Porsche 718 Insurance Cost for 2023

Is Porsche 718 insurance expensive?

We analyzed average insurance cost for the least expensive Cayman Coupe model up to the Cayman GT4 RS Coupe trim level to find out how the 2023 Porsche 718 ranks when compared to the entire sports car segment.

Start QuoteCompare 718 car insurance rates and save on your next policy.

How much is Porsche 718 car insurance?

Ranked 14th out of 26 vehicles in the sports car class for 2023, Porsche 718 insurance costs on average $2,272 yearly, or around $189 on a monthly basis. With the average sports car costing $2,412 a year to insure, the Porsche 718 could save around $140 or more annually.

The chart below displays average car insurance cost for a 2023 Porsche 718 using different driver ages and risk profiles.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year Porsche 718 with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others. Physical damage deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Porsche 718 trim levels.Data last updated on December 30, 2022
Porsche 718 Car Insurance Cost Summary
Porsche 718 Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$5,138$428
Safe Driver Age 20$4,506$376
At-fault Accidents Age 40$3,176$265
Low Deductibles Age 40$3,046$254
Safe Driver Age 30$2,418$202
Safe Driver Age 40$2,272$189
Safe Driver Age 50$2,062$172
Safe Driver Age 60$2,028$169
Discount Rate Age 40$1,888$157
High Deductibles Age 40$1,876$156

Average car insurance rates for the 2017 to 2023 model years are shown below for both annual and semi-annual policy terms.

Porsche 718 Insurance Cost for 2017-2023 Models
Model Year and Vehicle Annual Rate 6-month Rate Monthly Rate
2023 Porsche 718$2,272$1,136$189
2022 Porsche 718$2,228$1,114$186
2021 Porsche 718$2,004$1,002$167
2020 Porsche 718$1,972$986$164
2019 Porsche 718$1,918$959$160
2017 Porsche 718$1,742$871$145

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates assume clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on December 30, 2022
Porsche 718 Insurance Rates by Model Year

Which Porsche 718 model has the cheapest insurance?

With Porsche 718 insurance rates ranging from $1,996 to $2,568 annually for an average driver, the cheapest model to insure is the Cayman Coupe. The next cheapest trim level to insure is the Boxster Cabriolet at $2,112 per year. On average, plan on paying a minimum of $166 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 Cayman GT4 Coupe, the Spyder, and the Cayman GT4 RS Coupe trim levels at an estimated $2,402,  $2,466, and $2,568 per year, respectively.

Average car insurance rates for a 2023 Porsche 718 are shown in the table below, plus a monthly budget amount, for each available trim level.

2023 Porsche 718 Insurance Cost by Trim Level
Porsche 718 Trim Level Annual Policy 6-month Policy Per Month
Cayman Coupe$1,996$998$166
Boxster Cabriolet$2,112$1,056$176
Cayman T Coupe$2,120$1,060$177
Cayman S Coupe$2,158$1,079$180
Boxster T Cabriolet$2,230$1,115$186
Boxster S Cabriolet$2,262$1,131$189
Cayman GTS 4.0 Coupe$2,296$1,148$191
Boxster GTS 4.0 Cabriolet$2,394$1,197$200
Cayman GT4 Coupe$2,402$1,201$200
Spyder$2,466$1,233$206
Cayman GT4 RS Coupe$2,568$1,284$214

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Porsche 718, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on December 30, 2022
Porsche 718 Insurance Cost by Trim Level

Is Porsche 718 car insurance expensive?

The Porsche 718 ranks 14th out of 26 comparison vehicles in the 2023 sports car segment. The 718 costs an average of $2,272 per year for insurance and the class average cost is $2,412 annually, a difference of $140 per year.

When compared to top-selling vehicles in the sports car segment, insurance for a Porsche 718 costs $358 more per year than the Ford Mustang, $388 less than the Dodge Challenger, $38 less than the Chevrolet Camaro, and $324 more than the Subaru WRX.

The table below shows how average car insurance cost for a Porsche 718 compares to the entire sports car segment for the 2023 model year.

Insurance Cost Comparison: Porsche 718 vs Sports Cars
Rank Make/Model Insurance Cost Difference
1Mazda MX-5 Miata$1,630-$642
2Audi TT$1,828-$444
3Ford Mustang$1,914-$358
4BMW Z4$1,928-$344
5Subaru WRX$1,948-$324
6Nissan Z$1,978-$294
7Toyota GR Supra$2,010-$262
8Toyota GR86$2,034-$238
9BMW M2$2,036-$236
10Subaru BRZ$2,128-$144
11Chevrolet Corvette$2,176-$96
12BMW M3$2,224-$48
13Lexus RC F$2,270-$2
14Porsche 718$2,272--
15Chevrolet Camaro$2,310$38
16Mercedes-Benz AMG GT53$2,448$176
17Jaguar F-Type$2,534$262
18Porsche Taycan$2,590$318
19BMW M4$2,622$350
20Lexus LC 500$2,652$380
21Dodge Challenger$2,660$388
22Porsche 911$2,890$618
23Acura NSX$3,268$996
24Audi R8$3,378$1,106
25Mercedes-Benz SL 55$3,382$1,110
26Mercedes-Benz SL 63$3,600$1,328

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on 2023 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on December 30, 2022
Insurance Cost Comparison: Porsche 718 vs Sports Cars