Which insurer depends on the value.
Our quote form sends a Porsche to every insurer on our panel that can take it, and the value decides who that is:
- Under $100,000: mainstream insurers, the way any car is quoted.
- $100,000 to $150,000: mainstream insurers and the prestige specialist, so you see both.
- Over $150,000: the prestige specialist. The mainstream insurers on our panel don’t quote cars above this online.
- 25 years or older, or modified: the specialist is asked whatever the value. Classic car insurance.
A 911 Targa 4 at $250,000.
A test quote through our form in September 2026:
- 2022 Porsche 911 Targa 4, insured for an agreed value of $250,000
- Kept in a locked garage in Melbourne’s east, used privately, under 10,000 km a year
- One driver, aged 48, clean record
The prestige specialist priced it at $3,663.33 a year, including GST and stamp duty, with $30 million liability cover. It set the basic excess at $2,500, above the $1,000 asked for: on a prestige car the insurer commonly sets the excess by the car. The mainstream insurers didn’t quote, because the value was above their limit.
Not every run priced straight away. A 911 Targa 4S driven to work, 10,000 to 15,000 km a year, was referred to an underwriter, and so was a second quote on a car already quoted. A broker takes a referral from there.
The details Porsche owners ask about.
- Paint protection film and ceramic coating: up to $10,000, or the replacement value if lower, in the prestige wording we read. The mainstream wordings don’t mention them.
- Your choice of repairer: included in the prestige wording; an optional extra in both mainstream wordings.
- Parts: up to $5,000 to air-freight parts in. One mainstream wording uses genuine parts only while the car is under its standard new-car warranty.
- A new car replaced, not paid out: for the first 48 months under the prestige wording, against 2 or 3 years in the mainstream ones.
- On a transporter: covered by road, rail, sea and air within Australia.
Track days are excluded by all three. One also excludes driving on roads that aren’t government-gazetted.
What changes from one Porsche to the next.
A 911, GT or Turbo valued above $150,000 is the specialist’s. Agreed value is the common choice there: limited-run cars have few sales for a valuation guide to work from. Agreed or market value.
A Macan, Cayenne, Panamera or Taycan valued between $100,000 and $150,000 can be priced by both kinds of insurer, so you see both side by side. Driven daily, it suits the specialist’s daily-use band, the only one that includes a hire car.
An air-cooled or older 911 is 25 years or older, so it goes to the specialist as a classic. There the wreck is yours to keep if the car is written off.
Enter the rego and your figure.
We find the model and variant from the rego. You choose agreed or market value and tell us where it’s kept and how it’s used. The house and the everyday car can go on the same application. See also supercar insurance and luxury car insurance.
Porsche insurance FAQs
How much is insurance for a Porsche 911?
It depends on the car, its value, where it’s kept, how it’s used and who drives it. In a test quote through our form in September 2026, a 2022 911 Targa 4 at a $250,000 agreed value, garaged in Melbourne’s east, used privately and under 10,000 km a year, with a 48-year-old driver with a clean record, was priced at $3,663.33 a year including GST and stamp duty, with a $2,500 excess.
Which insurers cover a Porsche?
On our panel, mainstream insurers quote online up to $150,000, and the prestige specialist is asked from $100,000, for any car 25 years or older and for modified cars. A Porsche valued between $100,000 and $150,000 can get prices from both.
Is paint protection film covered?
Under the prestige wording we read, paint protection film and ceramic coating are covered up to $10,000 or their replacement value, whichever is less. The mainstream wordings don’t mention them, so declare them as accessories.
Will a Porsche be repaired with genuine parts?
The wordings differ. One mainstream wording uses genuine parts only while the car is under its standard new-car warranty. The prestige wording uses new parts or parts consistent with the car’s age and condition, includes your choice of repairer, and pays up to $5,000 to air-freight parts.
Why was my Porsche quote referred?
Some quotes go to an underwriter before a price is given. In our test runs, a 911 Targa 4S driven to work, 10,000 to 15,000 km a year, came back referred for a vehicle review, and quoting the same car twice was referred for a policy review. A broker follows a referral up with the underwriter.
Is Luxury Cover connected to Porsche?
No. Porsche is a trademark of its owner, used here only to describe the cars we arrange insurance for. We’re an independent broker.
Is this personal advice?
No. It’s general information about insuring a Porsche, and it doesn’t consider your objectives, financial situation or needs. Read the PDS before you decide.
Reviewed by Andre Lang on 20 October 2026.
Andre Lang is an Authorised Representative (AR No. 1323803) of Australian Broker Network Pty Ltd (AFSL 253131), and a director of Lang Broking Co Pty Ltd (Corporate Authorised Representative No. 1323797), which trades as Luxury Cover.
Luxury Cover arranges insurance as a broker and isn’t affiliated with Porsche. The policies are issued by the insurers, and what they cover depends on the policy you choose. Quotes described on this page were test quotes run through our own form; your price depends on your car, your answers and the insurer. General information only.