Porsche Panamera Car Insurance Cost for 2023

• Porsche Panamera insurance costs $3,022 per year on average, or around $252 per month for full coverage.
• When compared to the entire large luxury car segment, the Panamera is on the more expensive side at 20^th out of 26 total comparison vehicles.
• With an insurance cost range of $862, the cheapest Panamera to insure is the base Sedan at around $2,610 per year, with the most expensive being the Turbo S E-Hybrid Executive at $3,472 annually.

How much does Porsche Panamera insurance cost?

Porsche Panamera car insurance rates average $3,022 a year, or $252 a month. With the average large luxury car costing $2,797 a year to insure, the Porsche Panamera costs an estimated $225 more on an annual basis than the average luxury car.

The chart below details how average Panamera car insurance rates vary based on the age of the rated driver and coverage deductibles. The annual policy rates shown range from a low of $2,202 per year for a 60-year-old driver with high deductibles to the highest rate of $7,252 annually for a driver age 20 with deductibles of $250.

How does Porsche Panamera insurance cost rank?

The Porsche Panamera ranks 20^th out of 26 comparison vehicles in the large luxury car class. The Panamera costs an average of $3,022 per year for insurance and the class average is $2,797 per year, a difference of $225 per year.

When compared to top-selling vehicles in the large luxury car class, insurance for a Porsche Panamera costs $992 more per year than the Audi A5, $150 more than the BMW 740i, $368 more than the Infiniti Q60, and $58 more than the Audi A8.

The chart below shows how well Panamera insurance rates fare against the most popular large luxury cars in America. For a total class comparison, a rankings table is included after the chart that ranks insurance rankings for all 26 models in the large luxury car class.

What Panamera model has the cheapest insurance rates?

The cheapest trim level of Porsche Panamera to insure is the base Sedan at $2,610 per year. The next cheapest trim is the 4 at $2,676 per year, and the third cheapest trim to insure is the 4 Sport Turismo at $2,756 per year.

The most expensive trim levels of Porsche Panamera to insure are the Turbo S E-Hybrid Executive at $3,472 and the Turbo S E-Hybrid Sport Turismo at $3,450 per year. Those trim levels will cost an extra $862 and $840 per year, respectively, over the least expensive base Sedan model.

The next table displays the average Porsche Panamera car insurance rates, plus a monthly amount for budgeting, for each package and trim for the 2023 model.

How much is insurance on a used Panamera?

Driving a used Porsche Panamera could cut your insurance cost by $990 or more each year, depending on policy coverage levels.

The next table shows typical car insurance rates for a Porsche Panamera from 2013 through 2023. The range of annual policy costs goes from the cheapest rate of $2,032 for a 2013 Porsche Panamera to the most expensive rate of $3,022 for a 2023 model year.