According to a survey the price of the policy matters a lot to the classic car insurance owners rather than product while buying insurance cover for their vintage car. Some of the insurers and buyers bend this truth by terming it as cheap insurance cover but while looking for price we usually forget the product and quality services.
With everyone struggling with monthly budgets the car owners are trying their hard to get insurance cover and that too with in their budget. The motorists looking for cheap insurance deal try to hide truth from the insurer to get a suitable deal to get discount on the policy. Whether the driver has any claim history, park the car outside the home or drive rashly the motorists usually try to shield such information so as to get affordable insurance deal.
Most of the time the drivers lie about the car mileage as the car mileage largely influences the classic car insurance cover but with wrong mileage cover you might risk your valued possession. In case the insurer finds you lying then your classic car insurance cover might get invalidated.
Most of the drivers park their car outside while make their garage as store room but the classic cars are expensive so the owners who keep them in garage will get reasonable classic car insurance quotes. But if you are lying with your insurer and your car gets stolen then you might not be able to get complete agreed value price from the insurer.
Around 14% of the motorists admit of lying with their insurer to get cost effective insurance deal. This year the motorists lie less with their providers as compared to the figures from last year. However any kind of wrong information given to the insurer while buying insurance deal can go against you while making claim so it is better to have a hassle free insurance cover by giving true details of their car and driving record.
