Insuring a Porsche Cayenne: Everything You Need to Know

• The average Porsche Cayenne insurance cost is $3,506 per year, or $292 per month for full coverage.
• Porsche Cayenne insurance prices range from $2,662 to $4,852 annually for the average driver, depending on trim level.
• When compared to the entire midsize luxury SUV segment, the Cayenne ranks near the bottom at 39^th out of 41 total comparison vehicles.

How much does Porsche Cayenne insurance cost?

Porsche Cayenne insurance rates average $3,506 a year, or $292 each month. With the average midsize luxury SUV costing $2,782 a year to insure, the Porsche Cayenne could cost an estimated $724 or more to insure each year.

The chart below demonstrates average car insurance cost for a 2024 Cayenne with a variety of different policy risk scenarios.

Which Cayenne model is cheapest to insure?

The cheapest model of Porsche Cayenne to insure is the base model at around $2,662 per year, or about $222 per month. The second cheapest trim is the base Coupe at $2,932 per year.

The two most expensive Porsche Cayenne trim levels to insure are the Cayenne Turbo E-Hybrid and the Turbo GT Coupe at around $4,490 and $4,852 per year, respectively.

The rate table below details average insurance cost for a Porsche Cayenne for each 2024 package and trim level.

How do Porsche Cayenne insurance rates rank?

The Porsche Cayenne ranks 39^th out of 41 total comparison vehicles in the midsize luxury SUV class. The Cayenne costs an average of $3,506 per year to insure, while the class average cost is $2,782 annually, a difference of $724 per year.

When car insurance rates are compared to other popular midsize luxury SUVs, the Porsche Cayenne costs $1,156 more per year than the Lexus RX 350, $514 more than the BMW X5, $1,164 more than the Acura MDX, and $1,296 more than the Cadillac XT5.

The table below shows how average Cayenne insurance rates compare against the entire 2024 midsize luxury SUV segment.

Average rates by location

The insurance cost for a Porsche Cayenne can range widely, from cheaper rates like $2,946 a year in Charlotte, NC, or $3,034 in Columbus, OH, to higher rates such as $6,798 a year in Detroit, MI, and $5,408 in New Orleans, LA.

The average cost of Porsche Cayenne insurance in some other areas include Nashville, TN, at $3,656 per year, San Antonio, TX, averaging $3,516, San Diego, CA, costing $3,912, and Minneapolis, MN, at an estimated $3,738.

The chart below shows average Porsche Cayenne insurance rates for the larger metro areas in the United States. In addition to the chart, a table is included that shows annual and monthly insurance costs.

Other Rates and Information

It’s impossible to cover all scenarios when insuring a Cayenne, so here are some additional rates and ways you can possibly save on car insurance.

• Get cheaper rates because of your employment. Most car insurance companies offer discounts for specific professions like farmers, nurses, scientists, architects, accountants, high school and elementary teachers, and other occupations. Qualifying for an occupational discount could save between $105 and $228 on your car insurance premium, depending on the age of the driver.
• Insuring teenagers can be very expensive. Average rates for full coverage Cayenne insurance costs $11,971 per year for a 16-year-old driver, $11,736 per year for a 17-year-old driver, and $10,786 per year for an 18-year-old driver.
• Get cheaper rates by researching discounts. Discounts may be available if the insureds are accident-free, work in certain occupations, are away-from-home students, insure multiple vehicles on the same policy, or many other discounts which could save the average driver as much as $590 per year on Porsche Cayenne insurance.
• Higher physical damage deductibles lower policy cost. Raising the comprehensive and collision deductibles from $500 to $1,000 could save around $650 per year for a 40-year-old driver and $1,272 per year for a 20-year-old driver.
• Low deductibles makes insurance more expensive. Lowering your physical damage coverage deductibles from $500 to $250 could cost an additional $680 per year for a 40-year-old driver and $1,348 per year for a 20-year-old driver.
• Driving violations increase insurance rates. If you want the cheapest Cayenne insurance rates, it’s necessary to drive safely. As few as two minor driving offenses could increase Cayenne insurance rates as much as $908 per year. Serious infractions like a DUI could raise rates by an additional $3,184 or more.