Restrictions with Classic Car Insurance

When it comes to finding cheap classic car insurance policy, many classic car owner wish to find ways by which they can reduce the amount of insurance rate. There are some limitations when it is about getting low premium offering best coverage.

Classic car owner is not supposed to use the car on a regular basis. This will increase the chances of accidents while driving on road. Under any classic car insurance policy, the usage of car must be limited in driving. This limit includes that car should be driven not more than 2,500 miles per year. 2,500 is a quite standard figure among insurance companies offering classic car coverage. There are some insurance providers that have the mileage plans allowing up to 5,000 or 6,000 miles per annum. This improved mileage limit prove beneficial for the drivers who like to take part in car shows. Certainly the premium rates are high for these drivers.

Classic car must be kept back in a locked garage. A protected enclosed trailer assists in keeping the car safe, but in this case carport will not work efficiently to meet the grade even if you live in a secured or gated society with a safety guard.

Some insurance policies might specify that a classic car cannot be left alone in a parking area. This will increase the chances of theft, especially when it is winter.

Whichever type of classic car you choose; be cautious to recognise the terms and conditions, so there are no shocks when you need to compensate the damages. An insurance policy which seems good and inexpensive in terms of premium rate may not offer all the coverage that you need. So, ensure the hidden loopholes just before taking any insurance policy for your classic love.

About Anne Jacobs

I am a full time insurance underwriter with a love for writing. I work in the UK at a classic car insurance company. My other hobbies are going to the gym and aerobics (when I am not looking after my 3 year old daughter Jessie.
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