Classic Car Insurance vs. Standard Car Insurance: What’s the Difference?

If you have a classic car, you probably take good care of it. Maybe you restored it, or perhaps you bought it from someone who had already done that work. Either way, you want to make sure the vehicle is protected. A big part of that is having classic car insurance. At Aussie Agencies, we want to help anyone in the Knoxville, IA area who has a classic car get the right policy to protect their vehicle and add to their peace of mind. The right insurance coverage can add to peace of mind.

One of the most important things to know about insurance for a classic car, is that it isn’t the same as insurance for a more standard vehicle. Instead, it’s specific to classic vehicles. This is because a classic car isn’t like a newer model. Classic vehicles have parts that can’t be purchased anymore, and working on them often takes a specialized skill set. Some people are fine with aftermarket parts, and others want something that is all original. Sometimes, that’s not even possible.

But no matter what kind of classic vehicle you have, making sure you have the right classic car insurance policy can protect you and your assets if something should happen to the car. If you’re in the Knoxville, IA area and have a classic car, our knowledgeable agents can help you find the policy that will meet your needs.

Reach out to us today at Aussie Agencies, and let’s talk about your classic vehicle. Whether you already have coverage and are looking to make changes, or you just got the car and need to get a quote, we’re here to help you find the best insurance policy for your specific situation.

Why all renters should have renters insurance

While homeowners are mandated by the mortgage holder of their home to have insurance, many landlords don’t require renters insurance. This leads some to believe that they are insured, which isn’t the case. About 60% of renters are uninsured. At Aussie Agencies in Knoxville, IA,  we try to make sure that our customers have all the information they need to make informed decisions about their insurance and what they should have.

Renters’ insurance offers some significant types of coverage. It protects your assets with personal liability insurance, covers your possessions with content coverage, and helps keep a roof over your head with loss of use coverage. 

Personal liability insurance

Getting sued is a reality of life in the world these days. If someone is injured while visiting your home or by a family member away from home, you are vulnerable to legal action. If you don’t have renters insurance, you will need to pay for any judgment and the legal expenses with your savings. If you don’t have enough savings, your future earnings may be attached. 


This coverage will replace the things you use every day in your life, like your clothing, furniture, electronics, and appliances. You own many more things than you realize, and it isn’t until you have lost them that you realize how much you count on them. 

Loss of use

If there was a covered hazard in your rental, even if it isn’t in your unit, it’s possible there would be too much damage for you to live there. You will need help to find a new temporary place to stay while your place is repaired. It can also help pay for some meals if you don’t have a place to cook.

Contact Aussie Agencies in Knoxville, IA for all your insurance needs. We can help you with renters insurance. 

RV Insurance Myths Exposed

Aussie Agencies is an independent agency. We work with multiple carriers throughout Knoxville, IA, and other parts of the Midwest. This allows us to offer our clients flexible policies that align with their individual needs. We will consult with you and help you assess your personal situation. We are confident that we will help you obtain the coverage you need to protect your future.

RV Insurance Myths Exposed

Many residents enjoy spending time in their RV and exploring new adventures. If you are planning your next vacation in your RV, insurance provides a safety net. RV insurance covers your vehicle in multiple ways. Liability coverage is important. Liability coverage protects your vehicle if you accidentally damage someone’s property. Operating an RV comes with inherent risks. Accidents can occur at any moment. If you make a mistake, liability coverage will protect you. Liability coverage also protects you if someone gets injured on your RV. Comprehensive coverage protects your RV if you’re planning on going camping. You’re protected if your RV is stolen or damaged due to a natural disaster or fire. While looking over your policy, be aware of these common RV insurance myths.

Coverage Isn’t Necessary.

Many RV owners believe that coverage isn’t necessary. They mistakenly believe their RV is covered through their home or auto insurance policy. You only have minimal coverage through your home and auto insurance policies. For example, your home insurance only covers your RV if something happens while parked outside your home. If you plan on traveling out of Knoxville, IA, you need a separate policy.

My Accessories Are Automatically Covered

This is incorrect. While your personal items on the RV are covered, any accessories that you add to your RV are not automatically covered unless you amend your insurance policy.

Aussie Agencies Will Help You Cover Your Assets

Contact our office to learn more information on RV insurance.

4 Benefits of Motorcycle Insurance

There are many benefits of owning a motorcycle in Knoxville, IA. From enjoying cheaper gas to ease of commute, there are plenty of reasons to invest in a two-wheeler. Plus, if you enjoy the adrenaline rush on the road, there is no better way to satisfy your hunger on the road than using a bike. While your two-wheeler is of great service to you, have you thought about motorcycle insurance from Aussie Agencies? Investing in motorcycle insurance has numerous benefits. Let’s look at some.

Medical protection

Unlike a vehicle, a minor accident when using a bike can result in significant injuries. Although you may have health insurance, you need MedPay or PIP to cover out-of-pocket expenses not covered by health insurance. We are talking about deductibles, co-pays, and other costs excluded from your health insurance plan.

Also, MedPay or PIP has benefits not covered by health insurance. For instance, your medical coverage can cover partial loss of wages and final expenses.


Motorcycle insurance isn’t a one-size-fits-all coverage. It can be customized to fit your unique needs. Motorcycle insurance has numerous coverage options — you only choose those that fit your lifestyle, budget, and other unique needs.

Liability protection

If there is anything that can mess up your finances, it’s liability claims. One moment of madness on the road can cost your assets and future income. Luckily, if you have motorcycle insurance, it pays for bodily injury and property damage when accused by third parties. It also covers you when sued.

Protects your asset

As mentioned, your bike means a lot to you, and protecting it with insurance is an excellent idea. Motorcycle insurance pays for bike damages and even replaces your two-wheeler if totaled or stolen.

As you can see, there are many benefits of investing in motorcycle insurance in Knoxville, IA. Ready to take the plunge? If yes, please contact Aussie Agencies for an affordable quote.

Is Boat Insurance Legally Required in Iowa?

Owning a boat in Iowa is a great way to enjoy all the state has to offer – wonderful scenic views, good times with friends and family, and many memorable trips around the state. 

If you are able to purchase a boat, what a wonderful accomplishment! The next step is a no-brainer… you need to find a reliable insurance company to sell you a policy that will protect your financial investment, along with any passengers onboard your vessel any time you take it out. 

Aussie Agencies, serving the Knoxville, IA area, are happy to help with your insurance needs. Keep reading for more information on boat insurance. 

More than anything, boat insurance provides peace of mind that anytime you take your boat out on the water, you’re financially covered in the event of an accident. If you store your boat during the off-season, boat insurance can protect it in the event it gets damaged from weather, vandalized, or needs repairs. 

It’s a small price to pay to ensure that your investment is well cared for and will be able to be enjoyed for many years to come. There’s truly nothing better than sailing out into the sunset with your loved ones, and having an adequate boat insurance policy ensures you’ll be doing that for many years to come. 

Boat owners in the Knoxville, IA area should contact Aussie Agencies about their insurance needs. We work alongside you to understand your lifestyle and needs, and we can find a policy that best suits you. Then you can get back to enjoying your time on the water with the people you love most. 

Motorcycle Insurance Options for First-Time Buyers

Aussie Agencies works with many Knoxville, IA, vehicle owners, including people just buying their first motorcycle. If you’re not sure what kind of policy to get, we can help you understand this unique face to get the most out of your experience possible. Here’s what you need to know about your policy. 

Covering Yourself Properly 

When you’re buying a motorcycle insurance policy for your first bike, it is probably best to go a little overboard with your coverage. By that, we mean it is a good idea to make sure you have more than enough, if not a little too much, coverage in case you run into accident problems. 

As a result, you’ll need a minimum of liability coverage that covers the cost of your bike and its repair or replacement. You can talk with your agent to make sure you find this option. However, there are many other options that should work well for you to keep you safe. 

Policy Options to Consider 

  • Bodily Injury Liability – Protect you if you injure anybody and have to pay medical or repair bills.
  • Medical Expenses – Pay for your medical coverage or those of your passengers. 
  • Collision Repair – If your bike is damaged, you can for this policy type to get repairs.
  • Comprehensive Packages – Get compensated if your bike is stolen or damaged by vandals. 
  • Equipment Coverage – Receive compensation for things like damaged jackets, boots, or trailers. 
  • Uninsured/Underinsured Help – Receive money if someone with no or bad insurance affects you. 

Protect Your Bike and Yourself 

If you’re buying your first bike and need an insurance policy you can trust, we at Aussie Agencies can help you. We have years of experience serving the Knoxville, IA, area and feel confident providing skilled and expert opinions that will make your insurance experience smoother.

Who Needs Boat Insurance in Iowa?

Boat ownership in Knoxville, IA is a great way to enjoy time with friends and family during the spring and summer. Iowa residents who own a boat should invest in boat insurance for many reasons, mainly because insurance provides a blanket of security and can save you huge sums of money in the event of an accident or damage to your boat. The team at Aussie Agencies highly recommends boat insurance for any recreational boat owner in the state. 

Although boat insurance isn’t legally required in Iowa, the benefits far outweigh the cost associated with purchasing boat insurance. For example, boat insurance can cover anything from bodily injury in an accident, property damage from an accident, collision insurance, and full coverage (from a natural disaster or unpredictable weather patterns). 

Additionally, if you took out a loan to purchase the boat, your lender may require boat insurance in order to protect the investment they made. 

Boat Insurance Provides a Peace of Mind

While you may never actually need boat insurance, the peace of mind it offers owners it worth the investment. Whether you are in an accident, cause an accident, or are negatively impacted by an accident, boat insurance protects you financially in the majority of these situations. 

The team at Aussie Agencies in Knoxville, IA knows it can be daunting to select the right boat insurance for your vessel. Let the professionals take a hand in providing the boat insurance you need to protect yourself, your family, passengers, and the other people on the water. Accidents happen, natural disasters happen, and the best thing you can do is be prepared for anything. 

3 Reasons to Give Life Insurance a Second Look

Modern life is hectic. Joggling between family, job, and personal responsibilities can be overwhelming, leading you to forget life insurance. However, despite how busy you are in life, never put your life insurance needs on the wayside. Whether you want to get a new life insurance policy or planning to add to the existing, Aussie Agencies of Knoxville, IA shares reasons you should give your policy a closer look.

Life insurance offers financial protection

If you have dependents, you don’t have to keep worrying about how they will survive without your income. Life insurance can become the bedrock of your loved ones. And life insurance isn’t about dependents only — it offers loads of other financial protection.

For instance, if you have debts, life insurance can clear them when you die. Besides, life insurance can finance your funeral expenses, relieving your loved ones of the financial burden of meeting your final wishes.

There is more to life insurance than you imagine

Most people think that life insurance offers financial protection only when they die. This notion is far from the truth. Life insurance offers “living benefits” like supplementing your retirement income and paying for long-term care expenses. When you invest in a whole life policy, it accumulates a cash value, which you can use for emergencies when alive and kicking. 

Life insurance may not be as expensive as you think

When most people are asked why they don’t have life insurance, they cite cost and competing for financial priorities. But is life insurance that expensive? In reality, life insurance is more affordable than you think, especially if you are young and healthy. Besides, numerous life insurance plans provide options to meet different budget needs.

Buy life insurance in Knoxville, IA

Would you like to protect your future with life insurance? Don’t hesitate to get in touch with Aussie Agencies for an affordable life insurance plan.

Required Commercial Insurance in Iowa

In Iowa, there are certain commercial insurance policies that are mandated by law for many businesses. If your business needs one or more commercial policies, give us a call now at Aussie Agencies in Knoxville, IA.

Workers’ Compensation

For Iowa businesses, it is required that workers’ compensation insurance must be kept by any business that has at least one employee. This is mandated even if there is only one, part-time employee. When you have workers’ compensation insurance in place, it will pay for the medical bills and lost wages for an employee who gets sick or becomes injured while at work. This protects your business by supplying funds for those bills so that your business won’t have to come up with the money. 

Commercial Auto Insurance

With Iowa state law, every vehicle in the state that is owned by a business must have commercial auto insurance for it. This insurance must have a specific minimum liability amount for each person who suffers bodily in an accident and another amount for everyone who became injured in an accident. It also requires an amount of liability coverage for property damage. If you use a vehicle for work tasks, but it isn’t actually owned by the business, a personal auto policy may not payout after an accident. It’s recommended in these cases that you get a policy type called hired and non-owned. 

Other Insurance Policies

While those are the required policies, there are many other types of commercial insurance that are helpful for businesses of every size. Getting a business owners’ policy can help by giving you several types of coverage. Cyber insurance can be helpful for businesses that rely on their computer networks. 

Cover Your Business

If your business meets the requirements for commercial insurance in Iowa, it’s important to get those policies in place. Call us at Aussie Agencies in Knoxville, IA.

Protect Your Classic Car with Aussie Agency

Americans have had a love affair with the automobile since before they built the interstate highway system in the 1950s, and Iowan drivers are no different.  Needless to say, protecting your classic car in the Hawkeye State means knowing your responsibilities, vis-a-vie the law, and sitting down with a qualified insurance agent from our friendly team here at Aussie Agencies.

Insuring Your Classic Vehicle with Aussie Agencies

Under Iowa law, the state offers antique car registration for vehicles over 25 years old who are eligible for this registration status.  Several factors should be considered when purchasing classic car insurance.  Typically speaking, classic car insurance differs from standard insurance in the following ways:

  • Low rates—are charged for classic car coverage because unlike your daily driver, classic cars are only driven part-time resulting in lower premiums,
  • Limited miles—are allowed to showcase your classic vehicle, and most policies allow for coverage when driving for educational, display, or exhibition purposes.
  • Agreed value—differs from “actual cash value” in that any payout for a total loss would be based on a pre-agreed amount representing the total value of the vehicle.

Clearly, insuring your classic car allows for a number of options, and speaking with an Aussie Agencies representative to get the information you need is your first step to success.

Contact Our Team at Aussie Agencies

If you have questions regarding insurance requirements for your Iowa registered classic vehicle, our team here at Aussie Agency is serving the greater Knoxville, IA area, and we are ready to answer any questions you might have regarding what it takes to legally go get the road.  When it is time to make sure that your classic car has the insurance you need, we invite you to reach out to our team here at Aussie Agencies to discuss your classic car coverage in Iowa.