Porsche Cayman Insurance Rates

The average insurance rates for a Porsche Cayman are $1,062 a year including full coverage. Comprehensive insurance costs approximately $194 a year, collision costs $258, and liability coverage is $452. Liability-only coverage costs around $504 a year, with high-risk coverage costing $2,278 or more. Teens 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 include $500 policy deductibles, liability coverage up to 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and Cayman trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on car insurance prices. Rural locations are shown to have a lower frequency of comprehensive and collision claims than cities with more traffic congestion.

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

The examples above highlight why it is important to compare rates quotes using their specific location and risk profile, rather than using averaged prices.

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

Additional Rate Details

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

• The cheapest rate after discounts is $642
• Raising to $1,000 deductibles will save $960 every year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,062
• Selecting low $100 deductibles will cost an extra $196 each year
• Unlucky drivers with serious driving violations could pay around $2,278 or more
• Policy cost for full coverage for a teenage driver can cost $4,186

View Chart as Image

Insurance rates for a Porsche Cayman also range considerably based on your risk profile, the model of your Cayman, and physical damage deductibles and liability limits.

Older drivers with no violations or accidents and high deductibles may only pay around $1,000 every 12 months on average, or $83 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay in the ballpark of $4,100 a year. View Rates by Age

Your home state also has a big influence on Porsche Cayman insurance rates. A middle-age driver might find rates as low as $820 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,520 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $300 a year, while buying higher liability limits will push rates upward. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $407 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying anywhere from $1,300 to $1,800 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost around 43% to 137% more than the average policy. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to get quotes and see how they stack up. Every auto insurance company calculates rates differently, and rates will be varied 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 the Right Porsche Cayman Insurance

Finding cheaper rates on auto insurance consists of being safe and accident-free, having a good credit history, paying for small claims out-of-pocket, and qualifying for all possible discounts. Invest time comparing rates every time your policy renews by getting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

Below you'll find a quick rundown of the information covered in the charts and tables above.

• You may be able to save around $120 per year simply by quoting early and online
• Youthful drivers are the costliest to insure, with premiums being up to $349 each month including comprehensive and collision insurance
• Increasing comprehensive and collision deductibles can save around $300 each year
• Drivers with reckless driving or DUI convictions could be forced to pay on average $1,220 more per year than a low-risk driver
• Consumers who purchase more liability protection will pay approximately $500 per year to raise from a 30/60 limit to 250/500 limits