Classic Car Insurance For Restoration and Maintenance Garages

Restoring and maintaining classic cars requires exceptional care and skill. As you’ll know, the work comes with several risks, one of which includes causing damage to a customer’s property. That said, arranging classic car motor trade insurance is a wise consideration as it could reduce your financial risk if an unexpected accident happens.

What is classic car motor trade insurance?

Also known as classic car restoration insurance, classic motor trade insurance is a type of cover for professional mechanics and restoration specialists.

Classic motor trade insurance comes with features that can protect you and your customers against the additional risks associated with repairing or restoring historic vehicles.

Do you need classic car restoration insurance?

If you work on classic vehicles, having suitable insurance can help keep your business protected. A standard policy may not offer the level of cover required for your type of work, such as rewiring electrical systems, mechanical repairs, paintwork and tyre fitting.

Classic car restoration often involves unique risks, including handling rare parts, using specialist tools, or driving high-value vehicles. A dedicated classic motor trade policy is designed to address these risks and help safeguard your business if something goes wrong.

We have a team of friendly specialists who can help you find suitable cover according to your business needs.

What can classic motor trade insurance cover?

Classic motor trade insurance can help cover various risks related to working with classic vehicles. Depending on your policy, cover may include:

• Road risk insurance: Can help cover you to drive customers’ vehicles for business purposes, such as test drives or moving vehicles between locations.
• Public liability: Can help protect you if a member of the public is injured, or their property is damaged, because of your business.
• Employers’ liability: Can help cover claims made by employees who are injured or become ill while working for you, whether they’re full-time, part-time, or temporary staff.
• Professional indemnity: Can provide cover in case a vehicle is damaged or a fault arises after it’s been serviced or repaired by your business.
• Business premises and contents: Can help protect your workshop, office, or garage premises, as well as its contents, against risks such as fire, theft, or flooding.
• Tool and equipment cover: Can help cover the cost of replacing or repairing essential tools and specialist equipment if they’re stolen or damaged.
• Transportation of customers’ vehicles: Can provide protection if you transport customers’ classic cars using recovery trucks or trailers, covering damage or loss during transit.
• Engineering inspection: Can support compliance and safety by covering the cost of inspections for pressure systems, lifting equipment, and other machinery.
• Business interruption: Can help support your income if you can’t run your business due to an insured event, such as a fire or flood.

These are brief product descriptions only. Please refer to the policy documentation paying particular attention to the terms and conditions, exclusions, warranties, subjectivities, excesses and any endorsements. 

Who does classic motor trade insurance cover?

Classic car motor trade insurance can help cover various professionals working with vintage and classic vehicles, including:

• Classic car restoration: For businesses focused on restoring or rebuilding classic cars.
• Classic car breakdown and recovery: Cover for people transporting or recovering classic vehicles after breakdown.
• Classic car sales: Traders buying and selling classic cars may need protection for stock vehicles, premises, and test drives.
• Classic car servicing and repairs: Garages offering maintenance, MOT preparation, and repair work for classic vehicles.
• Part-time traders: Individuals restoring or trading classic cars alongside other work can often be covered with flexible, part-time policies.
• Motor traders working from home or business premises: Cover can be adapted to suit your business location, such as a classic restoration garage or a home garage.

Why choose Gallagher for classic car motor trade insurance?

Choosing a suitable type of classic car motor trade insurance could protect you from significant financial losses incurred while running your business.

At Gallagher, we offer classic car motor trade insurance policies to suit many situations and commercial activities.

• Easy and convenient: Compare prices from our panel of insurers and secure a quote.
• Specialist guidance: A dedicated team of specialists can provide you with advice and guidance on finding suitable cover.
• Tailored policies: Every business is unique, which is why we tailor our policies to your unique circumstances and business needs.
• Immediate cover: Take out a policy and get immediate cover to protect your business.
• UK-based team: Speak to the friendly UK-based Gallagher SME Team to discuss your policy and find suitable cover.

Get a classic car restoration quote

Ready to arrange cover for your classic motor trade business? Get a quote online in just a few minutes or call our team on 0161 8748024 to speak to a specialist. We’ll help you find a policy that suits your business, vehicles, and level of risk, with cover that can start right away.

FAQs

For full terms and conditions please see the policy documentation.