Ever wonder how much it costs to insure an Enzo Ferrari? Basic information given for a 21 year old driver would cost annually.. $16,645.08 USD to insure a Ferrari Enzo in the Phoenix, AZ area. So estimated monthly payments are $1,387.09 USD. This taken into account with highest deductibles possible. No deductible would bring the insurance rate up to.. $27,629.88 USD annually, or $2,302.49 USD monthly. Just for fun, the cost of insuring an Enzo Ferrari, Ferrari F50 and F40 would cost..$22,564.08 USD annually, monthly $1,880.34 USD w/deductibles. w/o..$36,491.78 USD annually, monthly $3,040.98 USD.