Muscle Car Insurance Policies - Five Common Restrictions on Specialty Auto Insurance Policies Whilst it's true that the summertime may be the busiest time of the year for classic car shows as well as the winter weather is significantly quieter, in the end you choose one or two to check out inside cold months! If you're an enthusiast you'll know this and will probably have already got the dates booked as part of your diary. For those that are unsure which events take place in the winter time and therefore are worthwhile visiting, stay with me. There is no official fixed concise explaination a 'classic' but taxation take off dates often include an indicator. All cars built before 1st January 1973 are exempt from paying annual road tax and display a 'historic vehicle' sticker. Some insurance providers will still only offer 'classic' insurance coverage on vehicles following this date, however, many will consider yours when it is over a decade old. One with the main elements of classic car collecting that the auto is probably going to surge in value as the years overlook. This is the exact the complete opposite of the normal car market. To this end Classic car insurers have a very system of agreed valuation. This means that you may set your own personal value within the car that you just own. Its value could possibly be higher since it is an historic vehicle or it could be when you have spent a lot of cash changing the entire body design or even the engine specification. Of course it's for being agreed together with the insurer so you just cannot just make things up or exaggerate the car's condition or features. You may have to provide photos with the car as part in the strategy of valuation. In case you have chose to get a high end car, you'll be able to classic car insurance ireland compare the premiums inside the data base with the Association of British Insurer to get the the one which contains the lowest premium. The insurance companies also think about the repair costs while fixing the slab, so it's best if you do your homework about the car model you are planning to buy. If spare parts can be very expensive or tough to procure, repairs are often a really expensive affair and frustrating it may be worthwhile considering a another model. A really easy way to receive a lower premiums would be to improve your excess level for the policy, this will likely provide you with a more affordable quote, but only because in case of a compensation claim with your vehicle you've consented to offer a much bigger contribution towards fixing your vehicle and then personal damage claims.