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Discussion in 'Ferrari Discussion (not model specific)' started by ScottS, Jun 11, 2020.
That seems to be an amazing quote. I am looking at an FF and it is $112/month with 3000 miles.
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To save, remove items you don’t need on certain cars like rental, you have several cars, it’s not like they’re going to get you a Ferrari. Towing, if you have AAA then you don’t need towing on your policy.
Never heard of it, but I’m looking it up now. My 355 with less value is 6 fold that.
Update: did the online quote and it went to 7 fold...you must be in a really cheap state for insurance.
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I have Condon Skelly in NJ. I went to a broker recommended by Mike from Yellow Compass. They were very easy to work with. We set an agreed upon value for the car and I have not and hope to never make a claim.
Does Geico insure Ferraris?
They insure mine ...
I use Grundy who gave a reasonable rate with an agreed upon value.
Geico does not insure Ferrari in CA, at least it is not on their online list.
My quotes for annual premiums for my 2002 456M GTA 50Kmls fixed value $60K:
- Hagerty $ 1091
- State Farm $2264
- Grundy $932
- AAA $ 1600, but they were the only one that did not let me dictate the value of the car.
My experience (this is not my first used sportscar) is that you just have to shop around online. It is easy with the online quoting, you will get calls but just low ball them in the call with a number that you are willing to pay. And everytime other companies have won, so I have insurances with 3 different companies. Even if I try to bundle, it is more expensive. So for your Ferrari, shop around and take the one that fits you best.