2023 Porsche Taycan Car Insurance Calculator

Explore and understand how the choices you make impact the insurance cost for a 2023 Porsche Taycan. Update factors like policy coverages, liability limits, and deductibles to see how each affects your premiums. Instantly discover if the choice you make had an impact on rates.

The average estimated car insurance premium for a 2023 Porsche Taycan is $3,352 per year, or about $279 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

$3,352

Cost Per Month

$279

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 Taycan 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 Taycan.

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.

$3,352
Average Rate
Your Rate
$3,352

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 Taycan 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 Taycan is $3,352.

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 Taycan vs. the Sports Car Segment

The table below compares insurance rates for the 2023 Porsche Taycan against all other models in the sports car segment. The Porsche Taycan 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 Taycan, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Porsche Taycan.

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

2023 Porsche Taycan Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mazda MX-5 Miata$2,104-$1,248
2Audi TT$2,364-$988
3BMW Z4$2,488-$864
4Subaru WRX$2,508-$844
5Ford Mustang$2,514-$838
6Nissan Z$2,554-$798
7Toyota GR Supra$2,596-$756
8Toyota GR86$2,628-$724
9BMW M2$2,646-$706
10Subaru BRZ$2,740-$612
11Chevrolet Corvette$2,818-$534
12BMW M3$2,876-$476
13Lexus RC F$2,930-$422
14Porsche 718$2,938-$414
15Chevrolet Camaro$2,976-$376
2023 Sports Car Average$3,120-$232
16Mercedes-Benz AMG GT53$3,170-$182
17Jaguar F-Type$3,274-$78
18Porsche Taycan$3,352--
19BMW M4$3,390$38
20Dodge Challenger$3,432$80
21Lexus LC 500$3,438$86
22Porsche 911$3,740$388
23Acura NSX$4,236$884
24Audi R8$4,374$1,022
25Mercedes-Benz SL 55$4,382$1,030
26Mercedes-Benz SL 63$4,664$1,312

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 Taycan Insurance Rates by Trim Level

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

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 Taycan Insurance Rates by Trim Level
2023 Porsche Taycan Trim Level Annual Premium Cost Per Month
Sedan$2,874$240
4 Cross Turismo$3,042$254
4S$3,152$263
4S Cross Turismo$3,222$269
GTS$3,398$283
GTS Sport Turismo$3,414$285
Turbo$3,522$294
Turbo Cross Turismo$3,538$295
Turbo S$3,676$306
Turbo S Cross Turismo$3,684$307

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 Taycan for different driver ages.

2023 Porsche Taycan Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$11,426$952
17$11,198$933
18$10,288$857
19$9,288$774
20$7,194$600
21$6,874$573
22$6,204$517
23$5,030$419
24$4,790$399
25$3,898$325
30$3,600$300
35$3,438$287
40$3,352$279
45$3,116$260
50$2,942$245
55$2,744$229
60$2,754$230
65$2,932$244
70$3,110$259
75$3,586$299
80$4,388$366

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 Taycan trim levels.