Classic Car Insurance

A classic car policy offers a wider range of coverage. This means you can pick exactly what you need, keeping costs low. For example, if you only use your classic car for leisure use, you won’t need the same coverage as someone who races their vintage car. 

This option lets you cover your car for an agreed upon value rather than its market value. This can be essential for vintage cars whose value can fluctuate. It gives you peace of mind if you’ve invested time and effort into maintaining your classic car. It also helps if your car holds sentimental or familial value, and you want to receive fair compensation in the case of an accident

The lower mileage and usage of a lot of classic cars can translate into cheaper premiums overall when compared to standard car policies. 

A classic car insurance quote comparison gives you access to a range of specialist insurers. They understand and appreciate the value of classic vehicles and your needs as an owner.

Classic or vintage car policies can incorporate different coverage options. Including cover for events, car shows, rallies, or restoration. Bundling all this into one policy is often cheaper than adding them onto a standard car policy or buying separate insurance.

Comprehensive insurance is a valuable option for insuring classic cars. It offers protection for the car itself, as well as third party damage.

This means you can repair or replace your car if it is involved in an accident or damaged.

This offers third party protection, which insures you against accidental damage or harm you cause to others or their property. It will also protect your car from damage or loss in a fire, or if it is stolen. This is a good option for cars that are in storage or out of use for a large portion of the year. 

Third party cover for classic cars will only insure you against third party claims made against you for accidental damage or loss caused to others.

This is the minimum legal requirement for driving on UK roads.  

• Modified car insurance for custom classics
• Multi-car insurance for collectors
• Temporary car insurance for classic vehicles
• Wedding car cover
• Track day insurance for classic cars
• Vintage show or rally insurance
• Laid up cover

The value your car is insured for – Generally, the more your car is insured for, the higher your premiums could be. With agreed value cover, you have more control over this. Otherwise, your car is usually insured against its market value. 

Your annual mileage – Lower annual mileage can mean lower premiums. Less time on the road means you are less likely to be involved in an accident, lowering the risk of insuring your car.

Your usage needs – If you only need social usage cover, you’ll typically pay less than someone who needs track day, or wedding car coverage. 

Your driving profile – A good driving history of no driving convictions or past claims can help lower premiums. Some insurers could consider your no claims history on standard car insurance. They might even allow you to transfer it to your classic car policy. 

The insurer you choose – Classic car insurers will assign different weights to each risk indicator. This is why it is so important to shop around and compare insurance quotes. If you don’t, you could miss out on finding more affordable or suitable coverage for your needs.

For more on insurance prices throughout the UK, read our insurance index on the average car insurance premium by region in the UK. 

Give an accurate mileage – Overestimating your annual mileage could mean you pay more than necessary. Taking the time to calculate your mileage as accurately as possible could save you money in the long run.

Considering upgrading security – Naturally, security features on classic cars are usually outdated. Some insurers reward investing in upgrades like alarms or immobilisers with cheaper premiums.  

Maintain a clean driving record – Good driving helps you avoid getting points or convictions, which are known to increase car insurance costs.

Park in a safe location – Quotezone research shows that lifestyle factors can have a significant impact on the cost of your insurance. This could also be the case when it comes to insuring your classic car.  

Only get the coverage you need – Consider all of your options when it comes to insuring your classic car. Short term insurance options could be a better choice depending on how you use your vehicle. Likewise, any add-ons like breakdown cover can be excluded if you are already covered by a separate breakdown policy. 

Compare vintage car insurance quotes – Comparing quotes can help in your search for cheap classic car insurance. It gives you a better understanding of the market so you can make informed decisions.