How much does it cost to insure a sports car?
I’ve always wanted to own a sports car, and I finally have saved enough to afford one. They’re expensive in general, but how bad is my insurance going to be?
Congratulations on your dream car. There are a lot of factors that go into car insurance, so let’s look at some of them. Insurance companies will look at the following when determining your insurance policy:
- Car make and model
- How it performs
- How many cylinders it has
- How much you paid
- Height (of the car)
- Weight (of the car)
- VIN (vehicle identification number)
These components all help determine the car’s risk factor because they contribute to the speed of the vehicle. Often, the faster you can drive, the higher the risk because the damage will be worse if you get into an accident and how much the repairs and parts will cost.
Your insurance companies will also want to know your age, location, and driving history as all of these factor into how much you’ll pay for your car insurance. Some of them may even qualify you for discounts.
You are going to have to decide what kind of coverage you need. Because this is your dream car, I recommend that you at least get comprehensive coverage that will cover your car in an accident or other unexpected occurrence.
When you’re looking for car insurance for your dream sports car make sure to check out Jerry. Jerry pulls quotes from the top 50 companies in under a minute and delivers the best deals right to your phone. No long forms. No calling around. Just savings. The average Jerry user saves $879 a year on car insurance.
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Read advice from car experts at Jerry
Browse by topics
What others are asking
How can I turn off the maintenance light on a Toyota?
The maintenance light on my car came on recently. I had my mechanic friend check it out, and he said everything looked okay, but it needed an oil change. He changed the oil, but the light still hasn’t turned off. How can I turn the maintenance light off on my Toyota?
Nov 02, 2021
How do you sell a car without insurance?
I’m planning to sell my car privately. I would rather not pay for insurance if I’m not driving it. Can I sell my car without insurance?
Nov 02, 2021
How do I get a car loan if I'm 17?
I'm 17, but I've been saving up for three years to buy a car. I still need a few grand, but my down payment is over half. Can I get a car loan?
Nov 02, 2021