16 Sep 2008

Car insurance firm Admiral is offering discounts for customers with more than one car as part of its Multi Car offering.

The product offers discounts for households with between two and five vehicles, and has now been extended to provide cover for cars that are over 30 years old.

Sue Longhorn, managing director of Admiral, said many of its customers have a classic car which they "drive for fun" but up until recently the firm was not able to insure them if the cars were over 30 years old.

The firm is now offering discounts on car insurance for drivers who own luxury cars, such as Aston Martins and Porsches, she explained.

"We have been able to reduce premiums for these cars because their owners have proved to drive particularly carefully, and have a relatively low accident record," Ms Longhorn added.

In related news, Tesco recently urged those who make modifications to their vehicles to make sure they inform their insurance company.

Failing to do so could void policies if a claim is made, it warned.

Source:  http://www.beatthatquote.com/