Compare Ferrari car insurance estimates from Australian providers. Whether you drive a 296 GTB, SF90, Roma, or Purosangue, find specialist cover for your exotic supercar - comprehensive, third party, or fire & theft.
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Ferrari is one of the most iconic supercar brands in the world, with a growing community of owners in Australia. From the mid-engine 296 GTB to the brand's first SUV - the Purosangue - Ferraris represent some of the highest-value vehicles on Australian roads. Insuring a Ferrari requires specialist attention due to the extreme value, performance, and repair costs involved.
From an insurance perspective, Ferraris are among the most expensive vehicles to insure in Australia. Premiums typically range from $5,000 to $15,000 or more per year for comprehensive cover. Not all mainstream insurers will cover exotic vehicles, so specialist or agreed-value policies from providers experienced with high-value cars are worth exploring.
Owners may find that specialist insurers or brokers - such as Chubb, Swann, or brokers like Rothbury - may offer more tailored coverage for Ferraris. Agreed-value policies are particularly important for exotic cars, as market value policies may not reflect the true replacement cost. See our full Australian car insurance comparison for more.
Estimated annual comprehensive insurance costs for popular Ferrari models in Australia. Based on a 35-year-old driver with a clean record in Auckland.
| Model | Type | Approx. Value (Used) | Est. Comprehensive/yr | Insurance Group | Notes |
|---|---|---|---|---|---|
| Ferrari 296 GTB | Supercar | $450,000–$550,000 | $8,000–$12,000 | Very High | Hybrid V6 supercar. Mid-engine layout with exceptional performance. |
| Ferrari SF90 Stradale | Hypercar | $700,000–$950,000 | $12,000–$18,000 | Very High | Plug-in hybrid with nearly 1,000 HP. Among the most expensive to insure. |
| Ferrari Roma | Grand Tourer | $380,000–$480,000 | $7,000–$10,000 | Very High | Elegant front-engine GT. One of the more 'accessible' Ferraris. |
| Ferrari Portofino M | Convertible GT | $380,000–$470,000 | $7,000–$10,000 | Very High | Retractable hardtop convertible. Popular for Australian touring. |
| Ferrari F8 Tributo | Supercar | $500,000–$650,000 | $9,000–$14,000 | Very High | Twin-turbo V8 mid-engine supercar. Outstanding performance. |
| Ferrari 812 Superfast | Supercar | $550,000–$750,000 | $10,000–$15,000 | Very High | Front-engine V12. Extreme power and high insurance costs. |
| Ferrari Purosangue | SUV | $600,000–$800,000 | $10,000–$15,000 | Very High | Ferrari's first SUV. V12 engine. Very high demand in Australia. |
| Ferrari 488 GTB (used) | Supercar | $350,000–$500,000 | $7,000–$11,000 | Very High | Previous-generation mid-engine V8. Strong used market in Australia. |
| Ferrari 458 Italia (used) | Supercar | $280,000–$400,000 | $6,000–$9,000 | Very High | Naturally aspirated V8 classic. Values have been rising. |
Disclaimer: All prices shown are indicative estimates based on publicly available data and typical driver profiles as of early 2026. Actual premiums vary based on your vehicle, location, driving history, and chosen cover level. These figures are not quotes. Always obtain a personalised quote from the insurer directly. We do our best to keep all data up to date and accurate. If you've noticed something incorrect, please let us know.
Choose the right level of protection based on your Ferrari's value and usage.
Covers damage you cause to other vehicles or property. Your Ferrari is not covered. Rarely chosen for vehicles of this value, but may suit Ferraris kept as non-road-registered display cars.
Adds fire and theft protection for your Ferrari. Provides some coverage for stored vehicles but leaves you exposed to accident damage, which is a significant risk given repair costs.
Full protection for your Ferrari. Covers accident damage, theft, fire, weather, vandalism, and third-party liability. Strongly suited to vehicles of this value. Agreed-value policies are worth considering to lock in your Ferrari's replacement cost.
Understanding these factors can help you find the best Ferrari insurance in Australia.
A Roma is less expensive to insure than an SF90 Stradale. Model, engine size, and horsepower all heavily influence premiums for exotic vehicles.
Insurers may require drivers to be over 25 or even 30 for exotic car cover. Extensive driving experience and a clean record are typically expected.
Urban locations like Auckland carry higher premiums. Insurers consider theft risk, traffic density, and proximity to authorised repair facilities.
Most insurers require Ferraris to be garaged in a locked, secure facility. GPS tracking systems and alarm systems can help reduce premiums.
Agreed-value policies are essential for Ferraris. They lock in the payout amount, preventing disputes over the car's worth if it is written off or stolen.
Limited-mileage policies may reduce premiums. Ferraris used only on weekends or for club events may qualify for lower rates than daily-driven vehicles.
Practical ways to manage your Ferrari insurance premium without sacrificing cover.
Insurance brokers with exotic car experience - such as Rothbury or Crombie Lockwood - can access specialist underwriters who may offer more competitive rates for Ferraris.
Agreed-value policies cost slightly more but ensure you receive the full agreed amount if your Ferrari is written off. This is worth considering for any exotic vehicle.
Raising your excess from $2,000 to $5,000 can reduce your premium. Only do this if you can comfortably cover the higher excess in the event of a claim.
Storing your Ferrari in a locked garage with security systems can significantly reduce premiums. Some insurers require this as a condition of cover.
If your Ferrari is a weekend or event car, a limited-mileage policy may offer lower premiums. Declare your expected annual kilometres accurately.
Club membership may provide access to group insurance schemes or specialist brokers familiar with Ferrari valuations and cover requirements.
Key facts about Ferrari vehicle security and safety considerations in Australia.
Ferraris are high-value theft targets, though their rarity in Australia means they are difficult to sell or strip for parts domestically. Most modern Ferraris include advanced factory security systems. Insurers typically require additional security measures for exotic vehicles.
Ferraris feature advanced safety technology including carbon-ceramic brakes, traction control, and stability systems. However, the extreme performance capabilities mean driver skill is a significant factor in accident risk. Some insurers may require evidence of advanced driving training.
Common questions about insuring your Ferrari in Australia.
Disclaimer: The information on this page is for general informational purposes only and does not constitute financial advice. While we strive for accuracy, insurance products, pricing, and terms change regularly. Always verify details directly with the insurer before making any decisions. If you need personalised advice, consider consulting a licensed financial adviser. For more information, visit the Financial Markets Authority (FMA).
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