Porsche Cayman Insurance Rates

The average auto insurance rates for a Porsche Cayman are $1,062 annually with full coverage. Comprehensive costs an estimated $194, collision costs $258, and liability insurance costs around $452. Liability-only coverage costs as low as $504 a year, with high-risk coverage costing around $2,278. Teenage drivers cost the most to insure at $4,186 a year or more.

Average premium for full coverage: $1,062

Policy rates broken down by type of insurance:

Price estimates include $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all U.S. states and for different Cayman trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on car insurance rates. More rural locations are shown to have fewer collision claims than densely populated cities.

The price range example below illustrates how rural and urban location affects insurance prices.

The examples above demonstrate why anyone shopping for car insurance should compare prices for a targeted area and their own personal driving habits, rather than relying on average rates.

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

Detailed Rate Analysis

The chart below details estimated Porsche Cayman insurance rates for other coverage scenarios.

• The best discount rate is $642
• Using higher $1,000 deductibles will save approximately $102 annually
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,062
• Using more expensive low deductibles for physical damage coverage will cost $1,258
• Drivers who are prone to accidents and violations could pay up to $2,278 or more
• Policy cost with full coverage for a teen driver with full coverage can cost as much as $4,186 or more

View Chart as Image

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

An older driver with no violations or accidents and high physical damage deductibles could pay as little as $1,000 a year, or $83 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they should be prepared to pay at least $4,100 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you may be forking out $1,300 to $1,800 additional every year, depending on your age. High-risk driver insurance can be anywhere from 43% to 137% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $300 each year, while increasing your policy's liability limits will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $407 more each year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Porsche Cayman insurance rates. A driver around age 40 might see rates as low as $770 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,440 on average in New York, Michigan, and Florida.

View Chart as Image

Because rates have so much variability, the best way to find out which auto insurance is cheapest is to compare rates from as many companies as possible. Each insurance company uses a different method to calculate rates, and rates will be varied between companies.

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 Buy Cheaper Porsche Cayman Insurance

Finding cheaper rates on Porsche Cayman insurance requires being a safe and courteous driver, having good credit, not filing small claims, and maximizing policy discounts. Set aside time to shop around every other policy renewal by obtaining price quotes from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

Below is a condensed summary of the ideas that were raised in the charts and tables above.

• Teenage drivers are expensive to insure, as much as $349 each month if they have full coverage
• High-risk drivers with multiple at-fault accidents pay on average $1,220 more annually for auto insurance
• Increasing comprehensive and collision deductibles could save up to $300 each year
• You may be able to save approximately $120 per year simply by shopping early and online