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Article Contents
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated on March 09, 2025

Visit author page
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated on March 09, 2025

Visit author page

1 minute read

Article Contents

About Maserati Car Insurance

With a production cap of 75,000 cars per year—worldwide—it’s no surprise that Maseratis fetch a tidy price tag, and unfortunately, the more it costs to repair or replace a vehicle, the more it costs to insure. However, that doesn’t mean you can’t find cheap Maserati car insurance.

At MyChoice, we make comparing car insurance rates easy. In three minutes or less, you can compare rates from up to 30 of Canada’s top providers with one form in one place. We aim to ensure you can rest easy, knowing you have the lowest possible rate. Get a quote for your car today.

How Much Does it Cost to Insure Your Maserati in Canada?

It costs around $1,415 per year to insure your Maserati in Canada. The price will vary depending on your Maserati model, year make, region you live in, and driving history.

Here’s how much it would cost you on average to insure your Maserati in the following cities in Canada:

CityAverage Annual
Insurance Premium
Toronto, ON$2,350
Ottawa, ON$1,581
Markham, ON$2,689
Cambridge, ON$1,804
Edmonton, AB$1,552
Medicine Hat, AB$1,229
Montreal, QC$879
Moncton, NB$998

How Maserati Car Insurance Costs Compare to Similar Vehicle Brands

Based on Mychoice’s internal customer quote data, we place Maserati’s insurance rates on the higher end among luxury brands. With an average premium of $1,415, Maserati’s rates are higher than Mercedes and Porsche’s but remain lower than BMW and Audi’s. Here’s a brief comparison:

Car ModelAverage Annual
Insurance Premium
Maserati$1,415
Mercedes$1,275
Porsche$1,327
BMW$1,498
Audi$1,600

Maserati Car Insurance Rates Through The Years

In the past five years, Maserati vehicle insurance rates have increased consistently. Below is an overview of the Maserati insurance premiums in recent years:

Maserati Car Insurance Rates by Model & Year Make

When insuring your Maserati, your chosen model significantly impacts the insurance rates. Our detailed analysis below provides a comprehensive view of the insurance costs for various Maserati models from different years.

A Brief History of Maserati

Maserati’s inspiring tale of wondrous engineering begins with six Italian brothers in 1914. The brothers operated Maserati from a small workshop as racing enthusiasts and designed racing cars to help them compete.

Their success resulted in a boom, with a limited number of cars being shipped worldwide between 1920 and 1930. The brand changed hands several times after that, surviving WW2, the Guidizzolo tragedy, the 1973 oil crisis, and a recession to land in the hands of Fiat Chrysler Automobiles (FCA) in 1993. Today, Maserati produces luxury cars with style, elegance, and speed.

Most Popular Maserati Vehicles

This luxury automaker has released some incredible models in the last century. Their most popular models include the Maserati Alfieri, Quattroporte, GranTurismo, Ghibli, and Tipo. Newer models, such as the Maserati Levante, are also on the rise.

Whatever Maserati model you drive, we can help you find the best insurance at the lowest possible rate.

Maserati Car Insurance FAQs

Which Maserati model is the cheapest to insure in Canada?

The Maserati Levante V6 is the cheapest model to insure in Canada, with an average annual insurance premium of $1,154.

Methodology

Sample Size

We analyzed over 50,000 auto insurance quotes across Canada.

Profiles

Average rates were calculated using a standard profile and incident profiles. All personal details pertaining to the quotes and policies have been kept confidential.

Standard Profile

Single driver, one car, currently insured, and a pristine driving record. Our base profile is a 35-year-old individual (both male and female) with a spotless driving record.

Incident Profiles

We examined how rates change by evaluating profiles with a clean record (standard), one at-fault accident, a single speeding ticket, license suspension for alcohol related offenses and insurance cancellation due to non-payment.

Age and Homeownership

Profiles from age 18-65 (standard: 35 years) were considered. Depending on age, individuals might rent or own their homes. Age-related regulations may vary across provinces.

Team

MyChoice data science, MyChoice research.

Sources

1. Mychoice.ca Internal Data, Maserati Car Insurance Rates, Car Insurance Quotes Collected, 2024.

2. Mychoice.ca Internal Data, Maserati Car Insurance Rates, Car Insurance Quotes Collected, 2024.

3. Mychoice.ca Internal Data, Maserati Car Insurance Rates, Car Insurance Quotes Collected, 2020-2024.

4. Mychoice.ca Internal Data, Maserati Car Insurance Rates, Car Insurance Quotes Collected, 2024.

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