Porsche 718 Cayman 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 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:

Comprehensive $372
Collision $798
Liability $456

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.

Liability Only $508
Full Coverage $1,784
High Risk $3,906

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.

Rural Areas $1,338
Small Cities $1,873
Large Cities $2,408

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

View Chart as Image

Porsche 718 Cayman insurance cost comparison chart
Column chart showing Porsche 718 Cayman insurance rates range from $991 to $6,582 for full coverage

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.

Porsche 718 Cayman Insurance Rates by State
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%

View Chart as Image

Porsche 718 Cayman insurance rates by U.S. city
Porsche 718 Cayman Insurance Rates by Model Year
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

Rates by Driver Age

Porsche 718 Cayman Insurance 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

Porsche 718 Cayman Insurance Rates with Different Deductibles
Deductible Premium
$100 $2,306
$250 $2,062
$500 $1,784
$1,000 $1,518

Full coverage, driver age 40

Rates by Liability Limit

Porsche 718 Cayman Insurance Rates with Different Liability Limits
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

Porsche 718 Cayman Insurance 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.

SR-22 Surcharge $261

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
Rate after discounts $991

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

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