Owners of High-Value Cars Have Unique Insurance Needs

Owners of High-Value Cars Have Unique Insurance Needs

What Are High-Value Cars?

High-value cars are those produced by luxury brands and may include supercars, megacars, and hypercars. Examples of luxury brands are Rolls-Royce,  Lexus, Lamborghini, and Mercedes. Generally, supercars are defined as those that have between 550 and 750 horsepower, weigh between 1000 and 1700kg, and handle well. Examples include the Porsche 911 Turbo, Aston Martin Vantage, and the Mercedes AMG GT. Megacars are those with more than 1340 hp.  Some examples are the Bugatti Chiron and Nio EP9. Hypercars are generally produced as limited edition vehicles, with more than 800 hp, a 0 to 60 time of fewer than 3 seconds, and a top speed of more than 215 mph.  Examples are the Ferrari LaFerrari and the Porsche 918 Spyder.

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