If you have THE best luxury car, you are definitely looking for THE best luxury car insurance. There are a number of excellent options to choose from in the US; one of them is 50Fifty luxury car insurance.
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50Fifty Luxury Car Insurance
According to their website, “50Fifty is a product designed by car enthusiasts for car enthusiasts.”
About 50Fifty luxury car insurance
50Fifty luxury car insurance company is based in Unit 1, Kevin Ridge Estate, 436 Aureole Avenue, Northriding.
This insurer specializes in luxury cars and assures its policyholders that they can protect their pride and joy.
Luxury Car Insurance Companies + Cost
How much does it cost to insure a luxury car with 50Fifty?
Unfortunately, the insurance rate depends heavily on what kind of car you own. A number of factors are considered when calculating a luxury car premium, besides the price of your car for replacement things such as the expensive repair costs, the size of your luxury car, the engine size and the horsepower, and the high probability of theft.
Also, factors that would impact your typical car insurance also affect your luxury car insurance. They include:
- Age
- Driving record
- Marital status
- Credit score
- Location
- State
- Whether you garage your car or not
- Gender
However, 50Fifty will guarantee 50% of your premium back to you if you drive your luxury car for 15 days or less in a month!! No more limited mileage or good driving behavior discounts for 50Fifty policyholders.
How does 50Fifty work?
50Fifty claims that you, dear luxury car owners, do not always take your luxury car out for a drive. 50Fifty believes that the cost of insurance must suit the risk.
Therefore, this insurer refund policyholders the premium they paid for the days they didn’t drive their car.
As a car insurance nerd, I’ve seen many usage-based insurance products like mileage-based and good driving behaviors with promises of big rewards, and some of them didn’t really deliver, and you have to jump through many hoops to get a decent discount, well no more with 50Fifty.
As they mentioned on their website: “The 50Fifty concept is simple – we provide comprehensive insurance cover with one basic condition, for the days you don’t drive your insured car, the daily premium gets refunded to you.”
The 50Fifty application
50Fifty also have an application that allows you to 50Fiftytrack your vehicle’s location, to check your policy information for each car you have linked to the profile plus see any changes that you have made, to use the dashboards to track the days you used your vehicle to maximize rebates which update daily, to check the “available funds” value on the rebate card –which also updates daily.
You can contact 50Fifty Through…
Phone number: +27 11 704 5247
E-mail: info@5050.insure
And for claims, you can use info@5050.insure this E-mail.
