Looking for the cheapest auto insurance rates for your Porsche Boxster? Tired of being strong-armed to buy car insurance? You’re in the same situation as most other car owners. Online insurance companies like Allstate, Progressive and GEICO increase brand awareness with TV and radio ads and it is challenging if not impossible to not get sucked in by the cute commercials and find the best price available.
Companies don’t always publicize every available discount in an easy-to-find place, so the following is a list of both well-publicized as well as the least known savings tricks you should be using. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.
Keep in mind that most of the big mark downs will not be given to the overall cost of the policy. Most only cut the cost of specific coverages such as medical payments or collision. So even though it sounds like all those discounts means the company will pay you, you’re out of luck.
Insurance companies that possibly offer these money-saving discounts may include but are not limited to:
It’s a good idea to ask every prospective company how you can save money. Some discounts may not apply in your area.
An important part of buying insurance is that you know the rating factors that help determine your insurance coverage rates. Understanding what influences your rates allows you to make educated decisions that will entitle you to lower insurance coverage prices.
When it comes to choosing the right insurance coverage, there is no perfect coverage plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions may help highlight whether you might need professional guidance.
If you can’t answer these questions but one or more may apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area. It’s fast, free and can help protect your family.
Consumers get pounded daily by advertisements that promise big savings from companies such as Progressive, GEICO, Allstate and State Farm. All the companies make the same claim that you can save if you change your policy.
But how can every company make the same claim?
All the different companies are able to cherry pick for the right customer they prefer to insure. An example of a desirable insured might be between the ages of 30 and 50, owns a home, and drives less than 10,000 miles a year. A driver who fits that profile gets the lowest rates and most likely will cut their rates substantially.
Potential customers who do not match the “perfect” profile will be quoted a more expensive rate which leads to business going elsewhere. Company advertisements say “customers that switch” not “everybody who quotes” save money. This is how insurance companies can make those claims. This emphasizes why it is so important to compare as many rates as you can. You cannot predict which company will give you the biggest savings on Porsche Boxster insurance.
Learning about specific coverages of your policy aids in choosing the best coverages and the correct deductibles and limits. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages available from car insurance companies.
Collision coverage protection
This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things such as crashing into a building, hitting a mailbox, crashing into a ditch and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.
This coverage will cover damage that occurs to people or other property in an accident. It protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 that translate to a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.
Liability coverage protects against things like pain and suffering, bail bonds, emergency aid and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.
This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.
Comprehensive can pay for claims such as hitting a deer, rock chips in glass, a tree branch falling on your vehicle, vandalism and theft. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.
Uninsured/Underinsured Motorist (UM/UIM)
This coverage gives you protection when the “other guys” do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Porsche Boxster.
Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.
Med pay and Personal Injury Protection (PIP)
Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as hospital visits, X-ray expenses and EMT expenses. They can be used in conjunction with a health insurance policy or if you do not have health coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible
In this article, we covered a lot of techniques to shop for 1997 Porsche Boxster insurance online. The key thing to remember is the more rate comparisons you have, the better likelihood of reducing your rate. You may even find the biggest savings come from some of the smallest insurance companies. These smaller insurers may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm and Allstate.
When shopping online for insurance, it’s a bad idea to buy less coverage just to save a little money. In many instances, consumers will sacrifice uninsured motorist or liability limits to discover at claim time that they should have had better coverage. Your strategy should be to purchase plenty of coverage at an affordable rate.
Additional insurance information is located below: