A Cherished or Classical car product is a limited mileage policy catering for all manner of vehicles over 15 years old for policyholders between the age of 25 and 77.
Usual policy benefits include:
- Accidental damage, fire and Theft cover for your vehicle
- Windscreen and Glass replacement and repair
- Policies can be written on an agreed value basis
- Third Party Legal Liability for death or injury to any person including passengers
- Legal Liability for damage to other people’s property
- Continental use
Policies are generally only available if you own a second car as your main form of transport and may be subject to a condition requiring the vehicle to be garaged overnight. The driving of other cars benefit is not provided and the vehicle cannot be used for business purposes. As with all policies, an excess (the first amount payable by you in the event of a loss) will apply. The amount usually depends on the value of your vehicle but will be at least £100.