Porsche Taycan Car Insurance Rates

In early testing, the Taycan Porsche 2020 has shown to be as fast as Porsche’s own sports car, the Panamera. First, two high-performance trim levels will be available: Turbo and Turbo S, each costing $150,000. Regular versions will be available in 2020 for $180,000. The monthly Porsche Taycan car insurance rates premiums for a sporty electric vehicle should be in the $300-$400 range. The yearly cost-to-base insurance ratio for the $150,000 Taycan Turbo is around 3%, which is lower than the 4% national average.

How do I compare insurance for Taycan?

Porsche Taycan Car Insurance Rates - Porsche Logo

Taycan rates are set based on the following criteria, although individual considerations like location and driving history influence the final price.

  • Body type. The Taycan is a premium electric sedan, making it more expensive than a normal SUV or vehicle crossover.
  • Fuel. The Taycan’s all-electric range varies from 225 to 275 miles, depending on the battery type. Depending on the charger used, charging time may vary from 0 percent to 80 percent in only 20 minutes with a 270-kw charger. Maintaining electrical battery components costs more while saving on oil results in slightly higher insurance rates for the consumer.
  • Theft rates are quite high right now. Porsche’s premium models are among the least likely to be stolen. Because of the Taycan 2020’s anti-theft capabilities, the Department of Transportation granted the automaker an exemption from the Federal Motor Vehicle Prevention Standard. This kind of exception demonstrates that the vehicle is secure.
  • Maintenance. Annual maintenance costs for a Porsche may range anywhere from a few hundred dollars to several thousand dollars. In the long run, you’ll save money by driving an electric car rather than a gasoline-powered vehicle since electric vehicles need less maintenance.
  • Coverage. There’s no doubt that the Taycan will want the greatest level of coverage possible, including comprehensive collision coverage, with a starting price of over $150,000 for the Turbo and over $180,000 for the Turbo S. A third option is to get agreed value insurance, which guarantees the full worth of the vehicle, even if it’s totaled, regardless of how much it’s depreciated.
  • Warranty. The battery on the Taycan has an 8-year guarantee in addition to the standard 3-year warranty. Porsche’s warranty also includes free roadside assistance, allowing you to without purchasing insurance coverage. However, a less expensive version of the Porsche Turbo and Turbo S is available for about $90,000 and does not yet have a Porsche Taycan maker.

Does the Porsche Taycan qualify for discounts?

Although vehicle-specific safety savings are available, the availability varies by insurer.

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

How reliable is the Porsche Taycan?

Because of its small market share, the Taycan has no official security or dependability ratings at the time of this writing. Porsche, on the other hand, is well-known for building dependable automobiles.

  • Safety. Many safety measures on the Porsche Taycan help to allay fears about the absence of formal safety testing. Autonomous emergency braking is one among the features, but there are others like driver assistance, active lane control, night vision cameras, and a surround video system.
  • Reliability. Porsche’s history and reputation suggest that the Taycan model will have exceptional dependability. J.D. Power awarded the Porsche 911 GT3 RS Coupe a quality and dependability rating of 92 out of 100, as well as an overall rating of 95 out of 100.
  • Recalls. Porsche has issued many recalls since 2010, thus the Taycan is not an exception.

Bottom line

Porsche’s Taycan all-electric sports vehicle debuts at the Los Angeles Auto Show. In addition to the Porsche dependability ratings and low robbery, the Taycan’s sophisticated security systems can help you preserve Taycan’s insurance rates by providing various insurance savings and insurance savings.

Check out our review of Tesla Model S Car Insurance Rates for one more car insurance review.