Services
Insurance
Loans
Repairs
Advice
About

Cheapest Porsche Car Insurance (Jul 2024)

Compare 50+ top insurance companies including Progressive, Travelers, AAA, Nationwide (and more!) to find the best and cheapest car insurance for your Porsche.
background
Find Insurance Savings
√
No long forms
√
No spam or unwanted calls
√
Quotes from top insurance companies
background
avatar
R.E. Fulton
Licensed Insurance Agent —Senior Content Writer
icon
Reviewed by Josh Damico, Vice President Insurance Operations
icon
Edited by Lina Zhang, Licensed Insurance Agent, VP of Operations

How much does Porsche car insurance cost? 

When you think Porsche, you think sports cars—luxurious, sleek, and fast. But the automaker has more to offer than just sports cars, with models ranging from sleek crossovers to electric vehicles. Porsche offers something for every driver!
Unfortunately, Porsches aren’t known for their low insurance premiums. Porsche drivers pay an average of $996 per year for
auto insurance
—but every Porsche car insurance policy is unique. This number is just an estimate, there is no real ‘average’ cost of car insurance. Your price will depend entirely on your driver profile, which is why it’s so important to compare quotes.

How to find the cheapest Porsche car insurance Quotes 

We closely analyzed Porsche insurance quotes from real Jerry customers to help us generate accurate, personalized quotes for you.
Jerry has helped hundreds of drivers to find cheap car insurance. Check out some of our recent quotes below!
DateCarInsurance CompanyPremium (monthly)Customer DetailsInsurance coverage
July 19, 2024
Porsche Cayenne SProgressive
$102
• 50,000/100,000 Liability
• Comp / Collision
July 17, 2024
Porsche MacanBristol West
$407
• 100,000/300,000 Liability
• Comp / Collision
July 11, 2024
Porsche Panamera 2National General
$61
• 50,000/100,000 Liability
• Comp / Collision
July 9, 2024
Porsche Panamera GTSSafeco
$218
• 50,000/100,000 Liability
• Comp / Collision
July 2, 2024
Porsche 911 Carrera 2State Auto
$169
• State Minimum Liability
• Comp / Collision
coverageLast Updated Jul 19, 2024

Best car insurance companies for Porsche drivers

Since so many different factors contribute to car insurance rates, no one company is best for all Porsche drivers. When you’re
shopping for car insurance
, comparing rates is essential—and Jerry conducted the largest survey in the country to help you get started! 
Check out how Porsche drivers rate different insurance companies.

Insurance CompanyOverall RatingPriceClaims ExperienceCustomer Service
Safeco
4.6
4.4
4
4.5
Travelers
4.5
4.2
4.4
4.5
Progressive
4.3
3.9
3.9
4.3
AAA
4.2
4
3.8
4.4
Allstate
4.2
3.6
3.8
4.2
USAA
4
3.5
4.5
4.2
State Farm
4
3.4
3.8
4.2
Farmers
4
3.4
4.1
3.9
Geico
3.9
3.3
3.9
4
Liberty Mutual
3.7
3.2
3.5
3.7
Highlighticon

How'd we get these scores?

Jerry's experts conducted one of the largest car insurance surveys in the United States. We surveyed 15,000 policyholders, in all 50 states, over the span of 18 months. These policyholders hold insurance policies with 87 different insurance companies. We surveyed policyholders to gauge their satisfaction with their insurance carriers in: policy cost, customer service, buying and renewal experience, as well as claim experience. These scores were all reported by real customers of the insurance companies.
Lower my car insurance too!

Over 3,500,000 customers and counting

We love saving our customers money. Turns out, they love it too! Here's what they have to say about their switch with Jerry:
Progressive
Great Experience!
Andres
Safeco
Awesome company! Great rates!
Delana
AAA
Wonderful customer service
Gage
Progressive
Great payments and great service.
Jada

Are Porsches more expensive to insure?

Compared to the average cost of others vehicles, Porches cost 2% more to insure.
Car MakeAverage State Minimum Insurance CostAverage Full Coverage Insurance Cost
Porsche
$83
$197
Subaru
$85
$155
Mini
$90
$166
Chevrolet
$92
$174
Volkswagen
$93
$176

Cheapest Porsches to insure

The cheapest Porsche model to insure is the 2013 Porsche Panamera with an average monthly premium of $43 for state minimum coverage and an average of $165 for full coverage.

Car MakeAverage Monthly State Minimum Insurance CostAverage Monthly Full Coverage Insurance Cost
2013 Porsche Panamera
$70
$165
2021 Porsche Macan
$70
$179
2018 Porsche Macan
$70
$203
2014 Porsche Cayman
$70
$287
2020 Porsche Cayenne
$70
$197

Most expensive Porsches to insure

The most expensive Porsche model to insure is 2012 Porsche Cayenne with an average monthly premium of $137 for state minimum coverage and an average of $254 for full coverage. 

Car MakeAverage Monthly State Minimum Insurance CostAverage Monthly Full Coverage Insurance Cost
2012 Porsche Cayenne
$130
$254
2019 Porsche Cayenne
$129
$287
2018 Porsche Panamera
$127
$240
2010 Porsche Panamera
$121
$215
2015 Porsche Macan
$87
$204
Don’t forget that your insurance costs depend on factors other than your car—things like your driving record, location, age, and more. Shopping around for customized insurance quotes will help you get a better idea of what you can expect to pay. 

What factors affect Porsche car insurance rates?

Insurance companies use a number of factors to
calculate car insurance
rates, including:
  • Vehicle cost: It costs more to purchase collision and comprehensive coverage for luxury, high-performance, and sports cars like Porsches. 
  • Vehicle age: Newer vehicles tend to be more expensive to insure since they have more technology and a higher actual cash value.
  • Cost of parts: If parts are hard to come by (or repair costs are high), you can expect higher insurance rates. 
  • Your age: Drivers under age 25 pay some of the highest insurance rates. Senior drivers over the age of 70 also tend to see increases in premiums.
  • Your driving record and claims history: Maintaining a clean driving record will jelp you secure the lowest insurance rates, while a history of tickets or accidents will spike your premium—sometimes for years.
  • Where you keep your car: Where you live matters to your insurance company since some areas have higher population density, theft rates, and other factors that make it riskier to insure you.
These factors are important to consider for Porsches, specifically:
  • Imports: All Porsche vehicles are manufactured in Germany and imported to the U.S., which usually means higher repair and replacement costs.
  • Safety: Porsches deliver strong performance in European safety tests, but they aren’t rated by either the NHTSA or the IIHS.
  • Reliability: Porsche isn’t high on the reliability scale, which can mean a higher risk of claims.

Porsche insurance cost for young drivers

Teen drivers
ages 16 to 19 pay the highest car insurance rates of any age group. But since the accident rate is so high among young drivers, it’s important for teens to have full coverage on their vehicles. 

card cover
Jimmy (22 years old)
coverageCoverage
100,000 per person
300,000 per accident bodily injury
Comp / Collision
locationTampa, FL
$263
per month
card cover
Oscar (22 years old)
coverageCoverage
State Minimum
carPorsche Cayenne S Hybrid
$259
per month
card cover
Clyde (22 years old)
coverageCoverage
State Minimum
carPorsche 911 Carrera 2
$169
per month

Porsche insurance cost for senior drivers

Like young and new drivers,
car insurance rates for seniors
over the age of 75 tend to be high due to a higher likelihood of accidents. And since older people are more prone to injuries, insurance claims for medical expenses can lead to high costs for insurance companies.

card cover
Shawn (81 years old)
coverageCoverage
50,000 per person
100,000 per accident bodily injury
Comp / Collision
carPorsche Cayenne S
$102
per month
card cover
Andrew (71 years old)
coverageCoverage
State Minimum
carPorsche Panamera 2
$373
per month
card cover
Clearcover
Joel (78 years old)
coverageCoverage
50,000 per person
100,000 per accident bodily injury
Comp / Collision
locationIrvine, CA
carPorsche Boxster
$127
per month
While your age affects your insurance rates, a number of other factors also play a role in determining how much you’ll pay to protect your vehicle. That’s why shopping for personalized insurance quotes is the best way to know what you can expect to pay for car insurance. 

Porsche insurance cost for drivers with driving violations 

Your driving record has a major impact on your car insurance costs—and having a clean record without any violations or at-fault accidents will result in the lowest rates. If you have any of the following violations on your record in the last three to five years, you’ll see a surcharge on your insurance coverage:
  • Speeding tickets
  • DUIs
  • At fault accidents
  • Reckless driving
  • Driving on a suspended license

Cheapest car insurance for Porsche drivers with a speeding ticket

While one small speeding ticket won’t send your insurance premium skyrocketing, a history of repeated violations or one serious speeding ticket could cause your Porsche insurance costs to jump. Jerry helps Porsche drivers with speeding tickets find savings on car insurance.

Speeding TypeCarInsurance CompanyPremium (monthly)CustomerInsurance coverage
Speeding 16-20
Porsche Cayenne SAllstate
$274
• 100,000/300,000 Liability
• Comp / Collision
Speeding 21+
Porsche Macan SPlymouth Rock
$419
• State Minimum Liability
• Comp / Collision
coverageLast Updated Jul 22, 2024

Cheapest car insurance for Porsche drivers with a DUI record

A
DUI conviction
is serious, but not every insurer weighs this type of violation the same way—so your car insurance rates could vary dramatically. The best way to ensure you’re getting the best deal is to compare quotes from multiple insurers. Jerry has helped lots of Porsche drivers find affordable auto insurance after a DUI.

card cover
Jeremiah (53 years old)
DUI
coverageCoverage
100,000 per person
300,000 per accident bodily injury
Comp / Collision
carPorsche 911 Carrera S
$447
per month

Cheapest car insurance for Porsche drivers after an accident

Your car accident and claims history is another significant factor that will impact your car insurance rates. Having a recent at-fault accident on your record will mean high insurance rates—but Jerry can help you save by comparison shopping across top insurance companies.

Accident typeCarInsurance CompanyPremium (monthly)CustomerInsurance coverage
At Fault With No Injury
Porsche MacanAllstate
$347
• 100,000/300,000 Liability
• Comp / Collision
At Fault With Injury
Porsche Cayenne GTSTravelers
$128
• 100,000/300,000 Liability
• Comp / Collision
Not At Fault
Porsche CayenneSafeco
$210
• State Minimum Liability
• Comp / Collision
At Fault With Injury
Porsche MacanPlymouth Rock
$258
• 50,000/100,000 Liability
• Comp / Collision
At Fault With No Injury
Porsche Macan
Clearcover
$186
• 100,000/300,000 Liability
• Comp / Collision
coverageLast Updated Jul 18, 2024

Cheapest car insurance for Porsche drivers with other driving violations on their record

Speeding tickets and DUIs aren’t the only violations that will cause your insurance rates to jump—reckless driving and
driving on a suspended license
will do the same. Check out how Porsche drivers with various violations have found savings on their policies by shopping with Jerry. 

ViolationCarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Defective Equipment
Porsche MacanNationwide
$64
• State Minimum Liability
Failure to Yield
Porsche CayenneProgressive
$151
• 50,000/100,000 Liability
Failure to Yield
Porsche CayenneAllstate
$173
• 50,000/100,000 Liability
• Comp / Collision
coverageLast Updated Jul 22, 2024

How can I lower the cost of my Porsche car insurance?

There are lots of ways that you can reduce your car insurance expenses for your Porsche.
  • Shop around:
    Shopping around for insurance coverage
    will let you find the best rate for the coverage you need. With Jerry, you can review quotes from top providers in less than a minute—and then sign up for your new policy right in the app.
  • Opt for a small SUV: Smaller SUVs tend to have the best prices—so if you’re in the market for a Porsche, opting for a Macan might get you a better insurance deal than a sporty 911. 
  • Bundle your insurance policies:
    Bundling your home and auto insurance
    with the same company can give you savings on each one.
  • Sign up for a telematics program: While Porsche doesn’t have a telematics program to track your driving habits, many insurers do—and participating in one can qualify you for
    car insurance discounts
  • Reduce your coverage: If you drive an older car,
    reducing your coverage
    will lower your insurance premium. The general rule is that you can reduce coverage if your car is worth less than 10 times the premium you’re paying.
  • Increase your deductible: Your deductible is the amount of money you pay out of pocket before your collision or comprehensive insurance coverage kicks in on a claim. Increasing your deductible will reduce your monthly payments—but make sure you can pay it in the event of a claim.

FAQs

Compared to less expensive makes, Porsches can be expensive to insure. But your insurance rate will depend on many factors, including the model and trim level you opt for, as well as your location, age, driving record, and more.
While Porsches may be sporty and fast, they aren’t all that reliable. RepairPal rates the vehicles just 2.0 out of 5.0 for reliability, placing them dead last among 32 popular car brands.
On average, a Porsche Panamera costs $2340 per year for full coverage and $1044 per year for minimum coverage. Your driving history, personal profile, location, and other factors will impact this rate, though.
The cheapest Porsche to insure is the 2013 Porsche Panamera with an average annual insurance cost of $1980 for full coverage and $516 for minimum coverage.

Methodology

The Insurance Research Team analyzes insurance products and services to drive insights and help consumers make informed purchase decisions. 
Insurance research: We analyzed over 25 million car insurance quotes; conducted the largest insurance shopping survey (over 15,000 customers surveyed and 85 carriers reviewed in the past 18 months). 
We surveyed insurance policyholders for their experience with their insurers in the following areas: (1) insurance cost (2) customer service (3) insurance buying experience (4) insurance renewal experience (5) claim experience. In addition, we asked people what they like about their insurers and what areas in which their insurers could improve. The driver characteristics used in calculating average rates for auto insurance include: single driver, single car, currently insured, clean driving record.  
For the quotes and sold policies included in this article, please note that personal information has been hidden. Not all customers find savings. 
Team: The team consists of licensed insurance agents, insurance industry veterans, and data scientists.

Meet Our Experts

avatar
R.E. Fulton
badge icon
Licensed Insurance Agent —Senior Content Writer
R.E. Fulton is an expert insurance writer specializing in car ownership topics from car shopping and loan advice to insurance and repair guides. R.E.’s mission is to create unique and accessible content that helps readers to become more successful and independent car owners. R.E. has written and edited over 900 high-performing articles for Jerry, with an average of 1 million+ views.
As a senior writer on Jerry’s editorial team, R.E. draws on over 10 years of experience as a professional writer and digital publishing specialist. Prior to joining Jerry’s editorial team in 2021, R.E. worked as a writing coach at Columbia University, the Rochester Institute of Technology (RIT), and the University of Rochester. They serve as a managing editor for peer-reviewed history publication Nursing Clio, where their work has appeared regularly since 2015.
avatar
Lina Zhang
badge icon
Licensed Insurance Agent
badge icon
Licensed in 50 states and Washington DC
Lina Zhang is Vice President of Operations at Jerry. She helped to found Jerry in order to take the confusion and mystery expenses out of car ownership and help drivers achieve financial success. Leading a global team responsible for operations, talent acquisition, legal, and content, Lina has been a key contributor to the AllCar™ app’s 10x growth in its first year of operation. Prior to Jerry, Lina and her Jerry co-founders, Art Agrawal and Musawir Shah, created YourMechanic, the largest on-demand car repair services provider. In one year, Lina built and scaled YourMechanic operations from just five markets to more than 50. The trio left YourMechanic to incubate Jerry at Y Combinator in 2017. Lina’s previous roles include intellectual property attorney at Morrison & Foerster LLP and a biomedical researcher at Stanford University.
avatar
Josh Damico
badge icon
Head Of Insurance Operations
badge icon
18+ Years Experience in Insurance
Josh Damico is Jerry’s vice president of insurance operations and a licensed insurance professional with nearly two decades of experience in the industry. Previously, Josh held executive roles at Geico, where he had vast regional oversight and leadership opportunities.  He holds a bachelor’s degree in business administration and management from Medaille College, and has appeared on news channels including FOX and CBS to offer insurance expertise and tips to drivers across the country. His work has appeared in Business Insider, Kelley Blue Book, and Digital Insurance and been quoted in The Balance, GOBankingRates, and Inspiring Workplaces.
*Illustration only. For all the pricing information presented in this article (including various tables), please note that not all customers find savings and the information is for illustrative purposes only. Savings depend on type of car, location, policy features, driving history and other factors. Drivers who switch through Jerry save over $70/month on average.