Our Classic / Specialist Motor Insurance Suppliers

CHERISHED CAR UNDERWRITING AGENCY

In simple terms they act as a wholesaler selling their own branded policy which is underwritten by Norwich Union or the NIG. They now have the advantage of offering, as an extra to their own policy a RAC Breakdown and Recovery policy which includes Europe. We started dealing with them in June 2002. They are also have a more relaxed policy over the anti theft requirements on the lower value classics. Unfortunately they are quite strict on the paperwork side. In order to keep down costs they insist on all the photo's, (copy club membership card if your claiming the club discount) being submitted with the proposal form. For the values to remain agreed there has to be a current MOT in force at the time a the loss. RENEWAL PROCEDURE-They send out a renewal invitation and a renewal declaration form. This form must be completed and returned with your payment .Every third year they require fresh photos with the declaration. MID TERM WORK-duplicate certificates etc their minimum charge is £15.75 + our charge of £8 = £23.75

HIGHWAY INSURANCE COMPANY LTD

In early 2007 we started placing specialist vehicle insurance with Highway after being invited to join their panel of specialist brokers. Some of the personalities involved we have work with before and so know and trust them. As individuals they are dedicated to expanding the Highway specialist vehicle insurance side with immense knowledge, so this together with the stability of the Highway and its ambition to expand made it a natural decision. Highway has been insuring historic vehicles for many years through its past Lloyds syndicate activities. They are official insurers for many car clubs and vehicle societies. The motor insurance portfolio also covers standard car and commercial vehicles plus classic cars, classic commercials, classic motor cycles and kit cars and unusual hobby vehicles. Highway is a UK personal lines insurer committed to providing technical and service excellence. Their products are distributed predominantly through 2,500 independent intermediaries across the UK and Northern Ireland. . In 2008 they will have more than 650,000 customers representing total premium income of £260 million. Our experience is very positive and although we have only had one claim so far, in my follow up phone call to the client I was very pleased to find she thought the service provided was excellent. - Update November 2008 - Highway which used to be a PLC has been bought by the Liverpool Victoria - for details see www.lv.com/aboutus -The UK largest friendly society

KGM Motor policies at Lloyds

I have a soft spot for the KGM because when the Norwich Union became far less flexible and selective they gave us an agency .As we proved ourselves they were able to be more flexible on the risks they wrote for us. They became quite cautious about 10 years ago becoming more selective and concerned by low premiums and high values on sports cars. I am pleased to say they are coming out to play again. I have the Sprite and some of my other toys with them. Their garage requirement is more rigorous and you have to advise them before you travel abroad. They will cover low value classics vehicles up to 12000 GBP that are not garaged at an extra cost .They also help us with Kits cars commercials and the odd ball risks like fire engines military vehicles motorsport vehicles etc. They have one office in London and are only involved in motor Insurance. KGM RENEWAL PROCEDURE - They have a simple procedure sending out a renewal invitation which we forward to you . They require an annual mileage declaration but seldom ask for fresh photos MID TERM ADJUSTMENT - their minimum charge is 12.50 plus tax Our advice on claims is if possible get your car home and then talk to us so we can help you with the process however the 24 hour KGM Classic car claims line 0844 412 6412 quote SV1 ( and if possible quote your policy number )for those cases where you need immediate assitance to keep your vehicle safe.

NIG

They ventured in to Classic car insurance in 2000 and we had access to their rates in November 2000. We already have a large account with them for standard car, household and a few commercial business policies. Their normal requirements to agreed values, plus a very selective approach delayed our involvement their classic side.With the demise of the Independent Insurance they reacted very quickly. They have now agreed to insure a wider selection of vehicles and their use. They will also consider upgraded / modifications / non-standard storage such as garage away from home.NIG are now a significant player in the classic car market. The NIG are part of the Royal Bank of Scotland Group. NIG RENEWAL PROCEDURE - They send a renewal invitation which we then forward to you. Every second renewal ( after two complete years of insurance with them including the first year)they require a fresh set of photos and a valuation letter.MID TERM WORK -duplicate certificates etc £21 plus our charge £8 = £29

Wholesalers

We use insurance wholesalers because insurance companies give special deals for volume business. These wholesalers look to other professionals to help them increase their volume and thus maintain their schemes.With our expertise we can find a suitable policy for a wider selection of risks that we are asked to find a price for.It is a fact of life that because of volume sales wholesalers can some times obtain cover for risks insurers will not allow us to place direct with them .