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 each year, collision costs $258, and liability is estimated at $452. A liability-only policy costs approximately $504 a year, with high-risk insurance 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:

Prices include $500 physical damage insurance deductibles, 30/60 liability coverage, and includes UM/UIM and medical coverage. Prices are averaged for all 50 U.S. states and Cayman models.

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 a lower frequency of comprehensive and collision claims than densely populated cities.

The graphic below illustrates how where you live affects insurance prices.

The examples above highlight why all drivers should get quotes for a targeted area and risk profile, instead of using average rates.

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

Rates by State, City, and Model

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 average rate for a good driver age 40 who has $500 deductibles is $1,062
• Using low deductibles for comp and collision coverage will increase the cost to $1,258
• Unlucky drivers who are prone to accidents and violations could pay up to $2,278 or more
• Policy cost for full coverage for a teen driver can cost as much as $4,186 each year

View Chart as Image

Car insurance rates for a Porsche Cayman also range considerably based on your risk profile, the model of your Cayman, and liability limits and deductibles.

More mature drivers with no driving violations and high deductibles may pay as little as $1,000 annually on average, or $83 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged 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, whereas increasing liability limits will increase premiums. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $407 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying $1,300 to $1,800 extra every year, depending on your age. Insurance for high-risk drivers ranges as much as 43% to 137% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to do a rate comparison and see which company has the best rate. Each auto insurer uses a different method to calculate rates, so rate quotes will be varied 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 the Right Porsche Cayman Insurance

Finding cheaper rates on car insurance takes being a low-risk driver, having above-average credit, paying for small claims out-of-pocket, and not having any coverage lapses. Take the time to comparison shop every year by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The items below are a quick rundown of the coverage data touched on in the above illustrations.

• You may be able to save approximately $120 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save around $300 each year
• Teen drivers have the highest car insurance rates, with premiums being up to $349 each month if full coverage is included
• Higher risk drivers with reckless driving or DUI convictions may pay on average $1,220 more annually to insure their Cayman