Do you know the difference between an expensive car and a luxury vehicle? With the price of vehicles steadily increasing in Auburn, WA, many people wonder if they need more auto insurance to protect their high-end vehicle. Understanding what a luxury vehicle is, along with advice from Alpine Ridge Insurance, can help you decide how to protect it.
What is a Luxury Vehicle?
Defining a luxury car used to be straightforward when only a few manufacturers made them. However, mainstream automobile manufacturers have ventured into this territory, offering higher-end models alongside entry-level vehicles. Many top-of-the-line models rival those from traditional luxury manufacturers. So, what constitutes a luxury vehicle?
Whether you buy a car from a recognized luxury manufacturer or an upscale mainstream model, true luxury vehicles share several common traits, with a focus on comfort and the driving experience. You’ll find a powerful engine, lavish interior amenities, and the latest tech features. Manufacturers use high-quality parts and interior materials. The driving experience is also a primary factor. Overall, what distinguishes luxury is a vehicle with high-end features across the board and not just one or two carefully chosen amenities.
Why Opting for Higher Coverage is a Wise Choice
Some carriers offer luxury car insurance policies for high-end vehicles, providing specialized coverage options tailored to specific needs. Because luxury cars have a higher starting price, they are also more expensive to repair. Consider a policy that covers special repairs and rare parts. You may also be able to negotiate an agreed-upon value for your high-end vehicle. You may also want to consider higher limits for collision, comprehensive, and liability coverage in case of an accident.
Learn how Alpine Ridge Insurance, serving residents of Auburn, WA, can help you protect your luxury car investment. Call our office today to get started.
