Ferrari 488 Insurance.
Specialist Ferrari 488 Insurance.
Ferrari 488s can be difficult to insure because of their aggressive, high performance combined with the high value of models such as the Pista. At Elevate we arrange tailored insurance for Ferraris not available online. Ferrari insurance is based on several factors such as your driving experience in performance cars, how you intend to use your car, the car’s value, storage and security.
We are a small, boutique brokerage who spend time with our clients to understand their situation and present their details to our panel of insurers who specialise in supercars. At every renewal we review the market again to ensure you get the right coverage and the best price, we do not simply send out renewals from the existing insurer.
We are an independent specialist insurance brokerage with a highly skilled team that has been providing Ferrari Insurance for over 20 years. We offer an extensive range of supercar insurance policies, including Agreed Value or Extended New Car Replacement and Ferrari-approved repairs.
About the Ferrari 488.
The Ferrari 488 combines race car performance with the balance and agility of a Ferrari coupe.
Models;
- GTB
- Spider
- Pista
The 488 owes its ancestry to the 360 Challenge Stradale, 430 Scuderia and 458 Speciale. The 488’s 3.9-litre twin-turbo V8 generates 661bhp for the GTB. The 711bhp for the Pista makes it very fast, 0-62mph in 2.85sec, 0-124mph in 7.6sec. F1 driver Charles Leclerc has been seen driving a custom Pista.
Specialist Ferrari insurance generally includes;
- Fully comprehensive covers 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.
- Our Ferrari insurance policies include theft/damage to the vehicle’s audio/visual equipment
- An unlimited number of foreign trips with some insurers offering no time limits.
- 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
- Premium discounts when you insure more than one vehicle
- Unlimited Glass replacement cover
- Annual or monthly payment
- 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 value has appreciated.
If you prefer please give us an outline of the cover required in the contact form here and we will call you back.
Insuring a Ferrari FAQs.
How much does it cost to insure a Ferrari?
Insurance premiums will depend on multiple factors such as the exact make/model of the car, age & driving experience, parking, security and estimated mileage. The value of Ferraris the technical expertise required to repair them, and the scarcity of replacement vehicles all combine to make insurance more expensive than standard vehicles. Elevate can advise on what cover is suitable and ensure you get the best cover at the best price.
Can Modified Ferraris be insured?
Many Ferraris have aftermarket modifications which makes online insurance very difficult to arrange. Specialist insurers accessed via brokers like Elevate will usually cover these cars.
Can young drivers insure a Ferrari?
Younger drivers would have to illustrate a strong driving record in performance cars and supercars. They would also need a clean license, no history of claims and be able to keep the car securely off the road.
How do I insure a Classic or Rare Ferrari?
Elevate regularly arranges insurance for these cars including £ multi-million vehicles such as the F40, F50, Enzo and Laferrari.
How much does a Ferrari 488 cost?
After 2019, Ferrari stopped production of the 488 but the used car market remains strong. A GTB can be purchased from £125,000 but a Pista is likely to be £250,000-£300,000.
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 Wong2022-06-13Best 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 Chawda2021-04-16I 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 Casswell2021-04-09very helpful. thank you
James Rainbow2021-04-09I 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 gibbs2021-03-21Great personal service! Working with Elevate ensured I recieved efficient and stress free landlord insurance keeping me covered across various properties.
Sean M2021-03-10Just 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 S2020-06-15Great 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 Yates2020-06-10Contacted 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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Some of the latest reviews from our great clients! In an ever changing market is your current broker offering the best service and advice? Give us a call 01933 830400
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A Snapshot of Our 2023🤩 Thanks to Everyone who has Supported Us This Year! - Here’s to 2024🥳🚀 #elevateinsure #merrychristmas #happynewyear
Some of the latest reviews from our great clients! In an ever changing market is your current broker offering the best service? Give us a call 01933 830400
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