Porsche Cayman Insurance Rates

U.S. average insurance rates for a Porsche Cayman are $1,062 a year including full coverage. Comprehensive insurance costs an estimated $194, collision costs $258, and liability coverage costs around $452. Liability-only coverage costs as low as $504 a year, with high-risk coverage costing $2,278 or more. 16-year-old drivers pay the highest rates at $4,186 a year or more.

Average premium for full coverage: $1,062

Price estimates broken down by individual coverage:

Rate estimates include $500 policy deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Estimates are averaged for all 50 U.S. states and for different Cayman trim levels.

Price Range from Low to High

Geographic Price Range

Where you live has a large influence on the price of auto insurance. More rural locations have lower incidents of comprehensive and collision claims than congested cities.

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

The ranges above highlight why anyone shopping for car insurance should compare prices for a targeted area, rather than using rate averages.

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

Rates by State, City, and Model

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

• The best full coverage rate is $642
• Using higher $1,000 deductibles will save approximately $102 every year
• The estimated price for the average middle-age driver who has $500 deductibles is $1,062
• Buying more expensive low deductibles for physical damage coverage will cost an additional $196 each year
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,278 or more
• The price that insures a teenage driver with full coverage can cost as much as $4,186 or more

View Chart as Image

Auto insurance prices for a Porsche Cayman are also quite variable based on the model year and trim level, your driving record and age, and liability limits and deductibles.

If you have some driving violations or you caused an accident, you are likely paying $1,300 to $1,800 in extra premium each year, depending on your age. High-risk driver insurance can be around 43% to 137% more than the average rate. View High Risk Driver Rates

An older driver with a good driving record and higher comprehensive and collision deductibles may only pay around $1,000 a year for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records will have to pay at least $4,100 a year. View Rates by Age

The state you live in has a huge impact on Porsche Cayman insurance rates. A driver around age 40 might see prices as low as $820 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,520 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could cut prices by as much as $300 a year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $407 extra every year. View Rates by Deductible or Liability Limit

Since prices can be so different, the best way to figure out which car insurance is cheapest is to compare prices and see how they stack up. Each insurance company utilizes a different rate formula, and quoted prices may be quite different.

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

Getting lower rates on auto insurance requires being safe and accident-free, maintaining a good credit score, being claim-free, and qualifying for all possible discounts. Comparison shop every couple of years by requesting quotes from direct car insurance companies, and also from your local car insurance providers.

Below you'll find a brief recap of the material that was raised in the charts and tables above.

• Consumers who want more liability protection will pay around $500 per year to increase from a low limit to the 250/500 level
• Youthful drivers are the costliest to insure, possibly costing $349 a month if the policy includes full coverage
• Drivers who tend to receive serious violations could be charged and average of $1,220 more annually than a low-risk driver
• Increasing physical damage deductibles can save approximately $300 each year