The R8 is a two-seat mid-engined sports car that covers few kilometres; here the discussion is not about the premium but about where and by whom it may be driven.
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Work out for yourself what it would cost.
Enter your details; you will receive a proposal within one working day.
We compare the offerings of several insurers
An adviser checks whether the cover suits your situation
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
In brief
An R8 has the engine behind the seats, a spaceframe of aluminium and carbon, and a ground clearance that is already a problem on a driveway. Almost no owner drives one every day. The car is kept indoors, comes out in the season and covers less in a year than an average family car does in a month. That pattern of use shapes the whole policy: a low mileage band, a storage requirement and a value that does not simply come from a table.
Two uses cost you the cover here. The first is the track. Driving on a circuit, on a taxiway or during a tuition or track day is excluded under virtually all conditions, even without timing. The second is lending the car for payment: an R8 is fairly regularly used for driving experiences and wedding transport. That is letting and falls outside a private policy, even if it is only a single trip.
For the value we work with an agreed valuation on cars like these. Article 7:960 DCC limits the payment to the loss suffered. A value fixed in advance prevents you from having to negotiate about it only after a claim. You can read more about this category under insuring luxury cars.
The structure of the cover in three parts, with an overview per situation below.
Compulsory
Third-party liability
Damage you cause to others.
Required by law
As long as the registration is in your name
Suspend the registration when not in use
Third-party liability plus
Third-party, fire and theft
Causes beyond your control.
Fire and storm
Theft
Windscreen damage
Comprehensive cover
Comprehensive
Including damage you cause yourself.
Own fault
Vandalism
Replacement-as-new period
What is covered
Situation
Third-party liability
Third-party, fire and theft
Comprehensive
Damage to the other party
Yes
Yes
Yes
Theft
No
Yes
Yes
Fire and storm
No
Yes
Yes
Damage you cause yourself
No
No
Yes
Wear and mechanical defects
No
No
No
Driving without a valid licence
No
No
No
This overview is general in nature and is not personal advice. What is actually covered, including exclusions, limits and the excess, is set out in the policy conditions and the insurance card (verzekeringskaart) of the insurer; you receive both before you take out cover. Taking out cover without advice? Then read what execution only means for you.
Where things go wrong in practice
Four points that make the difference between a policy that pays out and one that does not.
The circuit is the sharpest boundary
As soon as you drive onto circuit premises, cover stops with virtually every insurer. That also applies to a private club day, to tuition runs and to a session without timing. If you do want to drive, take out separate day cover in advance with a provider that offers it; you cannot report it afterwards. A collision that occurs in the circuit car park after the event is also sensitive: always keep evidence of where and when.
Lending is allowed, hiring out is not
Letting a friend drive on one occasion is usually covered, provided that driver meets the age and licence requirements of the policy. As soon as payment is involved, including in the form of a gift voucher or a driving experience, it becomes commercial hire. That is excluded on a private policy and leads to a refusal when you claim. Anyone who regularly makes their car available needs hire cover and usually a different vehicle registration as well.
Carbon and aluminium are replaced, not beaten out
The side blades, the diffuser, the sills and parts of the floor are made of composite or aluminium. Those materials cannot be pulled straight: if they are damaged, the whole part is replaced, including paintwork across several panels. A seemingly small collision, or a front spoiler caught on a speed bump, therefore mounts up quickly. That is why a car with limited damage can still run up against the agreed value.
What driving little asks of you
A low mileage band and a requirement to keep the car in a locked garage bring the rate down, but they are agreements and not guidelines. If the car spends a winter elsewhere or the odometer runs higher, report it. Also excluded are: damage caused by intent or recklessness within the meaning of Article 7:952 DCC, mechanical defects such as a failed clutch or transmission, and wear to brakes and tyres after a hard drive.
What does your premium depend on?
Fixed or agreed value. In this category the value is fixed in advance rather than taken from a market value table.
Number of kilometres per year. A seasonal car covering a few thousand kilometres falls into a different class from an everyday car.
Storage. On this type of car insurers often require storage in a locked garage and check it when you claim.
Circle of drivers and age. A limited group of experienced drivers is often a condition of acceptance and brings the rate down.
Repair costs of composite parts. Parts that can only be replaced push up the average claims cost per event.
Security and tracking system. An approved alarm or a vehicle tracking system is usually a condition of acceptance in this value class.
Insurers weigh these details differently. That is where your saving is.
How we arrange it
You request a quoteWe take stock of your situation, your risk and your wishes.
We compareseveral insurers, on premium as well as conditions.
You receive a proposalWith an explanation of the differences and the exclusions.
We arrange the switchIncluding cancellation, so there is no gap in cover.
Customers rate our service on four aspects: personal service, service delivery, availability and the outcome. The reviews are collected and published by NH1816 and come from customers who have actually taken out a policy with Finass Advies B.V. or reported a claim.
Is a track day at Zandvoort or the Nürburgring covered?
No. Driving on a circuit falls under the standard exclusions, including on a touring session or a tuition day without timing. For such a day there is separate day cover that you arrange in advance with a specialist provider. Take it out before you enter; once the event is under way or over, there is nothing you can do about it.
May I lend my R8 to a friend?
Lending it occasionally is usually covered, as long as the driver meets the age and licence requirements in the conditions. On an at-fault claim it will, however, cost you your own no-claims years. If you charge a fee, it is hire and the cover falls away; that also applies to paid driving experiences and wedding transport.
Why does the insurer ask about my garage?
Because the chance of theft and vandalism differs greatly between a locked garage and the public road. On this type of car, storage is often a binding condition of acceptance, included as a warranty clause. If the car is outside when it is stolen while the policy requires indoor storage, the insurer can refuse to pay.
What happens if the front spoiler is damaged on a speed bump?
Under comprehensive cover that is covered as damage you cause yourself; under third-party, fire and theft it is not. Bear in mind that the lower front and underbody sections are made of composite and are not repaired but replaced, including paintwork. Weigh the amount against your excess and against the loss of no-claims years before you claim.
Finass Verzekert is a trading name of Finass Advies B.V. We advise on and arrange non-life insurance on the basis of an objective analysis of several insurers, and receive commission for this from the insurer, which is included in the premium. You pay no separate advice fee. Before you take out cover, we establish your wishes and needs.
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