Skip to main content
Ratehub logo
Ratehub logo

Get the best sports car insurance quotes in Canada

Compare personalized sports car insurance quotes from Canada's top providers, in less than 5 minutes. Best of all it's free to compare online today.

How to compare sports car insurance quotes with

  1. Share information

    Tell us a little about yourself and your auto coverage needs.

  2. Compare quotes

    We instantly show you sports car insurance quotes from top Canadian providers.

  3. Save money

    Choose your quote and secure your sports car insurance rate online.

A few things we're proud of

  • 1,200,000

    monthly users

  • 11 years


  • Over 1M

    better choices made

  • Trusted partner

    to Canada’s top financial institutions

What is sport car insurance?

Most car insurance policies are written for standard vehicles: those driven to and from work, to run errands and to take your kids to school. And most cars can go fast – but not all cars were designed to go fast. Sports cars, however, were made to reach top speeds and push the limits of acceptable risk for auto insurers.

Sports cars may be thrilling to drive, their ability to accelerate quickly makes them more expensive to insure, which is why they get their own classification of auto insurance in Canada.

What do insurers consider a sports car?

There is no one industry-wide definition of a sports car. Still, in general, they tend to have the following attributes:

  • Two doors
  • Weigh less than a standard vehicle
  • Low profile
  • V8 engine (or faster) for high performance

A V6 may hit higher RPM's than a V8, but for insurance purposes, the concern is how fast the car can accelerate to its top speeds. 

However, each insurance company will have its own precise definition, so inquire to see if your car qualifies.

How sport car insurance works in Canada

High peformance car insurance works the same as car insurance with the same basic coverages and add-ons available. 

Third-party liability insurance

Accident benefits

Uninsured motorist

Collision insurance (optional)

Comprehensive insurance (optional)

Compare sports car insurance quotes

Do you feel the need for speed? In under 5 minutes you can compare personalized quotes from multiple providers, for free.

How much does sports car insurance cost?

The insurance industry, in general, is concerned with one thing: risk. When a company agrees to provide car insurance, they collect premiums from you in exchange for a promise to reimburse you should anything happen to you or your car. When setting premiums, insurance companies look at the car type and the likelihood that it will have any future claims.

Sports cars have several characteristics that make them riskier than the average vehicle:

  • They are designed for speed. This increases the chances that they could be in an accident.
  • They are lightweight. Lighter cars are not as safe as their heavier counterparts and tend to fare worse in a collision.
  • They are more prone to theft. Because sports cars are often expensive, they are more likely to catch the eye of prospective thieves.
  • They are expensive to repair. Replacement parts are costlier than those of an average car.
  • They are often driven by young men, which is a well-known high-risk insurance demographic. (Men, in general, pay higher insurance premiums because statistically, they get in more accidents than women.)

As a result of these details and characteristics, insurance premiums are more expensive than premiums for standard everyday vehicles.

Cheap sports car insurance examples

Below is a list of the cheapest sports cars to insure broken down by age. To compare performance car quotes, we used a male with a clean driving record who lives in Toronto's downtown core. He only drives for pleasure, using transit to commute to work. He parks underground. We're using 2018 models, meaning the car is a few years old. You can see how insurance gets cheaper with a longer history of safe driving.

Frequently asked sports car insurance questions

How to save money on sports car insurance

Who offers sports car insurance?

Matt Hands, Business Director of Insurance

With 6+ years of experience at, Matt’s focus has been on growing its newest business unit, Insurance. He is a thought leader and a valuable resource to respected publications across Canada. read full bio

Find more great content on our blog

read more on our blog

The knowledge bank

A wealth of knowledge delivered right to your inbox.

By submitting your email address, you acknowledge and agree to’s Terms of Use and Privacy Policy. Contact us for more information. You can unsubscribe at any time.


Whether you need a mortgage, credit card, savings account, or insurance coverage, we help you find and compare the best financial products for your specific needs.

When it comes to mortgages, is more than just a place to research and compare the best rates. Our goal is to give Canadians the best mortgage experience from online search to close. This means offering Canadians the mortgage tools, information and articles to educate themselves, allowing them to get personalized rate quotes from multiple lenders to compare rates instantly, and providing them with the best online application and offline customer service to close their mortgage all in one place. has been named Canada's Mortgage Brokerage of the Year for four years straight (2018-2021). With over 12 years of mortgage experience, and over $11 billion in mortgages funded, we deliver you the best mortgage experience in Canada.

How does make money?

Financial institutions pay us for connecting them with customers. This could be through advertisements, or when someone applies or is approved for a product. However, not all products we list are tied to compensation for us. Our industry-leading education centres and calculators are available 24/7, free of charge, and with no obligation to purchase. To learn more, visit our About us page.

read more about us