Ferrari Portofino Car Insurance Cost

Insuring a Ferrari Portofino usually costs around $813 annually with State Farm. However, the exact price may vary depending on factors such as your age, the model year of the car, and other factors. You can refer to the quote tables below to get a personalized estimate of the cost for you.

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Updated: 02 June 2024
Written by Bob Phillips
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If you’re considering buying a Ferrari Portofino, it’s vital to consider the cost of insurance. Insurance is a significant aspect of car ownership, and understanding its financial implications is important before making a decision.

Selecting the appropriate car insurance is essential to prevent unexpected and potentially costly surprises in the future. It’s crucial to have adequate coverage in the event of an accident to avoid substantial out-of-pocket expenses. Additionally, being at fault in an accident could lead to higher insurance premiums.

Based on over ten years of experience analyzing car insurance rates, I’ve noticed how much these costs can vary. Factors such as your age, driving history, and location all play significant roles in determining your insurance premiums.

How Much Does Ferrari Portofino Car Insurance Cost?

On average, State Farm offers the most favorable option, with full coverage insurance for a 2022 Ferrari Portofino costing approximately $813 per year.

While State Farm’s rate provides a useful starting point, it’s important to understand that car insurance costs can vary significantly due to various factors. These factors include your location, driving history, car age, and the specific coverage options you choose. A clean driving record often results in lower premiums, but a history of accidents or traffic violations can increase rates.

Additionally, living in a busy urban area usually leads to higher insurance rates compared to quieter rural areas. The type of coverage you select also impacts your premium – comprehensive coverage, which includes both comprehensive and collision coverage, tends to be more expensive than basic liability coverage.

At Insuranceopedia, we’re here to help you shop around and compare quotes from different insurance providers to ensure you find the most favorable deal for your needs.

2022 Ferrari Portofino Insurance Rates

Insurance Provider Average Annual Cost
State Farm $813
Unigard $1,426
Farm Bureau Mutual (IA Group) $1,578
American Family $1,845
Permanent General $2,016
Home State Ins Group $2,315
Mercury $2,336
Farmers $2,961
Metropolitan $3,226
Direct General Insurance $4,187

2021 Ferrari Portofino Insurance Rates

Insurance Provider Average Annual Cost
Allstate $2,180
Mercury $2,255
Metropolitan $4,149

2020 Ferrari Portofino Insurance Rates

Insurance Provider Average Annual Cost
Mercury $2,417
21st Century $2,602
Metropolitan $2,803
Unitrin $3,311
Direct General Insurance $3,354

2019 Ferrari Portofino Insurance Rates

Insurance Provider Average Annual Cost
State Farm $1,642
Unitrin $1,838
Metropolitan $2,023
Nationwide $2,488
Mercury $2,727
Direct General Insurance $3,400
Home State Ins Group $8,186
Safe Auto $17,667


Who has the cheapest car insurance for a Ferrari Portofino?

In 2022, State Farm provides the cheapest car insurance rates for the Ferrari Portofino.

Which company offers the best car insurance for a Ferrari Portofino?

Taking into account their competitive pricing, extensive coverage, and top-notch customer service ratings, we believe State Farm offers the optimal car insurance choice for a Ferrari Portofino.

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