An increasing amount of drivers are choosing to buy classic cars in particular classic MG cars, often they are choosing vehicles they always dreamt of driving in their youth.

Finding your MG car is only one part of the problem, however: the other important part is that of finding cheap classic car insurance so you can enjoy driving your vehicle safe in the knowledge that you are fully insured.

Generally, the cost of classic car insurance is less than for a more modern vehicle. The reason for it being cheaper is down to the simple fact that classic cars are often more looked after and driven for fewer miles than a modern car per year.

Although insurance may be cheaper there are still some things to keep in mind whilst looking for cheap car insurance for classic MG cars.

• Set out an agreed valuation when insuring your MG. This is the amount that will be paid if the car is written off or stolen. Make sure that it is a guaranteed amount. Some insurers will make you pay extra for this although it is definitely worthwhile doing.
• Check whether you will be able to increase the agreed valuation yearly. The value of many classic cars increases year upon year and it may cost a lot more to replace as it becomes older. Also take into consideration that rare parts may cost more as time goes by.
• Consider a capped mileage policy on your MG, this will save you considerable money off your premium.

It is always worth comparing online, prices can vary greatly and when looking for classic car insurance it is especially important to have good insurance because vintage cars can need more attention and looking after to remain pristine. For more tips on how to get a fair deal on car insurance visit moneysupermarket and read our guide before using our price comparison tool to find the best deal available in minutes.