Classic Car Insurance Secrets - The Insider's Guide to Understanding Classic Car Insurance

If you have an antique or classic car then you know how lucky you are! Every time you look at it it makes you feel good, and makes you remember exactly what you achieved in order to be able to own it. There are only a couple of flies in the ointment. The first you have already overcome. That's finding, buying and probably restoring the car to its former glory (unfortunately many antique and classic cars are in 'antique and classic' shape when you find them!). The next biggest problem (other than finding the money to buy it in the first place), is classic car insurance. Because whilst you hope that all goes well, you have to be prepared for problems (even if you don't think they will happen).

Ok. So you have a problem. Namely that you need classic car insurance. You need it now. Where do you turn? Fortunately there is a step by step process to follow to get your classic car insured, safe and feeling comfortable. And thankfully, in these days of the internet, it need not put you in the poorhouse to achieve your goal of safely meandering the country lanes (or wherever you happen to find yourself), in your new pride and joy.

The first step is to do a search for classic car insurance online. You will find that most insurance companies will allow you to drive your classic car for around 5000 miles a year. And this is something worth bearing in mind when you approach insurance companies. You need to know how much you intend to drive the car, and realise that that will be a key factor (along with driving record, your age etc) in determining the amount of insurance premiums that you will have to pay. If you drive the car a lot, then expect your premiums to cost you much more.

The insurance companies tend to have a couple of different classifications as to what constitutes a 'classic car'. These tend to fall into the following three time periods.

1934 - 1970 - The car should typically be older than 15 years to be thought of in the 'classic car' mould. Though obviously, this is a matter of preference for the user ;) But as far as the classic car insurance company is concerned it is a good yardstick to bear in mind.

1903 - 1933 - These are referred to as 'Vintage or sometimes 'Antique' Classic Cars.

Prior to 1903 - These are called 'Veteran' Cars. They are typically very rare, and often one-offs, so expect the classic car insurance premiums on these to be somewhat steep.

The important thing to remember though is that there is less choice in the classic car insurance market. It is simply not offered by as many companies, there are more niche players, and so the classic car insurance quotes that you receive may well be less varied then you would get in the general auto insurance market

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Car Insurance Quotes Hit a New High - Time to Compare and Save

When most people think of Car Insurance Quote, what comes to mind is usually basic information that's not particularly interesting or beneficial. But there's a lot more to Car Insurance Quote than just the basics.

UK car insurance rose sharply over the last three months of 2008 according to new statistics from The AA, the insurance broker. The average increase seen across various motoring profiles and risks saw an increase of 1% per month.

An annual quote for comprehensive insurance (averaged across 1,000 different risks), rose by 2.9% during the back end of last year. The average quote exceeded £740. The same source shows that third party, fire and theft quotes rose by 3.4% to £931.31 during the same period. The rises have been put down to an increase in personal injury claims and the associated legal costs (22% increase) as well as the cost of insurance fraud (17%) increase.

Hopefully the information presented so far has been applicable. You might also want to consider the following:

With the cost of repairing a vehicle also rising (some say around 6%), there's never been a more important time to make sure you're not paying over the odds for your policy. Thankfully, customers have a number of ways to find their cheapest quotes. The most common being the use of online comparison websites. Their rise in popularity has mirrored the insurance industry's rise in premiums over the last few years.

The idea of the comparison website is to gather your quotes from the UK's top insurers in less time and with less hassle than you would other face by requesting a quote from each individually. And with car insurance quotes forecast to rise between 10% and 12% over the coming year, the next time your renewal notice drops onto your doormat, make sure you take a good look around. Laziness could cost you a significant chunk of money at a time when you could really do with protecting every hard earned pound in your pocket.

Now you can understand why there's a growing interest in Car Insurance Quote. When people start looking for more information about Car Insurance Quote, you'll be in a position to meet their needs.

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