The world’s most expensive cars to insure

When it comes to choosing a car, it’s a good idea to also consider how much it will cost to insure, as well as how it looks and drives.

With speed, engine and age being factored into the insurance quote, there are many ways the price could go up or down – and where you live also makes a difference.

If you’re a new driver, these prices will be even higher, but they can be lowered with the help of a black box, which monitors your driving. There are specialist insurers such as WiseDriving that can lower the cost of what you pay, based on how safely you drive.

The most expensive car to insure is a Bentley Mulsanne, which at an average price would cost just shy of £4,000 per year to insure. Torpedoing other cars in insurance by four to five times, it’s definitely a pricey vehicle. Bentley’s themselves are famously expensive, and with high priced cars, usually comes a high priced insurance. Also in this bracket is a Rolls-Royce Wraith and the Rolls-Royce Dawn.

However, when you have £250,000 to splash on a car, £4,000 perhaps doesn’t seem so steep, but it’s still not a light amount of cash to drop.

Following swiftly behind the Bentley and Rolls-Royce are McLarens, which tend to be very pricey cars – but they’re also pricey to insure. For a car that can hit 200mph, it’s not surprising that they cost around £3.5k a year for insurance.

Most people find that the longer they’ve been driving, the more their insurance drops, but with pricier cars, there’s only so much the price can decrease by.

Despite having years of driving experience and a lengthy no claims bonus, you’ll still be paying out thousands if you have a surprisingly expensive vehicle.

While your driving history does impact your insurance premium, there are many other factors that increase the price, including your lifestyle. If you’re planning to use your car to commute to work and back every day, you’ll be on the road more often, and therefore have a higher risk of being involved in a collision. Where you leave your car overnight and during the day also affects the price of your insurance.

The value of your vehicle is a large factor when it comes to insurance, particularly if the parts are expensive or difficult to get hold of. Any modifications will also make it pricier, whether it’s just appearance or if it increases the power.

While there are some simple ways to decrease your insurance, such as doing fewer miles, installing a black box and not commuting by car, if you are particularly interested in a pricier car, it’s going to be harder for you to find cheap insurance.