1. Geico: Geico is known for offering competitive rates, especially for young drivers. On average, a 20-year-old male driving a Porsche Boxster can expect to pay around $3,500 to $4,000 per year for full coverage insurance, which includes liability, collision, and comprehensive coverage.
2. Progressive: Progressive is another insurer known for its affordable rates. For a 20-year-old male driving a Porsche Boxster, the average annual insurance cost can range from $3,700 to $4,500 for full coverage.
3. Allstate: Allstate offers customizable insurance plans, so the cost can vary depending on the level of coverage chosen. On average, a 20-year-old male driving a Porsche Boxster may pay around $4,000 to $5,000 annually for full coverage.
4. State Farm: State Farm also offers tailored insurance options. For a 20-year-old male driving a Porsche Boxster, the average annual cost for full coverage can range from $4,200 to $5,500.
5. Farmers Insurance: Farmers Insurance provides personalized quotes based on various factors. A 20-year-old male driving a Porsche Boxster can typically expect to pay around $4,500 to $6,000 per year for full coverage.
These estimates are just rough averages and can vary significantly depending on the driver's location, driving record, and the insurance company's specific rates and discounts. To get the most accurate estimate, it's best to obtain quotes from multiple insurance providers and compare their offerings. Additionally, young drivers may be eligible for various discounts, such as those for completing a defensive driving course or having a good academic record.
