The Maserati Quattroporte is currently the most expensive car to insure, with an average monthly cost of $419—239% higher than the national average. When purchasing a new vehicle, it’s crucial to factor in insurance rates, as premiums for luxury or sports cars can add thousands to annual costs.
Insurance expenses vary based on factors like age, driving record, credit score, and state regulations. To identify the top 10 most expensive cars to insure and the best average rates, The Zebra analyzed its extensive insurance database; for historical comparisons, past reports from 2020, 2019, and 2018 are also available.
1. Maserati Quattroporte: The Costliest Car to Insure
The Maserati Quattroporte tops the list of the most expensive cars to insure in 2021, with an average six-month policy costing over $2,500. Despite being the fifth most expensive car on the list, its insurance costs outpace all others.
Auto-Owners offers the most affordable rate at $895 for six months, while Infinity and Nationwide also provide competitive pricing. Owners of this luxury sedan often opt for high liability limits and comprehensive coverage to protect their significant investment.
2. Audi R8: A Luxury Sports Car with High Insurance Costs
With an MSRP of over $142,000, the Audi R8 is an expensive vehicle to own and maintain, including its insurance costs. The average six-month policy runs $2,284, making it the second most expensive car to insure.
Among the most affordable insurers, Alliance offers the lowest rate at $1,054 per six months. Many R8 owners opt for high liability limits and additional coverage, such as comprehensive, collision, and towing benefits, to ensure complete protection for their high-performance sports car.
3. BMW i8: Hybrid Performance with Pricey Insurance
The BMW i8 is both a sports car and a hybrid, factors that contribute to its high insurance premiums. It costs an average of $364 per month to insure, with Nationwide offering the lowest rate at $203 per month.
Other competitive insurers include Farmers and Erie. A significant portion of BMW i8 owners choose to enhance their policies with high liability limits, comprehensive and collision coverage, and additional benefits such as towing and rental car reimbursement for full protection.
4. Mercedes-AMG GT: Premium Insurance Costs for a Premium Car
The Mercedes-AMG GT is a luxury sports car with an average six-month insurance cost of $2,065. Nationwide provides the most budget-friendly coverage at $1,007 per six months, with Farmers and Country Financial offering additional competitive rates.
Most Mercedes-AMG GT owners select moderate to high liability limits, along with comprehensive and collision coverage, to safeguard their investment. The cost of insurance reflects the high value and performance capabilities of this sought-after luxury vehicle.
5. Nissan GT-R: A High-Performance Car with Midrange Insurance Costs
The Nissan GT-R, which costs nearly $114,000, has a relatively moderate insurance expense compared to its price. The average six-month premium is $2,032, with State Farm offering the lowest rate at $661.
Other affordable insurers include Nationwide and Erie. Approximately 33% of Nissan GT-R owners choose moderate liability limits along with comprehensive and collision coverage. Additional protections such as towing and rental car benefits are common choices among those insuring this high-performance sports car.
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6. Maserati Ghibli: Luxury at a Lower Cost
The Maserati Ghibli, with an MSRP of $72,190, has one of the lowest prices among the vehicles listed but still commands high insurance costs at $2,009 per six-month policy. Auto-Owners offers the most affordable coverage at $895, while Nationwide and Erie provide slightly higher but competitive rates.
As with other luxury vehicles, many Ghibli owners opt for comprehensive and collision insurance, along with higher liability limits, to ensure full protection for their premium sedans.
7. Mercedes-Benz S-Class: The Most Expensive Car to Own
The Mercedes-Benz S-Class has the highest MSRP on the list at over $173,000, with insurance costs averaging $1,871 per six months. Auto-Owners provides the lowest coverage at $910, followed by Nationwide and State Farm.
Surprisingly, about 31% of owners opt for only state-minimum coverage. However, experts recommend comprehensive and collision insurance, along with medical payment and GAP insurance, to provide sufficient financial protection for this luxury vehicle.
8. Porsche 911: A Performance Car with Costly Insurance
The Porsche 911, a high-performance sports car, costs nearly $100,000 and has an average six-month insurance premium of $1,867. Nationwide offers the best deal at $748, while Auto-Owners and Travelers provide other affordable options.
Around 40% of Porsche 911 owners wisely choose high liability limits in addition to comprehensive and collision coverage. They also often opt for enhanced towing and rental car benefits to safeguard their investment in this luxury sports vehicle.
9. Tesla Model S: Electric Power with a High Insurance Cost
The Tesla Model S, an all-electric luxury sedan, has the ninth-highest insurance cost on the list, averaging $1,810 per six months. Nationwide, American Family, and Erie offer the most affordable insurance options, with rates ranging from $818 to $986.
About 41% of Tesla Model S owners choose high liability limits and additional comprehensive coverage. Many also add towing and rental car benefits, along with higher medical payment protection, to secure their high-tech electric vehicle.
10. BMW 7-Series: A Luxury Sedan with Expensive Premiums
The BMW 7-Series rounds out the list with an average six-month insurance cost of $1,761. American Family provides the most affordable policy at $891, while Nationwide and Mercury offer slightly higher but still reasonable rates.
Around 30% of 7-Series owners opt for minimum liability coverage combined with comprehensive and collision insurance. Experts recommend increased liability limits and additional medical payment protection for luxury vehicle owners to ensure adequate financial security.
Owning a luxury or high-performance vehicle comes with substantial insurance costs. The Maserati Quattroporte leads as the most expensive car to insure, followed by the Audi R8 and BMW i8. While insurance premiums vary, choosing the right provider and policy can significantly reduce expenses.
Most luxury car owners prefer higher liability limits, comprehensive and collision coverage, and additional benefits to protect their vehicles. Finding the right balance between coverage and cost is essential when insuring high-value automobiles.
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