EA BONIAKOWSKI INSURANCE SERVICES E.A. Boniakowski has been identifying and meeting the insurance needs of home and business owners throughout NJ since 1950. The agency serves a broad client base, ranging from start-up business to large corporations as well as personal home and auto.
929 N. Washington Ave Green Brook, NJ 08812, USA
EAB Phone: (732) 968-0940

Car Insurance for Luxury, Classic, and Collector Cars

Specialty car owners understand the value of their vehicles, and so do we. When it comes to purchasing insurance for collector cars, we appreciate the importance of finding the right plan to ensure the best possible care for your car. Without it, your prized investment is at risk. So, whether you’re in the market for car insurance for luxury cars or car insurance for classic cars, EAB Insurance can help you find the right insurance plan at the best available price.

Car Insurance for Luxury Cars

When purchasing car insurance for luxury cars, you can expect that the premium is going to be a bit higher than what you would pay for insurance on the average vehicle because repairs, parts, and services cost more; but that doesn’t mean your plan has to cost you a fortune. EAB Insurance is equipped to help you navigate the various insurance plans available to you so you can quickly and easily compare coverage and luxury car insurance rates.

Car Insurance for Classic Cars

Car insurance for classic cars, on the other hand, contains specialty coverage that can actually cost – on average – about 40% less than a traditional auto policy. Classic car insurance rates tend to be less expensive than traditional auto insurance plans because classic cars are typically more for show or for pleasure, rather than for everyday use. With that in mind, to insure your car as a classic car, it must be kept enclosed in a garage, not used as your daily vehicle, and be in good working condition.

What Should Car Insurance for Luxury, Classic, and Collector Cars Cover?

As you shop around for luxury car insurance quotes or classic car insurance quotes, there are several factors to keep in mind:

  1. Your insurance plan should cover the cost of any specialty parts and labor that might need to go into repairing the vehicle if you were to get into an accident.
  2. You will want to ensure that you have enough coverage in place to be able to replace the vehicle in the case of a total loss.
  3. If you’ve financed the vehicle, you should consider gap insurance, which will cover the difference between fair market value and what you still owe on the car.
  4. For classic cars in particular, you will want to make sure you have original replacement parts coverage as part of your plan so your classic car can remain a classic.

At EAB Insurance, we’ve built relationships with a wide variety of auto insurance companies so that we can offer you the best rates on car insurance for luxury, classic, and collector cars. We have the resources to provide you with the flexibility to choose your specialized coverages and help you take the stress and guess work out of keeping your prized possession properly insured.

Contact us today to speak to one of our highly-skilled agents, and we will get you into the right luxury or classic car insurance plan at the right price.