Porsche Taycan Car Insurance Rates

As a sports electric car, Porsche Taycan car insurance rates for basic coverage should vary from $300 to $400. With a $150,000 price tag, the Taycan Turbo has an annual cost to base insurance ratio of around 3 percent, which is somewhat less than the 4 percent national average. The Taycan Porsche 2020 is the first all-electric sports car in the business and early tests show that Taycan is as quick as the brand. Initially, the Taycan will be offered in two high-performance trimming levels, Turbo and Turbo S, which will cost 150,000 dollars and 180,000 dollars respectively and will be available in more regular variants in 2020.

How do I compare insurance for Taycan?

Porsche Taycan Car Insurance Rates - Porsche Logo

Taycan rates are established according to the following characteristics, although the final rate is also affected by personal factors like locality and driving history.

  • Body type. The Taycan is an electric luxury sedan that means that it’s more pricey than an SUV or a conventional car crossover.
  • Fuel. Depending on the kind of battery utilized, the Taycan all-electric range is stated to be between 225 and 275 miles. Charging time again is depending on the utilized charger, however with a 270-kw charger it may range from 0% to 80% in just 20 minutes. Electrical battery components can be more expensive to maintain while saving money on oil, resulting in a slight increase in insurance costs.
  • Theft rates. Multiple premium versions of Porsche have low theft rates. Because of the anti-theft features on the Taycan 2020, the carmaker has successfully requested an exemption from the Federal Motor Vehicle Prevention Standard from the Department of Transportation. This sort of exemption shows that the car is safe.
  • Maintenance. For regular Porsche, annual maintenance expenditures normally vary from a few hundred to several thousand dollars. Because electric vehicles have reduced maintenance costs than petrol vehicles, you may anticipate to spend the same price or les
  • Coverage. With a price base of over $150,000 for the Turbo and over $180,000 for the Turbo S, the Taycan will definitely want to have the highest available coverage including comprehensive coverage for collisions. In addition, you may choose to seek an agreed value insurance that guarantees the entire value of the car without considering any depreciation in case of total loss.
  • Warranty. The Taycan comes with a regular 3 year warranty and the battery is supplied with an 8-year warranty. Porsche’s warranty also provides free roadside assistance so that you can skip your insurance coverage
  • Manufacturer offer. There are presently no Porsche Taycan manufacturers offered, but a less costly version of the Turbo and Turbo S is released for around $90,000.

Does the Porsche Taycan qualify for discounts?

Yes, vehicle-specific safety savings are eligible however the availability varies by insurance

  • Electric vehicle
  • Active restraints
  • Passive restraints
  • Airbags
  • Anti Lock brakes
  • Automatic emergency brake
  • Antitheft device

How reliable is the Porsche Taycan?

The Taycan lacks authoritative ratings on security and reliability at the time of this writing and may never have due to its low volume. On the other hand, Porsche is famous for creating reliable cars

  • Safety. The Porsche Taycan has many safety features to alleviate concerns over a lack of official safety testing. A few features are automatic emergency braking, driver assistance, active lane control, night-vision cameras and surround video system.
  • Reliability. Because of the history and reputation of Porsche, the Taycan model should be highly reliable. The Porsche 911 GT3 RS Coupe received from J.D. Power a 92 out of 100 rating for quality and reliability, and a 95 out of 100 rating overall.
  • Recalls. Porsche recalled numerous of their vehicles from 2010 to 2017, therefore Taycan’s reminder is not excluded

Bottom line

The Porsche Taycan is the first all-electric sports car of the brand. Its advanced security systems can help you maintain Taycan’s insurance prices by offering several insurance savings, plus the Porsche general reliability ratings and minimal robbery.

Compare and check out our review of Audi E-Tron Insurance Rates.