- Porsche 718 car insurance costs an average of $2,334 per year, or around $195 per month, for full coverage.
- The 718 Cayman Coupe trim level is the cheapest to insure at around $2,048 per year. The most expensive trim is the Cayman GT4 RS Coupe at $2,634 per year.
- The 2023 Porsche 718 is one of the cheaper sports cars to insure, costing $142 less per year on average as compared to the rest of the vehicles in the segment.
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 $2,334 yearly, or around $195 on a monthly basis. With the average sports car costing $2,476 a year to insure, the Porsche 718 could save around $142 or more annually.
The chart below displays average car insurance cost for a 2023 Porsche 718 using different driver ages and risk profiles.
Average car insurance rates for the 2017 to 2023 model years are shown below for both annual and semi-annual policy terms.
Model Year and Vehicle | Annual Rate | 6-month Rate | Monthly Rate |
---|---|---|---|
2023 Porsche 718 | $2,334 | $1,167 | $195 |
2022 Porsche 718 | $2,288 | $1,144 | $191 |
2021 Porsche 718 | $2,062 | $1,031 | $172 |
2020 Porsche 718 | $2,026 | $1,013 | $169 |
2019 Porsche 718 | $1,968 | $984 | $164 |
2017 Porsche 718 | $1,790 | $895 | $149 |
Which Porsche 718 model has the cheapest insurance?
With Porsche 718 insurance rates ranging from $2,048 to $2,634 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 $2,168 per year. On average, plan on paying a minimum of $171 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 $2,464, $2,530, and $2,634 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.
Porsche 718 Trim Level | Annual Policy | Six-Month Policy | Per Month |
---|---|---|---|
Cayman Coupe | $2,048 | $1,024 | $171 |
Boxster Cabriolet | $2,168 | $1,084 | $181 |
Cayman T Coupe | $2,176 | $1,088 | $181 |
Cayman S Coupe | $2,214 | $1,107 | $185 |
Boxster T Cabriolet | $2,290 | $1,145 | $191 |
Boxster S Cabriolet | $2,322 | $1,161 | $194 |
Cayman GTS 4.0 Coupe | $2,354 | $1,177 | $196 |
Boxster GTS 4.0 Cabriolet | $2,460 | $1,230 | $205 |
Cayman GT4 Coupe | $2,464 | $1,232 | $205 |
Spyder | $2,530 | $1,265 | $211 |
Cayman GT4 RS Coupe | $2,634 | $1,317 | $220 |
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 $2,334 per year for insurance and the class average cost is $2,476 annually, a difference of $142 per year.
When compared to top-selling vehicles in the sports car segment, insurance for a Porsche 718 costs $370 more per year than the Ford Mustang, $396 less than the Dodge Challenger, $34 less than the Chevrolet Camaro, and $332 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.
Rank | Make/Model | Insurance Cost | Difference |
---|---|---|---|
1 | Mazda MX-5 Miata | $1,672 | -$662 |
2 | Audi TT | $1,876 | -$458 |
3 | Ford Mustang | $1,964 | -$370 |
4 | BMW Z4 | $1,978 | -$356 |
5 | Subaru WRX | $2,002 | -$332 |
6 | Nissan Z | $2,032 | -$302 |
7 | Toyota GR Supra | $2,066 | -$268 |
8 | Toyota GR86 | $2,092 | -$242 |
9 | BMW M2 | $2,102 | -$232 |
10 | Subaru BRZ | $2,186 | -$148 |
11 | Chevrolet Corvette | $2,234 | -$100 |
12 | BMW M3 | $2,282 | -$52 |
13 | Lexus RC F | $2,330 | -$4 |
14 | Porsche 718 | $2,334 | -- |
15 | Chevrolet Camaro | $2,368 | $34 |
16 | Mercedes-Benz AMG GT53 | $2,512 | $178 |
17 | Jaguar F-Type | $2,600 | $266 |
18 | Porsche Taycan | $2,656 | $322 |
19 | BMW M4 | $2,692 | $358 |
20 | Lexus LC 500 | $2,722 | $388 |
21 | Dodge Challenger | $2,730 | $396 |
22 | Porsche 911 | $2,964 | $630 |
23 | Acura NSX | $3,354 | $1,020 |
24 | Audi R8 | $3,468 | $1,134 |
25 | Mercedes-Benz SL 55 | $3,474 | $1,140 |
26 | Mercedes-Benz SL 63 | $3,698 | $1,364 |