View 2011 Porsche 911 Insurance Cost

Looking for lower car insurance rates for your Porsche 911? Finding low-cost insurance for a Porsche 911 can turn out to be a painful process, but you can learn a few tricks to make it easier.

There are both good and bad ways to find car insurance online and we’ll show you the proper way to compare rates for a new or used Porsche and obtain the lowest possible price either online or from local insurance agents.

It’s a great practice to do rate comparisons quite often because insurance prices change frequently. Even if you think you had the best price for 911 coverage a year ago you will most likely find a better rate today. There are a lot of ways to save on car insurance out there, but in just a couple of minutes you can learn some good information on how to find cheap car insurance.

Earn discounts to get lower-cost auto insurance quotes

Auto insurance is neither fun to buy or cheap, but you might already qualify for some discounts that can drop the cost substantially. Many of these discounts will be applied automatically when you get a quote, but some may not be applied and must be asked about prior to receiving the credit.

  • Renewal Discounts – Some larger companies reward drivers for buying a policy before your current policy expires. The savings is around 10%.
  • Student Discounts – This discount can earn a discount of 20% or more. The discount lasts until age 25.
  • Life Insurance – Insurance companies who offer life insurance give better prices if you take out life insurance from them.
  • Cautious Driver Discount – Insureds without accidents can get discounts for up to 45% lower rates for 911 coverage than their less cautious counterparts.
  • Multi-policy Discount – If you can combine your auto and homeowners policy and insure them with the same company you may save up to 20% off your total premium.
  • Professional Organizations – Being in a professional or civic organization can get you a small discount on your bill.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time rather than paying in monthly installments you could save 5% or more.

Discounts save money, but please remember that most credits do not apply to the entire policy premium. A few only apply to the price of certain insurance coverages like comp or med pay. So when the math indicates having all the discounts means you get insurance for free, it doesn’t quite work that way.

For a list of insurers offering auto insurance discounts, click here to view.

Lower your insurance premiums

Many different elements are part of the equation when pricing auto insurance. Some factors are common sense like an MVR report, but some are more transparent like your continuous coverage and annual miles driven.

  • Gals tend to take less risk – The statistics show women tend to be less risk to insure than men. Now that doesn’t mean females are better drivers. They both cause auto accidents in similar percentages, but men have accidents that have higher claims. In addition to higher claims, males also get higher numbers of serious violations such as reckless driving.
  • Physical damage deductibles – Comp and collision deductibles are the amount of money you are required to spend out-of-pocket before a claim is paid by your company. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Examples of some claims that would be covered are colliding with a stationary object, collision with a deer, and having a roll-over accident. The more expense you choose to pay out-of-pocket, the better rate you will receive for 911 coverage.
  • Avoid traffic tickets – Getting just one citation can bump up the cost twenty percent or more. Drivers with clean records pay lower auto insurance prices as compared to careless drivers. Drivers unfortunate enough to have multiple tickets such as reckless driving, hit and run or driving under the influence are required to prove financial responsibility to the state department of motor vehicles in order to legally drive.
  • Big cities have higher prices – Choosing to live in less populated areas of the country may provide you with better prices when buying car insurance. Fewer drivers and short commutes means fewer accidents and also fewer theft and vandalism claims. Residents of big cities tend to have much more traffic and a longer drive to work. Longer commute distances translates into higher accident risk.
  • Higher car insurance rates for car insurance policy lapses – Letting your insurance expire is a quick way to drive up your policy premiums. In addition to paying higher rates, the inability to provide proof of insurance will get you fines and jail time.

Tailor your auto insurance coverage to you

When buying proper insurance coverage, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s.

For instance, these questions might help in determining if your situation might need professional guidance.

  • Am I covered if I crash into my own garage door?
  • Do I need rental car coverage?
  • When should I remove comp and collision on my 2011 Porsche 911?
  • Who is covered by my policy?
  • How high should my uninsured/underinsured coverage be in my state?
  • Am I covered if I break a side mirror?
  • Can I make deliveries for my home business?
  • What is the minimum liability in my state?
  • Is other people’s property covered if stolen from my vehicle?

If you can’t answer these questions, then you may want to think about talking to an agent. If you don’t have a local agent, complete this form. It is quick, free and may give you better protection.

Car insurance myths debunked

Consumers can’t ignore all the ads that promise big savings by companies like State Farm, Geico and Progressive. They all try to convey promises that drivers can save some big amount just by switching to them.

How does every car insurance company claim to save you money?

Insurance companies have underwriting criteria for the type of customer that makes them money. For example, a profitable customer may be between 30 and 50, has other policies, and drives a vehicle with a low ISO rating. A customer who matches that profile receives the best rates and as a result will probably save some money.

Potential insureds who are not a match for this ideal profile will be quoted a higher premium with the end result being the driver buying from a lower-cost company. The wording the ads use say “people that switch” not “everyone who quotes” save that much. That is how insurance companies can confidently make the claims of big savings.

Because of the profiling, drivers should get as many free insurance coverage quotes as possible. Because without a comparison, you cannot know which company will fit you best based on your risk profile.

Auto insurance 101

Understanding the coverages of a car insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Auto collision coverage

This will pay to fix damage to your 911 from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as hitting a mailbox, sideswiping another vehicle, hitting a parking meter and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to raise the deductible to save money on collision insurance.

Comprehensive protection

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as a broken windshield, falling objects, damage from flooding, vandalism and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Auto liability insurance

Liability coverage can cover damage or injury you incur to a person or their property in an accident. This insurance protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for things like repair costs for stationary objects, court costs, emergency aid and loss of income. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured or underinsured coverage

This coverage provides protection from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries and damage to your Porsche 911.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Normally these limits do not exceed the liability coverage limits.

Medical expense coverage

Coverage for medical payments and/or PIP pay for short-term medical expenses like dental work, nursing services and funeral costs. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

More quotes. Lower rates.

Consumers switch companies for a variety of reasons including an unsatisfactory settlement offer, policy cancellation, not issuing a premium refund and even high prices. No matter why you want to switch, switching insurance coverage companies can be easier than you think.

Throughout this article, we presented some good ideas how you can lower your 2011 Porsche 911 insurance premium rates. It’s most important to understand that the more price quotes you have, the higher your chance of finding inexpensive insurance coverage. Consumers may even find the lowest priced insurance coverage comes from a small mutual company.

As you go through the steps to switch your coverage, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where someone sacrificed physical damage coverage only to regret at claim time that the savings was not a smart move. The aim is to purchase a proper amount of coverage at the best possible price and still be able to protect your assets.

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