Insurance premiums for a Porsche Taycan average $454 monthly for full coverage and $231 for minimum coverage. Depending on your particular trim and model year, costs can range from $117 to $780 monthly.
Porsche Taycan Insurance Cost
Key Takeaways
Porsche Taycan insurance costs average $454 per month for full coverage, though rates vary by model year and insurer. GEICO offers the cheapest rates on average for minimum coverage for Taycan owners. Read more
Among sports cars, the Taycan ranks 93 out of 115 for insurance affordability, placing it on the expensive side. Sports cars cost more to insure due to performance capabilities, increased repair costs and theft risk. Read more
For the most accurate rates, check costs specific to your Taycan's model year and driver ages, especially if you're insuring a teen driver on your policy. Read MoneyGeek's analysis of rates by company for specific Taycan model years, depending on the age of the drivers
How Much Is Porsche Taycan Insurance?
Costs vary by model year and insurance company. Porsche Taycan minimum coverage ranges from $151 per month with GEICO to $349 with Farmers. Full coverage costs are from $305 with UAIC to $787 with AIG.
| AAA | $247 | $517 |
| AIG | $313 | $787 |
| Allstate | $291 | $565 |
| Amica | $306 | $630 |
| Chubb | $287 | $580 |
| Farmers | $349 | $612 |
| Geico | $151 | $332 |
| Kemper | $179 | $369 |
| Nationwide | $195 | $339 |
| Progressive | $250 | $470 |
| State Farm | $248 | $527 |
| The Hartford | $205 | $350 |
| Travelers | $181 | $335 |
| UAIC | $243 | $305 |
Is Porsche Taycan Expensive to Insure?
MoneyGeek's analysis of 115 sports cars reveals the Porsche Taycan's insurance costs rank 93rd for affordability. It's competitively priced within its luxury category. Sports cars are expensive to insure, and the Taycan is among the top 4% most costly models.
| Lamborghini Temerario | $312 | 90 |
| Ferrari F12 | $313 | 91 |
| Ferrari 599 | $339 | 92 |
| Porsche Taycan | $342 | 93 |
| Lamborghini Revuelto | $405 | 94 |
| Ferrari SF90 | $408 | 95 |
| Karma Gysera | $420 | 96 |
Several factors affect what you'll pay for Porsche Taycan insurance:
- Average Repair or Replacement Costs: The Taycan's $1,507 annual repair costs make it Porsche's most affordable model to maintain out of four available models, helping keep insurance premiums more reasonable.
- Vehicle Trim, Features and Accessories: With horsepower ranging from 402 to 750 hp across various trims, higher-performance variants cost more to insure due to their extreme power capabilities and increased risk profile.
- Driver Profile: Most Taycan drivers are aged 40 to 50 with higher incomes, which may lower rates. But the vehicle's performance reputation attracts risk-taking behaviors that concern insurers. Read more about the costs of Porsche Taycans for young drivers.
Porsche Taycan Insurance Cost by State
This model costs $108 monthly in Wyoming to $451 in Louisiana for minimum coverage, depending on where you're located. These state differences are due to an area's risk characteristics and insurance regulations.
| Alabama | $239 | $449 |
| Alaska | $171 | $367 |
| Arizona | $295 | $552 |
| Arkansas | $208 | $463 |
| California | $208 | $419 |
| Colorado | $223 | $544 |
| Connecticut | $305 | $531 |
| Delaware | $291 | $488 |
| Florida | $219 | $520 |
| Georgia | $325 | $532 |
| Hawaii | $116 | $264 |
| Idaho | $124 | $257 |
| Illinois | $212 | $399 |
| Indiana | $145 | $285 |
| Iowa | $164 | $397 |
| Kansas | $185 | $439 |
| Kentucky | $270 | $468 |
| Louisiana | $451 | $943 |
| Maine | $139 | $294 |
| Maryland | $356 | $607 |
| Massachusetts | $234 | $500 |
| Michigan | $387 | $751 |
| Minnesota | $197 | $426 |
| Mississippi | $240 | $470 |
| Missouri | $308 | $605 |
| Montana | $200 | $478 |
| Nebraska | $175 | $398 |
| Nevada | $326 | $592 |
| New Hampshire | $190 | $341 |
| New Jersey | $322 | $534 |
| New Mexico | $179 | $405 |
| New York | $243 | $438 |
| North Carolina | $178 | $351 |
| North Dakota | $175 | $387 |
| Ohio | $167 | $329 |
| Oklahoma | $226 | $509 |
| Oregon | $225 | $394 |
| Pennsylvania | $244 | $571 |
| Rhode Island | $287 | $514 |
| South Carolina | $215 | $406 |
| South Dakota | $147 | $479 |
| Tennessee | $188 | $381 |
| Texas | $267 | $548 |
| Utah | $211 | $361 |
| Vermont | $130 | $309 |
| Virginia | $222 | $356 |
| Washington | $190 | $358 |
| West Virginia | $230 | $469 |
| Wisconsin | $168 | $369 |
| Wyoming | $108 | $326 |
Porsche Taycan Costs by Model Year and Insurance Company
Costs vary based on the car's age and your own. A 35- to 55-year-old driver pays $254 monthly to get full coverage on a 2020 Porsche Taycan compared to $549 for a 2025 model.
GEICO is the lowest-priced across all Taycan model years for minimum coverage.
Cost of Car Insurance for 2025 Porsche Taycan
| Geico | $185 | $406 |
| Kemper | $208 | $428 |
| Travelers | $221 | $411 |
| Nationwide | $230 | $401 |
| National General | $242 | $496 |
| The Hartford | $242 | $413 |
| UAIC | $294 | $370 |
| Progressive | $304 | $570 |
| AAA | $313 | $655 |
| State Farm | $333 | $712 |
| Allstate | $338 | $657 |
| Chubb | $369 | $746 |
| Amica | $396 | $815 |
| AIG | $397 | $999 |
| Farmers | $425 | $747 |
Cost of Car Insurance for 2024 Porsche Taycan
| Geico | $152 | $334 |
| Kemper | $171 | $352 |
| Travelers | $182 | $338 |
| Nationwide | $189 | $330 |
| National General | $199 | $407 |
| The Hartford | $199 | $339 |
| UAIC | $241 | $304 |
| Progressive | $250 | $469 |
| AAA | $257 | $539 |
| State Farm | $274 | $586 |
| Allstate | $278 | $540 |
| Chubb | $303 | $613 |
| Amica | $326 | $670 |
| AIG | $326 | $821 |
| Farmers | $350 | $614 |
Cost of Car Insurance for 2023 Porsche Taycan
| Geico | $121 | $266 |
| Kemper | $136 | $280 |
| Travelers | $145 | $269 |
| Nationwide | $151 | $263 |
| National General | $158 | $325 |
| The Hartford | $159 | $271 |
| UAIC | $192 | $242 |
| Progressive | $199 | $374 |
| AAA | $205 | $429 |
| State Farm | $218 | $467 |
| Allstate | $222 | $431 |
| Chubb | $242 | $489 |
| Amica | $260 | $534 |
| AIG | $260 | $655 |
| Farmers | $279 | $490 |
Cost of Car Insurance for 2022 Porsche Taycan
| Geico | $157 | $346 |
| National General | $178 | $364 |
| Travelers | $188 | $348 |
| Kemper | $203 | $418 |
| State Farm | $214 | $450 |
| Nationwide | $214 | $373 |
| The Hartford | $226 | $386 |
| AAA | $242 | $505 |
| UAIC | $257 | $322 |
| Progressive | $264 | $497 |
| Chubb | $273 | $552 |
| Amica | $288 | $592 |
| AIG | $305 | $767 |
| Allstate | $327 | $639 |
| Farmers | $366 | $641 |
Cost of Car Insurance for 2021 Porsche Taycan
| Geico | $138 | $304 |
| National General | $156 | $320 |
| Travelers | $165 | $306 |
| Kemper | $178 | $368 |
| State Farm | $188 | $395 |
| Nationwide | $188 | $328 |
| The Hartford | $199 | $339 |
| AAA | $213 | $443 |
| UAIC | $226 | $283 |
| Progressive | $232 | $436 |
| Chubb | $240 | $485 |
| Amica | $253 | $520 |
| AIG | $268 | $674 |
| Allstate | $288 | $561 |
| Farmers | $322 | $563 |
Cost of Car Insurance for 2020 Porsche Taycan
| Geico | $116 | $254 |
| National General | $130 | $267 |
| Travelers | $138 | $255 |
| Kemper | $149 | $307 |
| State Farm | $157 | $330 |
| Nationwide | $157 | $274 |
| The Hartford | $166 | $283 |
| AAA | $178 | $370 |
| UAIC | $189 | $236 |
| Progressive | $194 | $365 |
| Chubb | $201 | $405 |
| Amica | $211 | $434 |
| AIG | $224 | $563 |
| Allstate | $240 | $469 |
| Farmers | $269 | $470 |
Porsche Taycan Insurance Cost by Trim
Porsche Taycan insurance costs vary by trim, from $780 monthly for full coverage on high-performance Turbo GT variants down to $117 for minimum coverage on Base Sedan models. Performance features, rarity, and market value determine where your trim falls in this range.
| Base Sedan | $117 | $229 |
| Cross Turismo Turbo | $287 | $565 |
| Cross Turismo Turbo S | $345 | $679 |
| Gts | $241 | $473 |
| Gts Sedan | $180 | $354 |
| Gts Sport Turismo | $213 | $418 |
| Sport Turismo Gts | $247 | $486 |
| Taycan | $160 | $315 |
| Turbo | $280 | $550 |
| Turbo Cross Turismo | $251 | $494 |
| Turbo Gt | $396 | $780 |
| Turbo Gt W/Weissach Pkg | $395 | $778 |
| Turbo S | $337 | $664 |
| Turbo S Cross Turismo | $307 | $604 |
| Turbo S Sedan | $252 | $495 |
| Turbo Sedan | $206 | $405 |
| 4s Sedan | $143 | $282 |
| Sedan 4d | $152 | $299 |
| 4 Cross Turismo | $153 | $301 |
| 4s Sedan 4d | $169 | $332 |
| Cross Turismo $4 | $179 | $353 |
| $4 | $180 | $354 |
| 4s Cross Turismo | $181 | $356 |
| 4s | $193 | $380 |
| Cross Turismo 4s | $205 | $402 |
| Turbo Sedan 4d | $233 | $459 |
| Gts Sedan 4d | $243 | $477 |
| Turbo S Sedan 4d | $263 | $518 |
How to Lower the Cost of Porsche Taycan Insurance
- 1Choose the right coverage
First figure out how much coverage you need to buy for your Porsche Taycan. If you own your car get state minimum liability plus comprehensive and collision with a $1,000 deductible to lower premiums.
For better coverage consider 100/300/100 liability with comprehensive and collision at a $500 deductible. If your car is financed or leased then you need 100/300/100 liability limits, comprehensive and collision with a $500 deductible, plus gap insurance.
- 2Research costs and cheap companies
Look at average auto insurance costs for sports cars when looking for the cheapest car insurance companies.
- 3Look for more than just low rates
Finding quality car insurance means looking at more than just quotes. Check J.D. Power satisfaction ratings, discussions about claims processing, Better Business Bureau records and AM Best financial stability scores.
- 5Consider alternative car insurance types
You might benefit from usage-based insurance programs like Progressive Snapshot or Allstate Drivewise.
Porsche Taycan Insurance Cost: Bottom Line
Porsche Taycan insurance costs more than average, but you can still find decent rates. Shopping multiple companies, claiming available discounts and adjusting coverage options helps you secure better pricing for this luxury vehicle.
Porsche Taycan Insurance Rates: FAQ
What is the average cost of car insurance for a Porsche Taycan?
Porsche Taycan insurance costs $2,770 annually for state minimum coverage and $5,447 yearly for full coverage. These rates represent the national average premiums for this luxury electric vehicle.
What company has the cheapest car insurance for a Porsche Taycan?
GEICO provides the most affordable minimum coverage for a Porsche Taycan at $1,813 annually. UAIC delivers the best value for full coverage at $3,659 per year.
Are Porsche Taycans expensive to insure?
Yes, Porsche Taycan insurance costs more than most cars. Among sports cars, this model ranks 93rd out of 115 for affordability, while placing 798th out of 827 vehicles overall.
What factors affect insurance costs for Porsche Taycans?
The high repair costs from specialized parts and advanced technology increase premiums. Your driving record, credit score and selected coverage levels also affect rates.
How can I lower Porsche Taycan insurance costs?
Compare quotes from several insurers, as Porsche Taycan pricing varies across companies, and explore usage-based programs that monitor safe driving.
How We Determined Porsche Taycan Insurance Costs
MoneyGeek analyzed quote estimates for U.S. vehicle models from 2000 to 2025 to calculate these Porsche Taycan insurance costs.
Who We Based These Rates On
These rates reflect what an average driver pays: a 40-year-old unmarried male with a clean record, no tickets or crashes, good credit, no prior claims, a valid license with no suspensions and approximately 12,000 miles driven per year.
Coverage Definitions
Minimum coverage reflects state-required liability limits. Full coverage means 100/300/100 liability plus comprehensive and collision with a $1,000 deductible.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has spent nearly a decade analyzing the market, first at LendingTree and now at MoneyGeek, where he has produced original research on hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
He writes about economics and insurance on MoneyGeek so people can make coverage decisions with confidence. His insurance insights have been featured in The Washington Post, The New York Times and NPR, among other media outlets.
Like all MoneyGeek analysts, Fitzpatrick draws on independent cost and consumer experience data, and no insurance company partnership influences his recommendations.
Mark holds a master's degree in economics and international relations from Johns Hopkins University and a bachelor's degree from Boston College. He started his career in financial risk management at State Street before moving into insurance market analysis. He's also a five-time Jeopardy champion!