Collector Vehicles- Are you a lucky owner?
We at Herlihy Insurance Group are working to get the message out on Collector Vehicles.
Recently on our office we have had a few calls about Bentley’s, Corvettes, Antique Fire Trucks and a few Mustangs.
All of these inquiries gave us the change to revisit a few important things that our Collector Vehicle owners may want to consider when selecting their insurance.
“Agreed Value Coverage” —– This is what you want on your Collector Vehicle. Agreed Value coverage guarantees the policy will pay the full insured amount of the vehicle, inclusive of all sales taxes – with no depreciation – in case of a covered total loss.
Choice of Repair Shops and Parts. — Certainly a valuable option that may not be on your policy
Mileage Limitations —– Check any mileage limitations. Some clients need unlimited miles
Driver Limitations —– Always review your drivers. Some policies exclude coverage for drivers under the age of 25.
Questions on your Collector Vehicle? Just give us a call or send us an email.
We will review your coverage with you and make certain you have the right coverage for your Collector Vehicle. Not all policies are the same!