Why do insurers charge higher premiums for high performance car insurance?

Car performance car insurance is often more expensive for a variety of reasons. For example, if it is the first time you have owned, or driven, a high performance car, then the insurance will be higher because you are more likely to lose control of the car in, for example, adverse weather conditions. This is especially the case for rear wheel drive cars like BMW’s & Mercedes. Insurers will...

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