Things to Consider When Insuring a Luxury Car

Insuring a Luxury Car

There are certain brand names in the automobile business that are synonymous with luxury, including BMW, Mercedes-Benz, Jaguar and Porsche. It is a source of pride to own a luxury vehicle and a feeling of pleasure to be able to drive one. But it also represents a sizable financial responsibility because auto insurance for luxury cars tends to be one of the most expensive for any type of vehicle, often reaching $3,500 on an annual basis or more. … [Read more...]