What is the Difference Between Exotic Car Insurance and Ordinary Car Insurance?

Exotic car insurance, which may sometimes be known as performance car insurance, may be available for cars that might be considered exotic, luxury, muscle, or race cars. These types of cars may be more expensive than other cars, depreciate differently than other cars, cost more than other cars, and cost more to repair or replace than other cars. Another possible difference between these areas and other cars could be the availability of parts and repairs. Replacement parts may need to be special ordered, and not all garages are capable of working on these types of cars.

While ordinary car insurance may help cover items such as liability, collision, and comprehensive, exotic car insurance may also help cover things like specialty parts and replacement value. Some exotic car insurance providers might dictate what garages the car may be worked on if it could need to be repaired, while other exotic car insurance providers may leave that decision up to the policyholder.

Performance car insurance may be designed to protect the investment the owner made when purchasing the car. Such companies also typically might not advertise because they may not need to. Performance car owners may be more likely to seek out these types of insurance companies, which may save the need for advertising. For more information on performance car insurance, read performance car insurance.

While there may not be as many discounts available for exotic car insurance as there could be for ordinary car insurance, you may be able to save money on exotic car insurance by maintaining good credit, limiting the miles you put on the car, and customizing the policy to match your usage and needs.

If you are in the market for car insurance, or if you simply want to see if you may be able to find a cheaper rate, fill out the simple form provided. You could be given a free no-obligation quote on car insurance.