Performance Car Insurance

If you’re the owner of a performance car, performance car insurance can be extremely difficult to arrange. Not only is it more expensive, due to the nature of the vehicle itself, but there are also so many other issues to take into effect, such as a higher risk of theft.
However, if you know where to look, you can still find performance car insurance that will allow you to drive the car of your dreams without crippling costs involved.

As well as the extra costs involved in ensuring your car is covered, performance car insurance can have many other obstacles to overcome. To give you an idea of the problems you can face, and how to get around them, you need to ask yourself some questions:
⦁ Is your age going to affect the insurance premium?
⦁ Is your car a domestic or imported model?
⦁ Is your car for everyday use, or special occasions only (race days, for example)?
⦁ Is your car classed as a classic sports or performance model?

About Performance Car Insurance

Once you ask yourself these questions and have narrowed the answers down, this will allow you to start looking for the type of performance car insurance that is specific to your needs, as opposed to simply generic. The other benefit of doing this is that you can also narrow the search for insurance companies that are right for you. After all, there’s no need to use a specialist performance car insurance company that only deals with imports, if you’re car is a UK sports model.

Before you even look for an insurer, though, there are some tricks that you can use that will give you an even better chance of lowering the cost of the insurance for your performance car. They are that simple as well, that you’d be surprised how many people don’t even know about them, never mind use them.

For example, did you know that if you’re part of an owners club for performance cars, insurance rates could be significantly lower? Depending on the model and the type of owners club, you could save up to 15% on what your normal premium would be. The reason for this is straightforward – being part of an owner’s club shows you take care of your car, and that extra care can result in a reduction on your insurance quote

Compare 50 performance car insurance Quotes

Another way you can make significant savings on your performance car insurance is by upgrading your driver status. One of the reasons that this type of insurance is so high is because the insurance companies look at the power of the car and the extra skill needed to control it. However, if you took an advanced driver’s course such as Pass Plus or the Institute of Advanced Motoring (IAM), this would show that you have the driving skills to safely control your performance car. Insurance companies can often reduce their prices by as much as 25% when you take up this option.

Although owning a prestige car does often lead to higher costs all round – tyres, services, repairs, etc – there’s no need why your performance car insurance should be added to the list. With a little knowledge, it won’t be.