Classic cars and insurance

trixyben

Does anyone know the ins and outs of having a classic car and having it insured?

What I'm thinking of doing is buying a type of project car, (from what I think the if the car is over 20 years old it is deemed a classic?) an old jag or something similar something with a big engine something I can take out the odd day etc

Is it that simple or have you many hoops to jump through?

Henry Ford III

trixyben wrote: »

Does anyone know the ins and outs of having a classic car and having it insured?

What I'm thinking of doing is buying a type of project car, (from what I think the if the car is over 20 years old it is deemed a classic?) an old jag or something similar something with a big engine something I can take out the odd day etc

Is it that simple or have you many hoops to jump through?

20 years isn't cast in stone. Some insurers will offer classic cover for a car 15 years old.

Most insist that the classic must be garaged nightly, and be a 2nd car, some will limit the annual mileage, and most will only cover drivers over 25.

Alanstrainor

trixyben wrote: »

Does anyone know the ins and outs of having a classic car and having it insured?

What I'm thinking of doing is buying a type of project car, (from what I think the if the car is over 20 years old it is deemed a classic?) an old jag or something similar something with a big engine something I can take out the odd day etc

Is it that simple or have you many hoops to jump through?

Moved to the classic cars forum;)

trixyben

Henry Ford III wrote: »

20 years isn't cast in stone. Some insurers will offer classic cover for a car 15 years old.

Most insist that the classic must be garaged nightly, and be a 2nd car, some will limit the annual mileage, and most will only cover drivers over 25.

Most of those requirements are not a problem, i'll maybe give my insurance company a call tomorrow and get a copy of their terms on classic car use adn what qualifies.

w124man

trixyben wrote: »

Most of those requirements are not a problem, i'll maybe give my insurance company a call tomorrow and get a copy of their terms on classic car use adn what qualifies.

Best thing to do is call into your local AXA branch and talk face to face with them. I have 5 classics insured with them for €480 ...... It pays to talk.

shortys94

I didn't want to start a new thread, just a question about insurance


My dad currently drives a Volvo and wants to buy a Ford Capri as a second car, I was just wondering whether if he could insure me on the Capri as a named driver without being a named driver on the Volvo? I'm wondering whether he'll get the cheap classic car insurance rate and tax rate for me? I'd nearly consider buying a classic and paying his classic car tax and insurance if it possible?


Hopefully I explained it ok, thanks, I'm 23 with 2 years no claims

da_hambo

First Ireland, Parkgate St, Dublin also do a good classic limited mileage policy, doesnt need to be garaged. Im with them the last three years and switched my daily driver to em as well after a year.

du Maurier

shortys94 wrote: »

I didn't want to start a new thread, just a question about insurance


My dad currently drives a Volvo and wants to buy a Ford Capri as a second car, I was just wondering whether if he could insure me on the Capri as a named driver without being a named driver on the Volvo? I'm wondering whether he'll get the cheap classic car insurance rate and tax rate for me? I'd nearly consider buying a classic and paying his classic car tax and insurance if it possible?


Hopefully I explained it ok, thanks, I'm 23 with 2 years no claims

I was pondering the same. Does anyone know if this is doable?

ugglasdav

i think in most cases you need to be over 25 years old to be put down as a named driver

du Maurier

ugglasdav wrote: »

i think in most cases you need to be over 25 years old to be put down as a named driver

Fitting that criteria would there be other hoops to jump through?

du Maurier

Does anyone have anymore information on this?

I called First Ireland and they maintain that you do have to have an everyday vehicle plus the classic to be insured.

To be honest the guy sounded quite vague and unsure on this matter though.

macplaxton

Well whatever I say, it won't make a difference as the broker will be offering the insurance to their conditions.

If you think the adviser wasn't sure, why didn't you ask to speak to someone else higher up the food chain?

http://www.firstireland.ie/classic_car.asp

w124man

Like I said before AXA is the place to go.

Usually and this is the case for AXA you need to have a daily driver plus a classic and you will need to be over 25 to avail of the classic policy.

Hope this helps

du Maurier

macplaxton wrote: »

Well whatever I say, it won't make a difference as the broker will be offering the insurance to their conditions.

If you think the adviser wasn't sure, why didn't you ask to speak to someone else higher up the food chain?

http://www.firstireland.ie/classic_car.asp

Yes, indeed I should have.

seosamh1980

Check out Campion Insurance, 01 4033777 for third party insurance you will be on the road for €150 125 of that is for the insurance and the other 25 is for membership to the irish vintage society. You will have to have an "ordinary" every day car and be over 25 but apart from that you should be good to go.

Be 100% sure of what your entire budget is going to be and aim to spend 75% of that budget because there will always be something that will come up just before the car is complete, believe me. And yes these do turn out to be time wasting and annoying and expensive but that is all part and parcel of owning a classic.

Best of luck with your crusade.

liam7831

seosamh1980 wrote: »

Check out Campion Insurance, 01 4033777 for third party insurance you will be on the road for €150 125 of that is for the insurance and the other 25 is for membership to the irish vintage society. You will have to have an "ordinary" every day car and be over 25 but apart from that you should be good to go.

Be 100% sure of what your entire budget is going to be and aim to spend 75% of that budget because there will always be something that will come up just before the car is complete, believe me. And yes these do turn out to be time wasting and annoying and expensive but that is all part and parcel of owning a classic.

Best of luck with your crusade.

Can you avail of this with a fifteen year old car, or has it to be twenty?

du Maurier

seosamh1980 wrote: »

Check out Campion Insurance, 01 4033777 for third party insurance you will be on the road for €150 125 of that is for the insurance and the other 25 is for membership to the irish vintage society. You will have to have an "ordinary" every day car and be over 25 but apart from that you should be good to go.

Be 100% sure of what your entire budget is going to be and aim to spend 75% of that budget because there will always be something that will come up just before the car is complete, believe me. And yes these do turn out to be time wasting and annoying and expensive but that is all part and parcel of owning a classic.

Best of luck with your crusade.

Thanks for this information!

lepoatnam

Try Autoline, based in the North (Ballymena, Coleraine, Downpatrick & Newry) on 0044 28 7034 4321. They can cover classic cars but not Daily drivers, only do fully comp with breakdown (have breakdown service in Republic) and do multi car policies. Got a quote the other day and will be going with them, no one else can match the price. Know of another guy who got quote of 3000 miles for 2 cars for €208.
I have no affiliation with these guys but it does seem like a good deal.

homingbird

lepoatnam wrote: »

Try Autoline, based in the North (Ballymena, Coleraine, Downpatrick & Newry) on 0044 28 7034 4321. They can cover classic cars but not Daily drivers, only do fully comp with breakdown (have breakdown service in Republic) and do multi car policies. Got a quote the other day and will be going with them, no one else can match the price. Know of another guy who got quote of 3000 miles for 2 cars for €208.
I have no affiliation with these guys but it does seem like a good deal.

I am with them & got the same deal 230 euro for 2 cars with the 3000mls limit so 1500mls each car. FBD have no mileage limit but dont offer as much cover as the rest like i wanted windscreen cover & they dont do it.

Peew

Got a quote of 170 euro from Autoline for 3000miles on my Merc coupe yesterday.:D

Tommyboy40

I've been with AXA for 10 years and my last premium was €1400ish to cover the SL and the E36. I switched to First Ireland and now have the SL, w124 and the E36 covered for €354. I found First Ireland incredibly helpful and they answered all my questions. AXA want your classics to be 20 years old, First Ireland will take 15

galwaytt

trixyben wrote: »

Does anyone know the ins and outs of having a classic car and having it insured?

What I'm thinking of doing is buying a type of project car, (from what I think the if the car is over 20 years old it is deemed a classic?) an old jag or something similar something with a big engine something I can take out the odd day etc

Is it that simple or have you many hoops to jump through?

...apologies if you know this already, but insurance is the easy part. 'Classic' tax begins at 30 years. Buy a 20yr old Jag, even with cheap insurance, and you'll be stuck for €1809 a year just to tax it: that's €35 a week just for tax, every week of the year.

You'd want to really, really want one/love one to pay that for something you might only use the odd day.

Peew

galwaytt wrote: »

...apologies if you know this already, but insurance is the easy part. 'Classic' tax begins at 30 years. Buy a 20yr old Jag, even with cheap insurance, and you'll be stuck for €1809 a year just to tax it: that's €35 a week just for tax, every week of the year.

You'd want to really, really want one/love one to pay that for something you might only use the odd day.

Yes Tax is a Killer:eek:

Dades

galwaytt wrote: »

that's €35 a week just for tax, every week of the year.

F*ck me but that is a lot, when you put it like that. You'd want to drive it lot to justify it - and then you'll be paying the same again in juice! :pac:

corktina

i'm paying exactly €4 a day tax on my Mondeo...when the three months are up it'll go back in the garage for a while and i'll pay half that on my Focus and consider it a bargain!