1997 Porsche Boxster Insurance Cost

Searching for better insurance rates for your Porsche Boxster? Locating better insurance prices for a new or used Porsche Boxster can be a painful process, but you can learn a few tricks to find lower rates.

There are both good and bad ways to find insurance online so you’re going to learn the best way to get price quotes for a new or used Porsche and locate the cheapest rates either online or from local insurance agents.

It’s a great practice to compare premium rates before your next renewal since prices are rarely the same from one policy term to another. Despite the fact that you may have had the best rate on Boxster insurance a couple years back there may be better deals available now. There is a lot of bad information regarding insurance on the internet, but we’re going to give you some guaranteed methods to reduce your insurance bill.

Shopping for the best auto insurance can be fairly easy. If you have insurance now or are just looking to switch companies, you can use this information to reduce the price you pay while maintaining coverages. Vehicle owners just need to learn how to buy auto insurance online.

Do you qualify for discount insurance coverage?

Buying insurance coverage is not cheap, but you can get discounts that could help you make your next renewal payment. Many discounts should be triggered when you quote, but once in a while a discount must be specifically requested before you get the savings.

  • New Vehicle Savings – Buying a new car model can cost up to 25% less due to better safety requirements for new vehicles.
  • Passenger Safety Discount – Vehicles with factory air bags may earn rate discounts up to 30%.
  • Anti-theft System – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and will qualify for a discount on a insurance coverage quote.
  • Defensive Driver Discount – Completing a safe driver course can save you 5% or more and easily pay for the cost of the class.
  • Anti-lock Brake Discount – Cars, trucks, and SUVs with anti-lock braking systems can reduce accidents so companies give up to a 10% discount.
  • Multiple Cars – Purchasing coverage when you have more than one vehicle with the same insurance coverage company can get a discount on all vehicles.
  • Driver’s Ed – Require your teen driver to enroll and complete driver’s education in high school.

We need to note that some credits don’t apply to all coverage premiums. Most cut the price of certain insurance coverages like comp or med pay. If you do the math and it seems like all the discounts add up to a free policy, it’s just not the way it works.

Auto insurance companies that may have many of the previously listed discounts are:

It’s a good idea to ask each insurance company which discounts they offer. Some credits may not apply everywhere. To locate companies that offer some of these discounts, click here to view.

The Porsche Boxster insurance cost equation

Smart consumers have a good feel for the rating factors that come into play when calculating your policy premiums. When you understand what influences your rates, this allows you to make educated decisions that could help you find much lower annual insurance costs. Lots of things are used when you get your auto insurance bill. A few of the factors are predictable like an MVR report, but others are more obscure such as your credit history or how financially stable you are.

  • Women tend to cost less – Over the last 30 years, statistics show that females take fewer risks when driving. That doesn’t necessarily mean that men are WORSE drivers than women. Males and females get in auto accidents at about the same rate, but the men cause more damage. Men also statistically receive more costly citations like DWI (DUI) or reckless driving.
  • Improve your credit score and save – An insured’s credit score can be an important factor in determining what you pay. Therefore, if your credit score leaves room for improvement, you could pay less to insure your 1997 Porsche Boxster by improving your credit score. Insureds that have excellent credit scores tend to be more responsible than those with poor credit.
  • Raising physical damage deductibles lowers costs – Physical damage deductibles define the amount you are required to pay in the event of a claim. Insurance for physical damage, also called comprehensive and collision insurance, protects your car from damage. Some examples of claims that would be covered are colliding with a stationary object, vandalism, and damage from wind. The larger the amount you have to pay, the less your insurance will be on Boxster insurance.
  • Big cities have higher costs – Having an address in less populated areas may provide you with better prices if you are looking for the lowest rates. Fewer drivers and short commutes means a lower chance of having an accident and also fewer theft and vandalism claims. Drivers who live in large cities regularly have traffic congestion and longer commutes to work. More time behind the wheel means higher likelihood of an accident.

What insurance coverages do I need?

When buying the right insurance coverage for your personal vehicles, there really is no one size fits all plan. Each situation is unique.

For example, these questions could help you determine whether your personal situation might need professional guidance.

  • How do I insure my teen driver?
  • Are my tools covered if they get stolen from my vehicle?
  • Do I need more liability coverage?
  • Do I have coverage when pulling a U-Haul trailer?
  • What is the minimum liability in my state?
  • Is my Porsche Boxster covered if I use it for business?
  • Can I still get insurance after a DUI?
  • What is UM/UIM insurance?
  • Do I need rental car coverage?
  • How do I buy GAP insurance?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and can help protect your family.

Coverage specifics

Having a good grasp of auto insurance aids in choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy.

Comprehensive insurance – Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as fire damage, hitting a deer, theft and falling objects. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverage – This pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like driving through your garage door, sustaining damage from a pot hole, hitting a parking meter, crashing into a building and sideswiping another vehicle. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM) – This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

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. For this reason, having high UM/UIM coverages is very important. Normally these coverages do not exceed the liability coverage limits.

Liability auto insurance – This coverage provides protection from damage that occurs to people or other property that is your fault. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability can pay for things like medical services, pain and suffering and structural damage. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage pay for bills for things like doctor visits, ambulance fees, hospital visits and pain medications. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Knowledge is power

People switch companies for a number of reasons such as policy cancellation, not issuing a premium refund, delays in paying claims or even poor customer service. It doesn’t matter why you want to switch finding a great new company is pretty simple and you could end up saving a buck or two.

As you go through the steps to switch your coverage, it’s not a good idea to skimp on coverage in order to save money. There have been many situations where someone dropped uninsured motorist or liability limits only to regret that the small savings ended up costing them much more. The ultimate goal is to get the best coverage possible for the lowest cost but still have enough coverage for asset protection.

Cheaper 1997 Porsche Boxster insurance is possible from both online companies and with local insurance agents, and you should compare rates from both to have the best chance of lowering rates. Some insurance providers do not offer online quoting and usually these smaller companies only sell coverage through local independent agents.

More detailed insurance coverage information is available at these sites: