{"id":757,"date":"2024-09-16T04:00:00","date_gmt":"2024-09-16T09:00:00","guid":{"rendered":"https:\/\/www.estirinsurance.com\/blog\/?p=757"},"modified":"2024-09-12T16:01:04","modified_gmt":"2024-09-12T21:01:04","slug":"do-i-need-more-insurance-for-an-expensive-car","status":"publish","type":"post","link":"https:\/\/www.estirinsurance.com\/blog\/do-i-need-more-insurance-for-an-expensive-car\/","title":{"rendered":"Do I Need More Insurance for an Expensive Car?"},"content":{"rendered":"<p>So, you&#8217;ve finally bought that high-end car you&#8217;ve had your eye on. It stands out on the streets of Bloomfield, NJ due to its luxury and price tag. Now, how do you protect it? With your vehicle being more costly than most, it&#8217;s essential to consider beefing up your auto insurance. At E.S.T.I.R. Inc., we can guide you on fine-tuning your coverage for maximum protection.<\/p>\n<h2><strong>The Increasing Costs of Repairs<\/strong><\/h2>\n<p>Luxury vehicles come with a heftier price tag when it comes to repairs due to the added amenities they offer. Brands like Mercedes-Benz, BMW, Lexus, and other high-end names offer sedans and SUV models priced well over $100,000. If your preference leans towards Lamborghini, Jaguar, Porsche, and other such manufacturers, be prepared to spend even more. While standard auto insurance policies cover a large portion of these vehicles&#8217; costs, there are parts of your coverage you may want to increase. Foremost, your policy should reimburse you the vehicle&#8217;s value immediately before the accident if totaled, deducting the deductible amount. This principle applies to comprehensive, collision, and uninsured\/underinsured motorist coverage. It might also be wise to increase bodily liability as owners of high-end vehicles can often become a target for lawsuits.<\/p>\n<h2><strong>Luxury Car Insurance Policies<\/strong><\/h2>\n<p>Certain insurers specialize in providing specialized luxury car insurance policies. This can offer particular benefits if your car is custom-made. Luxury car insurance is not a separate category but a tailor-made policy to meet the exceptional needs of your coverage. Some policies even offer gap insurance and umbrella coverage to protect you against depreciation and possible lawsuits if you&#8217;re found guilty in an accident.<\/p>\n<p>If you&#8217;re uncertain about your luxury car insurance needs and requirements, E.S.T.I.R. Inc. agents are here to help. Reach out to our Bloomfield, NJ office to schedule a consultation and discover the perfect policy for your luxury vehicle.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>So, you&#8217;ve finally bought that high-end car you&#8217;ve had your eye on. It stands out on the streets of Bloomfield, NJ due to its luxury and price tag. Now, how do you protect it? With your vehicle being more costly than most, it&#8217;s essential to consider beefing up your auto insurance. At E.S.T.I.R. Inc., we [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[224,94],"class_list":["post-757","post","type-post","status-publish","format-standard","hentry","category-auto-insurance","tag-bloomfield-nj","tag-e-s-t-i-r-inc"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"So, you&#039;ve finally bought that high-end car you&#039;ve had your eye on. It stands out on the streets of Bloomfield, NJ due to its luxury and price tag. Now, how do you protect it? With your vehicle being more costly than most, it&#039;s essential to consider beefing up your auto insurance. At E.S.T.I.R. 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