Understanding classic car insurance

Classic car insurance is specifically designed for your classic car. It will protect you against financial loss if your car is stolen and damaged.

11:21 12 June 2013

Classic car insurance is a special type of policy designed to protect you against financial losses if your classic car is stolen or damaged. If your car is off the road, you may opt to sign up for laid up cover.

However, if your car is driven, you may get comprehensive road cover. You’ll be eligible for this as long as your car is driven no more than 5,000-7,500 miles per year.

Most people do not see the need to get classic car insurance because they usually do not use their classic cars as often as they would use their everyday car.

Although, one cannot be certain that their precious classic car will be safe forever.

Sometimes unexpected events can lead to the car being damaged or even worse, stolen. When these horrible things happen, you would want to make sure that there is an insurance company there to help you out, right?

Don’t worry as classic car insurance is typically cheaper compared to standard car insurance. This is because classic cars are usually not used every single day thus, they are less likely to be involved in a road accident.