Porsche Panamera Insurance Rates

Enter your zip code below to view companies that have cheap auto insurance rates.

Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

Michelle Robbins

Licensed Insurance Agent

Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...

Licensed Insurance Agent

UPDATED: May 20, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

More often than not, trying to find reliable car insurance quotes can seem like a headache. That’s why you should know that the average Porsche Panamera insurance costs drivers $2,190 a year for full coverage, which boils down to a $183 monthly insurance bill.

While there are a variety of factors that come into play, the age and location of the driver play a huge role. For example, younger drivers who live in major cities typically pay more than older drivers who live in rural areas.

We have outlined all the information you need to know in this helpful guide. Feel encouraged to read through the details of this comprehensive guide and enter your five-digit ZIP code in the box above to start comparing Porsche Panamera insurance rates from multiple providers.

Estimated insurance rates for a Porsche Panamera are $1,390 a year including full coverage. Comprehensive costs on average $300, collision insurance costs $458, and liability is $474. Liability-only coverage costs around $522 a year, and high-risk coverage costs around $2,992. Teenage drivers pay the most at up to $5,226 a year.

Average premium for full coverage: $1,390

Premium estimates by type of coverage:

Comprehensive $300
Collision $458
Liability $474

Full coverage includes $500 policy deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 U.S. states and for all Panamera models.

Insurance Price Range by Risk and Coverage

For the average driver, insurance rates for a Porsche Panamera range from the low end price of $522 for your basic liability-only policy to the much higher price of $2,992 for coverage for higher-risk drivers.

Liability Only $522
Full Coverage $1,390
High Risk $2,992

Insurance Price Range by Location

Choosing to live in a large city can make a big difference on car insurance rates. Rural areas are statistically proven to have lower incidents of comprehensive and collision claims than densely populated cities. The example below illustrates how location impacts car insurance rates.

Rural Areas $1,043
Small Cities $1,460
Large Cities $1,877

These rate differences highlight why everyone should compare rates quotes based on a specific location, instead of making a decision based on average rates.

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

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

More Rate Information

The chart below breaks down average Porsche Panamera insurance rates for different risk profiles and scenarios.

  • The best discount rate is $809
  • Raising to $1,000 deductibles will save around $174 every year
  • The estimated price for a 40-year-old good driver with $500 deductibles is $1,390
  • Using pricier low deductibles bumps up the cost to $1,718
  • Drivers who are prone to accidents and violations could pay upwards of $2,992
  • An auto insurance policy that insures a 16-year-old driver for full coverage may cost $5,226

View Chart as Image

Porsche Panamera insurance cost comparison chart
Column chart showing Porsche Panamera insurance rates range from $809 to $5,226 for full coverage

Insurance prices for a Porsche Panamera also have a wide range based on the model of your Panamera, your driving record and age, and policy deductibles and limits.

If you have a few violations or you caused an accident, you are likely paying at a minimum $1,600 to $2,300 extra annually, depending on your age. Porsche Panamera insurance for high-risk drivers is expensive and can cost from 44% to 129% more than a normal policy. View High Risk Driver Rates

A more mature driver with a clean driving record and higher comprehensive and collision deductibles may pay as low as $1,300 every 12 months on average, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records can expect to pay upwards of $5,200 a year. View Rates by Age

Where you choose to live also has a big influence on Porsche Panamera insurance prices. A middle-age driver might find prices as low as $1,070 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,980 on average in Michigan, New York, and Louisiana.

Porsche Panamera Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,256 -$134 -9.6%
Alaska $1,064 -$326 -23.5%
Arizona $1,152 -$238 -17.1%
Arkansas $1,390 -$0 0.0%
California $1,584 $194 14.0%
Colorado $1,326 -$64 -4.6%
Connecticut $1,428 $38 2.7%
Delaware $1,572 $182 13.1%
Florida $1,738 $348 25.0%
Georgia $1,280 -$110 -7.9%
Hawaii $998 -$392 -28.2%
Idaho $938 -$452 -32.5%
Illinois $1,034 -$356 -25.6%
Indiana $1,044 -$346 -24.9%
Iowa $936 -$454 -32.7%
Kansas $1,320 -$70 -5.0%
Kentucky $1,894 $504 36.3%
Louisiana $2,056 $666 47.9%
Maine $856 -$534 -38.4%
Maryland $1,146 -$244 -17.6%
Massachusetts $1,112 -$278 -20.0%
Michigan $2,412 $1,022 73.5%
Minnesota $1,160 -$230 -16.5%
Mississippi $1,662 $272 19.6%
Missouri $1,232 -$158 -11.4%
Montana $1,492 $102 7.3%
Nebraska $1,094 -$296 -21.3%
Nevada $1,666 $276 19.9%
New Hampshire $1,000 -$390 -28.1%
New Jersey $1,550 $160 11.5%
New Mexico $1,232 -$158 -11.4%
New York $1,464 $74 5.3%
North Carolina $800 -$590 -42.4%
North Dakota $1,138 -$252 -18.1%
Ohio $958 -$432 -31.1%
Oklahoma $1,428 $38 2.7%
Oregon $1,272 -$118 -8.5%
Pennsylvania $1,326 -$64 -4.6%
Rhode Island $1,852 $462 33.2%
South Carolina $1,258 -$132 -9.5%
South Dakota $1,172 -$218 -15.7%
Tennessee $1,216 -$174 -12.5%
Texas $1,672 $282 20.3%
Utah $1,028 -$362 -26.0%
Vermont $950 -$440 -31.7%
Virginia $832 -$558 -40.1%
Washington $1,076 -$314 -22.6%
West Virginia $1,272 -$118 -8.5%
Wisconsin $962 -$428 -30.8%
Wyoming $1,238 -$152 -10.9%

View Chart as Image

Porsche Panamera insurance rates by U.S. city

Using high physical damage deductibles can reduce prices by up to $510 annually, whereas buying more liability protection will cost you more. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $426 more per year. View Rates by Deductible or Liability Limit

Insurance Rates by Trim Level and Model Year

Porsche Panamera Insurance Rates by Model and Trim Level
Model and Trim Annual Premium Monthly Premium
Porsche Panamera S 4-Dr Hatchback $1,328 $111
Porsche Panamera 4S AWD 4-Dr Hatchback $1,350 $113
Porsche Panamera Turbo AWD 4-Dr Hatchback $1,504 $125

Rates assume 2011 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.

Porsche Panamera Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 Porsche Panamera $542 $1,050 $390 $2,140
2023 Porsche Panamera $520 $1,042 $398 $2,118
2022 Porsche Panamera $502 $1,016 $416 $2,092
2021 Porsche Panamera $484 $974 $430 $2,046
2020 Porsche Panamera $458 $940 $442 $1,998
2019 Porsche Panamera $440 $872 $452 $1,922
2018 Porsche Panamera $422 $822 $456 $1,858
2017 Porsche Panamera $406 $736 $460 $1,760
2016 Porsche Panamera $378 $678 $460 $1,674
2015 Porsche Panamera $366 $636 $464 $1,624
2014 Porsche Panamera $356 $592 $474 $1,580
2013 Porsche Panamera $330 $550 $474 $1,512
2012 Porsche Panamera $322 $500 $478 $1,458
2011 Porsche Panamera $300 $458 $474 $1,390
2010 Porsche Panamera $282 $416 $474 $1,330

Rates are averaged for all Porsche Panamera models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Find More Affordable Porsche Panamera Insurance

Finding better rates on insurance for a Porsche Panamera consists of avoiding accidents and claims, having above-average credit, refrain from filing small claims, and determing if full coverage is necessary. Compare prices at least once a year by requesting rates from direct car insurance companies, and also from insurance agencies where you live.

The points below are a summary of the primary concepts that were touched on above.

  • You may be able to save as much as $170 per year just by quoting online well ahead of the renewal date
  • Drivers considered higher risk who have multiple accidents or major violations could be forced to pay on average $1,600 more each year to insure a Porsche Panamera
  • Increasing policy deductibles can save approximately $500 each year
  • Drivers under the age of 20 pay the highest prices, with the cost nearing $436 per month if full coverage is included

To this point, we’ve gone over a lot of details as it pertains to Porsche Panamera insurance rates. In order to figure out what Porsche Panamera rates you qualify for, use our free online tool below.

Free Car Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

What are the safety ratings of the Porsche Panamera?

Average insurance for a Porsche Panamera can vary depending upon the safety ratings and features of the particular model you drive.

Unfortunately, the NHTSA and IIHS have not listed official crash test results for the Porsche Panamera but you can take a look at the features included below:

  • Electronic Stability Control (ESC)
  • ABS And Driveline Traction Control
  • Side Impact Beams
  • Dual Stage Driver & Passenger Seat-Mounted Side Airbags
  • ParkAssist Front & Rear Parking Sensors
  • Tire Specific Low Tire Pressure Warning
  • Dual Stage Driver & Passenger Front Airbags
  • Curtain 1st And 2nd Row Airbags
  • Airbag Occupancy Sensor
  • Driver And Passenger Knee Airbag 
  • Rear Side-Impact Airbag
  • Rear Child Safety Locks
  • Outboard Front Lap And Shoulder Safety Belts
  • Back-Up Camera

All of the safety features listed above can contribute to lower Porsche Panamera insurance rates so be sure to keep these in mind when shopping for a policy.

Porsche Panamera Compared Against Other Vehicles in the Same Class

Experts from the Insurance Institute for Highway Safety (IIHS) classify the Porsche Panamera as a large luxury sports car.

If you are curious to know how the Porsche Panamera stacks up to other similar models, take a look at the following three vehicles. Each page provides information on the insurance rates for each comparable model so you can cross-reference them with the Porsche Panamera.

Data from the IIHS shows that the Porsche Panamera has a property damage loss percentage of -29 percent. This is more than can be said for a lot of the competition, which will contribute to lower insurance rates.

Now that we have gone into great detail about how Porsche Panamera insurance rates are calculated, is there anything we might have missed? If not, start comparing Porsche Panamera quotes from multiple companies by taking advantage of our free online tool.

Rates by Driver Age

Porsche Panamera Insurance Rates by Driver Age
Driver Age Premium
16 $5,226
20 $3,168
30 $1,442
40 $1,390
50 $1,266
60 $1,242

Full coverage, $500 deductibles

Rates by Deductible

Porsche Panamera Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,718
$250 $1,568
$500 $1,390
$1,000 $1,216

Full coverage, driver age 40

Rates by Liability Limit

Porsche Panamera Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,390
50/100 $1,599
100/300 $1,717
250/500 $2,025
100 CSL $1,646
300 CSL $1,907
500 CSL $2,097

Full coverage, driver age 40

Rates for High Risk Drivers

Porsche Panamera Insurance Rates for High Risk Drivers
Age Premium
16 $7,440
20 $5,050
30 $3,048
40 $2,992
50 $2,854
60 $2,826

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $191

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $74
Multi-vehicle $73
Homeowner $22
5-yr Accident Free $97
5-yr Claim Free $90
Paid in Full/EFT $60
Advance Quote $66
Online Quote $99
Total Discounts $581
Rate after discounts $809

Discounts are estimated and may not be available from every company or in every state.

Compare Rates and Save

Find companies with the cheapest rates in your area

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

secured lock Secured with SHA-256 Encryption

You May Also Enjoy These Articles