Ferrari Insurance

We provide advice on how to protect your Ferrari.

Scuderia Ferrari S.p.A “The Prancing Horse”,  an Italian supercar brand based in Maranello, Italy. Founded by Enzo Ferrari in 1939 from Alfa Romeo’s racing division as Auto Avio Costruzioni, Ferrari built its first car in 1940 but it was 1947 when the first Ferrari-badged car came off the production line.  

Enzo Ferrari was a passionate fan of racing and he was convinced that racing encouraged technical innovation which could be used in road cars. Scuderia Ferrari entered the Formula 1 World Championship in 1950, the first year the championship took place. The first drivers title came in 1952 with Alberto Ascari,  along with the successes at the Le Mans 24 Hours and at the Mille Miglia, Ferrari became the most successful racing team in the world.  

The brand also became iconic with the black prancing horse and classic red colour. In 2014, Ferrari was rated the world’s most powerful brand by Brand Finance. 

In June 2018, the 1964 250 GTO sold for $70 million at auction.  

Whether it’s a F8, Roma, Portofino, 812, Monza, SF90. F12, 812GTS, 458, 458 Speciale or 488, these are all supercars and we insure Ferraris with bespoke cover, quickly and efficiently. 

ferrari insurance

We are an independent specialist insurance brokerage with a highly skilled team who have been insuring Ferraris for over 20 years. We offer a range of policies that include Agreed Value or Extended New Car Replacement and of course Ferrari approved repairs.

The benefits of specialist Ferrari insurance generally include;

  • A guaranteed value in the event your car is written off or stolen and not recovered. This will pay you a minimum of the agreed value with some insurers offering extended agreed value to cover you if the vehicle has value has appreciated.
  • Fully comprehensive cover whatever car you are driving, even those not owned by you.
  • Any driver cover is available, so anyone can drive your cars comprehensively with your permission.
  • A dedicated 24/7 client manager
  • Immediate cover
  • Discounts for limited mileage
  • Use of Original Equipment Manufacturer (OEM) parts only
  • Full UK & EU breakdown cover – including Home Start
  • An unlimited number of foreign trips with some insurers offering no time limits.
  • Premium discounts when you insure more than one vehicle
  • Unlimited Glass replacement cover
  • Theft/damage to a vehicle’s audio/visual equipment
  • Annual or monthly payment
If you prefer please give us an outline of the cover required in the contact form here and we will call you back.

Ferrari Models we have covered

F8, Roma, Portofino, Monza SP1, Monza SP2, SF90, F12, 812GTS, 458, 458 Speciale, 488 Pista, California.

We’ve also covered these lovely classic models; 208 GTB, Testarossa, F40, F355, F50, 550, 360, 575M, Enzo, F430.

 

We work with a number of Ferrari dealerships and provide insurance for their clients

Insuring a Ferrari FAQs.

How much does it cost to insure a Ferrari?

There is no set amount, premiums will vary depending on factors such as the driver, the location where the vehicle is kept, security measures, usage and value.  

How do I reduce the cost of Ferrari insurance?

Drivers who are older, drive less miles per year and have more experience of driving supercars generally attract lower premiums. Enhanced security measures such as approved trackers and immobilisers along with secure parking also reduce premiums. These measures may also be mandatory to arrange insurance.  

Do I need a full No Claims Discount (NCD) to insure a supercar?

No, you can get discounts based on your driving experience, what cars you have driven and for how long.

Can I take my Ferrari overseas to drive?

In most cases the cover we arrange for supercars allows for vehicles to be driven in Europe on a temporary basis such as holidays. This is know as “Green Card” Cover. 

Which famous people have owned a Ferrari?

David Beckham, Arnold Schwarzenegger, Katy Perry, MS Dhoni, Eric Clapton, Ratan Tata, Gordon Ramsay, Kylie Jenner, Aaron Kwok, TK Mak and many others.

How old do I need to be to insure a Ferrari?

There is no set age, driving experience and claims history are also very important factors. It is however more difficult to insure a super car if you are younger than 25 years old. 

Can I insure a supercar temporarily?

If the car is being imported to the UK for a fixed period (usually months) then yes. If it’s being imported permanently you need a VIN number (UK registration) from the DVLA before you can insure the car.

Our Commitment.

We treat all of our clients as individuals. We have time to talk, we listen and understand what you need. We are here for clients throughout the insurance process, arranging customised cover, adapting policies as things change, reviewing the market every year and supporting them with any claims. Your personal advisor is available on a direct dial.

Jowyn Wong
Jowyn Wong
2022-06-13
Best company I’ve ever had the pleasure to arrange insurance with. Richard is so informative and knowledgeable, kept me informed every step of the way to insuring my pride and joy. Professional, personal and utterly perfect. Thank you!
Simone Chawda
Simone Chawda
2021-04-16
I could not recommend Elevate enough, they were super helpful in explaining policy cover / options & made the process very easy for me to choose. It was great to have a trustworthy & reliable company finding the best cover for me personally & not in the best interests of commission etc Thank you Elevate!
Will Casswell
Will Casswell
2021-04-09
very helpful. thank you
James Rainbow
James Rainbow
2021-04-09
I had never used an insurance broker before but getting car renewals was getting more and more time consuming. I was referred to Blain at Elevate by a friend and now wonder why I didn't do this before. Elevate are great to deal with and I now have a better level of cover than before at a lower cost with 95% of the hassle removed.
jack gibbs
jack gibbs
2021-03-21
Great personal service! Working with Elevate ensured I recieved efficient and stress free landlord insurance keeping me covered across various properties.
Sean M
Sean M
2021-03-10
Just wanted to give a big shout out to Dan White and his team at Elevate Insurance Brokers. Having just moved house and tired of the continual high rises in insurance premiums, I chose to stay local and support local. Dan made sure we had the right cover in place and didn’t leave any stone un-turned. His attention to detail in making sure the cover we needed was second to none. All in, he managed to beat my renewal cost and the top three providers, increased my cover and provided me with the peace of mind that my house and personal belongings were covered. #staylocal #investinlocal #localisbest #homeinsurance #insurance #elevate #trust #confidence #happycustomer
Tom S
Tom S
2020-06-15
Great service as ever from Elevate! I already insure my main car with them and had to add another in rather a hurry and I didn't have the time to spend ages on the phone organising, Elevate handled it all seemlessly and had my cover updated perfectly at a reasonable price. Can't recommend them highly enough!
John Yates
John Yates
2020-06-10
Contacted Dan and his team to discuss my business insurance requirements. Excellent advice and very thorough explanations on various aspects of the policy ensured we now have the appropriate insurance in place. Thanks Dan.

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