Porsche 718 Cayman Insurance Rates

The average insurance prices for a Porsche 718 Cayman are $1,690 every 12 months for full coverage insurance. Comprehensive costs around $356 a year, collision insurance costs $716, and liability costs around $460. Liability-only coverage costs as low as $510 a year, and high-risk coverage costs around $3,688. Teen drivers cost the most to insure at up to $6,258 a year.

Average premium for full coverage: $1,690

Policy rates for type of insurance:

Prices include $500 policy deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and 718 Cayman trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on car insurance rates. Areas with sparse population are shown to have more infrequent physical damage claims than larger metro areas. The diagram below illustrates how location helps determine auto insurance rates.

The examples above illustrate why it is important to compare prices for a specific zip code and their own driving history, instead of using price averages.

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

Rate Comparisons

The chart below illustrates average Porsche 718 Cayman insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $948
• Using higher $1,000 deductibles will save about $1,446 each year
• The average price for a good driver age 40 using $500 deductibles is $1,690
• Choosing low $100 deductibles for physical damage coverage increases the price to $2,166
• Drivers with multiple violations and an at-fault accident could pay at least $3,688
• Policy cost to insure a teen driver can be $6,258 or more

View Chart as Image

Insurance rates for a Porsche 718 Cayman also range considerably based on liability limits and deductibles, your risk profile, and the trim level and model year.

Choosing high deductibles could cut rates by as much as $720 every year, while buying higher liability limits will increase rates. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $414 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher deductibles may pay as little as $1,600 a year, or $133 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay as much as $6,200 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying at least $2,000 to $2,800 additional every year, depending on your age. A high-risk auto insurance policy can be as much as 45% to 132% more than average. View High Risk Driver Rates

Your home state has a huge impact on Porsche 718 Cayman insurance prices. A driver around age 40 might see rates as low as $1,110 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $2,280 on average in Michigan, New York, and Florida.

View Chart as Image

How to Shop for the Right Porsche 718 Cayman Insurance

Finding cheaper rates on car insurance requires avoiding accidents and claims, having above-average credit, being claim-free, and deciding if full coverage is necessary. Invest time comparing rates every couple of years by quoting rates from direct insurance companies, and also from your local independent and exclusive agents.

The points below are a quick rundown of the material that was covered in the charts and tables above.

• Policyholders who may need increased liability limits will pay about $510 annually to increase from a 30/60 limit to a 250/500 level
• Drivers under the age of 20 are charged the highest rates, possibly costing $522 each month if full coverage is included
• Higher risk drivers with reckless driving or DUI convictions may pay on average $2,000 more every year to insure a Porsche 718 Cayman
• Increasing comprehensive and collision deductibles could save as much as $725 each year