The majority of classic car owners will also own a saloon or hatchback car that they use to ferry themselves and their family around on a daily basis. This means that they will be responsible for insuring both types of vehicle. If this is the case then we have some potentially bad news for you.

Unfortunately, like a lot of things here in the UK, the average cost of insuring a car has rocketed. This is borne out by the Confused.com Car Insurance Price Index that is published on a quarterly basis. You can find the report on their website but we thought we would highlight just some of the figures contained in the index.

In the last quarter of 2022, i.e. a year ago, the average car insurance premium was £629 per annum, Twelve months later and average car insurance premiums have gone up by £366 per annum to £995 per annum. That is a mere £5 below £1,000 per annum. We are sure that you will agree that is a staggering increase in cost to the motorist and one that everyone could have done without.

You cannot help but feel even more sorry for drivers living in Inner London as their premiums have risen by an average of £599 per annum to an average of £1,607 per annum. That is a huge rise of 59%.

Younger drivers, who are more likely to be involved in a road traffic accident, are suffering even more when it comes to insuring their cars with an 18 year old paying an average of £3,162 per annum. That sort of cost probably puts a lot of youngsters off from getting a car.

So, if you are looking to insure your first classic or vintage car or you have just received your classic car insurance renewal notice, why not contact us and we will do our best to help you obtain a competitive classic car insurance quote.