Porsche Cayman Insurance Rates

U.S. average insurance rates for a Porsche Cayman are $1,062 a year for full coverage insurance. Comprehensive insurance costs around $194 a year, collision costs $258, and liability insurance costs $452. Buying just liability costs as little as $504 a year, with insurance for high-risk drivers costing $2,278 or more. 16-year-old drivers pay the highest rates at $4,186 a year or more.

Average premium for full coverage: $1,062

Price estimates for individual coverage:

Price estimates include $500 policy deductibles, 30/60 bodily injury liability limits, and includes uninsured motorist and medical coverage. Estimates are averaged for all 50 states and Cayman trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on car insurance rates. Areas with sparse population have a lower frequency of physical damage claims than congested cities.

The diagram below illustrates the effect of geographic area on auto insurance rates.

The ranges above illustrate why it is important to compare rates for a specific zip code and risk profile, rather than relying on rate averages.

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

Additional Rate Information

The chart below illustrates estimated Porsche Cayman insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $642
• Drivers who choose higher $1,000 deductibles will pay about $960 each year
• The average rate for the average middle-age driver using $500 deductibles is $1,062
• Buying low $100 deductibles for comprehensive and collision insurance will cost an extra $196 a year
• High risk drivers with multiple tickets or accidents could pay at least $2,278 or more
• The price for full coverage for a teen driver can be $4,186 a year

View Chart as Image

Insurance prices for a Porsche Cayman are also quite variable based on your driving record, the model year and trim level, and deductibles and policy limits.

Older drivers with no violations or accidents and high deductibles could pay as little as $1,000 per year on average for full coverage. Prices are highest for teenage drivers, where even good drivers should be prepared to pay as much as $4,100 a year. View Rates by Age

The state you live in makes a big difference in Porsche Cayman insurance rates. A 40-year-old driver could pay as low as $700 a year in states like Vermont, Wisconsin, and North Carolina, or at least $1,440 on average in Michigan, New York, and Florida.

View Chart as Image

Opting for high physical damage deductibles could save up to $300 each year, while buying higher liability limits will increase prices. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $407 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying at least $1,300 to $1,800 additional each year, depending on your age. A high-risk auto insurance policy can cost anywhere from 43% to 137% more than the average rate. View High Risk Driver Rates

Since prices can be so different, the only way to figure out your exact price is to get quotes from as many companies as possible. Every company utilizes a different rate formula, and prices may be quite different 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 Cheaper Porsche Cayman Insurance

Getting lower rates on Porsche Cayman insurance not only requires being a good driver, but also having a good credit history, not filing small claims, and taking advantage of discounts. Take the time to compare rates at every other renewal by quoting rates from direct insurance companies like Progressive and GEICO, and also from local exclusive and independent agents.

The following list is a condensed summary of the concepts that were covered in the above illustrations.

• High-risk drivers with multiple at-fault accidents may pay on average $1,220 more every year than a safer driver
• Drivers age 16 to 20 are charged the highest prices, as much as $349 a month including comprehensive and collision insurance
• It is possible to save up to $120 per year simply by quoting early and online
• Increasing physical damage deductibles can save around $300 each year
• It is possible to save up to $120 per year simply by quoting early and online