How Much Does 2017 Porsche Cayenne Insurance Cost?

Having to pay for pricey car insurance can bottom out your funds, especially in this economy. Comparing rate quotes is an excellent way to slash your bill and have more diposable income.

Since people have many companies to choose from, it can be diffult for drivers to locate the lowest price company.

Consumers should take time to compare premium rates as often as possible since insurance prices fluctuate regularly. Even if you got the best price on Cayenne insurance a year ago the chances are good that you can find a lower rate today. Forget all the misinformation about car insurance because it’s time to teach you the best methods to lower your annual insurance bill.

Locating the cheapest insurance coverage is not that difficult. If you have a policy now or need new coverage, you can use this information to get lower rates and still get good coverage. Vehicle owners only need to know how to compare company rates online.

Smart consumers save on insurance

Part of the car insurance buying process is learning the different types of things that help calculate the rates you pay for car insurance. When consumers understand what influences your rates, this allows you to make educated decisions that can earn you lower premium levels.

The following are a partial list of the pieces used by insurance companies to determine rates.

  • Lower rates for vehicles with better crash test results – Vehicles with good safety scores can get you lower premiums. Vehicles engineered for safety have better occupant injury protection and better occupant protection means lower claim amounts and cheaper rates on your policy. If your Porsche is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Higher comp and collision deductibles cost less – Deductibles for physical damage define how much you are willing to pay if a claim is determined to be covered. Insurance for physical damage, aka comp and collision, is used to repair damage to your car. A few examples of covered claims are rearending another vehicle, hail damage, and damage caused by road hazards. The more you pay before a claim is paid (deductible), the lower your rates will be on Cayenne insurance.
  • Low credit score equals high prices – Your credit rating is a large factor in your rate calculation. So if your credit score can be improved, you could pay less to insure your 2017 Porsche Cayenne by spending a little time repairing your credit. Drivers with high credit ratings tend to be less risk to insure than drivers who have poor credit scores.
  • Commute or pleasure use – The higher the miles on your Porsche each year the higher the price you pay to insure it. A lot of companies calculate rates based upon how you use the vehicle. Vehicles left parked in the garage can get a lower rate than those used for commuting. Make sure your policy reflects the correct driver usage. Having the wrong rating on your Cayenne is just wasting money.
  • Lower prices with theft deterrents – Purchasing a vehicle with anti-theft technology or alarm system can get you a discount on your car insurance. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help prevent auto theft.
  • Tickets inflate premiums – Careful drivers receive lower rates as compared to careless drivers. Even one moving violation can increase the cost of insurance by as much as twenty percent. Drivers who have dangerous tickets such as DUI or reckless driving may find that they have to to prove financial responsibility with their state motor vehicle department in order to drive a vehicle legally.
  • Better premiums for uninterrupted coverage – Driving any period of time without insurance is a big no-no and any future policy may cost more because you let your insurance coverage expire. In addition to paying higher rates, getting caught without coverage might get you a revoked license or a big fine.

Discounts to earn cheaper car insurance rates

Car insurance can cost a lot, but you might find some hidden discounts that you may not know about. Many of these discounts will be applied automatically at the time you complete a quote, but lesser-known reductions have to be asked about prior to receiving the credit.

  • Multi-policy Discount – If you combine your auto and homeowners policies and insure them both with the same insurance company you may save up to 20% and get you cheap insurance coverage.
  • Save with More Vehicles Insured – Drivers who insure primary and secondary vehicles on one policy can get a discount for every vehicle.
  • Multi-line Discount – Some companies give a discount if you purchase auto and life insurance together.
  • Homeowners Pay Less – Owning your own home or condo can save a few bucks because maintaining a house shows financial diligence.
  • No Claim Discounts – Drivers who don’t have accidents pay much less in comparison to drivers with a long claim history.
  • Air Bags and Passive Restraints – Options like air bags or motorized seat belts could see savings of 20 to 30 percent.
  • Good Students Pay Less – Getting good grades can save 20 to 25%. The good student discount can last up to age 25.

As a footnote on discounts, most credits do not apply to your bottom line cost. The majority will only reduce specific coverage prices like medical payments or collision. So when the math indicates you can get free auto insurance, you won’t be that lucky.

A partial list of companies that may offer quotes with these benefits include:

Before purchasing a policy, check with each company to apply every possible discount. Discounts may not apply to policies in your area. If you would like to see a list of car insurance companies with discount car insurance rates, follow this link.

Save 15 percent in 15 minutes? Is it for real?

Consumers get pounded daily by advertisements that promise big savings by companies like State Farm, Geico and Progressive. All the companies have a common claim that you’ll save big if you change to their company.

How can each company make the same claim? It’s all in the numbers.

Insurance companies quote the lowest rates for a prospective insured that will most likely be profitable. One example of this type of insured might have to be a married female, insures multiple vehicles, and drives less than 5,000 miles a year. Any customer that hits that “sweet spot” receives the best prices and will cut their rates if they switch.

People who don’t qualify for those criteria will have to pay more expensive rates and ends up with the customer buying from a different company. The ads say “people that switch” but not “everyone who gets a quote” save that much money. This is how companies can truthfully make claims like that.

This really drives home the point why drivers must compare free insurance coverage quotes often. Because without a comparison, you cannot know which company will provide the lowest car insurance rates.

Tailor your car insurance coverage to you

When choosing adequate coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Every insured’s situation is different so this has to be addressed. For example, these questions could help you determine if your insurance needs might need an agent’s assistance.

  • Am I covered if I hit a deer?
  • Will my rates increase for filing one claim?
  • Is rental equipment covered for theft or damage?
  • Am I covered if hit by an uninsured driver?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Is my 2017 Porsche Cayenne covered for flood damage?
  • Is my camper covered by my car insurance policy?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.

Specifics of your auto insurance policy

Learning about specific coverages of your policy can be of help when determining the right coverages for your vehicles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are the normal coverages found on the average auto insurance policy.

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like vandalism, rock chips in glass, hail damage, hitting a deer and a tree branch falling on your vehicle. The maximum payout your auto insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and damage to your 2017 Porsche Cayenne.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Usually the UM/UIM limits are set the same as your liablity limits.

Insurance for medical payments

Coverage for medical payments and/or PIP provide coverage for expenses for X-ray expenses, nursing services, doctor visits, hospital visits and dental work. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Collision protection

Collision coverage covers damage to your Cayenne caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like hitting a parking meter, driving through your garage door, sideswiping another vehicle and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Liability insurance

Liability coverage can cover damages or injuries you inflict on other’s property or people in an accident. This insurance protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like court costs, medical services, legal defense fees and emergency aid. How much coverage you buy is your choice, but you should buy as much as you can afford.

Smart shoppers get results

Some insurance providers may not offer internet price quotes and usually these regional insurance providers provide coverage only through independent agencies. Lower-priced 2017 Porsche Cayenne insurance is attainable both online as well as from independent agents, so you should compare both in order to have the best price selection to choose from.

While you’re price shopping online, it’s very important that you do not skimp on coverage in order to save money. In many cases, an insured cut liability limits or collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your aim should be to find the BEST coverage for the lowest price, but don’t skip important coverages to save money.

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