How Much Does 2014 Porsche Cayenne Car Insurance Cost?

Want lower car insurance rates? Drivers have lots of choices when trying to find affordable Porsche Cayenne insurance. They can either spend hours calling around getting price quotes or save time using the internet to compare rates. There is a right way and a wrong way to buy car insurance and you need to know the proper way to compare rates on a Porsche and locate the lowest price.

Discounts mean cheaper Porsche Cayenne insurance rates

Auto insurance companies don’t always advertise every available discount in an easy-to-find place, so we researched both well-publicized as well as the least known ways to save on auto insurance. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

  • Fewer Miles Equal More Savings – Fewer annual miles on your Porsche can earn discounted rates on garaged vehicles.
  • Bundle and Save – When you have multiple policies with the same insurance company you may earn at least 10% off all policies.
  • Life Insurance Discount – Companies who offer life insurance give lower rates if you buy life insurance.
  • Anti-theft System – Cars that have factory anti-theft systems help deter theft and therefore earn up to a 10% discount.
  • Senior Citizens – Older drivers may receive a discount up to 10% on Cayenne coverage.
  • Sign Early and Save – A few companies offer discounts for switching to them before your current policy expires. It can save you around 10%.
  • Homeowners Pay Less – Being a homeowner may trigger a auto insurance policy discount because maintaining a house is proof that your finances are in order.

Drivers should understand that many deductions do not apply to all coverage premiums. Some only apply to individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears adding up those discounts means a free policy, auto insurance companies aren’t that generous.

To see a list of companies with the best auto insurance discounts, click here.

Tailor your coverage to you

When buying proper insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Each situation is unique.

These are some specific questions can aid in determining whether your personal situation will benefit from professional help.

  • Why do I only qualify for high-risk insurance?
  • Can my babysitter drive my car?
  • Does my policy cover my teen driver if they drive my company car?
  • Does insurance cover damages from a DUI accident?
  • Am I covered if hit by an uninsured driver?
  • Does car insurance cover theft of personal property?
  • Why am I required to get a high-risk car insurance policy?
  • Why is insurance for a teen driver so high?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • At what point should I drop full coverage?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and may give you better protection.

Auto insurance coverage information

Learning about specific coverages of your insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be impossible to understand and coverage can change by endorsement.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Porsche Cayenne.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP pay for immediate expenses for things like rehabilitation expenses, dental work, prosthetic devices and nursing services. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as getting struck while a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Comprehensive auto coverage

This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from flooding, hitting a bird, hail damage, a tree branch falling on your vehicle and damage from getting keyed. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Auto collision coverage

This coverage will pay to fix damage to your Cayenne resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like sustaining damage from a pot hole, backing into a parked car, damaging your car on a curb and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to bring the cost down.

Liability coverages

This coverage can cover damages or injuries you inflict on people or other property by causing an accident. It protects YOU from legal claims by others. Liability doesn’t cover 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. You commonly see values of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability insurance covers things such as medical services, court costs, funeral expenses, bail bonds and loss of income. How much liability coverage do you need? That is a personal decision, but consider buying as large an amount as possible.

More choices the merrier

Cheap 2014 Porsche Cayenne insurance is definitely available online in addition to many insurance agents, and you need to price shop both to have the best chance of lowering rates. Some insurance providers do not provide online quoting and these small insurance companies work with independent agents.

We just covered many ways to shop for insurance online. The most important thing to understand is the more you quote, the higher the chance of saving money. You may be surprised to find that the lowest premiums are with some of the lesser-known companies.

Consumers change insurance companies for any number of reasons including being labeled a high risk driver, questionable increases in premium, poor customer service and even denial of a claim. It doesn’t matter why you want to switch choosing a new insurance company is not as hard as you think.

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