Estimates, not quotes

BMW M2 vs Porsche Taycan Insurance Cost

The BMW M2 is cheaper to insure by about $35 a year for full coverage by our estimate ($2,260 vs. $2,295), and cheaper in 48 of 51 states.

These are estimates, not quotes. Figures are modeled from public data (NAIC, Census, FEMA, IIHS/HLDI) for comparison only. Your actual premium depends on your insurer, driving history, vehicle and coverage choices. We are not an insurance company or agency. How we estimate

Side-by-side insurance estimate

CoverageBMW M2Porsche TaycanDifference
State minimum$540$550−$10
Standard (100/300/100)$785$800−$15
Full coverage$2,260$2,295−$35

National average base rates, driver in their 30s with a clean record, latest model year of each car. Difference = M2 minus Taycan.

Why one costs more to insure

FactorBMW M2Porsche Taycan
SegmentLuxury sports carLuxury sports car
PowertrainsGasolineElectric
HLDI collision (100 = avg)248236
HLDI comprehensive154212
HLDI property damage liability7583
HLDI bodily injury liability—73
NHTSA overall rating——
NICB most-stolen rankNot in top 10Not in top 10
Recalls (latest 3 model years)08

Collision losses are the biggest swing factor: the BMW M2 has 12 points higher relative collision losses, meaning its crash repairs cost insurers more on average. Comprehensive losses (theft, weather, glass) also favor the BMW M2.

M2 vs Taycan insurance by state

StateM2TaycanDifference
Alabama$2,065$2,100−$35
Alaska$2,035$2,045−$10
Arizona$2,315$2,370−$55
Arkansas$2,140$2,190−$50
California$2,385$2,355+$30
Colorado$2,545$2,670−$125
Connecticut$2,325$2,330−$5
Delaware$2,320$2,345−$25
District of Columbia$2,940$2,955−$15
Florida$2,855$2,895−$40
Georgia$2,595$2,630−$35
Hawaii$1,670$1,655+$15
Idaho$1,560$1,585−$25
Illinois$2,025$2,055−$30
Indiana$1,665$1,690−$25
Iowa$1,640$1,720−$80
Kansas$1,890$1,985−$95
Kentucky$1,865$1,905−$40
Louisiana$3,050$3,115−$65
Maine$1,510$1,530−$20
Maryland$2,490$2,510−$20
Massachusetts$2,280$2,280—
Michigan$2,545$2,560−$15
Minnesota$1,935$2,015−$80
Mississippi$2,225$2,290−$65
Missouri$2,085$2,160−$75
Montana$1,895$1,995−$100
Nebraska$1,900$1,990−$90
Nevada$2,330$2,335−$5
New Hampshire$1,695$1,700−$5
New Jersey$2,535$2,540−$5
New Mexico$2,065$2,110−$45
New York$2,850$2,880−$30
North Carolina$1,850$1,870−$20
North Dakota$1,595$1,675−$80
Ohio$1,675$1,705−$30
Oklahoma$2,130$2,210−$80
Oregon$1,895$1,920−$25
Pennsylvania$2,090$2,120−$30
Rhode Island$2,625$2,630−$5
South Carolina$2,250$2,305−$55
South Dakota$1,865$2,015−$150
Tennessee$1,985$2,015−$30
Texas$2,730$2,825−$95
Utah$1,945$1,960−$15
Vermont$1,620$1,640−$20
Virginia$1,955$1,985−$30
Washington$1,880$1,895−$15
West Virginia$1,985$2,050−$65
Wisconsin$1,595$1,650−$55
Wyoming$1,920$2,060−$140

By driver profile (full coverage)

DriverM2Taycan
Teen driver (18, own policy)$6,215$6,310
Young adult (22)$3,615$3,670
Adult in their 30s$2,260$2,295
Adult in their 50s$2,080$2,110
Senior (72)$2,530$2,570
30s, one at-fault accident$3,275$3,325
30s, DUI on record$4,180$4,245

More comparisons

Frequently asked questions

Is the BMW M2 or the Porsche Taycan cheaper to insure?

By our estimate the BMW M2 is cheaper, by about $35 a year for full coverage ($2,260 vs. $2,295) for a driver in their 30s with a clean record.

Why does insurance cost differ between the BMW M2 and Porsche Taycan?

Mostly because of insurance-loss history: HLDI collision indices of 248 vs. 236 and comprehensive indices of 154 vs. 212 (100 = average), plus repair costs, theft rates and segment.

How we estimate this

We start from the state's average liability, collision and comprehensive premiums published by the NAIC, then apply a location factor (population density and commute time from the Census ACS, weather hazard scores from FEMA's National Risk Index), a vehicle factor (HLDI insurance-loss data where available, otherwise vehicle segment), and a driver-profile multiplier. Results are rounded ranges for comparison, not quotes. Read the full methodology.

Sources used on this page