Safeco's Insurance Policy For Rebuilt Cars

Safeco Insurance offers a range of auto insurance coverage options, including for classic and antique cars. While it is not explicitly stated whether Safeco insures rebuilt vehicles, their classic car insurance covers modified collector cars, reproductions, and replicas. Additionally, they offer coverage for vehicles that have been in accidents, with options like accident forgiveness and claims-free cash back. Safeco also provides coverage for new vehicles, rental cars, and roadside assistance, indicating that they cater to a diverse range of vehicles and situations.

Safeco's classic car insurance

Safeco offers a range of insurance options for classic cars, including modern coverage for vintage vehicles. Their classic car insurance covers unique and valuable vehicles such as classic, modified collector, reproduction, replica, restoration, modern classic, and antique automobiles.

Classic Car Coverage Options:

• Agreed Value Coverage: Receive the agreed-upon amount when you took out your policy if the car is declared a total loss.
• Limited Use Coverage: If you drive 5,000 miles or less per year, you are eligible for a lower insurance rate.
• 24-Hour Roadside Assistance: Optional coverage for breakdowns, including jump starts and towing services.
• Emergency Assistance: Includes benefits of Roadside Assistance, plus coverage for expenses like taxi fare, lodging, and protection for personal belongings, tools, and spare parts in your car.
• Diminishing Deductible: If you remain claim-free, your collision deductible will be reduced by $100 annually, up to a maximum of $500 or for five years.
• Personal Property Coverage: Pays the actual cash value of covered personal property that needs replacement due to a covered loss.

Classic Car Discounts:

Safeco offers various discounts for their classic car insurance:

• Accident Prevention Course: Collectors who complete an approved accident prevention course receive a discount for three years.
• Less than 5,000 Miles per Year: Driving less than 5,000 miles annually qualifies for limited-use rates.
• Multi-Policy Discount: Insuring your classic car and a regular vehicle with Safeco, or insuring multiple policies (e.g., motorcycle, home, boat, or RV) can result in a discount.
• Roadside Assistance Enrollment: Enrolling in Roadside Assistance when purchasing classic car insurance can provide savings.

Classic Car Definition:

Safeco defines a classic car as being at least 10 years old, including modified antiques and limited-production cars. Modern classic cars are defined as limited-production vehicles less than 10 years old, while antique cars must be at least 25 years old, with no modifications or restored to their original condition.

Mileage Options:

Safeco offers two mileage options for classic car insurance:

• Regular Use Coverage: Allows up to 10,000 miles of driving per year.
• Restricted Use Coverage: Allows up to 5,000 miles of driving per year, resulting in a lower insurance rate.

Grand Value:

Safeco works with customers to agree on the value of their classic car, based on its market value and condition. In the event of a total loss, the agreed-upon amount is paid, minus the deductible. It is recommended to review the policy annually to ensure the agreed value remains accurate.

Independent of Other Policies:

Safeco allows customers to insure their classic car independently of their other vehicles or home insurance policies. However, insuring multiple policies with Safeco can lead to potential discounts.

Exclusions:

It is important to note that Safeco's classic car insurance does not cover kit cars, restoration cars rebuilt to less than 50%, cars designed for racing, or cars with jet or nitrous oxide engines.

For specific details on coverage, it is recommended to connect with a licensed independent agent to discuss the right coverage for your classic car.

Safeco's coverage for rebuilt vehicles

Safeco offers a range of auto insurance coverage options, including for classic cars, but it is unclear whether they specifically insure rebuilt vehicles.

Classic Car Insurance

Safeco offers insurance for classic cars, including modified collector cars, reproductions, replicas, restorations, modern classic cars, and antique autos. However, they do not insure kit cars, restoration cars rebuilt to less than 50%, cars designed for racing, or cars with jet or nitrous oxide engines.

Standard Auto Insurance

Safeco's standard auto insurance covers accident-related medical expenses for anyone injured while in your car, regardless of who is at fault. It also includes uninsured and underinsured motorist coverage, which protects you and your passengers if you are injured in an accident caused by someone with minimal or no insurance.

Safeco also offers a range of optional coverages, such as rental car reimbursement, 24-hour roadside assistance, and diminishing deductibles for safe drivers.

New Vehicle Replacement

If you are the original owner of a car less than one year old with fewer than 15,000 miles that has been totaled or stolen, Safeco will pay you the value of a comparable new car.

While Safeco does not explicitly mention insuring rebuilt vehicles, their coverage options for classic cars, standard vehicles, and new car replacements suggest that they may have policies that could apply to rebuilt cars. It is best to contact a Safeco agent to discuss your specific needs and determine if they can provide coverage for a rebuilt vehicle.

Safeco's insurance for new vehicles

Safeco Insurance offers a range of coverage options for new vehicles, providing financial protection and peace of mind for car owners. Here's an overview of Safeco's insurance for new vehicles:

Standard Coverage:

Safeco provides standard coverage that protects you in various situations. They will help pay for covered damages and expenses, including court costs if you are sued due to an accident. This includes accident-related medical expenses for anyone injured while in your car, regardless of fault. Additionally, they offer uninsured and underinsured motorist coverage, protecting you and your passengers if you are injured by a driver with insufficient insurance.

New Vehicle Replacement:

One of Safeco's standout features is their New Vehicle Replacement option. If your new car is totaled or stolen within the first year of ownership and has less than 15,000 miles, they will pay you the value of a comparable new car. This ensures that you won't be left financially burdened if something unexpected happens to your new vehicle.

Rental Car Reimbursement:

Safeco understands that being without a car can be inconvenient, so they offer rental car reimbursement. This coverage helps pay for the cost of renting a car while your vehicle is in the shop for repairs after a covered loss. This way, you can stay mobile and continue your daily activities without incurring additional expenses.

24-Hour Roadside Assistance:

Breakdowns can happen even with a new car, and Safeco has you covered with their 24-Hour Roadside Assistance. This service includes towing to the nearest qualified repair shop and other basic emergency services. Whether you need a flat tire change, fuel delivery, or locksmith services, Safeco's roadside assistance will be there to help.

Claims-Free Cash Back:

Safeco rewards customers for safe driving and being claims-free over a six-month review period. If you meet this criterion, they will automatically mail you a check for 2.5% of your policy premium, up to 5% each year. This feature encourages and recognizes safe driving behaviours.

Diminishing Deductible:

Safeco's diminishing deductible feature incentivizes safe driving. For every six-month auto policy with a clean driving record, your deductible will be reduced by $50, or $100 for an annual policy. This reduction continues for up to five years or until a maximum of $500 is reached.

RightTrack®:

With RightTrack, Safeco monitors driving behaviours such as braking, acceleration, nighttime driving, and mileage. The program rewards safe driving choices with discounts of up to $513 per year, which remain in effect for the life of your policy. Even signing up and participating guarantees you a discount.

Bundling Options:

Safeco allows you to bundle your auto insurance with other policies, such as home insurance. By doing so, you can take advantage of discounts and save money while enjoying the convenience of having all your insurance needs met by a single provider.

In conclusion, Safeco Insurance offers comprehensive coverage options for new vehicles, providing financial protection, incentives for safe driving, and peace of mind. Their range of features ensures that new car owners can feel secure and rewarded for their responsible driving habits.

Safeco's insurance for antique vehicles

Safeco offers insurance for antique vehicles, including antique, reproduction, replica, restoration, modified, and modern classic cars. Antique cars must be at least 25 years old and have no modifications or have been restored to their original condition.

The company provides various coverage options for antique vehicles, including:

• Agreed Value Coverage: Receive the amount agreed upon when taking out the policy if the car is declared a loss.
• Limited Use Coverage: If the annual mileage is 5,000 or fewer, you could pay less for insurance.
• 24-Hour Roadside Assistance: Optional coverage for breakdowns, including jump starts and towing.
• Emergency Assistance: Includes all the benefits of Roadside Assistance, plus coverage for expenses like taxi fare, lodging, and protection for personal belongings, including tools and spare parts left or stored in the car.
• Diminishing Deductible: If no claims are filed against the policy, the collision deductible will be reduced by $100 with each annual policy renewal, up to a maximum of $500 or for five years.
• Personal Property Coverage: Pays the actual cash value of covered personal property that needs to be replaced due to a covered loss.

Safeco also offers various discounts for antique vehicle insurance, such as taking an accident prevention course and keeping the annual mileage below 5,000 miles. Additionally, insuring both a classic and a modern car with Safeco can qualify for a multi-car discount.

Safeco's insurance for modern vehicles

Safeco offers insurance for modern vehicles, providing a broad array of auto insurance coverage options and features that can be tailored to fit your needs and budget.

Standard Coverage

If someone is hurt or their property is damaged in an accident, Safeco will help pay for covered damages and expenses, including court costs if you are sued. Safeco will also cover accident-related medical expenses up to the policy limits for anyone injured while in your car, regardless of who is at fault. This includes uninsured and underinsured motorists.

Optional Coverage

Safeco offers several optional coverage types, including:

• Rental Car Reimbursement: Helps pay for the cost of renting a car while yours is in the shop being repaired after a covered loss.
• 24-Hour Roadside Assistance: Covers towing to the nearest qualified repair shop and other basic emergency services, such as changing a flat tire, delivering gas or other essential fluids, and sending a locksmith if you're locked out of your car.
• New Vehicle Replacement: If your car is less than one year old, has fewer than 15,000 miles, and you are the original owner, Safeco will pay you the value of a comparable new car if it is totaled or stolen.
• Claims Free Cash Back: If you have no claims over a six-month review period, Safeco will mail you a check for 2.5% of your policy premium (up to 5% each year).
• Diminishing Deductible: When you maintain a clean driving record, your deductible will be reduced by $50 for a six-month auto policy or $100 for an annual auto policy at every renewal, up to a maximum of 5 years or $500.
• Accident Forgiveness: The first accident on your policy is waived after a set number of years with Safeco without an at-fault collision or violation.

Other Benefits

Safeco also offers rewards for safe driving with RightTrack. This program recognizes safe choices on the road, including braking, acceleration, nighttime driving, and mileage. It can save you up to $513 per year, and you'll keep the discount for the life of your policy.

Additionally, Safeco specializes in providing coverage for classic cars, modern classic cars, antique autos, and vintage vehicles. This includes agreed value coverage, limited-use coverage, emergency assistance, diminishing deductible, and personal property coverage.

Frequently asked questions