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Classic Car Insurance

Because yours is not just any old car, you want to make sure that you don’t simply get cheap classic car insurance. You want to ensure you get the most appropriate cover for your particular motor and motoring needs.

0330 024 0093

The Classic Car Insurance Specialists

Classic Car Insurance

Hooked on classics? Tune in to specialist classic car insurance!

As you’ve landed here then you’ve no doubt been busy online trying to compare classic car insurance quotes.

But because yours is not just any old car, you want to make sure that you don’t simply get cheap classic car insurance. You want to ensure you get the most appropriate cover for your particular motor and motoring needs.

At Principal, we get that.

We understand that it’s not average, not standard, not merely a car.

It’s a project, a pride and joy, a passion.

That’s why we take time to talk to you to so we understand your car’s history, the time and money invested in its restoration, how and where you use it and how much it’s really worth.

Agreed value & salvage retention

It’s also why, through the specialist classic car insurance underwriters on our panel*, we offer a free agreed value** service. This means you’ll find much of the graft is done for you as, with your insurer, you determine the value of your vehicle to ensure it is fully insured.**

Because we know your car is more than the sum of its parts, should it be stolen and/ or recovered or be a write-off, you can be offered salvage retention rights.****

However, should it prove economically repairable you’ll get help to find a respected and approved repairer to restore it to its former glory.

Our classic car insurance specialists are on hand to assist you in finding the right policy at the right price. They’re also ready to help you should you need to add a vehicle or make any other amendments to your cover ***** and ensure you are supported you should you need make a claim.


 *Please ask if you would like details of the panel of insurers we use to compare classic car insurance quotes. ** Agreed value assessment provided by insurer. *** The availability and size of discounts offered varied between insurers and policies and underwriting conditions will apply. Please ask for details when getting your classic car insurance quote.  **** Salvage retention rights subject to terms and conditions. Please ask for details. ***** Amendment fees will usually apply.

Zero deduction salvage retention rights for classic and vintage vehicles.*
Optional wedding hire, rally and track day cover.
European touring – journey and rally abroad with our inclusive cover.
Generous discounts – for owners club membership and limited mileage.**
Agreed value – free valuation service to ensure you’re fully and fairly covered.***
Limited and unlimited mileage policies.
FOR OUR BEST QUOTE CALL
0330 024 0093

For the best quote chat to our friendly and informed UK based call centre team

CLASSIC CAR INSURANCE QUOTES: YOUR GUIDE TO GETTING THE RIGHT DEAL

If you own a vintage or classic car, you’ll know why it’s special – and demands specialist insurance protection.

It’s unlikely to be your daily runaround, your means simply of getting from A-B.

It’s a cherished car, a pride and joy.

The purchase, restoration maintenance and – if you’re lucky – collection of classic cars, is a passion.

So you’ll want to take care when you compare classic car insurance quotes.

You’ll want to make sure your vehicle is properly covered so that, should the worst happen and you need claim, you’ll get the settlement you expect.

That might mean, if you’ve arranged it when taking out your policy, getting the full, agreed value of your car should it be written off or stolen and not recovered.

It might mean having salvage retention rights – if this is a benefit of the policy you’ve taken out – so that you can recover your vehicle, its sum or parts, from your insurer.

The right classic car insurance for you

The important thing is to get the cover that’s right for you and your cherished vehicle.

Typically, classic car insurance is cheaper than for modern cars.

This is because, for example, they are usually owned by enthusiasts who are likely to take more care of their car and drive fewer miles in it.

If you rack up heavy mileage and leave your motor parked on-street, then you’ll likely not enjoy those comparatively lower premiums.

It’s useful then to know the factors insurers will take into account when calculating any classic car insurance quote – and the options that might be open to you.

Classic car insurance criteria

Let’s start with the classic car insurance rules: what insurers deem to be a classic or vintage car.

If we were talking HM Government definitions, that would be easy.

In the 2016 Budget, the chancellor announced that “From April 1st each year, any vehicle constructed more than 40 years before the January 1 of that year will automatically be exempt from paying vehicle excise duty.”

When it comes to determining classic car insurance criteria, things are less clear cut.

Some insurers will offer cover for what might be termed modern classics.

These would typically be cars aged 15 years or more.

Other policies are more traditional in outlook, considering as classic only vehicles which are at least 30 years or even 35 years old. An upper age limit might also apply.

Cover notes

Before looking at options specific to classic car insurance, let’s start with the fundamentals. Every policy will start with the core cover:

Third Party Only insurance (TPO)

TPO insurance will not cover the cost of repairing or replacing/settling the value of your vehicle following an accident.

It will cover only other vehicles and people (third parties) involved. It will also not cover damage to or loss of your classic vehicle of it is stolen or involved in a fire.

Third Party Fire & Theft insurance
In addition to covering third parties as above, TPFT extends to settling the cost of repairing or replacing/settling the value (less excess) of your classic vehicle if it is stolen or fire damaged.

Comprehensive insurance
Comprehensive insurance will cover the cost of repairing or replacing/settling the value (less excess) of your vehicle and those of third parties involved in accident for which you are to blame (a fault accident).

It will also cover your cherished motor if it is damaged in accident and blame cannot be attributed to another party because they cannot be identified.

Here you might be talking of someone bumping your vehicle in a car park and making off without leaving their details.

Sorn insurance
Laid up or SORN insurance is often useful for classic car owners.

This is specialist provision for when your vehicle is legally declared as being off road through a Statutory Off Road Notification. SORN insurance can protect against fire and theft whilst your car is laid up and when it is being restored.

Principal arranges specialist classic car laid up insurance. For details of cover options visit sorninsurance.co.uk

Classic car insurance options

We’re not dealing here with your average A-B motors, we’re talking, treasured, cherished cars.

It’s likely therefore that you could be interested in some of the specialist benefits – standard or optional – which feature in dedicated specialist classic car insurance policies.

Here’s a few things to look out for.

Agreed value
Most classic car insurance policies will allow you to agree the value of your cherished vehicle when you take out cover.

You will be asked to provide recent photographs of your vehicle, from all sides and the interior. These will be used by underwriters to help determine the current market value of your car.

The clear benefit of securing an agreed value is that should your vehicle be damaged beyond economic repair, or be stolen and not recovered, you will receive that sum in settlement (less your excess).

Because values can change, sometimes relatively quickly, it is important to frequently review your agreed value.

Free agreed value assessment services are offered via our specialist underwriters.

Salvage retention rights
These can be really important because, let’s face it, a classic car is more than just a car.

If your policy offers salvage retention rights, then, should your cherished motor be written off you can recover what’s left.

This is important because an insurance write-off is when a vehicle is damaged beyond what an insurer deems is an economical repair.

But an enthusiast may be willing to invest more time and money in restoring their pride and joy, or simply recovering parts for another restoration project.

Modifications
Because many classic and historic vehicles have undergone restoration they may deviate from their original specification. As long as these are road legal, they should not phase a classic car insurer.

Modifications that affect value and or performance will naturally increase your premium.

How can you get cheap classic car insurance?

That’s not the question you should be asking.

Rather than cheap classic car insurance, you should be looking for the best value – a combination of the cover you actually need and a great price.

However, there are things you can do to reduce your classic car insurance quote.

Here’s a few pointers that could be useful to you.

Owners club discounts
Many insurers offer discounts if you are a member of a recognised car club. Being a member signifies your passion and suggests you’ll be taking good care of a vehicle you don’t just own, but are proud of.

For example, insurers on Principal’s classic car insurance panel offer discounts of up to 10% to recognised owners club members. The availability and size of those discounts varies between insurers.

Limited mileage policies
One of the reasons classic car insurance is typically cheaper than standard car insurance is that insurers don’t expect you’ll be putting as many miles in.

They won’t assume this though. You’ll need commit to a set limit – 3,000 miles is a common figure – to help reduce your premium.

Again, you need be honest about the miles you both expect to, and do, cover.

If you exceed the mileage you’ve agreed, it could affect your cover and/or your insurer may levy an additional premium.

Don’t worry if you lack restraint – unlimited mileage polices are also available!

Keep it secure

If you fit your car with additional, insurance approved security, then you may earn a discount on your classic car insurance.

Here we are talking about things like trackers, electronic or electromagnetic alarms and immobilisers and wheel locking devices.

Look for Thatcham-tested products.

No claims discounts

Many insurers and brokers do not offer no claims discounts for classic car insurance.

This is because they offer flat-rated premiums.

However, some do so it’s worth checking when getting a quote.

In addition some insurers allow your no claims bonus to accrue on a classic car policy so that you can use it in future.


*Please ask if you would like details of the panel of insurers we use to compare classic car insurance quotes. ** Agreed value assessment provided by insurer. *** The availability and size of discounts offered varied between insurers and policies and underwriting conditions will apply. Please ask for details when getting your classic car insurance quote.  **** Salvage retention rights subject to terms and conditions. Please ask for details. ***** Amendment fees will usually apply.

WE PREFER TO TALK

WHY CHOOSE PRINCIPAL INSURANCE?

Because we put our policyholders first, we now serve around 40,000 motorcyclists, motorists, classic car enthusiasts, van drivers, couriers, motorhome owners, homeowners and motor trade professionals nationally.

Whilst we embrace the latest quote and administration technologies, you might say we’re a bit old school.

That’s because we’d prefer to talk to you in order to get the best possible understanding of your needs. That then means we are properly equipped to seek out the best deal for you from our extensive panel of leading UK insurers.*

What’s more we are able to give motorbike insurance, car, van, motorhome, multi-vehicle, home and commercial insurance quotes.

Our impressive growth has been achieved not through multi-million pound marketing campaigns but by delivering old fashioned service.

That can mean finding you the lowest possible insurance quote from our panel of insurers or, if you need make a claim, ensuring that you have access to specialist assistance so that the process is as prompt and painless as possible.

We’re a company with personality, one that instead of demanding staff always follow stringent call scripts and call length targets, encourages them to chat so they can provide you with the highest quality of service.


An independent broker, we source the best quotes from the UK’s leading specialist insurers.
With no call length targets, our experts take the time to find you the best deal.
We’re here to help – with dedicated claims and customer service support.
Our quotes hotline open weekdays 9.00am-6.00pm and Saturdays 9am-1pm.

DON”T JUST TAKE OUR WORD

WHAT OUR CUSTOMERS SAY ABOUT US

Excellent, in every aspect , Effortless, swift and competitive insurance obtained for my campervan. Super service received by Ashley whom dealt with my call, so refreshing to deal with an agent with great communication skills. He was extremely polite , genuine and patient. A real credit to your company . Highly recommended.
Anna James
October 23, 2023
Very strait forward and no hidden costs at the end of the purchase. If they don’t increase their price for next year, I’ll use them again.
Peter Beby
October 14, 2023
Very professional and friendly service from Sam , made everything very clear and straightforward Follow up call with Taher also extremely good and query quickly and efficiently dealt with
John
October 19, 2023
Very professional approach by Joe who took my call. I was concerned over an email I’d had inviting me to click on a link. He understood and we sorted everything out. Good people for customer service which is sadly lacking these days by other companies. Will use Principal again. Thanks
Roger Saxon
October 13, 2023
Taz this guy was so helpful, kept me informed all the way through, even got my quote £300 cheaper than online. I feel like I should send him a gift card or something to say thank you. Best experience I’ve ever had getting insurance. Top man someone give a promotion!
Cash Jones
October 11, 2023
Very professional approach by Joe who took my call. I was concerned over an email I’d had inviting me to click on a link. He understood and we sorted everything out. Good people for customer service which is sadly lacking these days by other companies. Will use Principal again. Thanks
Neil Hatch
October 12, 2023
Excellent
1,355 Reviews
FOR OUR BEST QUOTE CALL

For the best quote chat to our friendly and informed UK based call centre team