Best Auto Insurance for Luxury Cars in 2025 (Find the Top 10 Companies Here!)

Geico, State Farm, and Allstate have the best auto insurance for luxury vehicles.

The best auto insurance for luxury cars rates will be more expensive, as vehicle repair or replacement costs for luxury cars are higher than for standard cars. However, luxury car owners can get low mileage coverage, higher deductibles, or various other discounts at the best luxury car insurance companies.  

Our Top 10 Company Picks: Best Auto Insurance for Luxury Cars

Read on to learn about luxury car insurance, from what types of auto insurance coverage you should carry to how to save.

Because comparison shopping is the most effective way to save on luxury vehicle insurance, use our free quote comparison tool to get started on finding savings.

#1 – Geico: Top Pick Overall

Pros

• Extensive Discounts: Luxury car owners should be able to find at least a few discounts to apply to their policies.
• Competitive Rates: Luxury car rates are competitive at Geico. Read our Geico review to learn more.
• Financial Stability: Your luxury auto insurance policy will be backed by a financially sound company.

Cons

• Discount Availability: Some discounts, like Geico’s good driver UBI discount, may not be available at your location.
• Personalized Assistance: In most cases, you’ll have to talk online to a representative.

#2 – State Farm: Best for Coverage Flexibility

Pros

• Coverage Flexibility: Coverages for high-end vehicle insurance are flexible, as you can add or drop coverages.
• Financial Strength: A.M. Best rated State Farm highly. Learn more in our State Farm insurance review.
• Agency Network: You get assistance with your luxury insurance directly from an agent.

Cons

• Discount Availability: Discounts may not be available in all locations.
• Poor Credit Rates: In some states, poor credit drivers will be charged more.

#3 – Allstate: Best for Customer Service

Pros

• Customer Service: Allstate has a claims satisfaction guarantee.
• UBI Discount: Save at Allstate based on your driving habits. Read about discounts in our Allstate review.
• Deductible Decreases: Not filing claims will reduce drivers’ deductibles.

Cons

• Higher Rates: Luxury car insurance may be too expensive for high-risk drivers with violations on their record.
• Claim Reviews: Claims processing has a higher complaint ratio.

#4 – Progressive: Best for Loyalty Rewards

Pros

• Loyalty Rewards: Luxury owners will qualify for a discount if they keep Progressive as a provider.
• Flexible Coverage: Add extra coverages to protect your luxury car. Learn more in a Progressive auto insurance review.
• Online Management: Make changes online to your luxury vehicle insurance policy.

Cons

• Post-Accident Rates: Progressive has high rates for drivers after an at-fault accident.
• Snapshot Rate Increases: Poor drivers may have their rates increased instead of getting a discount.

#5 – Nationwide: Best for Deductible Options

Pros

• Deductible Options: You can choose the deductible amount you want on your high-end auto insurance.
• Pay-Per-Mile Rates: Pay-per-mile insurance may help luxury car owners save if they are infrequent drivers.
• Coverage Variety: If your luxury vehicle is new, Nationwide offers options like gap insurance.

Cons

• Availability: Nationwide is not yet in all states.
• DUI Rates: Luxury car insurance costs may be too pricey for DUI drivers. Learn more in Nationwide insurance review.

#6 – Liberty Mutual: Best for Business Vehicles

Pros

• Business Vehicles: If your luxury car is a business vehicle, you may want to look into Liberty Mutual’s business insurance.
• Better Car Replacement: Purchasing this coverage means Liberty Mutual will help replace your luxury vehicle with one of at least equal value.
• 24/7 Assistance: Learn about Liberty Mutual’s assistance in our review of Liberty Mutual.

Cons

• Post Accident Rates: Liberty Mutual’s rates can be pricey for those with previous at-fault accidents.
• Claim Ratings: There are mixed ratings for claims.

#7 – Travelers: Best for IntelliDrive Program

Pros

• IntelliDrive Program: Save on luxury cars insurance by joining Travelers’ usage-based program. 
• Unique Coverage: Add less-common coverages to your policy to protect your luxury vehicle. Learn what Travelers offers in our review of Travelers.
• Bundling Policies: You can buy more than just auto insurance for expensive cars.

Cons

• Young Driver Rates: Travelers is more expensive for teen drivers.
• IntelliDrive Rate Increases: Rates may increase for bad drivers in some states.

#8 – The Hartford: Best for Exclusive Benefits

Pros

• Exclusive Benefits: The Hartford has exclusive benefits for members of AARP.
• Customer Ratings: The Hartford has good ratings. Learn more in The Hartford review.
• Bundling Options: Customers can also purchase home or business insurance.

Cons

• Young Driver Rates: The Hartford’s rates are most economical for older drivers.
• Limited Online Tools: You may not be able to perform as many tasks online.

#9 – American Family: Best for Costco Members

Pros

• Costco Members: Costco members get exclusive deals on American Family insurance when they purchase through Costco.
• Accident Forgiveness: American Family has accident forgiveness for safe drivers.
• KnowYourDrive: Save on car insurance for luxury cars with this usage-based discount. For more ways to save, read our American Family review.

Cons

• Availability: Luxury car owners may not have coverage in their state.
• DUI Rates: Luxury car owners with a DUI will find rates less affordable.

#10 – Farmers: Best for Family Plans

Pros

• Family Plans: Families with luxury cars can get multi-car discounts.
• On Your Side Review: Farmers has an annual review where customers can get help with their policy.
• Safe-Driving Discounts: Learn about all the ways to save in our Farmers review.

Cons

• Claim Ratings: Claims processing has some poor reviews.
• Limited Online Tools: Customers may have to contact an agent instead of doing the task online.

Auto Insurance Rates for Luxury Vehicles

Luxury vehicles need auto insurance, too, unsurprisingly. The difference is you don’t want to skimp out on coverage because the monthly car payment is sizable. So while meeting just the  minimum auto insurance requirements by state is tempting, consider what repairs might cost after a major accident.

Auto Insurance Monthly Rates for Luxury Cars

Luxury cars also require specialized or foreign automobile parts and components — this is why Maseratis won the title of “most expensive car to insure” in recent years.

Full Coverage Auto Insurance Monthly Rates: Top 10 Most Expensive Cars

Maserati insurance costs around $5,000 annually, making the $400 required oil change seem cheap by comparison. If you have an expensive model, make sure you are getting luxury car insurance quotes from companies like Geico. 

Types of Luxury Auto Insurance Coverage

Owning a luxury car means you’ll want to look after your investment. You’ll want to ensure you have a full coverage auto insurance policy that contains the following coverages:

• Liability Auto Insurance: Liability is required in most states to drive. It pays for other drivers’ vehicle damages and medical bills in an accident you caused.
• Comprehensive Auto Insurance: Comprehensive covers non-collision incidents, like theft, vandalism, weather, animal damage, or falling trees.
• Collision Auto Insurance: Collision pays for your repairs if you’re at fault in an accident. It also covers you if you drive into an inanimate object.
• Personal Injury Protection (PIP) Auto Insurance: Personal injury protection pays for your medical bills regardless of fault, including lost wages and mental/emotional health.
• Uninsured/Underinsured Motorist Coverage: Uninsured/underinsured motorist coverage pays for your car’s repair if someone else is at fault but has no insurance or not enough to cover the bill.
• Guaranteed Auto Protection (GAP) Auto Insurance: In the event of a total loss, instead of getting paid the fair market value minus depreciation, you receive compensation for the amount left on your loan so you aren’t left underwater paying for a car you can’t use.

Beyond the normal luxury market are what’s known as exotic cars. Examples of exotic cars include Ferraris and Lamborghinis.

Instead of choosing a traditional auto insurance policy, ask your insurance company if you’d save and still have excellent coverage through a collector car or specialty policy.

How to Save on Luxury Auto Insurance

Luxury SUV insurance rates may be cheaper than a policy for a 6-series BMW because the SUV can’t go from 0 to 60 mph in 4.5 seconds. However, you’ll still pay whatever the underwriters determine will keep the insurance company in the black and you on the road, whether you total it one day or remain in forever-pristine condition.

Learn more: How to Lower Your Auto Insurance Rates

Make Use of Auto Insurance Discounts

Aside from the MSRP of your vehicle and what’s under the hood, auto insurance companies pay the most attention to your driver history and age where allowed by law. They’re aware of your at-fault accidents in recent years, the claims you’ve filed, how much got paid out, and any coverage lapses.

Find out the safety features of your vehicle beforehand and ask about good driver discounts to maximize your chances of a lower auto insurance premium. You might qualify for auto insurance discounts such as:

• Safe driver
• Defensive driving
• Teacher/educator discount
• Anti-lock brakes
• Anti-theft system
• Automatic lane assist technology
• Adaptive headlights

There are other discounts available for military, disabled veterans, and low-mileage drivers.

Keep Your Luxury Car in Storage During the Off-Season

If you’re not operating your luxury or exotic vehicle, you can opt to get long-term storage insurance so that it’s protected and you’re not paying for coverage you don’t need. This way, you avoid coverage lapse, maintain legal standing with the lienholder and the DMV, and save money.

Learn more: How to Get a Garaging & Storing Auto Insurance Discount 

The Final Word: Best Auto Insurance for Luxury Cars

Luxury car insurance is more expensive, but this doesn’t mean you can’t lower your rates. If you want to save money on the best auto insurance for exotic vehicles, start by shopping at the best companies. 

Check out the best luxury car insurance rates for the cheapest high-end car insurance companies with us today by entering your ZIP code into our free tool.