If you’re debating whether you can afford insurance on a 2014 Porsche 911 Targa 4S maybe you’re not ready to buy a Porsche, the whole point of owning one is to enjoy it. And worrying whether insurance will cost too much defeats everything that Porsche ownership is about. Here are some things to consider when shopping for Porsche insurance.
On average Porsche 911 Targa 4S insurance will cost around $2500 annually or about $250 per month. If you’re looking for cheap insurance companies for a Porsche 911, there’s a good chance you won’t find any. As soon as you say Porsche the word cheap doesn’t enter the equation. But shop around and get a few quotes.
Porsche 911 insurance will depend on all kinds of factors, the premium you are willing to pay, the deductible that fits your budget, not to mention the location of your car insurance policy. If you live in the sticks it’ll be cheaper. But as a rule of thumb there are no cheap insurance companies for a Porsche.
Ask yourself how often you’ll be driving your Porsche 911 Targa 4S, is it an everyday driver? Or will you whisper sweet nothings to the engine as it waits longingly in your heated garage until spring? Chances are if you aren’t driving it often you can expect a lower car insurance rate.
If a new Porsche 911 Targa 4S is beginning to scare you away consider buying a second hand 1980s Porsche 911 from the, your premium will be much lower and you will still have a classic Porsche. If you want to know exactly what to look for and how to inspect a Porsche 911 from the 1980s you should read our article on How to buy a Porsche 911 from the 1980s so you’re not left buying someone else’s problem.
Owning a Porsche is a once in a lifetime opportunity. If you do decide to get a vintage Porsche don’t forget to factor in the maintenance costs and know what to look for. If you’re hell bent on purchasing that brand new Porsche, because believe me I was speechless when I saw the new Porsche 911 Targa 4S, go for it and please never look back.
Yours truly, Porsche Lover.