Porsche Cayman Insurance Rates

The average insurance prices for a Porsche Cayman are $1,062 every 12 months including full coverage. Comprehensive costs on average $194, collision insurance costs $258, and liability coverage is estimated at $452. A liability-only policy costs approximately $504 a year, and high-risk insurance costs around $2,278. Teenage drivers cost the most to insure at up to $4,186 a year.

Average premium for full coverage: $1,062

Policy rates by type of insurance:

Prices are based on $500 deductible amounts, liability coverage up to 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and for different Cayman trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on car insurance rates. Rural areas are shown to have more infrequent comprehensive and collision claims than densely populated cities. The price range example below illustrates how location impacts car insurance rates.

The examples above highlight why anyone shopping for car insurance should get quotes based on a specific location and their own driving history, rather than using average rates.

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

More Rate Details

The chart below breaks down average Porsche Cayman insurance rates for different risk profiles and scenarios.

• The best discount rate is $642
• Choosing higher $1,000 deductibles can save around $102 every year
• The average price for a good driver age 40 with $500 deductibles is $1,062
• Using more expensive low deductibles for comp and collision coverage increases the price to $1,258
• Drivers who are prone to accidents and violations could pay upwards of $2,278
• Policy cost to insure a teenage driver with full coverage may cost $4,186 each year

View Chart as Image

Car insurance rates for a Porsche Cayman also range considerably based on liability limits and deductibles, your driving characteristics, and the trim level of your Cayman.

Using high physical damage deductibles can save as much as $300 a year, while increasing your policy's liability limits will cost you more. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $407 extra every 12 months. View Rates by Deductible or Liability Limit

An older driver with no driving violations and higher deductibles may only pay around $1,000 annually on average, or $83 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will be charged upwards of $4,100 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 likely paying at a minimum $1,300 to $1,800 extra every year, depending on your age. High-risk driver insurance ranges around 43% to 137% more than a normal policy. View High Risk Driver Rates

Your home state plays a big part in determining prices for Porsche Cayman insurance rates. A good driver about age 40 could pay as low as $820 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,520 on average in Michigan, New York, and Louisiana.

View Chart as Image

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 Shop for Affordable Porsche Cayman Insurance

Finding cheaper rates on auto insurance takes having a good driving record, maintaining a good credit score, paying for small claims out-of-pocket, and possibly raising deductibles. Spend time shopping around every time your policy renews by obtaining price quotes from direct car insurance companies, and also from your local independent and exclusive agents.

The next list is a brief review of the information touched on above.

• You may be able to save as much as $120 per year just by shopping early and online
• Drivers age 20 and younger are expensive to insure, with premiums being up to $349 each month if the policy includes full coverage
• Increasing comprehensive and collision deductibles could save as much as $300 each year
• Drivers with DUI or reckless driving convictions may pay on average $1,220 more each year to buy Porsche Cayman insurance
• Consumers who require increased levels of liability coverage will pay an extra $500 per year to raise limits from a 30/60 limit to a 250/500 level