Well one can't drive a car without insurance.
If someone is buying quarter million dollar car he will for sure will have insurance
If someone buying a car on installment from bank.. A full insurance is must collision and comprehensive.
That's the reason all expensive luxury cars and super cars have very high rate of premiums.
Insurance companies investigate throughly in case of super cars claims specially fire. As people do insurance frauds.
Most of super cars are insured more than their value. Owners pay extra premiums to keep themselves safe.
Such cars are sent to junkyards. No one buy a spare from an accidental Gallardo. Cant be fixed. Insurance companies in accidents like this make sure these are not come on roads.
In case of minor accidents there are salvaged companies who buys it . Fix and sell it. The car history report by law shows a salvaged title. But accidents like these are not repair able.
