Porsche Taycan Insurance Cost for 2022

How much are Porsche Taycan car insurance rates? We compared average insurance cost for the Taycan to other sports cars to see how prices stack up.

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  • Porsche Taycan insurance costs an average of $2,366 per year, or around $197 per month for full coverage.
  • The Taycan ranks #17 out of 23 vehicles in the 2022 sports car class for car insurance affordability.

How much does Porsche Taycan insurance cost?

Porsche Taycan insurance averages around $2,366 yearly, or $197 a month. Expect to pay about $214 more per year to insure a Porsche Taycan when compared to the average rate for all sports cars, and $799 more per year than the all-vehicle national average of $1,567.

The cost summary chart below illustrates average insurance cost per year for a 2022 Porsche Taycan using different deductibles and driver age groups.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2022 model year Porsche Taycan with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others. Physical damage deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Porsche Taycan trim levels.Data last updated on September 13, 2022
Porsche Taycan Insurance Cost Summary
Porsche Taycan Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$5,368$447
Safe Driver Age 20$4,704$392
At-fault Accidents Age 40$3,294$275
Low Deductibles Age 40$3,220$268
Safe Driver Age 30$2,530$211
Safe Driver Age 40$2,366$197
Safe Driver Age 50$2,148$179
Safe Driver Age 60$2,112$176
Discount Rate Age 40$1,966$164
High Deductibles Age 40$1,930$161

Is Porsche Taycan insurance expensive?

When compared to other popular sports cars, insurance on a Porsche Taycan averages $758 more per year than the Ford Mustang, $196 more than the Dodge Challenger, and $254 more than the Chevrolet Camaro.

The Porsche Taycan ranks #17 out of 23 total vehicles in the sports car segment for most affordable car insurance prices. The Taycan costs an average of $2,366 per year for full coverage insurance, while the segment average cost is $2,152 annually, a difference of $214 per year.

The table below ranks average insurance cost for the entire 2022 sports car segment, with the Taycan highlighted and ranked at #17.

Insurance Cost Comparison: Porsche Taycan vs Sports Cars
Rank Make/Model Insurance Cost Difference
1Mazda MX-5 Miata$1,322-$1,044
2Ford Mustang$1,608-$758
3BMW Z4$1,642-$724
4Subaru WRX$1,734-$632
5Toyota GR86$1,776-$590
6Toyota GR Supra$1,818-$548
7Audi TT$1,856-$510
8Subaru BRZ$1,916-$450
9Chevrolet Corvette$1,922-$444
10BMW M3$1,974-$392
11Porsche 718$2,064-$302
12Chevrolet Camaro$2,112-$254
13Lexus RC F$2,162-$204
14Dodge Challenger$2,170-$196
15Mercedes-Benz AMG GT53$2,202-$164
16Jaguar F-Type$2,304-$62
17Porsche Taycan$2,366--
18Porsche 911$2,426$60
19BMW M4$2,428$62
20Lexus LC 500$2,514$148
21Acura NSX$2,948$582
22Audi R8$3,078$712
23Nissan GT-R$3,154$788

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on 2022 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on September 13, 2022
Insurance Cost Comparison: Porsche Taycan vs Sports Cars

What is the cheapest Porsche Taycan insurance?

The cheapest Taycan to insure is the base Sedan at an average cost of $2,018 per year, or about $168 per month. The next cheapest model is the 4 Cross Turismo at $2,140 per year, and the third cheapest model to insure is the 4S at $2,230 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 $2,498,  $2,594, and $2,600 per year, respectively.

Average car insurance rates are shown in the table below for each 2022 Porsche Taycan trim level.

2022 Porsche Taycan Insurance Cost by Trim Level
Porsche Taycan Trim Level Annual Policy 6-month Policy Per Month
Sedan$2,018$1,009$168
4 Cross Turismo$2,140$1,070$178
4S$2,230$1,115$186
4S Cross Turismo$2,278$1,139$190
GTS$2,406$1,203$201
GTS Sport Turismo$2,414$1,207$201
Turbo$2,486$1,243$207
Turbo Cross Turismo$2,498$1,249$208
Turbo S$2,594$1,297$216
Turbo S Cross Turismo$2,600$1,300$217

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2022 Porsche Taycan, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on September 13, 2022
Porsche Taycan Insurance Cost by Trim Level

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 $3,610 or more per year.
  • Clean up your credit to lower your rates. Having a high credit score of 800+ could save as much as $371 per year compared to a slightly lower credit score between 670-739. Conversely, a lower credit score could cost around $431 more per year.
  • As you age, insurance rates get cheaper. The difference in insurance rates for a Taycan between a 60-year-old driver ($2,112 per year) and a 20-year-old driver ($4,704 per year) is $2,592, or a savings of 55.1%.
  • 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 $400 per yearon the cost of insuring a Taycan.
  • Young male drivers pay the highest rates. For a 2022 Porsche Taycan, a 20-year-old male will pay an average rate of $4,704 per year, while a 20-year-old female driver pays an estimated $3,466, a difference of $1,238 per year. Women get significantly cheaper rates. But by age 50, rates for male drivers are $2,148 and the rate for women is $2,106, a difference of only $42.