Porsche Cayman Insurance Rates

The average insurance rates for a Porsche Cayman are $1,062 a year for full coverage. Comprehensive costs approximately $194, collision costs $258, and liability is estimated at $452. Buying just liability costs approximately $504 a year, with insurance for high-risk drivers costing around $2,278. 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:

Rate estimates include $500 physical damage insurance deductibles, 30/60 split liability limits, and includes UM/UIM and medical coverage. Prices are averaged for all states and for all Cayman models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on car insurance rates. Rural locations are shown to have lower incidents of accident claims than cities with more traffic congestion.

The example below illustrates the difference between rural and urban areas on auto insurance prices.

The examples above show why everyone should get quotes using their specific location, instead of using averaged prices.

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

Rates by State, City, and Model

The chart below shows estimated Porsche Cayman insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $642
• Choosing higher $1,000 deductibles can save $102 a year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,062
• Selecting pricier low deductibles for comp and collision coverage bumps up the cost to $1,258
• Unlucky drivers with serious driving violations could pay around $2,278 or more
• Policy cost that insures a teen driver for full coverage can cost $4,186 each year

View Chart as Image

Insurance rates for a Porsche Cayman also range considerably based on the model of your Cayman, how you drive, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you could be paying anywhere from $1,300 to $1,800 extra every year, depending on your age. Porsche Cayman insurance for high-risk drivers ranges as much as 43% to 137% more than the average policy. View High Risk Driver Rates

A more mature driver with a clean driving record and higher comprehensive and collision deductibles may pay as little as $1,000 annually on average, or $83 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay in the ballpark 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 Iowa, Maine, and Idaho, or have to pay at least $1,520 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $300 every year, whereas buying more liability protection will push rates upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $407 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to regularly compare rates and see which company has the best rate. Each auto insurer calculates rates differently, so the rates will be varied.

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 the Best Porsche Cayman Insurance

Finding cheaper rates on car insurance takes being a low-risk driver, having above-average credit, avoid buying unnecessary coverage, and maximizing policy discounts. Compare rates at least every other year by requesting quotes from direct carriers, and also from insurance agencies where you live.

The items below are a brief recap of the car insurance concepts covered above.

• Higher risk drivers who tend to receive serious violations could be forced to pay on average $1,220 more per year to insure their Cayman
• Drivers can save around $120 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save approximately $300 each year
• Policyholders who purchase more liability coverage will pay approximately $500 each year to raise limits from a 30/60 limit to the 250/500 level