How much does Supercar Insurance Cost?
High performance cars with powerful engines will always have high running costs. Our clients can afford the expense but still want the best value insurance quotes available to them. Premiums may be high, but the peace of mind from a comprehensively covered vehicle is priceless.Your driving history and the car’s insurance group will ultimately dictate the premium you pay; a ballpark figure is roughly 1% to 1.5% of your car’s annual insured value. It’s important however to consider the following factors as they determine how high your insurance quote will be. These factors include:
Driver’s age and history
As with any private car insurance policy, a clean driving history and no claims bonus will reduce insurance premiums. Performance car insurance for young drivers under 25 is pricey but possible.
Modifications
Is your car different to its factory standard, including cosmetics? They increase the value to replace which impacts your premium.
Repairs
Is using genuine parts at a specific garage a must, or do you want value by repairing your vehicle with non-branded parts anywhere?
Limited Mileage
Insurers offer favourable rates if the car is driven less than about 5,000 miles and is a second car.
Security
Greater risk of vandalism or theft means devices like immobilisers or steering locks as well as a secure overnight parking space can reduce insurance costs.
Extra cover that is chargeable but may be particularly critical to a supercar policy that allows full enjoyment of your ride includes:
Agreed value cover
Not all cars the same make and age are the same value. Make sure an agreed policy is the best option for your vehicle.
Concourse and European cover
If exhibiting, you may need to transport your car round the UK or in Europe and may require specific insurance.
Track day cover
Driving your supercar at full speed legally is a true joy which many standard policies specifically forbid.
Salvage cover
In the tragic event that your car is involved in an accident and a write off, it can be prudent to have salvage retention cover which lets you reclaim the reusable parts when legal to do so.
Extra cover that is chargeable but may be particularly critical to a supercar policy that allows full enjoyment of your ride includes:
We protect the following high performance luxury vehicles
Supercars
Aston Martin DB9, DBS, Vantage
Supercar Insurance for Young Drivers
Signature Insurance for your Supercar Insurance
When it comes to safeguarding your car, why settle? Ditch the comparison sites and dive into a world of custom-made coverage with us. Call us today to discussing your car collection with an experienced advisor.
We offer top-notch protection for your prestigious wheels. Our approach always ensures top-tier cover. When it comes to safeguarding your top of the range sportscar, why settle? Ditch the comparison sites and dive into a world of custom-made coverage by speaking to one of our specialist advisors today.
FAQ’s
What is supercar insurance?
You should tell your insurance company about ANY changes made to your vehicle if they are different to the factory standard.
How much is insurance for a UK supercar?
You should tell your insurance company about ANY changes made to your vehicle if they are different to the factory standard.
Can a new driver get insured on a supercar?
You should tell your insurance company about ANY changes made to your vehicle if they are different to the factory standard.
Will a car Tracker cut my Insurance cost?
You should tell your insurance company about ANY changes made to your vehicle if they are different to the factory standard.
Can I get a Discount for Insuring Multiple Supercars?
You should tell your insurance company about ANY changes made to your vehicle if they are different to the factory standard.
Does High-Performance Car Insurance Cost More?
You should tell your insurance company about ANY changes made to your vehicle if they are different to the factory standard.
Can a Supercar Insurance Broker Save Me Money?
You should tell your insurance company about ANY changes made to your vehicle if they are different to the factory standard.