Fizzer
Active Member
- Joined
- Jun 29, 2009
- Messages
- 438
- Car
- L/R Discovery, BMW Z4 3.0, Dodge Charger R/T Daytona (now gone) 2011 Mercedes GL450
Does anyone know, at what age does a car become eligible for classic insurance?
It varies from company to company. 12 years and 15 years are quite common.
I looked into it for my SL but a 'normal' policy worked out cheaper, and of course earns NCD (which a classic one generally doesn't). I think the difference nowadays is that you can specify pretty low annual mileages with mainstream insurers.
The main advantage of a classic policy though is normally an agreed value for the car.
I looked into it for my SL but a 'normal' policy worked out cheaper, and of course earns NCD (which a classic one generally doesn't). I think the difference nowadays is that you can specify pretty low annual mileages with mainstream insurers.
The main advantage of a classic policy though is normally an agreed value for the car.
OP
OP
Fizzer
Active Member
- Joined
- Jun 29, 2009
- Messages
- 438
- Car
- L/R Discovery, BMW Z4 3.0, Dodge Charger R/T Daytona (now gone) 2011 Mercedes GL450
Thanks, I was wondering if the wifes 2004 Z4 was better on a classic policy for next time (I thought the threshold may be 10 years). It only does about 1000 - 1500 miles a year so, apart from the fact that she loves it, I'm starting to wonder whether its justifying its garage room. Keeping its running costs to a minimum would help that process. Have to wait a little while yet. 
It's still worth phoning round - there may be companies that start at 10 years. But for a Z4 I'd have thought you'd be better off with a normal policy with the mileage limit set low. You definitely need to shop around though - I had a variation of approx. £1k when I got new quotes for my SL last year!
They offer classic insurance for some MB models at five years and older. My CLK55 has been insured with them on a classic policy since I bought it at seven years old
Sbryantgb
Active Member
My insurer lowered my premium when my mileage was raised from 1500 miles/year to 5000 per year. This was on a standard not classic policy.
This is true, but in my case it worked out cheaper to run a second vehicle maintaining and increasing my NCD for the savings made by insuring the AMG on classic. When I bought the CLK55, the difference between classic and standard policies was about £700 - even including the cost of RFL, MoT test and a year's insurance on my estate car it works out cheaper and I get a useful additional car to use for free
