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Posted October 16th 2008

Admiral's Multi Car Insurance

According to the Mintel Motor Insurance Report a third of all UK households now have more than one car. In responding to this increasing trend Admiral Car Insurance has changed its Multi Car product realising that customer’s needs are changing.

As one of the first multi car insurers Admiral has noticed that some of its customers own either very old classic cars, luxury, or sports cars. It is often the case that such vehicles are only used for pleasure or at weekends. The main changes Admiral has made to its multi car insurance include the increasing of classic vehicles it will insure from 30 years to 50 years and discounting insurance premiums for luxury car brands such as Aston Martin, Bentley and Rolls Royce. Sports cars such as Lamborghini and Porsche are also discounted.

According to Admiral significant savings can be made as a result of these changes. For example a typical motorist such as an IT Manager, living in south west London, who owns a Ford Focus and a 1975 VW Beetle could save between £41.67 and £179.33.

Admiral is also offering significant premium reductions to policyholders who fit “Tracker” anti theft systems to vehicles. For example, 8% discounts are offered for vehicles worth over £30K and 11% for vehicles over £60K. As with any type of car insurance product, terms and conditions and apply.