What Is Classic Car Insurance?
Find out more about Classic Car insurance and what it covers.
What Is Classic Car Insurance And What Does It Cover?
A Classic Car insurance policy is there to protect your pride and joy, whether it’s your current project in pieces in your garage, your weekend car, or you use it to get you from A to B on a daily basis. There are three levels of cover; Third Party Only, Third Party, Fire & Theft and Comprehensive. With various options to choose from, like agreed valuation, limited mileage or rally and show cover, make sure you’ve got a policy that covers everything you need.
Classic Car Insurance Explained
Where your everyday car might merely be functional, your classic car will probably be your passion, and your pride and joy, so making sure you have it properly covered is going to be vital. As with most motor insurance products, there are 3 levels of cover to choose from; A Third party Only Policy will only cover damage that is caused by you to any third parties, both for property damage and personal injury. It is important to note that with this type of policy however, your own car will not have any protection, and any repairs would have to be made out of your own pocket. Third Party, Fire & Theft will also cover any third party, but with this policy you will also have protection for your own vehicle for any damages caused from fire or if it were to be stolen. Finally there is Comprehensive, which covers your own vehicle’s damage too.
On top of the three levels of cover there may also be some additional extras that you could add to your policy, including things like breakdown cover, track day cover, limited mileage discounts, agreed valuation cover and much more – for more details ask your insurance provider or broker. Plus if you are a member of a classic car owners club then there is a good chance that you could benefit from further discounts. In most cases the cost of joining a club is outweighed by the discount you could get on your insurance premium.
So what type of cover is available for classic car owners?
- Classic Car Insurance
- Project Car insurance
- Future Classic Insurance
- Limited Mileage Cover
- Modified Classic Cover
- Track Day Cover
- Exhibition Cover
- Show & Rally Cover
- Club Member Discounts
- Breakdown Cover
- Agreed Value Cover
- Multi Vehicle Cover