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Performance Auto Insurance

rcastro — Fri, 30 Jan 2009 01:55:08 +0000

Whether you own a 1999 Honda Accord whose 140 horsepower 1.5 liter D15 engine you have just replaced with a 280 horsepower 2.3 liter turbocharged K Series engine, or you are the owner of a new 1018 horsepower Koenigsegg CCXR, you will want to do business with an auto insurance company which has the inside track on insuring performance vehicles.
Insurance companies, when determining the premium for a particular vehicle, consult actuarial companies to evaluate that year, make and model’s loss history, how often this type of vehicle is stolen and how expensive it is to repair or replace. This is how your insurer prices the comprehensive and collision coverage on your vehicle.

Differences in Performance Vehicles

It is for this reason that sports performance cars, such as the Porsche or Mercedes AMG may be less expensive to insure than a performance-enhanced vehicle in which a smaller engine has been replaced by a larger, more powerful one, and whose suspension and other driving characteristics may have been altered. Insurers may assume that such modifications alter the handling of the vehicle and make it less safe on the road. “Garden variety” insurers believe that drivers of “tricked out” vehicles are also more likely to drive with less caution.

Use an Agent Who Knows Performance Vehicles

Consider obtaining performance auto insurance from a specialty insurer who may be more familiar with your type of vehicle and more experienced handling performance vehicle claims. In many situations, a specialty insurer recognizes that the hours of labor and expense devoted to a vehicle may reveal a driver who is more responsible than most. In some instances, the cost of the modifications to a vehicle may be worth more than that of the vehicle itself. In those situations, a specialty insurer will prepare an agreed-value policy based on the value of the car and its modifications. Regardless, you will want to know how to keep your performance auto insurance premiums as low as possible while keeping your lightning bolt on wheels adequately protected. (more…)

Koenigsegg CCX around Los Vegas Motor Speedway Roadcourse

rcastro — Mon, 25 Jun 2007 14:19:45 +0000

Watch the 2007 Koenigsegg CCX dance around an air strip in Sweden

rcastro — Mon, 25 Jun 2007 14:15:43 +0000

A new great test of Koenigsegg CCX

rcastro — Mon, 25 Jun 2007 13:51:53 +0000

Koenigsegg CCXR crash costs $1,1969,44

rcastro — Tue, 15 May 2007 14:53:28 +0000

ANYONE familiar with the BBC’s Top Gear programme will know that they’re not afraid of pushing their test cars to the limit.It’s probably not a huge surprise that when they asked to borrow a one-off Bio Fuel powered Koenigsegg CCXR, the manufacturer insisted that a senior Koenigsegg engineer drive the 1018hp, 250mph supercar between photographic locations.

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Koenigsegg CCGT Competition Coupe GT

rcastro — Thu, 08 Mar 2007 22:36:56 +0000

Down tuned to 600+ HP in order to comply with race regulations.

Koenigsegg has created a new race car - the CCGT, based on the production CC-model range. The CCGT complies with the ACO and FIA GT1 regulations.

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CCX Updates for 2007

rcastro — Thu, 08 Mar 2007 22:26:47 +0000

A new and revolutionary instrument cluster with intuitive display of all important information. The New Koenigsegg Chronograph Direct Focus Instrument Cluster - envisioned by Christian v. Koenigsegg & engineered in-house by the Koenigsegg Engineering Team.

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CCXR Flower Power - 1018 hp

rcastro — Thu, 08 Mar 2007 22:01:59 +0000

When thinking about supercars, one of the last things that spring to mind are their environmental friendliness.

Even though the very low and exclusive production volume of Koenigsegg can hardly be considered to have a measurable impact (more…)

Top Gear: Koenigsegg CC8S

rcastro — Mon, 11 Dec 2006 14:27:15 +0000

Koenigsegg CCX Supercar Speeds into the Gulf

rcastro — Mon, 13 Nov 2006 03:53:16 +0000

The Swedish-made 550,000 Euro machine is set to catch the eye of car aficionados with its finely honed beauty and power.

Dubai, UAE –13th November 2006 -The world’s fastest, most powerful production cars will soon be gliding along the roads of the UAE and the rest of the Gulf, but there is little worry that it will (more…)