What car is most expensive to insure?

The Maserati Quattroporte is typically cited as the most expensive car to insure.

This luxury sedan often incurs insurance costs exceeding $2,500 per six-month policy period, making it a top contender for the vehicle with the highest auto insurance premiums based on 2021 data. Its high cost of repair, rare parts, and performance capabilities contribute significantly to these elevated rates.

Factors Influencing High Insurance Costs

Insurance premiums for luxury and high-performance vehicles are determined by several key factors:

• Vehicle Value and Repair Costs: Expensive cars naturally have higher repair and replacement costs, which directly impacts insurance claim payouts. Parts are often specialized and costly.
• Performance Capabilities: Vehicles with powerful engines and high speeds are statistically more prone to accidents, leading to higher liability and collision claims.
• Theft Rates: Luxury and exotic cars are often targets for theft, increasing the risk for insurers.
• Safety Features: While modern luxury cars have advanced safety features, the complexity and cost of repairing these systems after an incident can drive up premiums.

Other High-Cost Insurance Vehicles

While the Maserati Quattroporte leads in insurance expenses, several other high-end and performance-oriented vehicles also rank among the most expensive to insure. These cars share similar characteristics that contribute to their high premiums.

These vehicles, with their blend of high performance, luxury appeal, and advanced technology, consistently sit at the top of lists for the most expensive cars to cover with auto insurance.