Performance Car Insurance Young Drivers

Sports Car Insurance for young drivers, You could save up to £530 *

Don’t have your registration number? No problem, click here.

Policies and deals from industry leading UK insurance providers, including

Tailored quotes from a panel of car insurance specialists

Guide To Young Driver High Performance Car insurance

By Eamonn Turley
img
Eamonn Turley Insurance Expert

Eamonn Turley has a wealth of experience within different insurance sectors. Through hard work and over time, he has gained expertise in digital marketing and user interface design. Elements that are crucial to any successful online business. The key aim is to develop websites that are intuitive, fast to load and provide insurance quotes tailored to your needs.


Expertise: Digital Marketing, Insurance, Home Insurance, Vehicle Insurance, UI Design
from the MultiQuoteTime Editorial Team - Fact checked

The team at MultiQuoteTime will fact-check content to ensure accuracy at the time of writing. In addition, we also review and update content on an ongoing basis. We aim to keep the content fresh and useful. If you are considering applying for any of the products, please take note that it is important that you read the terms and conditions that are applicable.

July 2023

The performance car insurance policies are there for the car enthusiasts that love the feel of raw power at their fingertips. Each policy is tailored made to fit the needs of the driver and the vehicles they love to drive. These specialized vehicles are made with engines that produce horsepower and torque closer to what race cars generate, with a chassis that is low weight to maximize the vehicle's speed and agility.

performance car insurance for young drivers

To find providers of high performance car insurance check a range of providers that include Tesco bank car insurance, Haven car insurance, Hedgehog insurance, Debenhams, ASDA Car insurance plus others.

Who Needs Performance Car Insurance?

The performance car polices are tailored made to fit the needs of the vehicle owner who loves performance. The vehicles that can be covered include the old classic cars from years gone by, along with the newer supercars. This type of policy also accommodates the coverage needed for those that build their cars which are modified so that they can perform at a higher level than the average street car.

What Can Be Included In Performance Car Insurance For Younger Drivers?

Since the high performance cars are valuable, most owners choose to cover them with a comprehensive policy. It is possible to only have third party and third party fire and theft, but due to the high risk associated with these vehicles, the cost of these policies would be high and possibly higher than a comprehensive policy with nearly no benefits for the costs. A comprehensive policy can include the following;

  • Repairs to both your vehicle and the third party when there is an accident.
  • Medical bills are covered for both you and those in the third party vehicle.
  • Payment of the agreed to value of the vehicle when the policy is taken out if it is damaged by fire or is stolen.
  • Replacement of audio, navigational and video equipment if it is damaged or stolen.
  • Windscreen replacement.
  • Courtesy car provided while your vehicle is being repaired.
  • Third party cover if you are operating a car you do not own.
  • Coverage in the EU for up to 90 days annually and with some insurance companies, this can be up to 180 days.
  • Salvage retention if your vehicle is written off after an accident or is damaged by fire or malicious act.
  • Hire vehicle access for up to 14 days if your vehicle is stolen or written off.

What Are The Optional Areas That Can Also Be Covered?

Some extra covers can be added to the performance car policy to help bring peace of mind to the high-powered car owner.

Popular Performance Cars Include

  • Audi S1
  • Fiat Abarth 500
  • Ford Fiesta ST
  • Ford Focus RS
  • Ford Focus RS
  • Mercedes-Benz A45 AMG
  • Peugeot 208 GTI
  • VW Golf GTi / R
  • BMW M3 / M4
  • Vauxhall Corsa VXR
  • Subaru Impreza WRX STi
  • Ford Focus ST

Why Does Performance Car Insurance For Young Drivers Cost So Much?

The premiums of a performance car insurance policy are higher than a standard car policy because of the higher risk involved in protecting the vehicle. This risk is associated with the more powerful engine under the bonnet, the higher value of the car, the high cost of replacement parts and since most are unique they are targets by thieves. It is also a fact that if you are a young driver, particularly under 25 or even under 21 you will face a much higher monthly premium than older drivers that have built up a good no claims bonus.

In The UK, Who Provides Performance Car Insurance For Young Drivers?

Tips To Lower High Group Car Insurance 

Many things can be done to lower the risk of insuring your high performance vehicle. By lowering the risk, the cost of the insurance premiums will be reduced or discounted. By installing a theft deterrent system or alarm along with a GPS tracker, most insurance firms will discount the premium.

Limit The Number Of Miles Driven

Discounts are also given when the vehicle owner is a member of a car club and when the number of miles on the high performance car is limited on an annual basis. This mileage limit is provided to the insurance company when the policy is taken out, and a reduction in the premium is given due to the resulting lower risk level compared to high mileage or unlimited policy.

Pay Upfront

AVoid payment plans like pay monthly car insurance as these will in most cases cost moer than simply paying the premoium upfront when the insurance starts.

Agree To Pay A Higher Voluntary Excess

This in most case will help reduce the cost, but remember you have agreed to pay an additional voluntary excess on top of the compulsory, so take into account that you will be liable to pay this additional amount for any claim made

Store Vehicle In Secure Location

When the performance car is stored in a locked building or shed when not in use is another way the risk is reduced. This again can lower the cost of the annual premium. By agreeing to an increase in the excess paid when a claim is made also reduces the risk of the performance car, which again should lower the annual premium.

Compare High Performance Car Insurance Groups Now

If you need multiple quotes for performance car insurance, the panel can help you by providing a range of quotes from a panel of select UK brokers that deal exclusively in performance car insurance. To get started, select the below.

The performance car insurance policies are tailor-made to fit the driving needs of the owners who love their high-powered vehicles. It is true the premiums cost more, but the policies also protect the vehicles more when there is an incident like an accident or the vehicle is stolen. You will also have salvage retention, so the car and its parts will always be under your control.

Don’t have your registration number? No problem, click here.


*51% of consumers could save £529.95 on their Car Insurance. The saving was calculated by comparing the cheapest price found with the average of the next five cheapest prices quoted by insurance providers on Seopa Ltd’s insurance comparison website. This is based on representative cost savings from February 2024 data. The savings you could achieve are dependent on your individual circumstances and how you selected your current insurance supplier.

Scroll to Top