Porsche Cayman Insurance Rates

U.S. average insurance prices for a Porsche Cayman are $1,062 every 12 months with full coverage. Comprehensive insurance costs approximately $194, collision costs $258, and liability insurance costs $452. A policy with just liability insurance costs as little as $504 a year, with coverage for high-risk drivers costing $2,278 or more. Teenage drivers pay the highest rates at $4,186 a year or more.

Average premium for full coverage: $1,062

Price estimates by individual coverage:

Prices include $500 physical damage insurance deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Estimates are averaged for all U.S. states and for different Cayman trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on the price of insurance. Rural locations have more infrequent collision claims than densely populated cities.

The price range example below illustrates how location helps determine auto insurance prices.

The ranges above demonstrate why anyone shopping for car insurance should compare rates using their specific location and their own driving history, rather than relying on average rates.

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

Rate Comparisons

The chart below details estimated Porsche Cayman insurance rates for additional coverage and risk scenarios.

• The best discount rate is $642
• Drivers who choose higher $1,000 deductibles will pay $102 annually
• The average price for the average middle-age driver who chooses $500 deductibles is $1,062
• Using more expensive low deductibles for comprehensive and collision insurance costs an extra $196 a year
• High risk drivers who are prone to accidents and violations could pay around $2,278 or more
• The price to insure a teen driver with full coverage can cost $4,186 a year

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

Using high physical damage deductibles could save up to $300 each year, while increasing your policy's liability limits will push prices upward. Moving from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $407 more per year. View Rates by Deductible or Liability Limit

An older driver with a clean driving record and higher deductibles could pay as little as $1,000 per year on average for full coverage. Prices are much higher for teenage drivers, since even excellent drivers can expect to pay in the ballpark of $4,100 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you may be forking out anywhere from $1,300 to $1,800 extra each year, depending on your age. High-risk driver insurance can cost anywhere from 43% to 137% more than a normal policy. View High Risk Driver Rates

The state you live in makes a big difference in Porsche Cayman insurance rates. A 40-year-old driver could pay as low as $770 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,440 on average in New York, Michigan, and Florida.

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Since prices can be so different, the best way to find out who has the cheapest auto insurance prices is to compare prices from as many companies as possible. Every company uses a different method to calculate prices, so the prices may be quite different.

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 Shop for the Right Porsche Cayman Insurance

Getting lower rates on Porsche Cayman insurance not only requires being a low-risk driver, but also having good credit, avoid buying unnecessary coverage, and maximizing policy discounts. Invest time comparing rates at least once a year by obtaining price quotes from direct companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The items below are a quick rundown of the primary concepts that were covered in the charts and tables above.

• You may be able to save around $120 per year simply by shopping early and online
• High-risk drivers with reckless driving or DUI convictions could be forced to pay on average $1,220 more per year to insure their Cayman
• Increasing physical damage deductibles could save as much as $300 each year
• Teen drivers are expensive to insure, costing up to $349 a month if they have full coverage