Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.
Porsche is a premium brand of car making it expensive to insure. However, like with any other car, the insurance rates for Porsche cars vary depending on the model. The average insurance rate for Porsche, all models combined is $3,874 per year for a 40-year-old driver.
If you are looking for the best available Porsche auto insurance and rates, then this guide is perfect for you.
There are many distinct factors that can influence your car insurance rate, some of which include age, driving history, location, make and model of the vehicle, and more so you know exactly what affects your premiumThe payment required for an insurance policy to remain in force. Auto insurance premiums are quoted for either 6-month or annual policy periods..
How much will it cost for Porsche car insurance? According to the rate analysis conducted by Insurance.com, the average cost of car insurance for Porsche vehicles is $3,874 per year for drivers age 40.
However, there are certain models that have lower premiums than others depending on their safety features and other aspects such as horsepower or engine size, etc... There are Porsche financial services available, on their website for drivers who know exactly what they want in terms of coverage options. Apart from that, this guide will help you find out, Porsche insurance rates, which model has the cheapest auto insurance quotes, and compare Porsche insurance quotes for various available models so you pay as per your budget.
Average Porsche car insurance cost by model
Car insurance rates vary from one insurance company to another.
While the price of auto insurance varies by carrierAn insurance carrier is the company that provides your car insurance policy and pays claims., all car insurance companies have their own pricing policy and varied policy features. The vehicle you drive also has an impact. Each Porsche model's base price, safety features, repair cost, part costs, and risk of being in an accident all influence the cost to insure it.
Porsche is a prestigious brand, therefore its cars are built with high-quality materials that increase the cost of the custom parts to repair them. Since claims expenses may be higher, this might result in higher auto insurance premiums.
Porsche cars come with front and knee airbags, as well as the Porsche Side Impact Protection System (POSIP) standard. Some models include curtains and airbags as well. The Porsche Active Safe (PAS) system, which is standard on some versions of the vehicle, may assist in minimizing or preventing damage from a frontal collision. The use of safer cars might help you save money on car insurance by lowering the chance of injuries and damage.
The cheapest Porsche model to insure in 2023, is Macan, at an average annual insurance premium of $2,482 per year for drivers age 40. The most expensive model to insure, in 2023 is Porsche Taycan at $4,656 per year for drivers age 40.
The car insurance rates for other Porsche models are listed in the table below:
| Year and model | Average annual premium |
|---|---|
| 2023 Porsche Macan | $2,482 |
| 2023 Porsche 718 | $2,926 |
| 2023 Porsche Cayenne | $3,102 |
| 2023 Porsche 911 | $4,270 |
| 2023 Porsche Panamera | $4,340 |
| 2023 Porsche Taycan | $4,656 |
Choose Your Vehicle Model
Porsche 911 car insurance
- The average annual cost to insure a Porsche 911 is $4,270
- Starting MSRP - $101,200
- Trim Levels – Carrera, Carrera S, Turbo, Turbo S, GT3
This legendary Porsche vehicle comes in various body shapes like Coupe, Cabriolet, and Targa which has been the identity of the prestigious car brand since 1963. It is well equipped with a timeless design and has a contemporary interpretation for it.
Auto insurance rates usually climb over time. By shopping around, you could discover that your present insurer has the best price for you or that it is time to change insurers. ZIP code, marital status, annual mileage, driving history, and vehicle make and model are just a few of the factors that influence your insurance costs.
How much is insurance on a Porsche 911?
According to Insurance.com, the average insurance cost for a Porsche 911 is $4,270 per year or $356 per month. The presence of better safety features like Porsche active safe, anti-lock brakes, front and rear park assistant, Porsche car connect make it costly to insure a Porsche 911.
The experts at Edmunds have given 8.0/10 for the expressive comfort it offers while driving. Of all the available trim levels, the Carrera trim level of Porsche 911 is the cheapest insure. The table below shows the average Porsche 911 insurance cost for different available models, as well as the rates by company and by state.
| Year and model | Average annual premium |
|---|---|
| 2023 Porsche 911 | $4,270 |
| 2022 Porsche 911 | $3,477 |
| 2021 Porsche 911 | $3,155 |
| 2020 Porsche 911 | $3,230 |
| 2019 Porsche 911 | $3,494 |
| 2018 Porsche 911 | $3,409 |
| 2017 Porsche 911 | $3,145 |
| 2016 Porsche 911 | $3,012 |
| Company | Average annual premium | Average monthly premium |
|---|---|---|
| Nationwide | $2,433 | $203 |
| State Farm | $2,833 | $236 |
| Progressive | $3,996 | $333 |
| Geico | $4,931 | $411 |
| Farmers | $5,246 | $437 |
| Allstate | $6,445 | $537 |
| State | Average annual premium | % Diff from national average |
|---|---|---|
| Alabama | $4,095 | 78% more |
| Alaska | $2,840 | 23% more |
| Arizona | $3,979 | 73% more |
| Arkansas | $5,043 | 119% more |
| California | $5,696 | 147% more |
| Colorado | $5,104 | 121% more |
| Connecticut | $3,867 | 68% more |
| Delaware | $4,298 | 86% more |
| Florida | $4,267 | 85% more |
| Georgia | $4,185 | 82% more |
| Hawaii | $2,786 | 21% more |
| Idaho | $3,312 | 44% more |
| Illinois | $3,833 | 66% more |
| Indiana | $3,622 | 57% more |
| Iowa | $4,207 | 83% more |
| Kansas | $4,744 | 106% more |
| Kentucky | $5,572 | 142% more |
| Louisiana | $6,938 | 201% more |
| Maine | $3,493 | 52% more |
| Maryland | $4,227 | 83% more |
| Massachusetts | $4,722 | 105% more |
| Michigan | $5,254 | 128% more |
| Minnesota | $4,704 | 104% more |
| Mississippi | $4,803 | 108% more |
| Missouri | $5,225 | 127% more |
| Montana | $5,193 | 125% more |
| Nebraska | $5,333 | 131% more |
| Nevada | $3,314 | 44% more |
| New Hampshire | $3,520 | 53% more |
| New Jersey | $4,050 | 76% more |
| New Mexico | $4,368 | 90% more |
| New York | $3,545 | 54% more |
| North Carolina | $3,689 | 60% more |
| North Dakota | $4,281 | 86% more |
| Ohio | $3,393 | 47% more |
| Oklahoma | $4,382 | 90% more |
| Oregon | $3,765 | 63% more |
| Pennsylvania | $4,022 | 74% more |
| Rhode Island | $4,955 | 115% more |
| South Carolina | $4,234 | 84% more |
| South Dakota | $6,532 | 183% more |
| Tennessee | $4,777 | 107% more |
| Texas | $5,034 | 118% more |
| Utah | $3,621 | 57% more |
| Vermont | $3,868 | 68% more |
| Virginia | $2,986 | 30% more |
| Washington | $2,995 | 30% more |
| Washington, D.C. | $4,895 | 112% more |
| West Virginia | $3,876 | 68% more |
| Wisconsin | $3,641 | 58% more |
| Wyoming | $5,247 | 128% more |
Compare Porsche 911 car insurance rates by state
Porsche Boxster car insurance
- The average annual cost to insure a Porsche Boxster is $2,301
- Starting MSRP - $62,600
- Trim Levels – Base, T, S, GTS
The Porsche Boxster was renamed as 718 Boxster. The engine has changed from a six-cylinder to a turbocharged four-cylinder engine, which is intrinsic to the driving experience provided by Porsche.
When it comes to insuring Boxster, your Porsche 718 Boxster insurance premium is influenced by the Porsche 718 Boxster trim and model you pick.
The Porsche Boxster drivers pay $2,301 per year or $192 per month for Boxster insurance coverage. There are four different trims available. Out of the four trims, the cheapest to insure is the base model.
The table below lists the car insurance premiums for other available models of Porsche Boxster:
| Year and model | Average annual premium |
|---|---|
| 2021 Porsche Boxster | $2,301 |
| 2020 Porsche Boxster | $2,369 |
| 2018 Porsche Boxster | $2,257 |
| 2016 Porsche Boxster | $2,104 |
Compare Porsche Boxster car insurance rates by state
Porsche Cayenne car insurance
- The average cost to insure a Cayenne is $3,102 per year
- Starting MSRP - $69,000
- Trim Levels – E Hybris, S, GTS, Turbo, Turbo S E-Hybrid, Turbo GT
With the capability of carrying up to five passengers, Cayenne and Cayenne Coupe both stand as attractive vehicles with remarkable performance. It is well known for its impressive handling, being a crossover SUV.
If you own a Porche Cayenne, get as many quotations from insurance providers as possible, regardless of whether you are purchasing a new vehicle or continuing your current coverage. By comparing the rates and coverage choices accessible by several automobile insurance companies, you may discover the best policy for your needs this way.
The average insurance cost for a Porsche Cayenne is $3,102 per year or $258 per month for standard auto insurance coverage. The cost of insurance decreases, as your model gets older. Here, the Cayenne 2023 model insurance cost is 37% more than the insurance cost for the 2016 model. Adding extra features to the newer models increases the car insurance rates.
The car insurance rates of other models of Porsche Cayenne, rates by company and rates by state are listed in the table below:
| Year and model | Average annual premium |
|---|---|
| 2023 Porsche Cayenne | $3,102 |
| 2022 Porsche Cayenne | $2,524 |
| 2021 Porsche Cayenne | $2,394 |
| 2020 Porsche Cayenne | $2,306 |
| 2019 Porsche Cayenne | $2,454 |
| 2018 Porsche Cayenne | $2,418 |
| 2017 Porsche Cayenne | $2,342 |
| 2016 Porsche Cayenne | $2,252 |
| Company | Average annual premium | Average monthly premium |
|---|---|---|
| Progressive | $2,269 | $189 |
| State Farm | $2,384 | $199 |
| Nationwide | $2,661 | $222 |
| Geico | $3,337 | $278 |
| Farmers | $3,730 | $311 |
| Allstate | $4,230 | $353 |
| State | Average annual premium | % Diff from national average |
|---|---|---|
| Alabama | $2,941 | 28% more |
| Alaska | $2,064 | 10% less |
| Arizona | $3,171 | 38% more |
| Arkansas | $3,387 | 47% more |
| California | $3,817 | 66% more |
| Colorado | $3,975 | 72% more |
| Connecticut | $2,726 | 18% more |
| Delaware | $3,005 | 30% more |
| Florida | $3,212 | 39% more |
| Georgia | $3,207 | 39% more |
| Hawaii | $2,087 | 9% less |
| Idaho | $2,466 | 7% more |
| Illinois | $2,825 | 23% more |
| Indiana | $2,671 | 16% more |
| Iowa | $2,848 | 24% more |
| Kansas | $3,440 | 49% more |
| Kentucky | $3,955 | 72% more |
| Louisiana | $4,925 | 114% more |
| Maine | $2,419 | 5% more |
| Maryland | $2,918 | 27% more |
| Massachusetts | $2,991 | 30% more |
| Michigan | $3,908 | 70% more |
| Minnesota | $3,311 | 44% more |
| Mississippi | $3,171 | 38% more |
| Missouri | $3,818 | 66% more |
| Montana | $3,590 | 56% more |
| Nebraska | $3,755 | 63% more |
| Nevada | $2,426 | 5% more |
| New Hampshire | $2,467 | 7% more |
| New Jersey | $2,955 | 28% more |
| New Mexico | $3,279 | 42% more |
| New York | $2,207 | 4% less |
| North Carolina | $3,163 | 37% more |
| North Dakota | $2,939 | 28% more |
| Ohio | $2,371 | 3% more |
| Oklahoma | $3,273 | 42% more |
| Oregon | $2,706 | 17% more |
| Pennsylvania | $2,777 | 20% more |
| Rhode Island | $3,432 | 49% more |
| South Carolina | $3,112 | 35% more |
| South Dakota | $4,429 | 92% more |
| Tennessee | $3,378 | 47% more |
| Texas | $3,589 | 56% more |
| Utah | $2,697 | 17% more |
| Vermont | $2,731 | 18% more |
| Virginia | $2,088 | 9% less |
| Washington | $2,220 | 4% less |
| Washington, D.C. | $3,395 | 47% more |
| West Virginia | $2,655 | 15% more |
| Wisconsin | $2,490 | 8% more |
| Wyoming | $3,927 | 70% more |
Compare Porsche Cayenne car insurance rates by state
Porsche Macan car insurance
- The Porsche Macan can be insured at $2,482 per year
- Starting MSRP - $54,900
- Trim Levels – Base, S, T, GTS.
The Macan is and will continue to be the sports car of compact SUVs in its most recent generation. The Macan boasts five doors and five seats, yet it is unlike anything else on the road.
According to Insurance.com, the Porsche Macan car insurance cost is $2,482 per year or $207 per month. If you are wondering, why is it so expensive to insure Macan, the reasons are - the strong turbocharged engine built, upscale interior, and premium parts which are costly to purchase for repairs.
The other make and model of Macan, along with their average annual rates, as well as car insurance rates by company and state are listed in the table below:
| Year and model | Average annual premium |
|---|---|
| 2023 Porsche Macan | $2,482 |
| 2022 Porsche Macan | $2,046 |
| 2021 Porsche Macan | $1,988 |
| 2020 Porsche Macan | $1,961 |
| 2019 Porsche Macan | $1,971 |
| 2018 Porsche Macan | $2,062 |
| 2017 Porsche Macan | $1,999 |
| 2016 Porsche Macan | $1,989 |
| Company | Average annual premium | Average monthly premium |
|---|---|---|
| State Farm | $1,824 | $152 |
| Nationwide | $1,965 | $164 |
| Progressive | $2,134 | $178 |
| Geico | $2,478 | $206 |
| Farmers | $3,103 | $259 |
| Allstate | $3,386 | $282 |
| State | Average annual premium | % Diff from national average |
|---|---|---|
| Alabama | $2,410 | 5% more |
| Alaska | $1,876 | 19% less |
| Arizona | $2,547 | 10% more |
| Arkansas | $2,703 | 17% more |
| California | $2,887 | 25% more |
| Colorado | $3,283 | 42% more |
| Connecticut | $2,211 | 4% less |
| Delaware | $2,479 | 8% more |
| Florida | $3,036 | 32% more |
| Georgia | $2,684 | 16% more |
| Hawaii | $1,698 | 26% less |
| Idaho | $1,903 | 17% less |
| Illinois | $2,307 | Equal |
| Indiana | $2,121 | 8% less |
| Iowa | $2,178 | 6% less |
| Kansas | $2,558 | 11% more |
| Kentucky | $3,190 | 38% more |
| Louisiana | $3,947 | 71% more |
| Maine | $1,784 | 23% less |
| Maryland | $2,387 | 4% more |
| Massachusetts | $2,482 | 8% more |
| Michigan | $3,149 | 37% more |
| Minnesota | $2,571 | 12% more |
| Mississippi | $2,425 | 5% more |
| Missouri | $2,878 | 25% more |
| Montana | $2,677 | 16% more |
| Nebraska | $2,819 | 22% more |
| Nevada | $2,119 | 8% less |
| New Hampshire | $1,967 | 15% less |
| New Jersey | $2,487 | 8% more |
| New Mexico | $2,611 | 13% more |
| New York | $2,011 | 13% less |
| North Carolina | $2,344 | 2% more |
| North Dakota | $2,220 | 4% less |
| Ohio | $1,972 | 14% less |
| Oklahoma | $2,515 | 9% more |
| Oregon | $2,254 | 2% less |
| Pennsylvania | $2,318 | 1% more |
| Rhode Island | $2,785 | 21% more |
| South Carolina | $2,466 | 7% more |
| South Dakota | $3,260 | 41% more |
| Tennessee | $2,720 | 18% more |
| Texas | $2,905 | 26% more |
| Utah | $2,229 | 3% less |
| Vermont | $1,999 | 13% less |
| Virginia | $1,782 | 23% less |
| Washington | $1,806 | 22% less |
| Washington, D.C. | $2,610 | 13% more |
| West Virginia | $2,107 | 9% less |
| Wisconsin | $1,978 | 14% less |
| Wyoming | $3,353 | 45% more |
Compare Porsche Macan car insurance rates by state
Porsche Panamera car insurance
- The cost to insure a Porsche Panamera is $4,340 per year
- Starting MSRP - $88,400
- Trim Levels – Base, Panamera Platinum, Panamera 4, Panamera 4 Platinum, Panamera 4 Executive, Panamera Sport Turismo, Panamera 4S, 4S Executive
The Porsche Panamera comes in two different body styles. They are – executive and sport Turismo. With the dynamism and efficiency of Porsche, the Panamera is designed as a sports car for four, with great comfort and impressive performance.
How much does Porsche Panamera insurance cost?
The Porsche Panamera insurance cost is $4,340 per year or $362 per month. It has been rated 8.0/10 for driving comfort and 8.5/10 for its driving efficiency and crash tests as per the experts at Edmunds.
For all the available models of Panamera, the insurance coverage options, along with the car insurance rates by company and state are mentioned in the table below:
| Year and model | Average annual premium |
|---|---|
| 2023 Porsche Panamera | $4,340 |
| 2022 Porsche Panamera | $3,873 |
| 2021 Porsche Panamera | $3,434 |
| 2020 Porsche Panamera | $3,374 |
| 2019 Porsche Panamera | $3,437 |
| 2018 Porsche Panamera | $3,179 |
| 2017 Porsche Panamera | $3,325 |
| 2016 Porsche Panamera | $3,267 |
| Company | Average annual premium | Average monthly premium |
|---|---|---|
| State Farm | $2,704 | $225 |
| Nationwide | $3,467 | $289 |
| Progressive | $3,556 | $296 |
| Geico | $5,102 | $425 |
| Farmers | $5,106 | $425 |
| Allstate | $6,107 | $509 |
| State | Average annual premium | % Diff from national average |
|---|---|---|
| Alabama | $4,017 | 74% more |
| Alaska | $2,579 | 12% more |
| Arizona | $4,089 | 77% more |
| Arkansas | $5,117 | 122% more |
| California | $5,741 | 149% more |
| Colorado | $5,093 | 121% more |
| Connecticut | $3,854 | 67% more |
| Delaware | $4,312 | 87% more |
| Florida | $4,597 | 99% more |
| Georgia | $4,371 | 90% more |
| Hawaii | $2,386 | 4% more |
| Idaho | $3,353 | 45% more |
| Illinois | $3,856 | 67% more |
| Indiana | $3,519 | 53% more |
| Iowa | $4,450 | 93% more |
| Kansas | $5,037 | 119% more |
| Kentucky | $5,690 | 147% more |
| Louisiana | $6,676 | 190% more |
| Maine | $3,075 | 33% more |
| Maryland | $4,153 | 80% more |
| Massachusetts | $4,376 | 90% more |
| Michigan | $5,377 | 133% more |
| Minnesota | $4,876 | 112% more |
| Mississippi | $4,864 | 111% more |
| Missouri | $5,336 | 131% more |
| Montana | $5,342 | 132% more |
| Nebraska | $5,348 | 132% more |
| Nevada | $3,299 | 43% more |
| New Hampshire | $3,483 | 51% more |
| New Jersey | $3,880 | 68% more |
| New Mexico | $4,436 | 92% more |
| New York | $3,671 | 59% more |
| North Carolina | $3,903 | 69% more |
| North Dakota | $4,211 | 83% more |
| Ohio | $3,315 | 44% more |
| Oklahoma | $4,231 | 84% more |
| Oregon | $3,621 | 57% more |
| Pennsylvania | $3,975 | 72% more |
| Rhode Island | $5,159 | 124% more |
| South Carolina | $4,276 | 86% more |
| South Dakota | $6,484 | 181% more |
| Tennessee | $4,876 | 112% more |
| Texas | $4,945 | 115% more |
| Utah | $3,592 | 56% more |
| Vermont | $3,703 | 61% more |
| Virginia | $2,817 | 22% more |
| Washington | $3,112 | 35% more |
| Washington, D.C. | $4,948 | 115% more |
| West Virginia | $4,387 | 90% more |
| Wisconsin | $3,632 | 58% more |
| Wyoming | $5,158 | 124% more |