High Value Car Insurance

Whether you have a high performance sports car or a carefully maintained classic exceptional vehicles require specialist car insurance to ensure that they are financially protected should anything happen.

High value car insurance. Because of the elevated coverage limits of high value home insurance companies pairs and sets are often fully covered even if the damage is sustained by just one item. If a single high value item in a pair or set is damaged standard insurance companies do not typically cover the value of the entire set. High value car insurance can be taken out with high value home insurance either as a standalone car insurance policy or alongside your home and contents insurance policy. Insuring a luxury automobile has special requirements.

Most high net worth motor insurers will require the lead vehicle to have a value of 50 000 new. Agreed value is a fixed sum you and your insurer choose for the car while market value is determined at the time of the claimable incident. After all a luxury motor isn t just a comfortable and fashionable form of transportation. High value car insurance is a specialist market and just like you wouldn t go to any old shop for repairs and service you shouldn t put your exotic auto insurance needs into the hands of a non expert.

Hiscox motor insurance has been designed for drivers of multiple high value cars and has a number of features that you wouldn t find with standard car insurance. It is a fallacy to think that a high value motor policy will cost more than a combination of standard policies. High value car insurance. As a luxury car buyer you don t want to insure your 100 000 vehicle with a policy that has restrictions and coverage like that of ordinary less expensive vehicles.

Our goal is to ensure you are 100 satisfied with our attention to detail vip service and high value insurance coverage. As a specialist high net worth broker we tailor our policies to those with a little more to insure. Your high value classic car collection is unique and you deserve more than a one size fits all policy. We offer a motor policy for luxury vehicles and a bespoke policy for classic cars.

Exotic car insurance experts. Providers of this type of insurance can be more likely to offer agreed value rather than market value for determining the sum insured for your car. High value home high value homes high value homeowners high net worth admitted non admitted 50 states dc description orchid can take the worry and hassle out of insurance for you and your clients by offering you comprehensive homeowner policies for fine homes. The real value of a hnw policy occurs when there are more vehicles in the household than there are drivers.