FOOTMAN JAMES ANNOUNCES NEW RESTORATION, STORAGE & TRANSIT INSURANCE POLICY

FOOTMAN JAMES ANNOUNCES NEW RESTORATION, STORAGE & TRANSIT INSURANCE POLICY

One of the UK’s leading specialist vehicle insurance brokers, Footman James, has created a policy aimed at enthusiasts who are restoring or storing their classic vehicle.

Through their close relationship with classic vehicle clubs, partners and enthusiasts, Footman James has identified the need for a bespoke restoration and storage policy that goes beyond simple off-road or laid up cover

The Restoration, Storage & Transit insurance policy from Footman James provides third-party cover to a vehicle while it’s in the garage, in transit to or from a restorer, at a race preparation facility, competition or exhibition.

This policy has been built with the classic enthusiast in mind with salvage retention and cover for tools up to the value of £250 included as standard. Customers will also be able to take advantage of selected FJ+ optional extras.

FJ+ allows customers to build a policy tailored to their specific needs by choosing from a range of additional cover benefits. For the Restoration, Storage & Transit policy, these include:

• Agreed Value- Customers can increase the value of their vehicle twice within a policy yearwith no admin charges, offering peace of mind to those adding expensive new parts to their vehicle when undertaking restoration work.
• Spare Parts– Customers can choose to cover a vehicle’s spare parts and accessories up to the value of £2,000, £5,000 or £10,000. With each option, cover is also provided for spare parts and accessories taken away from the home temporarily up to the value of £2,000.

Plus, holders of this policy can cover a mix of vehicles, both classic and modern, up to the value of £50,000.

David Bond, Managing Director at Footman James, commented: “Feedback from our customers was instrumental in creating the Restoration, Storage & Transit policy. Restoring a classic vehicle can be an expensive labour of love, and it’s not unusual to see a classic vehicle increase in value many times during the length of the work. With our new policy, customers can be confident that they can get cover for the true value of their vehicle if the worst should happen mid-project.”

For further information about Footman James please contact 0333 207 6000 or visit www.footmanjames.co.uk.