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! 🚀
