Murcielago Insurance, 20y/o

[Rsohyes]

I was wondering at 20 years old, is it even possible to get insurance on a Supercar such as a Murci.
Not that im looking at buying one, but there is the possibility of the use of one.
Are there any Specialist insurers or is it way too big a risk.

Cheers

[paulrussell]

At a guess I'd say around 8 grand for you to insure 1.

[DanB7290]

paulrussell said:

At a guess I'd say around 8 grand for you to insure 1.

And the rest, I had a higher quote than that on a Panda

[SteveS Cup]

Anything is possible buddy but I'd be guessing circa £20k+.

[SteveS Cup]

On an LP640 Admiral have quoted me £6980 and I'm 24, 7 years driving, 2 years NCB.

[Rsohyes]

Ill try Admiral, ive got 3 years NCB so hopefully that helps

[johnpeat]

There are ways and means but the (relatively) affordable ones will depend on the owner being able to insure you on their policy somehow. Even then I don't expect it will be cheap - but it MIGHT be 'affordable'.

You taking insurance on your own behalf on someone else's £150,000 asset will be brutally and unrelentingly costly - like you could buy a few nice cars and have change left over...

[Robfow]

£3238 quote here (from Bell) for an LP640, at 23 with 6 years driving and 0 NCB (although thats with parents as named drivers (often helps!), £5145 on my own...) - pretty reasonable I think.

[Mike Rob]

Not only is it highly unlikely an underwriter will write a policy for a 20 year old on that car, the ownership and insurable interest will dictate a no as well. I assume the vehicle is already insured under a seperate policy?

[ZOLLAR]

If you aren't the owner of the car (or at the very least a parent) then Admiral wouldn't cover as no insurable interest, also the starting age for a car like that would be 21 IIRC.

[wackojacko]

ZOLLAR said:

If you aren't the owner of the car (or at the very least a parent) then Admiral wouldn't cover as no insurable interest, also the starting age for a car like that would be 21 IIRC.

They quoted me on an E36 M3 Evo with no hesitation but an E34 M5 was another story

[slipstream 1985]

£3200 26 7years ncb 1 claim over a year ago. not bad.

[Rsohyes]

Its a friends car, he's going round the world for a year, maybe longer. And says if i can insure it i can use it.

Im 21 in 6 months so guess im going to have to wait till then.

[ZOLLAR]

Rsohyes said:

Its a friends car, he's going round the world for a year, maybe longer. And says if i can insure it i can use it.

Im 21 in 6 months so guess im going to have to wait till then.

Nice friend, the insurable interest will be a major problem even when you're 21.

[C2james]

i did a quote on a ferrari f430 and got a quote of £3900 with i think 2yr ncb being 20/21.

[slipstream 1985]

Rsohyes said:

Its a friends car, he's going round the world for a year, maybe longer. And says if i can insure it i can use it.

Im 21 in 6 months so guess im going to have to wait till then.

unless you had given me one of your kidneys i wouldnt be letting a friend use my supercar for 6 months!

[LuS1fer]

Rsohyes said:

Its a friends car, he's going round the world for a year, maybe longer. And says if i can insure it i can use it.

Im 21 in 6 months so guess im going to have to wait till then.

I would suspect an offer based on thee premise you couldn't possibly insure it and if you could, one that would melt away.

[Rsohyes]

Haha, think how surprised i was when he suggested it out of the blue. Im guessing he thinks its safer with me than it is in his Empty Houses Garage for a year.

[Mastodon2]

Personally, I wouldn't want the responsibility. Imagine taking it out and kerbing a wheel or scraping a wing in a McDonalds drive through or something, the repair costs would be frightening.

Will OP be paying for the service, repairs, tyres etc while he is using the car? I think it's a great fantasy, but if I was trusted to look after a friends supercar, I'd keep it safe and clean, and save my money for my own cars.

[iva cosworth]

Rsohyes said:

Its a friends car, he's going round the world for a year, maybe longer. And says if i can insure it i can use it.

Im 21 in 6 months so guess im going to have to wait till then.

Am i the only one who wants custard test ?