2008 Porsche Cayenne Car Insurance Rates – 9 Ways to Save

Want the cheapest auto insurance rates for your Porsche Cayenne? Cutting costs on auto insurance can be difficult for consumers new to comparing rates online. There are so many companies to choose from that it can be a challenge to find the best price.

Discounts mean cheaper 2008 Porsche Cayenne insurance rates

Companies offering auto insurance don’t always list every discount in a way that’s easy to find, so we researched some of the more common and the harder-to-find savings tricks you should be using.

  • Drive Less and Save – Driving fewer miles can earn discounted rates on garaged vehicles.
  • Drivers Ed for Students – Require your teen driver to take driver’s ed class in school.
  • Homeowners Pay Less – Owning a house may earn you a small savings because maintaining a house shows financial diligence.
  • Save over 55 – Older drivers may qualify for reduced rates on Cayenne insurance.
  • Multi-car Discount – Insuring more than one vehicle with the same company could earn a price break for each car.
  • Distant Student – Children who are attending college and don’t have a car may qualify for this discount.
  • Accident Free – Drivers with accident-free driving histories can save substantially compared to bad drivers.
  • One Accident Forgiven – Some insurance companies will forgive one accident before raising your premiums so long as you haven’t had any claims for a set time period.
  • Passive Restraints and Air Bags – Vehicles with factory air bags or motorized seat belts may earn rate discounts of up to 25% or more.

It’s important to understand that some of the credits will not apply the the whole policy. Most only cut specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like it’s possible to get free car insurance, you won’t be that lucky.

Companies that possibly offer these discounts are:

It’s a good idea to ask all companies you are considering which discounts they offer. Some discounts may not be available in your area.

Finding Insurance Deals

There are several ways of comparing rates and find the best price. The best way to find competitive 2008 Porsche Cayenne insurance rates is simply to get online rate quotes. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  • The most efficient way to compare a lot of rates at once is to use a rate comparison form click to view form in new window. This type of form saves time by eliminating separate quote forms for each company. Filling out one form will get you price quotes from multiple companies. It’s definitely the quickest method.
  • Another way to get comparison quotes requires a visit to each company website and complete a new quote form. For example, we’ll assume you want to compare rates from Progressive, 21st Century and Farmers. To get rate quotes you would need to visit each site to input your insurance information, which is why the first method is quicker.

    For a list of links to insurance companies in your area, click here.

It’s your choice how you get your quotes, but compare the exact same information for each comparison quote. If you enter different liability limits then you won’t be able to determine the lowest rate for your Porsche Cayenne. Slightly different coverages can result in a big premium difference. And when price shopping your coverage, comparing a large number of companies will improve the odds of getting the best rates.

Tailor your coverage to you

When it comes to buying adequate coverage for your vehicles, there isn’t really a cookie cutter policy. Every insured’s situation is different.

These are some specific questions might help in determining if your insurance needs could use an agent’s help.

  • How high should my medical payments coverage be?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • What if I don’t agree with a claim settlement offer?
  • Does having multiple vehicles earn me a discount?
  • Do I have coverage for damage caused while driving under the influence?
  • How much liability coverage do I need in my state?
  • I have a DUI can I still get coverage?
  • Am I covered when driving on a suspended license?
  • Is my nanny covered when driving my vehicle?
  • Do I need roadside assistance coverage?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form.

Switch companies and save? Really?

State Farm, Allstate and GEICO constantly bombard you with ads on television and other media. All the companies have a common claim that you can save if you switch to them. How can each company make the same claim?

All companies are able to cherry pick for the driver that earns them a profit. For example, a profitable customer could be between the ages of 40 and 55, is a homeowner, and drives newer vehicles. A driver who fits that profile is entitled to the best price and is almost guaranteed to cut their rates substantially.

Potential insureds who do not match the requirements will have to pay higher rates which usually ends up with business going elsewhere. The ads say “customers that switch” but not “drivers who get quotes” save that kind of money. That’s why insurance companies can advertise the way they do. Because of the profiling, you absolutely need to get a wide range of price quotes. Because you never know the company that will give you the biggest savings on Porsche Cayenne insurance.

Car insurance coverages for a Porsche Cayenne

Knowing the specifics of a car insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Liability coverage – Liability insurance will cover damage that occurs to other people or property by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 that translate to a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability can pay for things like repair costs for stationary objects, repair bills for other people’s vehicles, funeral expenses and structural damage. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.

Medical costs insurance – Med pay and PIP coverage pay for immediate expenses for things like doctor visits, dental work, EMT expenses, ambulance fees and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Collision coverage – This coverage pays for damage to your Cayenne from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like crashing into a ditch, rolling your car, colliding with a tree and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to bring the cost down.

Comprehensive or Other Than Collision – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as rock chips in glass, hitting a bird, damage from flooding, vandalism and theft. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

UM/UIM Coverage – This gives you protection from other drivers when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Porsche Cayenne.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Shop smart and save

We’ve covered many ways to reduce 2008 Porsche Cayenne insurance prices online. The key thing to remember is the more quotes you get, the better your comparison will be. You may even find the best price on auto insurance is with a company that doesn’t do a lot of advertising.

Low-cost insurance is attainable both online and also from your neighborhood agents, and you need to price shop both to have the best chance of lowering rates. Some insurance providers may not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

When shopping online for auto insurance, it’s very important that you do not reduce coverage to reduce premium. There are a lot of situations where drivers have reduced liability limits or collision coverage only to discover later that they should have had better coverage. Your strategy should be to buy a smart amount of coverage at the best price while not skimping on critical coverages.

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