A simples guide

Compare Ferrari car insurance

You would struggle to argue that Ferrari have not perched themselves at the pinnacle of sports cars. Their success has spanned nearly 70 years with the consistent release of powerful models. If you’re indulging in Ferrari car ownership, car insurance is a factor that should be seriously considered. With a higher value car at stake, it’s important to get the right level of cover.

 

As Ferrari surpassed the sports car industry, we saw the evolution of the brand into a true style icon. But that doesn’t mean that you can’t get a fair price on your car insurance.

Who is the best provider for Ferrari car insurance?

Some of your typical car insurance providers may not consider getting involved with a Ferrari but plenty do.  However, you may still want to explore options from providers who specifically deal with these types of cars if you would prefer specialist cover.

The reason that different providers provide better insurance premiums to each individual is the correlation of personal circumstances matched against how each provider assesses the risk and reward of insuring you.

Ferrari

What insurance group do Ferrari fit into?

It may come as no surprise that the insurance groups for Ferrari cars can reach all the way to group 50, the highest insurance band in the new UK insurance rating system. Many insurers may not provide a quote for your car, but we have relationships with insurance providers that can offer you a fair policy on your Ferrari car insurance.

The reason that these cars tend to reach so high on the insurance group scale is their power, acceleration and top speeds, which are all factors that insurance providers take very seriously and relate to an increased risk that may result in a claim.

Ferrari

So how affordable is Ferrari car insurance at a glance?

Purchasing a Ferrari won’t have been a typical daily spend, but you can recover some of that by ensuring you are getting a fair price on your insurance premium. Dependent upon the model that you have selected, your car insurance premium could be anywhere from under £1,000 to upwards of £8,000.

The most popular model quoted for on our site is the Ferrari 458 Spider, although this comes in at the higher-end of insurance premiums averaging £5,279.03. Another popular model that is quoted with us is the Ferrari 458 Italia (averaging £2,522.47).

Some of the more affordable models of Ferrari to insure, according to our data, are the California at just £1,032.31 on average, the F12 at as little as £999.52 and the Ferrari 430 averaging just £977.29 based on our statistics.

The prize for the most expensive average premium, however, goes to the Ferrari Laferrari Ab which has received an average price of £8,578.58 on site.

Our average premiums are based on all our customer quotes, from people with different age ranges, addresses and driving histories. You may find a cheaper or more expensive quote based on your personal circumstances.

How can I get an insurance quote now for my Ferrari?

You can get a fair price on your Ferrari car insurance by comparing quotes now, we search over one hundred insurance providers to find the best deals for you. Consider what’s important to you when insuring your Ferrari and read the terms of the policies presented carefully to make sure you’re getting the right level of cover for you and your black stallion.

All average price amounts based on comparethemarket.com data in February 2016
 

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