Classic Car Insurance
COMPARE CLASSIC CAR INSURANCE QUOTES
Get a Classic Car Insurance Quote
Enter your registration number and get a cheap car insurance quote in under 3 minutes!
What Is Classic Car Insurance?
With traditional car insurance, reimbursement means you will get the actual cash value of your car and this factors in depreciation. However, classic insurance gives you a mutually agreeable payment, compensating you with an appreciable amount of money commensurate with the value of the car.
Like a landed property, classic cars increase in value. If you take extra time to care for and maintain them, you really should compare classic car insurance and get value for your money. This article will provide you with the ultimate guide on classic cars and getting cheap classic car insurance quotes.
Compare Classic Car Insurance
When we talk about collector cars, it is often a very emotional and valuable piece in the owner’s garage. These cars often have a wealth of history in them. For this reason, it is often painful to lose this investment. It is worth mentioning that classic car insurance will save you from the stress and cost.
What does Collectible Car Insurance Cover?
Typically, this coverage spans 12 months and accounts for liability, collision, medical payments, etc. other options offered by classic car insurers are explained below.
When you compare classic car insurance and get the adequate cover required, you can get your car towed with a flatbed tow if a breakdown occurs in transit. This is to prevent your beloved car from getting wear and tear in the process of taking it to a repair shop.
Often, many owners compare cheap classic car insurance quotes and get a plan because of this offer. If your vehicle breaks down, you will be reimbursed for food, rental van, and even your personal items.
Spare Part Coverage
Backup parts such as water pump, and even spare tires, if available at the time of getting classic car insurance, are included in the cover. This means that coverage will be provided if they get stolen or damaged. However, when you compare classic car insurance and eventually get the cover, make sure you state the backup items available clearly.
What Makes You Eligible for Classic Car Insurance?
A collectible car is not a car to be used as a primary means of transportation. If your classic car serves this purpose, you might be denied insurance. Also, there are strict restrictions on the annual mileage, for most insurance brokers, it does not exceed 7,500 miles yearly.
If you are not 25 years old, you might also be refused classic car insurance. Similarly, you must have 5 to 10 years of driving experience to be considered eligible. You might also be required to ensure the safety of your classic car by parking it in a fully enclosed garage or any other approved structure.
Compare Classic Car Insurance Quotes Online
You might qualify for a discount on your classic car insurance without knowing. For example, if you have more than one policy with the carrier, you are entitled to a form of discount. It might also help if you have maintained a clean driving record with no history of accidents or claims in the past few years.
If you equip your classic vehicle with an anti-theft device such as security cameras, lock gadgets, etc., you also qualify for a discount.
In essence, you should compare cheap classic car insurance quotes online to have an idea of what to budget for your beautiful collection.
Helpful Links: Insurance Associations
ABI – Association of British Insurers – The Association of British Insurers is the leading trade association for insurers and providers of long term savings. … need to contact their insurer for a Green Card which they will need to carry on them if they wish to drive their vehicle in the EU.
BIBA – British Insurance Brokers’ Association – The British Insurance Brokers’ Association (BIBA) is the UK ‘s leading general insurance organisation.
Get a Classic Car Insurance quote
From The Blog
Keep Costs Down When Adding Young Drivers Are you getting ready to add a young drivers to your car insurance policy? Be careful to do this in the right way, or you could see your premium climb an extra £5,000 per year. Car Insurance is Expensive for Young...
Do You Know the Details on Your Car Insurance? If you answered that question in the negative, then you’re not alone. In fact, millions of drivers in the UK have no idea about what their car insurance exactly covers! Startling Survey Results A recent survey,...
Electric Vans for Couriers – a Great Idea Electric vehicles are increasing in popularity across the planet. The reason? Because vehicles that run combustion engines are ruining the planet – they are one of the causes of global warmer. In addition, they contribute to...
NHS Warns NHS Staff and Key Workers at Risk of Car Insurance Scam Yet another set of fraudsters are taking advantage of the lockdown and the coronavirus. They seem to be selling false car insurance coverage via social media accounts. IFB chiefs have warned that key...