Hi Can anyone recommend an specialist Ferrari insurer as many insures wont touch me as I have no experience in a supercar e.g Porsche, Ferrari etc I'm 52 no convictions. I do not have any NCB bonus as used on other cars. I have tried Adrian Flux, Classic Line which will not quote me. Peter Best insurance want £8000. I did however get a quote from Admiral which was £620. Any help would be appreciated. Thanks
Hi. I wouldnt personally touch Admiral for this type of car as I think you need more specialist cover. I guess however that does depend on the car you have and its value. I use Elevate who were recommended by my dealership ([email protected]). The cover includes things like agreed value cover and also allows for the car increasing in value. I was pleased with the cover I have which FYI was approx £4k. Im 56 and I do have NCB but I dont think that tends to come into the specialist cover.
You don't say what your first Ferrari might be - if its under fifty grand it might be worth risking Admiral to have some cover whilst gaining experience prior to future renewals - over the years there's been plenty of other suggestions - just keep calling - FOC are partnered with Locktons
I spoke to Locktons earlier but would not quote as no experience of a supercar. e.g Ferrari, Mclaren, Lambo. They did not consider high performance Audi's or hot hatches :-(
Are you in London / some other high risk area and is the car garaged? I assume you have considered adding it to the policy on which you insure other cars - it may however be worth trying the reverse: see if one of the specialists would take on your Ferrari if you were to give them your other cars, too and / or transfer your NCB to the Ferrari. That might be your best bet if you don't have any luck. £620 doesn't sound too bad - the last year I had my 550 on my policy (with Peter James) it was costing me about £450.
If you trust Admirals you are not going to get a better quote, but read the small print and take out legal cover. I use FirstPoint and have also had good quotes from Lockton but I wanted an "all cars" policy and, at the time, they only wanted the Ferrari.
I think a while ago there was a bunch of write-offs in year one of ownership so several insurers decided to restrict to previous ownership (even if its a year with Admiral)
Basically a lot of the insurers want you to have one years insurance/experience on a supercar. They would not consider a owner of say an Audi RS or BMW M car, as these too are not considered as superars despite some being more powerful.
Quite a few people (including me) have used AIB. Very helpful https://www.aib-insurance.co.uk/products/car-insurance/performance-car-insurance
They are a broker - you shouldn't have a problem getting a quote contact details are: Our team can be contacted on 02380 268351 or visit our website at www.aib-insurance.co.uk
I used footman James. 759 for agreed 135k cover on a 355 2k miles a year. I am same age. They don't need NCB. Sean Reilly and his telephone number is 01384 218035.
https://www.heritagecarinsurance.co.uk/insurance/classic-car-insurance/ Have used them for decades...let me know how you get on.Norton Insurance Brokers ..based in Birmingham.
Footman James quoted me £1200. One condition they stated it had to be kept in locked garage between 9am and 9pm and not kept on road or driveway!
Yes Mine was garaged. And was 750 with full Europe cover. Can send you details if helps. Also in the country not london
