Information for classic car owners seeking insurance cover through Alexander Forbes

This company can trace its classic car insurance roots from the time Norman Tremellen & Co, a well-known Lloyd's broker, provided insurance services to national vintage and classic car club members in 1924. Since then the company has grown following several acquisitions to become an integral part of the Alexander Forbes Risk Services UK Ltd.

The company offer fully underwritten Lloyds of London tailor made flexible policies to suit every need. Insurance products include Full Collector policies, Individual Collector policies, top up policies and preferential rates for Aston Martin and Citroen Club classic car owners.

The benefits of Full Collector policies include automatic classic car insurance cover for acquisitions without paying additional premiums during the year the policy is in force. Also, insurance cover for classic cars which you may borrow, lease or hire. In all cases the company must be informed when any additional cars or motorcycles come on risk. Additional benefits include retained salvage, theft of keys, above market value payment, track extensions and rally use, and continental use. All Collectors Policies are sold on an unlimited mileage basis.

Individual Collector’s insurance policies are designed for classic car drivers who own one or more of the vehicles, which are generally not used on an everyday basis. Benefits include retained salvage, theft of keys, above market value payment, track extensions and rally use, and continental use. All the company's Individual classic car collector insurance policies cater for annual limited mileage use of either 3000 or 5000 but higher limits can be quoted on request.

To obtain a classic car insurance quote for either Full Collector or Individual Collector policies the minimum value of the vehicle must be £10,000 and drivers have to be 25 years of age or over. The company is not able to provide classic car insurance quotes on vehicles used in Northern Ireland.

Top Up Insurance Policies for classic cars in storage are also available from the company. This type of insurancecover is for classic cars that are not actually used for driving and are either being restored or repaired. Cover includes fire, theft and accidental damage.

Please note, conditions will apply for all of the clasic car insurance products mentioned above, please contact the company concerned for more information.

 

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