Porsche Cayman Insurance Rates

The average insurance rates for a Porsche Cayman are $1,062 a year for full coverage. Comprehensive insurance costs approximately $194, collision costs $258, and liability insurance costs $452. A liability-only policy costs as little as $504 a year, with high-risk insurance 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 by type of insurance:

Estimates include $500 physical damage deductibles, liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and for different Cayman trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on car insurance rates. Rural locations are shown to have lower incidents of accident claims than densely populated cities.

The price range example below illustrates the difference between rural and urban areas on auto insurance prices.

The examples above show why anyone shopping for car insurance should compare rates using their specific location, rather than relying on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $642
• Drivers who choose higher $1,000 deductibles will pay $102 a year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,062
• Using more expensive low deductibles for comprehensive and collision insurance will cost an additional $196 a year
• High risk drivers who are prone to accidents and violations could pay around $2,278 or more
• Policy cost that insures a teen driver with full coverage can cost $4,186 a year

View Chart as Image

Car insurance rates for a Porsche Cayman also range considerably based on the model year and trim level, how you drive, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you could be paying anywhere from $1,300 to $1,800 extra every year, depending on your age. High-risk driver insurance can cost anywhere from 43% to 137% more than a normal policy. View High Risk Driver Rates

An older driver with no driving violations and higher comprehensive and collision deductibles could pay as little as $1,000 per year on average, or $83 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will be charged in the ballpark of $4,100 a year. View Rates by Age

Your home state makes a big difference in Porsche Cayman insurance rates. A 40-year-old driver could pay as low as $700 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,520 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $300 each year, while increasing your policy's liability limits will push rates upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $407 extra every 12 months. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to compare rates from as many companies as possible. Every company uses a different method to calculate rates, so rate quotes 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 Find Low Cost Porsche Cayman Insurance

Finding cheaper rates on Porsche Cayman insurance not only requires being a safe and courteous driver, but also having a positive credit history, avoid buying unnecessary coverage, and avoiding coverage lapses. Compare prices once a year by getting rate quotes from direct carriers, and also from insurance agencies where you live.

Below is a review of the data that was covered above.

• Drivers can save around $120 per year simply by shopping early and online
• Drivers who purchase higher levels of liability will pay an extra $500 each year to go from a 30/60 limit to the 250/500 level
• Teenage drivers pay the highest auto insurance rates, costing up to $349 each month if full coverage is purchased
• High-risk drivers who have several accidents or serious violations could be forced to pay on average $1,220 more per year for auto insurance