Porsche 718 Cayman Insurance Rates

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Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: May 27, 2024

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The average insurance rates for a Porsche 718 Cayman are $1,846 a year for full coverage. Comprehensive insurance costs an estimated $388 a year, collision costs $848, and liability insurance costs $452. Liability-only coverage costs as little as $504 a year, with high-risk coverage costing $4,042 or more. Teenage drivers cost the most to insure at $6,776 a year or more.

Average premium for full coverage: $1,846

Policy rates broken down by type of insurance:

Comprehensive $388
Collision $848
Liability $452

Price estimates include $500 physical damage deductibles, 30/60 split liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all states and 718 Cayman trim levels.

Price Range Variability

For the average 40-year-old driver, Porsche 718 Cayman insurance rates go from the low end price of $504 for basic liability insurance to a high of $4,042 for a high-risk insurance policy.

Liability Only $504
Full Coverage $1,846
High Risk $4,042

Urban vs. Rural Price Range

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

The diagram below illustrates the difference location can make on insurance prices.

Rural Areas $1,385
Small Cities $1,938
Large Cities $2,492

The examples above show why it is important to compare rates for a targeted area, rather than relying on average rates.

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.

Rate Comparisons

The chart below shows estimated Porsche 718 Cayman insurance rates for other coverage scenarios.

  • The best discount rate is $1,022
  • Drivers who choose higher $1,000 deductibles will pay approximately $1,566 a year
  • The estimated price for a good driver age 40 who has $500 deductibles is $1,846
  • Using low $100 deductibles for comprehensive and collision insurance will cost an additional $548 a year
  • High risk drivers who are prone to accidents and violations could pay up to $4,042 or more
  • Policy cost that insures a teen driver can cost as much as $6,776 a year

View Chart as Image

Porsche 718 Cayman insurance cost comparison chart
Column chart showing full coverage Porsche 718 Cayman insurance prices range from $1,022 to $6,776

Insurance rates for a Porsche 718 Cayman also range considerably based on the trim level of your 718 Cayman, how you drive, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you could be paying $2,200 to $3,000 additional every year, depending on your age. A high-risk auto insurance policy can cost anywhere from 44% to 133% more than a normal policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,700 per year on average, or $142 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay at least $6,700 a year. View Rates by Age

Your home state makes a big difference in Porsche 718 Cayman insurance rates. A 40-year-old driver could pay as low as $1,210 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,630 on average in New York, Louisiana, and Michigan.

Porsche 718 Cayman Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,668 -$178 -9.6%
Alaska $1,414 -$432 -23.4%
Arizona $1,532 -$314 -17.0%
Arkansas $1,846 -$0 0.0%
California $2,102 $256 13.9%
Colorado $1,762 -$84 -4.6%
Connecticut $1,896 $50 2.7%
Delaware $2,086 $240 13.0%
Florida $2,308 $462 25.0%
Georgia $1,702 -$144 -7.8%
Hawaii $1,324 -$522 -28.3%
Idaho $1,248 -$598 -32.4%
Illinois $1,374 -$472 -25.6%
Indiana $1,388 -$458 -24.8%
Iowa $1,244 -$602 -32.6%
Kansas $1,752 -$94 -5.1%
Kentucky $2,516 $670 36.3%
Louisiana $2,730 $884 47.9%
Maine $1,136 -$710 -38.5%
Maryland $1,522 -$324 -17.6%
Massachusetts $1,476 -$370 -20.0%
Michigan $3,204 $1,358 73.6%
Minnesota $1,544 -$302 -16.4%
Mississippi $2,210 $364 19.7%
Missouri $1,636 -$210 -11.4%
Montana $1,980 $134 7.3%
Nebraska $1,456 -$390 -21.1%
Nevada $2,212 $366 19.8%
New Hampshire $1,330 -$516 -28.0%
New Jersey $2,060 $214 11.6%
New Mexico $1,634 -$212 -11.5%
New York $1,942 $96 5.2%
North Carolina $1,062 -$784 -42.5%
North Dakota $1,510 -$336 -18.2%
Ohio $1,274 -$572 -31.0%
Oklahoma $1,894 $48 2.6%
Oregon $1,688 -$158 -8.6%
Pennsylvania $1,760 -$86 -4.7%
Rhode Island $2,460 $614 33.3%
South Carolina $1,670 -$176 -9.5%
South Dakota $1,556 -$290 -15.7%
Tennessee $1,614 -$232 -12.6%
Texas $2,222 $376 20.4%
Utah $1,366 -$480 -26.0%
Vermont $1,262 -$584 -31.6%
Virginia $1,104 -$742 -40.2%
Washington $1,424 -$422 -22.9%
West Virginia $1,692 -$154 -8.3%
Wisconsin $1,276 -$570 -30.9%
Wyoming $1,642 -$204 -11.1%

View Chart as Image

Porsche 718 Cayman insurance rates by U.S. city

Using high physical damage deductibles could save up to $830 each year, while buying higher liability limits will increase premiums. Going 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 only way to know which auto insurance is cheapest is to get quotes from as many companies as possible. Every company uses a different method to calculate rates, and rates will be varied.

Porsche 718 Cayman Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 Porsche 718 Cayman $500 $1,062 $372 $2,092
2023 Porsche 718 Cayman $476 $1,020 $390 $2,044
2022 Porsche 718 Cayman $458 $1,012 $398 $2,026
2021 Porsche 718 Cayman $442 $988 $416 $2,004
2020 Porsche 718 Cayman $426 $946 $430 $1,960
2019 Porsche 718 Cayman $402 $914 $442 $1,916
2018 Porsche 718 Cayman $388 $848 $452 $1,846
2017 Porsche 718 Cayman $372 $798 $456 $1,784

Rates are averaged for all Porsche 718 Cayman 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 Cheaper Porsche 718 Cayman Insurance

Finding cheaper rates on Porsche 718 Cayman insurance not only requires being a safe and courteous driver, but also having a good credit score, avoid buying unnecessary coverage, and maximizing policy discounts. Compare prices at least every other year by requesting rates from direct carriers, and also from your local independent and exclusive agents.

Below is a condensed summary of the car insurance concepts touched on in this article.

  • High-risk drivers with multiple at-fault accidents may pay on average $2,200 more annually for auto insurance
  • Drivers can save approximately $230 per year simply by quoting early and online
  • Increasing comprehensive and collision deductibles can save approximately $825 each year
  • Drivers who want higher levels of liability will pay an extra $500 each year to go from a 30/60 limit to the 250/500 level

Rates by Driver Age

Porsche 718 Cayman Insurance Rates by Driver Age
Driver Age Premium
16 $6,776
20 $4,320
30 $1,940
40 $1,846
50 $1,684
60 $1,654

Full coverage, $500 deductibles

Rates by Deductible

Porsche 718 Cayman Insurance Rates with Different Deductibles
Deductible Premium
$100 $2,394
$250 $2,136
$500 $1,846
$1,000 $1,566

Full coverage, driver age 40

Rates by Liability Limit

Porsche 718 Cayman Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,846
50/100 $1,936
100/300 $2,049
250/500 $2,343
100 CSL $1,982
300 CSL $2,230
500 CSL $2,411

Full coverage, driver age 40

Rates for High Risk Drivers

Porsche 718 Cayman Insurance Rates for High Risk Drivers
Age Premium
16 $9,742
20 $6,892
30 $4,146
40 $4,042
50 $3,860
60 $3,830

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.

SR-22 Surcharge $271

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $101
Multi-vehicle $99
Homeowner $26
5-yr Accident Free $149
5-yr Claim Free $123
Paid in Full/EFT $93
Advance Quote $98
Online Quote $135
Total Discounts $824
Rate after discounts $1,022

Discounts are estimated and may not be available from every company or in every state.

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