Classic Car Insurance - A Beginners Guide For New Classic Owners As long as you can find vehicles while driving that go back a long period, therell always be a particularly passionate gang of drivers in the UK seeking a classic motor insurance deal. The exact definition of classic is hazy and often in the discretion of each individual insurance company, yet as the make and styles of cars on that list grows yearly, what number of UK insurers are in reality capable to offer affordable cover to the comparatively small number of those who own an American classic - or muscle car? Actually, there exists probably no fixed definition or thought of the classic car that is uniformly accepted worldwide, although HMRC openly considers any vehicle thats over twenty years old using a fairly significant value to be considered a well used only for tax purposes. The definition however, varies from one car insurer on the other. In your case, it will always be an intelligent go on to check all corners carefully first before you decide to request a quote, please remember that many of the classic cars will naturally require additional time and care than todays modern cars. Also, it can be worth remembering that this cheapest classic insurance may not sometimes be that well suited for you specific needs. Now, classify your car. There are four kinds of cars; antique cars, classic cars, customized cars and the last category is coming from all those cars how the insurance provider usually decides about which category they fit in with. Antique cars usually are those who are 25 or more years older; classic cars are those which are 25 years or so older and customized cars are cars of 1950s, that happen to be customized from the consumer. Comparison shopping online for classic motor insurance is a great strategy to provide you with the best possible rate as well as the best coverage. Of course, you might be the type of motorist that has several classic cars and would like to decide on a company that could cover your collector cars, perhaps with deeper discounts depending on how many cars hand held hoover discount hoover are in fact covered under the policy. 2. Ferrari 250 GTO (1962)Making the top 2 of one of the most valuable classic cars will be the Ferrari 250 GTO from 1962. The 250 GTO was uniquely created for both the racetrack and also the road. GTO may be the abbreviation for "Gran Turismo Omologato", which could result in English as "Grand Touring Homologated." The last known valuation on the vehicle was US $16.6 million, or GBP A�10.6 000 0000.