Maserati is an automotive brand with Italian roots and a long history. Today, it’s a subsidiary of Stellantis, which also owns the Fiat, Alfa Romeo, Chrysler, Dodge, Jeep, and Ram brands. While the brand has significant luxury presence and cachet, its cars are also known for being expensive to maintain and repair. Insuring a Maserati therefore involves much more than choosing standard limits and a deductible. High vehicle values, specialized repair needs, and limited parts availability can affect both the premium and which insurers will offer coverage. Some insurers may also ask about annual mileage, secure storage, appraisals, or driver experience.
The premiums on this page are based on MyChoice’s internal quote data. They compare Maserati auto insurance costs by model and Ontario city, examine whether used models are cheaper to insure, and show how Maserati compares with other high-end brands.
Planning for Maserati Insurance in Ontario
Maserati insurance costs a median of $5,114 per year in Ontario, 118% higher than the $2,345 median for all vehicles in our data. On a model-specific median basis, the Grecale GT is the cheapest Maserati to insure at approximately $4,855 per year, while the Quattroporte Modena is the most expensive at $5,900.
| Median Maserati premium (Ontario) | $5,114 |
| Maserati vs Ontario all-vehicle median | +118% |
| Cheapest Maserati model to insure in Ontario | Grecale GT (~$4,855) |
| Most expensive Maserati model to insure in Ontario | Quattroporte Modena (~$5,900) |
| Cheapest alternatives to insure | MINI ($2,003), Fiat ($2,445), Alfa Romeo ($2,936), Porsche ($3,663) |
How Maserati Figures Vary by Model and City
In our city-specific median data, a 2024 Grecale in Brampton has the highest premium at $8,717 per year, even though it does not have the highest listed price among the vehicles shown. A more expensive 2021 Quattroporte in Kitchener costs $5,452 to insure, $3,265 less than the Grecale. This demonstrates that factors such as driver location can affect a quote as much as or more than the vehicle’s outright value.
| City | Model | Model Year | List Price | Median Annual Car Insurance Premium |
|---|---|---|---|---|
| Brampton, ON | Grecale GT | 2024 | $101,971 | $8,717 |
| Kitchener, ON | Quattroporte Modena | 2021 | $144,753 | $5,452 |
| Ottawa, ON | Levante GT | 2022 | $123,567 | $4,500 |
| Toronto, ON | Ghibli GT | 2022 | $107,622 | $5,195 |
What New and Used Maserati Estimates Suggest
A used Maserati is estimated to cost $4,904 per year to insure, compared with $5,268 for a new one. That is a saving of $364 per year, or about $30 per month. Specialized parts and labour costs can make collision and comprehensive coverage valuable even on used Maseratis that still hold significant value.
Owners should also confirm whether the policy uses actual cash value or agreed value, what documentation is required, and whether higher deductibles or limits on replacement transportation apply.
| Vehicle | Median Annual Car Insurance Premium |
|---|---|
| New Maserati | $5,268 |
| Used Maserati | $4,904 |
Maserati at the Exotic End of the Market
Maserati has the highest median premium among the specialty brands shown, at $5,114 per year. However, it is only $111 more expensive than Aston Martin, about $9 per month. The difference is larger when compared with Land Rover, at $1,230 per year, and Porsche, at $1,451.
| Car brand | Median Annual Car Insurance Premium |
|---|---|
| MINI | $2,003 |
| Fiat | $2,445 |
| Alfa Romeo | $2,936 |
| Porsche | $3,663 |
| Land Rover | $3,884 |
| Aston Martin | $5,003 |
| Maserati | $5,114 |
From Grecale to MCPURA: Maserati’s 2026 Range
Maserati Canada’s 2026 model range includes the Grecale SUV, GranTurismo coupe, GranCabrio convertible, MCPURA coupe and open-top MCPURA Cielo, along with limited high-performance derivatives. All cars offer gasoline engines, while electric powertrains are offered on selected models.
Discontinued Maserati nameplates such as the Ghibli, Levante, and Quattroporte remain available on the used vehicle market in Canada. Note that as these cars age, repair costs — and therefore insurance premiums — are likely to get more expensive.
Maserati Insurance and Safety Questions
What should an Ontario driver expect to pay for Maserati insurance?
Maserati insurance costs a median of $5,114 per year in Ontario, based on MyChoice’s internal quote data.
Are Maserati Cars Safe and Reliable?
While reliability studies such as the 2026 J.D. Power U.S. Vehicle Dependability Study don’t typically rank Maserati due to a lack of data, the brand has a reputation for being somewhat unreliable and expensive to repair. Only the Maserati Ghibli has ever been crash-tested by the Insurance Institute for Highway Safety (IIHS), and while tests results were incomplete, it performed well in crashworthiness.