Insuring an Audi S1

Usually clearly more expensive. The list price is higher and the power in relation to the weight is considerably greater, which puts the car in a higher rating group. With a young driver the difference grows further. How much it comes to varies a great deal between insurers, because not everyone rates this segment as sharply.

Declare that person as the main driver. The premium goes up as a result, but the cover is correct. If it turns out after a claim that the actual driver was consistently someone other than the person declared, the insurer can reduce or refuse the payout and cancel the policy. Some insurers only accept a young driver with a higher excess.

That depends on the market value and your reserves, not on the age. As long as you would not want to bear a single-vehicle loss or a total loss yourself, own-damage cover remains worthwhile. Where the market value is low and the difference in premium high, third-party, fire and theft may make more sense. Review this each year against the current value.

Report it even so, late though it is. Some insurers accept the modification for an additional premium; others cancel the policy, after which you have to apply again elsewhere. Waiting is the worst option: when you claim, an increase in power that can be read out can lead to the whole payout being refused.

No. Driving on a circuit falls outside practically every car policy, even where it is a leisure session and no times are taken. If you do want to take the car onto a circuit, separate temporary cover is needed. Do not assume it is included without written confirmation from the insurer.

Declare that when you apply. On an imported example the specification and the original list price sometimes differ from the Dutch reference, which has consequences for the premium and for how the value is established when you claim. Make sure the details on the registration document and the policy schedule match.