The most expensive cars to insure

May 11, 2012

People often assume that the only thing that is preventing them from owning their dream supercar is the high initial purchase costs. However this isn’t the only handicap that motorists would face, with the annual running costs often being equally as extortionate. This is more of an issue now than ever before in light of the price rises which have recently occurred in both the fuel and car insurance markets.


With average premiums differing by up to $1,600 depending on which state you live in, giving exact estimates of likely auto insurance premiums on these types of vehicle is notoriously difficult. Nevertheless, we take a look at five of the cars which were named as being amongst the most expensive to insure in the USA by and examine the reasons for this:


5. Aston Martin DB9

The DB9 is visual a stunning vehicle and helped to resurrect the fortunes of Aston Martin when it was launched in 2004. Overall vehicle performance is equally as impressive, being powered by a remarkable 5.9 litre V12 powerplant which propels to car from 0-100 km/h in just 4.8 seconds.


However, one of the cars biggest attractions is also its largest handicap when it comes to sourcing insurance. The high performance nature of the DB9 means that those driving it are statistically more likely to travel at unsafe velocities and lose control of the vehicle; particular in difficult driving conditions such as wet weather. This is reflected in the insurance premiums, with predicting that the average American motorist would be paying $3,120 per year to insure themselves on the DB9 which is over $2,000 more than what the average motorist would pay for insurance on a Toyota Sienna.


4. Mercedes Benz S65 AMG

Mercedes AMG is a subsidiary of the Mercedes Benz Company which produces cars with a higher performance specification which are based on their parent company existing range of models. In the case of the S65, the vehicle is fitted with a more powerful engine and its accompanying four exhaust pipe layout. Handling and cornering speeds have also been enhanced with the addition of larger brakes and wheels as well as a modified sports suspension.


Insurance companies are not stupid and are well aware that the AMG logos will mean higher performance, the result of which is higher insurance quotes than what would be offered to owners of Mercedes vehicles which have not been altered by AMG. predicted that the average motorist would pay $3,221 for insurance cover on this vehicle.


3. Mercedes Benz SL63 AMG

AMG have also got their hands on the SL-class Mercedes models, enhancing the power and performance of the SL63. However AMG equip the cars with additional features such as a new speed sensitive steering system; along with refinements to the interior.


All of this of course pushes up the overall value of the vehicle and makes it far more expensive for the insurer to repair or even replace if it is written off in an accident. This along with the before mention increased statistical likelihood of the car being crashed by the policy holder is a disastrous combination as far as insurance is concerned, with claiming that the average motorist would stand to spend $3,263 per year to insure themselves on this vehicle.


2. BMW 750i

BMW is all about luxury and this is very much in evidence with the 750i which comes with a whole host of additional features such as a satellite navigate system, voice command unit and a superb highly advanced audio system.


All of this combined with the larger 400bhp V8 engines which were fitted to these models will not be looked upon favourably by insurers, with the BMW 750i not only being statistically more likely to be crashed but also far more expensive to repair than a bog standard vehicle which is not equipped with all of this high-end technology. therefore reports that the average motorist could expect to be forced to pay $3,281 per year to get insurance cover on the 750i.


1. Mercedes Benz SL65 AMG

One of the standout features of the SL65 is the remarkable twin turbo V12 engine which produces 604bhp and accelerates from 0-100 km/h in 4.2 seconds. This is despite a whole host of additional features designed at both improving performance and driver comfort in the typical AMG manner.


All of this combined results in a selling price of close to $200,000 which is the kind of expense that most insurers could do without. This is reflected in the car insurance premiums on offer, with the average motorist standing to pay $3,544.



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  • Call Me What You Want Even Cheap May 11, 2012 at 12:41 pm

    Interesting post! I always think of the maintenance on high end cars. An oil change on a BMW or a Mercedes is more than an oil change on my Acura. Not to mention break jobs, tune ups etc. Those costs as well as insurance cost need to be considered when buying a high end car.

    • Marissa May 11, 2012 at 8:56 pm

      The odd thing is that cars such as BMW and Mercedes only need an oil change every 15-20k thus justifying their higher price tag.

      • Tri May 17, 2012 at 8:47 am

        I am completely done with flashy cars. I bought a G35 a couple years back it is so cumbersome looking over it. I always have to pump Premium, each tire costs about $250 to replace, the insurance is about $200 a month, and just about everything else is twice as expensive as my old Corrolla. As I get older, I have less of an appreciation for nice looking cars and more of an appreciation for nice looking houses :D.

  • Modest Money May 11, 2012 at 3:49 pm

    Ouch that is some hefty insurance. This is why a lot of people that win nice cars in sweepstakes end up just selling the car. For the average person, it is just too much money to spend on insurance. I wonder why the extra high end cars didn’t make this list…the ones like Bentley’s, Lamborghinis, Ferraris, etc. Perhaps the people with those cars take such good care of their cars that insurance claims are rather rare.

    • Marissa May 11, 2012 at 8:57 pm

      I know ppl who are for the money instead of the car just so they dont have to pay insurance.

  • Lance@MoneyLife&More May 11, 2012 at 6:02 pm

    I’m hoping if I can afford one of those the insurance shouldn’t be a problem.

    • Marissa May 11, 2012 at 8:57 pm

      Fair point.

  • femmefrugality May 12, 2012 at 3:27 am

    Holy moly! Good thing I don’t have the cash to be driving one of these in the first place! I don’t think I would even if I did. Too much money to pay for a status symbol.

    • Marissa May 12, 2012 at 7:00 am

      Some people like showing off.

  • Sunnie May 14, 2012 at 2:27 am

    Damn sexy Aston Martin DB9 🙂 🙂

    • Marissa September 24, 2013 at 2:03 pm

      That is a very sexy car!