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£100K To Insure a F430

Posted by admin on Dec 22nd, 2009 and filed under Motors. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

Andy Murray might have thought he was getting a bargain by buying a used Ferrari F430 at almost £50K less than the price of a new one.
But the £100,000 he paid for the 196mph Italian supercar comes with a catch the insurance costs the same again, although being a multi millionaire I’m sure that’s not going to break the bank!!.
ferrari f430
The 22-year-old tennis star’s pride and joy is uninsurable by all but the most expensive specialist brokers, as Murray who passed his driving test only five months ago ticks every box for high risk drivers.


As well as being under 25, a male and a newly qualified driver in a high-performance car, Murray’s celebrity counts against him as compensation costs after an accident could be huge.

AA Insurance, which asked its panel of more than 20 insurers to estimate a quote, said: ‘Most wouldn’t touch it. And those who would are likely to charge £100,000 a year.’
World No4 Murray bought his Ferrari to cheer himself up after splitting from his girlfriend of four years, Kim Sears, last month.

And he didn’t seem to be letting the huge insurance premium bother him too much as he showed off the car which has a 4.3litre engine and goes from rest to 62mph in four seconds to a friend after a shopping trip near his Surrey home.

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