Porsche Cayman Insurance Rates

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

Average premium for full coverage: $1,062

Policy rates broken down by type of insurance:

Prices are based on $500 policy deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and Cayman trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on the price of insurance. More rural locations are shown to have more infrequent physical damage claims than cities with more traffic congestion.

The diagram below illustrates how your location can change insurance prices.

The examples above illustrate why it is important to get quotes for a targeted area and their own driving history, rather than relying on averaged prices.

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

Rate Comparisons

The chart below illustrates estimated Porsche Cayman insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $642
• Choosing higher $1,000 deductibles can save approximately $960 each year
• The average price for a good driver age 40 who has $500 deductibles is $1,062
• Selecting low $100 deductibles for comp and collision coverage increases the price to $1,258
• High-risk insureds with serious driving violations could pay up to $2,278 or more
• Policy cost to insure a teen driver can cost as much as $4,186 each year

View Chart as Image

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

Choosing higher comprehensive and collision insurance deductibles can save as much as $300 each year, while buying higher liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $407 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles could pay as little as $1,000 annually on average, or $83 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers can expect to pay at least $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 are probably paying $1,300 to $1,800 extra every year, depending on your age. A high-risk auto insurance policy ranges anywhere from 43% to 137% more than the average policy. View High Risk Driver Rates

Your home state plays a big part in determining prices for Porsche Cayman insurance rates. A good driver about age 40 could pay as low as $700 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,440 on average in Florida, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to figure out which auto insurance is cheapest is to get quotes from as many companies as possible. Each auto insurer calculates rates differently, so the 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 Affordable Porsche Cayman Insurance

Finding cheaper rates on Porsche Cayman insurance takes avoiding accidents and claims, having good credit, being claim-free, and taking advantage of discounts. Invest the time to shop around at least once a year by quoting rates from direct insurance companies, and also from insurance agencies where you live.

The points below are a brief review of the primary concepts that were illustrated above.

• It is possible to save approximately $120 per year simply by quoting early and online
• High-risk drivers with DUI or reckless driving convictions could be forced to pay on average $1,220 more annually to insure a Porsche Cayman
• Increasing comprehensive and collision deductibles could save as much as $300 each year
• Drivers under the age of 20 are charged the highest rates, possibly costing $349 each month if they have full coverage