- Porsche Taycan insurance costs an average of $4,062 per year, or around $339 per month for full coverage.
- The Taycan ranks 20th out of 23 vehicles in the 2024 sports car class for car insurance affordability.
How much does Porsche Taycan insurance cost?
Porsche Taycan insurance averages around $4,062 yearly, or $339 a month. Expect to pay about $762 more per year to insure a Porsche Taycan when compared to the average rate for all sports cars, and $1,786 more per year than the all-vehicle national average of $2,276.
The cost summary chart below illustrates average insurance cost per year for a 2024 Porsche Taycan using different deductibles and driver age groups.
Is Porsche Taycan insurance expensive?
When compared to other popular sports cars, insurance on a Porsche Taycan averages $1,842 more per year than the Mazda MX-5 Miata, $1,532 more per year than the Toyota GR86, $1,194 more per year than the Subaru BRZ, and $462 more per year than the Lexus LC 500.
The Porsche Taycan ranks 20th out of 23 total vehicles in the sports car segment for most affordable car insurance prices. The Taycan costs an average of $4,062 per year for full coverage insurance, while the segment average cost is $3,300 annually, a difference of $762 per year.
The table below ranks average insurance cost for the entire 2024 sports car segment, with the Taycan highlighted and ranked at 20th.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Mazda MX-5 Miata | $2,220 | -$1,842 |
| 2 | Toyota GR86 | $2,530 | -$1,532 |
| 3 | Ford Mustang | $2,634 | -$1,428 |
| 4 | BMW Z4 | $2,650 | -$1,412 |
| 5 | Subaru WRX | $2,690 | -$1,372 |
| 6 | Toyota GR Supra | $2,694 | -$1,368 |
| 7 | BMW M2 | $2,772 | -$1,290 |
| 8 | Nissan Z | $2,778 | -$1,284 |
| 9 | Lexus RC F | $2,838 | -$1,224 |
| 10 | Subaru BRZ | $2,868 | -$1,194 |
| 11 | BMW M3 | $3,030 | -$1,032 |
| 12 | Porsche 718 | $3,090 | -$972 |
| 13 | Chevrolet Camaro | $3,118 | -$944 |
| 14 | Chevrolet Corvette | $3,322 | -$740 |
| 15 | Porsche 911 | $3,438 | -$624 |
| 16 | BMW M4 | $3,580 | -$482 |
| 17 | Lexus LC 500 | $3,600 | -$462 |
| 18 | Jaguar F-Type | $3,786 | -$276 |
| 19 | Mercedes-Benz AMG GT53 | $3,972 | -$90 |
| 20 | Porsche Taycan | $4,062 | -- |
| 21 | Mercedes-Benz SL 55 | $4,632 | $570 |
| 22 | Nissan GT-R | $4,670 | $608 |
| 23 | Mercedes-Benz SL 63 | $4,930 | $868 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each vehicle from the 2024 model year. Updated October 24, 2025
What is the cheapest Porsche Taycan insurance?
The cheapest Taycan to insure is the base base Sedan at an average cost of $3,384 per year, or about $282 per month. The next cheapest model is the 4 Cross Turismo at $3,536 per year, and the third cheapest model to insure is the 4S at $3,686 per year.
The most expensive car insurance rates are on the Turbo Cross Turismo, the Turbo S, and the Turbo S Cross Turismo trim levels at an estimated $4,440, $4,590, and $4,748 per year, respectively.
Average car insurance rates are shown in the table below for each 2024 Porsche Taycan trim level.
| 2024 Porsche Taycan Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| Base Sedan | $3,384 | $282 |
| 4 Cross Turismo | $3,536 | $295 |
| 4S | $3,686 | $307 |
| 4S Cross Turismo | $3,838 | $320 |
| GTS | $3,986 | $332 |
| GTS Sport Turismo | $4,138 | $345 |
| Turbo | $4,288 | $357 |
| Turbo Cross Turismo | $4,440 | $370 |
| Turbo S | $4,590 | $383 |
| Turbo S Cross Turismo | $4,748 | $396 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Updated October 24, 2025
Additional rates and insights
Some other relevant data insights about Porsche Taycan insurance cost include:
- High-risk Taycan insurance is expensive. For a 20-year-old driver, having to buy a high-risk policy due to excessive accidents and/or violations can increase the cost by $6,220 or more per year.
- Clean up your credit to lower your rates. Having a high credit score of 800+ could save as much as $638 per year compared to a slightly lower credit score between 670-739. Conversely, a lower credit score could cost around $739 more per year.
- As you age, insurance rates get cheaper. The difference in insurance rates for a Taycan between a 60-year-old driver ($3,334 per year) and a 20-year-old driver ($8,100 per year) is $4,766, or a savings of 83.4%.
- Earn discounts to save money. Discounts may be available if the insured drivers belong to certain professional organizations, are accident-free, drive low annual mileage, sign their policy early, or many other discounts which could save the average driver as much as $686 per year on the cost of insuring a Taycan.
- Young male drivers pay the highest rates. For a 2024 Porsche Taycan, a 20-year-old male will pay an average rate of $8,100 per year, while a 20-year-old female driver pays an estimated $5,810, a difference of $2,290 per year. Women get significantly cheaper rates. But by age 50, rates for male drivers are $3,564 and the rate for women is $3,492, a difference of only $72.