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Classic Car Insurance in the UK - Industry Market Research Report

Publisher IBISWorld
Published Jul 04, 2025
Length 41 Pages
SKU # IBSS20291783

Description

Classic Car Insurance in the UK

The Classic Car Insurance industry generates revenue from two main sources: premium income and investment income. There are many classic car insurance policies, including comprehensive cover, laid-up cover, and third-party, fire and theft cover, with the comprehensive cover being the most prevalent form. The level of risk and the premium prices vary considerably, depending on the type of policy.

Industry participants underwrite (i.e. assume the risk for and assign premiums to) classic car insurance policies. According to HM Revenue and Customs, any car that is over 15 years old and has a market value of at least £15,000 is a classic car, but insurers can vary in their definition. The level of risk assumed and the cost of an insurance premium vary according to the type of insurance policy being underwritten.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

41 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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Currency Rates
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