Classic car and motorcycle enthusiasts will now be able to combine all their motor policies together under a new scheme from specialist Lloyd's motor insurer KGM.
The company has devised 2INFINITY, a policy that permits the holder to include all vehicles under one policy.
It means the policyholder has only one set of documents to look after, one renewal, and one direct debit to arrange.
For the broker it means only one key facts sheet to issue and just one Motor Insurance Database (MID) submission, said KGM
Robin Mellish, business development manager at broker-only insurer KGM, said: “It's a win-win for policyholder and broker.
“There are similar products on the market, but none that also has the flexibility to include classic cars and motorcycles as well as some light commercial vehicles.”
Other benefits of 2INFINITY include bonus or flat rated policies, the ability to add vehicles mid-term and a bespoke 24 quotation service, said the company.
The policy can also cater for different cover levels and driver options for each vehicle.
