Porsche Cayman Insurance Rates

The average insurance rates for a Porsche Cayman are $1,062 a year including full coverage. Comprehensive costs approximately $194, collision costs $258, and liability is estimated at $452. Liability-only coverage costs approximately $504 a year, with high-risk coverage costing around $2,278. 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:

Includes $500 deductibles, 30/60 bodily injury liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 U.S. states and for all Cayman models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on car insurance prices. Rural locations are shown to have lower incidents of comprehensive and collision claims than densely populated cities.

The example below illustrates how rural and urban location affects auto insurance prices.

The examples above highlight why everyone should get quotes using their specific location, instead of making a decision based on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $642
• Choosing higher $1,000 deductibles can save $102 every year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,062
• Using pricier low deductibles for comp and collision coverage bumps up the cost to $1,258
• Higher-risk drivers who are prone to accidents and violations could pay around $2,278 or more
• Policy cost that insures a 16-year-old driver for full coverage can cost $4,186 each year

View Chart as Image

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

If you have a few points on your driving record or you caused an accident, you are likely paying anywhere from $1,300 to $1,800 additional every year, depending on your age. Porsche Cayman insurance for high-risk drivers ranges from 43% to 137% more than a normal policy. View High Risk Driver Rates

A more mature driver with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,000 annually on average, or $83 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,100 a year. View Rates by Age

Your home state plays a big part in determining prices for Porsche Cayman insurance prices. A good driver about age 40 could pay 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 save as much as $300 annually, whereas buying more liability protection will push rates upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $407 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to regularly compare rates from multiple companies. Each auto insurer 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 Find the Cheapest Porsche Cayman Insurance

Finding cheaper rates on insurance for a Porsche Cayman takes not taking risks behind the wheel, having a good credit score, paying for small claims out-of-pocket, and qualifying for all possible discounts. Compare prices at every other renewal by getting rate quotes from direct car insurance companies, and also from local auto insurance providers.

The following is a recap of the concepts that were raised in the charts and tables above.

• Drivers considered higher risk that have major violations or accidents will likely pay on average $1,220 more per year for Cayman insurance
• Teens are the costliest to insure, with premiums being up to $349 each month if comprehensive and collision insurance is included
• You may be able to save around $120 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save approximately $300 each year
• You may be able to save around $120 per year simply by quoting online well ahead of the renewal date