Stolen Rolls Royce Found in Ft. Lauderdale

Stolen Rolls-Royce Recovered in Fort Lauderdale, Perpetrators Still Evading Capture

Fort Lauderdale Discovery

A luxurious Rolls-Royce, one of the world’s most prestigious automobiles, stolen from a North Miami residence, has been located in Fort Lauderdale. Despite this fortunate turn of events, the thieves responsible for the heist have managed to elude authorities.

Owner’s Relief

The owners of the stolen vehicle expressed their relief when a vigilant individual spotted the car in Fort Lauderdale after seeing a news story on the incident. Their distinctive purple Rolls-Royce Wraith, one of only six produced in that particular shade, had been stolen from their garage in broad daylight.

Brazen Heist Caught on Camera

Surveillance footage captured the audacious theft, showing the thieves, dressed in white T-shirts, arriving in a silver Mercedes-Benz sedan. They forcibly entered the garage and seized the keys from the wall before making a quick escape in the stolen Rolls-Royce and the Mercedes-Benz.

Determined Owner’s Pursuit

Determined to recover their prized possession, Robert Benyo collaborated with North Miami Police in an extensive search for the culprits. To raise awareness, he even hired an airplane to fly a banner reading “Stolen purple Rolls-Royce” along with his phone number. The aerial campaign yielded numerous tips, with one observant individual reporting the car’s location.

Team Effort and Gratitude

Benyo credited the successful recovery to a collective effort among various agencies, particularly acknowledging the contributions of Detective Antoine and Officer Jorge Gutierrez.

Road to Recovery

The Rolls-Royce will soon be back on the road, pending processing, before it is returned to its rightful owners. Benyo emphasized the lesson learned from the theft, highlighting the need for enhanced security measures to safeguard valuable possessions.

Safety Concerns

Although the family was at home when the theft occurred, no one was harmed. Unfortunately, the thieves responsible for this audacious crime remain at large.

INSURING A ROLLS ROYCE

The cost of insuring a motor vehicle depends on a various factors such as age, driving record, financial status, and more.

The Cost of Insuring Luxury Cars

Luxury vehicles, such as Rolls-Royce, come with a hefty price tag not only in terms of purchase but also when it comes to insuring them. Let’s delve into the world of luxury car insurance costs and the need for full coverage.

Rolls-Royce Insurance Rates

Rolls-Royce is synonymous with opulence and extravagance, and this extends to their insurance rates. On average, insuring a Rolls-Royce vehicle can set you back approximately $2,734.20 annually. This puts Rolls-Royce in the second spot among 36 luxury car brands in terms of insurance costs.

The Ghost: A Pinnacle of Luxury and High Insurance Costs

For instance, insuring a Rolls-Royce Ghost, one of the marque’s iconic models, can cost around $428 per month or a staggering $5,138 per year. This figure is nearly four times the national average of $1,318 for car insurance, firmly establishing the Ghost as one of the most expensive cars to insure.

Maintenance Matters

Rolls-Royce cars are renowned for their advanced engineering, including intricate brake systems and high-quality synthetic oil requirements. Regular maintenance is essential to ensure the vehicle’s optimal performance and safety, further emphasizing the need for comprehensive coverage.

How Rolls-Royce Insurance Compares

Comparing Rolls-Royce to other luxury brands, the average cost of car insurance for a Rolls-Royce model is approximately $7,740 per year. This amount is $5,515 higher than the average insurance cost for other luxury vehicles. These calculations are based on a hypothetical scenario involving a 40-year-old responsible driver with excellent credit, full coverage, and an annual mileage of around 13,000 miles.

Factors Influencing Premiums

Insurance rates for Rolls-Royce and other luxury cars can vary significantly due to various factors. These factors include the vehicle’s make and model, the driver’s age, location, annual mileage, credit score, and driving history. It’s essential to take these variables into account when seeking insurance coverage.

Age and Insurance Costs

Age is a significant factor influencing insurance premiums. Younger drivers are generally more expensive to insure due to their higher likelihood of being involved in accidents. However, as drivers approach age 25, insurance costs tend to decrease substantially. Rates may continue to decline until around age 60, with modest increases afterward.

Credit Score’s Impact

Credit scores also play a pivotal role in insurance premiums in many states. Younger drivers often have limited credit history, which can result in higher insurance rates. One effective way to mitigate this is by joining a family’s multi-vehicle insurance policy. As drivers age and maintain a clean driving record, their insurance rates become more affordable, and they can also work on building their credit.

Building Credit through Monthly Payments

While paying for car insurance itself doesn’t directly improve credit scores, using a credit card to make monthly insurance payments, as long as it’s paid in full each billing cycle, can help establish and boost credit. Additionally, this practice can serve as an opportunity to accumulate rewards points on a credit card, as insurance is an essential expense for every driver.

Insuring a luxury car like a Rolls-Royce demands attention to detail, careful consideration of various factors, and the willingness to invest in comprehensive coverage. As premiums can vary significantly between insurance providers, it’s advisable to periodically seek new quotes to ensure you’re not overpaying for the privilege of driving a luxury automobile.