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» Hatrack River Forum » Active Forums » Books, Films, Food and Culture » Insuring a Supercar?

   
Author Topic: Insuring a Supercar?
Blayne Bradley
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A friend told me that assuming that if I ever managed to buy a Buggatti Vehron theres not a single insurance company in Canada that would even if I had the income.

How true is this? For example wouldn't I be able to go to Lloyds of London? They have a Canadian branch don't they?

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Mucus
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They have insurance companies that cover people with cars that are too expensive or have too many accidents. These are not provincially regulated in the same way and have very high rates, but they do exist. I do not recall their name. (In Ontario at least)
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PSI Teleport
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I doubt that the Veyron is street legal. I don't think you have to insure it if it's just sitting in a garage somewhere.
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Darth_Mauve
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So, who insures the Bat-Mobile? I bet he's got one hum-dinger of a deductible.
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Goody Scrivener
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Wayne Enterprises probably owns an insurance company LOL.
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Blayne Bradley
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quote:
Originally posted by PSI Teleport:
I doubt that the Veyron is street legal. I don't think you have to insure it if it's just sitting in a garage somewhere.

It is street legal, its the worlds fastest road car.
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breyerchic04
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You most definitely do have to insure it, just not in the exact same way.


Blayne if this is really an issue for you I can talk to someone i know. He regularly buys and sells cars beyond normal insurance.

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Speed
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quote:
Originally posted by PSI Teleport:
I doubt that the Veyron is street legal. I don't think you have to insure it if it's just sitting in a garage somewhere.

What if it's sitting in the parking lot outside your community college dorm room?
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Blayne Bradley
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I was asking mostly out of curiosity I dont have a Veyron though I want one.
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PSI Teleport
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quote:
Originally posted by Blayne Bradley:
quote:
Originally posted by PSI Teleport:
I doubt that the Veyron is street legal. I don't think you have to insure it if it's just sitting in a garage somewhere.

It is street legal, its the worlds fastest road car.
Huh. So it is. I think if I saw a Veyron driving down I-20 I'd have a heart attack.
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Tstorm
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I wouldn't even know what it was. Just another weird-looking car that probably costs more than mine.
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Samprimary
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quote:
Originally posted by Blayne Bradley:
quote:
Originally posted by PSI Teleport:
I doubt that the Veyron is street legal. I don't think you have to insure it if it's just sitting in a garage somewhere.

It is street legal, its the worlds fastest road car.
The world's fastest street-legal road car is a a privately owned custom car. The Veyron isn't even the fastest production road car — that title presently belongs to the Barabus TKR.
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breyerchic04
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Blayne when you do get one, let me know.
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scifibum
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Couldn't you just self-insure? Perhaps you'd have to put some money in escrow or something, but if you're rich enough to have one of those cars you ought to be rich enough to cover your own liability.
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Blayne Bradley
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quote:
Originally posted by breyerchic04:
Blayne when you do get one, let me know.

by then I think we might be a tad old [Smile]
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breyerchic04
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I'm just going to hook you up with an insurance agent. Maybe a buyer for when you decide it's not worth it.
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PSI Teleport
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I'm just curious, Blayne. Have you been watching too much Top Gear?
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Papa Moose
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quote:
Originally posted by Samprimary:
The Veyron isn't even the fastest production road car — that title presently belongs to the Barabus TKR.

Barabus made Team Knight Rider's car?
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