Is it possible to get classic car insurance for 18 year olds?
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It can be quite difficult to secure classic car insurance for 18 year olds. This is because insurance companies view young drivers as the riskiest group of drivers to insure and when they apply for a quote in a valuable classic car, many insurers run for the hills.
However, it's still possible for 18 year olds to get a great deal on classic car insurance. It just takes a little more time and effort. Insurance comparison websites are very useful when you're hunting for classic car insurance for young drivers.
Leading sites, such as Money Supermarket and Compare the Market, will trawl through the databases of over 70 per cent of insurers to find you a policy and price that you're happy with. Keep an eye out for insurance companies that deal favourably with young drivers, such as Adrian Flux, Footman James and Firebond.
There are a number of things that you should make sure are included with your classic car insurance. One of the most important is that cover is provided for the car when it's laid up. This means that should anything happen your car when it's in a garage - like theft or damage - that it's covered by the insurance company.
It's also vital that a classic car is valued properly by the insurance company. To do this, you'll need to agree a value for the car with the insurance company before you take out a policy. If you fail to do this, you could find yourself left severely out of pocket if anything happens to your car.