Do I get my classic car back in the event of a total loss?
One question we often receive from classic car owners that we insure is, “If my classic car suffers a total loss, will I get it back?”
We have good news to share…
One of the common reasons we have been forced to say goodbye to our classic vehicles is when the car suffers a covered total loss. A covered total loss is when something happens to the vehicle – vandalism, accident, natural event – and the vehicle is deemed non-salvageable. What usually happens when a classic vehicle can’t be salvaged the insurance company takes possession of the vehicle and provides the vehicle owner with a cheque for the guaranteed value.
That is not how it has to be anymore!
We know many classic car owners that would love their vehicle back regardless of the condition. It gives you the opportunity to rebuild the vehicle, up-cycle for a future project, or even simply take off a piece to retain as a memory.
By adding the Cherished Salvage coverage to your existing classic vehicle insurance policy, you will be able to keep your vehicle to restore it or use the parts for another project and STILL receive the full guaranteed value of the vehicle. Either way, the car you love lives on!
It is time to get a quote from Bryson Insurance for your classic vehicle.
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