Porsche 911 Insurance Rates for 2023

• Porsche 911 insurance costs $2,890 per year on average, or around $241 per month for full coverage.
• The cheapest Porsche 911 insurance is on the Carrera Coupe trim level at an estimated $2,484 per year. The most expensive is the Turbo S Cabriolet at $3,304 annually.
• The Porsche 911 is one of the more expensive sports cars to insure, costing $478 more per year on average as compared to other sports cars

How much does Porsche 911 car insurance cost?

Ranked 22^nd out of 26 vehicles in the sports car class, Porsche 911 insurance costs on average $2,890 a year, or around $241 a month. With the average sports car costing $2,412 a year to insure, the Porsche 911 could cost around $478 or more annually.

Depending on the trim level being insured, monthly car insurance cost for a 2023 Porsche 911 ranges from $207 to $275, with the Carrera Coupe being cheapest and the Turbo S Cabriolet 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 $2,080 per year for a 60-year-old driver with a $1,000 policy deductible to the highest cost estimate of $6,844 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 $20,348 a year for a policy with full coverage.

The following table details average Porsche 911 car insurance rates for the 2013 to 2023 model years. Insurance prices range from $1,724 for a 2013 model to $2,890 for a 2023 Porsche 911.

What Porsche 911 model has the cheapest insurance?

The cheapest trim level of Porsche 911 to insure is the Carrera Coupe at around $2,484 per year, or about $207 per month. The next cheapest model is the Carrera 4 Coupe at $2,570 per year, and the third cheapest trim to insure is the Carrera T Coupe at $2,610 per year.

The most expensive models of Porsche 911 to insure are the Turbo S Cabriolet at $3,304 and the Turbo Cabriolet at $3,196 per year. Those two models will cost an extra $820 and $712 per year, respectively, over the lowest cost Carrera Coupe model.

The table below shows average car insurance rates for the trim levels available on the 2023 Porsche 911.

How does 911 insurance compare to other sports cars?

The Porsche 911 ranks 22^nd out of 26 comparison vehicles in the 2023 sports car segment. The 911 costs an average of $2,890 per year to insure and the segment average rate is $2,412 annually, a difference of $478 per year.

When average insurance rates are compared to the best-selling models in the sports car category, insurance for a Porsche 911 costs $976 more per year than the Ford Mustang, $230 more than the Dodge Challenger, $580 more than the Chevrolet Camaro, and $942 more than the Subaru WRX.

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 #26 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 $9,538 per year for a 16-year-old driver, $9,108 per year for a 17-year-old driver, and $8,590 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 $87 and $178 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 $558 per year for a 40-year-old driver and $1,082 per year for a 20-year-old driver.
• Low deductibles will increase rates. Dropping your deductibles from $500 to $250 could cost an additional $578 per year for a 40-year-old driver and $1,144 per year for a 20-year-old driver.
• Rated driver gender affects the rate you pay. For a 2023 Porsche 911, a 20-year-old man will have an average rate of $5,700 per year, while a 20-year-old woman will pay an average of $4,212, a difference of $1,488 per year. Women get significantly cheaper rates. But by age 50, the cost for men is $2,614 and the cost for women is $2,566, a difference of only $48.
• Be a responsible driver and save. Having multiple accidents could cost you more, potentially as much as $3,914 per year for a 20-year-old driver and even $826 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 $454 per year compared to a slightly lower credit score between 670-739. Conversely, poor credit could cost around $526 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 $486 per year.