Insurance for Classic Vehicles

For the Editor to use in his Foreword:

This month we discussed insurance matters with Emma Airey, Account Executive at RH Specialist Insurance, (the specialist classic vehicle division of global insurance broker, Willis Group).

Emma is the proud owner of a 1971 TVR Vixen which had a painstaking full nut and bolt restoration performed.  She therefore understands the importance of obtaining the right cover for your vehicle.  In fact, you may remember her bright yellow Vixen which attended our London to Southend run in 2008. 

‘It’s so common for owners to spend more time choosing polish than insurance for their car!  However, a little time spent researching and comparing policy benefits is so important – especially if, when put to the test, your ‘bargain’ insurance turns out to be an expensive mistake’. 

See page … for details. 

Editorial for the South Eastern Vintage and Classic Vehicle Club

Cherished by RH Specialist Insurance, driven by you!

You’ve spent months, years even, researching and sourcing your treasured classic.  Why leave its protection to chance?  Buying classic vehicle insurance needs careful consideration. 

A specialist vehicle needs specialist insurance and we at RH have been in the business of insuring classic vehicles for over 30 years. We have developed close relationships with vintage and classic vehicle enthusiasts and clubs, offering exceptional service, flexibility and value.  Here are some of the reasons why RH has remained a popular choice for discerning classic vehicle owners:

Q: What happens if my classic is stolen or a write-off?

A: RH policies offer ‘agreed value’ cover subject to a club or independent classic car specialist valuation. This means you know what you will be paid if the worst happens. This takes away the hassle of negotiating or proving the value of your vehicle at a stressful time.

Q: What happens to my salvage in a worst case scenario?

A: It’s reassuring to know that if your vehicle is over 20 years’ old the RH Scheme offers all of its policyholders free return of their cherished salvage (in addition to their agreed value payout) in the event of the vehicle being deemed a write-off.  Most insurers offer the ‘right to buy back’ your salvage, which will impact your payout, but with RH you automatically receive a cash settlement AND retain your salvage.  This can be a real benefit to individuals who own a particularly rare classic.  It’s therefore always worth checking what’s on offer when shopping around for quotes.

Q: Can you insure more than one vehicle on the same policy?

A: Yes, providing the majority are classified as classic.  RH clients often own more than one classic vehicle, so we offer multi-vehicle cover.  We understand the need for drivers to insure different types and ages of vehicles.  This results in a lower premium than you would pay for individual policies and the convenience of just one renewal date to remember.  Unusually, you can combine your classic and modern cars, motorcycles and even your motorhome on the same policy! 

Obtaining a quote is easy. 

Just give the RH Specialist Insurance team a call on 01277 206911

RH Specialist Insurance Division is a trading style of Willis Limited, a Lloyd’s broker, authorised and regulated by the Financial Services Authority.