Cheaper 2016 Porsche 911 Car Insurance Rates

Searching for the cheapest insurance rates for your Porsche 911? Tired of scraping the payment together to pay your car insurance bill each month? You are in the same boat as many other consumers. With so many insurance companies to choose from, it is hard for the average consumer to pick the lowest price provider.

Shopping for affordable coverage is easy if you know what you’re doing. If you have a policy now or are shopping for new coverage, you can use this information to find the best rates while maximizing coverage. Vehicle owners just need to know the proper way to compare rates on the web.

Compare Auto Insurance Costs

Effectively comparing auto insurance prices can take hours if you don’t know the easiest way. You can spend countless hours talking about coverages with insurance agencies in your area, or you can stay home and use the internet for quick rates.

Most car insurance companies enroll in a system that allows shoppers to only type in their quote data once, and at least one company can provide price quotes based on that data. This eliminates the need for quote requests for each company.

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The single downside to comparing rates this way is buyers cannot specifically choose the insurers you want to price. So if you want to select individual companies to receive pricing from, we have a listing of auto insurance companies in your area. View list of insurance companies.

Whichever method you choose, make darn sure you compare the exact same coverage limits for every company. If each company quotes differing limits you will not be able to find the best deal for your Porsche 911.

These factors can influence Porsche 911 insurance rates

It’s important that you understand the rating factors that play a part in calculating your insurance rates. Understanding what controls the rates you pay allows you to make educated decisions that could result in big savings.

  • Adjust deductibles and save – Your deductibles represent how much money you are required to spend out-of-pocket before your insurance pays a claim. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Examples of covered claims could be colliding with a building, vandalism, and burglary. The more expense you’re willing to pay, the bigger discount you will receive for 911 coverage.
  • No coverage gaps is important – Allowing your insurance policy to lapse is a fast way to trigger a rate increase. And not only will insurance be more expensive, failure to provide proof of insurance can result in a revoked license or a big fine.
  • Being married is a good thing – Being married can actually save you money on insurance. It translates into being more responsible and statistics show married couples file fewer claims.
  • Your location affects your rates – Living in a small town has it’s advantages when buying insurance. Less people living in that area means a lower chance of having an accident and also fewer theft and vandalism claims. Urban drivers tend to have congested traffic and longer commutes to work. Longer commute distances means more change of being in an accident.
  • Where do you drive? – The higher the mileage driven every year the higher your rates will be. Most insurance companies charge to insure your cars based on their usage. Vehicles used primarily for pleasure use qualify for better rates than those used for commuting. If your policy improperly rates your 911 can result in significantly higher rates. Double check that your insurance declarations sheet properly reflects the correct usage for each vehicle.
  • Don’t sacrifice liability coverage – The liability section of your policy is the coverage that protects you in the event that a court rules you are at fault for damages from an accident. It provides you with a defense in court which can cost thousands of dollars. Liability is cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Lower rates with optional equipment – Owning a car with a theft deterrent system can save you a little every year. Theft prevention devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent your car from being stolen.
  • Clean credit earns discounts – Having a bad credit rating is a huge factor in your rate calculation. Drivers who have high credit ratings tend to be better drivers and file fewer claims than those with poor credit. So if your credit can use some improvement, you could save money insuring your 2016 Porsche 911 by improving your credit score.

Lots of discounts mean lots of savings

Properly insuring your vehicles can get expensive, but discounts can save money and there are some available that can drop the cost substantially. Certain discounts will be triggered automatically at the time of purchase, but some may not be applied and must be requested specifically in order for you to get them. If you don’t get every credit available, you are paying more than you should be.

  • Student Driver Training – Cut your cost by having your teen driver complete a driver education course in school.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems help deter theft and qualify for as much as a 10% discount.
  • Driver Safety – Completing a defensive driving course can save you 5% or more if your company offers it.
  • Use Seat Belts – Requiring all passengers to wear their seat belts could save 15% off the personal injury premium cost.
  • Lower Rates for Military – Having a deployed family member could mean lower rates.
  • Paperwork-free – A few companies give back up to $50 just for signing your application digitally online.
  • No Charge for an Accident – A few companies will forgive one accident before hitting you with a surcharge as long as you don’t have any claims for a set time period.
  • Good Students Pay Less – Getting good grades can be rewarded with saving of up to 25%. The discount lasts up until you turn 25.
  • Payment Discounts – If you pay your bill all at once instead of paying each month you may reduce your total bill.

Drivers should understand that many deductions do not apply to the entire cost. A few only apply to specific coverage prices like liability, collision or medical payments. So when it seems like adding up those discounts means a free policy, companies don’t profit that way. But all discounts will reduce the amount you have to pay.

Car insurance companies that may offer some of the above discounts include:

Before buying, ask all companies you are considering what discounts are available to you. Some discounts might not be offered in your area.

Situations that might require an agent

When it comes to choosing proper insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Every situation is different and a cookie cutter policy won’t apply. For example, these questions may help highlight whether your personal situation might need an agent’s assistance.

  • When would I need rental car insurance?
  • Should I carry comprehensive and collision coverage?
  • When do I need to add a new car to my policy?
  • Who is covered when they drive my 2016 Porsche 911?
  • When would I need additional glass coverage?
  • Am I insured when driving a different vehicle?
  • Does my medical payments coverage pay my health insurance deductible?
  • When should I not file a claim?
  • I have a DUI can I still get coverage?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance coverage companies in your area. It’s fast, free and may give you better protection.

Educate yourself about insurance coverages

Having a good grasp of your insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Shown next are typical coverage types found on the average insurance policy.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like falling objects, hail damage and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability coverages

Liability insurance protects you from damages or injuries you inflict on other’s property or people. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 which stand for a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as legal defense fees, bail bonds, medical services, repair costs for stationary objects and structural damage. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Porsche 911.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like doctor visits, X-ray expenses, hospital visits, chiropractic care and rehabilitation expenses. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Collision coverage

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as scraping a guard rail, crashing into a building, backing into a parked car, sideswiping another vehicle and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also choose a higher deductible to save money on collision insurance.

A penny earned…

You just read a lot of information how to shop for 2016 Porsche 911 insurance online. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding lower rates. You may even find the most savings is with the least-expected company. They may often insure only within specific states and give getter rates as compared to the big name companies such as State Farm or Progressive.

While you’re price shopping online, it’s not a good idea to buy lower coverage limits just to save a few bucks. There have been many cases where someone sacrificed full coverage and learned later that it was a big mistake. Your goal should be to get the best coverage possible at the best price while not skimping on critical coverages.

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