Porsche Cayman Insurance Rates

The average insurance rates for a Porsche Cayman are $1,062 a year for full coverage. Comprehensive insurance costs on average $194 each year, collision costs $258, and liability is estimated at $452. A liability-only policy costs approximately $504 a year, with high-risk insurance costing $2,278 or more. Teens cost the most to insure at $4,186 a year or more.

Average premium for full coverage: $1,062

Policy rates by type of insurance:

These estimates include $500 policy deductibles, liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and Cayman models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on car insurance rates. Rural areas are shown to have a lower frequency of accident claims than cities with more traffic congestion.

The graphic below illustrates how geographic area affects car insurance rates.

The examples above show why all drivers should get quotes based on a specific location and risk profile, instead of making a decision based on averaged prices.

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

Additional Rate Analysis

The chart below shows estimated Porsche Cayman insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $642
• Choosing higher $1,000 deductibles can save around $102 a year
• The average rate for a good driver age 40 with $500 deductibles is $1,062
• Selecting low deductibles for comp and collision coverage will cost an extra $196 annually
• Higher-risk drivers with serious driving violations could pay upwards of $2,278 or more
• Policy cost for full coverage for a 16-year-old driver may cost $4,186 each year

View Chart as Image

Car insurance rates for a Porsche Cayman also range considerably based on your risk profile, the trim level of your Cayman, and policy deductibles and limits.

More mature drivers with no driving violations and high deductibles may pay as low as $1,000 annually on average, or $83 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged upwards of $4,100 a year. View Rates by Age

Your home state plays a big part in determining prices for Porsche Cayman insurance prices. A good driver about age 40 could pay as low as $700 a year in states like Idaho, Maine, and Iowa, or have to pay at least $1,520 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $300 annually, whereas increasing liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $407 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying at a minimum $1,300 to $1,800 extra every year, depending on your age. Insurance for high-risk drivers ranges from 43% to 137% more than the average policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know exactly what you will pay is to do a rate comparison from multiple companies. Each auto insurer calculates rates differently, so rate quotes will be varied from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2008 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find Cheap Porsche Cayman Insurance

Finding cheaper rates on insurance for a Porsche Cayman takes being safe and accident-free, having above-average credit, avoid buying unnecessary coverage, and maximizing policy discounts. Invest the time to compare rates once a year by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from your local insurance agents.

Below you'll find a brief summary of the data that was presented in the illustrations above.

• Drivers can save as much as $120 per year simply by quoting online in advance
• Insureds who require more liability protection will pay approximately $500 each year to raise limits from a 30/60 limit to 250/500 limits
• Youthful drivers are expensive to insure, costing up to $349 each month if full coverage is included
• Drivers considered higher risk that tend to have accidents or serious violations will pay on average $1,220 more each year than a low-risk driver