Save on 2015 Porsche Panamera Car Insurance Rates

Looking for the cheapest auto insurance rates for your Porsche Panamera? Are you drained from sacrificing other expenses to insure your Porsche every month? Your situation is no different than many other people. Companies like Geico, 21st Century and Progressive all claim big savings with fancy advertisements and it is challenging if not impossible to sift through the bull and take the time to shop coverage around.

If you have a current auto insurance policy or need new coverage, you can use these tips to find better prices and still get good coverage. Finding the best rates is not rocket science. Drivers only need an understanding of the tricks to shop their coverage around over the internet.

Ways to get auto insurance rate quotes

Performing a rate comparison can be a lot of work if you don’t understand the easiest way. You can spend your afternoon talking about coverages with insurance companies in your area, or you can stay home and use online quotes to quickly compare rates.

Many popular insurance companies participate in an industry program that allows shoppers to send in one quote, and every company provides a quote determined by their information. This saves time by eliminating repetitive form submissions for every auto insurance company. To fill out one form to compare multiple rates now click to open in new window.

The only downside to doing it this way is you cannot specify the insurers you want to price. If you wish to select individual companies for rate comparison, we have a page of low cost auto insurance companies in your area. View list of insurance companies.

Which method you use is up to you, but ensure you are comparing the same coverages with each company. If the quotes have different limits and deductibles on each one it will be next to impossible to find the best deal for your Porsche Panamera.

Insurance coverage rates and discounts

Companies that sell car insurance don’t always list all available discounts in a way that’s easy to find, so the below list has both the well known and also the lesser-known credits available to bring down your rates. If you check and find you aren’t receiving every discount available, you are not getting the best rate possible.

• Theft Deterent System – Cars and trucks equipped with anti-theft or alarm systems are stolen less frequently so companies will give you a small discount.
• Accident Free – Good drivers with no accidents have much lower rates in comparison with bad drivers.
• Paperwork-free – A handful of companies will provide an incentive for buying a policy and signing up over the internet.
• Fewer Miles Equal More Savings – Keeping the miles down on your Porsche could qualify for lower rates due to less chance of an accident.
• Government Employee Discount – Active or former government employment may reduce rates when you quote insurance for Panamera insurance with a few insurance coverage companies.
• Bundle and Save – If you have multiple policies with the same insurance company you may save at least 10 to 15 percent or more.
• Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts can save 10% or more on the medical payments or PIP coverage costs.
• Senior Citizen Rates – If you qualify as a senior citizen, you may be able to get lower premium rates for Panamera insurance.
• Drive Safe and Save – Insureds without accidents can get discounts for up to 45% lower rates for Panamera insurance than less cautious drivers.
• Discounts for New Vehicles – Putting insurance on a new car can save you some money since new vehicles have better safety ratings.

A little note about advertised discounts, most discounts do not apply the the whole policy. Most only cut individual premiums such as medical payments or collision. If you do the math and it seems like adding up those discounts means a free policy, that’s just not realistic. But any discount will bring down the amount you pay for coverage.

A few popular companies and a selection of discounts are outlined below.

• Farm Bureau offers discounts for good student, safe driver, renewal discount, driver training, youthful driver, and multi-vehicle.
• Liberty Mutual may include discounts for safety features, preferred payment discount, new move discount, exclusive group savings, multi-policy, and newly retired.
• State Farm has savings for safe vehicle, multiple policy, Drive Safe & Save, defensive driving training, student away at school, driver’s education, and Steer Clear safe driver discount.
• Auto-Owners Insurance discounts include multiple vehicles, teen driver, paid in full, company car, and safe vehicle.
• Geico offers discounts including membership and employees, anti-lock brakes, emergency military deployment, federal employee, daytime running lights, good student, and defensive driver.
• SAFECO may have discounts that include accident prevention training, drive less, teen safety rewards, anti-theft, safe driver, homeowner, and bundle discounts.

When quoting, ask each insurance company which discounts you may be entitled to. All car insurance discounts may not apply everywhere. If you would like to see a list of companies who offer cheap insurance coverage quotes, click this link.

Situations that may require an agent’s advice

When buying the best car insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Coverage needs to be tailored to your specific needs so your insurance needs to address that. These are some specific questions could help you determine if you could use an agent’s help.

• How many claims can I have before being cancelled?
• What if I total my 2015 Porsche Panamera and owe more than it’s worth?
• Am I covered when driving a rental car?
• Where can I find high-risk insurance?
• When can I cancel my policy?
• Do I need roadside assistance coverage?
• When would I need rental car insurance?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area. It’s fast, free and may give you better protection.

Coverages available on your policy

Understanding the coverages of your auto insurance policy aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are the usual coverages available from auto insurance companies.

Comprehensive coverages

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, theft, vandalism and damage from getting keyed. 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 dropping full coverage.

Coverage for medical payments

Med pay and PIP coverage provide coverage for immediate expenses such as surgery, prosthetic devices, pain medications, EMT expenses and funeral costs. They can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as 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

Collision protection

This pays for damage to your Panamera resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like colliding with a tree, hitting a mailbox, rolling your car, driving through your garage door and damaging your car on a curb. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Porsche Panamera.

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 very important. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability coverage

Liability insurance will cover damage or injury you incur to other’s property or people by causing an accident. It protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Another option is one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for things such as court costs, legal defense fees and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.