Prachi Singh
Written by Prachi Singh
Contributing Researcher

Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.

Prachi Singh Written by Prachi Singh
Contributing Researcher

Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.


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Insurance.com research suggests that the cost of insuring a Porsche 718 is estimated to be around $2,926 annually or $244 monthly. It's important for drivers to consider these rates when assessing their insurance needs. These rates can increase based on your driving record, location, age, and other factors.

Auto insurance rates vary depending on the model year. For instance, average car insurance rates for a 2023 Porsche 718 costs $2,926 per year, while its 2022 equivalent costs $2,519 per year.

Regardless of your chosen model year, you can find a competitive carrierAn insurance carrier is the company that provides your car insurance policy and pays claims. that meets your needs and budget. Insurance.com conducted data analysis and discovered which cars offer the most affordable insurance rates based on model year and whether one specific model is cheaper to insure than others.

Read on to learn in detail about these cost-effective auto policies for Porsche 718.

Average insurance cost of Porsche 718 by model year

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Compare Porsche 718 insurance rates by state

L O A D I N G
CompanyStyleAverage annual premium
State Farm2WD 2 Door Convertible DOHC Turbo$1,782
Nationwide2WD 2 Door Convertible DOHC Turbo$1,923
Progressive2WD 2 Door Convertible DOHC Turbo$2,429
GEICO2WD 2 Door Convertible DOHC Turbo$3,309
Allstate2WD 2 Door Convertible DOHC Turbo$4,642

Porsche 718 insurance rates per year

2023

2023 Porsche 718 insurance rates

Average cost to insure $2,926
Annual cheapest rate $1,795
Available trims Boxster, Boxster GTS 4.0, Boxster S, Boxster Spyder, Boxster T, Cayman, Cayman GT4, Cayman GT4 RS, Cayman GTS 4.0, Cayman S, Cayman T
RankCompanyAverage annual premium
1Nationwide$1,795
2State Farm$1,930
3Progressive$2,228
4GEICO$3,235
5Farmers$3,289
6Allstate$5,078
2022

2022 Porsche 718 insurance rates

Average cost to insure $2,519
Annual cheapest rate $1,638
Available trims Boxster, Boxster GTS 4.0, Boxster S, Boxster Spyder, Boxster T, Cayman, Cayman GT4, Cayman GT4 RS, Cayman GTS 4.0, Cayman S, Cayman T
RankCompanyAverage annual premium
1Nationwide$1,638
2Progressive$1,896
3State Farm$2,284
4GEICO$2,644
5Farmers$2,693
6Allstate$3,956
2021

2021 Porsche 718 insurance rates

Average cost to insure $2,386
Annual cheapest rate $1,388
Available trims Boxster, Boxster GTS 4.0, Boxster S, Boxster Spyder, Boxster T, Cayman, Cayman GT4, Cayman GT4 RS, Cayman GTS 4.0, Cayman S, Cayman T
RankCompanyAverage annual premium
1Progressive$1,388
2Nationwide$1,558
3State Farm$2,392
4Farmers$2,552
5GEICO$2,759
6Allstate$3,668
2020

2020 Porsche 718 insurance rates

Average cost to insure $2,342
Annual cheapest rate $1,703
Available trims Boxster, Boxster GTS 4.0, Boxster S, Boxster Spyder, Boxster T, Cayman, Cayman GT4, Cayman GT4 RS, Cayman GTS 4.0, Cayman S, Cayman T
RankCompanyAverage annual premium
1Progressive$1,703
2State Farm$1,720
3Nationwide$1,839
4Farmers$2,572
5GEICO$2,619
6Allstate$3,597
2019

2019 Porsche 718 insurance rates

Average cost to insure $2,433
Annual cheapest rate $1,813
Available trims Boxster, Boxster GTS 4.0, Boxster S, Boxster Spyder, Boxster T, Cayman, Cayman GT4, Cayman GT4 RS, Cayman GTS 4.0, Cayman S, Cayman T
RankCompanyAverage annual premium
1Nationwide$1,813
2State Farm$1,819
3Progressive$1,994
4GEICO$2,762
5Farmers$2,963
6Allstate$3,247
2017

2017 Porsche 718 insurance rates

Average cost to insure $2,191
Annual cheapest rate $1,643
Available trims Boxster, Boxster GTS 4.0, Boxster S, Boxster Spyder, Boxster T, Cayman, Cayman GT4, Cayman GT4 RS, Cayman GTS 4.0, Cayman S, Cayman T
RankCompanyAverage annual premium
1State Farm$1,643
2Nationwide$1,690
3Progressive$1,813
4GEICO$2,179
5Farmers$2,563
6Allstate$3,256
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