Porsche Cayman Insurance Rates

The average auto insurance rates for a Porsche Cayman are $1,062 annually including full coverage. Comprehensive costs around $194 a year, collision insurance costs $258, and liability is estimated at $452. Buying just liability costs approximately $504 a year, and insurance for high-risk drivers costs around $2,278. Teens cost the most to insure at up to $4,186 a year.

Average premium for full coverage: $1,062

Policy rates for type of insurance:

Rates are based on $500 deductible amounts, minimum liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 U.S. states and Cayman trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on the price of insurance. Areas with sparse population are shown to have fewer comprehensive and collision claims than cities with more traffic congestion. The diagram below illustrates the effect of geographic area on auto insurance rates.

The examples above highlight why it is important to get quotes for a specific zip code and their own personal driving habits, instead of making a decision based on averaged prices.

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

Additional Rate Analysis

The chart below breaks down average Porsche Cayman insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $642
• Choosing higher $1,000 deductibles can save about $960 every year
• The estimated rate for a good driver age 40 using $500 deductibles is $1,062
• Selecting low $100 deductibles for comp and collision coverage will cost $1,258
• Higher-risk drivers with serious driving violations could pay at least $2,278
• Policy cost with full coverage for a 16-year-old driver can be $4,186 each year

View Chart as Image

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

Older drivers with a clean driving record and high physical damage deductibles may pay as low as $1,000 annually on average, or $83 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay as much as $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 are likely paying at least $1,300 to $1,800 extra every year, depending on your age. A high-risk auto insurance policy ranges from 43% to 137% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles can save as much as $300 annually, while buying higher liability limits will increase rates. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $407 more per year. View Rates by Deductible or Liability Limit

Your home state plays a big part in determining prices for Porsche Cayman insurance prices. A good driver about age 40 could pay as low as $820 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $1,520 on average in Michigan, New York, and Louisiana.

View Chart as Image

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 the Best Cheap Porsche Cayman Insurance

Finding cheaper rates on insurance for a Porsche Cayman takes having a good driving record, having a good credit history, paying for small claims out-of-pocket, and dropping full coverage on older vehicles. Take the time to compare rates every couple of years by getting rate quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The next list is a quick review of the material that was covered in the above illustrations.

• Insureds who may need increased levels of liability coverage will pay approximately $500 per year to raise limits from a 30/60 limit to higher 250/500 limits
• Drivers age 20 and younger pay higher rates, with premiums being up to $349 each month including comprehensive and collision insurance
• Drivers considered higher risk with a DUI or reckless driving violation may pay on average $1,220 more every year to buy Porsche Cayman insurance
• Increasing comprehensive and collision deductibles could save up to $300 each year