Porsche Insurance Rates

The average cost of car insurance for a Porsche model is about $2,250 per year.

This is $463 worse than other luxury brands. Our car insurance comparison studies assume a 40 year old good driver with full coverage and good credit, that drives around 13,000 miles per year. They also assume a single-car policy on a brand-new vehicle, and won't reflect any multi-car discounts. Many things can contribute to the actual rates. These variables include vehicle, age, location, mileage, credit score, driving record and more. Below you will find a chart that illustrates some of these differences. The tables further down show how these factors impact Porsche insurance rates.

Good Driver and Credit
Recent At-Fault Accident
Poor Credit Rating

Porsche insurance rates will vary significantly between providers for the same coverage. If you've been with your current insurance company for more than a few years, you should get new quotes to make sure you're not overpaying. Try our Competitive Quote Tool or the form below to get free quotes to lower your insurance costs. Advertising Disclosure

Insurance Cost per Porsche Model

Model Good Driver Recent Accident Poor Credit
Porsche 911 Insurance Cost $2,935 $4,310 $5,043
Porsche 718 Boxster Insurance Cost $1,997 $2,933 $3,431
Porsche Cayenne Insurance Cost $1,905 $2,797 $3,272
Porsche Macan Insurance Cost $1,788 $2,626 $3,072
Porsche Panamera Insurance Cost $2,624 $3,853 $4,507

The cost to insure a Porsche model will differ significantly by the age of the driver. Younger drivers cost more to insure because they are much more likely to be at fault in an accident. That probability decreases dramatically by the time they turn 25 and so do the premiums. In fact, insurance cost by age continues to decline until after age 60, but the increases after are modest.

Credit plays a big role in premiums in most states. The under 25 crowd is far more likely to have very little credit established. The best way to mitigate this would be to join their family's multi-vehicle policy. Their rates will become more affordable as they age up and maintain a decent driving record. They can also build their credit at the same time. While paying car insurance doesn't improve credit on its own, using a credit card to so monthly can. As long as it's paid in full every billing cycle, of course. This is also an easy way to accumulate points on a rewards credit card as it's an expense required for every driver.

Insurance costs by age vary between brands based on resale values and safety ratings. If you're not set on a Porsche, then see our insurance analysis and rankings for other makes and models here.

Porsche Insurance Cost by Age

Age Good Driver Recent Accident Poor Credit
17 $7,621 $11,191 $13,092
18 $7,102 $10,429 $12,201
19 $6,277 $9,217 $10,782
20 $5,473 $8,037 $9,401
21 $4,590 $6,740 $7,884
22 $4,470 $6,564 $7,679
23 $3,911 $5,743 $6,718
24 $3,716 $5,456 $6,383
25 $3,207 $4,708 $5,508
30 $2,498 $3,668 $4,291
35 $2,339 $3,435 $4,019
40 $2,250 $3,304 $3,865
45 $2,189 $3,215 $3,761
55 $2,008 $2,949 $3,449
65 $2,095 $3,076 $3,598
75 $2,644 $3,882 $4,542

Porsche auto insurance premiums can cost a lot more or less depending on where you live. Rates are more expensive in Michigan because they mandate much higher coverage levels. California, Hawaii and Massachusetts don't allow providers to adjust rates based on credit. These figures also do not include the potential discounts on a multi-vehicle policy. Those can provide significant savings to a household full of drivers. The table below is a breakdown of how these factors can affect Porsche models by state.

Average Porsche Insurance by State

State Good Driver Recent Accident Poor Credit
Alabama $2,384 $3,462 $4,407
Alaska $1,972 $2,734 $2,657
Arizona $2,229 $3,222 $4,748
Arkansas $2,444 $3,840 $4,228
California $2,721 $4,812 $2,721
Colorado $2,539 $3,554 $4,509
Connecticut $3,244 $5,032 $6,387
Delaware $2,686 $3,579 $4,597
Florida $3,198 $4,424 $5,765
Georgia $2,607 $3,899 $3,931
Hawaii $1,042 $1,414 $1,042
Idaho $1,809 $2,398 $2,916
Illinois $1,894 $2,863 $3,264
Indiana $1,946 $2,975 $3,338
Iowa $1,541 $2,113 $2,485
Kansas $2,050 $2,983 $3,489
Kentucky $2,964 $4,351 $5,138
Louisiana $3,805 $5,752 $6,236
Maine $1,439 $1,989 $2,936
Maryland $2,328 $3,389 $3,764
Massachusetts $1,867 $3,257 $1,867
Michigan $4,506 $6,866 $10,830
Minnesota $1,855 $2,473 $3,482
Mississippi $2,239 $3,194 $3,215
Missouri $2,110 $3,016 $3,963
Montana $2,145 $2,993 $3,484
Nebraska $1,813 $2,681 $2,913
Nevada $2,991 $4,436 $4,686
New Hampshire $2,080 $3,290 $4,159
New Jersey $2,292 $3,596 $4,706
New Mexico $2,341 $3,482 $3,615
New York $2,168 $2,730 $4,557
North Carolina $1,344 $2,309 $1,647
North Dakota $1,839 $2,796 $3,306
Ohio $1,640 $2,530 $2,593
Oklahoma $2,619 $3,750 $4,222
Oregon $2,383 $3,198 $3,819
Pennsylvania $2,007 $2,947 $3,448
Rhode Island $3,351 $4,916 $5,536
South Carolina $2,276 $3,154 $4,354
South Dakota $2,042 $2,942 $3,395
Tennessee $2,402 $3,535 $4,708
Texas $2,418 $3,494 $4,346
Utah $2,057 $2,883 $3,967
Vermont $1,584 $2,439 $2,578
Virginia $1,492 $2,291 $2,245
Washington $1,975 $2,681 $3,201
West Virginia $1,987 $2,846 $3,566
Wisconsin $1,981 $3,092 $3,527
Wyoming $1,850 $2,589 $2,757