Classic Car Insurance - A Growing and Competitive Market A classic car usually refers to an older or vintage car, though the exact definition just isnt set in stone. The Classic Car Club of America argues which a vehicle has to be between 20 and 45 years of age becoming a real classic car, and any vehicle over 45 yrs . old is called an antique. In the UK these definitions usually are not so strict, even though the day of your vehicle comes with an effect on tax. Insurance specialists have proposed measures that folks owning such unique cars have to observe of their mission for getting them to insured. Among the proposed measures is that people should go for that sort of insurance that covers the particular use that the vehicle is put. The uses could vary from occasional driving to car shows and motor parades, or running of a amount of everyday errands. This measure helps to ensure that if anything happens that may affect the operating condition of your respective car, you will end up fully compensated for virtually any loss. There is no doubt that insuring your classic car may be the smartest approach to protect your investment. It is important modern classic car insurance northern ireland classic car insurance driving other cars classic car insurance over 15 years old american car insurance comparison to know how to appraise the various insurance firms around so that you can pick one that offers the best policy for your requirements. Not only should the policy you ultimately choose be ideal for your coverage needs, nevertheless the insurer you are going with should give you a top-notch customer care and claims department also. Luckily an array of specialist insurers did realise why these factors make classic motor insurance a viable risk. Accepting that the nature of classic car ownership will mean only occasional use, excellent maintenance standards as well as a pro-active attitude to security, a whole new range of specialist car insurer entered industry. The traditional mainstream insurance providers usually notice when section of their information mill eroded, the end result being that today many have specialist departments that appeal to this niche market. The main sticking point for insurers is that the driver is regarded as too young. Statistics have demostrated that those whore under 25 carry the most important likelihood of getting into an accident. This is because of the inexperience, and in some cases blatant immaturity. Insurers do not take on risks so every young person is lumped to the same category. Thats why conventional auto insurance is so expensive and why classic automobile insurance is a lot more expensive, if theyll even hand out the policy whatsoever.