Here at Arkwright, we are specialist insurance brokers with more than 20 years of experience in the luxury, high value and supercar insurance industry.

If you’re looking for an insurance cover for your supercar and are curious to see how much this will cos you, here are some examples of agreed value costs:

• If you own a supercar which has an agreed value of £150,000, then the annual insurance costs could be between £1,500 and £2,250.
• For a supercar with an agreed value of around £40,000, the premium could be around £400 to £600 with an agreed value insurance cover.
• For high value supercars where the agreed value exceeds £300,000, the percentage rate may vary. For example, 1.5% is often a realistic starting point when looking at the cost of insurance.

What Can Affect the Cost of Supercar Insurance?

When it comes to supercar insurance, it is important to remember that the above examples are only estimates and therefore, should only be used as a guide. The actual cost of your supercar insurance will depend on many different factors, such as, your age, driving experience, the value of the vehicle, as well as the level of cover you require.

How Expensive is Supercar Insurance?

For many owners, a supercar is often a big investment, however, the insurance costs may not be as expensive as you think. For drivers with a clean driving history and a good level of experience with performance vehicles may be able to access more competitive insurance costs than those who are new drivers or have has claims in the past.

Insurers can offer cover which is bespoke to the needs of supercar owners. Where that be agreed value cover, or a specialist policy to cover the unique specification of the vehicle, either way, the insurer will assess the overall risk to calculate the premiums.

Why Choose Arkwright for Supercar Insurance?

Whether you’re looking to insure a high performance or high value vehicle, choosing the right insurance policy is just as important as finding a low premium. This is where we can help.

At Arkwright, we understand that supercars and their owners can both have very different insurance requirements, especially when compared to standard vehicles. We can help to identify specialist insurance policies which are tailored to suit your individual circumstances, rather than having to rely on a standard car insurance policy.

Our team have access to a specialist network or insurers and have the knowledge and experience to help you understand the different options available, from agreed value cover to specialist policies. Not only this, we can help you find the best premiums available so you know exactly what you’re paying.

We believe that having the right insurance in place as well as knowing what you’re paying for offered reassurance that your supercar is properly protected in the event of an accident or other incident. Therefore, sometimes just looking for the cheapest policy, doesn’t mean you’re getting the best overall cover. We can help you find cover that offers the perfect balance between protection and the cost.