2023 Porsche Panamera Car Insurance Calculator

View in real-time how changes to driver risk factors and vehicle options impact the insurance cost for a 2023 Porsche Panamera. Customize policy discounts, trim level options, driving record, and coverage amounts to learn how each affects rates. Know immediately if the choices you make result in a cheaper or more expensive rate.

The average estimated car insurance premium for a 2023 Porsche Panamera is $3,818 per year, or about $318 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$3,818

Cost Per Month

$318

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Porsche Panamera Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2023 Porsche Panamera.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$3,818
Average Rate
Your Rate
$3,818

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2023 Porsche Panamera trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2023 Porsche Panamera is $3,818.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2023 Porsche Panamera Segment Comparison

The table below compares insurance rates for the 2023 Porsche Panamera against all other models in the large luxury car segment. The Porsche Panamera is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Porsche Panamera, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Porsche Panamera.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2023 Porsche Panamera Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Audi A5$2,558-$1,260
2Volvo S90$2,884-$934
3Lexus LS 500$2,978-$840
4Mercedes-Benz AMG E53$2,996-$822
5Genesis G90$3,016-$802
6BMW i7$3,034-$784
7Mercedes-Benz AMG GT43$3,062-$756
8Lexus LS 500h$3,162-$656
9BMW 840i$3,252-$566
10Mercedes-Benz EQS 450$3,326-$492
11Infiniti Q60$3,334-$484
12Mercedes-Benz S500$3,360-$458
13Audi RS 7$3,434-$384
14Mercedes-Benz EQS 580$3,448-$370
2023 Large Luxury Car Average$3,525-$293
15BMW 740i$3,618-$200
16BMW M850i$3,666-$152
17Mercedes-Benz AMG EQS$3,694-$124
18Audi A8$3,738-$80
19Audi S8$3,756-$62
20Porsche Panamera$3,818--
21BMW 760i$3,854$36
22Mercedes-Benz S580$3,940$122
23BMW Alpina B8$4,188$370
24BMW M760i$4,322$504
25Mercedes-Benz Maybach S580$4,454$636
26Mercedes-Benz Maybach S680$4,752$934

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2023 Panamera Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 Porsche Panamera.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2023 Porsche Panamera Insurance Rates by Trim Level
2023 Porsche Panamera Trim Level Annual Premium Cost Per Month
Base Sedan$3,294$275
4$3,380$282
4 Sport Turismo$3,478$290
4 Executive$3,488$291
Platinum Edition$3,508$292
4 Platinum Edition$3,566$297
4S$3,586$299
4S Sport Turismo$3,664$305
4 E-Hybrid$3,672$306
4 E-Hybrid Sport Turismo$3,724$310
4S Executive$3,726$311
4 E-Hybrid Executive$3,730$311
4 E-Hybrid Platinum Edition$3,790$316
4S E-Hybrid$3,796$316
4S E-Hybrid Sport Turismo$3,844$320
GTS$3,850$321
GTS Sport Turismo$3,902$325
4S E-Hybrid Executive$3,916$326
Turbo S$4,182$349
Turbo S Sport Turismo$4,202$350
Turbo S Executive$4,230$353
Turbo S E-Hybrid$4,336$361
Turbo S E-Hybrid Sport Turismo$4,354$363
Turbo S E-Hybrid Executive$4,378$365

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2023 Porsche Panamera for different driver ages.

2023 Porsche Panamera Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$13,273$1,106
17$13,030$1,086
18$11,995$1,000
19$10,786$899
20$8,332$694
21$7,950$663
22$7,166$597
23$5,752$479
24$5,484$457
25$4,454$371
30$4,100$342
35$3,906$326
40$3,818$318
45$3,542$295
50$3,338$278
55$3,120$260
60$3,134$261
65$3,352$279
70$3,558$297
75$4,118$343
80$5,078$423

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Porsche Panamera trim levels.