This article provides general information about the insurance industry and does not describe Hagerty’s specific products or policy terms unless clearly noted.
If you’ve got a dream two-car garage, or perhaps you’re fortunate enough to possess an even bigger collection of classics, then a multi-car insurance policy might be just the ticket to protect your prized possessions.
A multi-car policy for classic cars can take away some of the administrative hassle of running your fleet and could also potentially save you time and money in the long run. Instead of juggling multiple renewal dates, liaising with different insurance companies and remembering various terms, conditions and benefits, one multi-car policy could take care of all your classics.
Thinking about a multi-car policy for your classic car collection? Before you decide, it’s worth knowing how it works and whether it suits your situation. In this guide, we’ll walk you through everything you need to know.
Multi-car insurance policies explained
Unsurprisingly, multi-car insurance is one that provides cover for more than one vehicle on a single policy.
Every insurer is different when it comes to the maximum number of cars they can insure on a policy. At Hagerty UK, you can insure up to six classic vehicles online under one policy, although you can obtain cover for more than six vehicles by calling us.
If you require cover for a large collection of cars, or if your collection’s combined value exceeds £250,000, our Private Client policies may be more suitable.
So, what are the benefits?
- One renewal date: All cars on the policy renew on the same date, so no more setting renewal reminders multiple times in the year.
- One point of contact: Changing address or updating your phone number? You’ll only need to do it once.
- Potential cost savings: Multicar insurance can potentially save you money on your premium.
Can you insure multiple classic cars together?
You certainly can, and it could save you some serious admin time. Some Hagerty customers have more than 100 vehicles covered on their multi-car policies – just imagine having to renew each one individually! Even if you have a smaller collection of classics, a multi-car insurance policy is worth investigating, as it could simplify one aspect of the classic car hobby.
All Hagerty UK, classic car insurance policies are tailored to policyholders’ needs, and the same is true for multi-car insurance – you can cover your collection of classic cars and/or motorcycles under a single policy. This is especially useful if your collection includes a wide variety of different vehicles, as we can provide cover for classic and specialist vehicles, and bikes. You can also get classic car insurance for SORN vehicles that are undergoing restoration or repair – this is known as laid up cover.
Obviously, the cost and exact terms depend on the size and value of your collection, so speak to one of our experts on the phone to discuss your needs in detail.
There’s no doubt that the biggest appeal of having your car or motorcycle collection covered under one policy is the potential time and financial savings. You won’t have to deal with multiple different renewal dates, different companies, or worry about different terms and conditions for each vehicle.
With a Hagerty UK multi-car insurance policy, all your vehicles will have fully comprehensive cover as standard, with breakdown and European touring cover included.
You can purchase classic car insurance cover from two to six vehicles under one policy online today, while for larger collections you’ll need to speak to one of our experts by calling 0333 323 1138.
If your cars have different renewal dates, you can start the policy now and add the other vehicles as they reach their renewal dates, so there’s no need to wait until all of them are ready to renew.
