• News
  • Guides
  • Reviews
  • Media
  • About
  • News
  • Guides
  • Reviews
  • Media
  • About
Sign up Now (For Free)

Sign up for our newsletter and receive the latest automotive news in your inbox!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Thanks for subscribing!
News
Read Now
  • All News
  • Automakers
  • Automobiles
  • Auto Shows
  • Business
  • EVs & Environment
  • Guides
  • Lawsuits/Legal
  • Regulatory
  • Ride-Sharing
  • Safety & Recalls
  • Technology
Recent
  • Q&A: Mazda North America’s CEO Jeff Guyton
  • Tesla Owners Stung by Capitalism
  • Mercedes Updates GLE Models for 2024 Model Year
  • First Look: Mazda’s Bigger, More Luxurious New CX-90
  • GM Net Income Rises for Q4 But Falls for Full Year 2022
  • GMC Launches Production of Hummer SUV; Needs Until 2024 to Fill Outstanding Orders
  • Vehicle Sales Up for January Despite Ongoing Challenges
  • Bidding Adieu to Bugatti’s W16 Engine
  • Ford “Significantly” Raising Production of Mustang Mach-E While Reducing Prices “Across the Board”
  • Week Ahead: Numbers, Numbers and More Numbers
Editor’s Choice
    Reviews
    Read Now
    • All Reviews
      • Feeder
    • Classic Cars
    • Concept Cars
    • Convertibles
    • Coupes
    • Crossovers/CUVs
    • Diesel
    • Hot hatches
    • Hybrids
    • Luxury Vehicles
    • Minivans
    • Muscle Cars
    • Pickups
    • Sedans
    • Sports Cars
    • Super Cars
    • SUVs
    Recent Reviews
    • A Week With: 2023 Hyundai Palisade Calligraphy
    • A Week With: 2023 Ford F-150 Raptor R 4x4 Super Crew
    • A Week With: 2023 Genesis Electrified G80 AWD
    • A Week With: 2023 Land Rover Defender 110 V-8
    • First Drive: 2023 Honda Pilot TrailSport
    • A Week With: 2023 Jaguar F-Type R Coupe
    • A Week With: 2023 GMC Yukon Denali Ultimate
    • A Week With: 2023 Genesis GV60 Performance
    • A Week With: 2023 Chevrolet Suburban Z71
    • A Week With: 2023 Lexus UX 250h F Sport
    Editor’s Choice
      Guides
      Car Warranty
      • Endurance Warranty Reviews
      • BMW Extended Warranty
      • Extended Warranty For Cars Over 100k Miles
      • Extended Car Warranty Cost
      • Subaru Extended Warranty
      • CarShield Reviews
      • CarShield Cost
      • Aftermarket Car Warranty
      • CARCHEX Warranty Reviews
      • Reputable Extended Car Warranty Companies
      • Used Car Warranty Companies
      • Best Car Warranty
      • Is CarShield A Scam?
      • Mercedes Extended Warranty
      • CarShield Plans
      Insurance
      • How To Identify A Car Insurance Company
      • Geico Mechanical Breakdown Insurance
      • How Far Back Does A Car Insurance Company Look
      • Mechanical Breakdown Insurance For Used Cars
      • State Farm Mechanical Breakdown Insurance
      • Mechanical Breakdown Insurance From Progressive
      • Dollar A Day Insurance
      • Auto Insurance For SSI Recipients
      • Car Insurance Rates After A Suspended License
      • Auto Insurance For Salvage Vehicles
      • Average Cost of Dodge Ram 1500 Car Insurance
      • Car Insurance Florida
      • Full Coverage Auto Insurance
      • GrubHub Insurance
      • Amazon Delivery Auto Insurance
      Shipping
      • Car Shipping Companies
      • uShip Reviews
      • Auto Shipping From California To Hawaii
      • Montway Auto Transport Reviews
      • Cheap Car Shipping
      • Easy Auto Ship Reviews
      • Auto Shipping Miami
      • Auto Shipping To Alaska
      • Car Shipping Cost
      • Auto Shipping Hawaii
      • Auto Shipping Puerto Rico
      • Sherpa Auto Transport Reviews
      • Auto Shipping Atlanta
      • Auto Shipping Boston
      • Auto Shipping. Chicago
      About
      • About Us
      • Contact Us
      • Terms of Use
      • Privacy Policy
      • Affiliate Disclosure
      • Sitemap
      TheDetroitBureau.com

      More than just “another” place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. TheDetroitBureau doesn’t stop with the press releases or confuse a few lines of opinion with insightful, in-depth reporting.

      Contact Us

      Like what you see? Have some ideas for making The Detroit Bureau.com even better? Let us know, we’d love to hear your voice.

        Media
        Listen Now
        • Headlight News: All Episodes
        More from TheDetroitBureau
        • Guides
        • Latest News
        • Auto Reviews
        • Podcasts
        Headlight News

        TheDetroitBureau.com’s Headlight News offers a look at the past week’s top automotive news stories, as well as what’s coming up in the week ahead. Check out the week’s top story and our latest review…along with a dive into the past with this week in automotive history.

        home > guides > Insurance > How Much is Lamborghini Car Insurance?

        How Much is Lamborghini Car Insurance?

        Lamborghini car insurance often costs thousands per year and isn’t the easiest to find.

        TDB Reviews Team
        TDB Reviews Team
        Dec. 22, 2022

        FIND OUT HOW MUCH YOU CAN

        SAVE ON YOUR CAR INSURANCE

        SAVE ON YOUR CAR INSURANCE

        Affiliate Disclosure

        Many people dream of owning a Lamborghini due to their outstanding performance, high-quality materials and luxury features. However, owners of these vehicles usually face a hefty price tag and steep monthly rates for Lamborghini car insurance.

        Our team ranked the best auto insurance companies to reveal which ones offer quality coverage for Lamborghinis at relatively reasonable rates. The easiest way to find competitive prices, though, is by comparing free quotes for car insurance from various providers at once.

        It’s Tough To Find Lamborghini Car Insurance

        One of the first things to know about Lamborghini car insurance is that you won’t be able to get it from all auto insurance companies. The reason is that many major insurers don’t offer coverage for exotic cars such as Lamborghinis.

        The decision not to insure brands like Lamborghini is typically financial. Luxury cars are significantly more expensive overall than nonluxury cars, and they’re also pricier to repair. The potential payouts that auto insurance companies make for more expensive cars are larger, then.

        Even with higher premiums, some insurers don’t want the hassle of dealing with such expensive cars. After all, Lamborghini models are usually some of the priciest vehicles on the market. Consider auto insurance for supercars if you’re needing to cover a vehicle by Lamborghini, Maserati or Ferrari.

        What Insurers Cover Lamborghinis?

        Lamborghini is an Italian automaker, but it’s actually owned by Volkswagen’s subsidiary of Audi. Motorists have a much more difficult time finding auto insurance coverage for Lamborghinis, though, as many leading insurers won’t cover these specific cars.

        While drivers rarely have luck getting coverage from GEICO, Liberty Mutual or Progressive, the following companies will typically protect Lamborghinis:

        • Allstate
        • Farmers
        • State Farm
        • Specialty insurers like Hagerty

        Reach out for multiple auto insurance quotes to figure out which companies offer Lamborghini car insurance at somewhat affordable prices.


        Lamborghini Car Insurance is Expensive

        As mentioned, your auto insurance company’s repair and replacement costs on a Lamborghini are far higher than for other brands. To compensate for this, car insurers charge premiums of somewhere between $5,000 and $10,000 per year for Lamborghini car insurance.

        Why is Lamborghini Car Insurance So Expensive?

        The price of replacements and repairs isn’t the only factor behind the high premiums for Lamborghini models. Car insurance companies also assume that it’s easier to drive recklessly or above the speed limit when you have a high-performance vehicle.

        Another factor that increases rates is that almost every Lamborghini owner should carry full coverage auto insurance to protect such a valuable car. The greater the amount of coverage you carry, the more expensive your monthly premiums will cost.

        If you’re leasing or financing a Lamborghini, you should also buy gap insurance in case your car gets totaled. You may also want to add an umbrella insurance policy, though it’s not considered necessary.

        How Much Coverage Do I Need?

        Nearly all motorists must carry minimum coverage car insurance to legally drive, and this is also true of those looking for Lamborghini car insurance. That typically means you’ll need bodily injury liability coverage and property damage liability insurance, and in some states uninsured motorist coverage is also necessary.

        While the average cost of minimum coverage is often low, that’s not true of the most expensive cars on the market like Lamborghinis. Expect to pay a steep insurance price when getting even a basic Lamborghini insurance quote such as for minimum coverage. 

        Additional options for Lamborghini car insurance include collision coverage and comprehensive coverage. Minimum liability insurance covers only damages to other vehicles after an accident you caused, so these two add-on coverages are critical for the protection of your Lamborghini.


        Factors That Affect Lamborghini Car Insurance Rates

        There’s a long list of factors that can affect rates for Lamborghini car insurance. To begin, each Lamborghini model comes at a different price point and carries its own auto insurance cost.

        Car insurance premiums also hinge on the following factors:

        • The location where you live
        • Your driving record and claim history
        • Your current credit score
        • Your age and gender
        • Whether multiple vehicles are insured on the same car insurance policy
        • If car coverage is bundled with homeowners insurance or life insurance

        As with nearly any insurance policy, you can lower your monthly premiums by increasing your deductible. Make sure you can afford to pay the deductible if necessary, though.

        Lamborghini Car Insurance Rates Vary by Model

        There’s more than one Lamborghini model on the market, and each comes at a different cost. Note that roadsters and coupes may have varying auto insurance premiums as well. Below are the automaker’s current models:

        • Lamborghini Aventador
        • Lamborghini Huracan
        • Lamborghini Urus

        You’ll typically pay a higher Lamborghini insurance cost for a new model versus for an older one like the Gallardo or the Murcielago. Still, the agreed value of any Lambo will all but guarantee an expensive rate when you go to buy car insurance.

        Check for Auto Insurance Discounts

        If you’re looking to save some money on Lamborghini car insurance, make sure to check whether you’re eligible for savings. Keep in mind that available discounts vary by provider.

        The following are some savings that could potentially apply when insuring your Lamborghini:

        • Safe driver discount
        • Multi-policy discount
        • Multi-car discount
        • Vehicle safety features discount
        • New car discount
        • Low mileage discount
        • Defensive driving course discount

        Check with potential providers to see whether other discounts could be available when searching for Lamborghini car insurance.


        Our Recommendations for Auto Insurance

        We’d suggest State Farm and Allstate if you’re looking for relatively cheap auto insurance on a Lamborghini. Make sure to compare quotes from these companies and from specialty insurers such as Hagerty to find the best rate possible.

        FIND OUT HOW MUCH YOU CAN

        SAVE ON YOUR CAR INSURANCE

        SAVE ON YOUR CAR INSURANCE

        State Farm: Best Overall

        State Farm is our Best Overall pick for auto insurance due to its exemplary customer service and multiple discount opportunities. State Farm offers classic car coverage and sports car insurance for drivers who are searching for ways to protect their Lamborghinis.

        Allstate: Quality Insurance Coverage

        Drivers who need Lamborghini car insurance can typically pick up classic car coverage from Allstate. The company is known to protect expensive models from Lamborghini, though its prices are often on the higher side.


        Frequently Asked Questions (FAQs)

        How much does Lamborghini car insurance cost?

        Lamborghini car insurance can be very expensive, often costing between $5,000 and $10,000 per year. The price depends on where you live, the value of your vehicle, your driving history and factors such as whether you’re a homeowner or if you opt to bundle policies.

        How much is an oil change for a Lamborghini?

        Having the oil changed in a Lamborghini can cost anywhere from $500 to $2,000. A standard  oil change costs around $50 for most vehicles, so it’s far pricier when you own a Lamborghini.

        Do luxury cars cost more to insure?

        Yes, the cost of insurance for luxury vehicles is almost always greater due to their higher values. Auto insurance companies charge higher monthly premiums to make sure that they’re able to cover potential repair and replacement costs for more expensive vehicles.


        Methodology

        The Detroit Bureau collects data from every major car insurance provider to formulate rankings of the best insurers. Our in-depth rating system takes into account market share, coverage, auto insurance rate estimates generated by Quadrant Information Services, customer satisfaction and ratings from industry experts. Each insurer is given a weighted score in four categories, as well as an overall score out of 10.0.

        We recommend auto insurance companies based on these rankings, but we also encourage you to perform your own research and compare quotes to find the best coverage.

        Recently Published
        Instructor with clipboard writing result of exam in car, closeup.

        What Discounts Does Esurance Provide?

        Dec. 22, 2022
        cheap auto insurance after accident

        How to Get Cheap Auto Insurance After an Accident

        Dec. 22, 2022
        postmates auto insurance

        Domino’s Pizza Auto Insurance: What Coverage Do You Need?

        Dec. 22, 2022

        FIND OUT HOW MUCH YOU CAN

        SAVE ON YOUR CAR INSURANCE

        SAVE ON YOUR CAR INSURANCE

        Share this article:
        © The Detroit Bureau 2023
        • Guides
        • Privacy Policy
        • Terms of Use
        • Affiliate Disclosure
        • Contact Us
        • Sitemap
        Follow Us: