Do you own a classic car like a 1964 Ford Mustang? Then it would be best if you had classic insurance. Are you confused about classic insurance? Well, you are not alone. Most people don’t differentiate between classic insurance and standard car insurance. So, if you own a classic car, you must understand that this insurance protects your classic in case of an unfortunate accident. CO Insurance Specialists have prepared some of the frequently asked questions about classic insurance to shed some light.
Is my car eligible for classic insurance?
For your car to qualify for classic insurance, it must be twenty-five years and above. So, your daily drive may not be eligible.
What is the agreed value?
Unlike other standard cars, classic cars appreciate. So, in this case, the actual value can’t work. In this case, you and your insurer agree on the value of the car when stolen or damaged.
Is classic car insurance expensive?
Surprisingly, classic car insurance is cheaper than standard auto insurance. The premium is affordable because you don’t drive it daily, making the risk minimal.
Is classic car insurance a requirement?
Yes, in Colorado and most states, you must show proof of insurance while on the road with your classic car. Remember, your classic vehicle poses the same risks as other standard motor vehicles.
What are the classic insurance coverage options?
The classic insurance coverages are similar to those of typical car insurance. Some of the coverages include:
- Lability coverage
- Collision and comprehensive coverage
- Uninsured/underinsured motorist coverage
- Roadside assistance
- Medical payments
Classic car insurance in Wheat Ridge, CO
Since classic cars are extraordinary and unique, they require a special insurance policy. But if you are still unsure about classic car insurance cover, talk to us at CO Insurance Specialists for more insights. Ready to protect your pride? Call us today if you live in Wheat Ridge, CO, and preserve your classic vehicle.
Making your home a safer place can mean different things to different people. It can be making sure that the house’s interior is safe from things that can endanger the occupants, or it can be keeping it safe from things outside your home or even a combination. At CO Insurance Specialists in Wheat Ridge, CO, we help our customers understand the coverage they have with their home insurance and make sure it is precisely what they need.
Add a home security system.
It has never been easier or less expensive to have a home security system. Many of them are easy to install in only a few minutes, and they allow you to monitor your home 24/7 from wherever you are with your cellphone. You can opt for monthly monitoring or not. You will never wonder who is at your door again.
Add and use deadbolts.
If you don’t currently have deadbolts on your home, you should. Not only should you have them, but you also need to use them every day.
Use window locks
People forget that windows have locks, and intruders often find their way in through either left open or left unlocked windows.
Cut back high bushes.
Keep the bushes close to your home small. You don’t want to give an intruder anyplace to hide.
Use motion-activated lights
Place motion-activated lights so that if anyone approaches any of the doors on your house, they will turn on. It may be annoying because any animal who crosses the path can turn it on, but it is worth having the light you need.
Contact CO Insurance Specialists in Wheat Ridge, CO on the phone, at our office, by text, video chat, or email for all of your home insurance needs.
Basic insurance is the minimum amount of coverage you can have legally to drive a vehicle in a given state. In Colorado, that is 25/50/15. Other states have other amounts. While this may be the perfect coverage for some people, it isn’t suitable for everyone. For those who live in or near Wheat Ridge, CO, CO Insurance Specialists has an experienced team who is happy to provide the information you may need to determine if basic coverage is right for you.
With basic insurance, other drivers are protected from you. If you are the responsible driver in an accident, you will pay for medical bills and damage to the other vehicle. But it doesn’t do anything for your car. You will be left to pay for any repairs yourself.
If you have an auto loan or are leasing a vehicle, you will need to have insurance to protect your vehicle, which the loan company or the lessor has an interest in.
But what about your vehicle if you don’t have a loan or lease? Do you count on your vehicle for your activities of daily life? Most people do. If you had an accident or were the victim of a hit and run, would you be able to pay for the repair? If your vehicle was stolen, would you have the money to replace it?
Collision coverage provides the money you need to repair or replace your vehicle if damaged in an accident. Comprehensive coverage covers you for vehicle theft and other things other than an accident that can damage or destroy your vehicle. It includes glass coverage as well. Most coverage will require that a deductible be paid.
Contact CO Insurance Specialists in Wheat Ridge, CO when you need to make some auto insurance decisions.
You may be glad you have a homeowner’s insurance policy that protects your home from unanticipated problems, such as a fire or a theft of your belongings. You may feel even better if you find out about the additional coverages you may need since a standard policy may not give you the compensation you deserve if you have a problem.
You may need information about extra content coverage, personal property extensions of coverage, flood insurance, and earthquake insurance. The CO Insurance Specialists in Wheat Ridge, CO could be the insurance company that helps you with these additional items because they care about giving you the answers you need because you need this to protect your most expensive asset. Call them today to get the help you need with your policy.
Additional Contents Coverage
You can increase the coverage amount of your belongings if you need this additional coverage. Usually, your policy will give you content coverage that is a percentage of the value of your home. For example, 50 percent coverage of contents will protect your belongings with an amount equivalent to half of your home’s value.
Personal Property Extensions of coverage
You may need additional coverage for specific types of your belongings, such as jewelry and computers.
If you live in a flood-prone area, you may need flood coverage. This is an additional type of insurance that would need to be added to your homeowner’s policy.
Your insurance company offers an earthquake policy that will protect you if an earthquake damages your home for an additional premium.
Call CO Insurance Specialists in Wheat Ridge, CO today to get the help you need with your policy and additional coverages.