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The market size of the Classic Car Insurance industry in the UK is $xx.xx, which is expected to grow at xx% over the next five years. Industry participants underwrite (i.e. assume the risk for and assign premiums to) classic car insurance policies. According to HM Revenue and Customs, any car that is over 15 years old and has a market value of at least £15,000 is a classic car, but insurers can vary in their definition. The level of risk assumed and the cost of an insurance premium vary according to the type of insurance policy being underwritten.
Curious about what drives these trends? IBISWorld's Classic Car Insurance in the UK industry coverage has got you covered.
Total value ($) and annual change from 2012 – 2030.
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The market size of the Classic Car Insurance in the UK is £807.9m in 2025.
The market size of the Classic Car Insurance in the UK increased 2.1% in 2025.
The market size of the Classic Car Insurance in the UK has declined at a -0.7% CAGR between 2020 and 2025.
See our full analysis of the Classic Car Insurance in the UK to understand if the industry market size is expected to grow or decline over the next five years.