Celebrity Buys Ferrari Classic Car Insurance

Life being a celebrity isn’t all a bed of roses you know! After all, they can’t even go on the Internet and compare car insurance prices for their Bugatti, Bentley or Ferrari.

Not because they are celebrities, but because most mainstream car insurance companies will not cover them because of their employment as an entertainer or footballer etc.

So as the lucky person who just bought a celebrity Ferrari at Silverstone today will soon find out, especially if they are another famous person or work in an unusual public position, it is essential that if you own a high performance, sports car or classic car or motor, to seek out a specialist car insurance company.

Specialist Car Insurance Brokers will make sure that you have the right cover for the cars needs. For example if the person who bought the ‘Celebrity’ Ferrari for £66,500 at auction today did not insure the car under a classic car insurance policy which included an agreed valuation, any provenance that might have gone on the value of the car by who owned it, will be lost in the event of a claim.

The yellow Ferrari which exceeded its guide price at auction was previously owned by British rock guitarist Eric Clapton of Cream and Derek and the Dominoes fame and BBC Radio 2 presenter Chris Evans has fetched £66,500 by a private buyer at a sale in Silverstone today.

Auction manager Guy Loveridge said the vehicle exceeded its guide price.

The yellow Maranello was bought new by Mr Clapton, who signed its service book, and was later sold to Mr Evans.

Mr Loveridge said the Ferrari – which was described by Silverstone Auctions as a desirable car in its own right – was in lovely condition.

“Famous name provenance is always a help,” he said.

“It’s a great car and we are not surprised that it fetched such a large amount of money.”

The car had been expected to go for between £58,000 and £66,000 at the Classic Sale at Silverstone, Northamptonshire – the home of the British Grand Prix. There are more classic sales over the next few days and buyers can get immediate classic car insurance quotes or cover by phoning a specialist classic car insurance broker on 0800 089 0182