The 10 most expensive cars to insure

For the past decades, car insurance was seen as one of the demanding expenses a car owner has to face. Vehicle insurance is often mandatory in many countries, including the United States. In the US, there’s a different set of rules and policies that govern the use and issuance of car insurance depending on the state to cover for potential property damages and bodily injuries. Even the minimum liability coverage will vary depending on the state where a driver lives. For minimum bodily injuries, the state of Florida requires a minimum of $20,000, and as high as $100,000 in Maine and Alaska. To compute for the actual insurance cost, companies rely on a number of factors, including driving style and driver’s lifestyle. The computation also takes into account the location and even the actual make and model that one wants to insure. Yes, the higher the sticker price of the car you want to insure, the higher the amount that you’ll need to prepare for insurance. But is your car part of that elite list of cars that is known to attract the attention of car insurers? If you’re planning to insure your car and still clueless as to how much you’ll be charged, then take a good look at this list. We list down the ten most expensive cars to insure today.

1. Mercedes-Benz GL63 AMG

Forget about the mild-mannered stance and conservative power and styling, the Mercedes-Benz GL63 AMG is the complete opposite. This full-size and seven-passenger crossover SUV is a powerful presence on and off the road and fitted with all the luxurious trimmings inside the car. The GL63 AMG is powered by a V8 5.5-liter twin-turbocharged engine and improved suspension and brakes. Other improvements for the new version of the GL63 AMG in the market include sport bucket seats, 21-inch wheels and stainless steel running boards. And thanks to these luxurious and exclusive offerings, the Mercedes-Benz GL63 AMG is one of the most expensive cars to insure. You’ll need at least $2,609 (based on average insurance rates for 12 months) to insure the car and drive with peace of mind.

2. Jaguar XKR Supercharged

The most expensive cars to insure are the luxury makes and models that include the leading names like BMW and Mercedes-Benz. One more brand that can be added to the list is Jaguar with its Jaguar XKR Supercharged as a highly luxurious model that’s highly appraised by car insurers. Based on industry computations, an owner of the jaguar XKR will have to pay $2,854 for insurance based on a 12-month average.

3. Audi A8L W12

Powerful European sedans with outrageous sticker prices occupy the list of expensive cars to insure, and that list also includes Audi A8L W12. Audi is a known global brand and markets high end luxury vehicles that include the Audi A8L W12. And just like the other luxury European sedans, the Audi A8L W12 is also an expensive item to insure. According to some industry computations, you will end up paying $2,869 for its insurance, averaged for 12 months.

4. Audi R8 5.2 Spyder Quattro

Here’s another Audi that’s worthy of your time and should form part of your savings plan- the Audi R8 5.2 Spyder Quattro. Priced at more than $100,000 with more than 500 horsepower, the Audi R8 is definitely a crowd pleaser and fun to drive. The R8 is great for the fun-loving driver, and with a top speed of more than 200 mph, the R8 is definitely a catch. But if you want to own one, keep in mind that you’ll also have to pay a premium for its insurance. You’ll have to cover $2,917 for its insurance based on an average insurance rate for 12 months.

5. Porsche Panamera Turbo S

This Porsche is a luxurious and definitely an expensive sports car that’s priced more than $140,000. All the luxurious and powerful trimmings and add-ons can be found on this Porsche sports car including a twin-turbo V8 engine that’s capable of delivering more than 520 horsepower for the base model and the Turbo S that can deliver 570 horsepower and capable of hitting 60 mph in just 3.3 seconds. To enjoy the power and luxury, expect to pay $2,970 for insurance computed for a 12 month average.

6. Mercedes SLS AMG

The Mercedes SLS AMG is an impressive and rare supercar reserved for the moneyed enthusiasts and individuals out there. Designed with performance and power in mind, the SLS AMG is backed by a 6.2 L V8 engine, a seven-speed dual clutch automatic transmission and available as a rear-wheel drive. This is a dream supercar for serious enthusiasts and if you happen to buy one, expect a high maintenance cost especially insurance cost. According to some industry computations, an insurance company will probably charge you $2,986.

7. Mercedes-Benz CL 550 4Matic

The Mercedes-Benz is known as a luxury brand and as such, delivers high-end vehicles that are too expensive to insure. But among the many Mercedes cars that are too expensive to insure, the Mercedes-Benz CL 550 4Matic is the most expensive Mercedes to insure in the United States. Based on industry computations, owners of this flashy car will have to pay $3,019 for insurance based on a 12-month average.

8. BMW M6

In a listing of ‘anything expensive’, there has to be a BMW. And for this list of most expensive cars to insure, the BMW entry is BMW M6. With a sticker price of more than $100,000, a twin-turbo V8 engine and a 560-horsepower production, the BMW M6 is definitely a keeper and worth your time. Unfortunately, it comes at a high sticker price and higher insurance cost. In an industry computation, it was found out that an owner of the BMW M6 will have to shoulder $3,065 based on a 12-month insurance computation average.

9. Porsche 911 Carrera S Cabriolet

If you are one of the privileged few who own a Porsche 911, remember that you will also have to pay a premium for car insurance. In a sample calculation, it was found out that a Porsche owner will have to cover $3,216 for yearly insurance. But for many car owners and enthusiasts who are fond of the looks and performance of the Porsche 911 Carrera, this is a small price to pay.

10. Nissan GT-R Track Edition

The car affectionately called the ‘the Godzilla’ in race track thanks to its superb speed and engine performance is also a monster in the eyes of insurance companies. This is one of the more expensive cars to insure in the United States. If you recently purchased a Nissan GT- R then you will have to pay more than $3,000 for insurance, based on a 12-month average.