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Classic car insurance guide.

A guide on how to lower car insurance for classic car owners, by moneysupermarket.com the price comparison website.

Lots of people are now choosing to purchase classic collector cars - finding and restoring your car to working order is a wonderful way of fulfilling a hobby. Finding cheap but reliable car insurance for your new pride and joy can seem like less of a fun task.

The good news is that classic car insurance is often cheaper than modern car insurance due to classic cars being driven less and looked after more in general. Although insurance is generally cheaper there are still some small changes that you can make in order to further reduce the cost of your premium.

The following tips may help you save money on your next car insurance premium:

  • Always park your car on your driveway or in your garage, as well as reducing the risk of damage and theft to your car this will also drive your premium down considerably.
  • Opt to have a capped mileage policy. If you only intend to drive your car occasionally or only make short journeys a capped mileage policy could save you money.
  • Always choose to have ‘named driver’ insurance
  • Agree to a valuation amount on your vehicle with your insurer before you take the policy out. Also check that this is able to be increased yearly as classic cars become more valuable with age.

It is always worth comparing Car Insurance online. Prices can vary greatly and when looking for classic car insurance and it is especially important to have a good policy as vintage cars can need more attention and looking after to remain pristine. For more tips on how to get a fair deal on car insurance visit moneysupermarket and read our guide before using our price comparison tool to find the best deal available in minutes. Moneysupermarket compares 'more than 100 motor insurers to help you find an affordable car insurance policy that offers the level of cover you need.

 

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