According to the Confused.com Car Insurance Price Index, the cost of fully comprehensive car insurance dropped in the second quarter of 2020 by an average of £39 per annum when compared with the first quarter of 2020. In Q2 2020, the average amount paid was £770 per annum compared to £809 per annum in Q1 2020. This news will no doubt please motorists at a time when, due to COVID-19, many people have lost their jobs.

The most expensive to insure to drive their vehicles are 18 year olds who pay an average of £2,134 per annum. A 21 year old is paying an average of £1,525 per annum but this is £118 per annum less than was being paid three months ago. A 36 year old is paying an average of £631 per annum and a 67 year old an average of £460 per annum.

The most expensive region to insure a car is in Inner London at £1,202 per annum. It is pleasing to read that this figure is £70 per annum less than was being paid three months ago.

It is interesting that men pay an average of £810 per annum compared to women who pay an average of £719 per annum. That is a difference of £91 per annum for comprehensive car insurance.

Of course, it is quite likely that the majority of classic car enthusiasts also own a family car so he or she will have to insure both that and their vintage vehicle. So, any saving that can be made is going to be well received by those motorists.

If your existing classic car insurance is due to be renewed in the not too distant future or you are looking for cover for the first time, why not get in touch with us today with a view to obtaining a competitive, no-obligation quotation. Who knows, we may be able to save you some money on your classic car insurance.