Porsche Insurance Rates

The average cost of car insurance for a Porsche model is about $2,499 per year.

This is $605 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 $3,569 $5,240 $6,130
Porsche 718 Boxster Insurance Cost $2,178 $3,198 $3,741
Porsche Cayenne Insurance Cost $1,990 $2,923 $3,419
Porsche Macan Insurance Cost $1,869 $2,744 $3,211
Porsche Panamera Insurance Cost $2,887 $4,239 $4,959

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 $8,463 $12,427 $14,538
18 $7,887 $11,581 $13,549
19 $6,970 $10,235 $11,973
20 $6,078 $8,924 $10,440
21 $5,096 $7,484 $8,755
22 $4,964 $7,289 $8,527
23 $4,343 $6,377 $7,461
24 $4,126 $6,059 $7,088
25 $3,561 $5,228 $6,117
30 $2,774 $4,073 $4,765
35 $2,598 $3,815 $4,463
40 $2,499 $3,669 $4,292
45 $2,431 $3,570 $4,176
55 $2,230 $3,274 $3,830
65 $2,326 $3,415 $3,995
75 $2,936 $4,311 $5,043

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 $2,647 $3,845 $4,894
Alaska $2,190 $3,035 $2,950
Arizona $2,476 $3,579 $5,272
Arkansas $2,714 $4,264 $4,695
California $3,022 $5,344 $3,022
Colorado $2,820 $3,947 $5,007
Connecticut $3,603 $5,588 $7,093
Delaware $2,983 $3,975 $5,105
Florida $3,551 $4,913 $6,402
Georgia $2,895 $4,329 $4,365
Hawaii $1,156 $1,570 $1,156
Idaho $2,009 $2,663 $3,238
Illinois $2,103 $3,179 $3,625
Indiana $2,160 $3,303 $3,707
Iowa $1,711 $2,347 $2,760
Kansas $2,277 $3,313 $3,874
Kentucky $3,291 $4,831 $5,706
Louisiana $4,225 $6,387 $6,925
Maine $1,598 $2,209 $3,261
Maryland $2,586 $3,763 $4,180
Massachusetts $2,074 $3,617 $2,074
Michigan $5,004 $7,625 $12,027
Minnesota $2,060 $2,746 $3,867
Mississippi $2,486 $3,546 $3,570
Missouri $2,343 $3,349 $4,400
Montana $2,382 $3,324 $3,869
Nebraska $2,013 $2,977 $3,235
Nevada $3,321 $4,926 $5,204
New Hampshire $2,310 $3,653 $4,618
New Jersey $2,546 $3,993 $5,226
New Mexico $2,599 $3,866 $4,014
New York $2,408 $3,032 $5,061
North Carolina $1,492 $2,564 $1,829
North Dakota $2,042 $3,104 $3,671
Ohio $1,821 $2,809 $2,880
Oklahoma $2,908 $4,164 $4,688
Oregon $2,646 $3,551 $4,241
Pennsylvania $2,229 $3,273 $3,829
Rhode Island $3,722 $5,459 $6,147
South Carolina $2,527 $3,503 $4,835
South Dakota $2,267 $3,267 $3,770
Tennessee $2,667 $3,926 $5,228
Texas $2,686 $3,880 $4,826
Utah $2,284 $3,201 $4,405
Vermont $1,759 $2,709 $2,863
Virginia $1,657 $2,544 $2,493
Washington $2,193 $2,977 $3,554
West Virginia $2,207 $3,160 $3,959
Wisconsin $2,200 $3,434 $3,917
Wyoming $2,054 $2,875 $3,062