Consumers have options when looking for affordable Porsche 911 insurance. You can either spend your time driving around to compare prices or leverage the internet to get rate quotes. There is a right way and a wrong way to shop for auto insurance so you’re going to learn the absolute fastest way to compare rates for a Porsche and get the lowest possible price.
If you have car insurance now, you will be able to reduce your rates substantially using these techniques. This information will instruct you on the best way to quote coverages and some tips to save money. But vehicle owners must know the way insurance companies sell insurance online and apply this information to your search.
How much is auto insurance?
Most larger insurance companies like GEICO, State Farm and Progressive make it easy to get coverage prices from their websites. This process doesn’t take a lot of time as all you need to do is type in the coverage amounts you desire into the quote form. Upon sending the form, the company’s rating system orders your driving record and credit report and generates a price based on many factors.
Quoting online simplifies rate comparisons, but the time required to go to multiple sites and type in the same data is a big time waster. But it’s absolutely necessary to compare as many rates as possible in order to get the best price on auto insurance.
The smarter way to get multiple rate quotes is to use a quote form that gets prices from several different companies. The form is fast, eliminates repetitive work, and makes online shopping a lot less work. As soon as the form is sent, it gets priced with multiple companies and you can pick any or none of the returned quotes. If one or more price quotes are lower than your current rates, you can simply submit the application and buy the new coverage. The entire process takes just a few minutes to complete and you’ll know if lower rates are available.
To quickly use this form to compare rates, click here and submit the form. To compare your current rates, we recommend you replicate the coverages as close as possible to your current policy. This helps ensure you are getting an apples-to-apples comparison using the exact same coverages.
Get lower rates by applying discounts
Auto insurance is not an enjoyable expense, but you may qualify for discounts that could drop your premiums quite a bit. Most are applied when you get a quote, but less common discounts must be asked for before being credited. If you don’t get every credit you qualify for, you could be saving more on your auto insurance.
- Discount for Swiching Early – A few companies allow discounts for switching to them prior to your current policy expiring. This discount can save up to 10%.
- Air Bags and Passive Restraints – Cars that have air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
- Low Mileage Discounts – Low mileage vehicles can earn better premium rates on cars that stay parked.
- Multi-policy Discount – If you can bundle your auto and homeowners insurance with one company you could get a discount of up to 20% off your total premium.
- Life Insurance – Select insurance companies reward you with a discounted premium rate on car insurance if you buy life insurance from them.
- ABS and Traction Control Discounts – Cars equipped with ABS or steering control can stop better under adverse conditions and will save you 10% or more.
- Discounts for New Vehicles – Adding a new car to your policy can cost up to 25% less due to better safety requirements for newer models.
As a footnote on discounts, most discounts do not apply to all coverage premiums. Some only apply to the price of certain insurance coverages like liability and collision coverage. Despite the fact that it seems like adding up those discounts means a free policy, companies wouldn’t make money that way. Any amount of discount will cut your policy cost.
A few of the larger companies and a partial list of their discounts can be found below.
- GEICO has savings for multi-policy, membership and employees, federal employee, five-year accident-free, and multi-vehicle.
- Auto-Owners Insurance includes discounts for anti-lock brakes, student away at school, safe driver, company car, and paperless.
- American Family may offer discounts for early bird, air bags, mySafetyValet, defensive driver, Steer into Savings, bundled insurance, and TimeAway discount.
- Esurance offers discounts including multi-policy, homeowner, DriveSense, anti-lock brakes, safety device, and anti-theft.
- Progressive has discounts for multi-vehicle, multi-policy, homeowner, continuous coverage, and online quote discount.
- State Farm discounts include safe vehicle, accident-free, good student, defensive driving training, Drive Safe & Save, multiple policy, and student away at school.
- AAA offers discounts for multi-policy, multi-car, education and occupation, anti-theft, and good student.
If you want , ask all the companies how many discounts you can get. Discounts may not apply in your area. To find auto insurance companies that offer multiple discounts, click this link.
Five Things That Determine Your Insurance Premiums
Many things are taken into consideration when you get a price on insurance. Some are obvious like an MVR report, but some are not as apparent like your continuous coverage or your commute time.
Shown below are some of the most common factors utilized by car insurance companies to help set your rates.
- Rates impacted by your city – Being located in a rural area may provide you with better prices when buying auto insurance. Less people living in that area translates into fewer accidents and also fewer theft and vandalism claims. Drivers who live in large cities have congested traffic and much longer commute distances. More time on the road translates into higher accident risk.
- Get married and get cheaper premiums – Your spouse helps lower the price on your auto insurance bill. It is viewed as being more responsible it has been statistically shown that drivers who are married are more cautious.
- Allowing your coverage to lapse raises rates – Driving without insurance coverage in place is against the law and companies may charge more for letting your coverage cancel without a new policy in place. And not only will your rates increase, not being able to provide proof of insurance may result in a revoked license or a big fine. You could then be forced to prove you have insurance by filing a SR-22 with your state motor vehicle department.
- Liability insurance claims can be big – A critical coverage on your policy, liability insurance provides coverage when a court rules you are at fault for causing personal injury or damage in an accident. Your liability coverage provides for a legal defense which can cost a lot. This coverage is very inexpensive when compared with rates for comp and collision, so drivers should carry high limits.
- Higher premiums for tough employers – Jobs such as real estate brokersair traffic controllers and medical professionals usually pay higher average rates because of intense work-related stress and lots of time spent at work. Conversely, occupations such as scientists, engineers and homemakers have lower than average premiums on 911 insurance.
You can lower your rates
Budget-friendly auto insurance is possible from both online companies as well as from insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. A few companies don’t offer the ability to get a quote online and many times these regional carriers only sell through local independent agents.
You just learned a lot of tips how to lower your Porsche 911 insurance prices. The key concept to understand is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the best price on auto insurance is with the least-expected company.
Insureds who switch companies do it for many reasons like lack of trust in their agent, delays in paying claims, high prices or even denial of a claim. No matter why you want to switch, choosing a new insurance company is not as hard as you think.
