£270k Lamborghini but No Insurance: Police Seize Supercar

A motorist happy to spend £270,000 on a Lamborghini Aventador didn’t manage to pay a few thousand more for car insurance and has consequently had the vehicle confiscated by police.

Thames Valley Police officers spotted the electrical blue Lamborghini driving around Milton Keynes city centre without a legally-required front number plate on 9 July. 

They stopped the driver, who couldn’t prove he had insurance for the Italian-made supercar.

Driving without a minimum of third-party liability insurance is a crime. If you’re caught driving without insurance, the police can hand you a fixed penalty of £300 and six penalty points on your licence. If the case goes to court, you could receive an unlimited fine and even be disqualified from driving.

The police also have the power to seize, and in some cases destroy, the vehicle being driven uninsured.

While Thames Valley Police is unlikely to destroy the Lamborghini they described as “beautiful,” they did seize it and reported the driver for operating it without insurance. They released photos of the supercar being loaded onto a truck and driven away.

As a high-cost and high-powered sports car, the Lamborghini Aventador is expensive to insure. It sits at insurance group 50 of 50 alongside fellow supercars the Maserati GranTurismo, the McLaren MP4-12C, and the Ferrari F12, and slightly humbler models like the Mercedes-Benz S-Class and Tesla Model 3.

In general, supercars drivers should expect to pay between 1% and 1.5% of the vehicle’s agreed insured value for insurance cover each year. For the Aventador that's £2,700 to £4,050 per year. 

Motorists may also have to turn to specialist insurers for cover for the attention-grabbing car.

However, that’s loose change compared to the £270,000 purchase price of the Aventador. It’s not a stretch to say the owner of the blue Lamborghini seized in Milton Keynes could comfortably afford insurance for it.

As one user wrote on Twitter: "Shocking that they can afford the car but can’t be bothered to get the insurance."

Sources