Classic Car Insurance Look into What Constitutes a Classic Car

(PRWEB UK) 17 June 2012

As a nation we have a strong enthusiasm for classic cars. Those that drive them take great care to protect, maintain and restore them, so understandably want to find the best insurance deal for their motor. However there has always been a level of uncertainty about what actually constitutes a classic car, especially in the insurance industry which may differ slightly in its specifications. Following this confusion, one member of the team at Classic Car Insurance has offered some advice on the topic.

“With so many insurance providers on the market it can be difficult to establish whether you qualify for classic car insurance, but we’ve listed three main essentials that these firms look for to make you eligible for the service. ”

1.    To qualify for classic car insurance, most insurers will expect your vehicle to have been manufactured at least 20 years ago as a standard production model, although this number will vary, and 25 years is another common figure. Those whose motors were certified before 1960 will also be pleased to know that from later this year their car will be exempt from the annual MoT.

2.    To fit under the category of classic car insurance, most insurance agencies will enquire into how often you use your vehicle, and usually only provide cover to those who use their vintage motor as a second car. Those who use their car every day, for purposes such as the daily commute are much more likely to make claims, and as classic cars are notoriously expensive to repair, reducing these claims is a priority for firms.

3.    There is also usually a limit on the mileage allowed for classic car insurance, with a common figure sitting at around 7,500 miles a year. If you exceed this, or sit at the top end of this figure, it’s worth searching around as policies vary from company to company. The team at Classic Car Insurance provide a price comparison site which can display all the different information needed through entering just a few simple details.

Classic Car Insurance was established with an aim to allow customers to browse classic and vintage car insurance prices quickly and efficiently. The trusted and approved agency offers instant quotes, directly to the customer, from hundreds of companies across the country.

Read the full story at http://www.prweb.com/releases/2012/6/prweb9609033.htm