Cheap Lamborghini Auto Insurance in 2024 (Save Money With These 10 Companies)

The top companies for cheap Lamborghini auto insurance are Geico, AAA, and State Farm, which have the best exotic car coverage options and discount opportunities.

While it doesn’t have as many specialty coverage options for high-end cars, Geico has some of the best car insurance for luxury cars because of its cheap rates and solid customer service.

Our Top 10 Company Picks: Cheap Lamborghini Auto Insurance

Learn more about finding the cheapest luxury car insurance for Lamborghinis below. Then, enter your ZIP code into our free comparison tool to see how much you might pay today.

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#1 – Geico: Top Pick Overall

Pros

• Competitive Rates: Geico tends to have the cheapest insurance for Lamborghini, particularly if you have a speeding ticket on your driving record.
• Excellent Customer Service: Although it has its fair share of complaints, most customers report satisfaction with Geico’s customer service experience. Read more reviews in our Geico auto insurance review.
• Convenient Tools: With a focus on the digital, you can use Geico’s convenient website or mobile app to manage your policy.

Cons

• Limited Agent Interaction: Geico has fewer agents than some of its competitors, which can make it difficult to get face-to-face help.
• No Specialization for Luxury Cars: While it has the cheapest Lamborghini insurance rates, Geico doesn’t offer coverage designed specifically for exotic, high-end vehicles.

#2 – AAA: Best for Roadside Assistance

Pros

• Roadside Assistance Plans: When you need the best exotic car insurance, a roadside assistance plan is a must. AAA offers three roadside plans – read our AAA auto insurance review to learn more.
• Bundling Discount: AAA offers several discounts to help drivers save. Lamborghini owners should consider buying their home insurance from AAA to earn a bundling discount.
• Membership Benefits: Aside from excellent car insurance for Lamborghinis, AAA membership also gives you access to special deals on travel, hotels, shopping, and more.

Cons

• Claims Processing Varies: According to some AAA members, the AAA claims resolution process can be sluggish.
• Membership Fees: Drivers can’t purchase AAA car insurance without paying the membership fee. Membership fees usually don’t exceed $129 per year.

#3 – State Farm: Best for Classic Lamborghinis

Pros

• Classic Car Coverage: Drivers with older Lamborghinis can find specialized coverage for their classic car with State Farm. To see what State Farm’s classic car coverage entails, read our State Farm auto insurance review.
• Personalized Service: State Farm has an extensive network of local agents, so you can easily find help picking the right car insurance for your Lamborghini.
• Financial Stability: M. Best gives State Farm a rating of A++, indicating that it is a financially stable company.

Cons

• Rates can be high for luxury cars. State Farm often has reasonable rates for Lamborghinis, but it doesn’t always have the cheapest luxury car insurance. Make sure to compare rates before you sign up for a State Farm policy.
• Limited Specialized Coverage: Aside from classic car coverage, State Farm doesn’t have specialized car insurance meant for high-end luxury cars.

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#4 – Travelers: Best for Policy Customization

Pros

• Discounts for High-End Cars: Travelers has 15 discounts to help keep Lamborghini insurance costs low, including up to 10% for driving a new car. See more discount options in our Travelers auto insurance review.
• Customizable Policies: You can find plenty of coverage options for your Lamborghini car insurance policy from Travelers, including new car replacement and gap insurance.
• Affordable Rates: How much is insurance on a Lamborghini from Travelers? Quotes depend on a variety of factors, but Travelers usually offers affordable quotes.

Cons

• Limited Availability in Some Regions: Travelers is a great option for cheap Lamborghini auto insurance quotes, but you’ll need to check availability for luxury cars in your area.
• Slower Claims Process: Travelers usually receives excellent praise for its claims process. However, exotic car owners often say the process takes longer for Lamborghinis due to the complex nature of repairs.

#5 – Progressive: Best for Online Policy Management

Pros

• Innovative Digital Tools: Progressive has some of the best online tools for policy management, making it easy to update your coverage and start claims. Learn more about Progressive’s tools in our Progressive auto insurance review.
• Flexible Coverage: Enhance the protection in your Lamborghini car insurance policy with Progressive’s excellent add-ons. Popular choices for Lamborghini owners include loan/lease payoff and custom parts and equipment coverage.
• Loyalty Discounts: Progressive offers 13 discounts, including savings for customer loyalty. You’ll start to receive a loyalty discount automatically after your first year of coverage.

Cons

• Coverage Limitations: Progressive has coverage limits that may make it difficult to cover a Lamborghini’s expensive price tags.
• Limited Experience: It may offer affordable Lamborghini insurance rates, but Progressive has more experience with standard cars than exotic vehicles.

#6 – American Family: Best for Avoiding Aftermarket Parts

Pros

• Luxury Coverage Options: You’ll never have to fight with your insurance during repairs after a covered incident with American Family’s original equipment manufacturer coverage.
• Superb Customer Service: American Family consistently receives excellent reviews for its customer service. Learn more in our American Family auto insurance review.
• Savings Opportunities: With 18 discounts available, it’s easy to find cheap Lamborghini car insurance with American Family.

Cons

• Claims Scrutiny: It takes a long time to get your American Family claim resolved when you drive a Lamborghini. American Family scrutinizes Lamborghini claims much more closely than it would for a standard vehicle.
• Limited Availability: Today, American Family only offers car insurance in 19 states.

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#7 – Nationwide: Best for UBI Savings

Pros

• SmartRide and SmartMiles: You can save up to 40% on your Lamborghini insurance quote with SmartRide, as long as you’re a safe driver. You can also find cheap rates with SmartMiles if you’re a low-mileage driver.
• Extensive Network of Agents: Nationwide agents span the country coast-to-coast, so finding in-person help is a breeze.
• Excellent Coverage Options: It doesn’t have the longest list of add-ons, but American Family offers a few valuable coverage options. Explore these options in our Nationwide auto insurance review.

Cons

• Claims can be slow. Like many other companies, exotic auto insurance claims can take a long time to resolve with American Family coverage.
• Limited Exotic Coverage: American Family lacks policy options that are designed with exotic vehicles in mind.

#8 – Farmers Insurance: Best Selection of Discounts

Pros

• Ample Discount Opportunities: Farmers has one of the largest selections of discounts on the market, with 23 options to take advantage of.
• Experienced Agents: Farmers agents have the experience needed to handle any insurance situation, including complicated Lamborghini claims.
• Coverage Options: Purchase extra Farmers coverage for your Lamborghini, such as new car replacement, gap insurance, and roadside assistance.

Cons

• Higher Rates: Despite having so many discounts, Farmers is often one of the pricier options for car insurance. Explore Farmers rates in our Farmers auto insurance review.
• Availability Varies: Farmers sells auto insurance in all 50 states, but coverage availability depends on where you live. Make sure to check with a representative before you sign up for insurance on a Lamborghini.

#9 – Allstate: Best for Full Coverage Policies

Pros

• Coverage Options for Exotic Cars: If you want a full coverage policy for your Lamborghini, Allstate is a great place to look. You can purchase coverage like extended vehicle care and sound system insurance from Allstate.
• Huge Network of Agents: Allstate focuses on personalized service. It may not be the best place to buy Lamborghini insurance online, but people looking for in-person help should try Allstate.
• Variety of Discounts: Explore all of Allstate’s 12 discounts, including the UBI program Drivewise, in our Allstate auto insurance review.

Cons

• Higher Rates: Allstate has great coverage options, but how much is full coverage on a Lamborghini? You’ll pay higher rates with Allstate than nearly any other company.
• Customer Complaints: Although Allstate usually has solid customer reviews, many policyholders with high-end vehicles say the claims process is frustratingly slow.

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#10 – Liberty Mutual: Best for Responsive Claims

Pros

• RightTrack: Liberty Mutual’s UBI program RightTrack offers safe drivers a discount of up to 30%. See if RightTrack might work for you in our
• Diverse Coverage Options: You can purchase a variety of add-ons from Liberty Mutual, like OEM parts coverage and a lifetime repair guarantee. Keep in mind, though, that add-ons increase your Lamborghini auto insurance rates.
• Responsive Claims: Liberty Mutual does not seem to fall into the trap of slow claims, according to customer reviews. See how customers rank this company in our Liberty Mutual auto insurance review.

Cons

• Inconsistent Customer Service: Liberty Mutual gets mixed reviews. Some drivers are loyal Liberty Mutual customers, while others are less than impressed.
• Average Rates: Liberty Mutual isn’t the most expensive option for car insurance, but it’s not the worst.

Lamborghini Auto Insurance Costs

How much is insurance for a Lamborghini? As one of the most famous luxury brands, Lamborghinis come with large price tags. Standard Lamborghinis start at around $200,000, but some limited editions can cost up to $5 million. Like all other expensive luxury cars, the cost of insurance on a Lamborghini can be much higher than standard coverage.

The best auto insurance for supercars costs more for several reasons, but the primary cause is repair and replacement costs. The more it costs to repair or replace a car, the more an insurance company will charge for insurance. Other reasons include that drivers of high-performance vehicles are more likely to get tickets for reckless driving or speeding. Check below to see how much you might pay.

Lamborghini Auto Insurance: Monthly Rates by Coverage Level & Provider

It can be challenging to find affordable Lamborghini insurance, but there are a few ways for owners to keep coverage costs down. One of the first steps you should take when looking for Lamborghini car insurance prices is comparing auto insurance rates with multiple companies.

Understanding Lamborghini Auto Insurance Rates

When insurance companies craft rates, they don’t decide on a price randomly. Instead, companies try to determine how likely you are to file future claims — the riskier you are, the more you’ll pay for insurance.

Unfortunately, high-performance vehicles like Lamborghinis are automatically considered risky vehicles.

As a result, your insurance company must pick up the bill when your car needs repairs, and Lamborghinis cost a lot to fix. The risk of a hefty repair bill is one of the main reasons Lamborghini car insurance prices are so high.

Several other factors also affect your auto insurance rates. Some of the most common include:

• Model of Your Vehicle: With some Lamborghinis costing a few hundred thousand and others millions, the specific model you purchase will greatly determine how much you pay, i.e., the price of your car will impact your auto insurance rates.
• Location: One of the most important factors auto insurance companies check is your address. Some ZIP codes have more accidents, car thefts, and traffic incidents than others, meaning you can see different rates by moving even a few blocks over.
• Age and Gender: Men and young drivers are more likely to get into accidents, drive recklessly, and get into other traffic incidents. New drivers and men pay more for car insurance for this reason, but rates drop around age 25. Learn why auto insurance costs more for young drivers.
• Driving History: Since companies are trying to determine how likely you are to file a claim, your driving history will significantly impact your rates. Auto insurance companies check driving records, so you might need high-risk car insurance if you have too many infractions.
• Credit Score: Your credit score will impact auto insurance rates. Companies look at your credit score for two reasons: to see how likely you are to pay your bills on time and because people with lower scores are more likely to file claims.
• Marital Status: Married couples file fewer claims than single people, so most major insurance companies offer a marital status discount.

Insurance costs for Lamborghinis can be high for certain demographics, especially young drivers. For example, an 18-year-old can pay up to 121% more for Lamborghini insurance than an older driver.

A final consideration to make for insurance costs on a Lamborghini is how often you plan to drive it. Some people use a Lamborghini for daily driving, while others only take it out on special occasions. If you don’t frequently drive your vehicle, you can save by looking at cheap auto insurance for infrequent drivers or low-mileage car insurance.

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How to Get Lamborghini Auto Insurance

Trying to figure out how much a Lamborghini’s insurance costs is trickier than for standard cars. Some insurance companies simply don’t offer auto insurance for exotic cars, including Lamborghinis, Ferraris, and Aston Martins.

Companies offering insurance for Lamborghinis often don’t provide quotes online, meaning you’ll need to speak with a representative.

To see if a company offers online Lamborghini quotes, you can start filling out its quote request form. Take a look below to see how to get started.

Some companies like State Farm and Farmers provide online quotes for expensive luxury cars, but you can also call or speak with a representative in person if your preferred company doesn’t. You should also consider what discounts you might qualify for, which you can check below.

If you’re struggling to find insurance for a Lamborghini, you can also try companies covering collector cars. Collector car insurance companies specialize in coverage for rare, exotic vehicles and might provide better protection than a standard company.

Collector Auto Insurance for Lamborghinis

One of the major reasons collector car insurance might be the best option for a Lamborghini is that they often appreciate in value. Unlike most standard cars, which lose value over time, a Lamborghini’s value could increase.

Aside from the benefit of agreed value, collector car insurance is usually cheaper than standard coverage. Drivers could see rates 44% less than with a regular car insurance policy. If you drive a Lamborghini, looking at the best auto insurance companies that offer agreed value might be your best bet for affordable coverage.

Find the Best Lamborghini Car Insurance Today

How much is Lamborghini insurance per month? Now that you have an idea of how to evaluate auto insurance quotes for an expensive, exotic car like a Lamborghini, finding affordable coverage should be your next step.

You’ll see different prices based on your unique situation, but comparing Lamborghini auto insurance rates is the best way to ensure you find the lowest quotes. Enter your ZIP code into our free comparison tool to see how much you might pay today.

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