Porsche Panamera Insurance Rates

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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

UPDATED: May 20, 2024

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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.

The average insurance rates for a Porsche Panamera are $1,458 a year for full coverage insurance. Comprehensive costs an estimated $322, collision insurance costs $500, and liability is $478. Liability-only insurance costs around $526 a year, and high-risk driver insurance costs around $3,142. Teen drivers cost the most to insure at up to $5,444 a year.

Average premium for full coverage: $1,458

Policy rates broken down by type of insurance:

Comprehensive $322
Collision $500
Liability $478

Price estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and for all Panamera models.

Price Range Variability

For a 40-year-old driver, Porsche Panamera insurance rates range from the low end price of $526 for basic liability insurance to the much higher price of $3,142 for a high-risk insurance policy.

Liability Only $526
Full Coverage $1,458
High Risk $3,142

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than larger metro areas. The example below illustrates how your location can change insurance prices.

Rural Areas $1,094
Small Cities $1,531
Large Cities $1,968

The examples above illustrate why everyone should compare rates quotes for a targeted area, instead of using price averages.

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.

Rate Comparisons

The chart below illustrates average Porsche Panamera insurance rates for other coverage scenarios.

  • The lowest rate with discounts is $846
  • Raising to $1,000 deductibles will save approximately $188 each year
  • The estimated price for a good driver age 40 who has $500 deductibles is $1,458
  • Choosing pricier low deductibles bumps up the cost to $1,816
  • At-risk drivers with multiple violations and an at-fault accident could pay up to $3,142
  • Policy cost that insures a teen driver for full coverage can cost as much as $5,444

View Chart as Image

Porsche Panamera insurance cost comparison chart
Column chart showing Porsche Panamera insurance rates range from $846 to $5,444 for full coverage

Auto insurance rates for a Porsche Panamera also range considerably based on the model of your Panamera, your age and driving record, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are probably paying $1,700 to $2,400 in extra premium every year, depending on your age. Porsche Panamera insurance for high-risk drivers is expensive and can cost as much as 44% to 130% more than average. View High Risk Driver Rates

A more mature driver with a good driving record and higher comprehensive and collision deductibles may pay as little as $1,400 every 12 months on average, or $117 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will have to pay at least $5,400 a year. View Rates by Age

Your home state also has a big influence on Porsche Panamera insurance prices. A middle-age driver might find rates as low as $950 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,970 on average in Florida, New York, and Michigan.

Porsche Panamera Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,318 -$140 -9.6%
Alaska $1,118 -$340 -23.3%
Arizona $1,208 -$250 -17.1%
Arkansas $1,458 -$0 0.0%
California $1,660 $202 13.9%
Colorado $1,392 -$66 -4.5%
Connecticut $1,498 $40 2.7%
Delaware $1,650 $192 13.2%
Florida $1,822 $364 25.0%
Georgia $1,344 -$114 -7.8%
Hawaii $1,044 -$414 -28.4%
Idaho $986 -$472 -32.4%
Illinois $1,086 -$372 -25.5%
Indiana $1,096 -$362 -24.8%
Iowa $984 -$474 -32.5%
Kansas $1,386 -$72 -4.9%
Kentucky $1,988 $530 36.4%
Louisiana $2,156 $698 47.9%
Maine $898 -$560 -38.4%
Maryland $1,202 -$256 -17.6%
Massachusetts $1,166 -$292 -20.0%
Michigan $2,532 $1,074 73.7%
Minnesota $1,220 -$238 -16.3%
Mississippi $1,746 $288 19.8%
Missouri $1,294 -$164 -11.2%
Montana $1,566 $108 7.4%
Nebraska $1,150 -$308 -21.1%
Nevada $1,748 $290 19.9%
New Hampshire $1,050 -$408 -28.0%
New Jersey $1,630 $172 11.8%
New Mexico $1,288 -$170 -11.7%
New York $1,534 $76 5.2%
North Carolina $840 -$618 -42.4%
North Dakota $1,192 -$266 -18.2%
Ohio $1,006 -$452 -31.0%
Oklahoma $1,496 $38 2.6%
Oregon $1,334 -$124 -8.5%
Pennsylvania $1,390 -$68 -4.7%
Rhode Island $1,942 $484 33.2%
South Carolina $1,320 -$138 -9.5%
South Dakota $1,230 -$228 -15.6%
Tennessee $1,278 -$180 -12.3%
Texas $1,758 $300 20.6%
Utah $1,080 -$378 -25.9%
Vermont $998 -$460 -31.6%
Virginia $872 -$586 -40.2%
Washington $1,126 -$332 -22.8%
West Virginia $1,334 -$124 -8.5%
Wisconsin $1,008 -$450 -30.9%
Wyoming $1,298 -$160 -11.0%

View Chart as Image

Porsche Panamera insurance rates by U.S. city

Choosing high deductibles can reduce rates by up to $550 every year, whereas buying more liability protection will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $430 extra every 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 $1,390 $116
Porsche Panamera 4S AWD 4-Dr Hatchback $1,414 $118
Porsche Panamera Turbo AWD 4-Dr Hatchback $1,582 $132

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 $568 $1,092 $372 $2,190
2023 Porsche Panamera $542 $1,050 $390 $2,140
2022 Porsche Panamera $520 $1,042 $398 $2,118
2021 Porsche Panamera $502 $1,016 $416 $2,092
2020 Porsche Panamera $484 $974 $430 $2,046
2019 Porsche Panamera $458 $940 $442 $1,998
2018 Porsche Panamera $440 $872 $452 $1,922
2017 Porsche Panamera $422 $822 $456 $1,858
2016 Porsche Panamera $406 $736 $460 $1,760
2015 Porsche Panamera $378 $678 $460 $1,674
2014 Porsche Panamera $366 $636 $464 $1,624
2013 Porsche Panamera $356 $592 $474 $1,580
2012 Porsche Panamera $330 $550 $474 $1,512
2011 Porsche Panamera $322 $500 $478 $1,458
2010 Porsche Panamera $300 $458 $474 $1,390

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 Cheaper Porsche Panamera Insurance

Finding cheaper rates on car insurance consists of avoiding accidents and violations, maintaining a good credit score, being claim-free, and consideration of higher deductibles. Shop around at least every other year by getting rate quotes from direct insurance companies, and also from local insurance agencies.

The list below is a condensed summary of the car insurance concepts illustrated above.

  • Higher risk drivers with multiple at-fault accidents may have to pay on average $1,680 more annually for car insurance
  • It is possible to save approximately $170 per year just by quoting online well ahead of the renewal date
  • Increasing comprehensive and collision deductibles can save approximately $550 each year
  • Policyholders who want higher liability limits will pay about $530 annually to raise from a 30/60 limit to the 250/500 level

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.

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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 $5,444
20 $3,324
30 $1,516
40 $1,458
50 $1,332
60 $1,304

Full coverage, $500 deductibles

Rates by Deductible

Porsche Panamera Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,816
$250 $1,652
$500 $1,458
$1,000 $1,270

Full coverage, driver age 40

Rates by Liability Limit

Porsche Panamera Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,458
50/100 $1,678
100/300 $1,797
250/500 $2,108
100 CSL $1,725
300 CSL $1,988
500 CSL $2,180

Full coverage, driver age 40

Rates for High Risk Drivers

Porsche Panamera Insurance Rates for High Risk Drivers
Age Premium
16 $7,764
20 $5,300
30 $3,204
40 $3,142
50 $2,996
60 $2,968

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 $201

Potential Rate Discounts

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

Discount Savings
Multi-policy $78
Multi-vehicle $76
Homeowner $23
5-yr Accident Free $103
5-yr Claim Free $94
Paid in Full/EFT $64
Advance Quote $70
Online Quote $104
Total Discounts $612
Rate after discounts $846

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

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