Port Charlotte Florida Insurance Agency Demystifies Classic Car Insurance Pricing

Port Charlotte, FL, May 24, 2014 --(PR.com)-- The car insurance experts at Gulf Coast Educators Insurance offer assistance to consumers in understanding classic car insurance coverage. The car insurance agents in their Port Charlotte, Florida office has found nearly half of all auto insurance customers who have collectible vehicles put them on a standard auto insurance policy. “Florida drivers typically end up paying too much for insufficient coverage when it comes to Classic Cars,” states Ron DeFreitas, owner/operator of Gulf Coast Educators Insurance. “Some reasons why may be that the car owner isn’t paying attention to their insurance policy, or may have inherited a classic car and are not aware that policies for these types of automobiles even exist,” adds DeFreitas.

There are many reasons why classic car owners should have the correct auto insurance. Traditional insurance is based on the theory that an automobile will depreciate, and the opposite is true of a classic car. Therefore, if a driver has a standard auto policy for a classic or antique car, they could receive less money if something happens to their prized automobile.

Some consumers get confused about what kind of policy is appropriate for a classic car because it is supposed to appreciate, and believe that this type of specialty policy will be more expensive. That is untrue, and classic car insurance is less expensive than a traditional policy because a driver typically treats a classic car or antique car differently.

“Classic cars and antique cars are usually driven less often and treated with greater care,” DeFreitas explains.

These low prices are reflective of the type of behavior expected from drivers with classic cars. That is, classic cars are driven less frequently (limited, pleasure-only basis), are usually stored in a secured location, like a garage, so the chances of an insurance claim are minor.

Florida residents searching for classic car insurance in Port Charlotte can also purchase traditional auto insurance, motorcycle insurance, boat insurance, camper and RV insurance, trailer insurance, and golf cart insurance through the Southwest Florida based Gulf Coast Educators Insurance agency.

Gulf Coast Educators Insurance agency is a Horace Mann company with three offices located in Naples, Port Charlotte, and Fort Myers. Their experienced insurance agents also offer additional insurance products like homeowners insurance, property insurance, life insurance, and financial services.

For more information, Florida drivers are asked to call any one of Gulf Coast Educators auto insurance offices or visit online at http://www.propertyandhomeinsuranceflorida.com. Their licensed insurance agents are available to discuss auto insurance, home, property and life insurance options as well as various financial services. Individuals can call 239-997-0420 for the Ft. Myers insurance office, for the Port Charlotte insurance office call 941-391-5423 and for help with insurance in Naples, FL call 239-591-0963.