Top 10 Most Expensive Cars to Insure

Owning your dream car isn’t just all about making the payments. The cost of insuring some of the world’s most extravagant sports cars could punch another hole in your wallet each month.

A study conducted by Insure.com that calculated averages from six large insurance carriers (Allstate, Geico, Farmers, Nationwide, Progressive and State Farm) to determine the most expensive cars to insure. Unfortunately, data wasn’t available for some of the more high-end exotics, such as Ferraris and Lamborghinis, which is why they’re noticeably missing from this list.

The averages for the yearly premiums are based on full coverage for a 40-year-old male with a clean driving record and good credit while commuting 12 miles to work daily. The rates are based on $100,000 injury liability for one person, $300,000 for all injuries and $50,000 for property damage with a $500 deductible on collision and comprehensive coverage.

Starting off the top 10 list of most expensive cars to insure is the Jaguar XK, a stylish luxury coupe powered by a naturally-aspirated 5.0-liter V8 engine. Providing 385 hp and 380 lb-ft of torque, the XK is priced from $84,500 including destination and gets 16 MPG in the city and 24 MPG on the highway. As Jaguar likes to call it, the XK is a “grand tourer with the heart and soul of a sports car.” Just keep in mind that it could run you $2,610 annually to insure.

Build and price your Jaguar XK

Next up is the XK’s more powerful stablemate, the XKR-S boasting a 5.0-liter V8 supercharged powerplant providing 510 hp and 461 lb-ft of torque. Priced from $132,000, the XKR-S can accelerate to 60 mph from a standstill in 4.2 seconds with a top speed of 186 mph. It is estimated that the average cost to insure the XKR-S for a year is $2,854. Combine that with the fact that it gets 15 MPG in the city and 22 MPG on the highway, you may want to budget appropriately.

Build and price your Jaguar XKR-S

Going long for luxury has its price, with the Audi A8 L W12 Quattro costing $2,869 to insure for a year. The 6.3-liter W12 powerplant provides 500 hp and 463 lb-ft of torque with a starting price tag of $136,795. The luxurious long-wheelbase sedan gets 13 MPG in the city and 21 MPG on the highway with all-wheel-drive performance to boot.

Build and price your Audi A8L

One of the fastest SUVs available, the Mercedes-Benz G63 AMG is powered by a 5.5-liter V8 Biturbo engine providing 536 hp and 560 lb-ft of torque. Starting from $136,625 it’s almost no surprise that the G63 AMG costs $2,887 annually to insure. All that performance comes at a price though, as the G63 AMG is gets an EPA-estimated 12 MPG city, 14 MPG highway rating.

Build and Price Your Mercedes G63 AMG

One of the finest sports cars available in today’s market is the Audi R8 Spyder, and when equipped with the 5.2-liter V10 powerplant, it’ll run you $2,917 to keep it insured every year. The engine is good for 525 hp and 391 lb-ft of torque while delivering 12 MPG in the city and 19 MPG on the highway. We’ll doubt you’ll even pay attention to its fuel efficiency though, as you enjoy the drop-top performance the R8 Spyder has to offer.

Build and price your Audi R8 Spyder

Porsche’s turbocharged sedan offering is one fine automobile, with its 4.8-liter turbocharged V8 engine churning out 570 hp and 553 lb-ft of torque. Those looking for a bit more performance can obtain 590 lb-ft of torque in overboost mode for a short period of time. The Porsche Panamera Turbo S has a starting price of $181,295 and gets a respectable 15 MPG in the city and 24 MPG on the highway, especially considering its performance figures. As for insuring it every year? Prepare to pay around $2,970.

Build and price your Porsche Panamera Turbo S

The Mercedes-Benz SLS AMG GT isn’t long for this world, so if you’ve had your eye on it, you better grab it quickly. Priced from $202,425, the SLS AMG GT is our most expensive car on the list, but despite that it’s not the most expensive to insure at $2,986 a year. Under the hood lurks a 6.2L V8 powerplant with 583 hp and 479 lb-ft of torque. Enjoying all that performance in a compact, sporty body means you’ll get 13 MPG in the city and 19 MPG on the highway.

Build and Price Your Mercedes SLS AMG GT

When it comes to luxury sports coupes, the Mercedes-Benz CL550 4MATIC is one of the finest available in today’s market. That is, until the new S-Class coupe hits dealerships and replaces the outgoing CL-Class. Regardless, today’s model will run you $3,065 a year to insure but you’ll get to enjoy a 4.6-liter V8 Biturbo engine with 429 hp and 516 lb-ft of torque. Gas mileage isn’t too shaby either at 15 MPG city, 24 MPG highway. It’s also one of the more affordable cars on the list, starting at $117,525.

Build and Price Your Mercedes CL550 4MATIC

The BMW M6 might be considered the ultimate driving machine by some, with its 4.4-liter turbocharged V8 engine churning out 560 hp and 500 lb-ft of torque. The attractive sports coupe has a starting price of $112,125 but it’s also the second-most expensive car to insure on our list at $3,065 a year. Attractive bumper to bumper, the M6 is rated at 15 MPG city and 22 MPG highway.

Build and Price Your BMW M6

Finally, Nissan’s venerable GT-R Track Edition is the most expensive car to insure at $3,169 per year. Of course, the track-ready GT-R features the automaker’s 3.8-liter twin-turbo V6 engine with 545 hp and 463 lb-ft of torque, but what separates it from the standard model is specially tuned suspension, special brake cooling guides, front spoiler with carbon fiber air ducts and lightweight quilted cloth mat where the rear seats use to reside. Off the track, expect to get around 16 MPG in the city and 23 MPG on the highway. The GT-R Track Edition is limited to just 150 units in the U.S. and can be yours for $116,710.

Build and price your Nissan GT-R