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Do you own several classic cars? A collector’s motorcycle, a Jaguar, a Ferrari or a jeep over thirty years old? Collector fleet insurance offers you the protection of several classic vehicles under a single contract.

What is a collector car fleet insurance policy?

the fleet insurance contract for collector cars aims to cover all older vehicles in a fleet under a single contract. Originally reserved for professionals, it can now be picked up by private individuals for their personal fleet. This specific type of insurance is particularly suitable for collectors of classic vehicles.

• The single contract simplifies procedures and management, with the same expiration date for all vehicles in the fleet. It also avoids duplication of guarantees between auto insurance companies.
• Sliding scale rates based on the number of vehicles insured, saving on the amount of the insurance premium. They are considered beneficial from the second collection vehicle.
• Insurance packages can be customized for each insured vehicle, with different levels of protection or optional guarantees. You can adjust the level of coverage based on the vehicle’s value, age, usage, etc.
• The contract can also match the insurance of the other vehicles in the fleet : modern car, small car, motorcycle for daily use… We are therefore talking about an insurance contract for the mixed car park.

What is a Collector’s Vehicle?

According to the Highway Code, collection vehicles are machines built or put into circulation for more than thirty years. They must no longer be produced and must have been kept in their original state. In other words, any repairs must not have changed the technical characteristics. Some insurance companies, on the other hand, have been insuring vehicles as a collection for twenty years, even ten years for certain models, according to the official coast.

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What is the gray collection card?

Older vehicles that meet these criteria can apply for the Pickup Registration Card. Its attribution is neither mandatory nor automatic. The mention affixed on the registration certificate allows you to obtain specific plates, to drive without geographical limitations and to distance the technical checks. The request must be addressed to the State services or to a qualified professional. Requires a certificate from the manufacturer or from the French Classic Vehicle Federation, the FFVE.

As with any fleet contract, a fleet car insurance for the collector’s vehicle it works without a bonus-malus system. A lead driver is appointed for the entire domestic vehicle fleet. In addition, a secondary conductor may be appointed. Collector fleet insurance is not accessible to all types of profiles, especially young drivers.

Some insurers condition adherence to one or more criteria:

• Have held a driving license for more than three years. Don’t be a young driver, then.
• Have a minimum age, usually 25 years old.
• Have not caused or suffered multiple accidents in the last few years or months.
• Insured for another vehicle.
• Have a bonus of at least 25% on this classic car insurance.
• Use the vehicle as a hobby item. In this case, the owner of the vehicle must have another means of transport for daily travel.

How much does collector car insurance cost?

the insurance price for a collector’s fleet it is recalculated every year on the basis of the vehicle fleet or the experience of the accident. In the absence of a reduction-increase coefficient, the calculation of the premium is based on a large set of criteria. The average cost is therefore highly variable.

• Driver profile: The main driver and, to a lesser extent, the co-driver partially determine the level of risk to be insured. Experts and with a minimum number of claims, they benefit from better rates.
• The characteristics of the vehicle: the make, the rarity, the agreed value, the Argus rating, the condition of the vehicle… The insurance premium varies according to the vehicle.
• Use of the vehicle: the tariff conditions are different for an old vehicle taken out of the garage once a year or once a day. Some classic car insurance offers do not cover vehicles used for day trips.
• The level of guarantees: motor liability insurance is the least expensive, integrating only the basic guarantee for civil liability. The all-risk formula offers the best protection, with a higher premium. Optional benefits also increase the premium amount.
• The number of vehicles: The more vehicles that are insured, the more attractive the degressive rates are.

  Good to know: Discounts for collector associations

  Some insurance companies offer a discounted rate on the subscription to members of classic vehicle collectors’ associations.

Which classic vehicles need to be insured under a collector’s fleet contract?

Despite the name, this type of insurance contract isn’t just for cars. According to the insurers, it can integrate any type of land vehicle:

• Cars ;
• motorcycles;
• Cyclos (scooters, Solex, motorcycles, etc.);
• tractors;
• Utilities, campers…;
• The heavyweights;
• Agricultural vehicles;
• Military vehicles…

With what guarantees must a collector’s vehicle be insured?

It all depends on the needs and means. Collector fleet insurance is available according to the various classic insurance formulas. Extremely modular, it can be customized with numerous additional guarantees.

>> CLICK HERE TO COMPARE CAR INSURANCE

Fleet insurance formulas

• A third-party formula covers damage caused to others through liability insurance.
• Intermediate collection car fleet car insurance offer a compromise between liability insurance and all risk insurance. They can be more or less extensive, with fires, natural disasters, thefts, etc.
• Multi-risk collector car insurance includes a damage guarantee for all accidents. It protects the driver, passengers and third parties in the event of material damage or personal injury, even in the event of an accident with negligence.

Additional Warranties

• An extension of trailer warranty extends coverage to a trailer.
• A service warranty provides towing or breakdown assistance if the vehicle breaks down and is stationary. It can provide for the return to the repairer, with or without a mileage deductible.
• A glass breakage guarantee indemnifies the windows in the event of vandalism or accident.
• The driver protection allows for better coverage of bodily injuries resulting from a road accident.
• Legal protection provides criminal defense in the event of a dispute before the law.
• The warranty accessories covers the accessories and accessories of old vehicles.

To choose the right insurance for your collector’s car fleet, define your needs before requesting multiple quotes. Compare the guarantees offered, the exclusions and deductibles provided. In the absence of a designated insurer, or to compare your broker’s proposition to other insurance quotes, use our comparator : you will benefit from an overview of the insurance contracts for your collection vehicle fleet. All you have to do is sign up!

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