Compare and save on car insurance
Enter your ZIP code to see insurers near you.
Your information is secure.
Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
Compare and save on car insurance
Enter your ZIP code to see insurers near you.
Your information is secure.
The average insurance costs for a Ferrari 488 is $868 per month — $10,416 per year . Your actual cost could be more or less depending on your driving record, the number of miles you drive in a year and other factors.
The 488 Spider’s average insurance rate is $868 per month or $10,416 per year. That cost is nearly $9,000 above the national average of $1,426 per year. Compare that to the GTB’s average insurance rate, a slightly lower $783 per month, or $9,396 per year. However, the price is still nearly $8,000 above the annual national average.
Model | Monthly insurance rate | Base car Price |
---|---|---|
488 GTB | $783 | $245,400 |
488 Spider | $868 | $272,700 |
812 | $1,188 | $335,275 |
California T | $648 | $202,723 |
F12 Berlinetta & TDF | $1,015 | $319,995 |
FF | $935 | $295,000 |
GTC4 Lusso | $953 | $300,000 |
Enter your zip code to compare providers in your area.
Your information is secure
Both versions of the 488 come with high average insurance rates. You’ll find the 488 Spider a tad pricier, though, due to its convertible top. In addition, you may consider add-on coverages for wider protection, which will raise your insurance cost.
The Ferrari 488 GTB costs more to insure because it’s a sports car made for speed. It’s V8 engine power make it high-risk for accidents. Also, this luxury Italian vehicle has costly parts and repairs hiking up the price to insure.
This car comes with a variety of safety features that may qualify you for safety discounts on insurance:
This car can hold its own around the racetrack or on the road. Because of that, its insurance rates stay well above average. Other reasons it costs more to insure:
Both the GTB and Spider have had recalls in their first years on the market. After several rounds of making these cars, though, Ferrari has improved its production. Other than a few recalls, these cars have little safety and reliability data to work with.
The Ferrari 488 is a pricey car to insure, going thousands above the national insurance average. On the upside, you can choose the coupe version for a lower premium, and the car comes with discountable safety features.
Compare car insurance providers or look at costs for another make or model.
Compare top car insurance companies in Bakersfield, plus see why you need extra coverage here.
Shop for car insurance in Sacramento with the best coverage, rates, service and local reputation.
These top 4 companies should narrow down your car insurance options in San Diego.
See our 4 best picks for car insurance in Denver, plus a few more to consider.
Get recommendations for the top car insurance companies for you within minutes. But you won’t see your actual rate unless you go through the insurer’s quoting process.
Pay-per-mile car insurance can help you save money if you’re a low-mileage driver.
Access an intuitive app, wide coverage and few exclusions when Waffle’s car insurance drops in late July.
Find out which states have the most and the least deadly car accidents per vehicle miles driven.
Receive extra liability coverage with an umbrella policy from these top insurers, though they may require you to have car insurance through them.
See average EV insurance rates for 2021 based on Finder’s car model research, plus new models on the horizon.