Showing off your classic car and all the hard work and money you have put into restoring your vehicle is fun and exciting, but you also want to have the peace of mind in knowing it is protected in case something goes wrong. The agents at the Ruddy Insurance Group in Niles, OH know that the best way to protect your classic car is through obtaining a classic car insurance policy.

In the state of Ohio, the same requirements that apply to all drivers of motor vehicles include you and your classic car since you will be occasionally driving it on public streets and highways. Also in Ohio, your vehicle must be at least 25 years old to be considered a classic car and is slated to be a collector’s item that is used for you to participate in parades, car shows, tours, car club activities, exhibitions, and other similar types of events. Your classic car cannot be used for general transportation, but you can drive it to and from events.

While most vehicles depreciate in value as soon as you drive them off the dealer’s lot, classic vehicles gain value over time. If you restore and maintain your classic car properly, the amount of money it is worth will increase in value.

In addition to liability insurance, you should obtain comprehensive insurance to protect your vehicle in the event it is damaged because of a fire, vandalism natural disaster, or is stolen. You can also obtain collision insurance in case you collide with another vehicle or a stationary object.

The classic car insurance agents at the Ruddy Insurance Group in Niles, OH are ready to assist you with all of your classic car insurance needs. Please call for a quote today to get your policy started.