So how much does it cost to insure a 2020 ferrari? F8. I paid 260 a month and again it's nothing crazy. As like a weekend car, i make sure that my insurance company is aware that i drive it less than 3 000 miles a year. If you're unaware of this, you might want to reach out to your insurance company by having a primary car, that's normally less expensive, and then this as your secondary or weekend car can save a lot of money on those monthly insurance policies.