Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Lotus Evora car insurance rates
Modest insurance rates for this flashy sports car might surprise you.
Compare car insurance quotes
Enter your ZIP code below and click Compare to see the cheapest rates in your area.
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.
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
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.
- Antilock brakes
- Stability control
- Antitheft ignition disable device
- Side-impact beams
- Rear parking sensors
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.
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.
Frequently asked questions about the Lotus Evora
More guides on Finder
Does a car loan affect your mortgage application?
Find out how to increase your borrowing power and get approved for a mortgage even if you have a car loan.
Lemonade car insurance review for 2021
Safe drivers and electric car owners could see cheap rates, but its claims process isn’t perfect.
How much does umbrella insurance cost?
Get a low-cost policy for liability expenses that exceed your car or home insurance coverage.
Best umbrella insurance
Receive extra liability coverage with an umbrella policy from these top insurers, though they may require you to have car insurance through them.
SFGI Direct Savings account review
SFGI Direct savings lets you earn 0.56% APY, but you can’t deposit checks.
How to open a savings account
Save for short- and long-term goals, plus build a nest egg for emergencies.
Your stimulus check could pay for a down payment on a car – is that a good idea?
With $1,400 or more coming to most Americans’ wallets, here’s how you can fund your car down payment and save money on your loan.
Guardian dental insurance review 2021
This insurer has four dental plans to choose from — compare costs and features now.
You can now pay for car insurance in Bitcoin – here’s how
You can pay for car insurance in Bitcoin, even if your insurer doesn’t accept it yet.
CIT Savings Connect account review
CIT Savings Connect combines aspects of a checking and savings account in one product.
Ask an Expert