Car Insurance Premiums Rise In 2017

If you own both a classic car and a modern vehicle then you will be interested to read that the average cost of insuring motor vehicles has been on the increase in the last couple of years. For instance, according to the price comparison website Confused.com the average cost of a fully comprehensive car insurance policy was £827 per annum during the fourth quarter of 2017 whereas in the first quarter of 2016
the figure was £781.

That is an awful lot to pay just to insure one car never mind two vehicles if you also happen to own a cherished classic vehicle. Hopefully, the cost of insuring your classic vehicle is going to be lower than that of insuring your “every-day” car but this is not always the case as a number of factors dictate how much you are charged for such cover such as the value of the vehicle.

It is important that when you receive your renewal notice for your classic car insurance or you are looking for cover for the first time on a vintage vehicle that you shop around to try to get a good deal. Of course, you should not just base your decision on price as other factors such as how the insurer you are considering deals with claims should also be taken into account.

There are numerous providers of classic car insurance so there is usually plenty of choice available. There are also a variety of ways to source such cover with one very popular way being to go on the Internet and use the services of one or more specialist classic car insurance price comparison websites that have access to an extensive panel of insurers. Not only can you obtain one or more quotes 24/7 but it may also be possible to actually arrange and pay for the cover online thus providing you with complete peace of mind.

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