Macster

Anyone that would let his 20 year old son drive a Carrera GT doesn't deserve a Carrera GT or a son.

Thankfully all the owner is looking at is a big car repair bill.

And the son's grounded until he's 100.

Sincerely,

Macster.

Bassen

To make it even better, he lets his son also drive the Bugatti Veyron (he has two) and that car was impounded after he drove 160km/h in a 80km/h zone

privatepang

What idiots. father and son

Macster

You can insure almost anything if you can afford the premium.

And some owners of these cars are well off, very well off, and probably can to afford to self insure. Depends upon what the insurance premium is and what restrictions there are to the number of miles, etc, the insurance policy would impose.

Sincerely,

Macster.

Plyman438

It's wild how some people can have so much money, but so little common sense. Maybe they inherited it and never had to have common sense in order to survive long term like so many others without extreme weatlth have to do.

-------------------------------------
2001 Orient Red Boxster

wisky

When insuring my C4S, my insurance company asked if it was the "Carerra GT", as they do not insure those. This must be why.

Macster

Probably. Those of us that drive more expensive cars face the risk that the other driver at fault in an accident will have insufficient coverage.

Case in point: My 08 Cayman S was hit and declared a total loss. The car listed new at $62.6K. The other driver only had $50K coverage. Through some good negotiations (helped with some very good counsel from an insurance expert I know) I managed to get a settlement from the other driver's insurance company that made me whole.

Anyhow, given the low liabilty limits most drivers carry one's insurance company is looking at having to shell out the difference to make you whole and most will want to avoid this risk.

Sincerely,

Macster.

Damien Lewis

An example of what Macster just described above is why I carry very high "Uninsured/Underinsured" limits on my policies. Most people (especially in California) only carry the minimums (which I believe is still something link 15K property and 30K medical damage). So, if some kid in a beat up old car runs a red light and slams into your car - his insurance company will only pay the policy maximums and it's up to you to get restitution above and beyond what the insurance co pays directly from the person who hit you.

Always carry heavy Uninsured/Underinsured insurance as it's cheap (especially if you find yourself in this unfortunate situation) and can be a lifesaver.

Global Auto Sports

This is a pretty sad post...hate to see these beauties in those conditions..

GuyR

Wow - thats crazy!

Here in England all motor insurance policies have unlimited coverage to the victim by law.

reubenk

I just bought an 05 CGT. Insurance is only $131/month. cheaper than my murcielago was!

zed996tt

Wow! Which insurance company? I was recently quoted $6,600/year!

Carrera GT

I'm interested to know more about that policy. Sounds like a third party liability only coverage, maybe with fire and theft or other caveats such as extremely low annual verified mileage. I'm looking for an insurer that understands the idea of very low mileage and the situation of one driver and multiple (say 5 or 10 cars) so the insurance risk assessment and premium should reflect the actual risk.

reubenk

it's with state farm. full coverage. I do have a bunch of discounts including the "bunch of cars", safe driver (chuckle), other home/umbrella policies, 5000 miles/year limit. they called me back today after it completed underwriting and told me it was going to be $139/month.

reubenk

...and to a previous poster's point - I made damn sure I had the underinsured coverage!