Nobody wants to pay over the market price for a service, especially one that can be as costly as Maserati insurance.
Because Maserati model cars are considered both sports and luxury cars, it pays to shop around and do your research on car insurance policies.
Many elements shape the cost of car insurance coverage, and things such as your age and your driving record can create a huge difference in insurance rates.
One of the biggest overall factors that influence the cost of your premium is the make and model of your car.
To get an accurate picture of how much your Maserati insurance costs, you need to become aware of how providers consider sports car risks in relation to the car you drive.
How Much Does Maserati Auto Insurance Cost?
The cost of your premium is directly related to what car you drive and, as Maserati is considered a luxury brand, insurance will tend to be more expensive when compared to the average vehicle.
However, your rates are influenced by other important factors.
What follows in this guide is a detailed look at these elements, as well as other important information that you should keep in mind when shopping for insurance for your Maserati.
Maserati Safety Rating & Damage Threshold
Generally speaking, the better the safety ratings of a vehicle, the lower the price of the insurance.
The Insurance Institute for Highway Safety, Highway Loss Data Institute has awarded the 2020 Maserati Ghibli ratings of “Good” in its four “Crashworthiness” categories, and a rating of “Basic” in its “crash avoidance & mitigation” category.
These safety ratings and any added safety features in your new car could help reduce the price of your insurance premium.
Maserati Comprehensive & Collision Coverage
The overall cash value of your car is one of the most important factors in relation to the cost of comprehensive and collision coverage. Comprehensive coverage is essentially collision coverage plus protection from fire and hail damage, theft, and vandalism.
Kelley Blue Book lists the price of an entry-level 2020 Maserati Ghibli Base Style to be around $75,500 and the top-of-the-range Maserati Ghibli S Q4 GranLusso to be start around $89,800.
Both of these prices are for vehicles in the San Francisco area. These high prices are what you’d expect to pay for a luxury brand such as Maserati, and your car insurance quote will reflect this.
Maserati Claims Frequency & Potential to Cause Damage
The number of claims filed and the dollar loss experienced by drivers of a certain make of car also influence the rates that insurance providers charge.
The Maserati Ghibli 4-door has a 230 percent higher than average rate of collision claims, and 260 percent higher comprehensive claims rate, according to the Insurance Institute for Highway Safety, Highway Loss Data Institute.
These claim rates are some of the highest in its category.
Make and Model
Above all, the make and model of your car determine your insurance rates. The make is the brand, like Maserati or Ferrari. The model is the specific type of car within whatever brand you have chosen.
Maserati offers the following models:
- Maserati Ghibli
- Maserati Levante
- Maserati Quattroporte
- Maserati GranTurismo
- Maserati GranCabrio
Once you’ve narrowed down the model you want, talk to your local dealership about the different trim packages you can add as well. Also keep in mind the type of car, sedan, coupe, or SUV, will increase your car insurance premiums as well.
Maserati offers the following trim levels within their brand:
- Trim: S
- Trim: SQ4
- Trim: S GranLusso.
- Trim: SQ4 GrandLusso
- Trim: SQ4 GranSport
- Trim: S GranSport
- Trim: GTS GrandLusso
- Trim: GTS GrandSport
The more luxurious the add ons, the higher your premiums will be.
Maserati Insurance Discounts
There are a few ways that you can get a discount on your Maserati insurance. Confirming that your vehicle is equipped with the latest safety technology is a good way to lower the cost of your premium.
Maseratis come standard with anti-lock brakes and stability control. Some models are equipped with rear-facing cameras and forward collision warning systems.
Driver safety technology is a good way to reduce the cost of your premium and save money. Insurance providers like Allstate and Geico to name a few, analyze your driving history. If you take a defensive driving course or sign up for their driver safety mobile app, you can get a discount on your premiums.
Ask your local agent about good student discounts, multi-car, bundling, and military discounts before you get a quote.
What are the Best Companies for Maserati Insurance?
There are a few things that you can do to make sure you get the best deal on Maserati insurance.
First, obtain at least three quotes to see how prices and types of coverage compare to each other.
After you’ve found the one that’s right for you, read customer reviews—as many as you can—to help you get an idea of the claims servicing process.
Since Maserati is well-known for producing luxury and sporting cars, you may find that a specialty insurance policy provides more options.
Here are a few questions you can ask potential providers to see which discounts you may be eligible for:
- Do you offer low-mileage discounts?
- If I keep my car in a secure garage, can I receive a discount?
- My driving record is clean, is this reflected in the price of my premium?
What to Know About Maserati
Maserati, owned by its parent company, Fiat Chrysler, is an Italian automobile manufacturer famed for its luxurious and elegant cars.
Founded in 1914 by the Maserati brothers, Alfiert, Bindo, Carlo, Ettore and Ernesto, Maserati has a glamorous past in a variety of different motorsport forms.
Maseratis are famed for their impeccable construction, quality, and good looks.
Use the above guide to help you find an insurance company that’s going to protect your investment.
With a little research and time spent collecting quotes, you should find a policy that meets your needs and budget.*While we make every effort to keep our site updated, please be aware that "timely" information on this page, such as quote estimates, or pertinent details about companies, may only be accurate as of its last edit day. Huntley Wealth & Insurance Services and its representatives do not give legal or tax advice. Please consult your own legal or tax adviser.