CarInsurance.com Insights
- The BMW M8 Gran Coupe is the most expensive vehicle to insure in 2026, with an average annual insurance cost of $6,744.
- A high sticker price, top-of-the-line technology and high repair costs are three big reasons for expensive insurance premiums.
- Vehicles generally come in various trim levels, and the base version is usually the most affordable to insure. Moving up the trim range often results in higher premiums due to the high vehicle cost.
Car insurance rates don’t just depend on your driving record or location, they’re also heavily influenced by the car you drive. High-end vehicles with powerful engines, costly parts or advanced tech features come with higher insurance premiums.
In this report, we break down the most expensive cars to insure in 2026. Whether you’re shopping for a new vehicle or just curious about what drives premiums up, understanding which models top the list can help you make a more informed decision.
What are the most expensive cars to insure in 2026?
The BMW M8 Gran Coupe, BMW M5 Touring, BMW M5, BMW M8 and Audi e-tron GT are the most expensive cars to insure in 2026.
Unfortunately, car insurance costs are on the rise across the board. However, those with expensive-to-insure vehicles are even more likely to notice the rising prices.
There are three big reasons these cars are all expensive to insure. A high sticker price, top-of-the-line technology and high repair costs add up to a costly insurance premium.
“Sports cars and high-end luxury vehicles are usually much more expensive to insure because of repair costs. The finishes in these vehicles are often much more expensive than the materials used in a more moderately priced vehicle,” says Carole Walker, executive director of the Rocky Mountain Insurance Information Association.
The table below shows the most expensive cars to insure.
| Make model | Vehicle type | Six-month rates |
|---|---|---|
| BMW M8 Gran Coupe | Performance Car | $3,372 |
| BMW M5 Touring | Performance Car | $3,354 |
| BMW M5 | Performance Car | $3,297 |
| BMW M8 | Performance Car | $3,212 |
| Audi e-tron GT | Electric | $3,207 |
| Porsche 911 Turbo | Sports Car | $3,200 |
| Audi RS7 | Performance Car | $3,195 |
| Mercedes-AMG G63 | Performance SUV | $3,127 |
| Audi S8 | Performance Car | $3,097 |
| Audi RS6 | Performance Car | $3,078 |
| BMW i7 | Electric | $3,046 |
| Porsche 911 GT3 | Sports Car | $3,018 |
| Mercedes-AMG GT | Performance Car | $3,002 |
| Mercedes-Maybach S-Class | Luxury Car | $2,981 |
| Mercedes-Benz S-Class | Luxury Car | $2,947 |
| Mercedes-AMG EQS | Electric | $2,933 |
| BMW XM | Performance SUV | $2,922 |
| Mercedes-AMG SL-Class | Performance Car | $2,885 |
| Porsche Taycan | Electric | $2,881 |
| Porsche Taycan Cross Turismo | Electric | $2,875 |
| Lucid Air | Electric | $2,850 |
5 most expensive cars to insure in 2026: A detailed breakdown
The BMW M8 Gran Coupe tops the list of the most expensive cars to insure in 2026 at an average cost of $6,744 annually. The BMW M8 Gran Coupe with all the risk factors insurers hate to see: a huge sticker price (starts at $140,000), a powerful engine (617 horsepower), and plenty of luxury finishes. All of that adds up to a huge insurance premium.
The BMW managed to put four vehicles on the top 5 most expensive cars to insure list, including BMW M5 Touring, BMW M5 and BMW M8.
These are the top five most expensive vehicles to insure (the most expensive model of each make is listed).
| Make model | Trim | Annual rates |
|---|---|---|
| BMW M8 Gran Coupe | M8 Competition Gran coupe XDrive | $6,744 |
| BMW M5 Touring | M5 Touring | $6,708 |
| BMW M5 | M5 | $6,593 |
| BMW M8 | M8 Competition XDrive | $6,423 |
| Audi e-tron GT | RS E-tron GT Performance | $6,291 |
BMW M8 Gran Coupe
BMW grabbed the top spots with the M8 Gran Coupe being the most expensive car to insure. This beast will set you back a whopping $6,744 to insure.
The M8 Gran Coupe comes with several red flags when it comes to insurance. While certainly not one of the most expensive sports cars out on the road, its sticker price of $140,000 puts it well out of the average price range for most drivers.
In addition, M8 Gran Coupes are targets for car thieves, and insurers charge higher premiums if a car is a significant theft risk.
BMW M5 Touring
The BMW M5 Touring is a similar option to the BMW M8 Gran Coupe. This model is slightly more affordable (it starts at $125,300). It has a V8-cylinder engine and 717 horsepower. Since it’s slightly cheaper, it makes sense that it’s slightly more affordable for insurance. It will cost you $6,708 annually to insure.
BMW M5
Cars built to be driven more aggressively will always be more expensive to insure, and the M5 has a TwinPower Turbo V-8 engine under the hood that dares you to put your foot down.
It can produce 717 horsepower and the adaptive M suspension delivers the perfect balance of performance and comfort, adjusting seamlessly to the road and your driving style.
While still very pricey to insure, its annual premium is $6,593, or $151 less than the BMW M8 Gran Coupe.
BMW M8 Competition XDrive
Insurance companies always consider the vehicle’s sticker price when setting a premium because they will have to replace the vehicle if it is damaged or destroyed by a covered peril.
Insurers must also consider repair costs, and luxury vehicles like the BMW are packed with expensive finishes.
Ultimately, this leads to an annual insurance rate of $6,423.
Read more about insuring BMW models
Audi RS e-tron GT Performance
The Audi RS e-tron GT Performance is a high-end electric sports car that is powered by dual electric motors delivering 912 horsepower.
It accelerates from 0-60 mph in about 2.7 seconds and reaches a top speed near 155 mph. With an estimated 278-mile electric range and advanced performance-oriented features like adaptive air suspension, all-wheel drive and a refined interior with digital displays, it stands out as one of Audi’s most powerful EVs.
It’s average annual cost is $6,291, based on CarInsurance.com’s data study.
Read more about insuring Audi models
Most expensive cars to insure by vehicle type
The type of car you drive significantly affects how much you pay for insurance. Vehicles that are expensive to repair, frequently stolen, or designed for speed tend to come with higher premiums. Luxury cars like BMW, Mercedes-Benz, and Tesla are costly to insure due to high repair costs and advanced technology.
Sports cars such as the Corvette or Porsche 911 often carry higher rates because they’re built for speed and statistically more likely to be involved in accidents.
Electric vehicles, while efficient, can also be pricey to insure — especially models with expensive batteries like the Tesla Model S or Lucid Air. Large luxury SUVs, including the Range Rover and Cadillac Escalade, typically follow the same trend.
Even popular models like the Honda Accord or Dodge Charger may be more expensive to cover if they’re frequently targeted for theft.
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Why are certain types of cars more expensive to insure?
Insurance companies take a variety of risk factors into account when setting a premium. In addition to personal factors like your driving record, credit score, age, and marital status, insurers consider your vehicle’s risk factors.
Avoid sport and luxury vehicles to keep your insurance bill affordable. Electric vehicles (EVs), particularly high-end ones like Teslas, are reasonably expensive to insure.
Big engines (or a big battery), a sky-high sticker price, cutting-edge tech, and lots of expensive finishes will always push up insurance costs.
Here are a few of the vehicle factors that insurers consider and why they make insurance more expensive:
- Price: Your insurance company is responsible for replacing your car if it is stolen or destroyed by a covered peril. It will charge a higher premium for a more expensive car. You will pay more for insurance if you have a high-end luxury vehicle with a high sticker price.
- Vehicle type: Many sports and luxury cars are designed to be driven more aggressively, often leading to more crashes and accidents. High-powered vehicles are often involved in accidents that lead to claims.
- Repair costs: Your insurer must pick up most of the bill if your vehicle has to be repaired due to an accident or other covered incident, so they look at repair costs when setting an insurance rate. High-end sport and luxury vehicles are often more expensive to repair as parts and labor are much higher. They usually require specially trained mechanics and even specialty facilities.
- The target of thieves: The cost of replacing your stolen vehicle is your insurance company’s problem if your ride is boosted, so if it is a common target of thieves, you will pay more for coverage. Unfortunately, luxury and sports cars often fall into this category, leading to higher insurance costs.
Comparing luxury vs. base models: Does trim level affect insurance rates?
When you opt for a more luxurious trim, it typically comes with more bells and whistles. The extra perks come at an extra cost and make repairing the vehicle more expensive, which altogether leads to a higher car insurance cost.
For example, the BMW M8 Competition Gran Coupe is more expensive to insure than the BMW M5 Touring, and both are more expensive to insure than the BMW M8 Competition XDrive.
Luxury and sports vehicles are always going to be more expensive to insure, but here are a few other factors to consider when shopping for a vehicle:
- Trim level: Most vehicles come in different trim levels. The base model is usually the cheapest to insure. As you move up trim levels, your premium will climb due to a higher sticker price, more expensive interior finishes, and possibly a bigger engine.
- Engine size: A bigger engine under the hood usually results in costlier premiums. Sport and luxury cars may offer different engine choices that can impact your premium.
- Luxury finishes: The interior finishes you choose will impact the insurance cost. Leather seats, teak wood, and carbon fiber will be more expensive to insure than cloth seats and a plastic dashboard.
- Technology: Cutting-edge technology is often found in luxury vehicles before trickling down to more reasonably priced ones. High-end audio systems, seat massagers or a refrigerator box for the rear cabin will all result in a higher insurance premium because they make repairs more expensive.
Most expensive cars to insure by state
The state you live in significantly impacts your car insurance costs. However, some cars are more expensive to insure in some states. The table below shows the most expensive vehicles to insure based on your state.
Select your location and vehicle type to see which makes and models are the most expensive to insure, with average six-month rates.
High-performance cars that drive up young driver insurance costs
Young drivers tend to pay more for car insurance than those with more experience. Although young drivers can generally expect to pay more for coverage, driving certain vehicles will lead to significantly higher costs for young drivers.
The table below explores the average insurance costs for the most expensive vehicles for young drivers to insure by state.
Select your state and vehicle type to see the most expensive high-performance cars to insure for 18-year-olds, with average six-month rates.
Note: Rates are based on insurance costs for 18-year-old drivers.
Why do Teslas cost so much to insure?
Like many vehicles on our most expensive to insure list, Teslas have a hefty sticker price and are costly to repair, which is always a recipe for sky-high insurance premiums.
Here are a few reasons Teslas come with expensive insurance:
- Specialized repairs: Teslas can only be repaired at a Tesla-approved repair shop. This is due to the additional training and equipment that are needed.
- Battery: Like all EVs, a Tesla has a big battery under the hood instead of an engine. Replacing the battery can cost between $10,000 and $15,000, which will always be factored into an insurance rate.
- Aluminum frame: The Model S has an aluminum frame, which makes it more expensive to repair than a standard steel frame.
“The complex and high-end technology incorporated into Teslas is expensive to repair after a crash, ” Anthony says. More expensive repairs mean a higher insurance bill.
Why some cars have sky-high insurance costs
Erike Tortorici, owner and principal at Optimum Insurance Solutions, says that some vehicle models are more expensive to insure primarily because of their replacement cost.
“If a car is totaled, the insurance carrier is responsible for covering its full value. Additionally, modern vehicle technology has significantly increased repair costs,” Tortorici says. “Features like advanced sensors in mirrors, headlights, bumpers and windshields drive up expenses, as they require not only replacement but also specialized labor to recalibrate. For example, a simple windshield that once cost $300 can now range from $800 to $2,000 due to integrated rain sensors and heating elements. In some cases, high-tech vehicles can be totaled from relatively minor accidents because of the sensitivity and cost of their battery systems. Ultimately, the more complex and expensive a car is to repair or replace, the higher its insurance premiums will be.”
Purchasing a vehicle with a relatively affordable MSRP still might lead to relatively high insurance costs if the repairs associated with the vehicle are on the high end.
How to lower insurance costs on high-end vehicles
If you want to lower your car insurance costs on a high-end vehicle, consider the following strategies:
- Shop around: Insurers evaluate your situation differently, leading to varying premiums among insurers. When you compare rates across multiple companies, you can find the most affordable option for your situation.
- Increase your deductible: Generally, insurers offer drivers who opt for a higher deductible a lower insurance rate. Locking in these savings could make sense if you have the funds on hand to cover a higher deductible after an accident.
- Ask for a discount: Many insurance companies offer discount opportunities. Never hesitate to ask if you qualify for extra savings.
- Stick to safe driving habits: Many insurers offer a discount for safe driving habits.
Frequently Asked Questions: Expensive vehicles
Why are luxury cars more expensive to insure?
Luxury cars are costly to insure because they have higher sticker prices, advanced technology and expensive parts that increase repair and replacement costs after an accident.
Which car is the most expensive to insure in 2026?
The BMW M8 Gran Coupe tops the list in 2026, with average premium of $6,744 or $3,372 for six-month premiums.
Are sports cars always more expensive to insure?
Yes, most sports cars carry higher premiums due to powerful engines, higher accident risk and costly repairs. However, rates vary by model and driver profile.
Do trim levels affect insurance costs?
Yes. Higher trims with performance packages or advanced features usually cost more to insure than base models because they’re more expensive to repair or replace.
Which states have the highest costs to insure luxury cars?
Insurance for high-end cars varies by state. States with higher accident rates, repair costs and dense traffic — such as Michigan, Louisiana and Florida — often top the list. However, these states regularly top the list of the most expensive U.S. states for car insurance.
How can I lower insurance costs on an expensive car?
You can lower costs by comparing quotes, raising your deductible, bundling policies, maintaining a clean driving record, and asking about discounts for safety features.
Is full coverage required for luxury cars?
While not legally required, lenders and leasing companies typically mandate full coverage for luxury cars. Even if paid off, full coverage is strongly recommended due to the vehicle’s high value.
Final thoughts
Ultimately, the type of vehicle you drive impacts your insurance rates. A high sticker price, top-of-the-line technology and high repair costs add up to a costly insurance premium for sports cars and luxury vehicles, but shopping around and asking about discounts can help drivers keep their rates as low as possible.
Resources & Methodology
Methodology
CarInsurance.com editors collected rates from Quadrant Information Services for a 40-year-old male and female driver carrying a full coverage insurance policy with limits 100/300/100 and $500 comprehensive and collision deductibles. Read the detailed methodology for more information.
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