AS A LONG-STANDING classic car owner, I read a lot of magazines, and a recurring theme is the desire to attract a younger audience. I encouraged my son James to purchase a 1960 Morris Mini 850 at the age of 16, and he has taught himself how to service the car and loves driving it.
However, he has come up against the problem of trying to insure it on a classic car policy. For his first year of driving, he couldn’t find any classic car insurer who would insure him, but he did manage to add the Mini onto the policy for his regular car, a BMW 116. Total cost for both was £1362.67.
Now armed with one year’s no-claims bonus, we spent an afternoon ringing round all the specialist insurers commonly found in the classic car and owners’ club magazines.
In total, we contacted six insurers, which included the market leaders. The quotes received ranged from a high of £1100 for a limited mileage of 1000 miles – meaning the premium would be more expensive than for his BMW 116, which he could be driving
