Porsche Cayman Insurance Rates

Estimated insurance rates for a Porsche Cayman are $1,086 a year for full coverage insurance. Comprehensive insurance costs approximately $198, collision costs $270, and liability coverage costs around $460. A liability-only policy costs as low as $510 a year, with high-risk insurance costing $2,334 or more. Teenage drivers pay the most at $4,282 a year or more.

Average premium for full coverage: $1,086

Premium estimates by type of coverage:

Prices are based on $500 policy deductibles, bodily injury liability limits of 30/60, and includes medical and UM/UIM coverage. Rates include averaging for all 50 states and for all Cayman models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on the price of auto insurance. Rural locations are statistically proven to have lower incidents of physical damage claims than densely populated cities.

The example below illustrates how location helps determine auto insurance prices.

These rate differences illustrate why everyone should compare prices using their specific location, rather than using average rates.

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

More Rate Details

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

• The best discount rate is $653
• Using higher $1,000 deductibles will save $106 each year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $1,086
• Using pricier low deductibles for physical damage coverage will cost an additional $202 each year
• Higher-risk drivers who are prone to accidents and violations could pay around $2,334 or more
• An auto insurance policy that insures a teenage driver for full coverage can cost $4,282 or more

View Chart as Image

Auto insurance prices for a Porsche Cayman also have a wide range based on the model of your Cayman, your age and driving record, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you are probably paying anywhere from $1,300 to $1,800 in extra premium annually, depending on your age. Porsche Cayman insurance for high-risk drivers can be around 42% to 133% more than a normal policy. View High Risk Driver Rates

A more mature driver with a good driving record and higher comprehensive and collision deductibles may only pay around $1,000 a year, or $83 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records will have to pay in the ballpark of $4,200 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 $710 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,470 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut prices by as much as $310 a year, whereas buying more liability protection will push prices upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $414 extra every year. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to figure out who has the best car insurance prices is to regularly compare prices and see how they stack up. Each insurance company uses a different method to calculate prices, and quoted prices will be substantially 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

Finding better rates on auto insurance requires avoiding accidents and claims, maintaining a good credit score, paying for small claims out-of-pocket, and not having any coverage lapses. Compare prices every other policy renewal by getting rate quotes from direct insurance companies, and also from your local car insurance providers.

The points below are a brief review of the ideas that were covered in the charts and tables above.

• Drivers under the age of 20 have the highest car insurance prices, with premiums being up to $357 per month if the policy includes full coverage
• Drivers with DUI or reckless driving convictions could be charged and average of $1,250 more per year to insure a Porsche Cayman
• Increasing policy deductibles can save approximately $300 each year
• It is possible to save around $120 per year simply by quoting online well ahead of the renewal date