Understanding Auto Insurance Costs: Porsche 911 Edition

• Porsche 911 insurance costs $3,356 per year on average, or around $280 per month for full coverage.
• The cheapest Porsche 911 insurance is on the Carrera trim level at an estimated $2,898 per year. The most expensive is the Turbo S at $4,868 annually.
• The Porsche 911 is one of the more expensive sports cars to insure, costing $134 more per year on average as compared to other sports cars

How much does Porsche 911 car insurance cost?

Ranked 15^th out of 23 vehicles in the sports car class, Porsche 911 insurance costs on average $3,356 a year, or around $280 a month. With the average sports car costing $3,222 a year to insure, the Porsche 911 could cost around $134 or more annually.

Depending on the trim level being insured, monthly car insurance cost for a 2024 Porsche 911 ranges from $242 to $406, with the Carrera being cheapest and the Turbo S being the most expensive to insure.

The chart below details how average Porsche 911 insurance rates vary depending on the age of the driver and policy deductibles. Displayed cost values range from the cheapest policy rate of $2,226 per year for a 60-year-old driver with a $1,000 policy deductible to the highest cost estimate of $7,878 per year for a driver age 20 with deductibles of $250.

To help readers grasp the vast range of insurance rates, consider that a policy for liability only on a Porsche 911 in the most affordable parts of Ohio or Iowa could cost under $400 a year, while a newly-licensed teenage driver with a few accidents and violations in a few Pennsylvania zip codes might be as much as $22,481 a year for a policy with full coverage.

The following table details average Porsche 911 car insurance rates for the 2013 to 2024 model years. Insurance prices range from $2,142 for a 2013 model to $3,356 for a 2024 Porsche 911.

What Porsche 911 model has the cheapest insurance?

The cheapest trim level of Porsche 911 to insure is the Carrera at around $2,898 per year, or about $242 per month. The next cheapest model is the Carrera 4 at $2,988 per year, and the third cheapest trim to insure is the Carrera T at $3,030 per year.

The most expensive models of Porsche 911 to insure are the Turbo S at $4,868 and the Turbo S Cabriolet at $3,726 per year. Those two models will cost an extra $1,970 and $828 per year, respectively, over the lowest cost Carrera model.

The table below shows average car insurance rates for the trim levels available on the 2024 Porsche 911.

How does 911 insurance compare to other sports cars?

The Porsche 911 ranks 15^th out of 23 comparison vehicles in the 2024 sports car segment. The 911 costs an average of $3,356 per year to insure and the segment average rate is $3,222 annually, a difference of $134 per year.

When average insurance rates are compared to other models in the sports car category, insurance for a Porsche 911 costs $1,164 less per year than the Mercedes-Benz SL 55, $158 less per year than the Lexus LC 500, and $888 more per year than the Toyota GR86.

The table below shows how well Porsche 911 insurance rates compare to the rest of the sports car segment for insurance affordability. Vehicles are ranked #1 through #23 and also include the difference in insurance cost when compared to the 911.

Additional rates and information

Some other rates for different risk factors are listed below, as well as some different ways to save money on your insurance bill.

• Porsche 911 insurance rates for teenagers are high. Average rates for full coverage 911 insurance costs $11,046 per year for a 16-year-old driver, $10,858 per year for a 17-year-old driver, and $10,045 per year for an 18-year-old driver.
• Get better rates due to your job. Just about all auto insurance companies offer policy discounts for specific occupations like accountants, farmers, emergency medical technicians, scientists, doctors, architects, and other occupations. If you can get this discount applied to your policy, you may save between $101 and $228 on your Porsche 911 insurance bill, depending on the policy coverages.
• Raising physical damage deductibles lowers cost. Raising your physical damage coverage deductibles from $500 to $1,000 could save around $646 per year for a 40-year-old driver and $1,240 per year for a 20-year-old driver.
• Low deductibles will increase rates. Dropping your deductibles from $500 to $250 could cost an additional $670 per year for a 40-year-old driver and $1,304 per year for a 20-year-old driver.
• Rated driver gender affects the rate you pay. For a 2024 Porsche 911, a 20-year-old man will have an average rate of $6,574 per year, while a 20-year-old woman will pay an average of $4,742, a difference of $1,832 per year. Women get significantly cheaper rates. But by age 50, the cost for men is $2,940 and the cost for women is $2,886, a difference of only $54.
• Be a responsible driver and save. Having multiple accidents could cost you more, potentially as much as $4,484 per year for a 20-year-old driver and even $840 per year for a 50-year-old driver.
• Improve your credit to save money. In states that permit personal credit information to be used as a policy rate factor, having an excellent credit score over 800 could get savings of $527 per year compared to a slightly lower credit score between 670-739. Conversely, poor credit could cost around $611 more per year.
• Earn policy discounts to save money. Discounts may be available if the insureds insure their home and car with the same company, drive a vehicle with safety or anti-theft features, sign their policy early, work in certain occupations, or many other policy discounts which could save the average driver as much as $562 per year.