Classic Car Insurance Comes of Age!
Maybe we are all getting older and maybe we are going to suffer some clasic car crisis like the pensions scandal that is about to explode around the world as the baby boomer generation ages.
The fact of the matter is there are more classic cars on the road these days.
Do you remember those awful motors produced by BLMC when it was owned by the Government in the 1970′s.
Like me, you may well have been chauffeured around by friend’s Dads in those tank top coloured rust buckets when you were a kid.
‘Commie Cars’ Mr Clarkson calls them.
Yeah OK! they were all pretty ugly, even the Jags and Aston Martins were angular and boxy and painted in two pack mustards and browns. But there were many exceptions to the rule in the UK, for example the classy Triumph Stag and the beautiful Triumph Spitfire.
Many of the long disappeared British Car Marques actually produced some amazing motors during that tacky decade, and consequently they are still sought after today.
Unfortunately, and this is with no disrespect to all those departed members of my family that had to work in the press and paint shops of Ford’s, BLMC, Rootes etc during the Seventies – the paint was crap and the engines very unreliable.
Every thing was done by hand in mass lines of organised production that Adam Smith would have been proud of, in those vast hangers the size of six football pitches, the British Car Industry churned out those mosters with the padded settees in the back, in employment scenes not dissimilar to those of industrial Victoriana.
The fact that the cars were awful and didn’t last is probably a good thing on reflection, so you can thank my family and others that toiled in those unionised hangers of radicalism that brought down Governments, that most of the cars built then ended up in the ubiquitous and very fast growing Scrappys.
Consequently the volume of classic cars we could have had now from the Seventies, has been mercily spared us!
Depreciation and built in obsolescence was as much a part of the green revolution as the Wombles
This all started to change in the early Mid-Seventies with the arrival on our shores from the Land of the Rising Sun, in the form of the lovely Datsun! (Nissan to you nippers) – cars that actually lasted a bit longer – though the paint technology was just as bad or even worse and gave birth to the ubiquitous estate rustbucket.
The longevity technology wasn’t resolved until the Eighties, and thus it is cars from the Eighties that have led to the recent dramatic rise in the demand for classic car insurance.
In response to this demand generated by a surplus of motors from the Eighties that we now see the number of car insurance schemes available today, rising on an almost daily basis to unprecedented levels as underwriters cover more bespoke model policies. The number of specialist car insurers for classic motors is three hundred fold what it was when these cars were first being produced under the Thatcher Regime.
Now if you had to live through the Eighties you either joined in and became a Yuppie uncaring scumbag, made a load of money and drove around in a flash sports car, not giving a flying fart old boy that the country was being ripped to pieces on lie, around you, or……
Or you drove around in a beat up old Commie Car from the Seventies, on third party fire and theft and a dodgy MOT you bought off Eric in the garage down the road, starting riots and calling for revolution.
The Eighties created the largest legacy of classic cars which has led to the current boom in classic car insurance demand. The battle was temporarliy won by champagne swilling, Harry Enfield characters in the Porsche 911 turbo set. This was confirmed with the collapse of Communism in 1989 and the introduction to us all of the lovely Trabant!
So even the bad have given us something good!
Whatever type of classic car you may own from these two notorious decades, why not give Lancaster a call or get a quick quote online from one of over a hundred classic car insurance schemes at Car Insurance TV.
The people who work here are really friendly and are only too happy to answer your questions. They are all petrol heads and products themselves of the Seventies and Eighties and all think they should go on Mastermind answering questions about their own classic car insurance specialisms.