Cheapest Car Insurance for Sports Cars

State Farm and GEICO tie for the cheapest sports car insurance at $130 per month for full coverage. State Farm offers the lowest rates for popular models like the Nissan 350Z ($84 monthly), Subaru WRX ($97 monthly) and Ford Mustang GT ($109 monthly). GEICO leads for electric performance vehicles like the Porsche Taycan ($110 monthly) and the Subaru BRZ ($100 monthly).

Both insurers maintain strong financial stability ratings. State Farm's Drive Safe & Save and GEICO's DriveEasy telematics programs can reduce your premium by up to 30% if you avoid hard braking and late-night driving.

The Nissan 350Z costs just $84 monthly to insure, less than half the $193 you'll pay for a BMW i8. Your vehicle choice affects premiums as much as your driving record. A Ford Mustang GT at $109 monthly sits in the middle, costing $25 more than the 350Z but $84 less than the i8.

We analyzed quotes from seven major insurers across 16 popular sports car models to find the lowest rates for each vehicle.

GEICO offers the cheapest Porsche Taycan insurance at $110 monthly ($1,325 annually). That's $280 less than Farmers' $390 rate. The Taycan's electric powertrain and advanced safety features help keep premiums lower than gas-powered supercars despite its 3.5-second 0-60 time.

State Farm offers the cheapest Nissan 350Z insurance at $84 monthly ($1,004 annually), saving you $671 compared to Progressive's $1,675 annual rate. The 350Z's combination of affordable parts and lower theft rates compared to Mustangs and Camaros helps keep premiums reasonable.

State Farm offers the cheapest Ford Mustang EcoBoost insurance at $102 monthly ($1,221 annually), saving you $691 per year compared to Allstate's $1,912 annual rate. The turbocharged four-cylinder engine costs 10% to 15% less to insure than the V8 GT despite similar acceleration performance.

State Farm offers the cheapest Subaru WRX insurance at $97 monthly ($1,168 annually). That's $764 less than Farmers' $1,932 annual rate. The WRX's all-wheel-drive system and strong safety ratings help offset its performance car classification.

State Farm offers the cheapest Chevrolet Camaro LS insurance at $106 monthly ($1,268 annually). That's $38 less per month than Farmers' $144 rate. The base LS model with its V6 engine costs $47 less monthly than the high-performance ZL1 variant.

GEICO offers the cheapest Subaru BRZ insurance at $100 monthly ($1,204 annually). That's $75 less per month than Farmers' $175 rate. The BRZ's lightweight design and modest 228-horsepower output help keep premiums lower than more powerful sports cars.

State Farm offers the cheapest Chevrolet Camaro SS insurance at $108 monthly ($1,299 annually). That's $44 less per month than Progressive's $152 rate. The SS's 455-horsepower V8 adds just $2 monthly compared to the base LS model despite 165 more horsepower.

State Farm offers the cheapest Dodge Challenger R/T insurance at $116 monthly ($1,392 annually). That's $50 less per month than Farmers' $166 rate. The R/T's retro muscle car appeal comes with reasonable insurance costs, sitting $38 monthly below the supercharged Hellcat variant.

State Farm offers the cheapest Ford Mustang GT insurance at $109 monthly ($1,308 annually). That's $48 less per month than Progressive's $157 rate. The GT's 5.0-liter V8 adds just $7 monthly compared to the EcoBoost despite 210 more horsepower.

GEICO offers the cheapest Toyota 86 insurance at $109 monthly ($1,304 annually). That's $89 less per month than Farmers' $198 rate. The 86's excellent safety ratings and 228-horsepower flat-four engine help keep premiums competitive with non-sports cars.

Nationwide provides the most affordable full coverage car insurance for a Chevrolet Corvette, averaging $100 monthly. This rate is $89 less than Allstate, the most expensive option at $189 monthly. Nationwide excels in affordability, customer satisfaction and financial stability.

GEICO offers the cheapest Ford Mustang Mach-E insurance at $103 monthly ($1,236 annually). That's $72 less per month than Allstate's $175 rate. The Mach-E's electric powertrain and advanced safety features help it avoid the high premiums charged for gas-powered Mustangs.

GEICO offers the cheapest Chevrolet Camaro ZL1 insurance at $153 monthly ($1,838 annually), tied with State Farm and Travelers. The supercharged ZL1 costs $47 more monthly than the base LS model due to its 650-horsepower output and higher theft risk.

Nationwide offers the cheapest Dodge Challenger SRT Hellcat insurance at $154 monthly ($1,843 annually). That's $90 less per month than Progressive's $244 rate. The Hellcat's 717-horsepower supercharged V8 adds $38 monthly compared to the standard R/T model.

State Farm offers the cheapest Nissan GT-R insurance at $158 monthly ($1,898 annually). That's $141 less per month than Allstate's $299 rate. The GT-R's true supercar performance (2.9-second 0-60) surprisingly costs less to insure than the BMW i8 due to lower theft rates and mature buyer demographics.

Progressive offers the cheapest BMW i8 insurance at $193 monthly ($2,315 annually). That's $166 less per month than Farmers' $359 rate. The i8's exotic classification and expensive carbon-fiber repairs drive premiums higher than more powerful vehicles like the Corvette despite similar performance.

Want to know which sports cars deliver the best combination of thrills and reasonable insurance costs? Here's how acceleration performance relates to insurance premiums for popular models.

*Performance Value: Speed vs. Insurance Cost efficiency

Location affects sports car insurance costs due to state regulations and risk factors.

Insuring a sports car means balancing cost and coverage. Sports cars cost more because of their speed, repair costs and theft risk. This guide explains what to consider, including coverage options, discounts and how driving habits impact rates. Whether you drive daily or occasionally, the right policy provides solid protection at a fair price.

Sports car insurance costs more by nature, but strategic choices helps reduce your premiums without sacrificing the protection you need.

Note: Discount availability and amounts may vary by state and driver circumstances. Contact a local agent or visit the provider's official website for the most accurate information.

Exotic Supercars (Ferrari, Lamborghini, McLaren) and high-end luxury sports cars (Aston Martin, Bentley Continental GT) typically exceed standard insurer limits. Limited production vehicles like the Ford GT or any car with under 1,000 annual production units also require specialty policies.

Top specialty providers: 

• Hagerty covers modern exotics with agreed value policies.
• Grundy Insurance offers coverage with no total loss deductible.
• Chubb and AIG Private Client provide comprehensive high-net-worth packages.

Insurers classify sports cars by two-door configuration, high horsepower (300+ HP), performance-focused design, large engine displacement and sports-tuned suspension. VIN determines classification automatically; no negotiating is possible.

Sports car premiums are 40% to 60% higher due to measurable risks. At-fault accidents are 47% more likely, with 23% more speed-related incidents. Single-vehicle accidents and younger demographics increase risk profiles.

• Expensive repairs: Specialized parts cost two to three times more, labor expertise exceeds $150/hour, import delays extend repair times and advanced technology requires specialized diagnostics.
• Higher theft risk: Sports cars experience three times higher theft rates. Popular targets include Dodge Challenger, Chevrolet Camaro, Ford Mustang and Nissan GT-R models.

Sports car insurance costs more than standard vehicles, but you can find affordable coverage. State Farm and GEICO consistently offer competitive rates across multiple sports car models, with the Nissan 350Z and Subaru WRX providing the best combination of performance and affordability.

While premiums are higher due to increased repair and collision risks, strategies like bundling policies, raising deductibles or choosing pay-per-mile insurance can help reduce costs. Shop around and compare quotes based on your specific car and location to find the best deal for your situation.

We answer common questions about sports car insurance to help you find the provider that suits your needs.

We combined comprehensive rate analysis with real-world sports car expertise, going beyond basic price comparisons to analyze how insurers classify performance vehicles, verify coverage policies through direct contact with customer service departments, and research claims data to understand why sports cars cost more to insure.

We gathered 83,056 quotes from 46 companies across 473 ZIP codes using data from Quadrant Information Services and state insurance departments. We analyzed multiple sports car models to understand how classification impacts premiums and which vehicles trigger higher rates.

We contacted insurance companies directly to verify vehicle classification criteria and VIN lookup processes, coverage limits for high-performance vehicles, specialty insurance referral procedures, and state-specific regulatory impacts on sports car pricing.

We integrated performance data including acceleration times (0-60 mph), safety ratings, and theft statistics from the National Highway Traffic Safety Administration (NHTSA), Insurance Institute for Highway Safety (IIHS), National Insurance Crime Bureau theft reports, and manufacturer specifications.

Our primary profile used a 40-year-old male with a clean driving record and good credit, logging 12,000 miles annually. We quoted 100/300/100 liability limits with comprehensive and collision coverage at $1,000 deductibles.

We also analyzed young drivers (18-25) across multiple sports car models, high-risk drivers with violations to understand penalty impacts, low-mileage drivers (under 7,500 miles annually) for