Prestige Motor Insurance

Helping you find the right insurance for your prestige or cherished cars.

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Finding the right insurance for prestige cars can be a time consuming, frustrating process. It’s possible to spend hours searching online and still end up with limited options - often expensive covers that are hard to compare.

Specialist covers can be difficult to understand, often their warranties and conditions are best understood and explained by insurance experts.

At Stonebridge, we offer all our high and mid net worth clients help with their personal insurance needs as well as their business cover. 

Standard Covers

  • Comprehensive - accidental damage, fire & theft, windscreen.

Optional Covers

  • Annual wedding hire cover in respect of cherished cars.

  • Breakdown cover.

  •  High net worth household cover.

Motor Cover for High Net Worth Clients

We're here to take on the hard work of finding the right policy to cover your prized vehicles, explaining the options to you in plain English so you can make an informed choice.

The end result will be insurance you can be confident in - comprehensive cover for you and your family without the need to spend hours searching online.

You’ll get cover that’s tailored to you. That could include specialist extras like replacement lock cover. continental use, cherished number plate cover and reinstatement repair - and a policy that’s written on an agreed value basis to eliminate any nasty surprises if you need to make a claim.

Similarly through our relationship with Marsh, a global leader in insurance broking and risk management, we can offer access to enhanced policy wordings that may not be available from other brokers.

Related FAQs

See all FAQs

How much cover would be needed for keyman insurance?

This would depend on your specific business needs which we would discuss together. This could be a multiple of profits, a multiple of salary or turnover. Your accountant would be able to provide this information to you.

How do I know how much shareholder cover is needed?

We recommend you speak to your accountant who will help to establish the value of the business. The amount of cover should equal the market value of each owner’s share of the business.

What is keyman insurance?

It is a life insurance where critical illness cover can also be included to protect your business against the loss of profit should a key employee pass away or be diagnosed with a critical illness. You can also protect against the loss of a key employee to protect a debt, and it could also help towards the costs of employing and training new personnel.

Who could be classed as a key employee?

Key employees can be regarded as individuals whose knowledge, skills, experience, key relationships or leadership are very important to a business’ future financial success. These can be a senior manager, top sales person, technical specialist, business founder.

What is shareholder protection?

Shareholder protection is a life or life and critical illness policy that will pay out a lump sum that the remaining shareholders use to purchase the deceased shareholders shares from their estate.

Who should consider a relevant life policy?

Directors could take out the cover to provide a ‘death in service’ benefit, without having to take out a scheme to cover all employees. It helps to retain employees and ensure should the worst happen, their loved ones are financially cared for.

What is a relevant life policy?

It is a term assurance available for employers to provide employees with a ‘death in service’ benefit. It provides a lump sum payment on death and there can be many tax advantages to both the employer and employee for this type of policy.

What are the benefits of a relevant life policy?

No National Insurance contributions on premiums and corporate tax relief for the business itself. For their employee there will be no National Insurance contributions on premiums or benefits. The benefits are not taxed as a benefit in kind and importantly the benefits do not count towards annual or lifetime allowances tax benefits.

Who can take out a relevant life policy?

UK resident businesses. These businesses can be a limited companies, a limited liability partnership or sole trader. Company directors can take out cover with the limited company paying for this.

How much does keyman cover cost?

The cost would be dependent on the amount and term of the cover, age, smoking status. Please contact us for a personalised quote.

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