California 30 Insurance recommendations

[W12GT]

I’ve put a deposit on a stunning California 30 but the insurance quotes I’m getting are ridiculous.

I’m mid 40’s, clean licence held for nearly 30years, no accidents or claims, 9+yrs no claims. Garaged. Cheapest quote of £1200 but well over £1600 for any companies I recognise. We’ve got 4cars in the stable so to speak.

Given I’ll probably only do 1-2k a year in her I’m struggling to do the man maths on this one given it’s also 630 on tax plus servicing.

Does this seem high to others or should I just accept that’s the right price point?

Thanks in advance.

[Tuscan Wil]

It depends on your post code too. You could try a multi-car policy and combine it with your daily work horse or with your other weekend car, if it is a classic car?

[oharedm]

Lockton's run the Ferrari Owners Club scheme.
AiB broker a range of high net worth policies and can offer fleet policies. I have ones with Zurich, Chubb over the years.

[jon66]

Well worth talking to Locktons...

I went with them a couple of years ago and put together a great policy package for 6 cars (including the 2 dailies) with agreed values on the California & Classics. Bonus is that I have unlimited mileage, fully comp on other vehicles, any driver over 35 comprehensive on my cars, class 1 business use and track day cover for FOC (and Ferrari North Europe) events in the California when I want it.

[W12GT]

Thanks for the help. I’ll give them a call tomorrow.

[Kyodo]

We use AIB for an early California and it's somewhere in the five hundreds. A little older than you but not massively so.

[alscar]

Comparing prices with others is pointless unless you both live in exactly the same postcode with exactly the same car and are the same age etc.
Locktons are worth a shout as is A Plan and with a fleet policy even more so.
I use Nowell and Richards as do quite a few on here but whoever they place the insurance with won’t necessarily be the cheapest.

[Fast Eddie]

The major thing to consider with insurance is how will they support you if you have to make a claim?
I speak from recent, and ongoing, pain.

Make sure you have an agreed value with anything expensive and open to interpretation.