Laid up insurance...
If your classic is in hibernation, give it the cover it deserves!
It is approaching that time of year when some of us decide to put our beloved classics away for the winter. In many cases this will mean SORNING our vehicle. You might be avoiding salt and ice, but tucked away, is your car really as safe as you think?
Most home insurance policies don’t cover liability arising from the ownership or custody of any motorised vehicle. In these cases, if the worst should happen your pride and joy wouldn’t be insured. You can add endorsements to your home insurance to cover motor memorabilia or car parts – but not the vehicle itself. This is where Heritage Insurance can offer a solution.
Changes are coming
A 2014 legal battle could lead to the rules around this matter being changed after a Slovenian man was knocked off a ladder by a trailer. The case then went to the European Court of Justice who ruled that he deserved compensation and the European Motor Insurance Directive needed to be changed. In the UK, if the full implementation of the directive as interpreted in the Vnuk judgment is rolled out, third party insurance would become mandatory for non-roadgoing vehicles. The UK government would prefer a more nuanced roll out but either way, changes are likely. Heritage offer Laid Up Insurance especially for SORN vehicles; this protects your vehicle and you. You can even convert your insurance into on the road cover when you’re ready. For a quote, call Heritage on 0121 248 9229 or request a call back via heritagecarinsurance.co.uk