Auto

For agents operating in the auto market, offering knowledge and coverage options through carriers with expert knowledge of classic cars is key to growing their book of business.

Although rarity, overall condition, and emotional appeal all play important roles in determining a classic or collectible car’s value, there are three primary types of valuations that can be used.

While participating in vintage race car racing can be a dream come true for enthusiasts, insurance considerations play a crucial role in keeping a dream hobby from turning into a financial disaster.

Increasing auto insurance premiums have been a concern over the past couple of years. Here are four insurance reports agents can use when discussing the market with clients.

From rodent damage to dry rot, classic cars can incur costly damages without proper maintenance.

The program includes specialized classic car coverages and pricing models that account for the reduced accident frequency often associated with collector vehicles.

The ‘90s have officially achieved classic status.

Not only is the hobby transitioning to new generations, both to Generation X and millennials, it is also witnessing the evolution to electric vehicles (EVs).

A surge in classic car values—primarily due to rising inflation and exchange rate variability—means that owners are facing insurance-related issues.

As generations grow older, the definition of a classic car is changing. Agents have the opportunity to provide products and coverages to the newest generation of collectors.