Porsche Panamera Insurance Rates
Enter your zip code below to view companies that have cheap auto insurance rates.
UPDATED: May 20, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
More often than not, trying to find reliable car insurance quotes can seem like a headache. That’s why you should know that the average Porsche Panamera insurance costs drivers $2,190 a year for full coverage, which boils down to a $183 monthly insurance bill.
While there are a variety of factors that come into play, the age and location of the driver play a huge role. For example, younger drivers who live in major cities typically pay more than older drivers who live in rural areas.
We have outlined all the information you need to know in this helpful guide. Feel encouraged to read through the details of this comprehensive guide and enter your five-digit ZIP code in the box above to start comparing Porsche Panamera insurance rates from multiple providers.
The average insurance rates for a Porsche Panamera are $1,458 a year for full coverage insurance. Comprehensive costs an estimated $322 a year, collision insurance costs $500, and liability is estimated at $478. Liability-only coverage costs approximately $526 a year, and high-risk coverage costs around $3,142. Teen drivers cost the most to insure at up to $5,444 a year.
Average premium for full coverage: $1,458
Policy rates broken down by type of insurance:
Full coverage includes $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 states and Panamera trim levels.
Price Range Variability
For the average 40-year-old driver, Porsche Panamera insurance rates range from the low end price of $526 for the bare minimum liability coverage to a high of $3,142 for a policy for a high-risk driver.
Urban vs. Rural Price Range
Living in a larger city can have significant affects on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than larger metro areas. The diagram below illustrates the difference location can make on insurance prices.
The examples above illustrate why it is important to get quotes for a targeted area, instead of using price averages.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Additional Rate Information
The chart below illustrates average Porsche Panamera insurance rates for other coverage scenarios.
- The lowest rate with discounts is $846
- Choosing higher $1,000 deductibles can save approximately $1,270 each year
- The estimated price for a good driver age 40 who has $500 deductibles is $1,458
- Choosing low $100 deductibles for comp and collision coverage bumps up the cost to $1,816
- Unlucky drivers with multiple violations and an at-fault accident could pay up to $3,142
- Policy cost that insures a teen driver can cost as much as $5,444 each year
Insurance rates for a Porsche Panamera also range considerably based on the trim level of your Panamera, your age and driving record, and liability limits and deductibles.
If you have a few points on your driving record or you caused an accident, you are probably paying $1,700 to $2,400 additional every year, depending on your age. A high-risk auto insurance policy ranges as much as 44% to 130% more than average. View High Risk Driver Rates
Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,400 annually on average, or $117 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records should be prepared to pay at least $5,400 a year. View Rates by Age
Your home state plays a big part in determining prices for Porsche Panamera insurance prices. A good driver about age 40 could pay as low as $950 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,970 on average in Florida, New York, and Michigan.
State | Premium | Compared to U.S. Avg | Percent Difference |
---|---|---|---|
Alabama | $1,318 | -$140 | -9.6% |
Alaska | $1,118 | -$340 | -23.3% |
Arizona | $1,208 | -$250 | -17.1% |
Arkansas | $1,458 | -$0 | 0.0% |
California | $1,660 | $202 | 13.9% |
Colorado | $1,392 | -$66 | -4.5% |
Connecticut | $1,498 | $40 | 2.7% |
Delaware | $1,650 | $192 | 13.2% |
Florida | $1,822 | $364 | 25.0% |
Georgia | $1,344 | -$114 | -7.8% |
Hawaii | $1,044 | -$414 | -28.4% |
Idaho | $986 | -$472 | -32.4% |
Illinois | $1,086 | -$372 | -25.5% |
Indiana | $1,096 | -$362 | -24.8% |
Iowa | $984 | -$474 | -32.5% |
Kansas | $1,386 | -$72 | -4.9% |
Kentucky | $1,988 | $530 | 36.4% |
Louisiana | $2,156 | $698 | 47.9% |
Maine | $898 | -$560 | -38.4% |
Maryland | $1,202 | -$256 | -17.6% |
Massachusetts | $1,166 | -$292 | -20.0% |
Michigan | $2,532 | $1,074 | 73.7% |
Minnesota | $1,220 | -$238 | -16.3% |
Mississippi | $1,746 | $288 | 19.8% |
Missouri | $1,294 | -$164 | -11.2% |
Montana | $1,566 | $108 | 7.4% |
Nebraska | $1,150 | -$308 | -21.1% |
Nevada | $1,748 | $290 | 19.9% |
New Hampshire | $1,050 | -$408 | -28.0% |
New Jersey | $1,630 | $172 | 11.8% |
New Mexico | $1,288 | -$170 | -11.7% |
New York | $1,534 | $76 | 5.2% |
North Carolina | $840 | -$618 | -42.4% |
North Dakota | $1,192 | -$266 | -18.2% |
Ohio | $1,006 | -$452 | -31.0% |
Oklahoma | $1,496 | $38 | 2.6% |
Oregon | $1,334 | -$124 | -8.5% |
Pennsylvania | $1,390 | -$68 | -4.7% |
Rhode Island | $1,942 | $484 | 33.2% |
South Carolina | $1,320 | -$138 | -9.5% |
South Dakota | $1,230 | -$228 | -15.6% |
Tennessee | $1,278 | -$180 | -12.3% |
Texas | $1,758 | $300 | 20.6% |
Utah | $1,080 | -$378 | -25.9% |
Vermont | $998 | -$460 | -31.6% |
Virginia | $872 | -$586 | -40.2% |
Washington | $1,126 | -$332 | -22.8% |
West Virginia | $1,334 | -$124 | -8.5% |
Wisconsin | $1,008 | -$450 | -30.9% |
Wyoming | $1,298 | -$160 | -11.0% |
Choosing high deductibles can save as much as $550 every year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $430 more each year. View Rates by Deductible or Liability Limit
Insurance Rates by Trim Level and Model Year
Model and Trim | Annual Premium | Monthly Premium |
---|---|---|
Porsche Panamera S 4-Dr Hatchback | $1,390 | $116 |
Porsche Panamera 4S AWD 4-Dr Hatchback | $1,414 | $118 |
Porsche Panamera Turbo AWD 4-Dr Hatchback | $1,582 | $132 |
Rates assume 2011 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.
Model Year | Comprehensive | Collision | Liability | Total Premium |
---|---|---|---|---|
2024 Porsche Panamera | $568 | $1,092 | $372 | $2,190 |
2023 Porsche Panamera | $542 | $1,050 | $390 | $2,140 |
2022 Porsche Panamera | $520 | $1,042 | $398 | $2,118 |
2021 Porsche Panamera | $502 | $1,016 | $416 | $2,092 |
2020 Porsche Panamera | $484 | $974 | $430 | $2,046 |
2019 Porsche Panamera | $458 | $940 | $442 | $1,998 |
2018 Porsche Panamera | $440 | $872 | $452 | $1,922 |
2017 Porsche Panamera | $422 | $822 | $456 | $1,858 |
2016 Porsche Panamera | $406 | $736 | $460 | $1,760 |
2015 Porsche Panamera | $378 | $678 | $460 | $1,674 |
2014 Porsche Panamera | $366 | $636 | $464 | $1,624 |
2013 Porsche Panamera | $356 | $592 | $474 | $1,580 |
2012 Porsche Panamera | $330 | $550 | $474 | $1,512 |
2011 Porsche Panamera | $322 | $500 | $478 | $1,458 |
2010 Porsche Panamera | $300 | $458 | $474 | $1,390 |
Rates are averaged for all Porsche Panamera models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Find More Affordable Porsche Panamera Insurance
Finding cheaper rates on car insurance takes having a decent driving record, having a good credit score, being claim-free, and possibly raising deductibles. Shop around every year by requesting rates from direct insurance companies, and also from local insurance agencies.
The following items are a summary of the coverage data touched on in this article.
- It is possible to save approximately $170 per year just by quoting early and online
- Increasing comprehensive and collision deductibles can save approximately $550 each year
- 16 to 18-year-old drivers are expensive to insure, possibly costing $454 each month if comprehensive and collision insurance is included
- Higher risk drivers who have multiple accidents or major violations may have to pay on average $1,680 more annually than a driver with a clean driving record
To this point, we’ve gone over a lot of details as it pertains to Porsche Panamera insurance rates. In order to figure out what Porsche Panamera rates you qualify for, use our free online tool below.
Compare Quotes From Top Companies and SaveFree Car Insurance Comparison
Secured with SHA-256 Encryption
What are the safety ratings of the Porsche Panamera?
Average insurance for a Porsche Panamera can vary depending upon the safety ratings and features of the particular model you drive.
Unfortunately, the NHTSA and IIHS have not listed official crash test results for the Porsche Panamera but you can take a look at the features included below:
- Electronic Stability Control (ESC)
- ABS And Driveline Traction Control
- Side Impact Beams
- Dual Stage Driver & Passenger Seat-Mounted Side Airbags
- ParkAssist Front & Rear Parking Sensors
- Tire Specific Low Tire Pressure Warning
- Dual Stage Driver & Passenger Front Airbags
- Curtain 1st And 2nd Row Airbags
- Airbag Occupancy Sensor
- Driver And Passenger Knee Airbag
- Rear Side-Impact Airbag
- Rear Child Safety Locks
- Outboard Front Lap And Shoulder Safety Belts
- Back-Up Camera
All of the safety features listed above can contribute to lower Porsche Panamera insurance rates so be sure to keep these in mind when shopping for a policy.
Porsche Panamera Compared Against Other Vehicles in the Same Class
Experts from the Insurance Institute for Highway Safety (IIHS) classify the Porsche Panamera as a large luxury sports car.
If you are curious to know how the Porsche Panamera stacks up to other similar models, take a look at the following three vehicles. Each page provides information on the insurance rates for each comparable model so you can cross-reference them with the Porsche Panamera.
Data from the IIHS shows that the Porsche Panamera has a property damage loss percentage of -29 percent. This is more than can be said for a lot of the competition, which will contribute to lower insurance rates.
Now that we have gone into great detail about how Porsche Panamera insurance rates are calculated, is there anything we might have missed? If not, start comparing Porsche Panamera quotes from multiple companies by taking advantage of our free online tool.
Rate Tables and Charts
Rates by Driver Age
Driver Age | Premium |
---|---|
16 | $5,444 |
20 | $3,324 |
30 | $1,516 |
40 | $1,458 |
50 | $1,332 |
60 | $1,304 |
Full coverage, $500 deductibles
Rates by Deductible
Deductible | Premium |
---|---|
$100 | $1,816 |
$250 | $1,652 |
$500 | $1,458 |
$1,000 | $1,270 |
Full coverage, driver age 40
Rates by Liability Limit
Liability Limit | Premium |
---|---|
30/60 | $1,458 |
50/100 | $1,678 |
100/300 | $1,797 |
250/500 | $2,108 |
100 CSL | $1,725 |
300 CSL | $1,988 |
500 CSL | $2,180 |
Full coverage, driver age 40
Rates for High Risk Drivers
Age | Premium |
---|---|
16 | $7,764 |
20 | $5,300 |
30 | $3,204 |
40 | $3,142 |
50 | $2,996 |
60 | $2,968 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
Discount | Savings |
---|---|
Multi-policy | $78 |
Multi-vehicle | $76 |
Homeowner | $23 |
5-yr Accident Free | $103 |
5-yr Claim Free | $94 |
Paid in Full/EFT | $64 |
Advance Quote | $70 |
Online Quote | $104 |
Total Discounts | $612 |
Discounts are estimated and may not be available from every company or in every state.
Compare Rates and Save
Find companies with the cheapest rates in your area