4.8/5
Affordability
4.5/5
Claims Ratings
5/5
User Satisfaction
5/5
Financial Stability
It costs an average of $1,178 per year to insure a Porsche Taycan, according to MoneyGeek's research. Its average cost is cheaper than the average car insurance cost, making a Porsche Taycan inexpensive to insure. However, insurance premiums vary based on the insurer and the vehicle's model year.
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
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Different insurance companies offer varying premiums depending on your car’s model year. It's best to shop around to get the best deal possible for your Porsche Taycan to make sure you get the best rate for your model year.
The average cost of insurance for a Porsche Taycan is $1,178 per year. This means that it is $249 cheaper to insure compared to the annual average car insurance cost.
Depending on the insurance company, a Porsche Taycan’s insurance costs can vary by up to $550 per year on average.
Your Porsche Taycan's insurance prices may be affected by its model year. Older cars tend to be cheaper to insure.
MoneyGeek's study shows that your car insurance premiums depend on the insurance company of your choice. The average car insurance rate for a Porsche Taycan is $1,178 per year.
The average cost difference between the Porsche Taycan’s cheapest and most expensive insurers is $550 per year.
For a Porsche Taycan, GEICO is the cheapest car insurance company, charging an average cost of $981 per year. The most expensive insurer is Allstate at $1,531 per year on average.
In this study, MoneyGeek used a 40-year-old sample driver profile to gather thousands of Porsche Taycan insurance quotes. The driver has 100/300/100 liability insurance and comprehensive and collision coverage.
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Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Insurance companies calculate the insurance cost of an automobile based on a number of factors. These can include theft rates, accident rates, car value and more.
Although a Porsche Taycan is an electric car, it is cheaper to insure due to its lower value, service costs and theft rates.
When looking to buy car insurance for your Porsche Taycan, price should not be the only thing you consider.
MoneyGeek's rating system rated the car insurance companies to find the companies to insure a Porsche Taycan. Based on customer satisfaction, affordability, consumer complaints and financial strength, we determined that:
Insurance premiums for older vehicle models are relatively lower because as the vehicle’s value decreases, the cost of collision and comprehensive insurance also decreases. However, we only have one Porsche Taycan model year available in our database.
The average insurance premium for a 2020 Porsche Taycan is $1,178 per year. Take note that insurance companies may offer lower rates based on the model year of the vehicle. The most affordable insurance coverage is offered by GEICO, which charges an average cost of $981 per year.
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Compared to the average car insurance cost, insuring a Porsche Taycan is inexpensive. A Porsche Taycan's average annual insurance cost is $1,178, which is $249 cheaper compared to the average car insurance cost across all models in our database.
Younger drivers may face higher car insurance premiums as a result of their lack of driving experience.
A Porsche Taycan’s insurance for an 18-year-old driver costs at an average of $3,846 per year, which is $2,668 more expensive than the average car insurance cost that a 40-year-old driver pays per year for the same car.
Instead of getting your own insurance policy as a young driver, which is very expensive, you can save money by being included in your parent’s car insurance policy.
The table below shows the average cost of insurance for a Porsche Taycan for young drivers aged 16 to 25.
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The insurance prices indicated in this guide are based on a national average. However, your car insurance rates are greatly influenced by your location. Our state page analysis shows more information regarding car insurance costs in each state.
The model of your car plays an important role in determining the cost of your auto insurance, but it’s just one of the many factors insurers consider. The answers to some of the most frequently asked questions about Porsche Taycan insurance are provided below.
In this analysis, MoneyGeek gathered thousands of insurance quotes for a Porsche Taycan across all model years available. The prices were calculated using a full coverage insurance policy which included the following coverages:
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