Most Expensive Cars to Insure

On average, car insurance costs $2,880 per year for a full coverage policy, as of June 2025. But, depending on the type of car you drive, you could end up paying significantly more. Car insurance companies weigh a variety of car-specific factors, like the cost of replacement parts, how much damage the car causes in an accident and how likely it is to be stolen, when setting your rate. If you’re in the market for a new or new-to-you vehicle, getting familiar with average insurance costs for different models can help you make a more informed car-buying decision. Bankrate analyzed average car insurance rates to bring you a list of the most expensive cars to insure.

What are the most expensive vehicles to insure? 

Owning a high-value vehicle may mean paying the highest insurance rates, depending on your personal history, the insurance carrier and the make and model you drive. We found these 10 makes and models are among the most expensive cars to insure based on our sample driver profile.

Insuring high-value vehicles

When you see how high insurance is for some models, it can be tempting to cut coverage in exchange for a cheaper policy. However, this could make you spend more out-of-pocket if you experience a loss. If you just have a minimum coverage policy, you won’t be able to file a claim if your car is stolen or if it’s damaged in a storm. In those cases, you’d need to pay to repair or replace your vehicle all on your own. Although paying a high car insurance premium can be a bitter pill, it could help save you from a larger financial loss later on.

Why do high-value vehicles cost more to insure?

It’s tempting to see high insurance premiums as a reflection of a high sticker price — but it isn’t that simple. Some cars are expensive to insure not just because they cost a lot outright, but due to other factors like:

• Cost of replacement parts: Vehicles with expensive, hard-to-source replacement parts will likely cost more to insure. This is especially the case for car brands slated to get hit with import tariffs.
• Theft: A flashy car could be more likely to get targeted for theft.
• Safety features: High-end cars usually come equipped with a suite of safety features While they’re designed to lower the chance of an accident, they can lead to higher repair costs after an accident.
• Driving behavior: Sports cars can be seen as high-risk vehicles to your insurance company, as their powerful engines and athletic handling could encourage more reckless driving behavior.
• Damage after an accident: Some larger cars, even economy models, can cause more damage in an accident. Broadly speaking, the more expensive a potential insurance claim is, the higher your premium will be.

Keep in mind that the kind of car you drive isn’t the only thing your insurance company uses to price your policy. Factors unique to you, like your driving record, credit history and coverage needs all play important roles in what you pay for your car insurance premium.

Choosing the right coverage for high-value vehicles

Your car insurance policy is more than just another bill you have to pay each month. When you build out your coverage, it can do a lot to help protect your hard-earned money against a wider variety of losses. For broader coverage, consider these add-ons:

Learn more: How much car insurance do I need?

Saving money on high-value vehicle insurance

Even if you buy an expensive car, you can still find ways to save on car insurance. Here are some things to consider when trying to save money on auto insurance rates:

• Bundle policies: If you own a home or rent, consider bundling your home insurance with your car insurance. Often, the multi-policy discount is one of the highest percentage discounts, which may offset the rate on an expensive car.
• Higher deductibles: By choosing the highest deductible you can afford to pay out of pocket, you may save money on your monthly or annual car insurance premium.
• Maintain a clean driving record: By avoiding at-fault accidents and tickets, you may save on the cost of car insurance plus be eligible for other discounts and benefits like a good driving discount and accident forgiveness.
• Shop around: One of the best ways to save is to compare quotes from several companies for the same coverage.
• Work with a licensed agent: A licensed insurance agent can help you balance both your coverage and budget needs.

Frequently asked questions

• Does it cost more to insure an older car?
  

  While an older car may not have as many safety features as a newer car, it may be cheaper to insure. Some drivers may only need liability only, so they can save on insurance by not taking full coverage. However, the rate you pay for car insurance will also depend on other factors, including where you live and your personal driving characteristics. Some older cars, like classic or vintage models, will need to be insured on an agreed-value basis, which could cost more.

• What makes a car more expensive to insure?
  

  The cost of claims is a significant factor in the cost of car insurance. Owning a foreign brand may cause you to pay higher car insurance if parts are not readily available in your area. The more it costs to repair a car — including having to source parts — the more expensive car insurance may be.

• How much should I be paying for car insurance?
  

  The national average cost of car insurance is $2,880 for full coverage, as of June 2024. Your rate is determined by where you live, your driving history, the make and model of your car and the coverage you choose. Getting multiple quotes can help you find the best rate for car insurance based on your specific situation.

• Which car brands are the most expensive to insure?
  

  Audis tend to have higher average car insurance costs, as do Teslas and BMWs.

Methodology

Bankrate utilizes Quadrant Information Services to analyze June 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a single, 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $50,000 property damage liability per accident
• $100,000 uninsured motorist bodily injury per person
• $300,000 uninsured motorist bodily injury per accident
• $500 collision deductible
• $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2023 Toyota Camry, commute five days a week and drive 12,000 miles annually. Bundling and paperless billing discounts are applied.

These are sample rates and should only be used for comparative purposes. Your quotes will differ.

If otherwise specified, the base profile has been modified with the following driver characteristics:

• Credit-based insurance scores:
  

  Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit or limit the use of credit as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan.

• Incidents:
  

  Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.

• Mileage:
  

  Rates were calculated by evaluating our base profile with the following differences in mileage: 2K, 5K, 12K (base), 15K and 20K.

• Model:
  

  Unless otherwise stated, rates are for 2023 vehicle models. For new vs used vehicles, we included the following year in our calculations: 2013.

• Age:
  

  Rates were calculated by evaluating our base profile with the ages 18-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations. For teen drivers, rates were determined by adding a 16- or 17-year-old teen to their 40-year-old married parents’ policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy.

• Gender:
  

  The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.

• Status:
  

  Rates were evaluated based on the following marital/family status: single (base), married, 40-year-old married man and woman. Marital status is not a rating factor in Hawaii and Massachusetts.