Necessary to have exotic car insurance?
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Necessary to have exotic car insurance?
Hi,
I have heard somewhere that in certain states it is not required by law to insure exotic cars. I wanted to know from exotic car owners if this is true?
Thanks
I have heard somewhere that in certain states it is not required by law to insure exotic cars. I wanted to know from exotic car owners if this is true?
Thanks
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Joined: Aug 2006
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From: California
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a car is a car. If your state requires you to ensure a vehicle for road use, then an "exotic" car would not be exempt.
A law like you suggests would be problematic in and of itself. What defines an exotic car? Is a Lotus exotic? Some definately are. But what about an elise that can be had for the price of an M3? Or a Ferrari 328 that can be bought for $30k? Is a Viper exotic? If it is, then surely the new Z06 is too then?
See what I mean?
A law like you suggests would be problematic in and of itself. What defines an exotic car? Is a Lotus exotic? Some definately are. But what about an elise that can be had for the price of an M3? Or a Ferrari 328 that can be bought for $30k? Is a Viper exotic? If it is, then surely the new Z06 is too then?
See what I mean?
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From: Encinitas Sandiego C.A.
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Originally Posted by turbomx5
a car is a car. If your state requires you to ensure a vehicle for road use, then an "exotic" car would not be exempt.
A law like you suggests would be problematic in and of itself. What defines an exotic car? Is a Lotus exotic? Some definately are. But what about an elise that can be had for the price of an M3? Or a Ferrari 328 that can be bought for $30k? Is a Viper exotic? If it is, then surely the new Z06 is too then?
See what I mean?
A law like you suggests would be problematic in and of itself. What defines an exotic car? Is a Lotus exotic? Some definately are. But what about an elise that can be had for the price of an M3? Or a Ferrari 328 that can be bought for $30k? Is a Viper exotic? If it is, then surely the new Z06 is too then?
See what I mean?
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This begs the inquiry... why would you own such a car and NOT insure it? 
Yeah cause I want to risk some ******bag with $120/yr geico insurance on his CRX to be playing ricer and slam into a $300k car... and trust it's going to be payed for. riiiiiight
btw I would consider a viper GTS an exotic... an srt no, and neither is the new vette. And only because it will cost you near $15grr for a new GTS hood from the dealer. That and they are just that sexy.
Yeah cause I want to risk some ******bag with $120/yr geico insurance on his CRX to be playing ricer and slam into a $300k car... and trust it's going to be payed for. riiiiiight
btw I would consider a viper GTS an exotic... an srt no, and neither is the new vette. And only because it will cost you near $15grr for a new GTS hood from the dealer. That and they are just that sexy.
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