Some insurance companies can be selective about the cars they are willing to insure, preferring not to cover cars over a particular age. This is why it pays to speak to a Classic Car Insurance Specialist.
Specialist insurers can offer lower premiums than the more mainstream car insurance companies because they understand exactly what the Classic Car owner needs. Specialist Insurance companies will often employ experts and enthusiasts too, which will give you the confidence that they are the right people to look after your classic car. They will also understand that your classic car is well loved and cared for, driven infrequently, or kept in a garage.
Competitive Classic Car insurance should ideally include an agreed valuation, which will guarantee the amount that is paid out if the car is stolen or damaged beyond repair.
Also, make sure you understand what your insurer`s repair policy is, in particular when it comes to the replacement of parts. Many classic car owners will insist that any replacement parts are authentic and so you should check that your insurer can agree to this.
Tips for Cheaper Classic Car Insurance (UK)
-
Being or becoming a member of a classic car club Joining a club will show that you are enthusiastic about your vehicle and will often result in you getting a 15% discount on your classic car insurance policy
-
Keep it garaged If it's possible, garage your classic car to keep it secure
-
Increase your excess Opt for a voluntary excess or increase the excess above the required minimum
-
Limit your mileage Limit the amount you drive your classic car in order to qualify for additional discounts
-
Add security devices Fitting an immobiliser, alarm, tracker and other security devices to your classic car will benefit from even further discounts
-
Insure your classic car through Sureterm Direct! Sureterm Direct are specialists when it comes to classic cars.
