Porsche Cayman Insurance Rates

The average insurance rates for a Porsche Cayman are $1,062 a year including full coverage. Comprehensive insurance costs around $194, collision costs $258, and liability coverage costs around $452. A liability-only policy costs as low as $504 a year, with high-risk insurance costing $2,278 or more. Teen drivers cost the most to insure at $4,186 a year or more.

Average premium for full coverage: $1,062

Policy rates for type of insurance:

Rate estimates include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and for different Cayman trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on the price of insurance. Areas with sparse population are shown to have a lower frequency of comprehensive and collision claims than larger metro areas.

The price range example below illustrates the difference between rural and urban areas on auto insurance rates.

The examples above highlight why anyone shopping for car insurance should compare prices for a specific zip code and risk profile, rather than using price averages.

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

Rate Comparisons

The chart below breaks down estimated Porsche Cayman insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $642
• Using higher $1,000 deductibles will save about $102 every year
• The average rate for a good driver age 40 using $500 deductibles is $1,062
• Choosing more expensive low deductibles for physical damage coverage will cost an extra $196 each year
• Higher-risk drivers with multiple violations and an at-fault accident could pay at least $2,278 or more
• Policy cost for full coverage for a teenage driver with full coverage can be $4,186 or more

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 deductibles and policy limits.

An older driver with no driving violations and high deductibles may only pay around $1,000 a year, or $83 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged as much as $4,100 a year. View Rates by Age

Your home state has a huge impact on Porsche Cayman insurance rates. A driver around age 40 might see rates as low as $820 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,520 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing high deductibles could cut rates by as much as $300 a year, while increasing your policy's liability limits will increase rates. 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 at least $1,300 to $1,800 extra every year, depending on your age. High-risk driver insurance can be around 43% to 137% more than average. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out your exact price is to compare rates and see how they stack up. Each insurance company uses a different rate calculation, 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 Best Porsche Cayman Insurance

Finding cheaper rates on auto insurance requires having a decent driving record, having above-average credit, paying for small claims out-of-pocket, and qualifying for all possible discounts. Set aside time to compare rates at least once a year by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following items are a brief recap of the primary concepts that were covered above.

• You may be able to save up to $120 per year simply by shopping early and online
• Drivers who tend to receive serious violations pay on average $1,220 more every year than a driver with a clean driving record
• Increasing comprehensive and collision deductibles can save around $300 each year
• 16 to 18-year-old drivers are the costliest to insure, with premiums being up to $349 each month if full coverage is included