How Much Does 1993 Porsche 928 Insurance Cost?

Having to pay for pricey insurance can dwindle your bank account and make it hard to pay other bills. Performing a rate comparison can be a smart way to reduce premiums and put more money in your pocket.

You have multiple car insurance companies to pick from, and though it is a good thing to have multiple companies, lots of choices makes it harder to find a good deal.

Buying car insurance is not that difficult. Basically, every vehicle owner who is required by state law to have insurance will more than likely be able to save money. But consumers should learn how insurance companies compete online and take advantage of how the system works.

The fastest way that we advise to compare insurance rates in your area utilizes the fact almost all companies actually pay money for the chance to quote your coverage. To start a quote, the only thing you need to do is provide a little information such as driver details, the make and model of your vehicles, whether or not you need a SR-22, and deductibles desired. The data is submitted instantly to insurance companies and they respond with quotes within a short period of time.

Are you qualifying for every discount?

Auto insurance companies don’t necessarily list all available discounts in a way that’s easy to find, so here is a list both the well known in addition to some of the lesser obvious credits available to lower your premiums when you buy auto insurance online. If you are not receiving all the discounts possible, you are paying more than you should be.

Driving Data Discount – Drivers that enable their company to monitor where and when they drive through the use of a telematics system such as Progressive’s Snapshot could possibly reduce rates as long as they are good drivers.
Military Rewards – Having an actively deployed family member could qualify you for better rates.
Early Switch Discount – Select companies give a discount for signing up prior to the expiration date on your current policy. This discount can save up to 10%.
Seat Belt Discounts – Requiring all passengers to buckle up can save up to 10 percent (depending on the company) off PIP or medical payments premium.
Anti-lock Brake System – Anti-lock brake equipped vehicles can reduce accidents and the ABS can save up to 10%.

Remember that most discounts do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like liability and collision coverage. Even though it appears you can get free auto insurance, you’re out of luck.

A partial list of companies who might offer many of the previously listed discounts possibly include:

It’s a good idea to ask each insurance company which discounts you qualify for. Some of the discounts discussed earlier may not be available in your area. For a list of providers who offer online auto insurance quotes, follow this link.

When in doubt talk to an agent

When it comes to buying proper insurance coverage, there isn’t really a best way to insure your cars. Every situation is different so your insurance should reflect that Here are some questions about coverages that might help in determining if you will benefit from professional help.

Am I covered when driving someone else’s vehicle?
Why am I be forced to buy a membership to get insurance from some companies?
Should I buy more coverage than the required minimum liability coverage?
Does my 1993 Porsche 928 qualify for pleasure use?
Can I rate high risk drivers on liability-only vehicles?
Do I pay less for low miles?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.

Learn about car insurance coverages for a 1993 Porsche 928

Learning about specific coverages of car insurance can be of help when determining which coverages you need at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find the usual coverages offered by car insurance companies.

Auto collision coverage

This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as driving through your garage door, damaging your car on a curb and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

UM/UIM Coverage

Your UM/UIM coverage provides protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 1993 Porsche 928.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Medical costs insurance

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like rehabilitation expenses, funeral costs, chiropractic care and EMT expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Coverage for liability

Liability coverage protects you from damage or injury you incur to a person or their property that is your fault. It protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability insurance covers claims like legal defense fees, bail bonds, attorney fees, court costs and loss of income. The amount of liability coverage you purchase is your choice, but buy as high a limit as you can afford.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers 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 protects against things such as fire damage, vandalism, damage from a tornado or hurricane, a broken windshield and hitting a deer. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.