Cheaper 2010 Porsche 911 Insurance Quotes

Want better auto insurance rates for your Porsche 911? Shopping for the lowest cost auto insurance on the web can seem to be somewhat difficult for people who are new to buying insurance on the web. With so many choices of online companies available, how can you have a chance to compare the different rates to find the cheapest available price?

Complexity of Porsche 911 insurance rates

An important part of buying insurance is that you know the different types of things that go into determining the rates you pay for car insurance. Understanding what impacts premium levels enables informed choices that may reward you with lower car insurance prices.

Listed below are some of the factors car insurance companies consider when setting rates.

  • Pleasure use saves money – The more you drive in a year the higher your rate. Most companies charge to insure your cars determined by how the vehicle is used. Cars used primarily for pleasure use receive lower rates as compared to vehicles used primarily for driving to work. Double check that your car insurance policy is rated on the correct driver usage, because improper ratings can cost you money. If your policy improperly rates your 911 can cost quite a bit.
  • Higher deductibles cost less – Physical damage insurance, termed comprehensive and collision coverage on your policy, protects your Porsche from damage. A few examples of covered claims are collision with another vehicle, damage from fire, and rolling your vehicle. Deductibles for physical damage are the amount of money you are willing to pay before a claim is paid by your company. The more expense you have to pay, the less your company will charge you for insurance for 911 coverage.
  • With age comes lower rates – Mature drivers are more cautious drivers, tend to file fewer claims and tend to be better behind the wheel. Teen drivers are statistically proven to be careless and easily distracted in a vehicle therefore car insurance rates are much higher.
  • Sex matters – Statistics show women tend to be less risk to insure than men. However, don’t assume that men are worse drivers. Women and men tend to get into accidents at about the same rate, but the male of the species cause more damage and cost insurance companies more money. Men also tend to get cited for more serious violations such as DWI and reckless driving.
  • Consolidate policies to earn discounts – Some companies will award you with lower prices to policyholders who have multiple policies with them in the form of a multi-policy discount. Even though this discount sounds good, it’s in your best interest to compare other company rates to ensure the best deal.
  • High numbers of claims are not good – If you are a frequent claim filer, you can expect either higher rates or even cancellation. Insurance companies award better rates to insureds who do not file claims often. Car insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Tickets mean higher rates – Just one ticket can bump up the cost forty percent or more. Drivers who don’t get tickets receive lower rates than bad drivers. Drivers who have serious citations such as DUI or reckless driving may need to file a SR-22 with the DMV in their state in order to continue driving.

Are you getting all your discounts?

Companies offering auto insurance don’t necessarily list every available discount in an easy-to-find place, so we researched both the well known and the more hidden savings tricks you should be using.

  • Braking Control Discount – Vehicles equipped with ABS or steering control are safer to drive and earn discounts up to 10%.
  • Drivers Ed for Students – Cut your cost by having your teen driver complete a driver education course if offered at their school.
  • Early Signing – Select companies give a discount for switching to them prior to your current policy expiration. This can save 10% or more.
  • One Accident Forgiven – Certain companies will forgive one accident before raising your premiums if your claims history is clear prior to the accident.
  • Multi-policy Discount – If you have multiple policies with one insurance company you could get a discount of approximately 10% to 15%.
  • Homeowners Pay Less – Owning a home can save you money because owning a home shows financial diligence.
  • Government Employees – Active or retired federal employment can save as much as 8% for 911 coverage with a few insurance companies.
  • Driver Safety – Taking a defensive driving course could save 5% or more and easily recoup the cost of the course.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and will save you 10% or more.
  • Good Students Pay Less – This discount can be rewarded with saving of up to 25%. The discount lasts well after school through age 25.

Keep in mind that most discount credits are not given to your bottom line cost. Most only apply to specific coverage prices like collision or personal injury protection. Even though it may seem like you could get a free insurance policy, companies don’t profit that way.

For a list of insurers who offer insurance discounts, click here.

Don’t listen to company ads

Companies like Allstate and Progressive regularly use television and radio advertisements. All the ads make the same claim that you can save if you move your coverage to them. How does each company make the same claim? This is how they do it.

All the different companies have a certain “appetite” for the driver they prefer to insure. A good example of a profitable customer could possibly be between the ages of 40 and 55, has no driving citations, and drives less than 10,000 miles a year. A customer getting a price quote who meets those qualifications will qualify for the lowest rates and as a result will probably pay quite a bit less when switching companies.

Potential customers who do not match the “perfect” profile will have to pay a higher premium and ends up with the customer not buying. The ads say “customers who switch” not “everybody who quotes” save that much. This is how companies can truthfully state the savings. Because of the profiling, you should get quotes from several different companies. It’s impossible to know which insurance companies will have the lowest Porsche 911 insurance rates.

When might I need an agent?

When buying coverage, there isn’t really a “perfect” insurance plan. Every situation is different.

For instance, these questions can help discover whether or not you might need professional guidance.

  • Do I need medical payments coverage since I have good health insurance?
  • Why do I only qualify for high-risk insurance?
  • How do I insure my teen driver?
  • Am I covered when using my vehicle for business?
  • How much liability coverage do I need in my state?
  • Do I benefit by insuring my home with the same company?
  • Does my 2010 Porsche 911 qualify for pleasure use?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form.

Car insurance coverages and their meanings

Understanding the coverages of your car insurance policy can help you determine appropriate coverage and proper limits and deductibles. Car insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage provides protection when other motorists 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 2010 Porsche 911.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Liability insurance

This coverage can cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 that means you have $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability insurance covers things such as legal defense fees, medical expenses, pain and suffering and bail bonds. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.

Collision insurance

This coverage will pay to fix damage to your 911 resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like sustaining damage from a pot hole, rolling your car, damaging your car on a curb and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

Insurance for medical payments

Med pay and PIP coverage kick in for short-term medical expenses for surgery, nursing services, dental work and funeral costs. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as vandalism, hitting a deer, a tree branch falling on your vehicle, falling objects and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

A penny earned…

We just showed you a lot of tips how to lower your 2010 Porsche 911 insurance rates. It’s most important to understand that the more times you quote, the better chance you’ll have of finding lower rates. You may even discover the lowest priced auto insurance comes from some of the lesser-known companies.

Discount insurance can be found on the web and with local insurance agents, and you need to price shop both to have the best rate selection. There are still a few companies who do not offer online price quotes and most of the time these small, regional companies sell through independent agents.

Consumers who switch companies do it for a variety of reasons including extreme rates for teen drivers, being labeled a high risk driver, delays in responding to claim requests or even high rates after DUI convictions. Regardless of your reason for switching companies, switching companies is less work than it seems.

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