Insuring a Maybach

If you're in the market for a custom-built, ultra-exclusive luxury car, you should look no further than Maybach. These cars are among the most expensive, most luxuriously appointed vehicles on the planet. There are only three models available these days, and one of them has a price tag that handily exceeds the seven-figure threshold. With that in mind, there should be no doubt about the fact that these cars are pricey to insure. However, there isn't any reliable information out there about how much you'll have to pay. It is almost certainly determined on a case-by-case basis. The most expensive Maybach, the Landaulet, is more than four times as expensive as the typical Aston Martin, which costs around $2,500 annually to insure. You can just imagine how much it would cost to keep a Maybach insured. Learn more about the factors that affect the cost to insure these cars below.

How the Automaker Got Its Start

The name of the brand came from Wilhelm Maybach, who was one of the first auto engineers in Germany. Wilhelm helped to design and engineer the first Mercedes, and he played a role in creating the engines that were used to power Zeppelins. The first Maybach car debuted in 1919, but the brand didn't have a very long run its first time around. Production was interrupted by World War II, and the vehicles stopped being produced in 1941. They didn't come back until 2003, when Daimler-Benz revived the marque. Since that time, the brand has produced a small, exclusive selection of vehicles with exorbitant price tags and customized designs. They are produced on an as-needed basis, so you won't find them on dealership lots.

Normal Safety Features Don't Reduce Insurance Costs Very Much

These models are so exceedingly expensive that even a decent array of safety features can't help to reduce insurance costs. In normal vehicles, safety helps a great deal. Despite the fact that the Maybach 62, 57 and Landaulet have superior safety features, these cars are still extremely expensive to insure. Their premiums are sure to be sky-high. No data is available in terms of crash tests. After all, who is going to pay hundreds of thousands of dollars to have a car custom-built and then destroy it?

Exceptionally High Price Tags Make Insurance Costs Go Through the Roof

Without a doubt, the vehicles' exorbitant price tags saddle them with very expensive premiums. The 57, for instance, has a starting price of around $380,000. That's a steal when stacked up against the 62, which begins at around $430,000. Still, both of those automobiles look positively cheap when compared with the Landaulet, whose starting MSRP is around $1.4 million. There are no two ways about it: These cars are exceptionally expensive, and they are sure to come along with very high insurance premiums too.

Theft Doesn't Affect Insurance in This Case

In most cases, theft rates have an impact on the cost to insure a vehicle. These cars are exceedingly rare, and they are not targeted by normal car thieves. You won't find a single model on the car theft lists that are maintained by the National Insurance Crime Bureau, and it's easy to see why. If you can handle the high price tag of the typical model, you can surely afford to keep it safely locked away.