Porsche Cayman Insurance Rates

The average insurance rates for a Porsche Cayman are $1,062 a year for full coverage insurance. Comprehensive costs approximately $194, collision costs $258, and liability coverage costs $452. Liability-only coverage costs as little as $504 a year, with high-risk coverage costing around $2,278. 16-year-old drivers cost the most to insure at $4,186 a year or more.

Average premium for full coverage: $1,062

Policy rates by type of insurance:

Rate estimates include $500 physical damage insurance deductibles, bodily injury liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and for all Cayman models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on the price of auto insurance. Rural locations are shown to have lower incidents of physical damage claims than congested cities.

The example below illustrates the difference location can make on auto insurance prices.

The examples above illustrate why everyone should compare rates using their specific location, rather than using rate averages.

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

More Rate Information

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

• The best full coverage rate is $642
• Drivers who choose higher $1,000 deductibles will pay $102 each year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,062
• Buying pricier low deductibles for comprehensive and collision insurance bumps up the cost to $1,258
• High-risk insureds with multiple tickets or accidents could pay around $2,278 or more
• Policy cost that insures a teenage driver for full coverage can cost $4,186 a year

View Chart as Image

Insurance rates for a Porsche Cayman also range considerably based on the model of your Cayman, your age and driving record, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are probably paying anywhere from $1,300 to $1,800 additional every year, depending on your age. Porsche Cayman insurance for high-risk drivers can cost around 43% to 137% more than the average rate. View High Risk Driver Rates

A more mature driver with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,000 per year on average, or $83 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,100 a year. View Rates by Age

Your home state makes a big difference in Porsche Cayman insurance rates. A 40-year-old driver could pay as low as $700 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,440 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could save up to $300 a year, whereas buying more liability protection will push rates upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $407 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to regularly compare rates and see how they stack up. Every company utilizes a different rate formula, and rates will be varied.

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 not only requires being a low-risk driver, but also having a good credit score, being claim-free, and qualifying for all possible discounts. Comparison shop every other policy renewal by getting rate quotes from direct insurance companies, and also from your local car insurance providers.

The items below are a brief recap of the ideas that were touched on in this article.

• Teen drivers are the costliest to insure, possibly costing $349 each month if comprehensive and collision insurance is included
• Drivers who tend to receive serious violations could be charged and average of $1,220 more per year to insure their Cayman
• Increasing comprehensive and collision deductibles can save approximately $300 each year
• It is possible to save around $120 per year simply by quoting online well ahead of the renewal date