Auto Insurance for Sports Cars: Practical Solutions

Let's face it. You didn't buy your brand new Porsche or Maserati Quattroporte V because you are a practical person. You are a daredevil, a risk taker type, and you enjoy driving fast and seeing what your high performance car can do.

Unfortunately, auto insurance for sports cars can really drain your battery, metaphorically.

If you are suffering from the sports car insurance blues, this article will be just what you need. This essay attempts to boil down the essential problems you face and to spell out some fast (you like fast, don't you?) solutions that can put you back into the driver's seat of your own life.

Auto Insurance for Sports Cars -- Two Key Challenges

Challenge 1: Sports car drivers tend to be risky, reckless, and careless (compared with the rest of the population). Insurance companies are in business to make money. They are always looking at the bottom line. And when someone buys a sports car, this can be a major red flag. After all, sports car drivers tend to drive fast and to get into more accidents and injury collisions. Plus, when they do get into accidents, the damage tends to be bigger, bolder, and more catastrophic -- that's the price you pay, sometimes, for living on the edge.

Challenge 2: High performing sports cars tend to be targets for vandalism and theft. If you want to buy theft protection, comprehensive, and collision, you may need to pay more.

It's frustrating. The factors that drive up your rates are out of your control. So is it time to give up and trade in your Maserati for a sensible sedan? Or maybe ship it off to Europe and take your chances on the Autobahn? Perhaps not. Because a variety of potential solutions awaits you...

Cheaper and Better Auto Insurance for Sports Cars
Not all sports cars are treated equal by insurance companies. If you haven't yet bought the fast car of your dreams, research the track record of prospective makes and models. Aim to avoid buying a car that has a really bad road record.

Also, no matter where you are -- even if you own a very "risky" car and have multiple traffic citations and even accidents on your DMV record -- you can put yourself on track to longer term success. Install better safety features in your car (such as antilock brakes and airbags), take a defensive drivers course, improve your credit score, and reduce the amount of miles you drive on average annually to win points with sports car insurance companies.

There are other sneaky ways to get discounts on auto insurance for sports cars. For instance, if you have the cash to pay for a Maserati Quattroporte V, you likely have enough money to pay your insurance in an annual lump sum (as opposed to monthly installments). This trick can net you a savings of 5% just on administrative fees. Use one carrier to insure your home and auto for a discount. Pay off more of your car for additional discounts. Install an antitheft alarm for savings of 5% to 10%. Raise your deductible to slice your premiums. And speak with a qualified agent to help you analyze your needs, identify strategic solutions, and execute them.

Lastly -- and this should be obvious -- but if you really want quality auto insurance for sports cars, you need to be a safe and conscientious driver. This doesn't mean that you can't enjoy your vehicle. But it does mean that you have to adhere to the rules of road and drive defensively.

Get Quotes to Find Quality Auto Insurance for Sports Cars
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See how much you could save today on your car insurance. Get your free auto insurance quotes today!