The perception is that if someone owns a classic car that they have a great deal of money and don’t have to bother about trying to reduce their household expenditure. In fact, this is probably far from the truth as most classic car owners will want to make savings wherever possible.

review your classic car insurance premiums when the renewal notice arrives

An outstanding classic car

So, how can you contain or reduce your classic car insurance premiums assuming that the cover that you presently have is exactly what you require?

Well, when you receive your classic car insurance renewal documents once a year from the insurance company that you have been with for many years what do you do with them? If you are like most people, you probably have a quick glance at the premium, notice that it has gone up by a few pounds a month, shrug your shoulders, sigh and just file them away.

Whilst your loyalty to your existing classic car insurance provider is to be commended are you not better trying to see if you can get the same cover elsewhere but for a lower premium? It could be half an hour of your time very well spent.

You could contact your existing classic car insurer to see if they are prepared to maintain the premium at its current level and not increase it but they will probably tell you to go and see if you can get a better deal elsewhere and then come back to them and they will see if they can match your new classic car insurance quote or perhaps even beat it.

So, get on the Internet and key in something like “classic car insurance quote” into your browser’s search engine and you will be presented with a number of brokers and websites specializing in classic car insurance. Some of them may be price comparison websites so you can key in the information requested just once and you should be presented with a number of quotes for classic car insurance from several providers.

You may find that one or more of the premiums are lower than your existing insurer will charge thus enabling you to save some money. Good luck!