One could say that car insurance usually doesn’t cost too much and can be affordable to the majority of consumers. Nevertheless if you are an owner of a luxury or a sports car, you definitely know how much it costs to insure it. The thing is that there is not always that distinct interdependence of the car insurance fees and the actual value of the car. Sometimes a cheaper car can qualify for a higher insurance rate than a more expensive brand new vehicle. But almost all the cars that cost more than 100,000 get a very high insurance rate. These is the type of cars we are going to speak about. It’s rather common that the owners of some very expensive models don’t insure their cars if they are considered to be rarity or belong to some private collections. Nevertheless some of them don’t only find money to buy such a car. They actually can afford to insure it.

Anyways, here is a list of ten most expensive cars ever insured in human history.

1. Rolls Royce “Silver Ghost”.

This old-fashioned antique vehicle was once insured for $50 million and was recognized as the most expensive car in the world even though it is no longer in production.

2. Ferrari GTO.

When this car was insured for the first time it was purchased for $22 million.

3. Bugatti Type 41 Royale.

The first insured Buggati Type 41 Royale was sold for around $12 million, even though today’s price of this vehicle can be as low as $40,000.

4. Mercedes Benz CLK-GTR.

The price of this vehicle built in a limited edition was up to $2 million.

5. Bugatti Veyron 16.4

The price of this Royale’s brother was $1.7 million. Nevertheless the insurance rates were very high because of the exclusiveness of this model and its high repair costs.

6. Mclaren F1.

This incredibly beautiful sports car costs more than $1 million but its high speeding abilities (more than 230 mph) still make the insurance rates jump up too.

7. Ferrari Enzo.

This peculiar vehicle was also released by limited edition and sold for $1 million.

8. Pagani Zonda C12 F.

The price of this stylish beauty is relatively stable and remains the same during several years – around $0,7 million.

9. Koenigsegg CCX.

This luxurious car costs around $0,6-0,7 million.

10. Porsche carrera GT.

The price of this exclusive vehicle was about $0,5 million.

Most of these cars have a four-wheel drive and are diesel-driven which makes the repairs more complicated. But mainly the high insurance rates are conditional on the high price and the uniqueness of the cars themselves because many of them are very valuable due to their limited edition.

An extended car warranty has become a paradoxical example of how one can save a lot if one pays just some money. When someone buys a new vehicle it is usually covered by the manufacturer for 3 years or 36 000 miles. As soon as the manufacturer’s warranty expires a car owner has to pay for the repairs with his/her own money which becomes very costly. An extended car warranty gives you an extension for the privileges of a newly purchased car which means you can save your money and keep your car in the best mechanical condition for several years. Some companies offer extended vehicle warranties that pay for any repairs from 4 years to 7 years (or up to 100 000 miles).

Here is how to save your money on an extended car warranty and while using it. First of all you should apply for an extended warranty as soon as possible even if you are still covered by the manufacturer because the newer your vehicle is the lower the warranty costs. Secondly, if you chose your extended car warranty to be without any deductible the warranty may cost you a little more, but you won’t pay for anything in any car service station during several years till your extended warranty expires. Thirdly, make sure you get a tear-and-wear coverage. This usually prevents you from getting into an ambiguous situation when a mechanical failure will be interpreted as a tear-and-wear one which might be not covered by your warranty.