As a driver, car insurance is an expense you will have for the rest of your life. While full coverage auto insurance can take a fair chunk of your budget, it is ultimately worth it. The national average is $1,483 per year (amounting to $124 a month), and you can ill afford not to have it when push comes to shove.

However, some cars are far more expensive than others to insure. The most expensive cars to insure may not be what you expect, but once you understand the factors that make a car expensive to insure, it will be easier to understand.

Here is what makes a car expensive to insure.


One of the factors that makes a car expensive to insure is how much you use it. After all, the more often your car is on the road, the more chance there is of a collision. It is for this reason that many expensive classic cars are actually quite cheap to insure. Collectors of classic cars do not drive them often.

Expensive cars which promise great performance and which are used by driving enthusiasts, on the other hand, are expensive to insure.

Driver Profile

While insurance providers always take the driver profile into consideration, no matter what the car, certain cars are presumed to have certain types of drivers. Classic cars are not just driven less, but their drivers are very careful as well. They also tend to be older and less reckless.

Sports cars, on the other hand, are driven by people who love the high performance and speed. They are often driven by young people who are more reckless and have more of a sense of invincibility.

Cost of Repairs

Cars that cost more to repair are also more expensive to insure. After all, if a payout is necessary, it will probably come at a high price. More expensive cars are not necessarily more expensive to repair. Rather, cars that require imported parts or specialist mechanics are most expensive to repair.

It is for this reason that electric cars are expensive to insure. There are fewer mechanics with expertise in electric cars, and parts are expensive.

Targeted by Thieves

Cars are also more expensive to insure if they are commonly targeted by thieves. If you’ve ever driven certain low-end Toyotas, you know that it is not the price of a car that makes it a target. Rather, it is factors such as the ease with which parts can be sold, the likelihood of getting caught, and the ability to get past security measures.

In other words, certain expensive cars are not attractive to thieves. These cars draw eyes to them, making them easy to recover. They are also only valuable to the small percentage of people who buy expensive cars. Selling their parts is much more difficult, as they cannot be used in most cars.

The Most Expensive Cars To Insure

With all of this in mind, it will be easier to understand why some cars are more expensive to insure than others. These are the most expensive cars to insure in 2022:

1. Maserati Quattroporte: $5024 a year

The Maserati Quattroporte is a luxury sedan that fits all of the above factors. While it is a luxury car, it is also great to drive. Buyers of Maseratis generally desire great performance and speed. These cars are also expensive to repair and are more attractive to thieves than expensive classic cars.

2. Audi R8: $4568 a year

The Audi R8 is an extremely costly vehicle made by one of the most popular car manufacturers. It also promises ‘unlimited fun at the wheel’ – a phrase that triggers the alarm bells of every insurer.

3. BMW i8: $4372 a year

The BMW i8 is a sports car that is also a hybrid. In other words, it is an expensive car that enthusiastic drivers buy, with high repair costs.

4. Mercedes-AMG GT: $4130 a year

This Mercedes is a luxury sports car, providing high performance and comfort. It is the perfect car for people who love driving – both the speedy kind and the leisurely Sunday type.

5. Nissan GT-R: $4064 a year

The Nissan GT-R is a high-performance sports car that costs over $100,000. It perfectly fits the mold for expensive insurance.

Rounding off the Top 10

The following cars round off the top 10 most expensive cars to insure:

  1. Maserati Ghibli: $4018 a year
  2. Mercedes-Benz S-Class: $3742 a year
  3. Porsche 911: $3734 a year
  4. Tesla Model S: $3620 a year
  5. BMW 7-Series: $3522 a year

If you’re lucky enough to own any of the above ten cars, you will have to deal with high insurance costs. However, it is well worth it for a car that you’ll want to drive for as long as possible.