Porsche is a German automobile manufacturer specializing in high-performance sports cars, SUVs, and sedans. Porsches are high-cost luxury vehicles, and no matter what Porsche model you drive, you’ll need the best car insurance you can find to protect your investment.
The average cost of Porsche insurance is $1,978.96 per year. This is much more than the national average cost of car insurance, which is $1,311 per year.
Our guide to Porsche insurance provides insurance cost information for the most popular Porsche models and several top-rated insurance companies. With the help of a local independent insurance agent, you can get quotes from multiple companies so you can get the coverage you need that fits your budget.
In this article:
How Much Does a Porsche Cost to Insure by Model?
Are Porsches Expensive to Insure?
Why Do Insurance Costs Differ Between Porsche Models?
How Much Is Car Insurance for a Porsche 911?
How Much Is Car Insurance for a Porsche Boxster?
How Much Is Car Insurance for a Porsche Cayenne?
How Much Is Car Insurance for a Porsche Cayman?
How Much Is Car Insurance for a Porsche Macan?
How Much Is Car Insurance for a Porsche Panamera?
What Other Factors Affect Porsche Insurance Costs?
How to Save the Most Money on Porsche Insurance
How Much Does a Porsche Cost to Insure by Model?
The cost to insure a Porsche can vary depending on the model. If you’re looking to purchase a Porsche, you’ll find that the Porsche Macan is the cheapest to insure, with an average car insurance cost of $1,635.00 per year.
According to our research, the most expensive Porsche to insure is the Panamera, which has an average annual insurance premium of $2,445.
We’ve broken down the insurance costs for several popular Porsche models.
| Porsche Model | Average Cost of Car Insurance Per Year |
|---|---|
| Porsche 911 | $2,319.83 |
| Porsche Boxster | $1,861.86 |
| Porsche Cayenne | $1,812.33 |
| Porsche Cayman | $1,799.71 |
| Porsche Macan | $1,635.00 |
| Porsche Panamera | $2,445.00 |
An independent insurance agent near you can help you find affordable car insurance for whatever type of Porsche you drive.
Are Porsches Expensive to Insure?
Porsche insurance costs are some of the highest you’ll find because they are expensive, powerful vehicles that are also expensive to repair. The cost to insure your Porsche also depends somewhat on the model you choose, where you live, your driving history, and the coverage options and deductibles you choose.
Why Do Insurance Costs Differ Between Porsche Models?
Car insurance costs differ by model depending on several factors. Every Porsche model has different safety ratings, repair costs, and theft rates.
In most cases, newer model years, more expensive models, and models with more horsepower typically cost more to insure than their less expensive, older, or less powerful counterparts. But you might also find that certain Porsche models that are rare or collectible will have even higher insurance costs.
You can expect insurance costs for any Porsche model to be quite high.
How Much Is Car Insurance for a Porsche 911?
Our research found that among the insurance companies we reviewed, the average cost to insure a Porsche 911 is $2,319.83 per year. Here's a look at some average insurance costs for this model from top-rated insurance carriers.
| Top Insurance Companies | Average Annual Cost |
|---|---|
| Nationwide | $1,682 |
| Auto-Owners | $1,918 |
| Vermont Mutual | $2,460 |
| Arbella | $2,551 |
| Erie | $2,598 |
| Plymouth Rock Assurance | $2,710 |
| Average cost to insure per month: | Average cost to insure per year: |
|---|---|
| $193.32 | $2,319.83 |
How Much Is Car Insurance for a Porsche Boxster?
The Porsche Boxster has an average insurance premium of $1,861.86 per year. According to our research, it's the third most expensive Porsche model to insure on our list, with rates that are often well above the national average.
| Top Insurance Companies | Average Annual Cost |
|---|---|
| Nationwide | $1,393 |
| Plymouth Rock Assurance | $1,797 |
| Auto-Owners | $1,858 |
| Vermont Mutual | $1,886 |
| Erie | $1,968 |
| Progressive | $2,039 |
| USAA | $2,092 |
| Average cost to insure per month: | Average cost to insure per year: |
|---|---|
| $155.15 | $1,861.86 |
How Much Is Car Insurance for a Porsche Cayenne?
The Porsche Cayenne SUV has an average insurance cost of $1,812.33 per year. It’s in the middle of the pack for Porsche insurance costs.
| Top Insurance Companies | Average Annual Cost |
|---|---|
| Vermont Mutual | $1,711 |
| Mercury Insurance Company | $1,748 |
| Nationwide | $1,765 |
| Progressive | $1,783 |
| Erie | $1,930 |
| USAA | $1,937 |
| Average cost to insure per month: | Average cost to insure per year: |
|---|---|
| $151.03 | $1,812.33 |
How Much Is Car Insurance for a Porsche Cayman?
The average cost to insure a Porsche Cayman is $1,799.71 per year, putting it near the bottom of Porsche models in terms of insurance costs.
| Top Insurance Companies | Average Annual Cost |
|---|---|
| Nationwide | $1,272 |
| Vermont Mutual | $1,514 |
| Auto-Owners | $1,936 |
| Acuity | $1,937 |
| Erie | $1,945 |
| Arbella | $1,991 |
| Progressive | $2,003 |
| Average cost to insure per month: | Average cost to insure per year: |
|---|---|
| $149.98 | $1,799.71 |
How Much Is Car Insurance for a Porsche Macan?
The Porsche Macan has an average annual insurance cost of $1,635.00 among the companies we reviewed. The Macan may be for you if you’re looking for the Porsche model with the most affordable insurance.
| Top Insurance Companies | Average Annual Cost |
|---|---|
| Nationwide | $1,380 |
| Vermont Mutual | $1,515 |
| Erie | $1,614 |
| Progressive | $1,654 |
| USAA | $1,693 |
| Mercury Insurance Company | $1,748 |
| Auto-Owners | $1,841 |
| Average cost to insure per month: | Average cost to insure per year: |
|---|---|
| $136.25 | $1,635.00 |
How Much Is Car Insurance for a Porsche Panamera?
The Porsche Panamera has an average annual insurance cost of $2,445 among the companies we reviewed. This is the most expensive Porsche insurance among the models and insurance companies we researched.
| Top Insurance Companies | Average Annual Cost |
|---|---|
| Nationwide | $2,025 |
| Erie | $2,347 |
| Vermont Mutual | $2,403 |
| Arbella | $2,506 |
| USAA | $2,617 |
| Auto-Owners | $2,772 |
| Average cost to insure per month: | Average cost to insure per year: |
|---|---|
| $203.75 | $2445.00 |
What Other Factors Affect Porsche Car Insurance Costs?
The make and model of your car are two of the most important factors for determining your car insurance premiums. But numerous other factors also play a role in your car insurance premiums, including:
- Your age, gender, and marital status
- Your credit score
- Where you live
- The amount of coverage and deductible that you choose
Every insurance company has its own proprietary method for calculating insurance rates, which is why you’ll see a range of premiums for the same make and model. But most companies also offer a wide range of car insurance discounts that can help you save money on your car insurance premiums.
An independent insurance agent can help you find the best rates in your area and can help you make sure that you take advantage of all the discounts for which you are eligible.
FAQs about Porsche Car Insurance
Is car insurance for a Porsche expensive?
We compared several Porsche models and found that the average cost of insurance coverage is $1,978.96 per year. This is above the national average car insurance cost of $1,311 per year. Your Porsche insurance costs will be above or below the average for the brand, depending on the model, model year, and several other factors.
What's the most expensive model of Porsche to insure?
We found that the Porsche Panamera is the most expensive model to insure. The average annual insurance cost for a Panamera according to our research is $2,445.00.
What's the cheapest model of Porsche to insure?
The Porsche Macan is the cheapest Porsche model to insure, according to our research. The average cost to insure a Macan is $1,635 per year. This is still well above the national average car insurance premium of $1,311.
How to Save the Most Money on Porsche Car Insurance
You can save the most money on Porsche insurance by working with an independent insurance agent in your area. Independent agents can compare coverage and quotes from multiple insurance companies, allowing you to choose the best option for your needs and budget. Your agent will also help you maximize the discounts you can apply to your premium, getting you the best possible rate.
Sources
https://www.thezebra.com/auto-insurance/vehicles/porsche/911/
https://www.thezebra.com/auto-insurance/vehicles/porsche/boxster/
https://www.thezebra.com/auto-insurance/vehicles/porsche/cayenne/
https://www.thezebra.com/auto-insurance/vehicles/porsche/cayman/
https://www.thezebra.com/auto-insurance/vehicles/porsche/macan/
https://www.thezebra.com/auto-insurance/vehicles/porsche/panamera/
