Porsche Cayman Insurance Rates

The average insurance rates for a Porsche Cayman are $1,086 a year with full coverage. Comprehensive costs on average $198 each year, collision costs $270, and liability is estimated at $460. Liability-only insurance costs approximately $510 a year, with high-risk driver insurance costing around $2,334. Teen drivers cost the most to insure at $4,282 a year or more.

Average premium for full coverage: $1,086

Policy rates by type of insurance:

Estimates include $500 policy deductibles, liability limits of 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all U.S. states and Cayman models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on auto insurance rates. Rural areas are shown to have a lower frequency of collision claims than larger metro areas.

The graphic below illustrates the difference location can make on car insurance rates.

The examples above demonstrate why all drivers should get quotes based on a specific location and risk profile, instead of using price averages.

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

Additional Rate Details

The chart below details estimated Porsche Cayman insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $653
• Choosing higher $1,000 deductibles can save around $106 annually
• The average rate for a good driver age 40 with $500 deductibles is $1,086
• Choosing low deductibles for comp and collision coverage will increase the cost to $1,288
• Unlucky drivers with multiple violations and an at-fault accident could pay upwards of $2,334 or more
• Policy cost for full coverage for a teen driver may cost $4,282 each year

View Chart as Image

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

More mature drivers with a good driving record and high deductibles may pay as little as $1,000 annually on average, or $83 per month, for full coverage. Rates are highest for teenagers, where even good drivers will have to pay upwards of $4,200 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 $780 a year in states like New Hampshire, Ohio, and Utah, or as much as $1,470 on average in Florida, Michigan, and New York.

View Chart as Image

Choosing high deductibles can save as much as $310 every year, whereas increasing liability limits will cost you more. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $414 extra every year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at a minimum $1,300 to $1,800 in extra premium every year, depending on your age. Insurance for high-risk drivers ranges as much as 42% to 133% more than average. View High Risk Driver Rates

Because rates have so much variability, the best way to find out exactly what you will pay is to do a rate comparison and see which company has the best rate. Each auto insurer uses a different rate calculation, and quoted 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 Low Cost Porsche Cayman Insurance

Finding cheaper rates on car insurance takes being a good driver, having good credit, not filing small claims, and taking advantage of discounts. Make time to compare rates once a year by requesting rates from direct companies like GEICO, Progressive, and Esurance, and also from local insurance agents.

The following list is a review of the data that was touched on in this article.

• You may be able to save as much as $120 per year simply by quoting online in advance
• Policyholders who require an increased level of liability coverage will pay about $510 every year to raise limits from a 30/60 limit to 250/500 limits
• Drivers age 16 to 20 are charged the highest rates, as much as $357 each month if they have full coverage
• Higher risk drivers who have several accidents or serious violations may be required to pay an average of $1,250 more each year than a safer driver