Does Geico Have Classic Car Insurance
Does Geico Have Classic Car Insurance?
What is Classic Car Insurance?
Classic car insurance is for those drivers who want to insure their classic car. It is designed to provide insurance coverage for cars that are not in day-to-day use and generally more than 15 years old. Classic cars are usually loved and cherished by their owners, so they require extra special care and protection. Classic car insurance provides a higher level of protection than regular car insurance policies, as the car is usually worth far more than a regular vehicle.
Does Geico Offer Classic Car Insurance?
Yes, Geico does offer classic car insurance. Geico has a dedicated classic car insurance program which is specifically tailored to meet the needs of classic car owners. The program is designed to provide comprehensive coverage and competitive rates for vintage and collector cars. Geico's classic car insurance is designed to protect classic vehicles from the risks of everyday use such as fire, theft, and vandalism. It also provides additional coverage for roadside assistance, towing, and rental car reimbursement.
What Does Geico's Classic Car Insurance Cover?
Geico's classic car insurance provides comprehensive coverage for classic cars. This includes coverage for liability, comprehensive, and collision. It also provides additional coverage for roadside assistance, towing, and rental car reimbursement. In addition, Geico's classic car insurance provides coverage for specialized parts and accessories, as well as agreed value coverage which guarantees that the car will be paid out at the agreed upon value in the event of a claim.
What Are the Requirements for Geico's Classic Car Insurance?
In order to qualify for classic car insurance from Geico, the vehicle must be at least 15 years old and have an agreed upon value of at least $50,000. The vehicle must also be kept in an enclosed garage, and the driver must have a valid driver's license and a clean driving record. The driver must also have a membership in a recognized classic car club, and the vehicle must be used for parades and shows, and not for everyday use.
How Much Does Geico's Classic Car Insurance Cost?
The cost of Geico's classic car insurance varies depending on the vehicle, the age of the driver, and the type of coverage. Generally, classic car insurance costs more than regular car insurance, due to the added value of the car and the specialized coverage that is required. However, Geico offers competitive rates and discounts for classic car owners, and the coverage is usually much more comprehensive than regular car insurance.
Conclusion
Geico does offer classic car insurance for those drivers who want to insure their vintage and collector cars. The program is designed to provide comprehensive coverage and competitive rates for classic cars. The cost of classic car insurance from Geico will vary depending on the vehicle, the age of the driver, and the type of coverage. However, Geico does offer discounts and competitive rates for classic car owners, and the coverage is usually much more comprehensive than regular car insurance.