[pastarocket]

-estimates of insurance premiums from a Canadian insurance company for some exotics. The insurance amounts are enough to buy a car. :eek3:

Exotic Cars & Their Insurance - The Most Expensive Rides of 2012 (http://www.kanetix.ca/exotic-car-insurance)

2012 Koenigsegg Agera R
Price: $1.7 million

Estimated Annual Auto Insurance Cost: $30,876

Pagani Huayra
Price: $1.3 million

Estimated Annual Auto Insurance Cost: $23,611

Aston Martin One-77
Price: $1.4 million

Estimated Annual Auto Insurance Cost: $23,828

Zenvo ST1
Price: $1.8 million

Estimated Annual Auto Insurance Cost: $42,240

Bugatti Veyron Supersport
Price: $2.6 million

Estimated Annual Auto Insurance Cost: $50,855

[ts14]

It's cheaper just to get the day permits everyday :lawl:

[1exotic]

^ Umm but if you can afford a 1.3 - 2.6 million dollar car 30-50k is chump change.. I doubt the owners would go through the hassle of going to insurance to buy permits constantly.

[bananana]

Also, ICBC doesn't actually cover comprehensive insurance for exotics. These cost estimates are all from private insurance companies. IIRC, ICBC's insurances maxes out around $8000.

[vvd]

Aston Martin One-76
Price: $1.4 million

Estimated Annual Auto Insurance Cost: $23,828



:troll:

but in all seriousness... that's insane. Even though it's probably chump change to those who can afford the cars.

[Leopold Stotch]

iuno, i dont' think that's that expensive all in all.

[TRDood]

iuno, i dont' think that's that expensive all in all.

The cost of insurance for some people is worth more than their cars.

$1 million car, $20,000 insurance per year is only 2%.

An average car is about $40,000, people on average probably pays $2,000 for insurance, which is 5%.

Relatively speaking... deal? :ilied:

[PJ]

^ Umm but if you can afford a 1.3 - 2.6 million dollar car 30-50k is chump change.. I doubt the owners would go through the hassle of going to insurance to buy permits constantly.

+1..

If you can blow over a MILLION on a car, insurance shouldn't be an issue at all..

[mb_]

Actually what I originally expected (sort of)

[Redlines_Daily]

I thought I remember reading that it costs about $20,000 a year to insure a Ferrari/lambo for a new driver through ICBC. Think I read that when all those supercars got tagged for street racing.

[PJ]

I thought I remember reading that it costs about $20,000 a year to insure a Ferrari/lambo for a new driver through ICBC. Think I read that when all those supercars got tagged for street racing.

Not sure about New Drivers, but a family friend had a Gallardo, and I think I remember him saying it was around $7000 a year.

I guess it depends on your coverage, discount, and so on.. Also a lot of people only insure the cars for a few months out of the year..

[flagella]

% wise relative to the car value, pretty reasonable.

[Akinari]

No surprise here. Don't forget the cost of gas too, those things chug premium like there's no tomorrow.

[JSALES]

If you can afford a supercar, you can afford the insurance.

[belaud]

No surprise here. Don't forget the cost of gas too, those things chug premium like there's no tomorrow.

You must be talking about my car.

[ilovebacon]

im guessing u should have more than 2-3mill before buying a luxury car

[320icar]

Yeah, I'll stick to paying $153 a month, thanks

[falcon]

Keep in mind comparing ICBC to the rest of the country and the USA dosen't work. Since our insurance is subsidised and set at a limit to keep things "fair."

[maxx]

R8 GT spyder that was sold at audi of richmond was estimated at $20k for the customer that bought it.