy to protect your ongoing work.

Advantages of Classic Car Coverage

Classic car insurance saves you money and costs less than regular auto insurance since you agree to drive the vehicle less frequently and keep it in a covered, secured garage.

Contact White Oak Insurance LLC serving Milford, CT to learn more about your classic car insurance options. Call us today.

How is classic car insurance different?

Classic cars are loved in Milford, CT. White Oak Insurance LLC wants to make sure every classic and antique owner can keep their favorite vehicle street legal for many years to come. That is why we offer classic car insurance. However, there are many laws and exemptions applying to a classic that are not considered for a regular vehicle. 

Classic cars do not need a title.

Vehicles with a model year over 20 years old are not required to have a title when registering with the Connecticut DMV. In lieu of a title, classic cars need registration from the previous owner. Other prerequisites for registration still apply. This includes having an acceptable form of identification and proof of insurance. 

Some classic cars are exempt from emissions testing.

Vehicles with the model year of 1996 or older are exempt from emissions testing within the state of Connecticut. Likewise, vehicles that are over 10 years old are not required to have a safety inspection. Classic vehicles made after 1996 are still required to undergo emissions testing every two years. 

Classic car value is limited by the state.

Special interest, rare, or antique vehicles cannot be assessed for more than $500 in value. Under this law, any vehicle that is over 20 years old can be considered a classic. Additionally, these vehicles must be considered as being preserved for historic interest. They cannot be altered or modified from the original manufacturer specification. 

Classic cars must be insured.

Every driver must carry liability insurance, even when they are driving a classic or antique vehicle. The state’s financial responsibility laws state drivers must have minimum liability insurance and uninsured motorist insurance. 

White Oak Insurance LLC is the one-stop shop for Milford, CT drivers who need insurance. Contact us today to discover what we can do to protect you and your classic car.

Why should I get classic car insurance?

If you are a car lover in the Milford, CT area owning a classic car could be a dream that you have. When you choose to get a classic car, you will want to know that it is properly covered by insurance. Those that do get a classic car insurance plan will benefit in several separate ways. 

Insurance Gives Protection for Your Vehicle

A key reason to always have a classic car insurance plan when you get a classic car is so you can get protection for your vehicle. Anyone that is a classic car owner will have a valuable asset that they will want to protect as well as possible. With a classic car insurance plan, you will be able to protect the value of this asset. With this insurance plan, you can negotiate a fair replacement value to ensure the collectible value is protected.

Insurance Offers Liability Risk

It would be best if you also got a classic car insurance plan to get liability insurance. Anyone driving a vehicle needs to have liability coverage. With a classic car, most drivers will drive infrequently. This means that their actual liability risk is lower than standard drivers. A classic car insurance plan can consider this when creating a policy.

Having a classic car insurance plan is very important if you are a classic car owner. Those who own a vehicle in Milford, CT should call White Oak Insurance LLC to discuss their insurance needs. If you speak with the White Oak Insurance LLC team, you can learn a lot about your different insurance options and needs. This can help ensure that you are properly covered and build the right plan for your situation. 

What is Classic Car Insurance?

That jalopy in your garage that you keep under a protective cover needs more than just a tarp and the garage space. It requires classic car insurance from White Oak Insurance LLC, serving Milford, CT.

Why classic car insurance?

Typically, you will pay less for more coverage of your vehicle that is aged 25 years or older. With classic car insurance, you agree to drive your antique or classic automobile less than 1,000 for the year of coverage. Essentially, you get to drive it in parades and to car shows. That is it. You cannot use it for your commute or running errands, etc.

In exchange for this very limited use, you will get low premiums plus a choice between a policy that uses agreed-upon value or replacement value. That benefits you because most auto policies pay based on the current blue book value of a vehicle. Your pristinely restored 1963 Chevrolet Corvette Sting Ray with the convertible top that they only produced for six months of the year would get you a couple of thousand bucks if you were lucky when using regular auto coverage. A classic car policy though covers your baby at an agreed-upon value you negotiate with the insurance agency at the time you purchase the policy or the replacement cost of the vehicle as you have restored it. That means you would get the $148,000 necessary to actually replace your Concours rated Corvette with another Concours rated Corvette.

After you have put the effort in to restore or rebuild a vehicle, you want it to remain perfect. Perhaps the accident that occurs does not total the vehicle. Maybe it only amounts to a fender bender. The classic car coverage pays for genuine replacement parts of the same model year and make. That helps you keep your restored vehicle at a Concours rating.

Call or email White Oak Insurance LLC today to find out how best to protect that cherry coupe you have tucked away in your Milford, CT garage. We can help you insure your classic or antique vehicle, to protect the hard work you devoted to its preservation.

Reviews

States Served

  • Connecticut
  • Maine
  • Massachusetts
  • New Hampshire
  • New York
  • Rhode Island
  • Vermont

Partner Carriers

  • American Commerce
  • American Modern
  • AmTrust
  • Banner
  • Chubb
  • Dairyland
  • Foremost
  • Guard
  • Hagerty
  • Hanover
  • Harleysville
  • John Hancock
  • Kemper
  • Liberty Mutual
  • Lincoln Life
  • MetLife
  • Narragansett Bay
  • National General
  • National Grange
  • New York life
  • Progressive
  • Prudential
  • Quincy Mutual
  • Safeco
  • State Auto
  • The Hartford
  • Travelers
  • Utica 1st