Compare providers in your area.
Your information is secure
The average insurance costs for a Ferrari 488 is $868 per month — $10,416 per year . Your actual cost could be more or less depending on your driving record, the number of miles you drive in a year and other factors.
The 488 Spider’s average insurance rate is $868 per month or $10,416 per year. That cost is nearly $9,000 above the national average of $1,426 per year. Compare that to the GTB’s average insurance rate, a slightly lower $783 per month, or $9,396 per year. However, the price is still nearly $8,000 above the annual national average.
| Model | Monthly insurance rate | Base car Price |
|---|---|---|
| 488 GTB | $783 | $245,400 |
| 488 Spider | $868 | $272,700 |
| 812 | $1,188 | $335,275 |
| California T | $648 | $202,723 |
| F12 Berlinetta & TDF | $1,015 | $319,995 |
| FF | $935 | $295,000 |
| GTC4 Lusso | $953 | $300,000 |
Compare providers in your area.
Your information is secure
Both versions of the 488 come with high average insurance rates. You’ll find the 488 Spider a tad pricier, though, due to its convertible top. In addition, you may consider add-on coverages for wider protection, which will raise your insurance cost.
The Ferrari 488 GTB costs more to insure because it’s a sports car made for speed. It’s V8 engine power make it high-risk for accidents. Also, this luxury Italian vehicle has costly parts and repairs hiking up the price to insure.
This car comes with a variety of safety features that may qualify you for safety discounts on insurance:
This car can hold its own around the racetrack or on the road. Because of that, its insurance rates stay well above average. Other reasons it costs more to insure:
Both the GTB and Spider have had recalls in their first years on the market. After several rounds of making these cars, though, Ferrari has improved its production. Other than a few recalls, these cars have little safety and reliability data to work with.
The Ferrari 488 is a pricey car to insure, going thousands above the national insurance average. On the upside, you can choose the coupe version for a lower premium, and the car comes with discountable safety features.
Compare car insurance providers or look at costs for another make or model.
Find out if Priority Plus Financial’s advertised loans are worth it or just a sales hook.
Where to get a holiday loan in 2024 and whether it makes sense for you.
Modak has no monthly fee, but it’s slim on features. Greenlight starts at $5.99 but is a value for big families.
Get the capital your business needs to grow with repayments that adapt to your revenue.
We’ve compared the best cash advance apps for quick cash — find the right one for your needs.
A review of Beyond Finance, a company that offers debt settlement and consolidation loans.
1. Make a budget 2. Create a savings plan 3. Automate savings 4. Pay yourself first 5. Use a high-yield account 6. Do a savings challenge…
To save $10K: 1. Automate savings 2. Invest 3. Budget 4. Open a high-yield savings account 5. Cut down on spending 6. Pay off debt…
A review of Arrowhead Advance, a tribal lender that charges interest rates up to 830% and has numerous bad reviews.
There aren’t many personal loans with no credit check. True no credit check loans include cash advance apps, payday loans and more.