Ferrari 360 Insurance and Maitenance Costs

ferrari360dream · 06-01-2011, 02:47 PM

I am interested in getting a ferrari 360 but am unsure because of insurance costs. Could any owners tell me how much they pay for insurance and if it is worth it.
Thanks,
Mike

HoustonCarNut · 06-01-2011, 07:04 PM

I pay same as Maserati Spyder. About $485 every 6 months in Texas......

roadking2000 · 11-07-2011, 02:22 AM

I pay less for a 360 spider than I do for my Harley Davidson-around $350 every 6 months for insurance (however, the car is "lightly driven")

anxpert · 11-07-2011, 06:03 AM

Farmer's / Southern California $1,100.00 Year on a business policy

Maintenance:

On a well sorted serviced car as a baseline, your cost equates to approximately .25 per mile driven, including a 3 year / 15K belt change.

YES ....worth every cent / dollar !

bryant04 · 11-07-2011, 09:14 AM

I actually had to pay $6k on my F430. Depends on how old you are, driving experience and any speeding tickets.

Arnie · 11-10-2011, 05:39 PM

I am in NJ which is not cheap I pay 2500 for my 1989 Porsche 930 cab and my 2008 F430 Spyder. 3000 miles a year each from Leyland West

Boxer · 11-10-2011, 10:49 PM

Quote:

Originally Posted by ferrari360dream

I am interested in getting a ferrari 360 but am unsure because of insurance costs. Could any owners tell me how much they pay for insurance and if it is worth it.
Thanks,
Mike

Are you US or UK based?

Sckoms · 11-11-2011, 02:56 PM

North Suburbs of Chicago. 2003 360 Spider, insured as a low mileage pleasure vehicle. Just under $700 per year from State Farm.

Boxer · 11-12-2011, 12:53 AM

Quote:

Originally Posted by Sckoms

North Suburbs of Chicago. 2003 360 Spider, insured as a low mileage pleasure vehicle. Just under $700 per year from State Farm.

Sounds very reasonable. Rates in the UK would be at least 2X that.

Boxer · 11-12-2011, 12:54 AM

Quote:

Originally Posted by Sckoms

North Suburbs of Chicago. 2003 360 Spider, insured as a low mileage pleasure vehicle. Just under $700 per year from State Farm.

Welcome to FLife. Please introduce yourself:

Member Introductions - Ferrari Life

bryant04 · 11-12-2011, 06:52 AM

i read in an article one of the tennis player (Andy Murray if not mistaken) had to pay 100k for his INSURANCE!? Is that a misspell or what? Even when i thought paying 6k for mine is expensive, his is unbelievable. I'm 20 years old which is why it's pretty expensive compared to others (and drive in Boston), and they just jack up the price for young people.

Boxer · 11-12-2011, 10:08 AM

If you are under 30, premiums are very high.

There are a few Footballers (Soccer) players in the UK who pay near the value of the car (probably fair given that many of them have a habit of writing off Ferraris. Astons, Bentleys, etc).

rmani · 11-13-2011, 07:56 PM

$1000/yr to insure through liberty mutual. I'm exactly 30 years old. Got my car when I was still 29.

Maintenance I'd budget $3000/year to be safe.

Sckoms · 11-14-2011, 07:24 AM

Quote:

Originally Posted by Boxer

Welcome to FLife. Please introduce yourself:

Member Introductions - Ferrari Life

Thank you and will do. Need to get some photos to post though.

Arnie · 11-21-2011, 04:03 AM

Just be sure the prices quoted include both collision and liability. I was quoted a very low price and was ready to sign up till I found out that it was just for liability. High Point Insurance (Prudential) does not insure vehicles for collision if over $100,000.

06-01-2011, 02:47 PM	#1
ferrari360dream Join Date: Jun 2011 Ferrari Life Posts: 5	Ferrari 360 Insurance and Maitenance Costs I am interested in getting a ferrari 360 but am unsure because of insurance costs. Could any owners tell me how much they pay for insurance and if it is worth it. Thanks, Mike

11-12-2011, 10:08 AM	#12
Boxer Owner Elite Member Join Date: Apr 2004 Location: UK Ferrari Life Posts: 12,792	If you are under 30, premiums are very high. There are a few Footballers (Soccer) players in the UK who pay near the value of the car (probably fair given that many of them have a habit of writing off Ferraris. Astons, Bentleys, etc). Boxer Current: F40, F50, 612, 430 Scuderia Past: 360 Modena, 360 Challenge, 550, 575, 365BB, 512BB, 456 GT, F355 GTS, 365 GTB/4 Daytona, 308 GTB

11-13-2011, 07:56 PM	#13
rmani Owner Join Date: Mar 2011 Location: NJ Ferrari Life Posts: 24	$1000/yr to insure through liberty mutual. I'm exactly 30 years old. Got my car when I was still 29. Maintenance I'd budget $3000/year to be safe. 2000 Ferrari 360

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06-01-2011, 07:04 PM	#2
HoustonCarNut Owner Elite Member Join Date: Sep 2009 Location: Houston, Texas Ferrari Life Posts: 73 Name: Jim Webster	I pay same as Maserati Spyder. About $485 every 6 months in Texas......

11-07-2011, 02:22 AM	#3
roadking2000 Owner Join Date: Aug 2011 Ferrari Life Posts: 1	I pay less for a 360 spider than I do for my Harley Davidson-around $350 every 6 months for insurance (however, the car is "lightly driven")

11-07-2011, 06:03 AM	#4
anxpert Owner Elite Member Join Date: Jul 2010 Location: Oceanside, CA Ferrari Life Posts: 50 Name: Enrique Mar	Farmer's / Southern California $1,100.00 Year on a business policy Maintenance: On a well sorted serviced car as a baseline, your cost equates to approximately .25 per mile driven, including a 3 year / 15K belt change. YES ....worth every cent / dollar !

11-07-2011, 09:14 AM	#5
bryant04 Owner Join Date: Nov 2011 Ferrari Life Posts: 13	I actually had to pay $6k on my F430. Depends on how old you are, driving experience and any speeding tickets.

11-10-2011, 05:39 PM	#6
Arnie Owner Join Date: Oct 2011 Ferrari Life Posts: 2	I am in NJ which is not cheap I pay 2500 for my 1989 Porsche 930 cab and my 2008 F430 Spyder. 3000 miles a year each from Leyland West

11-11-2011, 02:56 PM	#8
Sckoms Owner Join Date: Nov 2011 Ferrari Life Posts: 6	North Suburbs of Chicago. 2003 360 Spider, insured as a low mileage pleasure vehicle. Just under $700 per year from State Farm.

11-12-2011, 06:52 AM	#11
bryant04 Owner Join Date: Nov 2011 Ferrari Life Posts: 13	i read in an article one of the tennis player (Andy Murray if not mistaken) had to pay 100k for his INSURANCE!? Is that a misspell or what? Even when i thought paying 6k for mine is expensive, his is unbelievable. I'm 20 years old which is why it's pretty expensive compared to others (and drive in Boston), and they just jack up the price for young people.

11-21-2011, 04:03 AM	#15
Arnie Owner Join Date: Oct 2011 Ferrari Life Posts: 2	Just be sure the prices quoted include both collision and liability. I was quoted a very low price and was ready to sign up till I found out that it was just for liability. High Point Insurance (Prudential) does not insure vehicles for collision if over $100,000.