High Value Car Insurance
Car accidents are an unfortunate party of everyday life, even for the most careful drivers. When your vehicle is unique or expensive, however, a standard home insurance policy may not cut it. If your car is damaged beyond repair or stolen, would you expect to get a check for the value of your car regardless of age or mileage?
Ifft & Palmer understands that each driver and their insurance needs are different. You deserve a policy that completely covers your high value car without gaps leaving you vulnerable to accidents. With out expert advice and custom built plans, we will successfully help you insure your vehicle for what it’s worth.
What Does High Value Car Insurance Cover?
All high value car insurance policies come with at least the minimum auto insurance requirements, although higher limits are available. Basic auto insurance requirements in Pennsylvania are:
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$15,000 in bodily injury liability per person
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$30,000 in bodily injury liability per accident
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$5,000 in property damage liability
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$15,000/$30,000 in uninsured/underinsured motorist per person/per accident
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$5,000 first party benefits
Liability isn’t the only insurance you need, however. On its own, liability insurance won’t cover the damage to your vehicle or medical bills for you and your passengers. For a full coverage high value car insurance policy, you may want to consider carrying:
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Comprehensive Coverage: Comprehensive coverage provides compensation for loss of or damage to your vehicle caused by fire, wind, hail, lightning, smoke, theft, vandalism and other incidents not involving collision.
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Collision Coverage: Collision coverage provides compensation for loss of or damage to your vehicle caused by a collision with another vehicle or object.
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Liability: Liability insurance provides compensation for bodily injury and property damage you may cause someone else while operating the insured vehicle.
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Medical Payments Coverage: Medical payments coverage helps to cover you and your passengers’ medical expenses after an accident, no matter who is declared at fault for the accident.
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Uninsured/Underinsured Motorist: This insurance compensates for damages and injuries that occur in an accident involving another driver who is not carrying insurance.
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Roadside Assistance: Roadside assistance can help with trip interruptions such as blown tires and running out of gas.
Your policy can also expand to cover rental vehicles of similar make and value while yours is being repaired.
High Value Car Insurance vs Standard Car Insurance
The main difference between high value car insurance and standard cast insurance is the coverage limits available. High value vehicles often need large amounts of coverage due to their value and the frequency of which they are stolen.
Protect Your High Value Vehicle Today
With premium auto insurance, you can expect a seamless experience so your day-to-day can go on like nothing ever happened. The agents at Ifft & Palmer are ready to provide you with quality customer service and find you the best policy for your vehicle. Call us at or fill out an online quote form to get started today.
Common High Value Car Insurance Questions
What is a High Value Car?
A high value car is generally an expensive luxury or exotic car that costs more than the average vehicle. These types of vehicles are more costly to lose, so they require more insurance than standard vehicles.
What is High Value Car Insurance?
High value car insurance is a type of insurance policy designed to specifically cover high value vehicles. These policies tend to have higher limits than standard car insurance policies.
How Much is High Value Car Insurance?
The cost of high value car insurance depends on a variety of factors, including your age, location, driving record, claims history, credit score, coverage limits, deductible, the value of your vehicle and more. Contact Ifft & Palmer Associates to find out how much you can save on high value car insurance today.
Who Needs High Value Car Insurance?
Anyone with an expensive or exotic vehicle should consider high value car insurance. Standard car insurance may not cover your expensive or classic vehicles, so consider a high value car insurance policy to protect your assets fully.
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