F430 INSURANCE | FerrariChat

F430 INSURANCE

Discussion in 'Australia' started by Elyas alsaraji, Mar 14, 2018.

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  1. Elyas alsaraji

    Mar 14, 2018
    30
    Full Name:
    elyas alsaraji
    Hi guys.
    I just purchased F430 and im from Melbourne.
    I tryied Shannon insurance and for the value of 200K they asking for 3900.
    Im 32 years old and i have lost my license for 3 months two years ago.
    Not been involved in an accident before and dont have conviction.
    Please help me if you know anyone cheaper otherwise i have no choice other than to go with them.
    Thanks in advance for your help.
     
  2. Maranello550

    Maranello550 F1 World Champ
    Owner Silver Subscribed

    Aug 25, 2011
    12,324
    HongKong
    Full Name:
    Gary
    Try Lumley Special Vehicles.......They are owned by Wesfarmers....
     
  3. F-Serge

    F-Serge Formula 3

    Aug 3, 2004
    1,921
    UAE
    Full Name:
    Serge
    Maranello550 likes this.
  4. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    Did you try asking for a low use policy? Unless you use it as a daily driver, the cost for irregular use should be half that, surely!
     
  5. simon klein

    simon klein Two Time F1 World Champ
    Owner Silver Subscribed

    Feb 25, 2009
    28,802
    North Qld
    Full Name:
    simon klein
    Yep,how many other modes of transport do you have?
     
  6. Elyas alsaraji

    Mar 14, 2018
    30
    Full Name:
    elyas alsaraji
    Yes i did ask for low use
    I only managed to get a respond from shannon 3900
    Famous 3800
    Not really sure if this is the right price to insure such a car.
    Others that i have contacted not willing to insure due to licenses suspension few years ago.
     
  7. Gizzi

    Gizzi F1 Veteran
    Owner Silver Subscribed

    Dec 3, 2011
    5,183
    Brisbane, Australia
    Full Name:
    Gezim
    You’ll get a multi policy discount as well as a discount for having a CAMS license. Being 32 shouldn’t be an issue? I always thought general rule of thumb was, premium is 1% of insured value, but I’m sure I’ll be corrected.


    Sent from my iPhone using Tapatalk
     
  8. SPEEDCORE

    SPEEDCORE Four Time F1 World Champ

    Jul 11, 2005
    45,906
    Full Name:
    Toe Knee
    He lost his licence in the last 5 years the "rules" don't apply to him.
     
    wrxmike and greg246 like this.
  9. Horse

    Horse Three Time F1 World Champ
    Owner Silver Subscribed

    Dec 1, 2005
    34,826
    Brisvegas
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    Jon
    **** me, Morreti must be paying about $11 Million a year!
     
  10. wrxmike

    wrxmike Moderator
    Moderator Owner

    Mar 20, 2004
    7,577
    Full Name:
    Mike
    Also the claims history of the postcode where the car is kept and how the car is garaged will make a big difference to the premium.

    In any case $3900 is not too bad considering no one else has offered to insure it, your previous license suspension and no prior exotic car ownership history. With a few "claim free' years and a clean driving record the premium will come down.
     
    Gizzi likes this.
  11. Elyas alsaraji

    Mar 14, 2018
    30
    Full Name:
    elyas alsaraji
    Thanks for your help
     
  12. Elyas alsaraji

    Mar 14, 2018
    30
    Full Name:
    elyas alsaraji
  13. Its328

    Its328 F1 Rookie

    May 31, 2017
    3,055
    Brisbane
    Full Name:
    Kim
  14. F-Serge

    F-Serge Formula 3

    Aug 3, 2004
    1,921
    UAE
    Full Name:
    Serge
    Congrats Elyas, looks great in yellow!
     
  15. Maranello550

    Maranello550 F1 World Champ
    Owner Silver Subscribed

    Aug 25, 2011
    12,324
    HongKong
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    Gary
    Congrats....Looks great in Gialo......
     
  16. wrxmike

    wrxmike Moderator
    Moderator Owner

    Mar 20, 2004
    7,577
    Full Name:
    Mike
    Congrats, ex Qld car, previous owner was quite well known sportsman

    M
     
  17. IanB

    IanB F1 World Champ
    Owner

    Jun 15, 2006
    15,653
    Sydney
    tennis player?
     
  18. knocker

    knocker F1 World Champ
    Silver Subscribed

    Jul 10, 2017
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    Adrian
  19. wrxmike

    wrxmike Moderator
    Moderator Owner

    Mar 20, 2004
    7,577
    Full Name:
    Mike
    Yep
    M
     
  20. wrxmike

    wrxmike Moderator
    Moderator Owner

    Mar 20, 2004
    7,577
    Full Name:
    Mike
  21. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    58,439
    Australia
    Full Name:
    John
    Don't worry, the cops still pick on me ............ 57 in a 50 zone just sux !!!
     
  22. greg246

    greg246 Two Time F1 World Champ
    Owner Silver Subscribed

    Jun 2, 2004
    25,702
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    Greg
    Steve355F1 and wrxmike like this.
  23. knocker

    knocker F1 World Champ
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    Jul 10, 2017
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    Adrian
  24. greg246

    greg246 Two Time F1 World Champ
    Owner Silver Subscribed

    Jun 2, 2004
    25,702
    Sydney,Australia
    Full Name:
    Greg
    No, you broke the law FFS. And they probably have something against Lexus drivers
     
  25. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    58,439
    Australia
    Full Name:
    John
    :(
     

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