Porsche Cayman Insurance Rates

U.S. average auto insurance rates for a Porsche Cayman are $1,062 annually including full coverage. Comprehensive insurance costs approximately $194 each year, collision costs $258, and liability insurance is $452. Buying just liability costs around $504 a year, with insurance for high-risk drivers costing $2,278 or more. Teenage drivers pay the highest rates at $4,186 a year or more.

Average premium for full coverage: $1,062

Price estimates by individual coverage:

Prices are based on $500 comprehensive and collision deductibles, 30/60 liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and Cayman models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a significant impact on car insurance prices. Rural locations have fewer comprehensive and collision claims than densely populated cities.

The graphic below illustrates how geographic area affects auto insurance prices.

The ranges above highlight why all drivers should compare rates quotes using their specific location and their own personal driving habits, rather than relying on average rates.

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

Additional Charts and Tables

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

• The best discount rate is $642
• Raising to $1,000 deductibles will save $102 every year
• The estimated rate for the average middle-age driver who chooses $500 deductibles is $1,062
• Using low deductibles costs an additional $196 a year
• Higher-risk drivers who are prone to accidents and violations could pay around $2,278 or more
• The price with full coverage for a teen driver can cost $4,186

View Chart as Image

Insurance prices for a Porsche Cayman are also quite variable based on the trim level and model year, your driving characteristics, and physical damage deductibles and liability limits.

More mature drivers with no violations or accidents and high physical damage deductibles could pay as little as $1,000 every 12 months on average for full coverage. Prices are much higher for teenage drivers, where even without any violations or accidents they should be prepared to pay in the ballpark of $4,100 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you are likely paying anywhere from $1,300 to $1,800 additional each year, depending on your age. Insurance for high-risk drivers is expensive and can cost anywhere from 43% to 137% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce prices by up to $300 each year, whereas increasing liability limits will push prices upward. Changing from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $407 more each year. View Rates by Deductible or Liability Limit

The state you live in also has a big influence on Porsche Cayman insurance rates. A middle-age driver might find prices as low as $820 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,520 on average in Louisiana, New York, and Michigan.

View Chart as Image

Since prices can be so different, the best way to figure out who has the best auto insurance prices is to do a rate comparison from as many companies as possible. Every auto insurance company uses a different method to calculate prices, and prices may be quite different 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 Affordable Porsche Cayman Insurance

Getting lower rates on Porsche Cayman insurance consists of having a decent driving record, having good credit, being claim-free, and qualifying for all possible discounts. Invest the time to compare rates at every policy renewal by obtaining price quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local insurance agencies.

The following items are a brief review of the data presented in the illustrations above.

• Drivers who purchase additional liability coverage will pay an extra $500 per year to raise from a low limit to higher 250/500 limits
• You may be able to save around $120 per year simply by quoting online in advance
• Increasing physical damage deductibles could save up to $300 each year
• 16 to 18-year-old drivers are the costliest to insure, possibly costing $349 a month if they have full coverage