How much is car insurance for a Lamborghini?
Asked by
lovekee (
16)
November 7th, 2008
from iPhone
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4 Answers
You can’t afford it.
No, but really, why not ask this website?
Typically limited edition, and halo cars are not covered by regular car insurance companies (over $150k value, AND limited production). Your top-end merc’s don’t usually fall into this category.
They are covered by other high-risk insurance companies, the same that cover airplanes and yachts. Think of premiums in the $2k+ / month range here. With a very high deductible, $20k or more.
However, the requirements in most state (CA as a reference) you can exclude yourself from the liability auto insurance requirement if you place $150k in an escrow account to be used if you are in an accident.
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