Porsche Cayman Insurance Rates

The average insurance rates for a Porsche Cayman are $1,086 a year for full coverage. Comprehensive costs approximately $198, collision insurance costs $270, and liability is estimated at $460. Liability-only coverage costs approximately $510 a year, and high-risk coverage costs around $2,334. Teens cost the most to insure at up to $4,282 a year.

Average premium for full coverage: $1,086

Policy rates by type of insurance:

These estimates include $500 physical damage insurance deductibles, minimum liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all states and for all Cayman models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on car insurance rates. Rural locations are shown to have a lower frequency of accident claims than cities with more traffic congestion. The example below illustrates the difference between rural and urban areas on auto insurance prices.

The examples above show why everyone should get quotes using their specific location and risk profile, instead of using averaged prices.

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

Additional Charts and Tables

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

• The cheapest rate after discounts is $653
• Choosing higher $1,000 deductibles can save $106 a year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,086
• Selecting pricier low deductibles for comp and collision coverage will increase the cost to $1,288
• Unlucky drivers with serious driving violations could pay around $2,334
• Policy cost for full coverage for a teen driver for full coverage can cost $4,282 each year

View Chart as Image

Insurance rates for a Porsche Cayman also range considerably based on your risk profile, the trim level of your Cayman, and physical damage deductibles and liability limits.

A more mature driver with no violations or accidents 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 should be prepared to pay in the ballpark of $4,200 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 $720 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,550 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $310 every year, whereas buying more liability protection will push rates upward. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $414 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying anywhere from $1,300 to $1,800 additional every year, depending on your age. Porsche Cayman insurance for high-risk drivers ranges as much as 42% to 133% 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 cheaper rates on car insurance takes being a low-risk driver, having a good credit history, avoid buying unnecessary coverage, and consideration of higher deductibles. Set aside time to compare rates every couple of years by getting rate quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The items below are a brief summary of the material that was covered above.

• Policyholders who purchase more liability coverage will pay approximately $510 each year to raise limits from a 30/60 limit to 250/500 limits
• Teen drivers are the costliest to insure, costing up to $357 each month including comprehensive and collision insurance
• Higher risk drivers that tend to have accidents or serious violations may pay on average $1,250 more per year to insure their Cayman
• Increasing comprehensive and collision deductibles can save around $300 each year