Add to this the fact that youngsters who love to drive cars at high speed are nowadays going in for sports cars and most of them, especially those who are purchasing a sports car for the first time, have hardly any experience of handling such exotic cars. Insurance companies classify cars in groups from 1 to 20, cars listed in `category 1’ cost the least to insure, whereas sports cars which lie in the category 15 through 20 cost the most to insure. However, there are means by which you can help to reduce this premium amount. If you are living in crime prone areas, get your sports cars fitted with an immobilizer, a steering lock and a car alarm. When going in for a stereo for your sports car, go in for the detachable variety. These will help to reduce the premium amount for your sports car.

Yup, that’s a Ferrari F430, and for those with enough cash money to buy one of these drop dead gorgeous vehicles; car insurance is more like life insurance — they love their car more than its monetary value, and they want to protect it, whatever the cost… They’re not looking for affordable car insurance for sports cars, they want A-class Ferrari Insurance, and who can blame them?

Well — all we can advise you is to talk to the big players in the industry. Talk to GEICO, take a car insurance quote — look around. You want GOOD insurance, so dont shop too shortly….