Founded by Ferdinand Porsche in 1931, the German automaker got its start by designing one of the most successful cars of all time, the Volkswagen Beetle.
From the original Beetle design, the Porsche 64 was born, using many of the same components. During the second World War, Porsche focused on building heavy tanks and tank destroyers.
Today, Porsche is known for performance luxury sports cars and SUVs like the Boxster, Cayman, Cayenne, Macan, and Panamera, and its familiar coat of arms logo.
With high performance comes high car insurance rates, so let’s find out how much average insurance costs for different Porsche models.
How much does Porsche insurance cost?
Car insurance rates for 2024 Porsche models range from $2,962 per year for the Porsche Macan up to $4,782 per year for the Porsche Panamera. As a monthly cost, this is the equivalent of $247 to $399.
Porsche vehicles cost $1,379 more per year on average to insure than the U.S. national average car insurance cost of $2,276 per year.
The table below shows average insurance rates for some of the more popular consumer models produced by Porsche.
| Model | Annual Premium | Cost Per Month |
|---|---|---|
| Porsche 718 | $3,090 | $258 |
| Porsche 911 | $3,438 | $287 |
| Porsche Boxster 2017 and prior model years | $2,162 | $180 |
| Porsche Cayenne | $3,594 | $300 |
| Porsche Cayman 2016 and prior model years | $1,898 | $158 |
| Porsche Macan | $2,962 | $247 |
| Porsche Panamera | $4,782 | $399 |
| Porsche Taycan | $4,062 | $339 |
How do average Porsche insurance rates compare?
When compared to other automakers who produce luxury performance models, Porsche car insurance costs $557 more per year on average than Audi, $510 more than BMW, $701 more than Jaguar, and $186 more than Mercedes-Benz.
The chart below compares Porsche insurance cost to its top competitors. In addition to the automakers listed above, Porsche insurance costs $1,400 more per year than Acura, $991 more than Lexus, and $746 more than Tesla.
Insuring a Porsche is expensive. But considering the purchase price for the cheapest 718 Cayman starts around $60,000 and buyers can easily pay over $150,000 for high-end trims of most models, that helps explain why the average insurance rate is so high.
To get a better feel for how truly expensive it is to insure a Porsche, the table below compares Porsche rates to all other popular automakers, including non-luxury brands.
At an average annual cost of $3,655, Porsche insurance cost is higher than all other mainstream and luxury brands.
| Automotive Brand | Insurance Cost | Difference |
|---|---|---|
| Porsche | $3,655 | -- |
| Acura | $2,255 | -$1,400 |
| Audi | $3,098 | -$557 |
| Cadillac | $2,579 | -$1,076 |
| Chevrolet | $2,427 | -$1,228 |
| Ford | $2,500 | -$1,155 |
| Genesis | $2,866 | -$789 |
| GMC | $2,495 | -$1,160 |
| Honda | $2,174 | -$1,481 |
| Hyundai | $2,370 | -$1,285 |
| Infiniti | $2,515 | -$1,140 |
| Jaguar | $2,954 | -$701 |
| Jeep | $2,620 | -$1,035 |
| Kia | $2,314 | -$1,341 |
| Land Rover | $3,141 | -$514 |
| Lexus | $2,664 | -$991 |
| Lincoln | $2,650 | -$1,005 |
| Mazda | $2,294 | -$1,361 |
| Mercedes-Benz | $3,469 | -$186 |
| Mitsubishi | $2,329 | -$1,326 |
| Nissan | $2,483 | -$1,172 |
| Subaru | $2,282 | -$1,373 |
| Tesla | $2,909 | -$746 |
| Toyota | $2,458 | -$1,197 |
| Volkswagen | $2,239 | -$1,416 |
| Volvo | $2,684 | -$971 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Insurance cost is averaged for all models for the 2024 model year for each automobile manufacturer. Updated October 24, 2025
It’s important to note that comparing an average rate for an entire brand does not give a lot of clarity into how much it costs to insure a specific model.
With the massive cost difference between entry-level and high-end Porsche models, insurance on any particular model can vary by $600 or more per year for identical coverages.
So if you’re buying insurance for a Porsche or just trying to find cheap Porsche insurance quotes, the key is to compare lots of rates and shop around. With high-end luxury performance models like Porsche produces, not all car insurance companies are a good fit.