Porsche Cayman Insurance Rates

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

Average premium for full coverage: $1,062

Price estimates by individual coverage:

Prices are based on $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes UM/UIM and medical 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 large influence on car insurance prices. Rural locations have lower incidents of comprehensive and collision claims than densely populated cities. The graphic below illustrates the difference between rural and urban areas on auto insurance prices.

The ranges above highlight why all drivers should compare rates quotes using their specific location, rather than using average rates.

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

Rates by State, City, and Model

The chart below breaks down average 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 price for the average middle-age driver who chooses $500 deductibles is $1,062
• Using low deductibles will cost an additional $196 each year
• Unlucky drivers who are prone to accidents and violations could pay around $2,278
• The price that insures a teenage 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 record and age, and physical damage deductibles and liability limits.

If you have some driving violations or you caused an accident, 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 around 43% to 137% more than a normal policy. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,000 every 12 months on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records should be prepared 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 $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

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

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 auto insurance consists of having a decent driving record, having a good credit score, being claim-free, and consideration of higher deductibles. Compare prices every time your policy renews by obtaining price quotes from direct car insurance companies, and also from local auto insurance providers.

The following items are a brief review of the information covered above.

• You may be able to save around $120 per year just by quoting online in advance
• 16 to 18-year-old drivers are the costliest to insure, possibly costing $349 a month if comprehensive and collision insurance is included
• Increasing physical damage deductibles can save approximately $300 each year
• Drivers with DUI or reckless driving convictions will likely pay on average $1,220 more per year than a driver with a clean driving record
• Consumers who purchase additional liability coverage will pay an extra $500 per year to raise from a low limit to the 250/500 level