With The Dark Knight Rises hitting theatres this weekend, we thought it would be fun to calculate how much Batman’s modified batmobile known as the “Tumbler Batmobile” would cost to insure. Obviously, money isn’t an issue for Bruce Wayne who is worth an estimated $6.5 billion but how much is he paying to insure that batmobile and what kind of coverage does he have?
As a rough estimate, the cost of your car insurance is usually 5% to 8% of the cost of your car. Considering the cost of the tumbler batmobile was $250,000 to produce, Bruce Wayne is likely shelling out $20,000 per year on car insurance. In addition, if he has comprehensive and collision coverage, which he should because he’s smashing into bad guys all the time, he would be dishing out another $10,000, bringing his premium to $30,000. Also since the batmobile is a target for theft by Batman’s foes, his theft coverage is going to tack on another $5,000. If we calculate it up, this means that Batman is spending at least $35,000 per year to insure his batmobile.
Does this make sense?
The batmobile is based on the Lamborghini Murcielago and a standard U.S. army tank. While it isn’t possible to get the rate groups for a tank, we do know that for a new Murcielago, insurance can range from between $5,000 and $44,000 per year. The huge difference in price is based on things such as address, martial status, age, accidents and tickets. Considering Bruce Wayne is 32, single, drives a Murcielago and lives in Gotham City, which has one of the highest crime rates in the country, it’s likely his risk profile would fall toward the higher end of the risk spectrum, making his insurance costs even higher. I would speculate that if Batman were to insure his batmobile, he would be spending anywhere between $50,000 and $100,000 per year.