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Motor Insurance Database

22 January 2019

It is vitally important that you remove a car from the Motor Insurance Database when it has been disposed of or if it is in the hands of another motor trader. We have had several substantial claims on cars which have been involved in accidents after the trader has sold the car but not taken it off the MID.

The cars were uninsured by their drivers and because the cars were still showing as being insured by Ageas on the database they have had to pay and the result can be a substantial Third Party claim going onto the traders record and affecting his future premium.

Similarly, if you are likely to have a car in your custody for 7 days or more you should put it on your MID to show that it is insured.

At Classic Insurance Services, we always like to keep up with the latest news so we can provide the best insight and knowledge to our clients.

Click on the news articles below to find out more.

23 March 2022

Classic Insurance Services Launches New Website

We are pleased to announce the launch of our new website, designed for our clients and partners. We have continued to grow from strength to strength within the classic...

1 March 2022

Classic Insurance Services in new partnership with First Underwriting

Classic Insurance Services (CIS), the specialist insurance provider for high-value vehicle collections as well as classic and specialist motor trade; has announced a new partnership with the specialist MGA,...

10 June 2021

Honourable Artillery Company (HAC)

It was so great to meet many of our clients in person again, at the London Concours Event this week. Once again, we had a stand at this event,...

Speak to Classic Insurance Services today

020 7655 8040

allcis@classicsltd.co.uk

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