Luxury Vehicle Insurance: What Makes It Different
With luxury car insurance, of course, things are a lot farther than basic auto insurance. Luxury vehicle insurance focuses uniquely on the specific needs and risks that come along with luxurious cars, offering substantially more comprehensive coverage compared to standard policies. Here's a closer look at what separates luxury vehicle insurance from the rest.
1. Higher Coverage Limits
Spending on a luxury car can easily go above six figures, sometimes even reaching higher heights. Standard auto insurance is likely not sufficient for such a vehicle. Luxury vehicle insurance usually comes with more coverage limits so the owner is fully compensated if a claim needs to be made, by repairing or even replacing a part of a vehicle.