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Discussion Starter #1
Has anyone obtained an insurance quote from their insurance provider? Electric vehicles and Teslas generally carry higher insurance premiums compared to ICE cars. Anyone have any real world quotes yet? Is it too soon to call up Geico and get a quote? I'm hopeful the premium will be comparable to a Model S, but I wouldn't be surprised if the cost is higher because the cost of repairing damaged Taycans is an unknown, and the actuaries at the insurance companies don't have the years of data like they do for the Model S. But perhaps the Taycan will have cheaper insurance than a Model S because Porsche/VW have been supplying collision shops with parts for decades, and probably have a more efficient parts distribution network. What does everyone think, and does anyone have an insurance quote yet they'd like to share?
 

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It wouldn't hurt to reach out to a company like Geico and see if they have anything to offer. Some insurance companies are more ahead of the game than others when it comes to EVs.

Also, Porsche has been testing out its own insurance program for owners in Illinois and Oregon.

 

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Through USAA, it will cost me $162 more per month to insure a turbo/turbo S over what I currently pay for a Panamera 4S. The Panamera is almost twice the price to insure as our Cayenne turbo. Hopefully the Taycan insurance program makes it to Texas.
 

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Discussion Starter #4
Through USAA, it will cost me $162 more per month to insure a turbo/turbo S over what I currently pay for a Panamera 4S. The Panamera is almost twice the price to insure as our Cayenne turbo. Hopefully the Taycan insurance program makes it to Texas.
That's a useful data point, thank you. USAA usually offers some of the lowest insurance rates too, if you qualify as a member for USAA.
 

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SAFECO wants to charge me $3200 annually for a Turbo S. They required a VIN for the quote and a Turbo S VIN was all I could obtain. Hopefully the RWD Taycan will be less expensive to insure.
 

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My Cayenne & Spyder are about $1K each to insure annually
 

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Has anyone obtained an insurance quote from their insurance provider? Electric vehicles and Teslas generally carry higher insurance premiums compared to ICE cars. Anyone have any real world quotes yet? Is it too soon to call up Geico and get a quote? I'm hopeful the premium will be comparable to a Model S, but I wouldn't be surprised if the cost is higher because the cost of repairing damaged Taycans is an unknown, and the actuaries at the insurance companies don't have the years of data like they do for the Model S. But perhaps the Taycan will have cheaper insurance than a Model S because Porsche/VW have been supplying collision shops with parts for decades, and probably have a more efficient parts distribution network. What does everyone think, and does anyone have an insurance quote yet they'd like to share?
I am looking at State Farm + mulitple cars + Homeowners insurance bundle at $1089/6mo for my Taycan Turbo
 

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Discussion Starter #12
Numbers from Geico for Arizona.

Taycan Turbo AWD 6-month premium: $1864
Model S Performance Ludicrous 6-month premium: $1713
 

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I'm so glad we can compare Porsche Taycan car insurance prices like this since it reveals a lot that we wouldn't otherwise find.

Progressive quoted me $382/month.

I thought that was reasonable but not when compared to a Tesla Model S that would cost me $85/month less. Has anyone been seeing a similar divide between the Taycan and Model S? Prior to getting both quotes, I was under the impression that Tesla's cost more to insure. Someone I follow (likely on this forum too) found that to be true and by a large margin, by nearly $200:

Porsche Taycan Auto Insurance
 

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Hi, I’m looking at purchasing a taycan 4s in the UK, anyone had any uk insurance quotes yet? No company will give me any idea as there is no registration on a vehicle yet. Thanks
 

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Hi, I’m looking at purchasing a taycan 4s in the UK, anyone had any uk insurance quotes yet? No company will give me any idea as there is no registration on a vehicle yet. Thanks
Weren't UK Taycan deliveries scheduled to start in January?

Some Model S and Model X owning friends I have in the UK averaged around £1200
It might be safe to say that your worst case scenario is paying what they do.

Of course there are so many factors that play into the quotes one gets, who knows, maybe you'll pay close to £800 as I've seen/heard.
 

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Hi, I’m looking at purchasing a taycan 4s in the UK, anyone had any uk insurance quotes yet? No company will give me any idea as there is no registration on a vehicle yet. Thanks
Direct line quoted me today £750 (mid age, clean licence, full no claims) that for a 4S plus
 

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USAA in Arkansas, $561 more for 6 months turning in my 2012 991 911. Same coverage. Arkansas will charge me another $100 / six months because it's electric. She said most of the cost difference is due to the current value of the two cars.

Chuck.
 

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Discussion Starter #19
Good to read more numbers and data points, let's keep them going. I'm all about the numbers.
 

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Has anyone obtained an insurance quote from their insurance provider? Electric vehicles and Teslas generally carry higher insurance premiums compared to ICE cars. Anyone have any real world quotes yet? Is it too soon to call up Geico and get a quote? I'm hopeful the premium will be comparable to a Model S, but I wouldn't be surprised if the cost is higher because the cost of repairing damaged Taycans is an unknown, and the actuaries at the insurance companies don't have the years of data like they do for the Model S. But perhaps the Taycan will have cheaper insurance than a Model S because Porsche/VW have been supplying collision shops with parts for decades, and probably have a more efficient parts distribution network. What does everyone think, and does anyone have an insurance quote yet they'd like to share?
My car is being built today. Insurance guy just told me it is $62 more than im paying now for my 12 Panamara Hybrid. $655 for 6 mo. I have a high deductible, figure I need to have significant damage to report it or just pay myself. Better than I thought it was going to be.
 
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