High Performance Car Insurance
High-performance car insurance in Singapore may cost several times higher than a normal traditional vehicle; the price tag of the high-performance car insurance is simply extravagant. It is no secret that the premiums for the high-performance car will be expensive as a high-performance car itself can cost 50% to 100% more than a traditional car. Thus, knowing how much it costs before purchasing a high-performance vehicle in Singapore can save you the shock when it comes to maintaining the vehicle. Make your car insurance quotes online request today.
High-Performance Car Insurance Premiums
A high-performance car insurance can easily cost 50% to 100% more than a conventional car insurance. The premium further increases if the car insurance company classified the driver as a young driver or elderly driver. We recommend checking with the manufacturer if they performed any modifications on the high-performance vehicle as modifications add on to the overall high-performance car insurance cost.
High-Performance Car Insurance Premium Reduction
We suggest the following if you are seeking to reduce the premiums of your high-performance car insurance.
- Drive Lesser – If you can resist the urge of driving your high-performance vehicle, you can choose a low mileage car insurance. This decreases your overall premium cost.
- Install Safety Features – You kill two bird with one stone when you install safety features to your high-performance vehicle; you keep yourself safe and the car insurances companies may offer a slight cut in premiums.
- Add An Experience Driver – If you don’t mind sharing the vehicle, you can add another experienced driver into the policy as a named driver. This may reduce the car insurance premium.