Porsche Cayman Insurance Rates

The average insurance rates for a Porsche Cayman are $1,062 a year including full coverage. Comprehensive costs an estimated $194, collision costs $258, and liability is estimated at $452. Liability-only coverage costs approximately $504 a year, with high-risk coverage costing around $2,278. Teenage drivers 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:

Full coverage includes $500 comprehensive and collision deductibles, minimum liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and for different Cayman trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on the price of auto insurance. More rural locations are shown to have lower incidents of comprehensive and collision claims than densely populated cities.

The price range example below illustrates how where you live affects insurance prices.

The examples above highlight why anyone shopping for car insurance should get quotes for a targeted area, instead of using average rates.

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

More Rate Information

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

• The best discount rate is $642
• Choosing higher $1,000 deductibles can save approximately $102 every year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,062
• Using more expensive low deductibles for comp and collision coverage bumps up the cost to $1,258
• Unlucky drivers who are prone to accidents and violations could pay up to $2,278 or more
• Policy cost that insures a teen driver with full coverage can cost as much as $4,186 each year

View Chart as Image

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

If you have a few points on your driving record or you caused an accident, you are likely paying $1,300 to $1,800 additional every year, depending on your age. High-risk driver insurance ranges as much as 43% to 137% more than a normal policy. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,000 annually on average, or $83 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 $4,100 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 $820 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,520 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $300 every year, while increasing your policy's liability limits will increase premiums. Changing 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 best way to figure out which auto insurance is cheapest is to compare rates and see which company has the best rate. Each auto insurer uses a different method to calculate rates, and 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 Find More Affordable Porsche Cayman Insurance

Finding cheaper rates on car insurance takes avoiding accidents and violations, having a good credit score, paying for small claims out-of-pocket, and maximizing policy discounts. Compare prices every couple of years by obtaining price quotes from direct car insurance companies, and also from your local car insurance providers.

The list below is a summary of the material that was touched on in the above illustrations.

• Policyholders who want higher liability limits will pay an extra $500 per year to raise limits from a 30/60 limit to the 250/500 level
• Teenagers are expensive to insure, with premiums being up to $349 each month if comprehensive and collision insurance is included
• Higher risk drivers who have multiple accidents or major violations could be charged and average of $1,220 more annually for car insurance
• Increasing comprehensive and collision deductibles can save approximately $300 each year