Porsche Cayman Insurance Rates

The average insurance prices for a Porsche Cayman are $1,062 every 12 months for full coverage. Comprehensive insurance costs around $194, collision costs $258, and liability coverage costs around $452. Liability-only coverage costs as low as $504 a year, with high-risk coverage costing $2,278 or more. Teenage drivers cost the most to insure at $4,186 a year or more.

Average premium for full coverage: $1,062

Policy rates for type of insurance:

These estimates include $500 deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all states and for different Cayman trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on auto insurance rates. Areas with sparse population are shown to have more infrequent accident claims than densely populated cities.

The price range example below illustrates how your location can change auto insurance rates.

The examples above show why anyone shopping for car insurance should compare prices for a specific zip code and their own driving history, rather than using average rates.

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

More Rate Information

The chart below shows estimated Porsche Cayman insurance rates for additional coverage choices and driver risks.

• The best discount rate is $642
• Using higher $1,000 deductibles will save about $102 a year
• The average price for a good driver age 40 using $500 deductibles is $1,062
• Using more expensive low deductibles for physical damage coverage costs an extra $196 each year
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,278 or more
• Policy cost to insure a teenage driver with full coverage can be $4,186 or more

View Chart as Image

Insurance rates for a Porsche Cayman also range considerably based on liability limits and deductibles, your driver profile, and the trim level and model year.

Using high physical damage deductibles could cut rates by as much as $300 a year, while increasing your policy's liability limits will increase rates. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $407 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles may only pay around $1,000 a year, or $83 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers should be prepared 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 were responsible for an accident, you could be paying at least $1,300 to $1,800 additional every year, depending on your age. High-risk driver insurance can be around 43% to 137% more than a normal policy. View High Risk Driver Rates

Your home state has a huge impact on Porsche Cayman insurance rates. A driver around age 40 might see rates as low as $700 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,520 on average in Michigan, Louisiana, and New York.

View Chart as Image

Because rates have so much variability, the only way to know your exact price is to compare rates and see how they stack up. Each insurance company uses a different method to calculate rates, and rates will be varied.

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 Shop for Cheap Porsche Cayman Insurance

Finding cheaper rates on auto insurance requires not taking risks behind the wheel, having above-average credit, avoid buying unnecessary coverage, and taking advantage of discounts. Invest the time to shop around at every policy renewal by getting quotes from direct carriers, and also from local exclusive and independent agents.

The following is a brief summary of the data illustrated above.

• Consumers who may need higher liability limits will pay an extra $500 each year to increase from a 30/60 limit to a 250/500 level
• Drivers can save up to $120 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles could save as much as $300 each year
• Teens are charged the highest rates, costing up to $349 each month if full coverage is included