What is Porsche?
Ferdinand Porsche was only 23 years old when he designed and built one of the first vehicles ever registered in Austria, the P1.
Since 1898, Porsche has grown into one of the most famous brands in the world, having designed some of the most desirable sports cars ever made.
The original Volkswagen Beetle, launched in 1934, was actually designed by Ferdinand Porsche, and the two companies worked together on many other cars.
In 1964 Porsche unveiled their best-known model, the Porsche 911, which put Porsche on the map as a manufacturer of fast, innovative cars with high quality engineering under the bonnet.
Popular Porsche Models
- 911: The flagship model in Porsche’s line-up, the 911 is famous for its distinctive design. This includes its rear-engine layout and independent rear suspension. Widely considered to be one of the most aesthetic cars ever made, the 911 has been modified for many different race formats, including rallying. The 911 falls into insurance groups 46-50, making it relatively expensive to insure. It costs around £780 on average for a 36-50 year old to insure annually.
- Boxster: The Boxster is designed with relative affordability in mind and is a slightly cheaper alternative to their flagship 911. Porsche developed the Boxster as they feared the high price tag on their 911 would lead them into financial trouble. The Boxster still comes with fairly large six-cylinder engines in sizes of 2.5-litres and above, so it definitely doesn’t lack in power and speed. Boxsters cost someone aged 31-45 around £600 a year to insure on average.
- Cayenne: The Porsche Cayenne is a large and powerful crossover SUV. It handles exceptionally well, given its size, and comes with engines sized 3.0-litres and larger. The Cayenne is a popular model as it carries the prestige of a Porsche, but with the space of a SUV. Insurance on a Cayenne costs around £850 a year on average for someone aged 41-55.
How to Get Cheaper Porsche Insurance
Despite the hefty price tag on Porsche models, the insurance policy you opt for doesn’t need to break the bank.
Naturally, being luxury cars with large engines, Porsche’s do tend to cost more to insure than the average motor, but there are still things you can do to bring down the cost of your premiums.
One tip is to not customise or modify your Porsche. Modified cars always cost more to insure, whether the modifications are performance-related or purely cosmetic.
You may be tempted to tweak things inside your Porsche to get that little bit extra out of it, but if you want to keep your insurance costs down it’s best to leave things as they are.
Be warned, as crazy as it is, even window stickers can be classed as a ‘modification’, so think twice before you make any changes to your car in any way whatsoever.
Another way to reduce the cost of your car insurance premium is to make sure that you are parking your Porsche safely overnight.
Your car is a prime target for thieves, so if you can show your insurance company that you’re taking extra precautions to deter theft you could see the cost of your insurance go down.
Compare Porsche Insurance
Aside from the tips mentioned previously, one of the quickest and easiest things you can do to potentially save hundreds of pounds on your car insurance is to compare policies before you purchase one.
Money Expert has a quick and easy tool you can use to compare car insurance quotes from all the big providers. All you have to do is fill in your details and we’ll do all the hard work of finding the best deals available. All you have to do is review them and select the one you feel fits your needs the best.