Stuff happens, ...

[RichPA]

including stuff like this: http://www.cnn.com/2017/07/28/europe/driver-crashes-ferrari-in-hour/index.html

 

[usedto]

Wonder if he had Geico.....or Progressive!

 

[mars_volta]

noob

 

[toxcrusadr]

Yikes.

 

[savatage1973]

Not that uncommon--there are postings all the time of inexperienced, but wealthy drivers totalling high end supercars all the time.

 

[RichPA]

Yeah, we had a rich college kid wrap a Maserati around a power pole a few months back - I saw the car, amazing he walked away.

 

[Bob Price]

including stuff like this: http://www.cnn.com/2017/07/28/europe/driver-crashes-ferrari-in-hour/index.html

It makes me wonder what his insurance deductible on that car was? I know....if I have to ask....I can't afford it!

 

[KR7600]

I have a regular F430. It is insured by Geico. It cost about $1400 a year and I have a $1000 deductible.

 

[Bob Price]

That is more reasonable than I thought! And close to what I pay for my car.

 

[onepixel]

Back in college a good friend bought a Mustang Boss Fastback. Couple hours later it was totaled. He walked away unscratched.

 

[savatage1973]

I have a regular F430. It is insured by Geico. It cost about $1400 a year and I have a $1000 deductible.

That is more reasonable than I thought! And close to what I pay for my car.

.

This again is not uncommon. Unless you have a horrendous driving history, it is frequently cheaper to insure a high end luxury or performance car than it is a minivan or compact car. High end cars are not typically "daily drivers" and are usually part of a "stable" of cars that see more frequent use. They are also typically secured in a garage or storage facility, so less prone to theft--and it's a hell of a lot easier to steal and part out a Honda Civic than a Ferrari, and how often do you see a Ferrari with 200K miles on it vs a Honda Civic? Insurance companies are number crunchers and they know that they will repair/replace 1000 minivans before they will ever get a claim for damage/theft on a high end luxury/performance car.

 

[7.62]

I'll take the salvage rights......LOL. Yeah I got a one those.

 

[wajobu]

A guy did this on our street a few years ago. Left the Porsche dealership, picked up a friend, came to my neighborhood, which has two short straight streets and one sharp corner (and is often filled with small children who play on the street). I heard this guy winding up his engine down the end of our street and another neighbor was backing out into the street in her SUV (with her daughter in a child seat). By the time the guy in the Porsche was at my neighbor's house, he had to be doing about 65 to 70 and still accelerating. SPLAT...hits the SUV (I watched it spin around over 360 degrees), the Porsche disintegrates into a steaming pile, both driver and passenger get out, and ALL nearby neighbors go rip-**** on the driver as the parents of the SUV driver are checking on their family members.

The Porsche driver yells: "I just got this from the dealer..."