Lower Your 1994 Porsche 911 Car Insurance Quotes

Saving money on Driversauto insurance is slightly frustrating for people who are new to shopping for insurance online. Consumers have so many agents and companies to choose from that it can be a real difficult job to find the best premium rates.

Buy car insurance online

There are a lot of ways you can shop for car insurance and some are less labor-intensive and much quicker. You could spend your day driving to insurance agencies in your area, or you can stay home and use the web to maximize your effort.

Many companies take part in a program that enables customers to only type in their quote data once, and every company then returns a price quote based on the submitted data. This saves time by eliminating form submissions to each company. To submit your quote information now, click here to open in new window.

One minor caviat to using this type of form is you don’t know exactly which companies you want pricing from. So if you want to select specific insurance companies to request quotes from, we put together a list of companies who write car insurance in your area. Click to view list.

Whichever method you choose, ensure you’re using the same quote information for each price quote. If you use mixed coverages it will be impossible to decipher which rate is best. Even a minor difference in insurance coverages or limits may result in large price differences. It’s important to know that comparing a large number of companies helps locate a better price.

More discounts mean affordable premiums

Car insurance can cost a lot, but you may qualify for discounts that can dramatically reduce your bill. Most are applied when you purchase, but some must be requested specifically before being credited.

  • Telematics Data Discounts – Drivers that enable data collection to monitor driving habits by using a telematic data system such as State Farm’s In-Drive could save a few bucks if they show good driving skills.
  • Seat Belts Save – Drivers who always wear seat belts and also require passengers to fasten their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Safety Course Discount – Taking time to complete a class that teaches driver safety techniques could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education in school.
  • Paperless Signup – A few insurance companies may give you up to $50 for buying a policy and signing up online.
  • Student Discounts – Maintaining excellent grades may save as much as 25% on a insurance coverage quote. You can use this discount normally up to age 25.
  • Early Signing – Some companies provide a discount for switching companies before your current coverage expires. You can save around 10% with this discount.
  • Waiver for an Accident – This one is not really a discount per se, but a few companies such as Allstate, Progressive, and Geico allow you one accident before raising your premiums with the catch being you have to be claim-free before the accident.
  • Senior Citizen Rates – Drivers over the age of 55 may qualify for a slight reduction on a insurance coverage quote on 911 coverage.
  • Discount for Passive Restraints – Cars that have air bags or motorized seat belts may qualify for discounts of 20 to 30 percent.

As is typical with insurance, most discounts do not apply to the entire policy premium. Some only reduce specific coverage prices like comp or med pay. If you do the math and it seems like all those discounts means the company will pay you, you won’t be that lucky. But any discount will help lower the premium cost.

A list of insurance companies and their offered discounts can be found below.

  • Farmers Insurance offers premium reductions for youthful driver, switch companies, pay in full, bundle discounts, teen driver, early shopping, and business and professional.
  • State Farm has discounts for multiple policy, good student, Steer Clear safe driver discount, safe vehicle, student away at school, and good driver.
  • Liberty Mutual has savings for exclusive group savings, hybrid vehicle, teen driver discount, newly married, and preferred payment discount.
  • MetLife may include discounts for defensive driver, good student, good driver, accident-free, and claim-free.
  • Progressive discounts include online quote discount, good student, online signing, multi-policy, continuous coverage, multi-vehicle, and homeowner.

If you are trying to find the cheapest insurance coverage quotes, ask each insurance company how many discounts you can get. A few discounts might not be offered in your state. To see a list of insurance companies who offer online insurance quotes, click this link.

Choices you make can impact your insurance rates

Consumers need to have an understanding of the factors that are used to determine the rates you pay for car insurance. If you have some idea of what impacts premium levels, this enables you to make decisions that can help you get lower rates. Lots of things are considered when pricing auto insurance. Some are pretty understandable like an MVR report, but other criteria are not as apparent like your continuous coverage or your vehicle rating.

Listed below are most of the major factors car insurance companies consider when setting your premiums.

  • Poor credit can mean higher rates – Having a bad credit history can be a huge factor in determining your rates. Drivers with high credit ratings tend to be more responsible and file fewer claims than drivers who have lower credit scores. So if your credit score can use some improvement, you may save money insuring your 1994 Porsche 911 if you clean up your credit.
  • Are males or females drivers cheaper? – The statistics show females are less aggressive when driving. The data does not necessarily mean that women are better drivers. Both genders are in accidents at a similar rate, but guys get into accidents with more damage. Men also receive more costly citations like driving under the influence (DUI).
  • Traffic violations hurt – Drivers who don’t get tickets get better prices as compared to those with violations. Only having one ticket may increase your cost by as much as thirty percent. Drivers who have received careless tickets like reckless driving or DUI may find that they have to to file a SR-22 with their state in order to prevent their license from being revoked.
  • When should you not file a claims? – If you file claims often, you can look forward to higher rates. Car insurance companies give lower rates to insureds who file claims infrequently. Your insurance policy is meant to be used in the event of claims that you cannot pay yourself.
  • Lower rates for married couples – Having a significant other may cut your premiums on your policy. Having a spouse means you’re more financially stable and statistics prove married drivers tend to have fewer serious accidents.
  • High physical damage deductibles cost less – Coverage for physical damage, also called comprehensive and collision insurance, covers damage that occurs to your Porsche. Some examples of claims that would be covered would be a dented fender, flood damage, or theft. Comprehensive and collision coverage deductibles define how much you are willing to pay before a claim is paid by your company. The more damage repair cost you’re willing to pay, the bigger discount you will receive on 911 coverage.

It’s not one size fits all

When it comes to buying the best auto insurance coverage for your vehicles, there really is no best way to insure your cars. Everyone’s situation is a little different.

These are some specific questions may help you determine whether you might need professional guidance.

  • Why am I required to buy high-risk coverage?
  • Am I covered if hit by an uninsured driver?
  • Do I need rental car coverage?
  • Am I covered if I drive in a foreign country?
  • Will filing a claim cost me more?
  • Am I getting all the discounts available?
  • Should I buy additional glass protection?
  • Am I covered if my car is in a flood?

If you’re not sure about those 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, fill out this quick form.

Don’t listen to company ads

Companies like Progressive, Geico, Allstate and State Farm seem to constantly run ads on TV and radio. All the companies make the same claim about saving some big amount after switching your policy. How does each company give you a better price? This is the trick they use.

Insurance providers have a preferred profile for the type of customer that makes them money. An example of this type of insured could be a female over age 40, has a clean driving record, and does not commute to work. Any new insured who meets those qualifications will get a cheap rate quote and will most likely save when they switch companies.

Drivers who do not meet these standards may receive a higher premium which translates to business not being written. The wording the ads use say “customers who switch” not “everybody who quotes” save the amount stated. That is how insurance companies can advertise the way they do. This really drives home the point why you should do a rate comparison at every renewal. Because you cannot predict the company that will be your best fit.

Coverages available on your auto insurance policy

Understanding the coverages of your policy helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Liability

Liability insurance can cover damage or injury you incur to other’s property or people that is your fault. It protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability can pay for claims like repair bills for other people’s vehicles, medical services, loss of income and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but consider buying as large an amount as possible.

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as hail damage, damage from a tornado or hurricane, a tree branch falling on your vehicle and hitting a deer. The most a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverage protection

This coverage pays for damage to your 911 from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like crashing into a ditch, colliding with a tree, driving through your garage door and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Uninsured Motorist or Underinsured Motorist insurance

This protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Porsche 911.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Insurance for medical payments

Med pay and PIP coverage provide coverage for expenses such as nursing services, ambulance fees and doctor visits. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Buy Smart and Save

Drivers who switch companies do it for any number of reasons including policy cancellation, policy non-renewal, being labeled a high risk driver or even denial of a claim. It doesn’t matter why you want to switch choosing a new company can be easy and end up saving you some money.

The cheapest 1994 Porsche 911 insurance can be sourced both online in addition to local insurance agencies, so you need to shop insurance coverage with both to have the best chance of lowering rates. Some companies may not have online price quotes and most of the time these small, regional companies sell through independent agents.

In this article, we covered a lot of tips how to lower your 1994 Porsche 911 insurance car insurance rates. The key concept to understand is the more quotes you get, the higher the chance of saving money. You may be surprised to find that the biggest savings come from a small mutual company.

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