Lotus Classic Car Insurance

Lotus Classic Car Insurance

With the Lotus Elise being one of the most iconic sports cars on the market, it’s no surprise that so many drivers are interested in securing comprehensive insurance coverage.

Fortunately, there are specialised insurance companies like Lancaster Insurance Services that offer coverage for classic cars such as the Lotus Elise, so drivers can get the coverage they need.

Below, we’ll discuss the factors that affect Lotus Elise insurance rates and provide some tips for lowering your Lotus Elise insurance costs as well.

Introduction to Lotus Elise Insurance Coverage

Whether you’ve just bought your first Lotus Elise or you’ve been driving one for years, it’s important to make sure you have the right insurance coverage for your needs.

Unfortunately, getting comprehensive insurance coverage for a classic Lotus Elise may be difficult, as some insurance companies may not offer specialised coverage for these cars due to their age, modifications, and other factors.

Fortunately, Lancaster Insurance Services may provide cover for your Lotus classic car as we specialise in providing insurance coverage for classic and vintage vehicles, so you can rest assured that you’ll likely be able to get the specialised coverage that suits your requirements.

What to look for in a Classic Lotus Elise insurance policy

When it comes to finding the right insurance policy for your classic Lotus Elise, there are a few things you should keep in mind.

First, you may want to consider a policy that covers both damage and theft, as this will help to protect your car in the event of an accident, this is typically known as comprehensive cover.

Additionally,  you may also want to look at a policy that covers any modifications you’ve made to your car, as these can often be excluded from standard policies. Here at Lancaster, we pride ourselves on offering specialist insurance for classic cars and we know that modifications are part and parcel in the classic car world.

If you have modified your classic car in any way, please get in touch with one of our insurance specialists either through our website or over the phone by calling 01480 484 826.

What does Lotus Classic car insurance cover?

Lotus Classic Car Insurance provides comprehensive coverage for your Lotus Elise. When taking out an insurance policy with Lancaster Insurance Services for your one (or many) classic Lotus cars, you can benefit from the following features *subject to approval.

Lotus insurance benefits with Lancaster

  • Modified Car Insurance
  • Multi-Vehicle Insurance
  • Wedding Car Insurance available
  • Car Club member discounts
  • Static Show Cover
  • Historic Rally Cover
  • Choice of repairer
  • Salvage Retention
  • Free EU cover up to 90 days
  • Two Year Agreed Valuation available for £18
  • Laid Up Cover Available
  • 24 Hour Claims Helpline
  • UK Based Call Centre
  • Limit Mileage Discounts

Lancaster is the insurance broker of choice for classic car owners providing cover for over 88,000 classic cars (as of May 2019).

We arrange classic car insurance for over 40% of all MG Bs on the road and over 30% of all Land Rover 88s and MG Midgets – proving that classic car owners place their trust in us.

At Lancaster Classic Car Insurance, we aim to find the best price for your individual cover needs. We appreciate the importance of recognising the true value of your classic car and our team will be happy to talk to you through our benefits, such as agreed valuations and salvage retention.

We will offer you a tailored policy, bespoke to your requirements – this can include cover for:

Lancaster Insurance is committed to supporting the classic car clubs.

Owners club members may enjoy discounts of up to 25% off their insurance premium (the level of discount offered by each insurer differs and is subject to underwriting criteria).

Some of the classic car clubswe currently partner with include MG Owners ClubMX5 Owners ClubVW Golf MK1 Owners Club, VW T25 Club and many more.

If your club isn’t on our Classic Car Club page or wish to partner with Lancaster Insurance please call 01480 220065 or visit our Classic Car Club page for more details.

At Lancaster we understand that not every situation is the same, especially when it comes to Classic Cars.

That is why in addition to our Lancaster Classic Car insurance, we also can arrange the below:

  • Modified Classic Car Insurance
  • Multi-vehicle Insurance
  • Wedding Car Insurance
  • Limited Mileage Insurance
  • Laid Up Cover
  • Two Year Agreed Valuation

If you would like to know more details regarding the above offers, please call us on please call us on 01480 484826 or click here and we’ll call you back at a time that’s best for you.

Are you passionate about Classic Cars?

Here at Lancaster, we not only provide Classic Car Insurance but we’re constantly looking for ways to support the Classic Car community at events, sponsorship's, giveaways and sharing care tips for classic vehicles.

We’ve partnered with the team at Meguiar’s to showcase one of their awesome products each month.

This time we’re featuring the Meguiar’s Ultimate Snow Foam contains a specialized Xtreme Cling foaming action that delivers an intense foam that sticks and clings to painted surfaces gently loosening road grime, dirt and contaminants.

Fine-tuned to carefully and thoroughly clean coated, waxed or sealed finishes while preserving protection and leaving a brilliant, swirl-free shine.

We will listen to your requirements for cover, and discuss the best options with our panel of expert underwriters, to see if we can cover your cherished vehicle.

Call our specialist team on 01480 484826 or we’ll call you back at a time that’s best for you and let Lancaster Insurance help you.

In May 2018 the Department for Transport announced that cars that were built more than 40 years ago exempt from MOT testing, with the option for owners to voluntarily have their car tested if they feel it needs checking.

Factors that may affect Lotus Elise insurance rates

When it comes to finding the right insurance policy for your classic Lotus Elise, there are several factors that can affect your insurance rates.

Classic car insurance is typically cheaper than 'normal' car insurance primarily due to classic car owners using their beloved vehicles less often than a daily commuter.

If your car is 15 years or older and has a market value of over £15,000, you may want to consider taking out classic car insurance policy rather than standard car insurance.

Factors that may affect your insurance rate/cost

  • Driving record
  • Age of your car
  • Mileage requirements

For more information on what may affect the cost of your Lotus insurance, please get in touch with one of our insurance specialists either through our website or over the phone by calling 01480 484 826.

Finding the right Classic Lotus Elise insurance for you

When it comes to finding comprehensive insurance coverage for your Lotus Elise, you’ll want to make sure you choose the right policy.

With Lancaster Insurance Services' specialised coverage, and knowledgeable customer service team, we use our wealth of experience and knowledge of the industry to provide you with a quote for most classic cars available.

To speak to a member of our specialist customer service team call 01480 484826 or we’ll call you back at a time that’s best for you. With the right policy, you can rest assured that your vehicle will be properly protected.