Porsche 718 Cayman Insurance Rates

Average insurance prices for a Porsche 718 Cayman are $1,690 every 12 months for full coverage insurance. Comprehensive insurance costs an estimated $356 a year, collision insurance costs $716, and liability is $460. Liability-only coverage costs around $510 a year, and high-risk coverage costs $3,688 or more. 16-year-old drivers receive the highest rates at up to $6,258 a year.

Average premium for full coverage: $1,690

Rate estimates broken down by individual coverage type:

Includes $500 physical damage deductibles, liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all 50 states and 718 Cayman trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can have significant affects on the price of insurance. More rural locations tend to have more infrequent physical damage claims than congested cities. The diagram below illustrates the difference between rural and urban areas on insurance prices.

These examples illustrate why it is important to compare rates quotes for a targeted area and their own driving history, instead of using rate averages.

Use the form below to get customized rates for your location.

More Rate Information

The chart below illustrates average Porsche 718 Cayman insurance rates for other coverage scenarios.

• The best full coverage rate is $948
• Raising to $1,000 deductibles will save approximately $1,446 each year
• The average price for a 40-year-old driver who has $500 deductibles is $1,690
• Buying low $100 deductibles costs an extra $476 every year
• At-risk drivers with multiple tickets or accidents could pay up to $3,688
• The cost to insure a teen driver can cost as much as $6,258

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Car insurance rates for a Porsche 718 Cayman can also vary considerably based on policy deductibles and limits, your risk profile, and the model year and trim level.

Opting for high physical damage deductibles can reduce rates by up to $720 every year, while buying higher liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will cost as much as $414 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles may pay as little as $1,600 every 12 months on average for full coverage. Rates are highest for teen drivers, since even excellent drivers will be charged at least $6,200 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are probably paying $2,000 to $2,800 extra per year, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 45% to 132% more than the average rate. View High Risk Driver Rates

Where you live also has a big influence on Porsche 718 Cayman insurance prices. A middle-age driver might find rates as low as $1,110 a year in states like North Carolina, Wisconsin, and Vermont, or at least $2,280 on average in Florida, New York, and Michigan.

View Chart as Image

How to Shop for the Cheapest Porsche 718 Cayman Insurance

Saving money on car insurance consists of being a safe and courteous driver, maintaining a good credit score, avoid buying unnecessary coverage, and possibly higher deductibles. Set aside time to compare rates once a year by obtaining price quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

Below is a recap of the data that was covered above.

• It is possible to save approximately $210 per year just by quoting early and online
• Policyholders who want higher levels of liability will pay around $510 annually to raise from a minimum limit to a 250/500 level
• Teenage drivers have the highest car insurance rates, costing up to $522 per month if the policy includes full coverage
• Higher risk drivers that have major violations or accidents could be forced to pay on average $2,000 more annually for auto insurance