These quotes are for a 2003 Noble M12 GTO, valued at £25000 and fitted with a Thatcham approved alarm/immobiliser.
All driver examples based on no accidents, maximum NCB, 1 minor speeding conviction, and having owned the car for over 12 months with comprehensive cover. To include a £500 excess in all cases.
Example 1) 30 year old banker from London:
3000 miles per annum - £850.00
7500 miles per annum - £1000.00
Unlimited miles per annum - £1200
Example 2) 37 year old factory owner from Peterborough:
3000 miles per annum - £600.00
7500 miles per annum - £750.00
Unlimited miles per annum - £850.00
Example 3) 55 year old property developer from Bristol:
3000 miles per annum - £500.00
7500 miles per annum - £600.00
Unlimited miles per annum - £700.00
Model variance:
For an equivalent M400 model you would be looking at an approximate increase in premium of 15%.
The age and value of the car would also have some bearing on the insurance quote. For example if the car was slightly older or worth slightly less the above premiums would probably reduce a little, likewise if the car was newer or worth more the premiums would increase.
Other factors are the obvious ones when it comes to insuring these types of cars. Wherever possible keep the mileage down, and preferably keep them in a garage overnight. Having an aftermarket tracking device is also a big help, and relevant driving experience is a massive advantage. If you can show that you have a history of claim free driving in high performance saloons/sports cars, it will be far easier to obtain competitive premiums.
Noble M12 Buying Guide Index: