How Much Does Porsche Car Insurance Cost?
On average, insuring a Porsche costs about $347 per month, which adds up to roughly $4,172 per year.
We’ve saved shoppers an average of $600 per year on their car insurance.
The price to insure a Porsche varies based on factors like your age, driving history, and location car insurance Insurance companies use this information to evaluate the risk of insuring your Porsche and determine your premium.
Insurance Cost Per Porsche Model
| Porsche Model | Average Yearly Insurance Cost |
| Porsche 911 | $6,103 |
| Porsche 718 Boxster | $3,681 |
| Porsche Cayenne | $3,212 |
| Porsche Macan | $2,907 |
| Porsche Panamera | $4,959 |
Keep in mind that these numbers are averages, and your actual insurance cost can differ based on where you live, your age, driving record, and the type of coverage you select.
Porsche Car Insurance Cost – By Company
| Insurance Provider | Average Monthly Premium |
| State Farm | $89 |
| AAA | $90 |
| Travelers | $99 |
| The Hartford | $105 |
| Progressive | $109 |
| Nationwide | $110 |
| American Family | $111 |
| Farmers | $135 |
| Allstate | $165 |
| Liberty Mutual | $175 |
Porsche Car Insurance Cost – By U.S. State
| State | Average Annual Rate |
| Alabama | $4,419 |
| Alaska | $3,662 |
| Arizona | $4,138 |
| Arkansas | $4,522 |
| California | $5,036 |
| Colorado | $4,715 |
| Connecticut | $6,024 |
| Delaware | $4,981 |
| Florida | $5,912 |
| Hawaii | $1,940 |
| Idaho | $3,345 |
| Illinois | $3,506 |
| Indiana | $3,615 |
| Iowa | $2,850 |
| Kansas | $3,795 |
| Kentucky | $5,489 |
| Louisiana | $7,042 |
| Maine | $2,655 |
| Maryland | $4,307 |
| Massachusetts | $3,453 |
| Michigan | $8,360 |
| Minnesota | $3,437 |
| Mississippi | $4,156 |
| Missouri | $3,913 |
| Montana | $3,964 |
| Nebraska | $3,353 |
| Nevada | $5,534 |
| New Hampshire | $3,855 |
| New Jersey | $4,240 |
| New Mexico | $4,329 |
| New York | $4,027 |
| North Carolina | $2,482 |
| North Dakota | $3,415 |
| Ohio | $3,048 |
| Oklahoma | $4,842 |
| Oregon | $4,426 |
| Pennsylvania | $3,710 |
| Rhode Island | $6,220 |
| South Carolina | $4,228 |
| South Dakota | $3,774 |
| Tennessee | $4,463 |
| Texas | $4,471 |
| Utah | $3,804 |
| Vermont | $2,944 |
| Virginia | $2,759 |
| Washington | $3,652 |
| West Virginia | $3,672 |
| Wisconsin | $3,665 |
| Wyoming | $3,419 |
| Georgia | $4,825 |
How To Save Money On Porsche Car Insurance?
Owning a Porsche involves several costs, with car insurance being one of the largest. However, there are ways to reduce your insurance expenses. Here’s how:
1. Maintain a Clean Driving Record
Insurance companies pay close attention to your driving history when setting your premium. Staying accident-free and avoiding traffic tickets can demonstrate that you’re a low-risk driver, which can help lower your insurance costs.
2. Bundle Your Policies
Many insurance companies provide discounts if you bundle multiple policies, such as home and auto insurance. This approach not only makes managing your insurance easier but also helps you save on your premiums.
3. Raise Your Deductible
Raising your deductible, which is the amount you pay before your insurance starts covering costs, can reduce your premium. Make sure you can cover the higher deductible if you need to make a claim.
4. Install Safety Features
Porsche cars have many safety features, but installing additional items like anti-theft devices can help lower your insurance costs even more by reducing the risk of theft and damage.
5. Take Advantage of Discounts
Insurance companies frequently provide discounts for being a good student, maintaining a clean driving record, or completing a defensive driving course. Check with your insurer to find out if you’re eligible for any of these discounts.
6. Shop Around
Insurance premiums can differ a lot from one provider to another. It’s essential to compare quotes and select the insurer that provides the best value for what you need.
7. Consider Usage-Based Insurance
If you don’t drive your Porsche very often, consider usage-based insurance. This policy sets your premium based on how much you drive, which can save you money if your Porsche isn’t your primary vehicle.
