Classic Car Insurance in Iowa

Classic cars are not only a great hobby but also a great investment. Understanding how to properly insure your classic cars is crucial to protecting the investment of time and money you have made into these vehicles. At MAX Insurance LLC, serving Central Iowa, we want to help you get the most out of your insurance coverage. Keep reading to find out what you need to know about classic car insurance.

Is Regular Auto Insurance Enough?

The simple answer to this question is yes. A regular auto policy will provide legally required coverage for your classic cars in Iowa. However, a regular auto policy will not provide adequate coverage. Auto insurance policies are designed based on a generally understood value of a car based on its year, make, and model. Classic car value does not work this way. The value of a classic car is determined differently.

How Are Classic Cars Valued?

Classic car value is based on the work and money that has been invested in the car. Classic car value is also based on what the car would be worth in the collectible or classic market. The best way to determine an accurate value for a classic car will be to sit down with an insurance representative. These knowledgeable professionals will be able to determine the appropriate value for your classic vehicle.

How Much Coverage Do I Need?

The coverage amount you will need for your classic cars will vary. Coverage amounts will be determined based on the car's value and how much the car is actually driven. In some cases, individuals want to make sure their classic vehicles are insured in such a way to account for all of the work that was invested into the vehicle as well.

If you want to learn more about our insurance products and services, don't hesitate to contact us at MAX Insurance LLC, serving Central Iowa. We will be happy to answer your questions.

While our office is located in Windsor Heights, IA, we serve all across Iowa.