People with classic cars often have difficulties getting reasonably priced insurance that still offers a decent amount of cover. This is because mainstream insurers don’t always know how to handle classic car insurance, as it is slightly unusual.
For example, the amount that you are likely to receive in a payout in the event of an absolute loss doesn’t always reflect the true value of a classic car. However, if you get Classic Porche insurance at Cherished Vehicle Insurance you can benefit from the use of CVI’s free agreed value service when you take out the policy, so that you’d know exactly how much you would receive in the worst case scenario when your car was damaged beyond repair.
Specialist car insurers like CVI understand that not every car is standard and that owners of classic cars use their cars differently to standard passenger car drivers. So CVI offers discounts for club membership and for those drivers who have a limited annual mileage.
The cover is still comprehensive though, and includes EU and UK breakdown cover and EU cover for up to ninety days. And unlike the mainstream insurers, some of whom won’t insure cars with modifications, CVI will be ready to consider any and all modifications to your classic car.
You can get great rates at CVI, but you’re still advised to shop around before settling on a particular insurance quote. One thing to make sure of, though, is that when you do comparative quotes, that you’re not just looking at the final price. Make sure every aspect of the cover is the same, otherwise you’re not really comparing like with like.