With Marty McFly and Professor Brown set to arrive in the future today, experts at leading car insurance specialist 1ST
CENTRAL have put a price on owning not just the famous DeLorean, but some other legendary vehicles from the silver screen. The list reveals that although the time travelling machine would cost £60,000 in insurance, Transformers Autobot leader Optimus Prime would be the most expensive movie car to insure, followed by Bruce Wayne’s Batmobile and the Hell Cycle from Ghost Rider.
The experts at 1ST
CENTRAL looked at how much it would cost to insure famous movie motors based on typical criteria assessed when applying for car insurance. These included age and profession of the owner as well as taking into account some more unusual characteristics of the car, including weaponry, alien origin, self destruct functions, armour and of course, time travel capabilities.
Professor Brown from Back to the Future is a mature man with a classic car, so is likely to cherish his vehicle and would normally have a low pay out. However his DeLorean is a group 20 vehicle, the highest classification on the insurance scale and the unconventional fuel system utilising household rubbish has raised some eyebrows with the underwriters. Marty and the Professor will also find their time travel causing frequent issues with their annual insurance policy dates, resulting in a lot of cover required, they would have real problems trying to buy back-dated cover. Based on this and the fact that the DeLorean had to reach speeds of 88mph in order to time travel today, Professor Brown is looking at an insurance rate of £60,000 a year.
Optimus Prime tops the list as most expensive movie car to insure. Under normal use the leader of the Transformers (based on a Peterbilt 379) would command a much lower premium than his friend Bumblebee, however a history of collisions, containing a weapon, as well as being an alien (so not having a fixed address) all count against Optimus on the proposal form leading to a £1million quote.
The Batmobile is the second most expensive motor at £750,000. But if Bruce Wayne were English he may be able to pinch some pennies and reduce his premium through self-insurance, saving £250,000 by paying half a million pounds directly to the UK treasury.
As a standard Chevrolet Camaro, the Transformer Bumblebee falls into insurance group 14 and is a relatively good risk to insurers. However, with Sam Witwicky as the driver he will attract greater premiums due to his young age and being a student. Despite the Camaro now being available in the UK, Bumblebee is technically imported from Cybertron, but if the import status were overlooked, Sam might be able to get a quote in the region of £10,000.
The costs to insure the famous movie motors examined are:
- Optimus Prime (Transformers) - £1,000,000
- Batmobile (Batman) - £750,000
- The Hell Cycle (Ghost Rider) - £400,000
- Wolverine’s motorcycle (X-Men) – £150,000
- Mr Weasley’s Ford Anglia (Harry Potter and the Chamber of Secrets) – £70,000
- DeLorean (Back to the Future) - £60,000
- Bumblebee (Transformers) - £10,000
- Herbie (Herbie Fully Loaded) - £7,000
- The Black Beauty (Green Hornet) – £4,000
- Chitty Chitty Bang Bang (Chitty Chitty Bang Bang) – £3,500
Despite the considerable damage his high speed car chases may have caused the taxpayer, James Bond’s Aston Martin DB5 is exempt from the list; as an employee of the Crown, James doesn’t require insurance as the government takes the place of the insurer.
Commenting on the findings, Pete Creed, Co-Founder and Chief Underwriting Officer, at 1ST
“With the DeLorean finally arriving in 2015 we thought it would be a fun to look at the cost of insuring the time travelling car and other famous movie motors. A lot of factors were taken into account in creating these quotes and it was a great exercise for our staff, though these prices cannot be guaranteed. Whilst pricy, if Professor Brown is going to drive around at 88mph we recommend that he ensures he’s fully covered.”