Locating cheaper insurance for a Porsche Carrera GT can normally be a painful process, but you can use a few tricks to make it easier. There is a better way to compare car insurance rates so you’re going to learn the quickest way to quote coverages for a new or used Porsche and get the best price possible from local insurance agents and online providers.
Consumers need to get comparison quotes periodically since insurance rates are usually higher with each renewal. Even if you got the lowest price for Carrera GT coverage a few years ago other companies may now be cheaper. Starting now, block out anything you think you know about car insurance because you’re going to get a crash course in the things you must know in order to save money, get proper coverage and the best rates.
Do you qualify for discounts?
Companies that sell car insurance do not advertise every available discount in an easy-to-find place, so we researched some of the best known as well as the least known discounts you could be receiving.
- Early Switch Discount – Select companies give a discount for signing up prior to your current policy expiration. It’s a savings of about 10%.
- Defensive Driving Course – Taking part in a driver safety course could possibly earn you a 5% discount depending on where you live.
- Bundle and Save – When you combine your home and auto insurance with the same insurance company you may earn at least 10% off all policies.
- New Car Discount – Adding a new car to your policy can be considerably cheaper since new cars are generally safer.
- Clubs and Organizations – Participating in a civic or occupational organization is a good way to get lower rates on your policy for Carrera GT coverage.
- One Accident Forgiven – Some insurance companies will allow you to have one accident before your rates go up so long as you haven’t had any claims for a set time period.
- Senior Discount – Older drivers can possibly qualify for better car insurance rates for Carrera GT coverage.
- More Vehicles More Savings – Insuring multiple cars or trucks with the same company qualifies for this discount.
It’s important to note that some credits don’t apply to all coverage premiums. Most only reduce specific coverage prices like liability and collision coverage. So when the math indicates all those discounts means the company will pay you, you’re out of luck.
For a list of insurers who offer car insurance discounts, click this link.
How to Lower Your Car Insurance Cost
Effectively comparing car insurance prices can be a lot of work if you don’t utilize the easiest way. You can waste a lot of time talking about coverages with insurance agencies in your area, or you could use online quoting to accomplish the same thing much quicker.
Most car insurance companies participate in an industry program where insurance shoppers only type in their quote data once, and every company returns a rated price based on the submitted data. This eliminates the need for form submissions for every car insurance company.
To participate in this free quote system, click here to start a free quote.
The only downside to doing it this way is that consumers can’t choose which carriers to receive prices from. So if you want to select individual companies to compare rates, we have a page of the cheapest car insurance companies in your area. View list of insurance companies.
Whichever way you use, double check that you are using apples-to-apples coverage limits and deductibles with each company. If you are comparing different liability limits it’s impossible to truly determine the lowest rate. Slightly different coverages may result in a large different in cost. And when quoting car insurance, remember that comparing more company’s prices helps you find lower pricing.
Why your Porsche Carrera GT insurance rates may be high
An important part of buying insurance is that you know the rating factors that go into determining your car insurance rates. When you know what positively or negatively impacts premium levels helps enable you to make changes that may reward you with better car insurance rates.
- How your age affects price – Teen drivers are statistically proven to get distracted easily behind the wheel so car insurance rates are higher. Parents adding a young driver onto a policy can be very expensive. Older drivers are more responsible, statistically cause fewer accidents and get fewer tickets.
- Proper usage rating affects rates – The higher the mileage driven in a year’s time the higher your rate. The majority of insurers apply a rate determined by how the vehicle is used. Autos not used for work or commuting get more affordable rates compared to those used for work or business. Ask your agent if your car insurance declarations sheet properly reflects the correct usage for each vehicle. If your policy improperly rates your Carrera GT may be wasting your money.
- Extra coverages can waste money – There are a lot of additional coverages that can waste your money if you aren’t careful. Coverages for rental car reimbursement, accident forgiveness and motor club memberships are some examples. These may sound like a good investment when talking to your agent, but if you don’t need them eliminate them to save money.
- Protect yourself with liability coverage – Liability coverage provides coverage when a court rules you are at fault for personal injury or accident damage. Liability insurance provides you with a defense in court which can cost thousands of dollars. Liability insurance is quite affordable when compared with rates for comp and collision, so do not skimp.
Don’t assume everyone needs the same coverage
When it comes to choosing the right insurance coverage, there isn’t really a perfect coverage plan. Everyone’s situation is unique.
Here are some questions about coverages that might point out whether your personal situation might need an agent’s assistance.
- Do I need motorclub coverage?
- Is business property covered if stolen from my car?
- Will my rates increase for filing one claim?
- Do I need roadside assistance coverage?
- Am I covered when renting a car or should I buy coverage from the car rental agency?
- How can I get high-risk coverage after a DUI?
- Are rental cars covered under my policy?
- Are there companies who specialize in insuring high-risk drivers?
If you’re not sure about those questions but one or more may apply to you, you may need to chat with an agent. To find an agent in your area, simply complete this short form.
Slick advertising tricks that work
Car insurance providers like 21st Century, Allstate and State Farm constantly bombard you with television and radio advertisements. They all say the same thing that you can save if you switch your coverage to them. How do they all say the same thing?
All companies have a certain “appetite” for the type of driver that earns them a profit. For example, a profitable customer could possibly be between the ages of 30 and 50, is a homeowner, and drives less than 10,000 miles a year. A driver who meets those qualifications will get very good rates and most likely will save when they switch companies.
Potential insureds who fall outside this ideal profile will have to pay higher rates which leads to business going elsewhere. The ads say “customers who switch” not “everyone that quotes” save that kind of money. That’s why companies can truthfully advertise the way they do. Because of the profiling, you absolutely need to compare many company’s rates. It’s just too difficult to predict the company that will have the lowest rates.
Quote more, save more
Cheap Porsche Carrera GT insurance can be sourced on the web as well as from independent agents, so you should compare both to have the best rate selection. Some insurance companies don’t offer online price quotes and most of the time these regional insurance providers sell through independent agents.
We just presented many ways to reduce Porsche Carrera GT insurance prices online. The key thing to remember is the more quotes you get, the better chance you’ll have of finding lower rates. You may even find the best prices are with a lesser-known regional company.
When trying to cut insurance costs, it’s very important that you do not skimp on critical coverages to save a buck or two. There have been many situations where someone sacrificed liability limits or collision coverage only to find out that their decision to reduce coverage ended up costing them more. The proper strategy is to buy a smart amount of coverage at a price you can afford while still protecting your assets.
