Bugatti Car Insurance

Bugatti car insurance

Founded by Ettore Bugatti, the marque won the first ever Monaco Grand Prix in 1929 and has a reputation for peak performance. In 1998, Volkswagen Group bought the brand and oversaw the production of the Bugatti Veyron (2005–2015) and the current Bugatti Chiron models. Both models made history for being the fastest production cars in the world, the Veyron topping 250mph and the Chiron 300mph.

How much is the insurance for a Bugatti Veyron?

With a retail price of upwards of £1 million, the Bugatti Veyron is a considerable investment for any collector. This hypercar is situated in the highest insurance group, so you can expect to pay around 1% per annum of the vehicle value. For the Bugatti Veyron, that would work out at around £10,000 plus the policy excess in the case of a claim.

How much does it cost to insure a Bugatti Chiron?

The Bugatti Chiron launched into the market in 2016 and smashed the 300mph barrier in 2019. Like the Veyron, the Chiron is an investment for collectors of hypercars. You can expect to pay an insurance premium of around 1% per annum of the vehicle value, so this would be around £25,000 plus any excess for this £2.5 million car.

What insurance group is a Bugatti Veyron?

The Bugatti Veyron and Chiron are exclusive hypercars, so will fall into insurance group 50. The higher the insurance group, the higher the premium. Insurance groups are set by several factors, including parts availability and price, performance, repair costs, price when new and the security of the vehicle.

How do I find the best car insurance?

Many factors influence the price of car insurance. For starters, you should use a car insurance comparison website, such as Quotezone.co.uk. Consider paying annually, rather than monthly. Finally, don’t just auto-renew, make sure you shop around for the best price.

Will my occupation affect my car insurance quote?

Yes, your occupation will be a factor in your car insurance quote. If you belong to a profession that means you are regularly put in danger, insurers believe you are more prone to risk-taking. Whether you use your car for work is also a factor that will affect your quote.

Will I need a specialist insurer for my Bugatti?

A specialist insurer is worth considering for such a unique marque. With more than 110 different car insurance providers, we can find the right specialist for you.

Are there ways to reduce my car insurance quote?

Buying a Bugatti is an investment, so expect to pay a high premium for car insurance. That said, there are ways to keep costs down. You can’t reduce the insurance group of a Bugatti, but options that could affect the cost of car insurance quotes include:

• Securing your Bugatti effectively and to the satisfaction of the insurer
• Opting for a higher excess to weigh against a lower premium
• Installing an alarm, engine immobiliser or GPS tracker
• Making annual payments rather than monthly instalments