It can cost a lot of money to insure a car as rare, powerful, and prone to hooning as the Dodge Demon. That means insurance rates cost more and it can be hard to find an insurance company willing to write you a policy that would actually give you what you paid for your Demon should the worst happen and you total it out.
Hagerty is an insurance company that has been writing policies for all sorts of classic, custom, and exotic cars for many years and it has announced that it will be the official insurer for the Demon. Specialized insurance coverage will be offered to all 3,000 US Demon owners and the 300 buyers who get their hands on a Demon in Canada.
The policy will be a Guaranteed Value policy that will set the value of the vehicle at the time the policy is written meaning no negotiations of the car becomes a total loss in the future. The Demon will land this fall and will start at $86,090. I can’t help but wonder how much the policy will cost.