Porsche Cayman Insurance Rates

U.S. average insurance rates for a Porsche Cayman are $1,062 a year with full coverage. Comprehensive costs approximately $194 a year, collision costs $258, and liability insurance is $452. Liability-only coverage costs around $504 a year, with high-risk coverage costing around $2,278. 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 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all U.S. states and Cayman trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a significant impact on the price of insurance. Rural locations have lower incidents of collision claims than densely populated cities.

The diagram below illustrates how rural and urban location affects auto insurance prices.

The ranges above demonstrate why it is important to compare rates quotes using their specific location, rather than relying on average rates.

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

Additional Charts and Tables

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

• The best discount rate is $642
• Raising to $1,000 deductibles will save $960 annually
• The estimated price for the average middle-age driver who chooses $500 deductibles is $1,062
• Using low $100 deductibles bumps up the cost to $1,258
• Higher-risk drivers who are prone to accidents and violations could pay around $2,278 or more
• The price that insures a teen driver can cost $4,186

View Chart as Image

Auto insurance prices for a Porsche Cayman are also quite variable based on the trim level of your Cayman, your age and driving habits, and physical damage deductibles and liability limits.

If you have some driving violations or you caused an accident, you may be forking out anywhere from $1,300 to $1,800 in extra premium each year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 43% to 137% more than a normal policy. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles could pay as little as $1,000 every 12 months on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records will have to pay in the ballpark of $4,100 a year. View Rates by Age

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 $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

Using high physical damage deductibles can reduce prices by up to $300 each year, while buying higher liability limits will push prices upward. Moving 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 find out who has the cheapest auto insurance prices is to get quotes from as many companies as possible. Every auto insurance company uses a different method to calculate prices, 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 Affordable Porsche Cayman Insurance

Getting lower rates on Porsche Cayman insurance consists of avoiding accidents and violations, maintaining a good credit score, avoid buying unnecessary coverage, and not having any coverage lapses. Compare prices at every other renewal by obtaining price quotes from direct companies, and also from local insurance agencies.

The list below is a brief review of the concepts that were raised in the charts and tables above.

• High-risk drivers with DUI or reckless driving convictions may have to pay on average $1,220 more per year for car insurance
• Teenagers have the highest car insurance prices, costing up to $349 a month if the policy includes full coverage
• You may be able to save around $120 per year simply by quoting early and online
• Increasing physical damage deductibles can save approximately $300 each year
• You may be able to save around $120 per year simply by quoting early and online