Are Classic Cars More Economical to Insure for Young Drivers?

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The modern era car buyers have different considerations than before. Rather than cars’ top speed and acceleration, its high fuel efficiency is given more attention. Well, it is for a good reason. The sky-touching prices of fuel and insurance quotes left people no choice.

The new driver insurance price is exceptionally high so, the young generation is always in search of a car with a reasonable insurance quote. If you are also fed up with spiked insurance prices, we have got a solution for you.

The classic cars out there with a classic charm can get you a huge cut on insurance prices due to their decent fuel efficiency. Following is the list of some of them.

  • Mini 1000
  • Morris Minor 1000
  • Citroen 2CV
  • Austin A30/A35
  • Renault 5 Mk1
  • Suzuki SC100 Whizzkid
  • Citroen Ami
  • Ford Fiesta Mk1
  • Vauxhall Chevette
  • Volkswagen Golf Mk1

If the above list does not end your search, let’s see what a classic car actually means.

What counts as a classic car?

The classic cars do not refer to a car used by Winston Churchill or any other old 19’s car. The insurance companies think differently, and it is not related to the age of your car. Your car must fulfil the following requirements to be enlisted in classic cars to get reasonable car insurance for young drivers.

  • Your classic car must not be your only car.
  • You must notch a very low mileage (2000 – 5000 miles annually)
  • The vehicle must be parked in a garage, in a specialist lock up, or on a drive.

Why classic car insurance is cheaper than ordinary car cover?

Most of the classic cars have high fuel efficiency; therefore, the insurance policies have an exception for such cars. Apart from that, the classic cars are not driven like those for the commute or to the school run.

In other words, the vintage car owners take special care of their cars, and therefore, the insurance companies reward them cheap premiums. The lower the risk, the lower the insurance company will charge you.

Does the insurance claim is same for classic and normal cars?

When a normal car is smashed or stolen, the market value is always known. However, with vintage cars, you can never be on the same page with the insurance companies. Therefore, when insuring your vintage car, you and the insurer settle a fixed price for it, and you will claim that in case of an accident.


The new driver insurance price is always sky-touching, but you can get a decent cut in premium with the vintage car. Most of the insurance companies prefer vintage cars over normal cars as one takes extra care of them.

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classic cars end your chase for vintage cars & Get you an insurance quote.
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classic cars end your chase for vintage cars & Get you an insurance quote.
Insurance quote is a horror story for new drivers; the astronomical fees charged by insurance companies. Classic cars can lighten your shoulders a bit.
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