Porsche Taycan insurance for a driver with a Certificate of Merit

In short

On 12 Nov 2026, the cheapest comprehensive car insurance for a Porsche Taycan driven by a driver with a Certificate of Merit is S$4,961.63 a year (GST included) at Singlife, Motor Lite; it is the only insurer that quotes this driver online.

Compare every insurer we price for a Porsche Taycan on one page: https://shentonbrokers.com/prices/car/porsche-taycan

Buy at these prices through Shenton Insurance Brokers: https://shentonbrokers.com/car-insurance-quotes/porsche-taycan/age-45-certificate-of-merit

Car insurance promotions today: HL Assurance, 25% off; Etiqa, 20% off, new customers only. Prices shown include discounts from featured insurers; other insurers are shown at full price with no discount.

• 1 insurer quotes this driver online; 15 do not.
• That is 4% less than what a 40-year-old with a 50% NCD and no claims pays for the same car (S$5,180.08).

Why this driver pays this

• The Traffic Police's Certificate of Merit, for three years without a traffic offence, earns a small discount at some insurers. On this car the lowest price is about the same as what the same driver without one pays (S$4,961.63).
• The Porsche Taycan is electric: repairs and parts cost more at some insurers, so they price electric cars higher than petrol cars of the same size.
• 15 insurers do not quote this driver online on this car: AIG (This insurer has no online price for this car model yet); Allianz (This insurer has no online price for this car model yet); DirectAsia (This insurer has no online price for this car model yet); ECICS (ECICS does not list this model on its online quote); ERGO (This insurer has no online price for this car model yet); Etiqa (This insurer has no online price for this car model yet); Great American (This insurer has no online price for electric cars); Great Eastern (This insurer has no online price for this car model yet); HL Assurance (This insurer has no online price for this car model yet); India International (This insurer has no online price for electric cars); Liberty (This insurer has no online price for this car model yet); MS First Capital (MS First Capital does not quote electric cars online); QBE (This insurer has no online price for this car model yet); Sompo (This insurer has no online price for this car model yet); UOI (This insurer has no online price for this car model yet).

Price history

Since 2 Nov 2026 the lowest price is unchanged, and Singlife has been cheapest throughout.

The Porsche Taycan

• Priced as a Porsche Taycan 79.2 kWh (electric), registered 3 years ago.
• A fully electric Porsche Taycan needs a Category A COE (S$139,001 in the November 2026, 1st round) if its motor is 110kW (147bhp) or less, and a Category B COE (S$132,334 in the November 2026, 1st round) if it is more powerful.
• For a driver with a Certificate of Merit, the Porsche Taycan is the 994th cheapest of 995 car models to insure. Among 146 electric cars it is 146th cheapest, 6.2 times the middle price of S$806.13.
• Porsche Taycan review: list price, COE, road tax and insurance.

How these prices are worked out

Each price is what the insurer charges today for these answers, GST included: from the rates insurers publish or quote on their own sites, checked against their online quotes every week. Shenton Brokers is an insurance broker in Singapore and compares every insurer that quotes this driver online. Budget Direct, FWD, Income, MSIG quote live with your own answers on our results page, so they are not in these figures. The figures for every driver on this car are in a CSV file, updated daily.