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zakruti.com » Auto & Vehicles » TheStradman
The COST of INSURANCE on my Lamborghini - Re-visited

The COST of INSURANCE on my Lamborghini - Re-visited

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Rating: 4.0; Vote: 1
The COST of INSURANCE on my Lamborghini - Re-visited Willy: Insuring an exotic car with A standard company like State Farm is not a good idea. I own an independent insurance agency in DC have been an agent for over 25 years. You really need a policy that provides what is called Agreed Value coverage. If your Lamborghini were stolen or totaled, State Farm would only pay you the actual cash value at the time of loss, which is typically considerably less than what you paid for the car. With an agreed value policy, you set the value (typically what you paid for the car) when you add the car to your policy. For example, you purchase a Lamborghini for 300, 000 and you add it to the policy with an agreed value of 300, 000. If the car is then totaled, they pay you 300, 000. Another really nice feature of these policies is that you can actually increase the value if the value of the car goes up. So if after a few years the Lamborghini you purchased for 300, 000 is now worth 400, 000, you can have your agreed value increased to 400, 000. It is basically impossible to compare prices on these type of cars, as there are so many factors that go into the price. The companies that specialize in this type of thing, dont rate the same as standard companies like State Farm. For example, I insure a 2. 7M Bugatti for a client and the annual premium is only about 3, 000. The main reasons the premium is so low is that the car is very rarely used, is kept in an ultra-secure garage with a very high-tech security system, and the client has experience owning other high horsepower cars. He does also have a good driving record, if you have a bad driving record, the cost of insurance for these type of cars will really increase.
Date: 2019-10-19

Comments and reviews: 9


it goes to show you that you have money to have fun in Utah i'm from Ogden and said peace and now i live in Portland Oregon i have a little more money not that i could buy a lambo any time soon but i have a new truck that is a 94 Chevy s10 i know that's not new but for 2000 buck and with 84, 000 miles so for the year it's new and i have way more fun here than i would with the same amount of money in Ogden so get out of Utah unless you have money so your brain dead and like it there. i do miss the view at my parent house and my parents bu the view of Snow Basin they live just half a mile from the bass and i love hiking the west side you can see everything from up there and if you have never been to Moab it's the one place you got to go at Arch's National Park. They have filmed countless movies there and you can even skateboard, if you find the right spot on some naturalistic skate parks good place to visit if you have money not a good place to live but that just me.
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I doubt you will see this but I wanted to tell you to sell that Audi TT as fast as you can I used to own one and the transmission went out at 45k so the dealer wouldn't cover (obviously it's out of warranty. I was thinking no biggie because I had a non-factory extended warranty. Long story short I had to get an attorney to get the damn thing fixed. Cost like 10k with parts and labor and took damn near a month Lastly, it must be nice to live in Utah because down here in Texas insurance is super expensive It cost me 289. 00 a month to insure a 2016 GT TP car, 2017 Hyundai Elantra and a 2007 GSXR 1000 with no wrecks and no tickets, 32 year old male with good credit and job.
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i can only dream of these figures. I pay 212 euro's a month for a Mercedes a-class, got a perfect driving record for 4. 5 yearsi hate my country (Belgium. you pay this absurt amount of money simply because off age you can't say that muslims are terorist but saying all young people are reckless driver who crash their time all the time thats just fineand no im not racist just making a pointnice vds BTW: )
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yoo can u answer me, is it safe to drive lambo cuz i am planning to buy one. I mean i see jelly people over lambo and hit the lambo on utube. mostly because of reviving. but wth rev is part of the car. i mean i dont want people hit my car, i dont care if they scold me or anything. any thoughts? i live in new zealand
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So. Pretty much. U got the comprehensive coverage with possible multi line discount based on a clean driving record and u look like that u live in a cheap state. Ur insurance policy being that cheap didn't really surprise me after all my thought process
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I'm 19 and I own a Hyundai Genesis Coupe R-Spec, my insurance is 375 for full coverage. I Wish I could pay 400 a month for a lambo that would be wild but I guess since I'm young my insurance is super high (no accident or tickets)
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The other factor is where you live. If you were in an urban area you may see higher pricing. Also too the state makes a difference. In New Jersey you have one of the highest costs for Personal Auto insurance
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should have thanked that man for not walking in your shot he was being mindful. we blast the ones who don't care least we can do is give kuddos to the ones who are considerate of our filming
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Any chance you can give a bit more detail on the trail you were on? I know you mentioned Empire Pass. I don't have a Raptor but I do have a Silverado that can keep up with your Jeep.
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