2019 or 2020 Ferrari insurance recommendations | FerrariChat

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

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    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

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    Robert Phillips
    Respectfully suggest you try the search function for the dozens of threads on this subject.

    Regards,

    Robert
     
  3. jdlegg

    jdlegg Formula Junior

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    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

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    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

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    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

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    Texas.
     
  7. Snapshift

    Snapshift Formula Junior Rossa Subscribed

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    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 Silver Subscribed

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    Just another reason I need to consider moving to Austin...
     
  9. jdlegg

    jdlegg Formula Junior

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    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

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  11. Husker

    Husker F1 World Champ

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    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 Owner Silver Subscribed

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    State Farm does all my cars (and house)


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  13. buddyg

    buddyg F1 Veteran Rossa Subscribed

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    American Modern
     
  14. jjtjr

    jjtjr Formula Junior

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    Ask for Jake...
     
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  15. rob lay

    rob lay Administrator Staff Member Admin Miami 2018 Owner Social Subscribed

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    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

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    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 Rossa Subscribed

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    That’s stated value lots of companies will do that. American Modern does the same.
     
  18. plastique999

    plastique999 F1 Veteran Owner Silver Subscribed

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    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

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    I better shop around next year, if this is your experience. Thanks
     

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