Warranty Solutions Group (WSG) has launched a ‘supercar’ and prestige warranty paying out up to £200 an hour in labour rate.
It is planned to meet the rising demand in the UK supercar market which according to research from UHY Hacker Young reached a new record in 2024, growing 4% year-on-year to 23,320 units.
According to WSG, Ferrari remains the most popular supercar brand in the UK, with 14,714 cars currently on the road.
However, Lamborghini ownership is experiencing the fastest growth, with an 8% increase to 5,421 cars in 2023/24.
John Colinswood, CEO of WSG, said: “Our product is tailored specifically for high-end vehicles and their discerning owners, delivering exceptional benefits that extend far beyond our standard coverage.
“With higher claim limits to reflect the more expensive components, enhanced labour rates and wear & tear cover for the life of the agreement irrespective of the vehicle’s age or mileage, it ensures peace of mind for those who demand the best.
The WSG supercar and prestige warranty includes up to £1,000 towards working materials (oils, fluids, oil filter changes, gaskets, and seals), in-car entertainment up to £5,000 and key fob coverage up to £1,000, £200 towards overnight accommodation and £100 towards car hire per day.