With the country in a never-before seen period of lockdown, Club partners Lockton Performance have compiled a list of frequently asked questions for what this could mean for the insurance cover of your Porsche.
Lockton Performance are one of the leading suppliers of insurance to the prestige and classic car market. As the world's largest privately owned independent insurance broker they are able to offer highly competitive policies specifically for Porsche Club members for car and home insurance cover.
Is my car insured if I drive it at the moment?
The simple answer is YES. However, the government rules state that journeys should be for essential trips only and whilst we appreciate that it's frustrating not to be able to get out there for a drive, we must follow these rules to ensure that we all remain healthy during this period.
Can I reduce the mileage if I have a limited mileage policy?
Of course. Just speak to your usual contact to discuss any change to mileage limits
Should I reduce my cover to “laid up” while my car remains garaged?
This is an option although it's impossible to say at this point how long the lockdown might last. The situation is changing daily and it's unlikely that your premium would alter very much were this to change in a matter of weeks.
Will my car still be insured while it's kept in my garage for an extended period?
Absolutely. In insurance-speak, the current situation is similar to the winter months, when many cars are taken off the road. Your policy conditions remain unchanged as regards your car also being in a state of lockdown.
Will my insurer's financial position be impacted by this situation?
We can't at this stage provide any definitive answers. However, Lockton carefully monitor the financial strength and stability of every insurer with whom we work. Axa are an exceptionally stable insurer and we have no hesitation in continuing to work with to provide the best insurance solutions for your car.
Will I remain insured if my MOT expires?
The government announced an extension to any MOT which runs out during the current lockdown period, of up to 6 months. Your insurance policy states that your vehicle must be kept in a roadworthy condition at all times so you will continue to be insured, providing that this condition can be satisfied. If you are in any doubt as to whether your vehicle meets this condition, then you must not drive it until it can be assessed by a suitable garage and an MOT issued, once the lockdown situation is relaxed.
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