Luxury Vehicle Insurance

Insuregroup is a specialist insurance broker with access to a broad network of national and international insurers. For prestige and high-value vehicles we source and compare options across that panel, including products available through our membership of the Steadfast Group. (Policy terms and availability are subject to underwriting assessment.)

Why Prestige Vehicle Owners Work With Insuregroup

Founded and led by Stirling Sanderson, Insuregroup (AFSL No. 525491) has been arranging motor and specialist insurance for Australian clients since 2014. High-value vehicles sit outside the assumptions most standard motor policies are built on — replacement values, parts availability and repairer requirements all differ — and we help owners understand where a policy will and will not respond.

Monthly Instalments

Monthly payment options may be available through the insurers we work with, helping support cash flow management.

Expert Advice

With over 10 years of experience in commercial and specialist insurance, our team can help you understand the features and limitations of luxury car insurance.

Quick Quotes

Need cover fast? We assist with fast quote requests, helping you review options without unnecessary delay.

Range of Options

We work with a broad network of insurers to help you compare and assess prestige vehicle insurance options that suit your needs and risk profile.

What Is Luxury Vehicle Insurance?

Luxury vehicle insurance is a type of motor insurance designed for high-end or prestige vehicles that often exceed standard policy limits or require specialised terms. These vehicles may have a higher replacement value, unique repair requirements, or increased risk exposure due to performance or usage.

Cover may include accidental damage, theft, third-party liability and more, depending on the policy chosen. At Insuregroup, we help you explore insurance options designed for high-value vehicles suited to your needs, vehicle type and usage.

Do You Need Luxury Vehicle Insurance?

You may need luxury vehicle insurance in Australia if your car is considered high-value, rare, imported or modified beyond standard specifications. These vehicles are often excluded or capped under general car insurance policies due to their cost, performance, or specialist repair needs.

Additionally, if your luxury car is damaged, stolen or involved in a liability incident, having a suitable policy can assist in reducing the financial burden and supporting appropriate repairs.

Types of Luxury Vehicles That Can Be Insured

We help clients source insurance options for a wide range of prestige and luxury vehicles, including:

• High-performance sports cars — from brands like Ferrari, Porsche or McLaren.
• European luxury sedans — such as Mercedes-Benz, BMW or Audi.
• Prestige SUVs — including Range Rover, Maserati and Lexus models.
• Collector and rare classic vehicles — with high market or agreed values.
• Modified and imported vehicles — with custom or specialised configurations.

Whether you own one luxury car or a collection, we can help you explore cover options that align with your needs and insurer requirements.

What Does Luxury Vehicle Insurance Cover?

Luxury vehicle insurance policies vary depending on the insurer and level of cover selected. However, many offer benefits that go beyond standard motor insurance. Common inclusions may include:

• Accidental damage, including collisions or parking incidents
• Theft or attempted theft
• Fire or malicious damage
• Legal liability for injury to others or damage to third-party property
• Transit cover for vehicle transportation or relocation

Optional benefits may also be available, such as:

• Agreed value cover
• Choice of repairer
• Emergency accommodation or travel expenses
• Hire car after theft or an accident
• Windscreen and glass replacement

The appropriate level of cover depends on how and where your vehicle is used. At Insuregroup, we can assist in reviewing your options to help you understand which features may be appropriate for your circumstances.

What Does Luxury Vehicle Insurance Not Cover?

Luxury vehicle insurance provides valuable protection, but like any insurance policy, there are limitations. Exclusions will vary between insurers, so reviewing the Product Disclosure Statement (PDS) is essential to ensure the policy meets your expectations. Common exclusions may include:

• General wear and tear
• Mechanical or electrical failure unrelated to an insured event
• Losses from unauthorised or unlicensed driving
• Use outside of agreed business or personal use terms
• Claims involving unlawful acts, misrepresentation or non-disclosure

Identifying a suitable policy for a high-value vehicle can be complex. If you are unsure about what is covered or how to navigate policy exclusions, we can help you understand your options and guide you through the process.

Related Cover

If the vehicle is used as part of running a business, commercial vehicle insurance may be the more appropriate product, and a mixed group of vehicles may be better arranged under fleet insurance. For a single high-value item other than a car, see our machinery and equipment insurance page.

Ready to Get a Quote?

Send us the vehicle’s make, model, year, market value and where it is normally garaged, and a broker will review your details and come back with the options available for it.