Classic Car Insurance

The type of car insurance you will be offered to cover your classic car is very much dependant upon the type of specialist car you own and where you choose to insure your vehicle. To really benefit from the various cover options that exist in the United Kingdom, you really need to visit a specialist car insurance broker or company.

For the majority of insurance needs for the likes of Sports cars, Prestige motors, Luxury cars, Modified cars and Classic car owners, there are three main levels of cover.

Comprehensive 

Comprehensive gives you the widest cover, but it's also the most expensive. However, if you own a specialist car it is likely that quality of cover will be your main consideration, as opposed to price. To decide which level to go for, weigh up the cost of insuring your specialist car against the costs of having to repair or replace it. For certain types of car, replacement may not be an option, for example, a rare vintage Bugatti. If your car is modified in any way including wheels, it is essential that you consult a specialist car insurer, as most general insurance companies will decline to cover non standard motors.  

Third party only

Third party is the most basic and cheapest level of road cover, however it is inadvisable for specialist cars as it will not cover the replacement value of your vehicle. It fulfils your legal requirements under the Road Traffic Act by covering any injuries to third parties including those to your passengers and damage that you or your passenger cause to another person or their property in a car accident. You cannot claim for any damage or injury to you or your car, but you could claim against the other driver's policy if the accident was their fault. It is rare to find Third party only insurance available as an on-line option on the Internet.  

Third party, fire and theft

This is like third party cover but it also pays to repair or replace your car if it's stolen or damaged by fire. It might be suitable if your car won't cost much to replace should you write it off and be liable for the repairs, but this is highly unlikely for specialist motor cars with a high replacement value.  

More about Classic Car InsuranceComprehensive

If you choose comprehensive insurance you get exactly the same cover as third party, fire and theft, plus the insurance company will usually accept a claim if you cause damage to your own car. Policies may also provide a range of additional benefits such as cover for windscreens, personal effects, car stereo and in car musical equipment, death or personal accident injury, and extended foreign travel cover usually with a free green card.

Additionally if you own a classic car you will benefit from options such as a guaranteed value and limited mileage discounts. But, despite its name, a comprehensive policy won't cover you for everything. All policies carry exclusions, and different policies will offer different benefits.Check your policy wording carefully! 

Additional covers such as Legal Expenses insurance are essential no matter what the basis of cover you have under a specialist car insurance policy. This protects you against motoring claims and allows you to pursue others by employing a solicitor to recover your uninsured losses at now further loss to yourself.

Visit http://www.car-insurance.tv for specialist classic car insurance advice and quotes online from over twenty specialist schemes