There are a small number of insurance companies which have been in classic car insurance for a number of years. Equally, there are new players. Those who have been in the business longer will have built up more statistics. It is our view of that we all prefer steady rates year on year, not a yo-yo effect. None of us likes unpleasant surprises; when it comes to council tax, electricity or even insurance bills!
One last word therefore – do not be tempted by the lowest premium offered to you, particularly when the market is ultra competitive. Listen to what friends and colleagues have to say in terms of service in the event of a claim or the quality of breakdown cover which may be included. There are a number of intermediaries who have served the market well for 20 years or more and who value their reputations.