Whether you own a single limousine or a fleet, it’s essential that you take out specialized cover that will protect you for all the unique risks that come with driving such a vehicle.
Some of the key benefits of getting limousine insurance quotes online are:
- Quick and easy quotes
- Policies tailored to your needs
- Multiple payment options
- Easy claims procedure
A guide to limousine insurance
Limousine businesses come with a lot to think about, and one of the most important aspects of running your business successfully is ensuring that the vehicles you rely on are properly protected. Unlike regular cars, limousines are specialist vehicles and therefore require specialist cover.
Below you can find more information on limousine insurance, including the type of limousine insurance you can get, what you can expect to pay, and some great ways to save money when taking out cover. If you already know what you’re looking for, then you can get quotes now by clicking the green button.
Did you know?
You can get cover for all types of limousines, including classics and imports.Types of limousine insurance cover
Limousines aren’t your everyday type of vehicle, and because of this, there are some special types of cover you can get in addition to standard road risks cover (third party, fully comprehensive, etc.). Some of the main types of cover you can find on a limousine insurance policy are:
- Agreed value – Limousines don’t always have a clear market value, especially classic or imported vehicles, so it’s often a good idea to agree on a valuation with your insurance provider, so if one of your vehicles was written off, you’d be compensated the correct amount.
- Limited mileage – Your limousine might only be used on certain days or at certain times of the year. If this is the case, then you can lower costs by getting a limited mileage policy.
- Classic & custom cover – There are plenty of classic and custom-built limousines on the market, and these can be hard to insure under a regular policy, but there are plenty of providers who will offer special cover.
- Regular and infrequent hire cover – You can tailor your policy so it includes just the level of cover you need, depending on how often your limousines are hired out.
- Limousine fleet insurance – When you have multiple limousines to insure and you want to have them all under the same policy, fleet insurance is the ideal option and often works out cheaper than getting individual policies.
How much does limousine insurance cost?
The cost of limousine insurance can vary a lot since it depends on numerous factors. Below are some of the main ones that insurance providers take into account:
- The number of vehicles – The number of limousines you have to insure will, of course, have a big impact on how much you pay for cover.
- Named drivers – The named drivers on the policy will play a big role too. This is why it’s usually better to hire older and more experienced drivers.
- Usage – How the limousines are used and how often will also be taken into account.
- Level of cover – The number of cover options on your policy will impact its cost also.
- Payment method – You can choose to pay monthly or annually for limousine insurance. The latter usually allows you to make a good overall saving.
Did you know?
Shopping around for quotes is one of the best ways to save money on limousine insurance.What are some ways to save money on limousine insurance?
A few good ways to save money on limousine insurance include:
- Increase excess – You can increase what you would pay towards a claim in order to lower your premium.
- Get a limited mileage policy – Getting a limited mileage policy is another good way to lower costs.
- Shop around – You should always shop around to make sure you get the best deal possible.
In summary: Buying limousine insurance
Running a limousine company is a lot of responsibility, and one of the major things that you need to take care of is getting insurance for your vehicles at the most competitive price. Luckily, it’s now easier than ever to get tailored limousine insurance quotes.
Get tailored limousine insurance quotes now!
To get limousine insurance quotes that are tailored to your needs now, simply click the green button.
Limousine Insurance FAQs
Is it possible to get cover for all types of limousines?
Yes most insurance providers will cover most types of limousines but rarer models, such as classics and imports might cost more to insure.
What is the best type of policy to get?
This will very much depend on the nature of your business i.e. how the vehicles are used, how many limos you have and what they’re used for.
How much will it cost?
This will depend on various factors but the major ones are the number of limos being insured, their value, where your business is based and what level of cover you take out.