Cheaper 2004 Porsche 911 Insurance Rates

Looking for the cheapest auto insurance rates for your Porsche 911? Finding the cheapest insurance for a new or used Porsche 911 could be an all-consuming task, but you can use our auto insurance buying tips and make it easy.

There is a better way to compare auto insurance rates and we’ll show you the best way to price shop coverage for your Porsche and locate the cheapest rates from local insurance agents and online providers.

It is always a good idea to price shop coverage yearly since prices are usually higher with each renewal. Just because you found the lowest rates on 911 insurance on your last policy the chances are good that you can find a lower premium rate today. Don’t believe everything you read about auto insurance on the web, but I’m going to show you some great ideas on how to stop overpaying for insurance.

How to get free insurance quotes online

Lowering your 2004 Porsche 911 insurance rates isn’t really that difficult. Just invest a little time to compare rate quotes to find out which insurance company has low cost car insurance quotes. Rate comparisons can be done using a couple different methods.

  • The most recommended method to find low rates would be an industry-wide quote request form like this one (opens in new window). This form keeps you from doing separate quotes to each individual insurance company. Taking the time to complete one form gets insurance cost estimates from several companies. This is perfect if you don’t have a lot of time.
  • A different way to compare prices is going to the website for every company you want to comare and repeat the quote process. For instance, let’s say you want to compare rates from Geico, Farmers and Progressive. To do that, you would have to visit each site and enter your policy data, which is why first method is reommended. For a list of companies in your area, click here.

It’s up to you how you get prices quotes, just be sure to compare the same coverage limits and deductibles for every quote you compare. If you use higher or lower deductibles you can’t possibly truly determine the lowest rate.

Save $433 a year. For real?

Consumers constantly see and hear ads that promise big savings for switching by companies like Geico, State Farm and Progressive. All the companies say the same thing that you can save just by switching your insurance coverage to their company.

How is it plausible that every one can cost less than your current company? This is the trick they use.

Insurance companies look for specific characteristics for the driver that will be a good risk. A good example of a profitable risk profile may be over age 30, carries full coverage, and drives less than 5,000 miles a year. Anybody who meets those qualifications will get very good car insurance rates and will also save a lot if they switch.

Potential insureds who do not fit this stringent profile may receive higher prices and ends up with the customer buying from a different company. The wording the ads use say “customers that switch” not “everyone that quotes” save that much money. That is how companies can state the savings.

Because of these techniques, drivers should compare as many free car insurance quotes as you can. Because you cannot predict which company will have the lowest rates.

Insurance cost influencing factors

Many different elements are taken into consideration when you get your auto insurance bill. Some are obvious like your driving record, but other factors are less obvious such as your marital status or your vehicle rating.

  • Bad drivers pay high premiums – Having just one ticket may increase your cost twenty percent or more. Careful drivers have lower premiums as compared to those with violations. People who have serious tickets like DUI, reckless driving or excessive speeding may find they need to prove financial responsibility with their state’s licensing department in order to drive a vehicle legally.
  • Never let your auto insurance expire – Having a lapse in insurance coverage will be a quick way to trigger a rate increase. And not only will insurance be more expensive, not being able to provide proof of insurance might get you fines or a revoked license.
  • Your spouse saves you money – Walking down the aisle may save some money on your auto insurance policy. It usually means you are more mature and it’s proven that married drivers get in fewer accidents.
  • Compare rates if you bundle your policies – Many insurers will give a discount to customers who have multiple policies with them in the form of a multi-policy discount. Even though this discount sounds good, you may still want to check prices from other companies to make sure you are getting the best deal. You may still be able to save even more than the discount even if you insure with multiple companies
  • Your address can modify price – Living in areas with lower population may provide you with better prices when it comes to auto insurance. Fewer drivers corresponds to lower accident rates and lower theft and vandalism rates. Drivers in populated areas have more aggressive driving styles and more severe claims. More time on the road means a statistically higher chance of an accident.
  • Limits of liability protection – A critical coverage on your policy, liability insurance provides coverage if ever you are responsible for causing personal injury or damage in an accident. It will provide you with a defense in court starting from day one. This coverage is very inexpensive compared to physical damage coverage, so drivers should carry high limits.
  • Physical damage deductibles – Insurance for physical damage, also called ‘full coverage’, covers damage that occurs to your Porsche. Some instances where coverage would apply are running into the backend of another car, damage caused by hail, or theft. Deductibles for physical damage state the amount of money you are required to spend if a claim is determined to be covered. The more expense the insured has to pay upfront, the lower your rates will be on 911 insurance.

Do you qualify for discounts?

Companies that sell car insurance don’t always list every discount very well, so below is a list a few of the more common as well as the least known discounts that you may qualify for.

  • Passive Restraints and Air Bags – Options like air bags can qualify for discounts of 20% or more.
  • Data Collection Discounts – Insureds who allow companies to study vehicle usage remotely like Drivewise from Allstate or In-Drive from State Farm may get a rate reduction as long as the data is positive.
  • Claim Free – Claim-free drivers can earn big discounts when compared to insureds who have frequent claims or accidents.
  • Include Life Insurance and Save – Some companies give a break if you buy life insurance from them.
  • Distant Student – Youth drivers who are attending college and do not take a car to college may qualify for this discount.

As a disclaimer on discounts, most discounts do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So when it seems like it’s possible to get free car insurance, you won’t be that lucky.

Companies that may offer quotes with most of the discounts above are:

When getting free car insurance quotes, it’s a good idea to all companies you are considering which discounts they offer. Some credits may not apply to policyholders in your area. To view insurers who offer cheap auto insurance quotes, click here.

Don’t assume everyone needs the same insurance coverage coverage

When it comes to buying the right insurance coverage for your personal vehicles, there really is no cookie cutter policy. Everyone’s situation is a little different.

For example, these questions might help in determining whether your personal situation could use an agent’s help.

  • What can I do if my company won’t pay a claim?
  • Is business equipment covered while in my vehicle?
  • Why am I required to buy high-risk coverage?
  • What companies insure drivers after a DUI or DWI?
  • How much liability coverage do I need in my state?
  • How do I file an SR-22 for a DUI in my state?
  • Is my cargo covered for damage or theft?
  • When does my teenage driver need to be added to my policy?
  • Will my insurance pay for OEM parts?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form. It is quick, free and can help protect your family.

Car insurance coverages for a Porsche 911

Knowing the specifics of your policy can be of help when determining the best coverages for your vehicles. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Liability auto insurance – This coverage provides protection from damages or injuries you inflict on other people or property. It protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability coverage pays for things such as court costs, emergency aid, attorney fees and funeral expenses. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Medical costs insurance – Med pay and PIP coverage pay for expenses such as funeral costs, prosthetic devices and hospital visits. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage – This coverage provides protection from other motorists when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Porsche 911.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Comprehensive or Other Than Collision – This pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things like damage from flooding, vandalism, rock chips in glass, hitting a bird and hail damage. The maximum payout you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision – This coverage will pay to fix damage to your 911 caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for things like scraping a guard rail, colliding with another moving vehicle, crashing into a ditch, driving through your garage door and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to bring the cost down.

Be a penny pincher

People switch companies for any number of reasons including delays in paying claims, extreme rates for teen drivers, lack of trust in their agent or even not issuing a premium refund. It doesn’t matter why you want to switch choosing a new insurance company is pretty simple and you could end up saving a buck or two.

Budget-friendly insurance is definitely available online as well as from insurance agents, so get free car insurance quotes from both of them so you have a total pricing picture. Some insurance companies may not provide the ability to get a quote online and many times these small insurance companies work with local independent agents.

As you quote car insurance, never buy poor coverage just to save money. There have been many cases where someone sacrificed collision coverage only to regret that it was a big mistake. The ultimate goal is to purchase plenty of coverage at the lowest possible cost, but do not skimp to save money.

More tips and info about insurance is available in these articles: