ferrari f430 insurance

Not a simple question.

What state are you located in? What is your driving record? Are you married? What does your credit look like? Is this going to be a primary car? Do you own a house or condo? Do you have other insurance policies (life, business, liability)? There are a lot of factors that go into determining what insurance will cost or if you can even find a provider that will insure you.

Cheers,
Corey

 

Get a quote from Geico, they had the best price I could find.


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Agreed with above. Too many factors for each individual. If you are in the US, I would recommend calling American Modern for a quote. They’re usually the best and offer agreed value

 

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It's going to be expensive. GEICO was by far the cheapest I found on an FF.

 

Not sure what Geico may charge for your particular instance or what my carrier would charge, but can relay that I am paying $935 a year on my 2008 F430 with 24k miles. My carrier is Erie Insurance and here is a link to get a free quote going: https://www.erieinsurance.com/golocal/golocal-landing-gabrdsem?

 

Wow. That’s good. Does Erie do agreed value?

 

No clue. I have a great local agent that took care of this for me.

 

21 years old on an F430? The insurance might be as much as your car payment.... LOL

In all seriousness, I'm a Geico fanboy. Had them since I was 19 and have never had any issues with them whatsoever.

 

I'd say USAA..but based on you being 21..I'd say thats a no go. I'd love for other members to figure this one out..

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Contact AAA. You'd be shocked how little they charged me to add my 430 to our existing coverage. I was shocked as well.

 

I think he is going to have to shop around. The point of my post earlier was to say that you can't use anyone else's insurance information. The only thing asking around about insurance can tell you is if a company sucks in paying out for damage or if they won't support you in a lawsuit. Everything else about insurance will depend on so many factors you can't predict the price or if they will cover you.

For example, I tried the whole Geico 15 minutes can save you 15% thing here in NJ. Back when my GT3 was new, they would not insure it due to the category of car and were double the price of Allstate for my other cars at the time (Boxster, Audi S6 Avant, 996 C2). Allstate NJ won't insure my 11 year old F430, they said MSRP (about 240k) was too high even though I paid less than 150K, they have a cap on a cars original MSRP of 150k now regardless of price actually paid or age. Apparently I was grandfathered in for my GT3. Hagerty would not insure my F430 in NJ because I did not currently own a Lamborghini or Ferrari or McLaren and my GT3 apparently didn't count. My previous Lamborghini from the back in the 90's didn't count since it wasn't recent. Condon Skelly wasn't a problem with agreed upon value and my 19 year old son, now 20, is allowed to drive it since he has his Mercedes listed as his primary car. Now all this stuff with MSRP caps for Allstate are specific to NJ, since others can get them to insure their cars in other states.

 

$935 a year? I’m 25 and thought 230$ a month was good. That is awesome

 

My 360 is through Hagerty and is just under $1,500 a year. Progressive that has my other vehicles said about $1,400 a year but trust Hagerty a little more if something happened. FYI Hagerty would not insurance anyone under 30 for the Ferrari on my policy.

 

This is the only perk I have found so far for turning 30.



After progressive quoted me $6k a year for my viper with a perfect driving history, I shopped around and went with Auto owners. Their rates are unbeatable, at least for me when I got them. They actually went down quite a bit when I went to the 360. I do, however question how much they would pay out in the event of a total loss.

 

This is why you get a policy with agreed upon value....