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Ferrari insurance rates

Find the best insurance rates for your Ferrari

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    Average insurance cost of owning a Ferrari

    The average cost of insurance for your Ferrari will vary depending on multiple factors, including your location, your driving history, the model Ferrari you are purchasing and your age, among other factors.

    Our top pick: Progressive

    Discover coverage that’s broader than competitors, valuable discounts up to 30% off and perks like shrinking deductibles that reward no claims.

    • Broad coverage, including for custom car parts or ridesharing
    • Transparent pricing tools that help you buy within budget
    • Accident forgiveness on small claims or for staying claim-free
    • Stack a variety of discounts for multiple cars, autopay or homeownership

    Find your Ferrari model

    Get car insurance quotes for your Ferrari

    Name Product Roadside assistance New car protection Accident forgiveness Safe driver discount Available states
    Progressive
    Optional
    30%
    All 50 states
    Discover coverage that’s broader than competitors, valuable discounts up to 30% off and perks like shrinking deductibles that reward no claims.
    Clearcover
    Optional
    Yes
    AZ, CA, IL, LA, OH, TX, UT and WI
    Get instant online support and score a low rate thanks to online data that sets premiums automatically.
    The AARP Auto Insurance Program from The Hartford
    Optional
    Yes
    All 50 states & DC
    Drivers over age 50 can enjoy low rates and perks designed for mature drivers, plus freebies and AARP member perks like free replacement cost coverage.
    Car Insurance Finder
    Optional
    Optional
    Yes
    All 50 states
    Get your customized online car insurance quote from top brands near you. Answer 3 easy questions to see your top picks in seconds.
    Assurance
    Optional
    Yes
    All states except AK & HI
    This broker shines with over 600 positive customer reviews, more top ratings than any broker we've compared.
    Allstate
    13%
    All 50 states
    Your dedicated agent can help you find the best savings with multiple discounts and rewards programs.
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    Compare up to 4 providers

    How a vehicle from Ferrari affects the cost of insurance

    Insurance companies determine the insurance cost for a vehicle based on safety ratings, theft rates, replacement costs and overall damage susceptibility.

    Ferraris come with many safety features and aren’t commonly stolen, which helps with the cost of insurance. However, the brand’s reputation for speed and fast cars, plus the expensive price tag and costly repairs make this a pricey car to insure.

    Although Ferrari is part of the upper echelon of fine automobiles, many insurance providers will provide coverage for your new sports car. If you have trouble finding insurance, you may need to look into specialty insurers of exotic vehicles and sports cars. This type of coverage is sometimes called luxury auto insurance.

    Ferrari car insurance rates

    ModelMonthly insurance rateBase car Price
    488 GTB$783$245,400
    488 Spider$868$272,700
    812$1,188$335,275
    Berlinetta F12 & TDF$1,015$319,995
    California$648$202,723
    FF$935$295,000
    GTC4 Lusso$953$300,000

    Pros and cons of insuring a Ferrari

    Pros

    • Not commonly stolen
    • Great safety features

    Cons

    • Costly to purchase and costly to repair
    • Luxury sports car

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    About the Ferrari brand

    Ferrari was founded in Italy in 1939 by Enzo Ferrari. But the company didn’t manufacture its first car until 1947. Its legendary symbol was first used by an Italian WWI pilot. Once the war had ended, the pilot’s family allowed Ferrari to adopt the prancing horse symbol.

    Today, some of Ferrari’s most prestigious racing successes include 15 F1 World Drivers’ Championships and 226 victories in F1 Grand Prix.

    Are there any standout Ferrari models?

    The 812 Superfast is Ferrari’s most powerful and fastest car to date (with the exception of the rear-engined special limited-series 12 cylinders). This speedster boasts maximum power output of 800 cv at 8,500 rpm, maximum torque of 718 Nm at 7,000 rpm, and 0-100km/h in 2.9 seconds. It’s also the first Ferrari with electric power steering.

    What’s Ferrari Driver Academy?

    Ferrari’s driver academy was created in 2009 to groom promising young drivers. Some of the academy’s drivers include Callum Ilott, Jules Lucien André Bianchi and Guan Yu Zhou. The Ferrari Campus headquarters is located at the Fiorano Circuit (Ferrari’s private racetrack) in Modena, Italy.

    Ferrari car facts

    • Ferrari has garnered over 5,000 victories on the world’s tracks and roads.
    • Founder Enzo Ferrari won the Columbus Prize in 1965.
    • The iconic California Spider first appeared in 1957.

    Ferrari competitors

    Need help considering some other car manufacturers?

    Compare all car makes

    Bottom line

    Like the price of your Ferrari, the cost of insuring this car won’t be cheap either. So be sure to shop around to find the best car insurance for you.

    Frequently asked questions about Ferrari

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