Do you own an automobile over 15 years old? If you do you may well be entitled to cover it under what is known in the industry as a classic automobile insurance policy. During the past there were many more restrictions on cover under this kind of policy and specialist motor insurance brokers and insurance corporations were very fussy about the type, age make and models of the vehicles they needed to cover on their books. Times have changed and technology has led on to lots more vehicles now fitting into a bracket that was once reserved for the glamourous, collector and vintage auto owners. It is now easy to obtain both inexpensive quotes and classic auto covers online from many providers including the bulk of those famous high street brands, who have realised that nearly fifty percent of the vehicles on the road now fall in the stern underwriting parameters for classic car policies.
Consequently premiums in this market, which were always less expensive than standard cover, became much more competitive in current years, with the entry into the market of lots of the larger insurance companies.
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