Porsche Cayman Insurance Rates

Estimated insurance rates for a Porsche Cayman are $1,062 a year including full coverage. Comprehensive costs approximately $194 a year, collision insurance costs $258, and liability insurance costs around $452. Liability-only insurance costs as low as $504 a year, and high-risk driver insurance costs around $2,278. Teens pay the most at up to $4,186 a year.

Average premium for full coverage: $1,062

Premium estimates by type of coverage:

These estimates include $500 deductible amounts, liability coverage up to 30/60, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 U.S. states and Cayman trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a significant impact on car insurance prices. Rural locations are statistically proven to have a lower frequency of comprehensive and collision claims than cities with more traffic congestion. The diagram below illustrates how where you live affects auto insurance prices.

These rate differences highlight why it is important to compare prices using their specific location and risk profile, rather than relying on averaged prices.

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

More Rate Information

The chart below breaks down average Porsche Cayman insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $642
• Using higher $1,000 deductibles will save $960 every year
• The average rate for a 40-year-old good driver who chooses $500 deductibles is $1,062
• Selecting low $100 deductibles for physical damage coverage will increase the cost to $1,258
• Drivers with serious driving violations could pay around $2,278
• An auto insurance policy for full coverage for a teen driver can cost $4,186 or more

View Chart as Image

Insurance prices for a Porsche Cayman also have a wide range based on your driving characteristics, the model of your Cayman, and physical damage deductibles and liability limits.

Older drivers with no violations or accidents and high deductibles could pay as little as $1,000 a year, or $83 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers should be prepared to pay in the ballpark of $4,100 a year. View Rates by Age

Where you choose to live has a huge impact on Porsche Cayman insurance rates. A driver around age 40 might see prices as low as $820 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,520 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $300 each year, while buying higher liability limits will push prices upward. Changing from a 50/100 limit to a 250/500 limit will cost up to $407 more each year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are likely paying anywhere from $1,300 to $1,800 additional annually, depending on your age. A high-risk auto insurance policy can be anywhere from 43% to 137% more than the average policy. View High Risk Driver Rates

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 Cheap Porsche Cayman Insurance

Finding better rates on Porsche Cayman insurance requires having a good driving record, having a good credit history, refrain from filing small claims, and consideration of higher deductibles. Take the time to comparison shop every time your policy renews by getting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The next list is a brief summary of the information touched on in the above illustrations.

• You may be able to save around $120 per year just by quoting early and online
• Drivers age 20 and younger are the costliest to insure, with the cost nearing $349 per month including comprehensive and collision insurance
• Increasing policy deductibles can save around $300 each year
• High-risk drivers that tend to have accidents or serious violations could be forced to pay on average $1,220 more per year to buy Porsche Cayman insurance
• Drivers who purchase increased levels of liability coverage will pay approximately $500 per year to increase from 30/60 bodily injury limits to 250/500 limits