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Lotus Evora car insurance rates

Modest insurance rates for this flashy sports car might surprise you.

Updated

Fact checked
Lotus Evora 2020 red car

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According to our research, the average cost to insure the Lotus Evora is around $144 a month — or $1,728 a year. This rate can wildly fluctuate though, depending on your age, driving history, coverage options and discounts you qualify for.

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

Compare insurance for your Lotus Evora

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.
Allstate
13%
All 50 states
Your dedicated agent can help you find the best savings with multiple discounts and rewards programs.
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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Why is insurance so expensive for the Lotus Evora?

The Lotus Evora costs more to insure because it’s 400 horsepower engine means high power and high-risk to insurance companies. Also, if you have a manual you could be adding to that high-risk factor with higher top speeds coupled with a high cost of repair if you’re in an accident.

How to compare insurance for the Lotus Evora

Consider these factors when shopping for insurance for your Lotus Evora.

  • Price. According to online reviews, shopping around for a better price on the Lotus Evora could save you some serious cash, even if you’ve been with your current insurer for years.
  • Deductible. If you want to drive down the cost of insurance, you could take a higher deductible. Just make sure you have that cash on hand in case you’re in an accident.
  • Coverage. Your policy should cover at least your state’s minimum insurance requirements, but you may want to compare pricing for enhanced options like comprehensive and collision coverage, too.
  • Restrictions. While most big-name national insurance brands cover the Evora, some won’t, so you might have to shop around before finding the right fit for you.

What factors affect car insurance for the Lotus Evora?

As a luxury sports car boasting 400 horsepower and sticker prices starting at $89,900, the Lotus Evora can be costlier than your average sedan to insure. Your rates could also be affected by the Evora model you have and whether or not yours is automatic or manual, since there’s a difference in price and top speeds.

Premiums for your Lotus Evora are also be affected by how much you drive it each year. If you only take your luxury car out for a spin every few months and aren’t using it as your daily driver, your rate likely be much lower.

Driver factors and insurance costs

Aside from the make and model of your car, driver factors like your age, gender, location, marital status, credit score and driving record also play a role in determining your premium. And if you have drivers under the age of 25 who are be on your policy, your premiums could skyrocket.

Does the Lotus Evora qualify for discounts?

Yes, the Lotus Evora comes standard with safety features that could qualify you for a discount.

  • Airbags
  • Antilock brakes
  • Stability control
  • Antitheft ignition disable device
  • Side-impact beams
  • Rear parking sensors
  • Pretensioners

Reliability and safety ratings for the Lotus Evora

The Lotus Evora is not officially rated for safety or reliability. However, because the Evora uses a Toyota Camry engine, reviews for this vehicle give it two thumbs up for reliability.

The Evora also tends to hold its market value better than most other sports cars out there. So if you’re thinking about buying a used Evora, you could snap up a bargain and still get a decent insurance rate.

Compare Lotus Evora competitors

Looking for other car brands? Compare makes and models that are similar to the Lotus Evora.

Bottom line

If you want a fast, flashy sports car that won’t break the bank to insure, the Lotus Evora could be it. Plus, with a Toyota engine, finding parts should be a breeze if it ever needs repaired.

Compare insurance rates from multiple providers to find the best value on coverage that makes sense for your budget and needs.

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Frequently asked questions about the Lotus Evora

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