How Much Does Lamborghini Car Insurance Cost?

Insurance for a Lamborghini is generally expensive. The average monthly cost can range from $540.58 to $1,216.70, translating to an annual cost of between $6,480 and $14,592.

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Updated: 03 May 2024
Written by Bob Phillips
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The substantial cost of insuring a Lamborghini arises from various factors. Your personal circumstances such as age, driving record, and location all play a prominent role in determining the insurance premium.

Insurance companies consider these factors to assess the risk level associated with insuring your Lamborghini. It’s worth noting that not all insurance companies offer coverage for high-end vehicles like Lamborghinis due to their high repair and replacement costs.

Are Lamborghinis More Expensive To Insure?

Lamborghini’s are indeed more expensive to insure than most other vehicles.

The high insurance costs of Lamborghinis are a direct reflection of their value. These high-performance cars are often priced upwards of $200,000, with some models even reaching into the millions. This significant investment translates to higher insurance premiums as insurers must consider the potential payout in the event of a claim.

The price tag alone places Lamborghinis in a different category to most other vehicles, thus making them more expensive to insure.

Furthermore, Lamborghinis are not just any ordinary vehicle – they are luxury supercars designed for speed and performance. This means they are fitted with high-end, specialized parts that can be costly to replace or repair.

In fact, a minor accident may necessitate expensive repairs due to the car’s unique design and the use of these specialized parts. The bodywork, for instance, is usually made from carbon fiber or similar materials, which are much more expensive to repair than the materials used in regular cars.

The risk factors associated with insuring Lamborghinis also contribute to their higher insurance costs. Due to their powerful engines and high speeds, Lamborghinis may be considered high-risk vehicles by insurance companies. High-speed accidents can cause more severe damage, leading to more expensive claims.

Additionally, owners of such prestigious cars usually opt for more comprehensive coverage to protect their investment fully. This often includes add-ons like agreed value coverage, where the insurer pays out an agreed-upon value in the event of a total loss, rather than the depreciated market value.

Owners may also choose to have coverage for original equipment manufacturer (OEM) parts, ensuring any necessary repairs are done using the same high-quality parts the car was originally built with. All these factors increase the cost of insuring a Lamborghini.

Insurance cost per Lamborghini model

Lamborghini Model Average Yearly Insurance Cost
Huracan $13,160
Aventador $14,289
Urus $7,210

Please note that these are just average figures, and the actual cost can vary based on a variety of factors including your location, age, driving history, and the level of coverage you choose.

Cheapest Lamborghini models to insure

Lamborghini Model Average Yearly Insurance Cost
Gallardo $5,424
Huracan EVO RWD Coupe $6,775

Lamborghini cost by driver age (annual rates)

Age Good Driver Recent Accident Poor Credit
17 $24,691 $36,256 $42,414
18 $23,010 $33,788 $39,527
19 $20,335 $29,860 $34,932
20 $17,731 $26,036 $30,458
21 $14,869 $21,834 $25,542
22 $14,481 $21,264 $24,876
23 $12,671 $18,606 $21,766
24 $12,038 $17,676 $20,678
25 $10,388 $15,254 $17,845
30 $8,092 $11,882 $13,901
35 $7,579 $11,129 $13,020
40 $7,290 $10,704 $12,522
45 $7,094 $10,416 $12,184
55 $6,505 $9,552 $11,174
65 $6,786 $9,964 $11,656

Lamborghini cost by company

Model Year Insurance Provider Monthly Premium
2021 Lamborghini Aventador Allstate
Geico $748.56
State Farm $1,269.03
Farmers $1,632.52
Average $1,216.70
2021 Lamborghini Huracan Allstate $827
Geico $579.28
State Farm
Farmers $1,648.32
Average $1,018.20
2021 Lamborghini Urus Allstate $641.00
Geico $471.57
State Farm $547.85
Farmers $501.90
Average $540.58

Lamborghini cost by state

State Good Driver Recent Accident Poor Credit
Alabama $7,724 $11,218 $14,278
Alaska $6,388 $8,856 $8,608
Arizona $7,222 $10,440 $15,382
Arkansas $7,918 $12,441 $13,698
California $8,816 $15,590 $8,816
Colorado $8,228 $11,514 $14,608
Connecticut $10,510 $16,302 $20,692
Delaware $8,702 $11,596 $14,895
Florida $10,361 $14,334 $18,678
Georgia $8,446 $12,630 $12,736
Hawaii $3,374 $4,580 $3,374
Idaho $5,862 $7,770 $9,448
Illinois $6,136 $9,274 $10,575
Indiana $6,304 $9,637 $10,814
Iowa $4,993 $6,847 $8,052
Kansas $6,642 $9,665 $11,304
Kentucky $9,602 $14,096 $16,646
Louisiana $12,327 $18,634 $20,204
Maine $4,661 $6,444 $9,513
Maryland $7,544 $10,978 $12,194
Massachusetts $6,049 $10,552 $6,049
Michigan $14,598 $22,246 $35,088
Minnesota $6,009 $8,012 $11,282
Mississippi $7,254 $10,347 $10,414
Missouri $6,835 $9,772 $12,838
Montana $6,950 $9,696 $11,286
Nebraska $5,874 $8,687 $9,438
Nevada $9,690 $14,372 $15,182
New Hampshire $6,740 $10,658 $13,474
New Jersey $7,426 $11,651 $15,246
New Mexico $7,584 $11,281 $11,710
New York $7,024 $8,845 $14,765
North Carolina $4,354 $7,481 $5,336
North Dakota $5,958 $9,056 $10,710
Ohio $5,313 $8,195 $8,402
Oklahoma $8,484 $12,148 $13,678
Oregon $7,720 $10,359 $12,373
Pennsylvania $6,503 $9,548 $11,172
Rhode Island $10,858 $15,927 $17,934
South Carolina $7,374 $10,219 $14,104
South Dakota $6,616 $9,532 $11,000
Tennessee $7,780 $11,454 $15,253
Texas $7,836 $11,320 $14,080
Utah $6,665 $9,340 $12,852
Vermont $5,131 $7,902 $8,352
Virginia $4,833 $7,421 $7,274
Washington $6,398 $8,684 $10,370
West Virginia $6,438 $9,220 $11,551
Wisconsin $6,418 $10,019 $11,428
Wyoming $5,992 $8,388 $8,932

Types of car insurance for Lamborghinis

Owning a Lamborghini is not just about the thrill of driving a high-performance vehicle; it’s also about protecting your valuable investment. Understanding the various types of car insurance coverage available is essential to ensuring your Lamborghini is adequately protected.

Liability Insurance

Liability Insurance is the most basic form of car insurance and is required by law in most states. It covers the costs associated with damage to other vehicles, property, or injuries to other people where you’re at fault. However, this does not cover any damage to your own Lamborghini.

Collision Insurance

Collision Insurance covers damage to your Lamborghini resulting from a collision, whether with another vehicle or a stationary object like a tree or guardrail. Given the high repair and replacement costs associated with a Lamborghini, this coverage is highly recommended.

Comprehensive Insurance

Comprehensive Insurance covers non-collision related damage to your Lamborghini. This includes things like theft, vandalism, natural disasters, fire, or damage from animals. For a luxury vehicle like a Lamborghini, comprehensive insurance is almost a necessity.

Uninsured/Underinsured Motorist Coverage

Uninsured/Underinsured Motorist Coverage protects you if you’re involved in an accident with a driver who does not have sufficient insurance coverage or any insurance at all. Given the high value of a Lamborghini, this coverage can provide significant financial protection.

Medical Payments/Personal Injury Protection

Medical Payments/Personal Injury Protection (PIP) pays for medical expenses for you and your passengers regardless of who is at fault in the accident. In some states, PIP also covers lost wages and other related expenses.

Luxury Car Insurance

Given the unique nature of Lamborghinis and other luxury vehicles, you might also consider specialized Luxury Car Insurance. These policies often provide higher coverage limits and additional services like agreed value coverage, choice of repair shop, and original replacement parts.

How to Save Money on Lamborghini Car Insurance

Owning a Lamborghini is a symbol of prestige and power. However, it comes with its fair share of expenses, one of the most significant being car insurance. But, even for a luxury car like a Lamborghini, there are ways to save on your car insurance. Here’s how:

1. Maintain a Clean Driving Record

Your driving record is a critical factor that insurance companies consider when determining your premium. By avoiding accidents and traffic violations, you demonstrate to insurers that you are a low-risk driver, which can significantly reduce your insurance costs.

2. Bundle Your Policies

Many insurance companies offer discounts if you bundle multiple insurance policies, such as your home and auto insurance. This not only simplifies your insurance management but also leads to savings on premiums.

3. Increase Your Deductible

By increasing your deductible – the amount you pay out of pocket before your insurance coverage kicks in – you can reduce your premium. However, ensure you can afford the higher deductible in case of an accident.

4. Install Safety Features

Lamborghinis come equipped with many advanced safety features. Additional safety installations like anti-theft devices can further reduce your insurance cost as they lower the risk of theft and damage.

5. Take Advantage of Discounts

Insurance companies often offer various discounts for things like being a good student, having a safe driving record, or completing a defensive driving course. Ask your insurer about any discounts you may be eligible for.

6. Shop Around

Premiums can vary widely between different insurance providers. Therefore, it’s crucial to shop around, compare quotes, and choose the provider that offers the best value for your needs.

7. Consider Usage-Based Insurance

If you don’t drive your Lamborghini regularly, consider usage-based insurance. This type of insurance calculates your premium based on how much you drive, potentially saving you money if your Lamborghini is not your daily driver.


Are Lamborghinis more expensive to insure?

Yes, Lamborghinis are indeed more expensive to insure. The high cost is due to the vehicle’s value, expensive repair costs, and the potential risk associated with high-performance cars.

How much is Lamborghini insurance per month?

The average monthly cost can range from $540.58 to $1,216.70, translating to an annual cost of between $6,480 and $14,592.

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