Porsche Cayman Insurance Rates

The average insurance prices for a Porsche Cayman are $1,062 every 12 months for full coverage insurance. Comprehensive insurance costs approximately $194, collision costs $258, and liability insurance is estimated at $452. A liability-only policy costs approximately $504 a year, with high-risk insurance costing $2,278 or more. Teenage 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 policy deductibles, 30/60 liability coverage, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and for different Cayman trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on the price of auto insurance. Rural locations are shown to have more infrequent physical damage claims than densely populated cities.

The price range example below illustrates how your location can change auto insurance prices.

The examples above illustrate why anyone shopping for car insurance should get quotes 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.

More Rate Information

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

• The best discount rate is $642
• Choosing higher $1,000 deductibles can save $102 each year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,062
• Using more expensive low deductibles for comp and collision coverage costs an extra $196 a year
• High-risk insureds who are prone to accidents and violations could pay around $2,278 or more
• Policy cost to insure a teen driver with full coverage can cost $4,186 each year

View Chart as Image

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

Using high physical damage deductibles can save as much as $300 each year, while increasing your policy's liability limits will push rates upward. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $407 extra every 12 months. View Rates by Deductible or Liability Limit

An older driver with no driving violations and higher deductibles could pay as little as $1,000 annually on average, or $83 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will be charged in the ballpark of $4,100 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying anywhere from $1,300 to $1,800 extra every year, depending on your age. High-risk driver insurance ranges anywhere from 43% to 137% more than a normal policy. View High Risk Driver Rates

Your home state plays a big part in determining prices for Porsche Cayman insurance rates. A good driver about age 40 could pay as low as $700 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,440 on average in Florida, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to compare rates from as many companies as possible. Each auto insurer uses a different method to calculate rates, so rate quotes 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 Shop for the Best Porsche Cayman Insurance

Finding cheaper rates on Porsche Cayman insurance takes avoiding accidents and claims, maintaining a good credit score, being claim-free, and avoiding coverage lapses. Invest the time to shop around every year by getting rate quotes from direct insurance companies, and also from local insurance agencies.

The points below are a brief recap of the coverage data illustrated above.

• It is possible to save around $120 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles could save as much as $300 each year
• Drivers under the age of 20 pay the highest auto insurance rates, possibly costing $349 each month if the policy includes full coverage
• High-risk drivers who tend to receive serious violations may have to pay on average $1,220 more per year to insure a Porsche Cayman