Lower Your 2001 Porsche 911 Insurance Rates

Searching for cheaper insurance for a Porsche 911 can turn out to be difficult, but you can learn the following methods and make it easy.

There are both good and bad ways to buy car insurance so we’re going to tell you the quickest way to quote coverages on a Porsche and obtain the lowest possible price either online or from local insurance agents.

How to Compare Auto Insurance Costs

Getting a lower price on 2001 Porsche 911 insurance doesn’t have to be difficult. Consumers just need to spend a little time comparing rate quotes from different insurance companies. This is very easy and can be done in several different ways.

The easiest and least time consuming way to get the best comparison quotes is a comparison rater form click to view form in new window. This easy form saves time by eliminating multiple quote forms for each company. One quote request gets you coverage quotes from several companies.It’s the quickest way to get rates.

A more difficult way to analyze rates consists of visiting each company website to request a price quote. For examples sake, let’s say you want comparison quotes from Liberty Mutual, Geico and Progressive. To find out each rate you need to go to every website to input your insurance information, which is why most consumers use the first method. To view a list of companies in your area, click here.

It’s up to you which method you use, but make absolute certain that you use the exact same deductibles and coverage limits for every company. If each company quotes different liability limits you will not be able to determine the best price for your Porsche 911.

Slick advertising tricks that work

Consumers can’t ignore all the ads that promise big savings by 21st Century, Allstate and State Farm. All the ads say the same thing about savings after switching to their company.

How does each company make almost identical claims? This is how they do it.

All the different companies can use profiling for the type of driver that earns them a profit. A good example of a driver they prefer might be over the age of 40, has no driving citations, and has a short commute. A customer getting a price quote who fits that profile is entitled to the best price and is almost guaranteed to save when switching.

Potential customers who don’t meet the “perfect” profile will be charged higher rates which usually ends up with business not being written. The ads state “customers that switch” not “everybody who quotes” save money. This is how insurance companies can advertise the savings.

That is why drivers must compare many company’s rates. It’s not possible to predict which company will give you the biggest savings on Porsche 911 insurance.

Porsche 911 rates are in the details

Consumers need to have an understanding of some of the elements that play a part in calculating insurance rates. Understanding what influences your rates allows you to make educated decisions that can help you get better insurance rates.

  • Consolidate policies to earn discounts – The majority of insurers give discounts to policyholders who have multiple policies with them, otherwise known as a multi-policy discount. If you currently are using one company, it’s in your best interest to compare other company rates to ensure the best deal. Consumers may find better rates by buying insurance from a different company.
  • Being married is a good thing – Getting married actually saves money on insurance. It is viewed as being more responsible and it’s proven that married drivers get in fewer accidents.
  • Don’t sacrifice liability coverage – Your policy’s liability coverage is the protection if ever you are found to be at fault for personal injury or accident damage. It provides you with a defense in court starting from day one. This coverage is very inexpensive as compared to coverage for physical damage, so do not cut corners here.
  • Safer cars cost less to insure – Safer cars get lower rates. Safer cars result in less severe injuries and lower injury rates means lower claim amounts passed on to you as lower rates. If the Porsche 911 scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org it is probably cheaper to insure.
  • Men pay higher rates – Statistics demonstrate that men are more aggressive behind the wheel. Now that doesn’t mean women are better drivers. Men and women cause accidents in similar percentages, but men tend to have more serious accidents. Men also get cited for more serious violations like DUI and reckless driving.
  • The more you drive the more you pay – The more you drive in a year’s time the more you’ll pay to insure your vehicle. Almost all companies apply a rate based on their usage. Cars used primarily for pleasure use qualify for better rates as compared to vehicles used primarily for driving to work. Double check that your insurance policy shows the correct driver usage. Incorrect usage on your 911 can cost quite a bit.
  • Where you live can impact rates – Being located in a rural area can be a good thing when talking about insurance. Fewer drivers means reduced accidents as well as less vandalism and auto theft. Drivers who live in large cities have much more traffic to deal with and longer commutes to work. More time commuting can result in more accidents.

Pay less by taking advantage of discounts

Car insurance can cost a lot, but there could be available discounts that you may not even be aware of. Some trigger automatically when you complete an application, but a few must be requested specifically prior to receiving the credit. If you don’t get every credit you deserve, you are paying more than you should be.

  • Discount for Good Grades – This discount can earn a discount of 20% or more. The discount lasts up to age 25.
  • Save with a New Car – Buying coverage on a new vehicle can be considerably cheaper compared to insuring an older model.
  • Seat Belts Save – Using a seat belt and requiring all passengers to use a seat belt could save 15% off your medical payments premium.
  • Sign Early and Save – Select companies give a discount for buying a policy before your current expiration date. It can save you around 10%.
  • Anti-lock Brake System – Vehicles equipped with ABS or steering control can reduce accidents and qualify for as much as a 10% discount.

Keep in mind that some of the credits will not apply to the entire cost. Most only apply to specific coverage prices like comprehensive or collision. Just because you may think it’s possible to get free car insurance, insurance companies aren’t that generous. Any qualifying discounts will reduce your overall premium however.

To see a list of insurers with discount insurance rates, click here to view.

Your coverage should be tailored to you

When buying adequate coverage, there isn’t really a one size fits all plan. Every situation is different.

Here are some questions about coverages that can aid in determining whether your personal situation may require specific advice.

  • When should I remove comp and collision on my 2001 Porsche 911?
  • When would I need additional glass coverage?
  • How high should my uninsured/underinsured coverage be in my state?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Who is covered by my policy?
  • Can I rate high risk drivers on liability-only vehicles?
  • Does my policy cover my teen driver if they drive my company car?
  • Does insurance cover damages from a DUI accident?
  • Am I covered when using my vehicle for business?
  • Can I get a multi-policy discount?

If you’re not sure about those questions, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It’s fast, free and can help protect your family.

Car insurance specifics

Learning about specific coverages of car insurance 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 reading a policy is terribly boring.

Liability car insurance

Liability insurance protects you from damage that occurs to other’s property or people by causing an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: 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 translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Another option is one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability coverage pays for things like pain and suffering, medical services and legal defense fees. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Collision protection

Collision coverage pays for damage to your 911 from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as crashing into a building, sustaining damage from a pot hole, driving through your garage door, sideswiping another vehicle and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Medical costs insurance

Medical payments and Personal Injury Protection insurance provide coverage for expenses such as doctor visits, rehabilitation expenses and pain medications. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

UM/UIM Coverage

This provides protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently these limits are identical to your policy’s liability coverage.

Comprehensive or Other Than Collision

This pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like theft, damage from flooding, a broken windshield and damage from getting keyed. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Compare but don’t skimp

Throughout this article, we presented a lot of ways to shop for 2001 Porsche 911 insurance online. The key concept to understand is the more quotes you get, the better your chances of lowering your rates. You may be surprised to find that the lowest priced auto insurance comes from the least-expected company.

Consumers who switch companies do it for many reasons like poor customer service, policy cancellation, questionable increases in premium or even not issuing a premium refund. No matter why you want to switch, switching companies is not as difficult as it may seem.

When trying to cut insurance costs, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many instances, an accident victim reduced liability coverage limits only to regret that it was a big mistake. Your focus should be to buy enough coverage at the best price, not the least amount of coverage.

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