5 Most Expensive New Porsches to Insure
No Porsche is what you would call cheap to insure, but some are much more expensive than others. Here are the top 2015-16 Porsches found by Insure.com to have the highest insurance premiums.
1. 911 Turbo S Cabriolet
It should come as no surprise that Porsche's 540 hp, all wheel drive beast of a 911 isn't exactly cheap to insure. According to Insure.com, the average annual insurance premium for the open top Cabriolet version of the Turbo S is a whopping $3,188. For comparison's sake, stepping down to a Boxster S would nearly cut that cost in half.
2. 911 Turbo S
Surprisingly, opting for the fixed roof version of the 911 Turbo S will cost you slightly more in annual insurance premiums over the Cabriolet - $3,196. The reasons for that must be performance related, because the Cabriolet costs more than the coupe, but it also weighs more, so the result is that it's just a tick slower. The difference just proves that insurance companies look at more than just replacement costs when setting premiums - they consider repair costs, safety ratings, and the number of claims on each model, and convertibles tend to be more about cruising then driving in anger.
3. 911 Carrera GT3 RS
The fact that Porsche's road legal race car makes our list should come as a surprise to no one. With a giant rear wing, 8,800 rpm redline, and huge air intakes, its lights and license plate aren't going to fool anyone. Out back is a race ready, snarling 500 hp flat six that propels this beast to a top speed of 200 miles per hour. No, if you want the privilege of driving around in the GT3 RS, expect to fork over $3,212 a year in average insurance cost.
4. Panamera Turbo Executive
Interestingly enough, the long wheelbase version of the Panamera Turbo is really expensive to insure, even though it will never get driven in the same manner as a 911. Clearly, insurance companies figure that anyone who can afford a driver (and this car) can also afford a little extra on their premiums - to the tune of $3,428 a year, or it may just be the huge repair and replacement costs. The Panemera Turbo Executive is one of the faster limos there is, thanks to its 550 hp 4.0 liter V8, so maybe it gets bought by dignitaries and driven to the max to escape kidnappings and civil unrest?
5. Panamera S Executive
Standing atop our list as the most expensive Porsche to insure in the United States is the Panamera S Executive, with a $3,484 average annual premium cost. The fact that the less powerful S costs more to insure than the Turbo comes as a surprise, but the difference is rather negligible. It is worth noting, however, that the Panamera S Executive lands as the fifth most expensive car to insure of any brand and model. Prestige doesn't come cheap.
If you have an older Porsche that needs repair or maintenance help, check out the how to section of Rennlist.com