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What is Performance Car Insurance?
This type of insurance is aimed towards individuals who have fast or performance cars. These cars are usually more expensive to repair as they are the top of the range for the car model.
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As the performance cars are designed to perform well at greater speeds than the average car, the premium is always going to be calculated at a higher rate after all, if you have a fast car then the chances are you will be driving it faster than you would an average car.
What factors will increase my premium?
Another risk element when you own a performance car is theft. Performance cars will entice the car thief ten fold as it is more likely to be picked for the likes of joyriders, again this will punish your premium. By parking your car in a garage will greatly reduce your premium (and the liklihood of theft).
The area in which you live will also be a deciding factor of your premium (higher crime areas will cost more)
Your age is another important factor to consider when thinking about buying a performance car. Statistics show that young drivers are far more likely to be involved in an accident than mature drivers. Also if you are male, expect to be heavily penalised when getting a performance car insurance quote. Women are considered a lesser risk and drive less aggresively than males hence will receive a cheaper quote on their premium.
Points and Convictions
If you have received any driving penalty points or had any motoring convictions OR claims during the last 5 years your premium could be out of reach.
Visit www.aph.org.uk and let us help you compare performance car insurance for performance cars. |