After 35 years in the business, there are few who know as much about the collector-vehicle and collectibles markets as the team at American Collectors Insurance. We aim to help you attract and retain more customers and make more money by providing cost-effective insurance coverage for your clients. Heres some information to help address your clients’ questions:
The collector vehicle market is important to pay attention to:
- Despite a slow economy, the collector vehicle market remains stable and growing. It’s great for agents looking for new business.
- The market is as diverse as the automobiles that make it up: antique & classic cars, trucks and motorcycles, muscle cars, street rods, modifieds, exotics, even quirky vehicles like antique tractors, fire trucks, military vehicles and amphicars. Simply, if it’s appreciating in value, and used as a collector, we’ll consider it.
- Collectors are passionate. Look for local shows and events and share the love. We have all the resources you need, like free marketing materials and sure-fire ideas for success.
- Talk up the extras like our Freedom Tier, our Towing and Labor for Collectors (TLC) Plan, spare parts coverage, and Inflation Guard.
- Educate your customers about Agreed Value Coverage. Explain that in the event of a total loss we make payment for the full Agreed Value less any deductible. Tell them how that compares to an ACV policy!
- Advise your clients to purchase a collector policy because it will save them money. Collector vehicles are primarily used for pleasure or hobby keeping our rates lower than a standard auto policy.
- Leading with specialty vehicle insurance jump starts your other lines of business, too. It’s a great way to get your foot in the door with a desirable demographic.
- We’re not your Daddy’s Cadillac. Our new program guidelines are the broadest and our rates are among the most competitive in the industry.
Don’t forget collectibles insurance! It’s easy to sell.
- Collectors are everywhere! Did you know that collectibles are the #1 category of items listed for sale on eBay? Look no further than your current customer base for new business. It’s an easy add on to any standard homeowners policy.
- Collectors are passionate. Yet, many don’t realize their collections are either underinsured or uninsured. Simply put, you should not be selling a homeowners policy or a collector vehicle policy without asking about collectibles in the home.
- Homeowners insurance lacks in coverage. Basic collectibles endorsements offered on a HO policy lack the lower rates, low deductibles, and broad coverage on collections (including accidental breakage, flood, and hurricane)
- We provide coverage that protects the full insured value of your client’s collection in the event of a total loss. Homeowners insurance pays claims based on a depreciated value, but our collectibles plan recognizes the collector value.
- It’s our specialty. An American Collectors Insurance policy fills in the gaps of homeowners and other kinds of insurance. It provides coverage for collectibles against accidental breakage, theft, fire, natural disasters, and even the packaging of collectibles.
- It’s affordable. We have competitive rates and deductible options, including a $0 deductible. Plus with our expanded coverage, we now offer a variety of discounts.
To quote and submit business: www.AmericanCollectors.com/agents or call our Help Desk at 1-800-257-5758.