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.
Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.
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Car insurance rates vary depending on the make, model and trim level of your vehicle. According to our data analysis, the average cost to insure a Porsche Panamera is $4,606 per year or $384 per month. However, your actual rate may be higher or lower depending on things like where you live, your age, your driving record and other personal factors.
The auto insurance rates also change based on the vehicle's model year. For example, the 2024 Porsche Panamera costs $4,606, whereas the 2023 Porsche Panamera costs $4,791 annually. This is $185 more than the 2024 rates.
Nationwide offers the cheapest annual rate for 2024 Porsche Panamera at $3,542 per year.
Below, we'll look at Porsche Panamera insurance rates and show you how to save.
Average insurance cost of Porsche Panamera by model year
| Year of Porsche Panamera model | Average cost to insure |
|---|---|
| 2024 | $4,606 |
| 2023 | $4,791 |
| 2022 | $4,527 |
| 2021 | $4,436 |
| 2020 | $4,187 |
Compare Panamera insurance rates by state
| Company | Style | Average annual premium |
|---|---|---|
| Nationwide | 2WD 4 Door Sedan DOHC Turbo | $3,012 |
| State Farm | 2WD 4 Door Sedan DOHC Turbo | $3,125 |
| Progressive | 2WD 4 Door Sedan DOHC Turbo | $3,688 |
| GEICO | 2WD 4 Door Sedan DOHC Turbo | $4,168 |
| Allstate | 2WD 4 Door Sedan DOHC Turbo | $6,887 |
Porsche Panamera insurance rates per year
2024 Porsche Panamera insurance rates
Rank Company Average annual premium 1 Nationwide $3,542 2 State Farm $3,647 3 Progressive $3,649 4 GEICO $5,079 5 Allstate $5,731 6 Farmers $5,989 2023 Porsche Panamera insurance rates
Rank Company Average annual premium 1 State Farm $3,752 2 Nationwide $3,767 3 Progressive $3,898 4 GEICO $5,113 5 Farmers $5,897 6 Allstate $6,321 2022 Porsche Panamera insurance rates
Rank Company Average annual premium 1 State Farm $3,490 2 Nationwide $3,682 3 Progressive $3,996 4 GEICO $4,429 5 Farmers $5,775 6 Allstate $5,789 2021 Porsche Panamera insurance rates
Rank Company Average annual premium 1 State Farm $3,618 2 Nationwide $3,622 3 Progressive $4,060 4 GEICO $4,396 5 Allstate $5,426 6 Farmers $5,495 2020 Porsche Panamera insurance rates
Rank Company Average annual premium 1 State Farm $3,242 2 Progressive $3,462 3 Nationwide $3,880 4 GEICO $4,128 5 Allstate $5,128 6 Farmers $5,280 2019 Porsche Panamera insurance rates
Rank Company Average annual premium 1 State Farm $3,137 2 Progressive $3,241 3 GEICO $3,891 4 Nationwide $3,919 5 Allstate $4,700 6 Farmers $5,056 2018 Porsche Panamera insurance rates
Rank Company Average annual premium 1 State Farm $2,878 2 Progressive $2,997 3 GEICO $3,593 4 Nationwide $3,950 5 Farmers $4,739 6 Allstate $4,981 2017 Porsche Panamera insurance rates
Rank Company Average annual premium 1 State Farm $2,745 2 Progressive $2,846 3 GEICO $3,257 4 Nationwide $3,465 5 Farmers $4,443 6 Allstate $4,577
Porsche insurance annual rates by model
Methodology
Data was fielded by Quadrant Information Services across all 50 states and Washington, D.C. for 1,161 vehicle models. More than 67 million data points from 57 insurance companies were analyzed.
Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on:
- Bodily injury liability of $100,000 per person and $300,000 per incident
- Property damage liability of $100,000 per incident
- Comprehensive and collision deductibles of $500
- 40-year-old driver
- Honda Accord LX
- Good credit
- A clean driving record
- 12-mile commute, 10,000 annual mileage