- Porsche 718 car insurance costs an average of $2,444 per year, or around $204 per month, for full coverage.
- The 718 Cayman Coupe trim level is the cheapest to insure at around $2,158 per year. The most expensive trim is the Spyder RS at $2,868 per year.
- The 2024 Porsche 718 is one of the cheaper sports cars to insure, costing $167 less per year on average as compared to the rest of the vehicles in the segment.
How much is Porsche 718 car insurance?
Ranked 12th out of 23 vehicles in the sports car class for 2024, Porsche 718 insurance costs on average $2,444 yearly, or around $204 on a monthly basis. With the average sports car costing $2,611 a year to insure, the Porsche 718 could save around $167 or more annually.
The chart below displays average car insurance cost for a 2024 Porsche 718 using different driver ages and risk profiles.
Average car insurance rates for the 2017 to 2024 model years are shown below for both annual and semi-annual policy terms.
| Model Year and Vehicle | Annual Premium | Cost Per Month |
|---|---|---|
| 2024 Porsche 718 | $2,444 | $204 |
| 2023 Porsche 718 | $2,382 | $199 |
| 2022 Porsche 718 | $2,342 | $195 |
| 2021 Porsche 718 | $2,116 | $176 |
| 2020 Porsche 718 | $2,042 | $170 |
| 2019 Porsche 718 | $1,976 | $165 |
| 2017 Porsche 718 | $1,762 | $147 |
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 Porsche 718 trim levels for each model year. Updated February 23, 2024
Which Porsche 718 model has the cheapest insurance?
With Porsche 718 insurance rates ranging from $2,158 to $2,868 annually for an average driver, the cheapest model to insure is the Cayman Coupe. The next cheapest trim level to insure is the Boxster at $2,186 per year. On average, plan on paying a minimum of $180 per month to insure the cheaper 718 models for full coverage.
For the higher-priced models, the three highest cost Porsche 718 models to insure are the Boxster GTS 4.0, the Cayman GT4 RS Coupe, and the Spyder RS trim levels at an estimated $2,562, $2,782, and $2,868 per year, respectively.
Average car insurance rates for a 2024 Porsche 718 are shown in the table below, plus a monthly budget amount, for each available trim level.
| 2024 Porsche 718 Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| Cayman Coupe | $2,158 | $180 |
| Boxster | $2,186 | $182 |
| Cayman S Coupe | $2,314 | $193 |
| Cayman Style Edition | $2,332 | $194 |
| Boxster X | $2,340 | $195 |
| Boxster Style Edition | $2,358 | $197 |
| Cayman GTS 4.0 Coupe | $2,546 | $212 |
| Boxster GTS 4.0 | $2,562 | $214 |
| Cayman GT4 RS Coupe | $2,782 | $232 |
| Spyder RS | $2,868 | $239 |
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. Updated February 23, 2024
Is Porsche 718 car insurance expensive?
The Porsche 718 ranks 12th out of 23 comparison vehicles in the 2024 sports car segment. The 718 costs an average of $2,444 per year for insurance and the class average cost is $2,611 annually, a difference of $167 per year.
When compared to other sports car models, insurance for a Porsche 718 costs $1,216 less per year than the Mercedes-Benz SL 55, $184 less per year than the Chevrolet Corvette, $172 more than the Subaru BRZ, and $24 less than the Chevrolet Camaro.
The table below shows how average car insurance cost for a Porsche 718 compares to the entire sports car segment for the 2024 model year.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Mazda MX-5 Miata | $1,754 | -$690 |
| 2 | Toyota GR86 | $1,998 | -$446 |
| 3 | Ford Mustang | $2,086 | -$358 |
| 4 | BMW Z4 | $2,096 | -$348 |
| 5 | Subaru WRX | $2,130 | -$314 |
| 6 | Toyota GR Supra | $2,132 | -$312 |
| 7 | BMW M2 | $2,196 | -$248 |
| 8 | Nissan Z | $2,200 | -$244 |
| 9 | Lexus RC F | $2,244 | -$200 |
| 10 | Subaru BRZ | $2,272 | -$172 |
| 11 | BMW M3 | $2,398 | -$46 |
| 12 | Porsche 718 | $2,444 | -- |
| 13 | Chevrolet Camaro | $2,468 | $24 |
| 14 | Chevrolet Corvette | $2,628 | $184 |
| 15 | Porsche 911 | $2,720 | $276 |
| 16 | BMW M4 | $2,832 | $388 |
| 17 | Lexus LC 500 | $2,846 | $402 |
| 18 | Jaguar F-Type | $2,994 | $550 |
| 19 | Mercedes-Benz AMG GT53 | $3,142 | $698 |
| 20 | Porsche Taycan | $3,214 | $770 |
| 21 | Mercedes-Benz SL 55 | $3,660 | $1,216 |
| 22 | Nissan GT-R | $3,694 | $1,250 |
| 23 | Mercedes-Benz SL 63 | $3,898 | $1,454 |
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 vehicle from the 2024 model year. Updated February 22, 2024
