Best Porsche Car Insurance Quotes (2023)

If you have a Porsche, you may wonder how much you’ll pay for coverage on your vehicle. Because Porsche is a luxury brand, you may pay higher auto insurance rates than you would with another company. Still, many companies offer reasonable rates for coverage, but the cost will depend on the model and year you drive. 

Porsche auto insurance costs around $3,325 annually or $277 each month for full coverage. Auto insurance rates can vary by up to $2,000 on your Porsche, depending on the type of Porsche you drive and what kind of coverage you’re looking for. For example, Porsche 911 insurance quotes may vary significantly from a Porsche Cayenne. 

The best way to find cheap auto insurance for your Porsche is to find and compare quotes from multiple companies in your area. When you compare quotes, you can find coverage that works best for you without overpaying for your coverage with a specific company. 

The Model Affects Porsche Car Insurance

Each Porsche model has an average for auto insurance coverage. Typically, this is because different models cost more or less to repair or replace if damaged or totaled. Therefore, if you drive a Porsche that costs more, you can assume the insurance cost will also be on the high end. 

For example, the average cost of auto insurance for a 911 Carrera is $323 each month, while an auto insurance policy for a 911 Turbo S is around $373 each month. 

If you drive a Porsche with a lower MSRP or one that takes longer to get from 0 to 60, your insurance costs will likely be lower. You must consider other factors impacting your Porsche auto insurance rates, like age, gender, credit score, driving history, and more.  

Insurance Companies Charge Different Rates for Porsche Car Insurance

Companies charge different rates based on your unique factors. For example, some companies may pay more attention to your credit score, while others are more concerned with your driving history. It’s important to compare auto insurance rates from several companies to get a better idea of which will offer you the coverage you need at a reasonable price.

On average, Farm Bureau offers the cheapest coverage rates for a Porsche. Full coverage with Farm Bureau costs around $1,661 annually or $138 per month on average. On the other hand, rates with Geico are around $4,367 annually or $364 per month. Because rates with Geico are about 31% higher than average with other companies, comparing before committing to an auto insurance policy with any company is important. 

Read the Farm Bureau auto insurance review to learn whether Farm Bureau is a good option.

Porsche 718 Boxster Car Insurance

On average, full coverage Porsche 718 Boxster car insurance rates are $3,024 annually or $252 per month for a 30-year-old man. A 45-year-old man will pay $2,801 annually or $233 each month.

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State Farm offers the cheapest auto insurance coverage on average if you drive a Porsche Boxster. You’ll pay around $140 per month for full coverage on your Porsche Boxster with State Farm. Read our State Farm Auto Insurance Review to learn whether the company would meet your auto insurance needs.

Car Insurance for a Porsche 718 Cayman

Porsche 718 Cayman car insurance rates are around $3,001 annually or $250 per month on average.

Farm Bureau offers the cheapest 718 Cayman rates. If you purchase coverage with Farm Bureau, you’ll pay around $1,835 annually or $153 each month. Rates with Geico are the most expensive. You’ll spend $340 monthly on coverage for your 718 Cayman with Geico.

Car Insurance for the Porsche 718 Spyder

Coverage for a Porsche 718 Spyder is $3,621 annually or $302 per month on average for a 30-year-old driver. Coverage for the Spyder may vary significantly based on the year.

Rates with Farm Bureau are the cheapest for Porsche 718 Spyder auto insurance. With Farm Bureau, you’ll pay around $1,312 annually or $109 per month on coverage. However, rates with State Farm are significantly higher. With State Farm, you’ll pay $6,028 per year or $502 each month.

Car Insurance for a Porsche 911 Carrera

In many cases, the Porsche 911 Carrera is the second most expensive Porsche to insure. You’ll pay around $4,021 annually or $335 each month for auto insurance on your 911 Carrera if you’re 30 years old. 

Farm Bureau once again offers the cheapest coverage options for a Carrera. With Farm Bureau, you’ll pay around $1,805 annually or $150 per month.

Car Insurance for a Porsche 911 Turbo S

On average, you’ll pay $4,475 annually or $373 per month for a full coverage policy on your Porsche 911 Turbo S.

Once again, Farm Bureau rates for a Porsche 911 Turbo S are the cheapest at $1,859 per year or $155 monthly on average.

Porsche Cayenne Car Insurance

The average insurance rate for a Porsche Cayenne is $2,790 per year or $233 every month if you buy a full coverage policy. 

Porsche Cayenne insurance costs around $1,687 annually or $141 per month for full coverage with Farm Bureau.

Car Insurance for a Porsche Macan

If you drive a Porsche Macan, you’ll pay around $2,363 per year or $197 each month if you’re a 30-year-old driver.

Rates with State Farm are the lowest on average for a Macan. With State Farm, Porsche Macan car insurance costs around $1,728 annually or $144 per month for a full coverage policy. 

Car Insurance for a Porsche Panamera

If you’re a 30-year-old driver, you’ll pay $3,786 annually or $316 monthly for Porsche Panamera car insurance.

Farm Bureau offers the most affordable Porsche Panamera auto insurance rates. Porsche Panamera insurance costs around $1,815 annually or $151 per month for a full coverage policy with Farm Bureau.

Car Insurance for a Porsche Taycan Turbo

The average cost for a full coverage policy on a Porsche Taycan Turbo is around $3,468 annually or $289 per month if you’re 30 years old. 

With Farm Bureau, you can get full coverage rates on your Taycan Turbo for as low as $1,053 annually or $88 each month.

Getting Car Insurance Directly From Porsche

Porsche sells individual auto insurance policies, though policies are currently only available in five states in the U.S.

With a Porsche auto insurance policy, shops will repair your vehicle with original manufacturer parts. A Porsche auto insurance policy allows you to purchase additional coverage for any custom parts or accessories you want to be included in your policy.

Check with Porsche if you’re interested in purchasing auto insurance through the company to learn whether it’s an option in your area. 

Finding Cheap Porsche Car Insurance

If you drive a Porsche, you’ll want to consider purchasing full coverage auto insurance for adequate protection. Rates vary significantly based on the type of Porsche you drive, your age, and other factors.

To find the most affordable coverage for your Porsche, find and compare quotes from several auto insurance companies. Doing so will allow you to get the coverage you need and avoid paying too much for your auto insurance.