Lockton Launches Specialist Motor Trade Insurance for UK Collector Car Dealers and Workshops

Lockton, the world’s largest independent insurance broker, has launched a Specialist Motor Trade Insurance product designed for UK businesses such as collector car dealers, storage facilities and specialist workshops.

The product will deliver up-to-date cover, tailored to the vehicles these businesses handle and the way they operate. It is designed to respond to both the traditional risks they face and the emerging challenges of a changing market.

The exclusive facility is backed by Chubb, well-known as a trusted provider to many High Net Worth and Ultra High Net Worth individuals, making this a natural fit for businesses whose clientele expect the highest standards of service and protection.

Our team combines high-quality, bespoke cover with excellent service. With decades of experience in the classic motor trade sector, we bring deep specialist knowledge to every client relationship.

“The Product will provide perfectly tuned insurance for the businesses behind exceptional motor vehicles,” said John Collyear, Senior Vice President, Lockton Performance.

“We understand the unique responsibilities that come with buying, selling, storing, transporting and maintaining high-quality vehicles, and we work with our clients to arrange cover that reflects the way they operate,” added Collyear.

Our experts understand that every vehicle and business has its own unique story, and the insurance should reflect that. The cover includes comprehensive worldwide transit, no inner limit or ceiling for individual vehicle and location values and £10,000,000 public liability cover as standard.