Pretty sure you bought an underperforming, overpriced insurance coverage policy? It’s a common feeling and many drivers feel the same as you.
Many insurers vie for your business, and because of this it can be hard to compare auto insurance companies and get the definite lowest price
There are several ways you can shop for auto insurance but there is one way that is more efficient than others. You can spend countless hours driving to insurance agencies in your area, or you could save time and use online quotes to get prices fast.
Most of the best insurance companies enroll in a system where prospective buyers send in one quote, and each company provides a quote. This saves time by eliminating quote forms to every company.
To fill out one form to compare multiple rates now click here (opens in new window).
The one disadvantage to doing it this way is you cannot specify which companies you will receive quotes from. So if you prefer to pick specific insurance companies to receive pricing from, we have assembled a list of the cheapest auto insurance companies in your area. View list of insurance companies.
Compare rates however you want, just be certain you are entering equivalent coverage information on every quote. If you enter different limits and deductibles on each one you can’t possibly find the best deal for your Porsche Cayman. Slightly different insurance coverages could throw off the whole comparison. Just remember that having more price comparisons increases your odds of finding a lower rate.
Car insurance companies don’t necessarily list every available discount in a way that’s easy to find, so the below list has some of the more common and also the lesser-known credits available to bring down your rates.
It’s important to note that some credits don’t apply to the overall cost of the policy. Some only reduce individual premiums such as liability, collision or medical payments. So when it seems like you can get free auto insurance, it doesn’t quite work that way. Any qualifying discounts will positively reduce the premium cost.
Car insurance companies who may offer these benefits include:
If you want the cheapest insurance quotes, ask each company which credits you are entitled to. A few discounts might not be offered everywhere. If you would like to choose from a list of providers that have a full spectrum of discounts, click this link.
When choosing coverage for your vehicles, there really is not a best way to insure your cars. Every insured’s situation is different and a cookie cutter policy won’t apply. These are some specific questions could help you determine whether you may require specific advice.
If you’re not sure about those questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
A large part of saving on auto insurance is knowing the different types of things that play a part in calculating your auto insurance rates. If you have some idea of what influences your rates, this allows you to make good choices that may result in better auto insurance rates. Many things are used when quoting car insurance. Some are obvious like an MVR report, but others are not as apparent like your continuous coverage or your financial responsibility.
Learning about specific coverages of your policy can help you determine the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Listed below are typical coverages found on the average insurance policy.
Comprehensive (Other than Collision) – This coverage pays for 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 like vandalism, rock chips in glass, theft and damage from getting keyed. The most your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Protection from uninsured/underinsured drivers – This gives you protection from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as your vehicle’s damage.
Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Usually the UM/UIM limits are similar to your liability insurance amounts.
Liability car insurance – This coverage can cover damages or injuries you inflict on people or other property that is your fault. This coverage protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Some companies may use one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.
Liability can pay for things such as legal defense fees, repair bills for other people’s vehicles and pain and suffering. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.
Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for X-ray expenses, pain medications, surgery, nursing services and funeral costs. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay
Collision – Collision insurance will pay to fix damage to your Cayman from colliding with another car or object. A deductible applies and then insurance will cover the remainder.
Collision coverage protects against claims such as crashing into a ditch, crashing into a building, sustaining damage from a pot hole and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.
When trying to cut insurance costs, make sure you don’t sacrifice coverage to reduce premiums. There are too many instances where an accident victim reduced liability limits or collision coverage only to find out that it was a big error on their part. Your aim should be to buy the best coverage you can find for the lowest cost but still have enough coverage for asset protection.
We just covered a lot of ways to get a better price on 2015 Porsche Cayman insurance. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your prices. You may be surprised to find that the lowest premium rates are with some of the lesser-known companies. Regional companies may only write in your state and offer lower prices than their larger competitors like Allstate, Geico and Progressive.
Budget-conscious 2015 Porsche Cayman insurance is definitely available online as well as from independent agents, and you should be comparing both in order to have the best chance of saving money. Some auto insurance companies do not offer rate quotes online and usually these smaller providers provide coverage only through independent agencies.
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