Do Specialist Cars need Special Insurance?

A brand new Lamborghini or a classic Aston Martin is something special. These are vehicles designed to the highest specification, with immaculate attention to detail and a price tag to match, all of which means that they rarely seen on the roads. This rarity sets them apart from other cars in most departments, not least their insurance group.

Your insurance premiums are directly linked to a number of factors. These include your age, experience, location, occupation and the car itself. The insurer evaluates their potential risk and provides a quote on that basis.

When you are insuring a 10 year old family saloon car, finding a competitive quote shouldn't be too difficult. However, if you've got a new top of the range Ferrari, your options are going to be limited. Due to value of the car, the liability and risk is greatly for the company providing insurance is greatly increased - which is why you need specialist car insurance
Finding specialist or prestige car insurance shouldn't be a chore though. There are still many insurers who will offer this level of cover, particularly larger or more established companies. The premium will often be significantly higher, however if you shop around then there are still savings to be made.

In the UK insurance brackets run from 1-50. The lower down in this sliding scale your vehicle is, the less you will generally pay. The brackets are decided by a number of factors, although engine size (the smaller the better) and value are certainly key. So if you've got a supercar or a vintage auto, the likelihood is that you'll be in the top 10% of these insurance brackets, which means, by default, you'll be paying more for the privilege.

Whilst it is still very much along the same fundamental lines as standard car insurance, there are obvious differences that take into account the specialist nature of your prestige car. This will include higher end features such as accommodation in the event that you breakdown, quick response times to incidents and other provisions made for premium customers.

So if you have a car that you believe might be deemed as specialist and need to seek insurance for it, where do you go? Often if it's new, the dealership will offer their own coverage or point you in the direction of a company who can. However, this might not necessarily provide the best value, or indeed the best cover either.

A good place to start is on the Internet. Here you can quickly search for any number of specialist car insurers, weigh up their credentials and get a bespoke quote based on your vehicle. You won't be limited to a single quote either. Depending on how extensive your research is, you could get yourself a handful of prices from reputable insurers and decide which one offers the most value for your needs.

Of course when you've got a luxury car, all you really want to do is enjoy it so shopping around for insurance might seem like a bit of unnecessary effort. However, you also need to make sure that if it should get damaged or be involved in an accident that you have the coverage needed to get you back on the road quickly and with the least inconvenience possible.

So take care of your special car with specialist prestige car insurance. Remember that you will have to pay a premium for this service, but this will help to provide you with peace of mind and the levels of coverage you need. Compare the policies on offer, see which matches your needs best and provides the most value, then get your car covered.