{"id":153,"date":"2024-10-21T04:00:00","date_gmt":"2024-10-21T10:00:00","guid":{"rendered":"https:\/\/www.ruddyinsurancegroup.com\/blog\/?p=153"},"modified":"2024-10-15T14:51:35","modified_gmt":"2024-10-15T20:51:35","slug":"what-should-classic-car-owners-know-about-insurance-at-car-shows-and-other-public-events","status":"publish","type":"post","link":"https:\/\/www.ruddyinsurancegroup.com\/blog\/what-should-classic-car-owners-know-about-insurance-at-car-shows-and-other-public-events\/","title":{"rendered":"What should classic car owners know about insurance at car shows and other public events?"},"content":{"rendered":"

Most people consider owning a classic car more than a hobby. Instead, it’s their passion, and they want to show it off. Many people who invest significant time or money into maintaining and improving their vintage vehicles want to show them off.<\/p>\n

For some classic car enthusiasts, finding car shows and public events to show off is the pinnacle of their passion. They may not realize it at the time, but they need to ensure that they have the right classic car insurance to protect their investment.<\/p>\n

Agreed value insurance<\/h2>\n

A standard car insurance policy isn’t sufficient for a classic vehicle. Standard policies account for the depreciation of the vehicle at a pre-set rate. These policies don’t consider classic cars’ unique value structure.<\/p>\n

People who own classic cars need to have an agreed-value insurance policy. This policy takes into account the vehicle’s appraised value, which is likely considerably higher than the current market rate.<\/p>\n

Explore additional coverage<\/h2>\n

Classic car insurance will likely provide coverage while the vehicle is parked at the registered address or while it’s being transported. However, it won’t cover damage or vandalism that occurs during a public event. The vehicle would need a policy rider or additional coverage for accidental damage, fire, or vandalism.<\/p>\n

Another option for some is having event liability insurance. This goes beyond protecting the vehicle. It protects against financial ruin if someone is injured because of the vehicle or near the classic car.<\/p>\n

Obtain optimal coverage today.<\/h2>\n

Ruddy Insurance Group proudly serves residents of Niles OH, who need to obtain insurance on their vehicles, including classic cars. Give us a call today to learn more about your coverage options.<\/p>\n","protected":false},"excerpt":{"rendered":"

Most people consider owning a classic car more than a hobby. Instead, it’s their passion, and they want to show it off. Many people who invest significant time or money into maintaining and improving their vintage vehicles want to show them off. For some classic car enthusiasts, finding car shows and public events to show […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[12,11],"class_list":["post-153","post","type-post","status-publish","format-standard","hentry","category-classic-car-insurance","tag-niles-oh","tag-ruddy-insurance-group"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t