CourseRestoration & Classics Applications open

Insurance Course for Classic Collections

Online course of 300 h in insurance for classic car collections. 6 modules covering Ley 50/1980 de Contrato de Seguro, Ley 20/2015 (regulation and supervision of insurance undertakings) and advanced Excel. Assigned tutor and enrolment open.

Duration300 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute certificate
Virtual lab · try it before you enrol

Take the controls.

Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.

SIM · LIVE ●
Learning outcomes

What you will be able to do

01

Analyse the insurance needs of a classic vehicle collection.

02

Apply valuation methods for insurance purposes.

03

Compare the cover, excesses and conditions of collection policies.

04

Meet the safety requirements imposed by insurers.

05

Manage a claim from notification to settlement.

06

Optimise the cost of a collection's insurance programme.

07

Design the insurance strategy for a specific collection.

Profile

Who it's for

  • Collection insurance broker looking to specialise in Insurance for Classic Collections.
  • Vehicle risk underwriter for collector cars looking to specialise in Insurance for Classic Collections.
  • Wealth manager for collectors looking to specialise in Insurance for Classic Collections.
  • Expert valuer of classic vehicles looking to specialise in Insurance for Classic Collections.
  • Claims handler looking to specialise in Insurance for Classic Collections.
  • Risk management consultant looking to specialise in Insurance for Classic Collections.
  • Engineering or science graduates looking to enter insurance companies.
Standards & tools

What you'll work with

  • Ley 50/1980 de Contrato de Seguro
  • Ley 20/2015 (regulation and supervision of insurance undertakings)
  • Real Decreto-ley 3/2020 (insurance distribution)
  • Real Decreto Legislativo 8/2004 (civil liability and insurance in road traffic)
  • EN 50131-1 (intruder alarm systems)
  • EN 54 (fire detection and fire alarm systems)
  • ISO 31000 (risk management)
Syllabus

6 modules · 300 h

  1. 1.1Difference between insuring a vehicle and a collection
  2. 1.2Covered and uncovered risks
  3. 1.3Policy types on the market
  4. 1.4Declared use and limited mileage
  5. 1.5Vehicles under restoration
  6. 1.6Unregistered vehicles
  7. 1.7Collection parts and spares
  8. 1.8Premises and contents
  9. 1.9The role of the specialist broker
  10. 1.10Workshop: insurable inventory of a collection
  1. 2.1Agreed value versus market value
  2. 2.2Professional valuation and its validity
  3. 2.3Documentation supporting the value
  4. 2.4Periodic updating of values
  5. 2.5Unique vehicles and their valuation
  6. 2.6Underinsurance and the proportional rule
  7. 2.7Overinsurance and its uselessness
  8. 2.8Value of parts and tooling
  9. 2.9Valuation report
  10. 2.10Practice: valuation file for a collection
  1. 3.1Own damage and civil liability
  2. 3.2Fire, theft and natural events
  3. 3.3Damage during transport
  4. 3.4Participation in events and gatherings
  5. 3.5Driving by third parties
  6. 3.6Track use and its exclusion
  7. 3.7Total loss and its settlement
  8. 3.8Excesses and limits
  9. 3.9Depreciation clauses
  10. 3.10Practice: critical reading of a policy
  1. 4.1Conditions of the storage premises
  2. 4.2Security and alarm measures
  3. 4.3Fire protection
  4. 4.4Inventory and documentation
  5. 4.5Declaration of use and drivers
  6. 4.6Insurer inspections
  7. 4.7Notification of changes
  8. 4.8Non-compliance and its consequences
  9. 4.9Negotiating requirements
  10. 4.10Practice: adapting a facility to the policy
  1. 5.1Immediate action after damage
  2. 5.2Notification and deadlines
  3. 5.3Claim documentation
  4. 5.4Loss adjustment and disagreements
  5. 5.5Choosing the repair workshop
  6. 5.6Repair with original parts
  7. 5.7Total loss and the fate of the vehicle
  8. 5.8Recovery of a stolen vehicle
  9. 5.9Legal proceedings
  10. 5.10Practice: claim simulation
  1. 6.1Insurance cost and its optimisation
  2. 6.2Sharing between several insurers
  3. 6.3Partial self-insurance and its risk
  4. 6.4Annual review of the programme
  5. 6.5Coordination with the risk plan
  6. 6.6Liability insurance for visitors
  7. 6.7Insurance for own events
  8. 6.8Common mistakes made by collectors
  9. 6.9Documented real cases
  10. 6.10Final project: insurance programme for a collection
Methodology, software & labs

How you'll learn

100 % online training on the SEIUM Institute campus, with downloadable material, recorded classes and an assigned technical tutor. No fixed timetables: students progress at their own pace within the intake, so it can be combined with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is advanced Excel, Power BI, Collectors Garage, Salesforce Financial Services Cloud, in free, academic or evaluation versions. The tests are studied using real procedures for inventorying and valuing a collection, risk inspection of a garage and comparative analysis of policies. Assessment is continuous by module, plus the final integrating project.

Accredited laboratories(EN ISO/IEC 17025) with a rotor test bench, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-focused Master's Thesis:safety case, test plan, compliance dossier and operational limits.
Industry mentoring:lecturers with experience in training, , eVTOL/UAM and flight test.
Flexible format(hybrid/online), international cohorts and support from SEIUM Career Services.
Ethics and safety:a safety-by-design approach, ciber-OT, DIH and compliance as its pillars.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Insurance cost and its optimisation

Analyse the insurance needs of a classic vehicle collection.

Sharing between several insurers

Apply valuation methods for insurance purposes.

Partial self-insurance and its risk

Compare the cover, excesses and conditions of collection policies.

Annual review of the programme

Meet the safety requirements imposed by insurers.

Coordination with the risk plan

Manage a claim from notification to settlement.

Career opportunities

Where this takes you

Collection insurance brokerVehicle risk underwriter for collector carsWealth manager for collectorsExpert valuer of classic vehiclesClaims handlerRisk management consultant
Admissions & scholarships

Requirements

  • No prior qualification is required.
  • Internet connection and a computer capable of running the programme's software.
  • Sufficient level of Spanish to follow technical regulatory texts.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

FAQ

Frequently asked questions

The programme totals 300 hours, spread over 3 to 5 months. That amounts to an average of 10 to 15 hours per week, compatible with a full-time job.

You work with advanced Excel, Power BI, Collectors Garage, Salesforce Financial Services Cloud. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.

A SEIUM Institute own diploma upon passing the continuous assessment and the integrating project. It is in-house training, not an official title from the Ministry.

Yes. Modules passed in a course or Postgraduate Diploma in the same area are credited towards the higher programme. Check the recognition policy when you enrol.

Insurance Course for Classic CollectionsEnrol
Scroll to Top
SEIUM – Institute of Advanced Engineering
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.