Why is Classic Car Insurance offered by Shults Insurance Agency?

A classic car is not just any car. It is unique in its own way, and it is very much treasured by the owner. So much value is given to the car regardless of the age. It is your pride, passion, and joy and that means it is much more than an ordinary car to you. Therefore, you need to protect it from various risks that might occur, and Shults Insurance Agency is here to help you.

Why Classic Car Insurance?

We have been in the insurance business serving the people of Fort Plain, NY for a long time and take pride in serving the residents of New York. We are a team of passionate and devoted professionals who are always ready to listen and guide you appropriately. We have various insurance options for you to choose from when it comes to protecting your classic car.

Nonetheless, why should you choose Shults Insurance Agency while you can get classic car insurance from almost any insurance company? Here is why.


Your classic car is of great value to you, and that is why you have all the right to protect it to the best of your ability. Therefore, we offer you a choice of coverage to get reliable repair services for your vehicle. With our policy, you get to choose a repair shop that pleases you. We want to provide the freedom of choice so you feel confident when your car needs care.

Guaranteed value coverage

You have an option to get insurance for a total covered loss. This means that you get your entire car’s insured value regardless of depreciation. This is just one of the benefits of having a classic car policy.

So, if you are in need of classic car insurance do not hesitate to contact us or visit our offices to get the answers you need. Reach out to our agents to get a quote and find out if your vehicle qualifies for classic car insurance.


Things to Know About Renters Insurance

Many renters don’t realize how much they could benefit from having an insurance policy that can help protect their valuables in a life-changing event like a fire or theft.  If you assume that damage to your property in your rental home will be covered by your landlord’s insurance policy, you’re making a mistake.  The owners of rental properties typically purchase only enough insurance to repair or replace their structures, and are not responsible for helping you replace your property.  Insuring your personal property is up to you.

1. Renters Insurance Provides Off-Premises Coverage

Renters insurance not only covers the cost of lost or damaged possessions in your home, but covers your belongings outside of your home as well.   There is coverage if your bicycle is stolen from a bike rack at the park, or if your laptop is taken from your car while you’re at the supermarket.

2. You Can Be Compensated if You’re Forced to Relocate

If your rental home should become uninhabitable, your renters policy typically will help address some of the costs for you to temporarily live elsewhere, up to your policy limits. This benefit usually includes the cost of meals, over and above your normal expenses.

This coverage typically is limited to 30 to 50 percent of your insured personal property. For example, if your belongings were insured for $100,000, the limit on additional living expenses would be $30,000 to $50,000, as outlined in your policy.

3. Actual Cash Value vs. Full Replacement

There are two types of renters coverage, one that pays based on your property’s actual cash value and one that pays based on your property’s replacement cost.

With actual cash value coverage, insurers depreciate lost or damaged items based on their age.  For example, if you owned a 10-year-old couch that was stolen, the actual cash value would be the cost of buying a used couch of comparable age and condition.

If your policy covered your couch at full-replacement value, your insurer would pay based on the cost of a new couch of the same quality without applying depreciation.

4. Your Renters Policy Will Likely Cost Less Than You Think

In 2014, the average annual premium in the U.S. was $190.1 The cost is low because renters don’t need to buy insurance to protect their homes, only the contents.  Compared to the potential cost of replacing your furniture, clothing, and electronics, purchasing a renters insurance policy is a no-brainer.