High Performance Car Insurance protects your high-end vehicle in the event of damages and accidents. With the right cover in place, you can find the most affordable way to cover your fast car so you can continue driving your high performance vehicle and keep doing what you love.
If you own a high performance car like a Porsche or Ferrari, you will certainly need insurance in place.
Whether you use your luxury vehicle every day or only on the weekends, all cars on the road must have insurance in place according to Continuous Insurance Enforcement or risk receiving penalty points and a huge fine.
To receive a completely free and no obligation quote today, simply give us a call and one our insurance experts will ask a few simple questions about you and your vehicle. We believe that its easier to talk because we can get to know you and your requirements better so we can find a policy tailored to your needs. All calls are free from a landline but if you prefer for us to call you back, simply fill in an online form above and one of our staff from our offices in Andover, Hampshire will get back to you ASAP.
Call Wiser offers market-beating rates for High Performance Car Insurance. As an independent broker, we work with a panel of the leading insurance companies in the UK to find our customers the best deals available.
For high performance vehicles, we can provide top-notch insurance for the following brands:
Porsche | Ferrari | Aston Martin | Lamborghini | Maserati | Lotus | Bentley
The cost of high performance car insurance is typically higher than average vehicles so it helps to get quotes from an insurance broker like Call Wiser who work hard to find you the best price.
With turbocharged engines and being able to reach 0 to 60mph in a few seconds, high performance vehicles fall in the highest category of car insurance groups which means insurers consider them a higher risk of making a claim. Insurers follow the statistic that faster cars are more likely to be involved in accidents and their parts are more costly to replace.
There is also the fact that luxury cars like Aston Martins and Ferraris are attractive to thieves because or their value and status. Therefore, insurers might see this as a greater risk of making a claim and this causes your premium to increase.
To reduce the cost of your high performance car insurance, you can increase the safety features of your vehicle such as putting an immobiliser or tracker on the car or keeping it stored in a garage overnight. Furthermore, being an experienced driver and having a no claims bonus will allow you to reduce your insurance premium by up to 65%.
Typically the less mileage you do, the less risk you are of being involved in an accident, so the lower your premium. If you like to take your supercar out on the weekends, your premium will likely be lower than someone who drives their Ferrari to work everyday. So keeping track of your mileage and showing this to your insurer will always bring down your premium.
You may believe that the more cover you require, the greater the cost of your insurance, but this is not always the case. The different levels of cover are explained below:
Third party – this is the most basic type of insurance and covers you against damages made against third parties including other road vehicles, property or pedestrians. This does not cover any damages to your own vehicle.
Third party, theft, fire and flood – in addition to covering third parties, you will be able to claim compensation in the event of your car being stolen or damaged due to fire, flood and other perils. This does not cover your vehicle against any damages or repairs due to accidents or collisions.
Comprehensive – this is the highest level of cover and provides compensation for claims as a result of third parties, theft, fire, flood and any damages made to your vehicle due to road accidents.
How much you pay for a claim will depend on your level of excess. Your insurance will typically cover a certain amount and you will be required to pay the balance. By agreeing to a higher excess beforehand, this will lower your car insurance premium in the short-run because it means you are willing to pay more in the event of an accident.
Despite this, we work with specialist car insurance providers who can find a policy to suit your needs.
One of the best things to do to reduce the cost for young drivers is to put an older, more experienced driver on the policy.
However, this extra driver must be an actual driver of the vehicle and the young person must still be the ‘main’ driver on the policy, otherwise this is known as ‘fronting’ and is illegal.