Porsche’s Latest Product Is Insurance And It Comes With Some Interesting Benefits

Porsche offers a dizzying array of vehicles and variants – including 24 versions of the 911 – but their latest offering is something a tad more unusual.

Thanks to a partnership between Porsche Financial Services and Mile Auto, the automaker is now offering Porsche Auto Insurance.

Available on 1981 and newer Porsches, the insurance is mileage-based so owners won’t have to shell out a fortune while their car is packed during a long Chicago winter. While prices will vary by customer, the company said costs will be limited to “actual miles driven, plus a low base rate.”


Most mileage-based insurance plans rely on tracking where you go, but Porsche says their policy puts privacy front and center. Instead of relying on “invasive tracking devices or always-on smartphone apps,” Porsche Auto Insurance will only require drivers to take a picture of their odometer and submit the mileage. That sounds relatively simple and ripe for fraud.

Putting the latter aside, Porsche says their insurance policy comes with a number of benefits including a claims concierge and the use of genuine parts for any necessary repairs. The insurance also comes with “agreed value coverage” which means owners won’t have to worry about getting shortchanged if their rare or collectible sports car gets wrecked.

Also Read: These Are 2019’s Cheapest And Most Expensive Cars To Insure

The plan also includes diminished value coverage which covers the lost value of a car after an accident. Policy holders will also receive a rental reimbursement of up $125 per day while their car in the shop for repairs after a crash.

Porsche Auto Insurance is only available in Illinois and Oregon, but the company says it will be offered in additional states in the future.

  • Bo Hanan

    This version of the 911 looks to much like the Cayenne. The front and rear clips are very heavy and don’t have a feminine look to them like previous generations.

    • SteersUright

      agreed. LOVE the wider fenders. Everything else when too corporate family look for me.

Nanny No More: Simple Hack Lets You Do Donuts In A Tesla Model S

A bug in Tesla’s sofware lets owners disable stability control and regenerative braking, but without the electronic safety net, they’re out there on their own.

2017 Ford GT Comes With An Eye-Watering $1.3 Million Price Tag

Ford GTs are slowly entering the used car market after their two-year no-sale contracts are starting to expire.

2020 Toyota Granvia MPV Gets AUD $62,990 Starting Price

With space for the whole family, the Granvia will launch in Australia on October 14 in six- and eight-seat versions.

Jeep Cherokee Gets T-Boned After Running Through Red Light

According to the police, the driver of the Jeep was distracted and didn’t notice the red light; thankfully, no one was seriously hurt.

EPA Revokes California’s Emissions Waiver, Launches “One National Program Rule”

States will now longer be able to set their own fuel economy and emission standards.

One-Off Toyota Century Convertible Is Fit For An Emperor

The Century Convertible will make its debut at the coronation ceremony for Emperor Naruhito on October 22nd.

VW Updates Car-Net App Offering Remote Start, Other Connected Features

VW’s new smartphone application is available for free for five years with each new vehicle and will be updated to communicate with smart home devices.

Mysterious Lamborghini Prototype Spied, Could Be The Huracan Performante Evo

Huracan Performante Evo is expected to have a new touchscreen infotainment system and an upgraded V10 engine.

Next-Gen Mercedes-AMG GT Could Be A Hybrid With All-Wheel Drive

Thanks to an EQ Boost starter-alternator, higher end versions of the next-generation GT could have 650+ hp.

2020 Jaguar E-Pace U.S. Lineup Welcomes $46,400 Checkered Flag Edition

For the 2020MY, the E-Pace also gets Apple CarPlay and Android Auto across the range as standard.