I'm 20 years old with 2 years driving experience.?

Question

How much can I expect to pay for insurance on a Lamborghini Gallardo LP 560-4? Thanks. Just curious. If its not possible to do this, how do these bow wows and chris browns pull it off????

Merci Beacoup.

Answer 1

at 20, you are still considered an inexperienced driver (insurance rates dont really start going down until you are about 25), so it will be high for that reason. your rates will also be based on your zip code- more urban areas have a higher amount of insurance claims, so it boosts how much you pay a month. also, the type of vehicle will determine what you pay. a sports car, DEFINITELY much more. and, your driving record (if it is clean it wont have an effect though).you can look forward to paying a lot.

Answer 2

Most of the time insurance companies do not want to insure young drivers with sports cars.  So they go into assigned pool (meaning every insurance company take turns pulling "bad" risk drivers out of a hat - assigned risk).

So no matter what you can get insurance.  But that does NOT mean that they have to make it affordable.  It is not at all impossible for the insurance cost to be above the car payments.

Good Luck...

Answer 3

holy s**+* a lambo .... niceee!

Answer 4

Check price comparison sites such as the ones below.

I'm presuming it'll be a h**l of a lot. It'll be a lot more if you're a bloke as well.

Good luck!

Answer 5

If you can afford the Lambo but have to ask about insurance, you can't really afford it. It will be DEAR.

Answer 6

you will have to go to Lloyds of london to under right that one, they deal directly with the customers, specialising in policies that normal insurance companies won't touch !

but it would definatly be 5K plus

Answer 7

You can expect to pay about five hundred a month. You are a young single male with practically no driving experience. You are bound to wreck a car that has that much power, sorry, that's just the facts. Try something like a honda civic.

Answer 8

Lamborghini

The insurance cover would be fairly expensive dependant on the current value of the vehicle that you wish to insure.

Answer 9

If you really could aford one, you would know all about split insurance plans ( sometimes called 50/50's or 25/75s etc)

thats how many insure thier expensive cars. You insure part of the car value for 3rd party liability only, and part "fully comp"

So, if you have a 25/75 policy and you total the car, you'd get 25% of it back.

Alternatively, you can self insure by putting money in a bonded account - , used to be £1m, now they normally want £5million. This will cover you for 3rd party - you'd be up for the car damage and any other claims out of your back pocket but if you don't crash you get the money back when you close the policy ( - handling fee )

You can reduce premiums by going with a limited milage on the policy.

Your car dealer can walk you through this if you are genuine

Answer 10

it would be too much! they can pull it of because of the amount of money they earn! they earn mega bucks!!