ferrari insurance

Insuring a Ferrari in Australia is not for the faint-hearted or the frugal. Expect annual premiums to start north of $3,000 AUD for the more modest models and rocket well beyond $10,000 AUD for the exotic beasts like the 812 Superfast. Used Ferraris can still cost a pretty penny to insure, with premiums varying based on the model year, driver history, and coverage level. Common issues in Ferrari insurance include:

• High premiums due to performance and replacement costs
• Limited insurer options willing to cover such exotica
• Strict requirements on driver age and experience

For the best deals, check out quotes on Tradingpost or car insurance comparison sites, and always read the fine print. Remember, your wallet will cry, but at least you'll be covered when you inevitably push it too hard.