Porsche 718 Cayman Insurance Rates
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UPDATED: May 27, 2024
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Average auto insurance rates for a Porsche 718 Cayman are $1,784 annually for full coverage insurance. Comprehensive costs approximately $372 a year, collision insurance costs $798, and liability costs $456. A liability-only policy costs as little as $508 a year, and high-risk insurance costs around $3,906. Teen drivers receive the highest rates at up to $6,582 a year.
Average premium for full coverage: $1,784
Rate estimates by individual coverage type:
Price estimates include $500 policy deductibles, 30/60 liability coverage, and includes uninsured motorist and medical coverage. Rates are averaged for all 50 states and 718 Cayman trim levels.
Price Range by Coverage and Risk
For the average 40-year-old driver, prices range range from as cheap as $508 for the bare minimum liability coverage to a high of $3,906 for a policy for a high-risk driver.
Price Range by Location
Your location can make a big difference on the price of auto insurance. Rural locations tend to have fewer physical damage claims than larger metro areas. The diagram below illustrates the difference location can make on auto insurance prices.
These examples illustrate why it is important to compare rates using their specific location and their own personal driving habits, instead of making a decision based on 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.
Additional Rate Information
The chart below illustrates average Porsche 718 Cayman insurance rates for additional coverage and risk scenarios.
- The lowest rate with discounts is $991
- Drivers who choose higher $1,000 deductibles will pay $1,518 each year
- The estimated rate for a 40-year-old driver who chooses $500 deductibles is $1,784
- Choosing low $100 deductibles for comprehensive and collision insurance will cost $2,306
- Drivers with multiple violations and an at-fault accident could pay around $3,906
- The cost with full coverage for a 16-year-old driver can cost $6,582 a year
Insurance rates for a Porsche 718 Cayman can also vary considerably based on the trim level of your 718 Cayman, your risk profile, and physical damage deductibles and liability limits.
Older drivers with a clean driving record and high physical damage deductibles may pay as low as $1,600 per year on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they can expect to pay in the ballpark of $6,500 a year. View Rates by Age
If you like to drive fast or you caused a few accidents, you are probably paying anywhere from $2,100 to $2,900 extra per year, depending on your age. A high-risk auto insurance policy can cost from 44% to 131% more than average. View High Risk Driver Rates
Choosing high deductibles could save up to $790 annually, while buying higher liability limits will push rates upward. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $411 more per year. View Rates by Deductible or Liability Limit
Where you live makes a big difference in Porsche 718 Cayman insurance prices. A 40-year-old driver could pay as low as $1,170 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $2,410 on average in Florida, New York, and Michigan.
State | Premium | Compared to U.S. Avg | Percent Difference |
---|---|---|---|
Alabama | $1,614 | -$170 | -9.5% |
Alaska | $1,370 | -$414 | -23.2% |
Arizona | $1,480 | -$304 | -17.0% |
Arkansas | $1,784 | -$0 | 0.0% |
California | $2,034 | $250 | 14.0% |
Colorado | $1,706 | -$78 | -4.4% |
Connecticut | $1,834 | $50 | 2.8% |
Delaware | $2,018 | $234 | 13.1% |
Florida | $2,232 | $448 | 25.1% |
Georgia | $1,648 | -$136 | -7.6% |
Hawaii | $1,282 | -$502 | -28.1% |
Idaho | $1,206 | -$578 | -32.4% |
Illinois | $1,330 | -$454 | -25.4% |
Indiana | $1,344 | -$440 | -24.7% |
Iowa | $1,206 | -$578 | -32.4% |
Kansas | $1,696 | -$88 | -4.9% |
Kentucky | $2,434 | $650 | 36.4% |
Louisiana | $2,640 | $856 | 48.0% |
Maine | $1,102 | -$682 | -38.2% |
Maryland | $1,470 | -$314 | -17.6% |
Massachusetts | $1,428 | -$356 | -20.0% |
Michigan | $3,100 | $1,316 | 73.8% |
Minnesota | $1,494 | -$290 | -16.3% |
Mississippi | $2,138 | $354 | 19.8% |
Missouri | $1,582 | -$202 | -11.3% |
Montana | $1,918 | $134 | 7.5% |
Nebraska | $1,404 | -$380 | -21.3% |
Nevada | $2,138 | $354 | 19.8% |
New Hampshire | $1,286 | -$498 | -27.9% |
New Jersey | $1,994 | $210 | 11.8% |
New Mexico | $1,580 | -$204 | -11.4% |
New York | $1,880 | $96 | 5.4% |
North Carolina | $1,028 | -$756 | -42.4% |
North Dakota | $1,460 | -$324 | -18.2% |
Ohio | $1,230 | -$554 | -31.1% |
Oklahoma | $1,832 | $48 | 2.7% |
Oregon | $1,634 | -$150 | -8.4% |
Pennsylvania | $1,702 | -$82 | -4.6% |
Rhode Island | $2,380 | $596 | 33.4% |
South Carolina | $1,614 | -$170 | -9.5% |
South Dakota | $1,506 | -$278 | -15.6% |
Tennessee | $1,562 | -$222 | -12.4% |
Texas | $2,150 | $366 | 20.5% |
Utah | $1,322 | -$462 | -25.9% |
Vermont | $1,222 | -$562 | -31.5% |
Virginia | $1,068 | -$716 | -40.1% |
Washington | $1,378 | -$406 | -22.8% |
West Virginia | $1,634 | -$150 | -8.4% |
Wisconsin | $1,236 | -$548 | -30.7% |
Wyoming | $1,590 | -$194 | -10.9% |
Model Year | Comprehensive | Collision | Liability | Total Premium |
---|---|---|---|---|
2024 Porsche 718 Cayman | $476 | $1,020 | $390 | $2,044 |
2023 Porsche 718 Cayman | $458 | $1,012 | $398 | $2,026 |
2022 Porsche 718 Cayman | $442 | $988 | $416 | $2,004 |
2021 Porsche 718 Cayman | $426 | $946 | $430 | $1,960 |
2020 Porsche 718 Cayman | $402 | $914 | $442 | $1,916 |
2019 Porsche 718 Cayman | $388 | $848 | $452 | $1,846 |
2018 Porsche 718 Cayman | $372 | $798 | $456 | $1,784 |
2017 Porsche 718 Cayman | $356 | $716 | $460 | $1,690 |
Rates are averaged for all Porsche 718 Cayman models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Buy Cheaper Porsche 718 Cayman Insurance
Saving money on insurance for a Porsche 718 Cayman not only requires being safe and accident-free, but also having a good credit history, avoid buying unnecessary coverage, and possibly raising deductibles. Make time to compare rates every year by requesting rates from direct insurance companies like Progressive and GEICO, and also from insurance agencies where you live.
Below you'll find a condensed summary of the coverage data touched on in this article.
- It is possible to save around $220 per year just by quoting early and online
- Increasing deductibles could save up to $800 each year
- Youthful drivers are expensive to insure, costing up to $549 per month including comprehensive and collision insurance
- Drivers considered higher risk with multiple at-fault accidents could be forced to pay on average $2,120 more per year than a low-risk driver
Rate Tables and Charts
Rates by Driver Age
Driver Age | Premium |
---|---|
16 | $6,582 |
20 | $4,170 |
30 | $1,872 |
40 | $1,784 |
50 | $1,628 |
60 | $1,600 |
Full coverage, $500 deductibles
Rates by Deductible
Deductible | Premium |
---|---|
$100 | $2,306 |
$250 | $2,062 |
$500 | $1,784 |
$1,000 | $1,518 |
Full coverage, driver age 40
Rates by Liability Limit
Liability Limit | Premium |
---|---|
30/60 | $1,784 |
50/100 | $1,875 |
100/300 | $1,989 |
250/500 | $2,286 |
100 CSL | $1,921 |
300 CSL | $2,172 |
500 CSL | $2,354 |
Full coverage, driver age 40
Rates for High Risk Drivers
Age | Premium |
---|---|
16 | $9,452 |
20 | $6,658 |
30 | $4,004 |
40 | $3,906 |
50 | $3,730 |
60 | $3,700 |
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.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
Discount | Savings |
---|---|
Multi-policy | $98 |
Multi-vehicle | $96 |
Homeowner | $25 |
5-yr Accident Free | $142 |
5-yr Claim Free | $119 |
Paid in Full/EFT | $89 |
Advance Quote | $94 |
Online Quote | $130 |
Total Discounts | $793 |
Discounts are estimated and may not be available from every company or in every state.
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