Bugatti Insurance

Investing in the Right Insurance for Your Multimillion Dollar Supercar

Bugatti veyron super sport

The modern Bugatti is known to be one of the fastest cars on the road, whatever the model. The popular Bugatti Veyron has top speeds above 260 mph. It’s also one of the most expensive, often priced above $2 million. But this vehicle is far more than a symbol of ultimate wealth. For true aficionados, it is an extraordinarily engineered driving machine that is lavishly appointed to suit the impeccable taste of its wealthy owners.

And while the Bugatti experiences some depreciation because of the number of some models available, it’s still an investment as much as a purchase. If you're considering purchasing this multimillion dollar supercar, you will want to know more about the brand's history, features and its most popular cars, as well as how to choose insurance that keeps up with the vehicle itself. If you already own a Bugatti, you want to be sure you have the best competitive coverage on your high-end luxury automobile.

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The History of the Bugatti Brand

Most people recognize Bugatti for its supercar, the Veyron. However, the brand has a storied history. The company was originally founded in 1909 by Ettore Bugatti, who was born in Italy emigrated to France. The original cars were considered to be engineering and artistic masterpieces. The reason? Ettore was the son of a noted furniture and jewelry designer from Milan.

Up to World War II, Bugatti was known for their race cars and touring coupes. The race cars did well in competition, with models such as the Type 10 and Type 35 winning many races and making a name for the brand.

After the war, however, things took a turn for the worse. The Bugatti factory was destroyed during the war, and Ettore’s son died at the age of 30 while testing one of their newer models. Ettore passed away in 1947, and the company did as well. Only one race car was built during the 1950s. By 1963 the company was completely defunct. 1987 saw a brief revival of the Bugatti brand, but a poor economy forced the effort to cease and the company closed again in the 1990s.

But quality and luxury craftsmanship never die. Today, the Bugatti brand is owned by Volkswagen. Each year, they make a handful of models available to the general public. If there were a flagship model, it would be the Veyron EB 16.4; in fact, it is their only car. It can reach speeds of more than 250 mph and features a sleek design. It looks like a high-performance racing vehicle from front to back. The Veyron also comes in a few different models, including the standard model, Grand Sport, Super Sport, and Vitesse. A limited number of special edition versions are also available.

However, something new is on the horizon for Bugatti. The next-generation Chiron will boast a faster, even more powerful engine and will be more expensive, at a base price of $2.6 million. The new model will also have 300 more horsepower than the Veyron model, for an astonishing 1,500 hp.  

The Top Three Bugatti Models

Bugatti veyron super sport 2011

2011 Bugatti Veyron 16.4 Super Sport: This is a newer, sportier version of the Bugatti Veyron that provides a more extreme driving experience than the standard Bugatti. The Super Sport features an 8.0 L W18 engine complete with four turbochargers to produce 1,200 hp and 1,100 foot-pounds of torque. The forged alloy wheels and accompanying tires were specifically designed for Veyron to handle the incredible speeds. Standard features include carbon fiber sports seats, heated leather seats and a navigation system outfitted with Puccini audio components. The front of the vehicle features a larger opening to give it a more aggressive look and feel. As for safety features, it has anti-lock brakes, stability control, front impact airbags, seat belt pretensioners and a state-of-the-art security system. The 2011 Super Sport is made to deliver a fast, safe driving experience.

Bugatti Veyron Super Sport 2010

2010 Bugatti Veyron 16.4 Super Sport: The 2010 Super Sport features and an 8.0 L 16-valve engine that produces an impressive 1,001 hp. Transmission options are 7-speed autoshift manual with OD, or auto-manual transmission. This particular Veyron set a land speed record of 267 mph at VW's Ehra-Lessein proving ground. The body of the Super Sport is a beautiful marriage of components. The front features a carbon fiber monocoque combined with an aluminum frame, while the back features a carbon fiber and stainless steel frame. Standard safety features include anti-lock brakes, stability control, front impact airbags, seatbelt pretensioners, and an anti-theft security system. The open top design of the Super Sport is a nod to its racing past, while the interior speaks to the luxury expected from a modern high-end sports cars.

Bugatti Veyron Grand Sport

2009 Bugatti Veyron 16.4 Grand Sport: The 2009 Veyron Grand Sport can handle the road like a pro. Its 16-cylinder quad turbocharged engine produces 1,001 hp and 922 foot-pounds of torque. The neat feature of this particular model is the removable roof panel. The speed is capped at 253 mph, but should you be able to reach it, you’ll experience the Bugatti’s traction. It is designed to be glued to the pavement at top speed. This is further assisted by a rear wing that automatically raises and tilts upward when the brakes are tapped, to produce additional stopping power.

The Overall Cost of Owning and Insuring Your Bugatti Model

The average cost of ownership for a Bugatti is a bit complex. Annual routine maintenance costs around $21,000. Tire change is recommended every 2,500 miles and costs about $33,000 per set. Changing the entire wheel set every 10,000 miles is also recommended, at a cost of $50,000. This puts the average cost of ownership for a Bugatti right around $150,000 per year. That includes service, tires and taxes.

Insurance can run from $2,000-$4,000 per month. You might have to call a few insurers and be prepared to bring them your insurance history before they will insure the vehicle; this is quite common with high-end luxury sports cars. A Trusted Choice® agent can help you find a company with a Bugatti insurance program.

Insurance companies use a variety of figures to calculate car insurance rates. They consider things like:

  • Current value
  • Purchase price
  • The vehicle’s age
  • Quality of the interior
  • Any specialized parts or repairs
  • The type of engine parts the vehicle has
  • Any other factors directly related to the vehicle

Individually, they look at the owner’s criminal history, driving record, age, and how the car will be used—as part of a collection, driven for daily use, or used as a secondary vehicle.

Finding the Best Bugatti Insurance

While a Bugatti is very expensive to purchase, maintain and insure, it is the perfect choice for many affluent drivers. Before making the decision to purchase one of these high-end sports cars, be sure you factor in maintenance and insurance to get a true picture of what your Bugatti will cost you. If you own one already, you might need to review your insurance policy to make sure you are not overpaying for coverage.

Speaking with a Trusted Choice agent can help. They will make sure your insurance provides adequate coverage to protect you and your assets, while ensuring your Bugatti policy is competitive. Contact a local Trusted Choice agent today for more information regarding Bugatti insurance.

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