Tom,
its a pretty simple concept, its called risk. I thought you would know that owning your own business and owning a massa and ferrari?
the lower the risk, the better it is for an insurance company, which in turn, a lower risk helps with lower premiums to valued customers.
a skyline, high loss ratio for many insurers, to minimise risk, they have guidelines and rules. another way is not having that risk at all.
some insurers wont care where car is, however you'll get basic benefits if that. ie they chose repairer, repairs arent guarnteed. its market value, you'll have higher excesses to pay etc.
specialty insurers do care where car is and how being used. and if you meet their criteria, its a top policy.
Anyhoo,
for car lovers like ourselves, wouldnt you want to look after your fincial interest? your pride and joy?
my mazda isnt worth much, but f**k me I look after it, drive it as a 3rd car, its locked in the garage, i live in a nice safe suburb but still dont want to leave it out.
I have a bluebird for daily driving, its a car Im not worried about, so I have less cover on it
mazda = good car, good policy, low risk
bluebird = daily, dont care, TPO cover