# Insuring the supercar... **URL:** \ **Category:** Factual Questions\ **Created:** [May 4, 2007, 2:12am UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704 "2007-05-04T02:12:03Z")\ **Posts on this page:** 15\ **Page:** 1
**Author:** ![Tristan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/tristan/32/18058_2.png) [@Tristan](https://boards.straightdope.com/u/Tristan)\ **Post date:** [May 4, 2007, 2:12am UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/1 "2007-05-04T02:12:03Z")
I was daydreaming today, on my drive to work, about how awesome it would be to have my dream care to do this trip in. Now, to legally import and clear a Skyline R35 into the US, it would cost me approx $100,000. Would AAA, or Geiko even bother to insure a car for that much? Or is there special insurance for high end cars? ---
**Author:** ![groman](https://avatars.discourse-cdn.com/v4/letter/g/73ab20/32.png) [@groman](https://boards.straightdope.com/u/groman)\ **Post date:** [May 4, 2007, 2:27am UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/2 "2007-05-04T02:27:22Z")
[QUOTE=Tristan] Would AAA, or Geiko even bother to insure a car for that much? Or is there special insurance for high end cars? [/QUOTE] I would assume so, since $100K is hardly “supercar” prices. For example, the BMW 760Li sedan is [over$120K MSRP](http://www.bmwusa.com/vehicles/7/760lisedan/default) and, while a luxury car, cannot be really called a “supercar” in any sense of the word. In fact, I just went to [Progressive.com](http://Progressive.com) and answering honestly (I’m a young single male) but pretending I have a brand new 760Li sedan. I got a quote for $538 a month with $500K liability coverage, and $500 deductible on collision and comprehensive. I would think the make and model of the car matter, but not significantly enough to make it uninsurable. ---
**Author:** ![Doctor\_Who](https://avatars.discourse-cdn.com/v4/letter/d/ed8c4c/32.png) [@Doctor\_Who](https://boards.straightdope.com/u/Doctor_Who)\ **Post date:** [May 4, 2007, 2:27am UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/3 "2007-05-04T02:27:44Z")
[QUOTE=Tristan] Would AAA, or Geiko even bother to insure a car for that much? Or is there special insurance for high end cars? [/QUOTE] I think they would, but I bet your deductible would be pretty massive. Of course, on edit, **groman** might have proved me wrong. ---
**Author:** ![Telemark](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/telemark/32/372_2.png) [@Telemark](https://boards.straightdope.com/u/Telemark)\ **Post date:** [May 4, 2007, 3:10am UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/4 "2007-05-04T03:10:01Z")
If the cost of the car is legal hurdles, modifications for US use, and transportation, I doubt they’d include that in the insured value of the car. You’d have to discuss this carefully with the insurance agent before writing the policy. ---
**Author:** ![Rico](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/rico/32/3582_2.png) [@Rico](https://boards.straightdope.com/u/Rico)\ **Post date:** [May 4, 2007, 4:33am UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/5 "2007-05-04T04:33:06Z")
I have to admit, I had to Google your dream car. I was not familiar with it. [Here it is.](http://www.freshalloy.com/site/cars/nissan/skyline/r35/concept/home.shtml) A _Nissan_? I’m probably opening up a big can of worms here, but my idea of a Nissan dream car is an original 240Z - not a tricked-out Maxima. But to each his own, I guess. An old boss had a BMW 760iL and I got to drive it once. Wasn’t all that impressed. I guess if I was on the autobahn, I might have developed a different opinion. But on Los Angeles freeways, it just was a car you worried about getting a dent in. ---
**Author:** ![helpmewithaquote](https://avatars.discourse-cdn.com/v4/letter/h/b9e5f3/32.png) [@helpmewithaquote](https://boards.straightdope.com/u/helpmewithaquote)\ **Post date:** [May 4, 2007, 9:40am UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/6 "2007-05-04T09:40:09Z")
[QUOTE=Rico] I have to admit, I had to Google your dream car. I was not familiar with it. [Here it is.](http://www.freshalloy.com/site/cars/nissan/skyline/r35/concept/home.shtml) A _Nissan_? I’m probably opening up a big can of worms here, but my idea of a Nissan dream car is an original 240Z - not a tricked-out Maxima. But to each his own, I guess. An old boss had a BMW 760iL and I got to drive it once. Wasn’t all that impressed. I guess if I was on the autobahn, I might have developed a different opinion. But on Los Angeles freeways, it just was a car you worried about getting a dent in. [/QUOTE] Wow - dems fighting words! In a reading comprehension test, an R35 would be to a Maxima what Godzilla is to Micropithecus clarki, ---
**Author:** ![si\_blakely](https://avatars.discourse-cdn.com/v4/letter/s/d9b06d/32.png) [@si\_blakely](https://boards.straightdope.com/u/si_blakely)\ **Post date:** [May 4, 2007, 10:04am UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/7 "2007-05-04T10:04:38Z")
Maybe you could ask the man who crashed a [Bugatti Veyron](http://news.bbc.co.uk/1/hi/england/surrey/6422215.stm). There goes his no claims bonus … forever How do you replace a limited run car like that? Si ---
**Author:** ![racer72](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/racer72/32/3075_2.png) [@racer72](https://boards.straightdope.com/u/racer72)\ **Post date:** [May 4, 2007, 11:32am UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/8 "2007-05-04T11:32:27Z")
If you want to look at wrecked exotic cars, [this](http://www.wreckedexotics.com/) is a good place to start. ---
**Author:** ![Tristan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/tristan/32/18058_2.png) [@Tristan](https://boards.straightdope.com/u/Tristan)\ **Post date:** [May 4, 2007, 2:19pm UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/9 "2007-05-04T14:19:11Z")
[QUOTE=Rico] IA _Nissan_? I’m probably opening up a big can of worms here, but my idea of a Nissan dream car is an original 240Z - not a tricked-out Maxima. [/QUOTE] Upon further research, I am once again correcting myself… the car I want is an R-34 GTR. Dang it. Thank you for all your research folks… an interesting response, and totally not what I was expecting. Ignorance fought! ---
**Author:** ![MrFloppy](https://avatars.discourse-cdn.com/v4/letter/m/43a26b/32.png) [@MrFloppy](https://boards.straightdope.com/u/MrFloppy)\ **Post date:** [May 4, 2007, 7:40pm UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/10 "2007-05-04T19:40:17Z")
$100K is hardly supercar territory. I’m off to [Geico.com](http://Geico.com) to plug in an SLR McClaren Benz, Carerra GT3, Enzo or Koenigsegg. ---
**Author:** ![Ike\_Witt](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ike_witt/32/283_2.png) [@Ike\_Witt](https://boards.straightdope.com/u/Ike_Witt)\ **Post date:** [May 4, 2007, 10:13pm UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/11 "2007-05-04T22:13:37Z")
My $98,000 car is insured by Geico. ---
**Author:** ![Saint\_Cad](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/saint_cad/32/18907_2.png) [@Saint\_Cad](https://boards.straightdope.com/u/Saint_Cad)\ **Post date:** [May 4, 2007, 11:33pm UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/12 "2007-05-04T23:33:17Z")
[QUOTE=adam yax] My $98,000 car is insured by Geico. [/QUOTE] But that’s LESS than $100K, isn’t it? I don’t see how that applies to the OP’s question. 😉 ---
**Author:** ![Tuckerfan](https://avatars.discourse-cdn.com/v4/letter/t/eada6e/32.png) [@Tuckerfan](https://boards.straightdope.com/u/Tuckerfan)\ **Post date:** [May 5, 2007, 3:12am UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/13 "2007-05-05T03:12:48Z")
It really depends upon the kind of car, what your driving record is, and how much risk the insurer is willing to assume. There are certain insurance companies who won’t touch extreme high performance cars, others of them will only insure the car if you _don’t_ drive it more than a certain number of miles each year (and many of them will require things like security systems, fire alarms and the like in the area where the car is to be parked most of the time). Lloyd’s of London, will insure danged near anything though, but they’ll charge you through the nose for it. ---
**Author:** ![Bryan\_Ekers](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bryan_ekers/32/183_2.png) [@Bryan\_Ekers](https://boards.straightdope.com/u/Bryan_Ekers)\ **Post date:** [May 5, 2007, 3:26am UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/14 "2007-05-05T03:26:34Z")
What advantages does that car have over, say, a train, which I could also afford? ---
**Author:** ![Tuckerfan](https://avatars.discourse-cdn.com/v4/letter/t/eada6e/32.png) [@Tuckerfan](https://boards.straightdope.com/u/Tuckerfan)\ **Post date:** [May 5, 2007, 3:32am UTC](https://boards.straightdope.com/t/insuring-the-supercar/402704/15 "2007-05-05T03:32:32Z")
[QUOTE=Bryan Ekers] What advantages does that car have over, say, a train, which I could also afford? [/QUOTE] Well, it’s kind of hard to cruise the nightclubs for chicks with a train.