Classic Car Insurance Age

What is a modern classic?

Purchasing insurance for your classic car is not the same as purchasing insurance for the car you drive every day. When it comes to car collectibles, there are many factors including the age of the classic car, how it’s going to be used, and how it will be registered. There are many definitions of “classic car,” and they can differ greatly. If your car is 10 years or older and is not used for everyday use it may well qualify for one of our classic policies. A classic car does not have to have been built or registered in the 1950s or 1960s to qualify for lower, cheaper rates of classic insurance. Modern classic cars are as important and the classic cars of the 1970s, 1980s,  1990s, and 2000 onwards are now becoming regarded as the new classic car of the future. This means that cheaper rates of insurance are available, providing they are used as genuine classic cars, i.e. as a second car and not as the main car on the road. There are no hard and fast rules which define modern classics, so it is always worth calling us to ask.

For insurance and registration purposes, the age of a classic car, in most cases, is at least 20 years old but not more than 40 years old. If you are planning to register it as a classic, keep in mind that it should have its original design and specifications. meaning any restoration must remain consistent with the way the car was originally built, including the kinds of materials used in the interior and the kind of parts used in the engine. Classic car insurance age may actually be cheaper than a regular car insurance policy. Why? because of the restrictions placed on classics, when a car is registered with a classic car insurance age, it can’t be driven like a regular car, you may not be able to use it for daily transportation. It can be driven for example in parades, car shows, and club meetings.

Collectable marques such as MG, Mercedes-Benz, Triumph, BMW, Bentley, and Porsche may all qualify, together with other long-standing car manufacturers, such as Fiat, Volvo, Saab, Toyota. Newer Fords and Jaguars may well be considered as modern classics too. In general, if the car has a bona-fide car club behind it and the vehicle is deemed to be ‘collectable’ then it may well qualify for one of our competitive and cheap classic car insurance schemes.

Not sure if yours is a classic? Or the classic insurance age in regards to insurance from Peter Best? Please call us on 01376 574000 we can help you get cheap classic car insurance for your classics.