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Ferrari insurance rates

Find the best insurance rates for your Ferrari

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Ferrari F8 Tributo

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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.

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.
Allstate
13%
All 50 states
Your dedicated agent can help you find the best savings with multiple discounts and rewards programs.
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.
EverQuote
EverQuote
Optional
Yes
All 50 states
Roll in a variety of car insurance quotes from top insurers despite a high-risk driving profile, and view possible discounts while you’re at it.
Esurance
40%
All states except AK, DE, HI, MT, NH, VT, WY
Take advantage of this online company's low base rates and mobile tools like app-based telematics and teen safe driver programs.
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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

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?

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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.

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Frequently asked questions about Ferrari

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