The Fastest Cars With Cheap Insurance

The Fastest Cars With Cheap Insurance

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We found that the 2019 Cadillac ATS ranked as the cheapest sports car to insure, with an average annual cost of $2,085 for our sample 40-year-old male driver. The 2019 Cadillac ATS was also the cheapest performance car to insure for young drivers.

Fast cars with the cheapest insurance

The 2019 Cadillac ATS is the best fast car with cheap insurance when you factor in its low coverage rate and blistering speed. This Cadillac not only features a zero-to-60 time well under five seconds, but it also has the lowest insurance quotes — with car insurance costs 28% less than average across the fast cars we surveyed.

Cheapest sports cars to insure.

Our research shows that the average cost to insure a car with a zero-to-60 time of less than five seconds is $2,894 per year.

Rank
Vehicle
0-60 time
Average annual rate
12019 Cadillac ATS4.05$2,085
22016 Audi TTS 2.0 Quattro4.62$2,318
32020 Ford Mustang GT Premium4.09$2,417
42020 Nissan 370Z Nismo4.57$2,453
52020 Corvette Stingray 1LT3.35$2,562
62016 Porsche Boxster Spyder3.88$2,606
72016 Lexus RC F4.15$2,614
82018 BMW M24.51$2,645
92016 Porsche Cayman GT43.86$2,799
102016 Dodge Challenger SRT Hellcat3.32$2,932
112019 Jaguar F-Type P3402$2,941
122019 Cadillac ATS-V4.05$3,027
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If you're looking for fast cars with cheap insurance, high-powered domestic cars — such as the Ford Mustang or Chevy Corvette — are the perfect intersection of speed and affordable insurance.

The American branded cars not only feature more affordable insurance rates than the foreign makes we surveyed, but they also have an average zero-to-60 time of 3.57 seconds. This is more than half a second faster than the average for the European and Asian makes we surveyed.

Vehicle type
Average 0-60 time
Average annual rate
Domestic3.57$2,763
Foreign4.10$2,964
All3.91$2,894

Fast cars with cheap insurance for young drivers

Like our sample 40-year-old male driver, the sports car with the cheapest insurance for young drivers is the 2019 Cadillac ATS.

  • This vehicle's annual insurance cost for our 25-year-old male driver is $2,625, which is 28% cheaper than the $3,635 average across all of the vehicles we surveyed.
  • Additionally, the Corvette's rates were $289 less per year than the next-cheapest sports car to insure, the 2016 Audi TTS 2.0 Quattro.

Another notable sports car with cheap insurance for young drivers is the 2020 Nissan 370Z Nismo. Although the Nissan 370Z NISMO doesn't have the same straight-line speed and is more expensive to insure than the Ford Mustang, for instance, it is one of the most affordable fast cars we considered. The Nissan's market value of $36,846 makes it the cheapest sports car in our study.

Rank
Vehicle
0-60 time
Average annual rate
12019 Cadillac ATS4.05$2,625
22016 Audi TTS 2.0 Quattro4.62$2,914
32020 Ford Mustang GT Premium4.09$3,058
42020 Nissan 370Z Nismo4.57$3,128
52020 Corvette Stingray 1LT3.35$3,208
62016 Porsche Boxster Spyder3.88$3,258
72018 BMW M24.51$3,305
82016 Lexus RC F4.15$3,307
92016 Porsche Cayman GT43.86$3,520
102016 Dodge Challenger SRT Hellcat3.32$3,650
112019 Jaguar F-Type P3402$3,696
122020 BMW M2 Competition4.3$3,800
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Why is insurance more expensive for sports cars?

Performance cars often have higher insurance rates because insurers consider them more likely than other vehicles to get in an accident that results in an insurance claim.

Additionally, sports cars are more expensive to repair. When setting rates, insurers consider how often car owners of a particular make and model file a claim. Since sports cars are capable of reaching high speeds and are more likely to be driven irresponsibly, they are more often involved in accidents. Because insurance costs are often so high for these vehicles, the best way you can get the cheapest insurance for your sports car is to compare cheap rates from multiple insurance companies.

Another reason fast cars are often associated with high insurance costs is that they are expensive to repair and replace — especially in the case of the European sports cars. We found that annual insurance costs for the cheapest performance cars, with values between $35,000 and $50,000, were 21% lower than they were for the most expensive vehicles — with values of more than $65,000 — that we surveyed.

Car cost vs. annual insurance cost.

Most affordable sports cars

The 2020 Nissan 370Z Nismo was the cheapest sports car included in our survey. This car can be bought for around $36,846, which is 41% less than the $62,259 average cost across the cars we considered. Just because the Nissan is one of the cheapest sports cars we considered doesn't mean it's not fast.

The 370Z Nismo boasts a zero-to-60 time of 4.57 seconds and is capable of producing more than 300 horsepower.

Rank
Vehicle
Vehicle cost
0-60 time
Average annual rate
12016 Nissan 370Z Nismo$36,8464.57$2,453
22016 Audi TTS$42,0394.62$2,318
32020 Ford Mustang$45,1304.09$2,417
42016 Dodge Challenger$50,6203.32$2,932
52016 Lexus RC F$50,8724.15$2,614
62018 BMW M2$54,5004.51$2,645
72020 BMW 2-Series$58,9004.30$3,030
82020 Chevrolet Corvette$66,4003.35$2,562
92016 Porsche Boxster$66,5013.88$2,606
102019 Cadillac ATS$67,7954.05$2,085
112019 Cadillac ATS-V Coupe$67,7954.05$3,027
122016 Porsche Cayman$68,5263.86$2,799
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Methodology

Vehicle specs — such as zero-to-60 time and vehicle cost — were gathered from CarSpecs.us. Our study included coupes and convertibles with model years between 2016 and 2020, zero-to-60 times of less than five seconds and prices of $75,500 or less. For vehicles with multiple model years and trims that met this criteria, the most recent car model was chosen.

Unless otherwise noted, insurance rates represent the cost of a full-coverage policy for a 40-year-old male driver with a clean record living in Indiana. We gave our driver the following coverage limits:

Coverage type
Study limits
Bodily injury liability$50,000 per person/$100,000 per accident
Personal injury protection$10,000
Property damage liability$25,000 per accident
Uninsured/underinsured motorist bodily injury$50,000 per person/$100,000 per accident
Comprehensive and collision$500 deductible

Quadrant Information Services supplied ValuePenguin with the rate data used in this analysis. Quotes were publicly sourced from insurer filings and are intended for comparative purposes only. Your own quotes will likely differ.

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.