Porsche Cayman Insurance Rates

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

Average premium for full coverage: $1,062

Policy rates by type of insurance:

Prices are based on $500 physical damage deductibles, liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 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. Rural areas are shown to have lower incidents of 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 compare prices based on a specific location, rather than relying on average rates.

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

More Rate Information

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

• The best discount rate is $642
• Using higher $1,000 deductibles will save around $102 every year
• The estimated price for a good driver age 40 with $500 deductibles is $1,062
• Using more expensive low deductibles for physical damage coverage will cost an additional $196 a year
• Drivers who are prone to accidents and violations could pay upwards of $2,278 or more
• Policy cost that insures a teen driver with full coverage may cost $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 age, and policy deductibles and limits.

If you have a few points on your driving record or you caused 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 can be anywhere from 43% to 137% more than a normal policy. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,000 a year, or $83 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay upwards of $4,100 a year. View Rates by Age

Your home state has a huge impact on Porsche Cayman insurance rates. A driver around age 40 might see rates 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

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

Because rates have so much variability, the best way to figure out exactly what you will pay is to compare rates from as many companies as possible. Each insurance company uses a different method to calculate rates, so the rates will be varied.

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

Finding cheaper rates on Porsche Cayman insurance requires being a safe and courteous driver, having above-average credit, paying for small claims out-of-pocket, and bundling your home and auto policies. Compare prices once a year by quoting rates from direct car insurance companies, and also from insurance agencies where you live.

Below is a brief review of the data that was touched on above.

• You may be able to save as much as $120 per year simply by shopping early and online
• Drivers who require higher levels of liability will pay an extra $500 per year to increase from a 30/60 limit to the 250/500 level
• Teenage drivers pay the highest rates, with premiums being up to $349 each month if full coverage is included
• High-risk drivers with DUI or reckless driving convictions could be forced to pay on average $1,220 more each year for auto insurance