The value, power and repair costs are just some of the factors determining which insurance group a car will fall into.
Ranging from 1 to 50, generally speaking, the lower the number of the insurance group, the cheaper your car insurance will be. Most Ferraris can be found in group 50.
The reason 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 because they relate to an increased risk that may result in a claim.
In fact, some insurance providers may not provide a quote for your Ferrari, and you may need to find a specialist provider who offers the right level of cover for prestigious sports cars. We can help you find providers that can offer you a fair price on your Ferrari car insurance.