Cheap 2000 Porsche 911 Insurance Rates

Want lower auto insurance rates for your Porsche 911? Are you confused by the crazy number of auto insurance companies? Many other consumers are too. Drivers have so many choices that it can easily become a ton of work to find better rates.

It is always a good idea to check auto insurance prices yearly because rates change quite often. Despite the fact that you may have had the best rates for 911 insurance a year ago there is a good chance you can find better rates now. Don’t believe everything you read about auto insurance on the web, but we’re going to give you some great ways to find cheap auto insurance.

Discounts to lower Porsche 911 insurance rates

The price of auto insurance can be rather high, but you can get discounts that you may not even be aware of. Certain discounts will be applied at quote time, but less common discounts must be asked for prior to getting the savings.

  • Discount for New Cars – Insuring a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Drivers Ed for Students – Cut your cost by having your teen driver complete a driver education course in high school.
  • Resident Student – Kids in college who live away from home and do not have access to a covered vehicle may be able to be covered for less.
  • Anti-theft System – Vehicles with anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Defensive Driving Course – Successfully completing a defensive driving course could possibly earn you a 5% discount depending on where you live.
  • Air Bag Discount – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of up to 25% or more.
  • Paperwork-free – A handful of insurance companies give back up to $50 just for signing your application over the internet.
  • Auto/Home Discount – When you have multiple policies with the same company you could get a discount of at least 10% off all policies.
  • Government Employees – Being employed by or retired from a federal job may qualify you for a discount for 911 insurance with a few insurance coverage companies.

Keep in mind that many deductions do not apply to the overall cost of the policy. Most only reduce individual premiums such as liability and collision coverage. So even though they make it sound like all those discounts means the company will pay you, companies don’t profit that way. But all discounts will reduce the cost of coverage.

A partial list of companies that possibly offer these discounts include:

It’s a good idea to ask all companies you are considering which discounts you may be entitled to. Savings may not apply in every state.

How to Compare Car Insurance Costs

There are a variety of methods to shop for 2000 Porsche 911 car insurance, but one way is easier and takes less work. You could spend your day talking to insurance agencies in your area, or you can utilize online quoting to maximize your effort.

All the larger companies enroll in a system where prospective buyers complete one form, and at least one company can provide price quotes. This saves time by eliminating repetitive form submissions to each individual car insurance company.

To submit your quote information now, click here (opens in new window).

One minor caviat to comparing rates this way is that you can’t choose which insurance companies to get pricing from. If you would rather choose individual companies for rate comparison, we put together a list of companies who write car insurance in your area. Click to view list.

However you get your quotes, ensure you are comparing apples-to-apples deductibles and coverage limits for each comparison quote. If you have mixed coverages it’s not possible to determine which rate is truly the best. Slightly different coverages can result in a big premium difference. Just remember that obtaining a wide range of quotes gives you a better chance of getting lower pricing.

Porsche 911 rates are complex

Consumers need to have an understanding of the factors that help determine the rates you pay for insurance. When you know what positively or negatively impacts premium levels allows you to make educated decisions that will entitle you to big savings.

The following are a partial list of the pieces companies use to determine prices.

  • Better credit means lower rates – Having a bad credit score is a huge factor in determining what you pay for insurance. Drivers who have excellent credit tend to be better drivers and file fewer claims as compared to drivers with lower credit scores. Therefore, if your credit rating is low, you could potentially save money when insuring your 2000 Porsche 911 by repairing your credit.
  • Bundling policies can get discounts – The majority of insurers will award you with lower prices to customers who buy several policies from them such as combining an auto and homeowners policy. Discounts can amount to five, ten or even twenty percent. Even though this discount sounds good, you still need to compare other company rates to ensure the best deal. Consumers may find better rates by buying insurance from more than one company.
  • Tickets mean higher rates – Just one ticket may increase your cost twenty percent or more. Drivers with clean records get better rates compared to drivers with tickets. Drivers who have flagrant citations such as hit and run, DWI or reckless driving convictions may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
  • Where you reside plays a part – Living in small towns and rural areas is a positive aspect when it comes to insurance. Fewer people means fewer accidents and also fewer theft and vandalism claims. Urban drivers have to deal with more traffic problems and a longer drive to work. More time on the road can result in more accidents.
  • Proper usage rating affects rates – The higher the mileage driven every year the more you’ll pay to insure your vehicle. Most insurance companies price each vehicle’s coverage determined by how the vehicle is used. Cars used primarily for pleasure use qualify for better rates than those used for commuting. Double check that your insurance declarations sheet properly reflects the correct usage for each vehicle. Incorrect usage on your 911 can cost quite a bit.
  • How your age affects price – Mature drivers are more cautious drivers, tend to cause fewer accidents and tend to be better behind the wheel. Youthful drivers are known to get distracted easily in a vehicle and because of this, their insurance rates are much higher.

Tailor your coverage to you

When it comes to buying adequate coverage, there really is not a best way to insure your cars. Your needs are not the same as everyone else’s.

For instance, these questions may help you determine whether you will benefit from professional help.

  • Which companies will insure high-risk drivers?
  • How can I find cheaper teen driver insurance?
  • When should I remove comp and collision on my 2000 Porsche 911?
  • What are the best liability limits?
  • What companies insure drivers after a DUI or DWI?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I have any recourse if my insurance company denies a claim?
  • Are rental cars covered under my policy?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form.

Specific coverages for a Porsche 911

Having a good grasp of your policy can be of help when determining the best coverages for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as damage from a tornado or hurricane, hitting a deer and theft. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as dental work, hospital visits and EMT expenses. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision coverage

This coverage pays for damage to your 911 from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like driving through your garage door, sideswiping another vehicle and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Coverage for liability

Liability coverage will cover damages or injuries you inflict on other people or 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.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability insurance covers things such as medical services, structural damage, court costs and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your 2000 Porsche 911.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

One last thing about your coverage

We just covered a lot of ways to lower your 2000 Porsche 911 insurance rates. The key thing to remember is the more you quote, the better likelihood of reducing your rate. Drivers may discover the best prices are with a lesser-known regional company.

Insureds switch companies for any number of reasons including unfair underwriting practices, denial of a claim, policy non-renewal and even delays in paying claims. Regardless of your reason, finding a new car insurance company is not as hard as you think.

When trying to cut insurance costs, you should never buy less coverage just to save a little money. There are many occasions where an accident victim reduced full coverage only to regret that their decision to reduce coverage ended up costing them more. Your strategy should be to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.

To learn more, link through to the articles below: