Home » Car Insurance » Prestige Car Insurance

Prestige Car Insurance

Compare Cheap Prestige Car Insurance Quotes

  • Compare prestige car insurance with QuoteRadar
  • Search over 100 car insurance providers
  • Porsche, Aston Martin, Mercedes and many more covered
  • 50% of customers could save up to £283.83
  • Compare & see if you can save today!
prestige car insurance

Excellent: 4.9/ 5   ★★★★★   based on 119 reviews

2gether insurance logo
gsi insurance logo
mayfaironline insurance consultant
hastingsdirect logo
admiral prestige car insurance
swiftcover car insurance logo

Why you need prestige car insurance?

If you drive a luxury or prestige car, you need to make sure you have the right insurance cover. Owners of high-end cars may benefit from a specialist prestige car insurance policy.

Prestige cars are usually classed as those which are of particularly high value or power. Often European made, prestige car insurance can also be referred to as luxury car insurance, or sports car insurance.

If your luxury car is older than 25 years, you could find that it is better classified as a ‘classic car’ and choosing this type of insurance cover instead.

Who needs prestige car insurance?

If you own any of the following cars, makes or models, you might need prestige car insurance:

  • Porsche
  • Bentley
  • Lamborghini
  • Lotus
  • Aston Martin
  • Bugatti

What does the cover include?

All motorists need to have a minimum level of insurance cover in place to drive legally on the roads. As prestige cars often represent a significant investment, most owners opt for fully comprehensive insurance, rather than third party only, or third party fire and theft.

Comprehensive insurance means that in the event of an accident, costs of repair or replacing your own vehicle are covered, as well as any damage to third parties.

What additional cover is available?

Depending on your circumstance, you might wish to add a cover to your prestige car policy.

Accidental damage if your car is accidentally damaged e.g. scratched whilst parked, your insurance will cover the cost of repair.

Theft, or attempted theft replacing prestige cars can mean big costs. Your policy will cover against theft, or attempted theft if your vehicle is stolen and needs repair after it is recovered.

Windscreen cover replacing a windscreen can be expensive. Most prestige insurance policies will cover the cost of replacing the windscreen.

Vandalism If your car is damaged deliberately, this policy will cover the cost of repairs

Towing or recovery costs if you are involved in an accident and your car cannot be driven, this policy will cover the costs of towing your car

How to save money on prestige car insurance?

If you drive a prestige or exotic car, you may find that as well as the high costs involved with buying such models, insurance tends to also be expensive.

By following a few simple principles, you could save money on your prestige car insurance.

  • Compare quotes

Many insurers are able to offer specialist policies for prestige car owners.It is worth checking quotes from a range of different insurers. Make sure you are comparing like for like cover.

  • Keep your car secure

The risk of theft is high for performance and luxury cars. Reduce the risk of making a claim by always keeping your vehicle stored securely when not in use. Parking in a garage or secure compound may lower the cost of your premiums. Fitting an immobiliser may also help lower costs.

  • Increase your excess

The excess is the amount you pay in the event of a claim. By raising the amount of excess you pay for your premium car, you could cut the overall monthly cost of your cover.

  • Take an advanced driving course

If you are able to demonstrate that you are a ‘safer’ driver, some insurers could offer reduced premiums in return.

  • Multi-vehicle discounts

If you are lucky or hardworking enough to own more than one, or a collection of prestige cars, you may be able to negotiate a discounted rate with your insurer to insure more than one of your vehicles.

  • Agreed mileage cover

If you only use your prestige car for shorter journeys, you could reduce your premium costs by sticking to an agreed mileage. This type of policy is suitable if you only drive your exotic car at the weekend, for example.

Copyright © 2018-2022 QuoteRadar.co.uk
Quoteradar.co.uk is a trading style of Zorley Limited, Registration No: 12867725 who are a Limited company registered in England, Registered office: Zorley Ltd, Kemp House, 152 - 160 City Road, London EC1V 2NX.

We don't recommend or offer advice on which insurance is the best for you and may get a flat commission from our listed sites once our visitors click on their site and make a transaction or fill out the quotation form.