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Written by Kayla Jane Barrie Updated on Mar 03, 2025 3 mins read

Blog Find Out The Most Expensive Cars To Insure

Some cars are more expensive to insure

When shopping around for a car, it’s important to know if your car will be expensive to insure before making a purchase decision. Insurance costs impact the overall cost of driving. We all know certain types of cars are more expensive to insure. As the price tag increases and the rarer, the car gets a more expensive car insurance quote.

Three key takeaways about the most expensive cars to insure

  • The most expensive cars to insure are luxury vehicles and sports cars.
  • Factors that can increase costs are imports, repair costs, and theft.
  • Comparing quotes regularly can help you keep down insurance costs.

What are the most expensive cars to insure?

Top 10 most expensive cars to insure

AutoGuide.com outlines the most expensive cars to insure :

  1. Mercedes AMG S65 Convertible
  2. Dodge Viper GTS
  3. Mercedes AMG S63 Convertible
  4. Maserati Quattroporte GTS
  5. Mercedes S550 Convertible
  6. Mercedes AMG C43 Convertible
  7. Mercedes Maybach S600
  8. Mercedes AMG SL65
  9. Nissan GT-R NISMO
  10. Audi R8 V10

What are the common characteristics of the most expensive cars to insure?

Based on the above list, it’s clear that there are commonalities among the cars that are more expensive to insure :

  • Sports cars and luxury vehicles
  • Horsepower and engine size
  • Convertibles
  • Foreign manufacturers

If you want to lower your costs, consider these factors when considering your next vehicle purchase.

Which factors make cars expensive to insure?

Silver sports car on display

Here are three key factors that typically make cars more expensive to insure :

  • Imports : It’s no secret that the most expensive vehicles to insure are imports, such as BMW, Audi, Mercedes-Benz, and Porsche. The sticker price will impact how expensive insurance is.
  • Repairs : The cost of parts and the complexity of fixing a vehicle are key reasons why imports and expensive cars cost more to insure.
  • Theft : Expensive cars are commonly targeted for theft. However, thieves also target vehicles that are easy to steal. Before purchasing a vehicle, check to see if it ranks on the list of most stolen vehicles.

Here are some savings tips if your car is expensive to insure

For some drivers, expensive coverage is not a deterrent. You want a specific car, even though it is more expensive to insure, in relative terms. But this doesn’t mean you still can’t save.

Even though your vehicle may be more expensive to insure than the average vehicle, you can still reduce insurance costs with these 45 tips to save on car insurance.

FAQs on why some cars are more expensive to insure

No. Plain and simple. This is one of the biggest insurance myths. The colour of your vehicle is not a factor when insurance companies determine premiums.

It depends - leased cars can cost more to insure depending on the type of coverage required by the company. Whether you choose to finance or lease, your rates can fluctuate depending on your record and the agreement.

Generally, 2-door cars are more expensive to insure than 4-door vehicles. This is the case for several reasons. Two-door cars are often sportier, faster, and more expensive. But not all 2-door cars are more expensive than 4-door cars. It depends on the make, model, and many other factors – an important reason to compare car insurance quotes.

In general, vehicles that are used for business tend to cost more to insure for a number of reasons – they are on the road more often, require additional commercial auto insurance and are associated with greater risk.

No, older vehicles generally tend to be less expensive to insure compared to newer models, as less coverage may be needed. It depends on many factors, such as the amount of insurance you purchase, the age of the vehicle, the safety of the vehicle, repair costs, and many other considerations. If it’s considered a classic car insurance, then it may be more expensive to insure.

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