A Porsche Taycan, which has a Manufacturer Suggested Retail Price (MSRP) from $190,400, is classified as a luxury electric vehicle. You'll need to request quotes from prestige and enthusiast car insurers that specialise in covering high-value models.
The amount you pay will depend on dozens of factors, but mainly, your driving record and annual kilometres travelled, as well as the actual purchase price of your Porsche Taycan, will be deciding variables.
Insurers are essentially risk analysts, using facts and data from historic claims to calculate insurance premiums.
Arriving in Australia in December 2020, the Taycan represents Porsche's first production electric car. The Taycan name is actually of Turkic origin, "Tay" meaning a spirited young horse (a clever nod to the horse on the German brand's crest) and "can", which translates to soul. When combined, the meaning is "soul of spirited young horse", which accurately conveys the electric sports car's dynamic power and performance. Porsche uses a similar naming structure with its compact SUV, the Macan, which we've driven.
With the entry-model 4S accelerating from 0-100kmh in 4.0 seconds and the range-topping Taycan Turbo S making the same sprint in just 2.8 seconds, the name seems apt. Power varies from 390kW on the 4S, all the way to a dramatic 560kW for the Turbo S!
In addition to blistering performance, Porsche's electric car will travel up to 365km with a performance battery, or up to 420km, depending on the model you purchase. According to some sources, the Taycan project is the most costly Porsche has ever worked on, requiring billions in investment and a new assembly line constructing at their headquarters. Another thing that sets the Taycan apart from its rivals is the stunning interior, featuring crisp OLED displays and the option of semi-recycled synthetic leather. Porsche took a different approach to its competitors when it installed a two-speed transmission, which lowers high-speed power consumption when compared with the segment-norm single-speed drivetrain.
Check out our electric vehicles reviews and EV ownership guide to learn more.