11 Most Expensive Car Insurance Claims

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There aren’t many things in this world that can give you the same feeling as sitting behind the wheel of a sports car built for maximum speed. The problem with aspiring to own a supercar, or any luxury vehicle for that matter, is that the moment something catastrophic happens to your car – whether that be an automobile accident, storm, or vandalism – things quicklybecome very expensive. Try telling your insurance agent that you totaled your 1936 Type 57SC Bugatti Atlantic Ferrari and don’t be surprised if you’re met with shock and silence. Unfortunately, many people have dealt with catastrophic expenses due to unforeseen circumstances involving their vehicle. Here are 11 of the most expensive car insurance claims.

1) Totaled Ferrari 250 GTO

Totaled Ferrari 250 GTO

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'Most expensive car crash' Ferrari 250 GTO restored by Ferrari Classiche

During a race in 2012, the owner of a Ferrari 250 GTO lost control of his car and careened into another vehicle, causing extensive damage in the process. It’s said that the accident wasn’t the fault of the driver of the Ferrari, but that doesn’t change the fact that the supercar is valued at over $35,000,000.

2) Crime doesn’t pay

Crime doesn’t pay

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Ferarri Enzo Crash in Malibu

Stefan Eriksson is known for his criminal exploits as head of a Swedish organized crime group. Eriksson leased several vehicles from a London based company and had them shipped illegally to the United States. One of the illegally exported vehicles was a Ferrari Enzo. Eriksson couldn’t help but take the supercar out for a drive on an American highway and ended up wrecking the vehicle at 160 MPH. Ultimately, the Enzo was worth $1.4 million.

3) Taking a dip

Taking a dip

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Deliberately Crashing a Veyron into a Lake

In 2009, Andy Lee House demonstrated how smart he was when he bought a Bugatti Veyron for $1 million, but somehow put a $2.2 million insurance policy on the vehicle. Everything was perfectly legal until Andy decided to take his Veyron for a spin…and a dip. Deciding that he wanted to cash in on his split insurance policy, Andy drove his Veyron directly into a lake. It was a well thought out plan, but unfortunately for Andy, a camera recorded the entire incident. He was convicted of insurance fraud and is now serving time.

4) Lamborghini Aventador

Lamborghini Aventador

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It should warm a father’s heart to let his son test drive his ultra-expensive sports car.  That’s exactly what one father did when he handed his son the keys to his Lamborghini Aventador. Sadly, the day almost turned tragic when the son was involved in an accident with a wrong-way driver. Though the son wasn’t at fault, the repairs ran to the tune of $312,000.

5) Ferrari 458 Italia

Ferrari 458 Italia

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Car Crash: Afrojack Crashes Ferrari After Delivery

You may know of the world famous DJ Afrojack. He’s one of the most well-known DJs of all time, but did you know that just minutes after purchasing his beautiful brand new Ferrari 458 Italia, he crashed his car causing massive damage? The MSRP for the vehicle was $240,000. It’s estimated that the insurance claim was roughly around the same.

6) PaganiZonda


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The PaganiZonda supercar is a very rare vehicle and thus, it’s always a sad day when one of these rare beauties is involved in an accident. The PaganiZonda in question met a terrible fate when its driver crashed into a wall, completely totaling the vehicle. Both the driver and the car survived the incident – the driver being sent to the hospital, the supercar being shipped to Italy for repairs. Ultimately, the insurance claim was a total of $456,000.

7) McLaren F1

McLaren F1

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Mr. Bean and his McLaren

Rowan Atkinson, or Mr. Bean as he’s more commonly known, is an avid collector of rare and exotic automobiles. It wasn’t uncommon to see Atkinson take his prized McLaren F1 onto the track and do a couple of laps. Things took a turn towards the expensive side when Atkinson crashed his vehicle and was sent to the hospital as a result. Though Mr. Bean eventually recovered from his injuries, we can assume that the insurance payout was heftysince he sold the vehicle for $12 million after the accident.

8) Vehicular Monaco Rampage

Vehicular Monaco Rampage

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A perfectly normal day in sunny Monaco quickly turned sour for many motorists when the driver of a Bentley Azure went on a rampage that would prove quite costly indeed. Her first victim was a Mercedes S-Class. She only bumped into the Mercedes which wouldn’t have been so bad if that had been her only offense of the day.  Next, she damaged an Aston Martin Rapide. Other victims to be added to her list before the day's end were a Porsche 911 and a Ferrari 430. Whether she intentionally caused the accidents or not was never revealed, but the damage she caused was estimated to be around $1,000,000.

9) Japanese Ferrari Massacre

Japanese Ferrari Massacre

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8 Ferraris, 3 Mercedes, a Lamborghini, a Skyline and a Toyota Prius

In Japan, there is an annual gathering of Ferrari owners who congregate and enjoy the sights and sounds of the many supercars in attendance. What happened at one of these gatherings would make any Ferrari enthusiast cringe. While traveling to the fateful gathering one year, eight separate Ferraris, as well as a mixture of other exotic vehicles, were involved in a huge accident that totaled many of the vehicles involved. From the massive amounts of wreckage and damage found at the crash site, one could only assume they were traveling at extremely high rates of speed. The total amount of damage wrought was in the $2 million range. Thankfully, all participants survived the accident.

10) Mercedes-Benz SL300 Gullwing

Mercedes-Benz SL300 Gullwing

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The SL300 Gullwing looks like it was driven right off a James Bond movie set with its classic lines and unique aerodynamic shape. In other words, it’s a beautiful car that would make any exotic car collector happy to add it to their collection. Sadly, the owner of an SL300 Gullwing was cut off by another driver and crashed as a result. There aren’t many details about the accident itself, but the end results were costly: between $1 million to $4 million in damages.

11) PaganiZonda S
PaganiZonda S

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Bodyguard crashes his boss' sports car

It seems that the few Pagani’s out there are being driven by reckless daredevils with an affinity for driving way too fast. This is especially the case for Andy Danso, the bodyguard of a well-known Chinese businessman. Danso was allowed to test drive a PaganiZonda S, an expensive car by anyone’s standards. As Danso drove the vehicle, he pushed the car to such great speeds that he lost control and crashed into a fence somewhere in North London. The PaganiZonda S that Mr. Danso crashed was estimated to cost about $1 million.

If there’s any lesson to be learned from the unfortunate souls on this list, it's to find good car insurance that will cover any damages that you might incur while driving. You never know what may happen while out on the road.