Porsche Cayman Insurance Rates

The average insurance rates for a Porsche Cayman are $1,086 a year for full coverage insurance. Comprehensive costs approximately $198 each year, collision costs $270, and liability costs $460. Liability-only coverage costs as little as $510 a year, with high-risk coverage costing around $2,334. Teens cost the most to insure at $4,282 a year or more.

Average premium for full coverage: $1,086

Policy rates by type of insurance:

Prices are based on $500 policy deductibles, 30/60 split liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 states and Cayman models.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on the price of auto insurance. Rural locations are shown to have a lower frequency of physical damage claims than cities with more traffic congestion.

The graphic below illustrates how your location can change auto insurance prices.

The examples above illustrate why all drivers should compare rates using their specific location and risk profile, instead of making a decision based on averaged prices.

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

Additional Rate Details

The chart below illustrates estimated Porsche Cayman insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $653
• Drivers who choose higher $1,000 deductibles will pay $106 each year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,086
• Selecting low deductibles for comprehensive and collision insurance will increase the cost to $1,288
• Drivers with serious driving violations could pay around $2,334 or more
• Policy cost for full coverage for a 16-year-old driver can cost $4,282 a year

View Chart as Image

Insurance rates for a Porsche Cayman also range considerably based on your risk profile, the model year and trim level, and physical damage deductibles and liability limits.

More mature drivers with no violations or accidents and high deductibles may pay as low as $1,000 per year on average, or $83 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay in the ballpark of $4,200 a year. View Rates by Age

Your home state makes a big difference in Porsche Cayman insurance prices. A 40-year-old driver could pay as low as $710 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,470 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $310 annually, whereas increasing liability limits will push rates upward. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $414 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are probably paying anywhere from $1,300 to $1,800 additional every year, depending on your age. Insurance for high-risk drivers can cost from 42% to 133% more than the average policy. View High Risk Driver Rates

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to do a rate comparison from multiple companies. Every company calculates rates differently, and rates will be varied from one company to the next.

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 Find Affordable Porsche Cayman Insurance

Finding cheaper rates on insurance for a Porsche Cayman not only requires being a good driver, but also having a good credit history, being claim-free, and qualifying for all possible discounts. Invest the time to shop around at least every other year by obtaining price quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The following list is a brief review of the car insurance concepts illustrated above.

• Drivers considered higher risk with DUI or reckless driving convictions may pay on average $1,250 more per year than a safer driver
• It is possible to save around $120 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save around $300 each year
• Insureds who purchase an increased level of liability coverage will pay approximately $510 annually to go from a 30/60 limit to 250/500 limits