Easily and quickly insure your Ferrari

Ferrari 's are beautiful, luxurious cars. When a Ferrari drives on the road, it is often looked at admiringly. Not only by car enthusiasts, but also by thieves. After all, a Ferrari is an expensive and precious car. Therefore, for a Ferrari owner, good car insurance is important. To insure an expensive car like a Ferrari, you just can't go to every insurer. An expensive car carries more risk, because the chances of it being broken into or stolen are higher than for a cheaper car. Therefore, not every insurer will accept an application for Ferrari insurance. Fortunately, there are still plenty of options for insuring a Ferrari. Find out which insurers you can contact? You can enter the license plate number of your Ferrari in our online comparison tool. You will then get an overview of possible insurers.

A Ferrari is an expensive car to buy and maintain. This automatically makes it more expensive to insure than, say, a Fiat Panda. Not every insurer will insure a Ferrari. This is because the more expensive the car, the greater the risk for the insurer. Not only are the repair costs of a Ferrari very high, the car is also a popular target of criminals. An expensive car is more likely to be broken into or stolen than a cheaper car. Moreover, if an expensive car is stolen, the damage amount for the insurer is very high. This is why some insurers are reluctant to insure an expensive car such as a Ferrari.

The cost of Ferrari insurance depends on a number of factors, including:

• Your age
• Your zip code
• The number of claim-free years you have accumulated
• The desired car insurance coverage

Often insurers do impose some requirements for insuring a Ferrari. For example, there must be a good security system on the car, usually SCM security class 3, combined with class 4 and 5. This reduces the risk of theft and burglary.

When purchasing car insurance, you always have a choice of three different coverages: WA, WA + limited casco or Allrisk. The best coverage to choose depends on the daily value of your car and your personal situation. A Ferrari generally has a high daily value, so comprehensive coverage is recommended. Below we will briefly explain all coverages.

WA

TPL stands for third-party liability. Every car owner is obliged to take out at least third-party insurance. With TPL insurance you are insured for damage you cause to another person. Damage to your own car is not insured with this coverage. For this you must take out more extensive coverage.

WA limited casco

A WA limited casco car insurance has broader coverage. With this you are also insured at:

• Collision with stray animals
• Hail and storm damage
• Lightning damage
• Fire and explosion
• Window Break
• Theft and damage from attempted theft

You often pay only slightly more premium per month for a third-party limited collision insurance, while being much more extensively insured.

All-risk

Finally, there is All-risk auto insurance. This is the most comprehensive coverage. Besides all previously mentioned damages you are also insured for damage to your car due to your own fault. All-risk coverage is therefore often taken out for very new cars and cars with a high daily value.