2016 Porsche 911 Insurance Rates – 10 Ways to Save

Looking for lower auto insurance rates? Shoppers have many options when shopping for the best price on Porsche 911 insurance. They can either spend hours calling around trying to get quotes or utilize the internet to compare rates. There are both good and bad ways to buy auto insurance and we’ll show you the proper way to compare rates on a Porsche and obtain the lowest price either online or from local insurance agents.

Finding affordable coverage is easy if you know what you’re doing. If you are paying for car insurance now, you should be able to reduce your rates substantially using these methods. Drivers only need to know the most effective way to shop over the internet.

How to buy car insurance online

Getting a cheaper price on 2016 Porsche 911 insurance can be quick and easy. All you need to do is take the time to get quotes to see which company has the cheapest insurance coverage quotes. Shoppers can get rates by using one of the methods below.

  1. The most efficient method to find the lowest comparison rates is a comparison rater form click here to open form in new window. This method saves time by eliminating multiple quote forms for each price estimate. One quote request gets coverage cost estimates from multiple companies. This is perfect if you don’t have a lot of time.
  2. Another way to analyze rates is spending the time to visit each company website and repeat the quote process. For instance, let’s assume you want to see prices from Nationwide, Geico and Farmers. To find out each rate you need to navigate to each company’s site and repeatedly type in your coverage information, which is why first method is reommended.

    For a list of links to insurance companies in your area, click here.

However you get your quotes, be sure you’re using identical deductibles and coverage limits on every price quote you get. If you are comparing mixed coverages it will be very difficult to get a fair rate comparison.

Beware of misleading insurance ads

Consumers get pounded daily by advertisements for cheaper insurance by Progressive, Allstate and Geico. They all have a common claim that you’ll save big if you get a free insurance coverage quote and switch your policy.

How is it plausible that every one can have lower policy pricing? It’s all in the wording.

All companies have an ideal profile for the type of insured that makes them money. A good example of this type of risk profile may be over the age of 45, has few claims, and drives a safe vehicle. Any person who meets those qualifications will get low prices and will probably save some money.

People who cannot meet the requirements may be required to pay higher rates and this can result in business going elsewhere. The ads state “customers that switch” not “everybody who quotes” can save as much as they claim. That’s why insurance companies can confidently make those statements. Each company has different criteria, so you should compare as many free insurance coverage quotes as you can. You cannot predict with any certainty which company will have the lowest rate quotes.

Find hidden discounts to get affordable insurance coverage rates

Insurance coverage is neither fun to buy or cheap, but you may be missing some discounts to cut the cost considerably. Some of these disounts will be visible when you get a quote, but less common discounts must be requested specifically before being credited.

  • Payment Discounts – By making one initial payment instead of monthly or quarterly installments you may have a lower total premium amount.
  • More Vehicles More Savings – Purchasing coverage when you have primary and secondary vehicles on one policy can get a discount for every vehicle.
  • Lower Rates for Military – Being on active duty in the military could qualify you for better insurance coverage rates.
  • Safety Restraint Discount – Drivers who require all vehicle occupants to fasten their seat belts can save up to 10 percent (depending on the company) off the medical payments premium.
  • Theft Deterent System – Cars that have factory anti-theft systems help deter theft and therefore earn up to a 10% discount.
  • 55 and Retired – If you qualify as a senior citizen, you are able to get a small decrease in premiums for 911 coverage.
  • ABS and Traction Control Discounts – Cars, trucks, and SUVs with ABS braking systems or traction control have fewer accidents and therefore earn up to a 10% discount.
  • Low Miles Discount – Fewer annual miles on your Porsche can qualify you for slightly better insurance coveragerates than normal.
  • New Car Discount – Adding a new car to your policy can save up to 30% since new model year vehicles are generally safer.
  • Discounts for Responsible Drivers – Insureds who avoid accidents can get discounts for up to 45% lower rates for 911 coverage than less cautious drivers.

Discounts save money, but please remember that most of the big mark downs will not be given to the entire policy premium. Some only apply to the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears you could get a free insurance coverage policy, nobody gets a free ride.

Some of the insurance companies that possibly offer these benefits may include but are not limited to:

Before buying, ask all companies you are considering which discounts they offer. All car insurance discounts may not apply to policyholders in every state. To find insurance coverage companies that have a full spectrum of discounts, follow this link.

Tailor your insurance coverage to you

When choosing the right insurance coverage, there is no perfect coverage plan. Everyone’s situation is a little different.

Here are some questions about coverages that can aid in determining if your insurance needs will benefit from professional help.

  • How high should my uninsured/underinsured coverage be in my state?
  • Do I need higher collision deductibles?
  • Why am I required to buy high-risk coverage?
  • Should I sign the liability waiver when renting a car?
  • Should I file a claim if it’s only slightly more than my deductible?
  • What are the financial responsibility laws in my state?
  • Is motorclub coverage worth it?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form. It only takes a few minutes and can provide invaluable advice.

The coverage is in the details

Having a good grasp of your policy aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Collision coverage – This covers damage to your 911 resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims like hitting a parking meter, driving through your garage door and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to bring the cost down.

Coverage for liability – This coverage protects you from damage that occurs to people or other property in an accident. It protects you from legal claims by others, and does not provide coverage for 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 policy limits of 100/300/100 which stand for a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability can pay for claims such as medical services, emergency aid, attorney fees and pain and suffering. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Medical payments coverage and PIP – Med pay and PIP coverage pay for short-term medical expenses like chiropractic care, prosthetic devices, doctor visits, hospital visits and dental work. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage – This coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Porsche 911.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive coverage – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as rock chips in glass, hitting a bird, theft and falling objects. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Spend less. Save more.

We just covered a lot of techniques to save on 2016 Porsche 911 insurance. The key thing to remember is the more times you quote, the higher your chance of finding affordable insurance coverage. You may even discover the lowest priced insurance comes from an unexpected company.

Some insurance companies may not offer online price quotes and many times these smaller companies only sell through local independent agents. Discount 2016 Porsche 911 insurance can be purchased on the web in addition to many insurance agents, and you should compare rates from both in order to have the best chance of saving money.

As you restructure your insurance plan, make sure you don’t sacrifice coverage to reduce premiums. In many cases, someone dropped physical damage coverage only to find out that the savings was not a smart move. Your aim should be to buy a smart amount of coverage for the lowest cost while not skimping on critical coverages.

Additional articles