There’s a unique thrill in seeing the potential in a car that others might dismiss as a rust bucket. You can envision the gleaming new paint job and the roar of a refurbished classic car on the road. However, it’s crucial to understand the insurance requirements in South Kingstown, RI, to ensure your project car stays in the garage and not the impound lot.
Understanding State Requirements
Rhode Island mandates that every registered car driven on public roads must have car insurance. That means if your vehicle is registered in your name, it’s best to get insurance. You’ll also need insurance from a company like Kingston Insurance Agency LLC to take your project car for test drives on the road.
Many people opt for car insurance for project cars for various reasons. A coverage gap often results in higher premiums, so it’s best to get coverage as soon as the vehicle is registered with you.
Choosing the Right Coverage
Many companies offer classic car insurance for cars that meet classic car requirements. This coverage is often ideal for car projects because it has limited mileage, and many people don’t drive car projects while they’re working on them. It also offers a lower premium.
Consider where you’ll be working on the car when selecting coverage. Cars parked outside may require natural disaster coverage in case there’s hazardous weather, such as hail. Few people opt for full coverage insurance on vehicles that are just sitting in a garage. Remember, you can always change your coverage once the car is drivable.
We understand how important your new project is to you. Experienced agents at Kingston Insurance Agency, LLC, will discuss your situation with you to determine the best level of coverage that meets your needs. Contact us to learn more today. We’re currently serving the South Kingstown, RI area.
