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lovekee's avatar

How much is car insurance for a Lamborghini?

Asked by lovekee (16points) November 7th, 2008 from iPhone
Observing members: 0 Composing members: 0

4 Answers

battlemarz's avatar

If you have to ask….

asmonet's avatar

You can’t afford it.

No, but really, why not ask this website?

mjoyce's avatar

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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