Porsche Cayman Insurance Rates

The average auto insurance rates for a Porsche Cayman are $1,086 annually including full coverage. Comprehensive insurance costs an estimated $198 each year, collision insurance costs $270, and liability insurance is estimated at $460. Buying just liability costs approximately $510 a year, and insurance for high-risk drivers costs $2,334 or more. Teenage drivers cost the most to insure at up to $4,282 a year.

Average premium for full coverage: $1,086

Policy rates broken down by type of insurance:

These estimates include $500 policy deductibles, minimum liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and Cayman models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on the price of auto insurance. More rural locations are shown to have fewer comprehensive and collision claims than densely populated cities. The graphic below illustrates how geographic area affects insurance prices.

The examples above highlight why all drivers should get quotes for a targeted area and their own personal driving habits, rather than relying on average rates.

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

Additional Rate Details

The chart below breaks down average Porsche Cayman insurance rates for other coverage scenarios.

• The best discount rate is $653
• Choosing higher $1,000 deductibles can save approximately $106 every year
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,086
• Using low deductibles for comp and collision coverage costs an additional $202 a year
• High-risk insureds who are prone to accidents and violations could pay up to $2,334
• Policy cost with full coverage for a teen driver can cost as much as $4,282 each year

View Chart as Image

Insurance rates for a Porsche Cayman also range considerably based on the model year and trim level, your driving characteristics, and liability limits and deductibles.

More mature drivers with a clean driving record and high physical damage deductibles could pay as little as $1,000 annually on average, or $83 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay at least $4,200 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying $1,300 to $1,800 extra every year, depending on your age. Insurance for high-risk drivers ranges anywhere from 42% to 133% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $310 each year, whereas increasing liability limits will increase premiums. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $414 more per year. View Rates by Deductible or Liability Limit

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 $830 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,550 on average in Louisiana, New York, and Michigan.

View Chart as Image

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 Buy Cheap Porsche Cayman Insurance

Finding cheaper rates on Porsche Cayman insurance takes avoiding accidents and claims, having a good credit history, paying for small claims out-of-pocket, and deciding if full coverage is necessary. Invest the time to compare rates every couple of years by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The points below are a brief summary of the material that was presented in the illustrations above.

• Drivers who want increased liability limits will pay an extra $510 per year to raise limits from a 30/60 limit to higher 250/500 limits
• Drivers under the age of 20 are charged the highest rates, with premiums being up to $357 each month including comprehensive and collision insurance
• High-risk drivers that tend to have accidents or serious violations could be forced to pay on average $1,250 more annually to insure a Porsche Cayman
• Increasing comprehensive and collision deductibles could save up to $300 each year