Insure luxury car? You need to know this about an exclusive car insurance

Driving in a luxury car or sports car is a special experience. Whether you own a Porsche, Ferrari, Lamborghini or Bentley , you want to protect your valuable property as well as possible against damage, theft and loss of value.

A standard car insurance often offers insufficient coverage for exclusive cars. exclusive car insurance policy is a smart choice. But what cover do you need? What should you pay attention to when taking out a policy? And how do you ensure that you are not underinsured ? In this blog you will discover everything about insuring a luxury car .

1. Why do you need a special luxury car insurance?

Luxury and exclusive cars have higher purchase values, more expensive repairs and an increased theft risk . This brings extra challenges that often does not fully cover standard insurance.

🔹 High value - Exclusive cars often cost € 100,000 or more , which means that standard insurance is not sufficient.
🔹 More expensive repairs - original parts and specialized technicians make damage repair expensive.
🔹 Larger theft risk - luxury vehicles are wanted for car thieves and must be extra protected.
🔹 Value retention - The value of some exclusive cars is increasing, so that insurance against current value can be detrimental.
🔹 International use - luxury cars are often used abroad, which requires extra coverage.

💡 With an exclusive car insurance you are insured at the real value of your car and you benefit from Premium Service.

2. What coverage are essential for luxury car insurance?

A basic liability insurance only offers coverage for damage that you cause for others. not enough for a luxury car . An exclusive car insurance offers more extensive protection.

✅ 1. All -risk insurance (full hull)

For luxury cars, all-risk insurance the best choice, because it offers coverage against:
✔ Damage to others (liability)
✔ Damage to your own car due to its own fault
✔ Fire, storm and nature damage
✔ Theft and burglary damage

💡 Many exclusive car insurance policies work with replacement value instead of current value, so that you get a fair compensation at Total Loss.

✅ 2. Theft and vandal insurance

✔ Coverage with theft, joyriding and burglary .
✔ Protection against attempted theft (for example forced locks or chosen windows).
✔ Often the car requires SCM approved security .

✅ 3. Value guarantee & appraisal coverage

✔ Guarantee against value reduction : at Total Loss you will receive the purchase value instead of the much lower current value.
✔ Appraisal policy : your car will be valued in advance, so that you are insured at the current market value.

✅ 4. Roadside assistance and replacement transport

✔ Worldwide roadside assistance, including transport of exclusive cars in the event of damage.
✔ Replacement transport at a high level (not a standard rental car, but an equal class).

✅ 5. Trackday coverage (for sports cars)

✔ Special coverage for damage on the circuit (not included as standard).
✔ Protection against motorsport -related damage.

💡 Do you want to be sure that your luxury car is perfectly insured? Request a tailor -made quote from Finass insures .

3. What does a luxury car insurance cost?

The premium of an exclusive car insurance depends on various factors:

📌 The catalog value of the car - the more expensive the car, the higher the premium.
📌 The type of vehicle -A Ferrari has a higher insurance risk than a Mercedes S-Class.
📌 Age and driving experience of the director - young drivers pay a higher premium.
📌 Number of kilometers per year - the less you drive, the lower the premium.
📌 Security -A car with an SCM-Good alarm system or vehicle tracking system receives a discount.

💰 Indication of the costs:
🔹 luxury sedan (eg Mercedes-Benz S-class, BMW 7 series) -from € 100 to € 300 per month .
🔹 sports car (eg Porsche 911, Ferrari F8 Tributo) - from € 200 to € 700 per month .
🔹 Supercar or Hypercar (eg Lamborghini Aventador, Bugatti Chiron) - from € 500 to € 1,500 per month .

💡 Do you want an exact premium? Request a quote from Finass insures insures .

4. How do you get the best luxury car insurance?

To get the best coverage for your exclusive car, pay attention to the following points:

✔ 1. Choose an insurer that specializes in luxury cars

Regular car insurers can be limited in coverage and damage settlement. Choose an insurer with experience in exclusive vehicles .

✔ 2. Check the valuation of your car

Ask if the insurance works with:
✅ Purchase value guarantee - benefit based on the original purchase price.
✅ Appraisal policy - The car is valued in advance, so that you are insured at the real market value.

✔ 3. Note the security requirements

Many insurers require extra security, such as:
🔒 SCM-Good-approved alarm (class 3 or higher).
📡 GPS follow-up system for quick finding with theft.

✔ 4. Choose global breakdown assistance and exclusive service

A luxury car deserves an exclusive service. Choose an insurance policy that:
🚗 offers
customized transport transport ✈ international coverage for travel in Europe or beyond.

💡 Always ask for a customized quote from a specialized insurer such as Finass insures .

5. Frequently asked questions about luxury car insurance policies

💬 Can I insure an exclusive car in the name of my company?
Yes, business insurance for luxury cars offer extra benefits, such as tax deduction and flexibility in the fleet.

💬 Is an exclusive car insurance more expensive than normal insurance?
Yes, but you also get more extensive coverage, appraisal protection and premium service .

💬 What if my car has a value increase?
Some insurance policies offer a value guarantee that takes rising market prices into account.

💬 Are cars insured on the circuit?
Normal insurance does not , but special trackday insurance available.

💡 Do you want to optimally protect your luxury car? Request a quote from Finass insures and discover the best insurance for your exclusive vehicle! 🚀

Why a standard car insurance is not sufficient for an exclusive car

Owning an exclusive car , such as a Porsche, Ferrari, Lamborghini, Bentley or Aston Martin , requires more than just a standard car insurance. Luxury vehicles entail higher risks and require insurance that tailor -made, extensive coverage and better damage settlement .

But why is a standard car insurance not sufficient for an exclusive car? In this blog you can read what risks you are running, why specialized insurance is needed and how you optimally insure your luxury car .

1. What is the problem with a standard car insurance policy?

A standard car insurance is intended for regular cars and often does not take into account the specific risks and higher costs of an exclusive car. These are the largest limitations of a standard policy:

🔹 Limited coverage in the event of damage - often only the current value reimbursed, which can cause substantial losses with an exclusive car.
🔹 No value guarantee - standard policies do not cover a value increase or appraisal amount.
🔹 High depreciation - Within a few years, the insurance can only pay a fraction of the purchase value.
🔹 Duration of recovery and parts - Regular insurance does not take into account specialist repairs or parts that are difficult to available.
🔹 Limited theft protection - luxury cars are wanted for car thieves and standard insurance often requires minimal security.

💡 A standard car insurance provides insufficient protection for the actual value and risks of an exclusive car.

2. Why does an exclusive car need special insurance?

Luxury cars have specific characteristics that require customized insurance

🏎 High purchase value - cars from € 100,000 to € 500,000 or more ask for a higher insured value.
🔧 More expensive repairs - Exclusive vehicles need specialized repairs at dealers or brand service centers.
📉 Value development - some cars retain or even rise in value, which requires value guarantee.
🔒 Increased theft risk - luxury cars are more attractive for car thieves and require advanced security.
✈ International use - Many exclusive cars are driven abroad and need global coverage.

💡 An exclusive car insurance takes into account these unique aspects and offers better coverage than a standard policy.

3. What does an exclusive car insurance policy cover?

A specialized car insurance offers more extensive coverage than a standard insurance.

✅ 1. Full hull (all -risk) coverage

✔ Damage due to fire, storm, theft, burglary and own damage .
✔ Coverage for damage by another vehicle or object .
✔ Protection with vandalism and unknown collisions.

💡 Standard insurance policies only pay counter -value, while exclusive policies often work with replacement value or appraisal value.

✅ 2. Value guarantee & appraisal insurance

✔ Determined appraisal value instead of current value.
✔ No depreciation within the first years.
✔ Coverage for the increase in the value of rare models.

💡 Many exclusive cars rise in value. Insurance prevents underinsurance.

✅ 3. Damage repair at brand dealers

✔ Repairs at official brand dealers and specialized garages .
✔ Use of original parts .
✔ No standard repairs at universal damage repair companies .

💡 With a standard insurance, damage repair can take place with an unknown garage, which negatively influences the value of the car.

✅ 4. Theft insurance with advanced security

✔ Coverage with theft worldwide.
✔ Reimbursement for joyriding and fallow damage .
✔ Vehicle tracking systems and SCM approved alarms can provide a premium discount.

💡 A standard insurance often only demands an alarm system, while luxury insurance can make GPS follow-up systems mandatory.

✅ 5. Roadside assistance and excluding replacement transport

✔ Breakdown assistance throughout Europe or worldwide.
✔ Custom replacement transport (for example a similar luxury car instead of a standard rental car).

💡 With standard insurance you often get a standard rental car, which does not match the exclusive driving experience.

4. What does an exclusive car insurance cost?

The premium of an exclusive car insurance depends on various factors:

📌 The catalog value of the car - the higher the value, the higher the premium.
📌 The type of vehicle - A Ferrari or Lamborghini has a higher insurance risk than an Audi RS6.
📌 Age and driving experience of the director - young drivers pay a higher premium.
📌 Number of kilometers per year - the less you drive, the lower the premium.
📌 Security -A car with an SCM-Good alarm system or vehicle tracking system receives a discount.

💰 Indication of the costs:
🔹 luxury sedan (eg Mercedes S-Class, BMW 7 series) -from € 100 to € 300 per month .
🔹 sports car (eg Porsche 911, Ferrari F8 Tributo) - from € 200 to € 700 per month .
🔹 Supercar or Hypercar (eg Lamborghini Aventador, Bugatti Chiron) - from € 500 to € 1,500 per month .

💡 Do you want an exact premium? Request a quote from Finass insures insures .

5. How do you take out exclusive car insurance?

To get the best coverage for your luxury car, follow these steps:

1️⃣ Select a specialized insurer - regular insurers offer insufficient coverage for exclusive cars.
2️⃣ Have your car appraised - make sure your car is insured at the right value.
3️⃣ Choose the correct coverage - combine all -risk, value guarantee and theft coverage.
4️⃣ Check the security requirements -SCM approved alarm systems and vehicle tracking systems may be mandatory.
5️⃣ Request a quote from Finass insures - our specialists help you with a customized policy.
6️⃣ Take out the insurance and drive carefree!

Conclusion: Why is a standard car insurance not sufficient?

✔ Limited coverage - Standard Insurance only pays current value.
✔ No appraisal coverage - an exclusive insurance prevents underinsurance.
✔ More expensive repairs - only brand dealers and original parts covered.
✔ Bigger theft risk -luxury insurance requirements demand better security and GPS trackers.
✔ Exclusive service - breakdown assistance and tailor -made transport transport.

💡 Do you want to optimally protect your exclusive car? Request a quote from Finass insure and discover the best insurance for your luxury vehicle! 🚀

Exclusive cars and insurance: how do you choose the best coverage for a high -quality car?

Owning an exclusive car , such as a Ferrari, Lamborghini, Porsche, Bentley or Rolls-Royce , means that you not only enjoy luxury and performance, but also that you have to protect your vehicle properly. A standard car insurance is often not sufficient for the high value, expensive repairs and unique risks of a luxury car.

But how do you choose the best coverage for a high -quality car? In this blog we discuss why a special exclusive car insurance policy is necessary , which coverage are indispensable and how you ensure that you not underinsured .

1. Why do you need exclusive car insurance?

A standard car insurance usually offers insufficient protection for exclusive vehicles. This is due to the following reasons:

🏎 High purchase value - Exclusive cars often cost € 100,000 to € 500,000 or more , which means that an insurance with current value is insufficient.
🔧 more expensive repairs - original parts and specialist garages make damage repair much more expensive than with standard cars.
📉 Value retention or increase in value - some luxury cars retain their value or even rise in price, which requires a valuation policy.
🔒 Higher theft risk - luxury vehicles are popular with car thieves and require additional security measures.
✈ International use - Many exclusive cars are driven abroad, which makes insurance with global coverage necessary.

💡 An exclusive car insurance offers customization and full coverage for these unique aspects.

2. What coverage are essential for a luxury car?

When insuring an exclusive car, only a third-party insurance policy is insufficient . Extensive insurance is necessary to minimize damage and financial risks.

✅ 1. Allrisk (full hull) insurance

For luxury cars, all-risk insurance the best choice, because it offers coverage against:
✔ Damage to others (liability)
✔ Damage to your own car due to its own fault
✔ Fire, storm and nature damage
✔ Theft and burglary damage

💡 Many exclusive insurance policies pay out on the basis of replacement value or appraisal value, instead of current value.

✅ 2. Value guarantee & appraisal insurance

✔ Determined appraisal value instead of current value.
✔ No depreciation within the first years.
✔ Coverage for an increase in value with vintage cars and collective objects.

💡 If your exclusive car rises in value, an appraisal policy prevents you from receiving too little in the event of damage.

✅ 3. Damage repair at brand dealers

✔ Repairs at official brand dealers and recognized damage repairers .
✔ Use of original parts .
✔ No standard repairs with universal garages .

💡 Have standard insurance carries out repairs with cheaper damage repairers, which can lower the value of your car.

✅ 4. Theft insurance with advanced security

✔ Coverage with theft worldwide.
✔ Reimbursement for joyriding and fallow damage .
✔ Vehicle tracking systems and SCM approved alarms can provide a premium discount.

💡 Many insurers demand at least a SCM class 3 security system or a GPS tracking system.

✅ 5. Roadside assistance and excluding replacement transport

✔ Breakdown assistance throughout Europe or worldwide.
✔ Custom replacement transport (no standard rental car, but an equivalent luxury model).

💡 With a standard insurance you get a normal rental car, which does not match the driving experience of a luxury car.

✅ 6. Trackday coverage (for sports cars)

✔ Special coverage for damage on the circuit (not included as standard).
✔ Protection against motorsport -related damage.

💡 Not all insurance policies cover damage that arises during trackdays. Do you want to drive circuit days? Then choose a policy with trackday coverage.

3. What does an exclusive car insurance cost?

The premium of an exclusive car insurance depends on various factors:

📌 The catalog value of the car - the more expensive the car, the higher the premium.
📌 The type of vehicle - A Ferrari has a higher insurance risk than an Audi RS6.
📌 Age and driving experience of the director - young drivers pay a higher premium.
📌 Number of kilometers per year - the less you drive, the lower the premium.
📌 Security -A car with an SCM-Good alarm system or vehicle tracking system receives a discount.

💰 Indication of the costs:
🔹 luxury sedan (eg Mercedes S-Class, BMW 7 series) -from € 100 to € 300 per month .
🔹 sports car (eg Porsche 911, Ferrari F8 Tributo) - from € 200 to € 700 per month .
🔹 Supercar or Hypercar (eg Lamborghini Aventador, Bugatti Chiron) - from € 500 to € 1,500 per month .

💡 Do you want an exact premium? Request a quote from Finass insures insures .

4. How do you get the best exclusive car insurance?

To get the best coverage for your luxury car, pay attention to the following points:

✔ 1. Choose a specialized insurer

Regular insurers can be limited in coverage and damage settlement. Choose an insurer with experience in exclusive vehicles .

✔ 2. Check the valuation of your car

Ask if the insurance works with:
✅ Purchase value guarantee - benefit based on the original purchase price.
✅ Appraisal policy - The car is valued in advance, so that you are insured at the real market value.

✔ 3. Note the security requirements

Many insurers require extra security, such as:
🔒 SCM-Good-approved alarm (class 3 or higher).
📡 GPS follow-up system for quick finding with theft.

✔ 4. Choose global breakdown assistance and exclusive service

A luxury car deserves an exclusive service. Choose an insurance policy that:
🚗 offers
customized transport transport ✈ international coverage for travel in Europe or beyond.

💡 Always ask for a customized quote from a specialized insurer such as Finass insures .

💡 Do you want to optimally protect your exclusive car? Request a quote from Finass insure and discover the best insurance for your luxury vehicle! 🚀

Supercars and luxury cars insure: everything about exclusive car insurance

Owning a supercar or luxury car is a dream for many. Whether you drive a Ferrari, Lamborghini, McLaren, Rolls-Royce or Bentley , your exclusive vehicle deserves the best protection. A standard car insurance is often insufficient to cover the high value and unique risks of a supercar or luxury car.

But how do you ensure a supercar or luxury car in the right way? In this blog we discuss what you should pay attention to when choosing an exclusive car insurance policy, which coverage are necessary and how your underinsurance appears .

1. Why is a special Supercar insurance needed?

A standard car insurance often offers insufficient coverage for supercars and luxury cars. This is due to the following reasons:

🏎 High purchase value - Exclusive cars can cost between € 100,000 and € 2 million .
🔧 More expensive repairs - original parts and specialist garages make damage repair duration and time -consuming.
📈 Value retention or increase in value - some supercars rise in value, which requires
valuation policy 🔒 Higher theft risk - luxury vehicles are popular with car thieves and require extra security.
✈ International use - Supercars are often driven abroad, which makes extra coverage necessary.

💡 An exclusive car insurance is specially designed to cover these risks.

2. What coverage are essential for exclusive car insurance?

When insuring a luxury car or supercar, a basic liability insurance is insufficient . Here are the most important coverage you need:

✅ 1. Allrisk (full hull) insurance

✔ Coverage against your own damage, damage caused by third parties, fire, storm and theft .
✔ Coverage for damage to exclusive paint finishes and carbon parts.
✔ No standard current value benefit, but appraisal value or replacement value .

💡 Supercars and luxury cars do not always lose their value quickly. Therefore choose an insurance policy that works with appraisal value.

✅ 2. Value guarantee & appraisal insurance

✔ No depreciation within the first years.
✔ Based on appraisal value , not current value.
✔ Coverage for the increase in the value of rare cars.

💡 If you have a car that increases in value, a valuation policy prevents you from getting less paid in the event of damage.

✅ 3. Damage repair at brand dealers

✔ Repairs at official brand dealers or recognized supercar specialists.
✔ Use of original parts (no imitation).
✔ No standard damage repair with universal garages .

💡 Standard insurance can oblige you to have the car repaired with cheaper damage repairers. This can affect the value of your car.

✅ 4. Theft insurance with advanced security

✔ Coverage with theft worldwide .
✔ Reimbursement for joyriding and burglary damage .
✔ Vehicle tracking systems and SCM approved alarms can provide a premium discount.

💡 Many insurers require a SCM class 3 alarm system and a GPS tracker.

✅ 5. Roadside assistance and excluding replacement transport

✔ 24/7 breakdown assistance in the Netherlands and Europe.
✔ Custom replacement transport (for example a similar luxury car instead of a standard rental car).

💡 A standard insurance gives you a normal rental car, while an exclusive insurance offers a similar class car.

✅ 6. Trackday coverage (for sports and supercars)

✔ Special coverage for damage on the circuit (not included as standard).
✔ Protection against racing-related damage .

💡 Not all insurance policies cover damage that arises during trackdays. Do you want to drive circuit days? Then choose an insurance with trackday coverage.

3. What does a supercar or luxury car insurance cost?

The premium of an exclusive car insurance depends on various factors:

📌 The catalog value of the car - the more expensive the car, the higher the premium.
📌 The type of vehicle - a Bugatti has a higher insurance risk than an Audi RS6.
📌 Age and driving experience of the director - young drivers pay a higher premium.
📌 Number of kilometers per year - the less you drive, the lower the premium.
📌 Security -A car with an SCM-Good alarm system or vehicle tracking system receives a discount.

💰 Indication of the costs:
🔹 luxury sedan (eg Mercedes S-Class, BMW 7 series) -from € 100 to € 300 per month .
🔹 sports car (eg Porsche 911, Ferrari F8 Tributo) - from € 200 to € 700 per month .
🔹 Supercar or Hypercar (eg Lamborghini Aventador, Bugatti Chiron) - from € 500 to € 1,500 per month .

💡 Do you want an exact premium? Request a quote from Finass insures insures .

4. How do you choose the best exclusive car insurance?

To get the best coverage for your luxury car or supercar, follow these steps:

✔ 1. Choose a specialized insurer

Regular insurers can be limited in coverage and damage settlement. Choose an insurer with experience in exclusive vehicles .

✔ 2. Check the valuation of your car

Ask if the insurance works with:
✅ Purchase value guarantee - benefit based on the original purchase price.
✅ Appraisal policy - The car is valued in advance, so that you are insured at the real market value.

✔ 3. Note the security requirements

Many insurers require extra security, such as:
🔒 SCM-Good-approved alarm (class 3 or higher).
📡 GPS follow-up system for quick finding with theft.

✔ 4. Choose global breakdown assistance and exclusive service

A Supercar deserves an exclusive service. Choose an insurance policy that:
🚗 offers
customized transport transport ✈ international coverage for travel in Europe or beyond.

💡 Always ask for a customized quote from a specialized insurer such as Finass insures .

💡 Do you want to optimally protect your supercar or luxury car? Request a quote from Finass insure and discover the best insurance for your dream car! 🚀