Thread: Insurance Costs
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Old 02-21-2007, 08:26 AM   #3
YellowJacket
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Join Date: Jan 2005
Location: Richmond, VA
Posts: 251
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At 24, I pay $75/mo. for 500/500 primary vehicle, including discounts for married, multi-car, multi-line. No tickets, but an accident about 2 years ago. My next bill should have the accident dropped off, and I'll be turning the magical 25 years old, so it should go down a bit more.

I asked my agent why this car is significantly cheaper to insure than any of my BMW's were. He said that Porsche's are rated as one of the cheapest cars to insure due to the types of people who own them. Repair costs are high, but owners tend to be older, more mature, more courteous, etc. On the other hand, BMW is one of the most expensive due to primarly younger, less mature, more "spirited" drivers + the high cost of repairs.

Anyway, as previously stated, too many variables and not enough sample to draw broad conclusions, but enough andectodal evidence to say that Boxsters are fairly cheap to insure, I'd say!
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