Mathew B. Sims is Editor-in-Chief and has authored, edited, and contributed to several books. He has been working in the insurance industry ensuring content is accurate for consumers who are searching for the best policies and rates. He has also been featured on sites like UpJourney.

Full Bio →

Written by

Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years (BBB A+). He is licensed as an agent to write property and casualty insurance, including home, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like and Safeco. He reviews content, ensuring that exis...

Full Bio →

Reviewed by Daniel Walker
Licensed Auto Insurance Agent

UPDATED: Sep 8, 2020

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn’t influence our content. Our opinions are our own.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Here's what you need to know...

  • Among one of the top seven auto insurance factors to consider by insurance companies is the kind of car you drive
  • Insurance companies classify a vehicle as a sports car by looking at the number of cylinders, the horsepower, the make and model, the weight of the vehicle, and the height
  • Sports cars are smaller and lighter than regular sedans, so they very quick stay highly maneuverable
  • Even you are a safe sports car driver with a clean driving record, you will still pay more for auto insurance than a standard vehicle
  • Sports cars run a higher risk of theft

What is considered a sports car by insurance companies? Traditionally, a sports car has two seats, a softback, and race quality performance. However, insurance companies classify a vehicle as a sports car by looking at the number of cylinders, the horsepower, the make and model, the weight of the vehicle, and the height.

Does having a sports car increase insurance? Auto insurance is more expensive for sports car drivers because they are statistically more likely to drive faster and therefore cause accidents, which are factors that affect auto insurance rates.

Sports cars and higher-end make and models are at a higher risk of theft, which means comprehensive coverage is more expensive for owners of these types of vehicles.

Sports car insurance costs are even higher for younger drivers. If you want to buy cheap sports car insurance for young drivers: sports car insurance for under 25-year-old drivers, 19-year-olds, and especially for 16-year-old drivers, don’t buy the first sports car insurance policy you are quoted.

Shop around to find the most affordable sports car auto insurance coverage. Use our free tool below like a sports car insurance calculator to calculate your sports car insurance rates online.

Start comparison shopping today by entering your ZIP to get sports car insurance quotes near you.

Auto Insurance for a Sports Car

How much does sports car insurance cost?

Getting auto insurance for your sports car can be expensive. That’s why it’s important to shop around and compare sports car auto insurance rates for your car to get the best deal. Here are a few factors to consider when you compare the average auto insurance cost:

  • The car that you drive has a direct impact on the rate you pay for insurance
  • Smaller sports cars with more horsepower present higher risks for insurers
  • Price compare across the market to get the insurance you need at a rate that presents value

When you are in the market for a new car, you are probably thinking about the price of the car, what your monthly payment is going to be, and what your ideal car actually is.

What you may be thinking about, though is the impact that the car is going to have on your insurance policy. The car that you drive certainly has an impact on the auto insurance rates that you pay, and this cost is going to only be amplified if you are driving around in a shiny new sports car.

Just to give you an idea of what auto insurance will cost, let’s look at the rates for the cheapest sports cars to insure.

Cheapest Sports Cars to Insure
Chevrolet Corvette Stingray$149.17$1,790
Fiat 124 Spider$130.17$1,562
BMW Z4 Roadster$120.33$1,444
Subaru BRZ$111.17$1,334
Mazda MX-5$97.83$1,174
Get Your Rates Quote Now

Compare RatesStart Now →

If you drive a more expensive sports car, your rates can be considerably higher.

You want to always be considering auto insurance costs when you are shopping for a new car, whether it is new or used. When you are figuring out what the total ownership cost of your car is going to be, think about the car, its maintenance needs, related excise taxes, and such, as well as your auto insurance rate.

What is it about the specific car though that can have an impact on your auto insurance?

There are many things that can come into play that can all impact your car insurance rate; it is just about understanding the linkage.

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Why is auto insurance more expensive for sports car drivers?

Drivers are more likely to drive recklessly and fast. More of a chance of damage done to the owner’s vehicle, other drivers’ vehicles, and damage to property. Not to mention the chance of high medical bills in the unfortunate event of bodily injury.

The auto insurance company checks your driving record as well. How much does a sports car raise your insurance if your driving record isn’t clean?

Even you are a safe sports car driver with a clean driving record, you will still pay more for auto insurance than a standard vehicle.

However, they may take this into account when determining the cost of your car insurance. The fact that you have a habit of driving safely even with a fast and powerful vehicle can mean discounts on your policy.

Let’s look at average annual rates based on your driving history to see just how accidents and tickets can raise your rates.

Average Annual Auto Insurance Rates Based on Driving History
CompaniesAverage Rates with a Clean RecordAverage Rates with 1 AccidentAverage Rates with 1 DUIAverage Rates with 1 Speeding Violation
American Family$2,693.61$3,722.75$4,330.24$3,025.74
State Farm$2,821.18$3,396.01$3,636.80$3,186.01
Liberty Mutual$4,774.30$6,204.78$7,613.48$5,701.26
Get Your Rates Quote Now

Compare RatesStart Now →

Just one accident can raise your rates around $80 a month. Now imagine that on top of the already higher rates for a sports car, and you can see how easily your rates can skyrocket.

Watch this video to learn more about how auto insurance companies value your driving record.

Sports cars are more likely to be stolen and vandalized. Comprehensive coverage, which covers theft and vandalism, will be more pricey than it would be for a less valuable or desirable vehicle.

Vehicle theft can cause a significant amount of damage. When vehicles are found deserted by the thief, parts are usually broken or missing, and the interior may need some attention as well.

Parts for sports cars can be very expensive, so insurance companies need to have a way to keep themselves protected against extremely high repair costs, and based on the statistics.

They protect themselves by requiring more for a sports car owner’s policy.

Since the definition of a sports car varies by the insurance company, be sure to compare several options before choosing a policy. Can I get multiple auto insurance quotes? Yes, you could end up saving yourself money by getting a quote from multiple insurance companies at once.

How can I find a cheap sports car auto insurance quote?

What sports car has the cheapest insurance?

The cheapest sports car to insure in 2019 was the 2013 Chevrolet Corvette Z06 at $188.25/month. The average sports car auto insurance rates are $200/month.

  • As one would expect, it is most often more expensive to insure a sports car than the typical family four-door sedan
  • This type of insurance allows the company and vehicle owner to set an “agreed value” for the vehicle and its’ total replacement cost
  • Typically, there are a number of discounts available through your current provider if you look for them and inquire about them

When asked to describe what they think of when they hear the term “sports car”, the average driver on the street today would probably begin to describe a Ferrari, Mustang, or classic Camaro.

The truth is, however, that the definition of a sports car can vary a great deal between any two given auto insurance companies, or vary from state to state.

Generally speaking, the biggest factors in classifying a car as a “sports car” include engine size, number of cylinders, horsepower, or engine modifications.

There are also smaller, more subtle factors to be considered as well, including:

  • Number of doors
  • Gross weight of the vehicle
  • Aftermarket racing-style upgrades, such as suspension or tires
  • Convertible tops
  • Flashy, custom paint or wheels

How much higher is insurance for sports cars with more power?

A major component to consider when purchasing a sports car is insurance, a bigger part of the cost of driving a car than most realize.

This is for obvious reasons; the added horsepower or larger engine allows the vehicle to go faster than other vehicles on the road. With this added speed comes the risk of accidents involving both people and property.

There is also a higher incidence of theft with sports cars, and replacement costs are a larger burden for the insurance company to manage.

The good news is that there are many ways for the consumer to beat the higher cost of sports car insurance.

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

What cars are the most expensive to insure?

How much is insurance for a sports car that is high-end?

The high-end sports cars that are available out on the market are what will carry the highest rate amounts.

When you are talking about a sports car, you are probably talking about a car that has a very high MSRP.

The MSRP, the higher it goes, will also cause the auto insurance rate to go up. The higher rate is due to the car needing to be covered fully for its value should something happen to it.

When you have a sports car that is totaled, it is going to cost your insurance company a lot more money to replace it than it would cost them to replace a more average automobile.

Simply put, when you increase the limits of your insurance so that you are indemnified in the event of a loss, you are going to be paying more for those increased limits in your auto insurance rate.

Think about things such as the motor that is in your sports car.

When you have more horsepower under the hood of your car, that much power is going to tell the insurance companies out there that you are going to be more likely to drive at a faster speed than someone puttering around in a small four-cylinder compact ride.

The auto insurance rate is going to reflect the insurance company’s thought process and will be higher as a result.

The car that you drive is going to have a direct impact on the rate that you pay to insure the automobile. When you are talking about a sports car, you have to think about the higher likelihood that you present to an insurer for driving fast, driving recklessly, recreationally.

Due to this increased risk, the auto insurance rate is going to have to be amped up to cover the exposure you present.

Be sure to do price comparisons as some insurers will be able to give you lower rates to cover your sports car than others.

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Discounts on Auto Insurance for Your Sports Car

Now that we’ve seen how much more sports car insurance is, let’s talk about how to get those rates down.

One way to keep your rates low is to look for any available car insurance discounts. Keep reading to learn how to find how to get your rates low.

How can networking with other sports car owners help?

This technique, in addition to helping one out in their career, can also help them save on auto insurance as well.

Start with the dealer or the person you purchased the car from. In the case of an individual, ask who his insurance provider was.

A dealer who sells high-end vehicles on a weekly basis is almost certain to have a relationship with certain insurance companies.

Ask him whom he can recommend and if you are eligible for a “family and friends” discount. At the very least, it certainly cannot hurt to ask!

Whether you’re looking for what is considered a sports car by insurance companies in California or elsewhere, don’t overlook a quick call to any local car clubs in your area that might be able to offer assistance.

What niche markets are there?

Some auto insurance companies specialize in providing insurance for antique, classic, or “muscle cars.”

This smaller niche market allows for customized insurance for unique vehicles and provides coverage for the actual value of a given vehicle, not just the standard “blue book” value for that particular year’s vehicle.

This type of insurance allows the company and vehicle owner to set an “agreed value” for the vehicle and its’ total replacement cost. Deductibles can be tailored as well.

Will defensive driving class help auto insurance rates?

This is a sure-fire way to help with lowering auto insurance costs. The average insurance company will allow for up to ten percent discount on the liability portion of your auto insurance.

Typically, these courses are offered as a six-hour session, and some insurers are even offered online. The registration fee for this course will pay for itself in no time.

What discounts can you get from your current insurance provider?

Before buying your dream car, a sit down meeting with your current insurance agent would be a wise choice. Typically, there are a number of discounts available through your current provider if you look for them and inquire about them.

Discounts are available for combining policies, car safety features, or simply having a good driving record.

One or two moving violations can quickly add up to a few points on your license, and result in increased rates!

Other lesser-known discounts to investigate include low annual mileage discounts, good student discounts, or even automatic drafts from your checking account can earn you a discount on your policy.

Installation of an anti-theft device and alarm systems can put money back into your pocket as well.

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

The Size of the Sports Car

The size of the car can actually have a direct correlation with the price that you will pay for auto insurance.

When you are talking about a sports car or any smaller car, statistics have shown that these are likely to be driven at faster speeds than larger cars. This statistic makes them more likely to be involved in auto accidents, have traffic citations, and so on.

A bigger car, such as an SUV or a minivan, is actually going to have lower rates.

A bigger car’s lower car insurance rate is due to the fact that the larger vehicles are going to fare much better in accidents. The liability limit space may actually make the rate higher for these cars, as your liability could be higher due to increased damage caused by whatever is it.

How do insurance companies decide if your vehicle is a sports car?

Some models may be considered a sports car by one company and a regular vehicle by another. There are some items insurance providers look at to determine which cars fall under the sports category.

Make & Model

But looking at both the make and the model of a vehicle is a big determining factor.

For vehicles that have power under the hood but may not be a traditional sports car, the insurance company will likely need to check out the car specs to determine if your rates will increase.

Number of Cylinders

In any case, a vehicle with eight cylinders will cost more to insure than one with four cylinders. But sports cars have more cylinders because they are high-performance vehicles with lots of power.

The Body Height & Weight

Insurance companies will also look at the height and weight of a vehicle. Sports cars are smaller and lighter than regular sedans, so they are quick and highly maneuverable.

Sports cars are usually coupe-style cars with two doors and are two-seater vehicles.

According to the auto insurance companies’ definition, there are several exceptions, such as the Aston Martin Rapide S and the Dodge Charger SRT Hellcat.

These are fast cars that have four doors and more than two seats, often require higher coverage, and are often classified as sports cars for insurance purposes.

A few of the most expensive cars to insure include the BMW 4 Series, Mitsubishi Lancer, and the Mercedes Benz S Class.

Are Dodge Chargers considered sports cars for insurance? Yes. Are Ford Mustangs considered sports cars for insurance? Yes. Is a Camaro considered a sports car for insurance? Yes? What about a Corvette, Challenger, Ferrari, Lamborghini, and Porsche? Yes. Those are easy. But where it gets more difficult: What about a Mini Cooper? Or a Dodge Dart?

Is a Mitsubishi Eclipse considered a sports car for insurance? What about a Hyundai Tiburon? Those are more difficult. The best way to get specific rate details is to compare quotes with the exact make and model of the vehicle you need and then shop around to find the cheapest sports car insurance rates.

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Online Search Tools to Buy Affordable Sports Car Insurance

This technique is probably a given in our wired society today. There are many, many websites available to the consumer to help one shop for cheap auto insurance quotes for a sports car.

From the comfort of your home, you can compare quotes from dozens of different insurance companies quite easily. Most of these online tools will allow you to customize your information to match your particular situation.

Information regarding engine size, mileage, number of miles driven per year, etc are also variables that one can enter to compare different scenarios.

With some of these sites, proof of insurance can be instantly available and printed immediately, providing peace of mind for the driver and his dream machine.

Oh, and be sure to give your baby a nice crib to sleep in. A sports car that is garaged overnight is going to earn a discount as well!

Looking to compare monthly vs. annual rates? One can compare possible savings realized almost instantly.

Shopping around for sports car insurance quotes is the best way to get the coverage you need at the cheapest rate. To find affordable sports car insurance rates near you, enter your ZIP to start getting quotes and find the sports car insurance company for you now.