As classic vehicles are a source of pleasure and pride for their owners, Union Insurance Company has collaborated with Clements Worldwide to launch Driven ® , the first comprehensive bespoke insurance solution for classic and future classic cars in the UAE
Owners of standard classic cars, sports cars, kit cars, limited edition cars and restored cars, of over 10 years of age, can obtain much needed insurance coverage for their valued vehicles.
Abdul Muttaleb Al Jaedi, Managing Director and Chief Executive Officer, Union Insurance Company, said, “We are proud to be once again launching a first in the UAE that aims to provide our customers with peace of mind and ensures their valuables are adequately protected.”
Much-loved vehicles deserve to be driven, not locked away in a garage. Now owners can be confident that they are fully protected every time they get behind the wheel.
“Classic vehicle owners in the UAE have faced difficulty finding coverage and high premiums when insuring their investments against physical damage, third-party liability and other risks,” said Dan Tuman President of Clements Worldwide. “Driven’s coverage provides owners, including collectors, a way to enjoy their vehicles with peace of mind at a reasonable cost.”
Since there is no depreciation applied to the agreed value of a vehicle, Driven is perfect for fully insuring vehicles that hold or appreciate in value. There are also discounts for reduced mileage, multiple vehicles and members of recognised owners clubs.
Driven® is the only classic vehicle coverage in the UAE with the security of Lloyd’s of London. To learn more and obtain a quote, visit:www.driveninsurance.ae
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