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2019 or 2020 Ferrari insurance recommendations

Discussion in 'Ferrari Discussion (not model specific)' started by Mr. D., Sep 3, 2020.

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  1. Mr. D.

    Mr. D. Rookie

    Jun 18, 2020
    18
    #1 Mr. D., Sep 3, 2020
    I am looking for insurance recommendations for recent ferrari models. I read on other threads about State farm as an option. I called AAA and Geicko and they said they don't cover recent Ferrari models.

    Any recommendations ?
     
  2. Admiral Goodwrench

    Admiral Goodwrench Formula Junior

    Mar 2, 2005
    766
    Santa Fe, New Mexico
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    Robert Phillips
    #2 Admiral Goodwrench, Sep 3, 2020
    Respectfully suggest you try the search function for the dozens of threads on this subject.

    Regards,

    Robert
     
  3. jdlegg

    jdlegg Formula Junior

    Dec 22, 2009
    252
    Bryan / San Rafael
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    James D
    #3 jdlegg, Sep 3, 2020
    My 488 is insured by Allstate. Been with them forever. Recently spun-off my 22 year old son (now that he's in grad school, he can insure himself) and my rates dropped considerably. Hagerty is also an option if you don't have any drivers <25 years old on your policy. Good luck.
     
  4. ifeelfree0

    ifeelfree0 Formula Junior
    Silver Subscribed

    Feb 26, 2014
    604
    Medina, Ohio
    Full Name:
    Dan
    #4 ifeelfree0, Sep 4, 2020
    Just went with CIncinnati Insurance from State Farm. Essentially the same price however I get agreed value for both cars.
     
  5. CoreyNJ

    CoreyNJ Formula 3
    Silver Subscribed

    Apr 17, 2006
    2,460
    New Jersey Shore
    #5 CoreyNJ, Sep 4, 2020
    Curiosity, what state are you located in? Allstate in NJ told me they have a cap of 150k MSRP on cars they will insure.


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  6. jdlegg

    jdlegg Formula Junior

    Dec 22, 2009
    252
    Bryan / San Rafael
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    James D
    #6 jdlegg, Sep 4, 2020
    Texas.
     
  7. Snapshift

    Snapshift Formula Junior
    Rossa Subscribed

    May 31, 2020
    924
    Centralia IL
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    Lyle D. Pahnke
    #7 Snapshift, Sep 5, 2020
    Hagerty Seems OK by me recent policy insured for full value replacement 100K for 1300. very friendly get a magazine, depreciation tables etc. only been with them for 3 mos but hopefully won't have to find out how good they really are settling claims. YMMV
     
  8. CoreyNJ

    CoreyNJ Formula 3
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    Apr 17, 2006
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    #8 CoreyNJ, Sep 5, 2020
    Just another reason I need to consider moving to Austin...
     
  9. jdlegg

    jdlegg Formula Junior

    Dec 22, 2009
    252
    Bryan / San Rafael
    Full Name:
    James D
    #9 jdlegg, Sep 5, 2020
    Well, we left Austin after 25+ years for a less hectic life in Bryan/College Station. MUCH better traffic situation here. :)
     
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  10. FERRARI Felippo

    FERRARI Felippo Rookie

    Sep 5, 2020
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    C P Amoila
    #10 FERRARI Felippo, Sep 6, 2020
  11. Husker

    Husker F1 World Champ

    Dec 31, 2003
    11,792
    western hemisphere
    #11 Husker, Sep 7, 2020
    Here are my suggestions in no particular order:

    State Farm
    Allstate
    GEICO
    Progressive
    Farmers
    USAA

    My preference is GEICO just because I like talking lizzerds. But the other ones are probably almost as good.

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  12. plastique999

    plastique999 F1 Veteran
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    Nov 9, 2008
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    #12 plastique999, Sep 11, 2020
    State Farm does all my cars (and house)


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  13. buddyg

    buddyg F1 Veteran
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    Naples, FL
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    #13 buddyg, Sep 11, 2020
    American Modern
     
  14. jjtjr

    jjtjr Formula Junior

    Aug 29, 2016
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    john truskowski
    #14 jjtjr, Sep 11, 2020
    Ask for Jake...
     
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  15. rob lay

    rob lay Administrator
    Staff Member Admin Miami 2018 Owner Social Subscribed

    Dec 1, 2000
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    Rob Lay
    #15 rob lay, Sep 11, 2020
    They have been twice as high the past few cars I've had them quote, I use Grundy (AIG Private Client).
     
  16. Newjoint

    Newjoint Formula 3

    Jan 17, 2016
    1,466
    #16 Newjoint, Sep 11, 2020
    Chubb
    Best in the business
    Your car gets insured for the full value at purchase- ie if 2 years later you total your (now depreciated) Ferrari- you get the full purchase value reimbursed.
    It may be more expensive but it’s worth every penny


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  17. buddyg

    buddyg F1 Veteran
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    #17 buddyg, Sep 11, 2020
    That’s stated value lots of companies will do that. American Modern does the same.
     
  18. plastique999

    plastique999 F1 Veteran
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    #18 plastique999, Sep 11, 2020
    I noticed this too...Haggerty was super expensive when I asked for a quote for CGT.


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  19. Snapshift

    Snapshift Formula Junior
    Rossa Subscribed

    May 31, 2020
    924
    Centralia IL
    Full Name:
    Lyle D. Pahnke
    #19 Snapshift, Sep 11, 2020
    I better shop around next year, if this is your experience. Thanks
     

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