One of the trickiest factors is assessing the value of your car. It is important that the valuation is correct in order to find the most comprehensive cover at the best rate for you. When you compare classic car insurance, make sure you find a package that matches the accurate valuation of your car. It sounds simple, but it is important to make sure that the insurance package agrees to cover the correct valuation of the car, as opposed to simply just covering the market value, if your car is written off or stolen. Don’t forget that often classic cars will increase in value over the years, so be sure that your insurance policy agrees to review the value cover accordingly.
Another important thing to remember is to check the parts cover. You want to be sure that the insurance package you have chosen agrees to source correct and authentic parts should you need them. Parts that are not in line with your classic car model can of course reduce the value so be sure to check the policy.
If you use your car not just for pleasure but for business as well, such as for wedding hire or motor shows, look out for packages that cover this use when you compare classic car insurance.