How Much Is Lamborghini Insurance?
Discover how much you can expect to pay to insure your Lamborghini.
Written by
Ann Herro has been writing about insurance and employee benefits for over 15 years. She has covered topics as easy as insuring a car, and as difficult as transparency in healthcare costs.
Ferruccio Lamborghini founded Automobili Ferruccio Lamborghini in 1963 to compete with Ferrari. After decades of financial ups and downs, Lamborghini is now owned by the Volkswagen Group through its Audi subsidiary.
Lamborghini currently manufactures the powerful Huracan and the Urus SUV. The company ceased production of its Aventador model in 2022; it will be succeeded in 2024 by the Revuelto, an electric hybrid vehicle.
You’ll need the best car insurance you can find to protect your investment in a Lamborghini. And Lamborghini insurance is truly an investment, costing from $5,424 to $7,949 per year, on average.
Our guide to Lamborghini insurance provides information on how to get insurance and how much it might cost. In most cases, you’ll need to get coverage from an insurance company that specializes in coverage for high-end or collector cars.
You can get more information about Lamborghini insurance from an independent insurance agent who specializes in finding coverage for rare luxury vehicles.
In this article:
How Much Does a Lamborghini Cost to Insure by Model?
Are Lamborghinis Expensive to Insure?
What Is Collector Car Insurance for a Lamborghini?
Why Do Insurance Costs Differ between Lamborghini Models?
Where to Get Lamborghini Insurance
FAQs about Lamborghini Insurance
How Can an Independent Insurance Agent Help You Get Lamborghini Insurance?
How Much Does a Lamborghini Cost to Insure by Model?
The cost to insure a Lamborghini can vary depending on the model and its unique features. But you’ll find that no matter what model or model year Lamborghini you drive, your insurance costs will be quite high.
What’s more, you’ll likely need to look to a specialty insurer to cover your Lamborghini. Most standard insurers don’t cover Lamborghinis, and if they do, the premiums may be higher than you’ll find with a specialty insurance company.
Our research found that the average cost to insure a Lamborghini is $5,424 to $7,949 per year. Keep in mind that the national average for car insurance is $1,311 per year.
We’ve looked into the cost to insure several Lamborghini models and model years and found the following.
| Lamborghini Model | Average Cost of Car Insurance Per Year from Standard Insurance Company |
|---|---|
| 2014 Lamborghini Gallardo | $5,424 |
| 2010 Lamborghini Murcielago | $5,427 |
| 2018 Lamborghini Huracon | $6,665 |
| 2018 Lamborghini Aventador | $7,949 |
An independent insurance agent near you can help you find Lamborghini insurance for whatever model you invest in.
Are Lamborghinis Expensive to Insure?
Lamborghinis are very expensive to insure. Here are some reasons why:
- Vehicle value: Lamborghinis are not cheap to purchase, with ticket prices as high as $500,000. The high value of Lamborghinis is reflected in high insurance costs. If your Lamborghini were damaged or totaled, your insurance company expects to make a significant payout.
- Repair costs: Lamborghinis are expensive to manufacture and repair, with specialized, costly parts often having to be shipped from overseas. Any vehicle with expensive parts will cost more to insure.
Besides the costs related to replacing or fixing a Lamborghini, the personal characteristics of the owner also play a role in Lamborghini insurance costs. Your driving record, past claim history, age, gender, marital status, annual mileage, and other aspects of your driver profile can all contribute to higher (or lower) insurance costs, depending on how much risk you are perceived to have.
What Is Collector Car Insurance for Lamborghinis?
Most Lamborghini owners should consider a car insurance company specializing in exotic, collector, or antique cars. While your exact needs will depend on the model and age of your Lamborghini, a specialty insurer will usually be able to insure it properly. What’s more, specialty or collector car companies often offer better rates for these types of cars than most standard insurance companies.
Other benefits of using a specialty or collector insurance company for your Lamborghini include:
- Agreed-value coverage: Standard insurance companies determine the maximum amount they will pay on a vehicle based on its purchase price and depreciation. But Lamborghinis may not depreciate like other cars, and in some cases, their value actually increases over time. An agreed-value policy pays out an amount that both you and your insurance company agree that the car is worth.
- Specialized coverage: Collector insurance companies may be able to offer special coverages that are only applicable to high-end cars, such as coverage for when your car is on display at a car show or protection for special parts.
An independent insurance agent has access to a wide variety of insurance companies. A local agent can help you find the right insurance company to protect your Lamborghini.
Why Do Insurance Costs Differ between Lamborghini Models?
Car insurance costs differ by model depending on several factors. We found that for Lamborghinis, the value of the vehicle had the greatest impact on the cost of insurance. The most expensive model — the Aventador — cost the most to insure, while the model with the lowest initial value — the Gallardo — had the lowest insurance cost among the Lamborghini models reviewed.
Where Can I Get Lamborghini Insurance?
Many standard car insurance companies do not cover Lamborghinis. Here are some highly-rated insurance companies that offer insurance for high-value, exotic, or collector cars.
An independent insurance agent in your area can help you find the best insurance company for your Lamborghini.
FAQs about Lamborghini Insurance
Yes, Lamborghini insurance is expensive. Our research shows that Lamborghini insurance can range from $5,454 to $$7,949 per year. Your Lamborghini insurance costs will be above or below the average for the brand, depending on the model, model year, and your driving profile.
Lamborghinis are expensive to insure mainly because of their high value and high cost to repair or replace. Lamborghinis are also very powerful and fast, increasing the risk of accidents.
Lamborghini insurance can be hard to find in some cases. Many standard car insurance companies do not cover Lamborghinis, so you may need to find a policy from a carrier that covers luxury, exotic, or collector cars.
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How Can an Independent Insurance Agent Help You Get Lamborghini Insurance?
You can get Lamborghini insurance by working with an independent insurance agent in your area. Independent agents can help you shop around and compare quotes from companies specializing in insuring luxury cars. With access to numerous insurance companies nationwide, an independent agent can ensure you get the coverage you need for your Lamborghini.
https://www.valuepenguin.com/lamborghini-car-insurance