CAR COLLECTION INSURANCE

Frequently Asked Questions

Is it possible to purchase a multi vehicle policy?

Yes, our brokers can provide quotes for multi-vehicle insurance policies. These policies can offer cost savings and make managing multiple vehicles easier, as they share a single policy and renewal date.

However, it’s important to note that adding higher-risk drivers to a multi-vehicle policy may reduce the benefits of bundling. In some cases, individual policies could be more cost-effective.

We recommend comparing both single-vehicle and multi-vehicle policy options to determine which approach works best for your needs. Our brokers can help guide you through the process and provide tailored advice

Can I park outside my house?

We work with a panel of specialist insurers, each with their own requirements. Some may stipulate that vehicles are kept behind security gates or that the property is monitored by CCTV. Others may require high-value cars to be stored in locked, alarmed garages overnight, or insist that vehicles are garaged at your home address during specific hours, for example, between 10 p.m. and 6 a.m. To be sure your covered you will need to comply with your insurers requirements.

How much will I pay for my car insurance?

It’s impossible to estimate an exact insurance premium, as motor insurers assess risk based on a wide range of variable factors. However, the model and engine size of your vehicles play a significant role in shaping the cost of cover.

Cars with larger engines or high-performance specifications are typically associated with greater speed and power, which insurers view as a higher accident risk. Similarly, premium or specialist vehicles often come with expensive parts and require specialist garages for repairs, increasing potential claim costs.

Supercars and high-value models are also more attractive to thieves, which can further elevate premiums. Beyond the vehicles, insurers consider the driver’s age and experience, as well as where the vehicles are stored and driven, including geographical location and security measures.

Vehicles that are driven less frequently are generally considered lower risk, which can lead to reduced premiums. If your only use your car collection occasionally, such as for weekend drives or seasonal use, be sure to mention this, as insurers may offer limited mileage discounts or tailored cover options.

Premiums also vary depending on the type of cover selected (e.g. agreed vs. market value), the level of excess, and any additional protections added to the policy.

Working with a specialist broker ensures a more comprehensive market search and detailed product comparison, far beyond the headline quotes offered by aggregator sites.

Will my policy cover me for tours in Europe or Worldwide?

Many owners of a prestige car collection need insurance that extends beyond the UK, especially when attending events or driving tours abroad. To help ensure you’re fully protected, we’ll need to disclose the details of the event and its location to your insurer. This helps confirm that the right level of cover is in place for your journey. It’s important to note that some insurers do include this cover as standard in their policies, we will work with you to help tailor your cover to suit your requirements.