If you’ve made it to this page, you’re probably giving serious thought to the idea of buying some kind of exotic car if you haven’t done so already.

So in this guide, I’ll do my best to give you the resources you need to insurance one of the exotics.

They Cost More To Insure

You’ve probably assumed as much, but any exotic car is going to cost a lot more than you’re used to for insurance… especially if you want full coverage.  Not only are the parts for the car expensive in the event the vehicle is damaged, the massive horsepower and speed many of them can achieve makes them a risky proposition for any insurance company

Perceived Risk

You’d think for companies whose business is risk, they’d be willing to take some chances, right?  As it turns out, not so much.

Most regular auto insurance companies simply won’t underwrite a policy on anything truly exotic.  Heck, they start to get a little weak in the knees when you ask them to insure a luxury or mass market sports car (Ford Mustang, Dodge Viper, Chevy Corvette, etc).

It all comes down to perceived risk.  They figure that if a car is capable of being driven at high speeds, it will be.  They’re assuming (and often correctly) that you want a car that will go fast so you can drive it fast.

That means you’re more likely to wreck it… or wreck someone else.

And on some cars, the parts to repair it range from extremely difficult to impossible to find (they’d have to be custom machined).

Oh, and keep in mind that taking your car to the track for “performance testing” isn’t going to be covered by anyone.

Getting The Best Deal / Getting A Policy At All

For some cars, the following tips will help you get the best price on your insurance policy.  For some, they’ll be the only way to get a policy… at all.

Mileage – To qualify for most policies, you’ll have to agree to drive it less than 10,000 miles a year.  If you can do that, some collector car insurers will take you.

Security – Security is a must.  If you own a highly desirable car, it’s highly desirable to steal.  That means it’ll need to be stored in a locked garage and when it’s out in the untamed wild, you’ll want to make sure you’ve got a company approved security system.  Ask your insurer, but they usually want Lojack or some kind of engine immobilizer to be included.

Are You A Safe Driver? – If you’ve got a sketchy driving record, you’re shooting yourself in the foot here.  You’re taking a difficult task and making it nearly impossible.  You want to have a clean driving record – no accidents – no tickets.  Keep the high speed driving to the track, ok?

Owners Clubs – Every car on the list below has an owners club.  Join it.  They’ll be able to point you in the right direction for someone who will insurance the car you’re driving.  I know – it needs to be insured before you can drive it at all so call them up and ask who you can get insurance through.

You can also find insurance online and I do have some resources posted on this site, most of them are mass market auto insurers, though there are a few speciality insurers, and it’s free to get a quote so you could give it a try – when you do, post in the comments and let me know who covered you.

Hard To Insure / Unisurable Cars

This isn’t an exhaustive list by any means, but owning any of these cars is going be expensive… for many of them, you’ll only be able to get basic liability insurance and only through a specialty provider and even that will be expensive.

Also, keep in mind that the high end of many mass market manufacturers (BMW, Mercedes, Acura) will be on this list as well.

Then again, if you can afford to buy one of these cars, you should be able to assume the risk yourself, right?

• Aston Martin
• Bentley
• Bugatti
• Delorean
• Ferrari
• Land Rover
• Lotus
• Lamborghini
• McLaren
• Porsche
• Rolls Royce
• Saleen