Porsche Cayman Insurance Rates

Estimated insurance rates for a Porsche Cayman are $1,062 a year with full coverage. Comprehensive insurance costs on average $194 a year, collision costs $258, and liability coverage costs around $452. A liability-only policy costs as low as $504 a year, with high-risk insurance costing $2,278 or more. 16-year-old drivers pay the most at $4,186 a year or more.

Average premium for full coverage: $1,062

Premium estimates by type of coverage:

Prices are based on $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all U.S. states and Cayman trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on auto insurance rates. Rural areas are statistically proven to have a lower frequency of collision claims than congested cities.

The diagram below illustrates the difference between rural and urban areas on car insurance rates.

These rate differences demonstrate why it is important to compare prices based on a specific location and risk profile, rather than using rate averages.

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 different risk profiles and scenarios.

• The best full coverage rate is $642
• Using higher $1,000 deductibles will save around $960 annually
• The average rate for a 40-year-old good driver with $500 deductibles is $1,062
• Buying low $100 deductibles for physical damage coverage will cost an extra $196 each year
• Higher-risk drivers with multiple tickets or accidents could pay upwards of $2,278 or more
• An auto insurance policy for full coverage for a teenage driver may cost $4,186 or more

View Chart as Image

Auto insurance prices for a Porsche Cayman also have a wide range based on your driving characteristics, the trim level and model year, and policy deductibles and limits.

Older drivers with a good driving record and high deductibles may only pay around $1,000 a year, or $83 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers will have to pay upwards of $4,100 a year. View Rates by Age

Where you choose to live has a huge impact on Porsche Cayman insurance rates. A driver around age 40 might see prices as low as $770 a year in states like New Hampshire, Ohio, and Utah, or at least $1,440 on average in Florida, Michigan, and New York.

View Chart as Image

Opting for high physical damage deductibles could cut prices by as much as $300 a year, while buying higher liability limits will cost you more. Moving from a 50/100 limit to a 250/500 limit will cost up to $407 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you may be forking out at a minimum $1,300 to $1,800 in extra premium annually, depending on your age. A high-risk auto insurance policy can be around 43% to 137% more than the average rate. View High Risk Driver Rates

With such a large range in prices, the best way to find out exactly what you will pay is to get quotes and see how they stack up. Each insurance company utilizes a different rate formula, and quoted prices will be substantially different from one company to the next.

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 better rates on auto insurance requires being a safe and courteous driver, having good credit, being claim-free, and taking advantage of discounts. Set aside time to compare rates every other policy renewal by quoting rates from direct companies like Progressive, GEICO, and Esurance, and also from local insurance agents.

Below is a brief review of the ideas that were covered above.

• Teenage drivers are charged the highest prices, possibly costing $349 per month if they have full coverage
• Drivers with DUI or reckless driving convictions may be required to pay an average of $1,220 more each year for auto insurance
• Increasing policy deductibles can save around $300 each year
• You may be able to save as much as $120 per year simply by quoting early and online