2005 Porsche 911 Car Insurance Rates – 9 Tricks for Cheapest Quotes

No one looks forward to buying insurance, especially when they are paying too much.

With so many companies and agents to choose from, it is very difficult to choose the lowest price insurance company.

You probably qualify for some discounts

Companies offering auto insurance do not advertise all their discounts in an easy-to-find place, so we researched both well-publicized as well as the least known insurance savings.

  • Club Memberships – Participating in certain professional organizations may earn a discount on insurance for 911 coverage.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.
  • Sign Early and Save – A few companies offer discounts for switching to them before your current expiration date. It can save you around 10%.
  • Payment Method – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
  • No Claims – Good drivers with no accidents can save substantially as compared to frequent claim filers.
  • Low Mileage Discounts – Keeping the miles down on your Porsche can qualify you for lower rates on the low mileage vehicles.
  • Student Driver Training – Have your child enroll in driver’s education if it’s offered in school.
  • Military Discounts – Being on active duty in the military may qualify for rate reductions.
  • Theft Prevention System – Vehicles with anti-theft systems prevent vehicle theft and earn discounts up to 10%.

Consumers should know that most of the big mark downs will not be given to the entire cost. Some only apply to the price of certain insurance coverages like medical payments or collision. So even though they make it sound like you could get a free insurance policy, companies don’t profit that way.

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

Before buying, ask all companies you are considering which discounts they offer. Some discounts might not be offered in your area.

There’s no such thing as the perfect policy

When it comes to choosing proper insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions might point out if you will benefit from professional help.

  • What if I total my 2005 Porsche 911 and owe more than it’s worth?
  • If my pet gets injured in an accident are they covered?
  • Should I buy only the required minimum liability coverage?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • When should I buy a commercial auto policy?
  • Do I really need UM/UIM coverage?
  • Do I need an umbrella policy?
  • Am I covered if I crash into my own garage door?
  • Are rental cars covered under my policy?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Car insurance 101

Knowing the specifics of a insurance policy helps when choosing the right coverages at the best deductibles and correct limits. Insurance terms can be confusing and reading a policy is terribly boring. Below you’ll find typical coverages offered by insurance companies.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as rehabilitation expenses, dental work and prosthetic devices. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

Collision insurance will pay to fix damage to your 911 caused by collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision can pay for claims like crashing into a ditch, hitting a mailbox and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage

This coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Porsche 911.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Liability coverages

Liability insurance will cover damage that occurs to people or other property by causing an accident. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability can pay for things like medical expenses, funeral expenses, repair costs for stationary objects and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.

Comprehensive coverage

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like damage from flooding, hitting a deer and hail damage. The most your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Shop around and save

We just presented quite a bit of information on how to get a better price on 2005 Porsche 911 insurance. The key concept to understand is the more rate comparisons you have, the better your chances of lowering your rates. You may even find the lowest rates come from an unexpected company. Some small companies may have significantly lower rates on certain market segments as compared to the big name companies such as Allstate or State Farm.

Budget-conscious insurance is possible on the web as well as from independent agents, and you need to price shop both so you have a total pricing picture. Some auto insurance companies don’t offer online quoting and these regional insurance providers work with independent agents.

To learn more, link through to the resources below: