Luxury Car Insurance Cost for 2022

How much does luxury car insurance cost? Find out which small, midsize, and large models rank highest in our luxury car insurance quotes comparison.

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Luxury cars from nameplates like BMW, Mercedes-Benz and Audi have stiff competition from the luxury SUV segment, but future growth is forecasted to be around 6% per year through 2025 due to a focus on comfort, safety, and the shift towards electric powertrains.

With a range of MSRPs from $27,300 for an Acura ILX to a starting price of $184,900 for the Mercedes-Benz Maybach S580, the cost of insurance for luxury cars also has a lot of variability.

Let’s start by taking a look at the small luxury car segment and see how those 19 models compare in our insurance cost rankings.

What is the cheapest compact luxury car to insure?

The cheapest 2022 model year small luxury car to insure is the Mercedes-Benz A220, costing $1,486 annually. For a semi-annual or 6-month policy term, drivers can expect to pay around $743. To work this cost into a monthly budget, figure around $124 each month for full coverage.

Second and third place honors for the cheapest luxury car insurance rates go to the BMW 330i, costing $1,598 per year, and the Acura TLX at $1,608 annually.

The table below ranks the segment from number one to 19 for insurance affordability.

Small Luxury Car Insurance Cost Comparison
Rank Make/Model Annual Cost Monthly Cost
1Mercedes-Benz A220$1,486$124
2BMW 330i$1,598$133
3Acura TLX$1,608$134
4Volvo S60$1,624$135
5BMW 330e$1,630$136
6BMW 228i$1,640$137
7BMW 230i$1,650$138
8Alfa Romeo Giulia$1,678$140
9Cadillac CT4$1,682$140
10Lexus RC 350$1,686$141
11Genesis G70$1,708$142
12Audi A4$1,752$146
13Audi S3$1,756$146
14Mercedes-Benz C300$1,802$150
15BMW M235i$1,838$153
16Audi RS 3$1,844$154
17BMW M240i$1,872$156
18Lexus IS 350$1,884$157
19BMW M340i$1,890$158

    Get Rates in Your AreaWhy is this important?

    Table Data Details: Average rates are based on 2022 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on April 29, 2022
    Small Luxury Car Insurance Cost Comparison

    Ranked last out of the 19 vehicles in the small luxury car class is the BMW M340i, costing an estimated $1,890 per year for auto insurance. That is $404 more each year compared to the cheapest small luxury car to insure, the Mercedes-Benz A220.

    The average rate for the entire 2022 small luxury car class is $1,717 per year, which is $166 more than the average rate for all types of vehicles insured in the U.S.

    What is the cheapest midsize luxury car to insure?

    For the midsize luxury segment, the cheapest model to insure is the Acura ILX, costing an estimated $1,392 per year. This breaks down to $696 for a 6-month policy or $116 per month. With the average midsize luxury car costing $2,003 per year for insurance, the Acura ILX ranks well at $611 less per year.

    The other models ranked in the top five midsize luxury cars with the cheapest insurance cost include the Lexus RC 300 at $1,676 per year, the Mercedes-Benz AMG CLA35 at $1,716, the BMW i4 at $1,726, and the Cadillac CT5 at $1,732.

    Midsize Luxury Car Insurance Cost Comparison
    Rank Make/Model Annual Cost Monthly Cost
    1Acura ILX$1,392$116
    2Lexus RC 300$1,676$140
    3Mercedes-Benz AMG CLA35$1,716$143
    4BMW i4$1,726$144
    5Cadillac CT5$1,732$144
    6Audi A3$1,750$146
    7Mercedes-Benz AMG CLA45$1,756$146
    8Mercedes-Benz CLA250$1,768$147
    9Lexus ES 250$1,772$148
    10Lexus IS 300$1,774$148
    11Lexus ES 350$1,780$148
    12Genesis G80$1,816$151
    13Audi S5$1,840$153
    14BMW 530i$1,876$156
    15Lexus ES 300h$1,882$157
    16Mercedes-Benz E350$1,896$158
    17BMW 530e$1,912$159
    18BMW 540i$1,914$160
    19Audi S4$1,924$160
    20BMW M440i$1,926$161
    21Mercedes-Benz E450$1,932$161
    22Audi A6$1,986$166
    23Jaguar XF$1,990$166
    24Lexus IS 500$2,014$168
    25BMW 430i$2,034$170
    26Mercedes-Benz CLS450$2,050$171
    27Audi RS 5$2,150$179
    28Mercedes-Benz AMG C43$2,166$181
    29Audi S6$2,182$182
    30Infiniti Q50$2,204$184
    31Mercedes-Benz AMG C63$2,234$186
    32BMW M550i$2,320$193
    33Audi A7$2,378$198
    34Tesla Model S$2,416$201
    35Lexus LC 500h$2,448$204
    36Audi S7$2,570$214
    37BMW M8$2,586$216
    38BMW M5$2,618$218

      Get Rates in Your AreaWhy is this important?

      Table Data Details: Average rates are based on 2022 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on April 29, 2022
      Midsize Luxury Car Insurance Cost Comparison

      Coming in last out of the 38 vehicles in the 2022 midsize luxury car segment is the BMW M5, costing an average of $2,618 annually to insure.

      The difference between the cheapest insurance on the Acura ILX and the most expensive for the BMW M5 is $1,226 per year, or around $102 per month. When compared to the national average auto insurance rate of $1,551, the average midsize luxury car costs $452 more per year.

      What is the cheapest large luxury car to insure?

      Ranked #1 for cheapest luxury car insurance rates in the large car segment is the Audi A5, costing an average of $1,776 per year. The large luxury car segment as a whole averages $2,392 per year, so expect to pay around $616 less on average to insure the Audi A5.

      In second place, the Volvo S90 costs $1,960 per year, and third place goes to the Lexus LS 500 at $2,034 annually. The full list of all 25 large luxury cars is ranked by car insurance cost from cheapest to most expensive below.

      Large Luxury Car Insurance Cost Comparison
      Rank Make/Model Annual Cost Monthly Cost
      1Audi A5$1,776$148
      2Volvo S90$1,960$163
      3Lexus LS 500$2,034$170
      4Mercedes-Benz AMG E53$2,068$172
      5Genesis G90$2,070$173
      6Mercedes-Benz AMG GT43$2,116$176
      7Lexus LS 500h$2,178$182
      8BMW 840i$2,190$183
      9BMW 745e$2,230$186
      10Mercedes-Benz EQS 450$2,282$190
      11Infiniti Q60$2,290$191
      12Mercedes-Benz S500$2,318$193
      13Audi RS 7$2,324$194
      14Mercedes-Benz EQS 580$2,342$195
      15BMW M850i$2,496$208
      16Mercedes-Benz S580$2,500$208
      17BMW 740i$2,520$210
      18Audi S8$2,558$213
      19BMW 750i$2,580$215
      20Audi A8$2,588$216
      21Porsche Panamera$2,634$220
      22Mercedes-Benz S560$2,750$229
      23BMW Alpina B8$2,886$241
      24BMW M760i$2,978$248
      25Mercedes-Benz Maybach S580$3,132$261

        Get Rates in Your AreaWhy is this important?

        Table Data Details: Average rates are based on 2022 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on April 29, 2022
        Large Luxury Car Insurance Cost Comparison

        The most expensive large luxury car to insure is the Mercedes-Benz Maybach S580, costing $3,132 per year. It will cost around $1,356 more to insure a Mercedes-Benz Maybach S580 each year compared to the cheapest large luxury car to insure, the Audi A5.

        How much does luxury car insurance cost?

        For small luxury cars, the average car insurance rate for 2022 is $1,717 per year. Midsize luxury cars have an average insurance cost of $2,003 per year. And finally, large luxury cars have an average insurance cost of $2,392 per year.

        Which luxury cars have the cheapest insurance rates?

        For the small luxury car segment, the cheapest model to insure is the Mercedes-Benz A220, costing $1,486 per year. For midsize luxury sedans, the cheapest car insurance rates are on the Acura ILX, costing $1,392 per year. An finally, the cheapest large luxury car to insure is the Audi A5, costing $1,776 per year.

        What does luxury car insurance cost per month?

        For small luxury cars like the BMW i3 or the Acura TLX, the average monthly car insurance rate is $143 for full coverage. Midsize luxury cars like the Audi A3 or Lexus ES 350 have an average monthly auto insurance cost of $167. Large luxury cars like the Infiniti Q60 or BMW 740i have an average monthly car insurance cost of $199.