Just saying the name Maserati conjures images of super-fast, exotic Italian sports cars and ultimate luxury sedans. Purchasing a Maserati is an extremely sizable investment, so you’ll want to know how and where to insure your vehicle properly.
Aside from the eye-popping purchase price of a Maserati, car insurance for a Maserati is itself an investment. For example, you could pay up to $8,000 per year for car insurance for a new Maserati MC20 with a $215,995 purchase price.
Our guide to Maserati insurance provides information on how to get insurance and how much it might cost. In most cases, you’ll need to get coverage from an insurance company that specializes in coverage for exotic or collector cars.
You can get more information about Maserati insurance from an independent insurance agent who specializes in finding coverage for rare luxury vehicles.
In This Article:
How Much Does a Maserati Cost to Insure by Model?
Are Maseratis Expensive to Insure?
Why Do Insurance Costs Differ Between Maserati Models?
Where Can I Get Maserati Insurance?
How Can an Independent Insurance Agent Help You Get Maserati Insurance?
How Much Does a Maserati Cost to Insure by Model?
Our research found that the average cost to insure a Maserati is $5,637 per year for a 40-year-old good driver with full coverage and good credit. Keep in mind that the national average for car insurance is $1,759 per year.
The cost to insure a Maserati can vary depending on the model and its unique features. But you’ll find that no matter what model or model year Maserati you drive, your insurance costs will be quite high. What’s more, you may need to look to a specialty insurer to cover your Maserati.
We’ve looked into the cost to insure several Maserati models and model years and found the following:
| Maserati Model | Average Cost of Car Insurance Per Year |
|---|---|
| Maserati Ghibli | $6,719 |
| Maserati GranTurismo | $5,406 |
| Maserati Levante | $6,148 |
| Maserati Quattroporte | $5,205 |
An independent insurance agent near you can help you find Maserati insurance for whatever model you invest in.
Are Maseratis Expensive to Insure?
Maseratis are very expensive to insure. Here are some reasons why:
- Vehicle value: Maseratis are not cheap to purchase, with ticket prices well over $100,000 in some cases. The high value of Maserati vehicles is reflected in high insurance costs. If your Maserati were damaged or totaled, your insurance company expects to make a significant payout.
- Repair costs: Maseratis are expensive to manufacture and repair, with specialized, costly parts often having to be shipped from overseas. Any vehicle with expensive parts will cost more to insure.
Besides the costs related to replacing or fixing a Maserati, the personal characteristics of the owner also play a role in Maserati insurance costs. Your driving record, past claim history, age, gender, marital status, annual mileage, and other aspects of your driver profile can all contribute to higher (or lower) insurance costs, depending on how much risk you are perceived to have.
Why Do Insurance Costs Differ Between Maserati Models?
We found that, for Maserati, the vehicle's value had the greatest impact on insurance costs. The most expensive models cost the most to insure among the Maserati models we reviewed. Car insurance costs differ by model depending on several factors.
Where Can I Get Maserati Car Insurance?
Here are some highly-rated standard insurance companies that offer Maserati Insurance:
- Travelers
- Progressive
- USAA
You may need to buy special exotic car insurance for your Maserati. These carriers offer special coverage for high-value, exotic, or collector cars and may even offer better rates than standard insurance companies when it comes to Maserati insurance. Here are some top-rated companies that offer exotic car insurance:
- Chubb
- Hagerty Insurance Company
- PURE Insurance Company
- Erie Insurance
An independent insurance agent in your area can help you find the best insurance company for your Maserati.
FAQs About Maserati Insurance
Is car insurance for a Maserati expensive?
Yes, Maserati insurance is expensive. Our research shows that Maserati insurance is around $5,637 per year, on average. Your Maserati insurance costs will be above or below the average for the brand, depending on the model, model year, and your driving profile.
Why are Maseratis so expensive to insure?
Maseratis are expensive to insure mainly because of their high value and high cost to repair or replace. Maserati models are also very powerful and fast, increasing the risk of accidents.
Where can I get Maserati insurance?
You can get Maserati insurance from some standard insurance companies and some specialty carriers that cover luxury, exotic, or collector cars. An independent insurance agent can help you find the best carrier for your needs.
How Can an Independent Insurance Agent Help You Get Maserati Car Insurance?
You can get Maserati insurance by working with an independent insurance agent in your area. Independent agents can help you shop around and compare quotes from companies that specialize in insuring luxury cars.
With access to numerous insurance companies nationwide, an independent agent can ensure that you get the coverage you need for your Maserati.
Sources
https://www.thezebra.com/auto-insurance/how-to-shop/average-auto-insurance/
https://www.valuepenguin.com/auto-insurance/luxury-car-insurance
https://caredge.com/maserati/insurance