collector cars News

Classic Car Wins Car Show Award, Ends Up in Lagoon

The first time someone called to say his one-of-a-kind, award-winning classic car was at the bottom of a South Carolina lagoon, Ralph Marano Sr. thought it was a joke. Then he got another call, and everything after that seemed like …

Understanding Different Types of Collector Cars and Coverage

In summer, collector cars dot the roadways. Owners proudly display them during recreational drives and organized shows. And while they may be grouped together as collector or classic cars, there are several types. Esurance, an Allstate company, explains the differences …

Why Classic Cars Are Almost Never a Good Investment

A Ferrari 365 from 1972 is expected to fetch somewhere around $450,000 during the annual Pebble Beach Concours d’Elegance in Monterey, Calif. this weekend. When it was last bought in 2008, the car was worth $160,000. For the investment, the …

Social Media Boosts Collector Car Values

David Beckham may have more of an influence on you than you think. According to analysis by Black Book, the prevalence of modern and classic luxury cars on social media platforms like Instagram directly influences their resale value. So when …

Sandy Collector Auto Claims: A CEO’s Takeaways From The Nation’s 3rd-Worst Insurance Disaster

Superstorm Sandy made landfall October 29, 2012, crossing the coast of New Jersey and creating damage in a widespread path up and down the East Coast.Sandy, a post-tropical cyclone, caused more damage (an estimated $18.8 billion) in the United States …