How Celebrities Choose Luxury Car Insurance

How Celebrities Choose Luxury Car Insurance

If you're looking for a unique auto insurance policy for your luxury car, you'll be happy to know that you're not alone. Many celebrities opt for cheaper, less-expensive vehicles as well their luxury cars. However, ticket prices and insurance premiums are often higher for these individuals, and you don't want to run into the same problems.

Luxury?

You can’t really save on insurance for your luxury car. Depending on the model you may be better off getting a Toyota Prius or a Dodge Challenger if you are not rich. The insurance difference is between $245 and $24,600 per month, depending on the make and model.

The Secret Cost

Hollywood stars such as Tyga and Jennifer Lopez opt for luxury-car insurance. Jennifer Lopez $250,000 Bentley Continental Convertible is protected by her personal driver. Janet Jackson owns several luxury vehicles including an expensive $1.65 million Lamborghini Aventador, Mercedes SLS McLaren, and Lexus LS460 Sedan.

Discounts

Most auto insurers give discounts for safety features on their cars. Anti-lock brakes, daytime running lights, airbags, and traction control systems are common safety features on luxury cars. Make sure you take advantage of every available discount on your policy regardless of the status of the vehicle. When shopping for luxury-car insurance, you'll notice that premiums are higher than average, but they don't correlate with the cost of the car.

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