Cheap Performance Car Insurance

Performance cars (or sports cars), are typically defined by insurers as high-performance vehicles straight from the factory, even before any modifications.

These cars have larger, more powerful engines, reach higher speeds, and accelerate faster than standard cars. Typically two-seater vehicles, they’re usually lighter and closer to the ground as well. Because of these characteristics, you’re more likely to find your performance car in a higher insurance group. Due to their power and speed, specialist insurance is essential to provide the appropriate level of cover.

Sports car insurance caters to the unique needs of high-value and high-performance vehicles. Policies vary, so it's important to compare options. Some policies might include additional cover as standard, while others may charge extra. For example:

• Soft-roof damage - protection for convertible tops against vandalism
• Malicious damage and vandalism - repair coverage for damages caused by vandals
• Modifications - insurance for certain modifications made to your car
• Driving abroad - cover for European, or even international, travel
• Track days - specialist cover for racing on tracks, sometimes included as standard.

Choosing the right performance car insurance ensures that you and your vehicle are protected, allowing you to enjoy the thrill of driving a high-performance car without worry.

Why does the insurance group matter?
Car insurance groups range from 1 to 50, and are a crucial part of how insurers determine the cost of your insurance. Smaller, slower cars will be in lower insurance groups, whereas more powerful cars will be in higher groups. The lower the group, the lower the risk, and the lower the cost of insurance.

Performance cars fall into higher insurance groups due to their powerful engines and the increased risk they present. For example, the Mazda MX-5 typically falls into insurance groups 25-34, depending on its specifications.

The following factors will have an impact on the insurance group your vehicle falls into:

• The cost - higher-priced cars cost more to replace.
• The speed - speedier cars are more prone to accidents, and more likely to need repairs.
• The parts - performance cars might require specialist parts, which are more expensive to source and fit.
• The risk of theft - performance cars are generally more attractive to thieves, increasing the likelihood of replacement.

Understanding your car's insurance group can help you anticipate the cost of your insurance, and choose the right cover. It’s important to shop around and compare policies so that you can get the best protection for your performance car at a competitive price.

Our comparison service saves you money and time by providing quotes from top insurers, letting you choose the best cover for your needs. Click here to start comparing prices now and get insured today!