Protecting a high-end vehicle in Plano, TX, can help secure your overall investments. While luxury vehicles share the same concerns as lower-end vehicles, they may require provisions that specifically cover your costs. Paragon Independent Insurance Agency can help determine if you need additional coverage for your expensive vehicle.
Coverage Types You Need
Your luxury vehicle requires the same categories of coverage as those for lower-cost vehicles. You’ll pay for premiums covering liability, collision, comprehensive, and all the other major categories you would find in a standard auto insurance policy. Many insurers offer coverage to owners of high-end vehicles as well as those who own less expensive cars. You can customize a regular auto insurance policy with specific coverage for your high-end vehicle. While you can generally get coverage for a costly vehicle with a general auto insurance company, you can also obtain coverage with carriers specializing in high-end vehicles. These carriers make it easier for you to get a policy that meets your needs.
Coverage Categories to Consider
You may want to increase the amount for liability, collision, and other typical categories, but owning a high-end car comes with additional responsibilities. Consider these additional protections if you have a high-end vehicle:
- New car replacement cost
- Original parts replacement
- GAP insurance coverage
Making Your Luxury Auto Insurance More Affordable
Consider various options to reduce your premium. Increasing your deductible is an easy way to lower costs. Bundling your auto coverage with home or renter insurance can substantially reduce costs. Theft deterrent devices are another route to lower premiums.
Finding an affordable luxury auto insurance policy is easy when you work with Paragon Independent Insurance Agency, serving Plano, TX. Contact us today to get started on your policy.