BUSINESS USE OF A CLASSIC CAR

Using your classic to earn a few extra pennies can have implications for your insurance.

The good news is that many brokers allow a small amount of paid work as part of a typical policy, though you need to be clear about where the limits lie.

Wedding bells

Most classic car owners will be asked to involve their car in a wedding at some point. If you’re doing it as a favour to a friend or family member, that’s fine – its included in the ‘social, domestic and pleasure’ category of use.

The crucial phrase is ‘For hire or reward.’ In other words, if you get paid for it, you need to tell your insurers. But don’t assume it will cost you extra.

‘You can extend your policy to cover you for a small number of paid weddings every year,’ says Andy Fairchild of Footman James.

‘We offer free cover for ten paid weddings a year, but even paying a small fee to extend the cover is usually worthwhile. You’ll need to notify the insurer in advance of each wedding to make certain that cover is in place.’

For those whose hobby is turning into a fully-fledged business, there are separate wedding hire business policies.

On film, on screen or a night on the town?

Insurers find it very difficult to cover TV and film shoots.

‘It’s usually impossible to predict the exact circumstances, or what you’ll be required to do with your classic,’ says Andy Fairchild. ‘Therefore we can’t often cover it. Neither do we cover still photography, for example for fashion shoots – there are too many unknown factors.’

Ask the producer or the agency that books you to show evidence of their own insurance before agreeing to any filming work with the car, as it’s the only way you’re likely to be covered.

‘School proms are normally excluded too,’ says Mark Wilkinson, Managing Director of Heritage Classic Car Insurance. ‘That extends to other paid hire work like birthday outings or any other special occasions.’

This isn’t insurers being awkward, it’s due to the law: with the exception of wedding and funeral use, cars and drivers must both be specially licensed by local authorities for paid carriage of passengers.

Any other business? Beware of using your classic for occasional work trips. It might seem insignificant, but it needs specific cover if it falls outside the definition of Social, Domestic and Pleasure. Mark Wilkinson has an example:

‘A teacher may need to go to another school for a meeting, which would need class one business use. We can normally cover this for a small additional premium.’

There’s better news for occasional autojumblers. If you use your classic to transport goods to a show to sell them, it only counts as business use if this trade is your main occupation. For casual participants, it’s sensibly regarded as falling under the heading of ‘pleasure.’

Recently Added

Audi 11 no1Sponsored Ad
2008
£11,250
TTS TFSI QUATTRO
  • 53,000
  • Transmission 69197354786223e29b85070a0695cc247a4c2b215c743673c2d02e864b4cd687 Manual
  • Steering ca68a9643bbb915d30839040f432af59e679db8cf98e23a4378cbef2ed805059 RHD
  • Refcode: TA1099335
2008 58 AUDI TT 2.0 TTS TFSI QUATTRO 2d 272 BHP
3
01733 465212
View details
Audi a5 no1Sponsored Ad
2008
£11,750
S5 V8 QUATTRO
  • 86,337
  • Transmission 69197354786223e29b85070a0695cc247a4c2b215c743673c2d02e864b4cd687 Manual
  • Steering ca68a9643bbb915d30839040f432af59e679db8cf98e23a4378cbef2ed805059 RHD
  • Refcode: TA1096116
2008 58 AUDI A5 4.2 S5 V8 QUATTRO 2d 354 BHP
3
01733 465212
View details
1Sponsored Ad
2011
£12,750
2.0 TTS TFSI Quattro
  • 105,000
  • Transmission 69197354786223e29b85070a0695cc247a4c2b215c743673c2d02e864b4cd687 Automatic
  • Steering ca68a9643bbb915d30839040f432af59e679db8cf98e23a4378cbef2ed805059 RHD
  • Refcode: TA1094269
2011 61 AUDI TT 2.0 TTS TFSI QUATTRO S LINE BLACK EDITION 2d AUTO 268 BHP
7
01733 465212
View details
1Sponsored Ad
2012
£12,990
2.2D Premium Luxury
  • 46,400
  • Transmission 69197354786223e29b85070a0695cc247a4c2b215c743673c2d02e864b4cd687 Automatic
  • Steering ca68a9643bbb915d30839040f432af59e679db8cf98e23a4378cbef2ed805059 RHD
  • Refcode: TA1094271
2012 61 JAGUAR XF 2.2 D PREMIUM LUXURY 4d AUTO 190 BHP
8
01733 465212
View details
1Sponsored Ad
2009
£13,750
3.6 TDV8 SE
  • 108,000
  • Transmission 69197354786223e29b85070a0695cc247a4c2b215c743673c2d02e864b4cd687 Automatic
  • Steering ca68a9643bbb915d30839040f432af59e679db8cf98e23a4378cbef2ed805059 RHD
  • Refcode: TA1094261
2009 09 LAND ROVER RANGE ROVER 3.6 TDV8 VOGUE SE 5d AUTO 272 BHP
5
01733 465212
View details
Jaguar xf no1Sponsored Ad
2014
£14,490
D R-SPORT
  • 74,973
  • Transmission 69197354786223e29b85070a0695cc247a4c2b215c743673c2d02e864b4cd687 Automatic
  • Steering ca68a9643bbb915d30839040f432af59e679db8cf98e23a4378cbef2ed805059 RHD
  • Refcode: TA1095714
2014 64 JAGUAR XF 2.2 D R-SPORT 4d AUTO 200 BHP
3
01733 465212
View details
Bmw 5 seriesSponsored Ad
2013
£17,250
530D M SPORT TOURING
  • 74,500
  • Transmission 69197354786223e29b85070a0695cc247a4c2b215c743673c2d02e864b4cd687 Automatic
  • Steering ca68a9643bbb915d30839040f432af59e679db8cf98e23a4378cbef2ed805059 RHD
  • Refcode: TA1096115
2013 63 BMW 5 SERIES 3.0 530D M SPORT TOURING 5d AUTO 255 BHP
3
01733 465212
View details
1Sponsored Ad
2016
£18,490
2.0 120D M-Sport
  • 18,500
  • Transmission 69197354786223e29b85070a0695cc247a4c2b215c743673c2d02e864b4cd687 Automatic
  • Steering ca68a9643bbb915d30839040f432af59e679db8cf98e23a4378cbef2ed805059 RHD
  • Refcode: TA1094230
2016 16 BMW 1 SERIES 2.0 120D M SPORT 5d AUTO 188 BHP
7
01733 465212
View details
Bmw 3 series no1Sponsored Ad
2015
£20,250
335D M SPORT
  • 27,640
  • Transmission 69197354786223e29b85070a0695cc247a4c2b215c743673c2d02e864b4cd687 Automatic
  • Steering ca68a9643bbb915d30839040f432af59e679db8cf98e23a4378cbef2ed805059 RHD
  • Refcode: TA1095721
2015 15 BMW 3 SERIES 3.0 335D M SPORT 4d AUTO 302 BHP
3
01733 465212
View details
1Sponsored Ad
2012
£21,990
4.7 CGI
  • 37,500
  • Transmission 69197354786223e29b85070a0695cc247a4c2b215c743673c2d02e864b4cd687 Automatic
  • Steering ca68a9643bbb915d30839040f432af59e679db8cf98e23a4378cbef2ed805059 RHD
  • Refcode: TA1094219
2012 12 MERCEDES-BENZ S CLASS 4.7 S500 CGI L 4d AUTO 435 BHP
7
01733 465212
View details
See All Classic Cars for Sale