1999 Porsche Boxster Insurance Rates – 6 Savings Tips

Nobody likes buying auto insurance, especially knowing the cost is too high. Insurance companies such as Geico, Farmers Insurance and State Farm continually hit you with ad campaigns and it can be hard to see through the cute green geckos and mayhem and take the time to shop coverage around.

It’s a great practice to compare prices yearly due to the fact that insurance prices trend upward over time. Even if you got the best deal on Boxster insurance a couple years back you can probably find a better rate quote now. There is a lot of bad advice regarding auto insurance on the internet, but I’m going to show you a lot of great tips on how to put money back in your pocket.

Find discounts to get cheap auto insurance quotes

Auto insurance companies don’t always advertise every policy discount very well, so the list below details some of the best known as well as the least known discounts that you may qualify for.

• Multiple Cars – Buying coverage for multiple cars or trucks on one policy can reduce the rates for all insured vehicles.
• Theft Deterent – Anti-theft and alarm system equipped vehicles are stolen with less frequency and will save you 10% or more.
• Paperwork-free – Certain companies will discount your bill up to fifty bucks simply for signing over the internet.
• Discount for Home Ownership – Owning a house can earn you a little savings because maintaining a house shows financial diligence.
• Discount for Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of 20% or more.
• Safety Course Discount – Taking time to complete a defensive driver course could save 5% or more if your company offers it.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given to your bottom line cost. Most only apply to specific coverage prices like medical payments or collision. So when it seems like you would end up receiving a 100% discount, that’s just not realistic.

Popular auto insurance companies and some of the premium reductions they offer can be found below.

• Farm Bureau offers premium reductions for safe driver, good student, multi-vehicle, multi-policy, renewal discount, and driver training.
• Liberty Mutual may include discounts for preferred payment discount, new graduate, newly retired, hybrid vehicle, multi-policy, new vehicle discount, and good student.
• State Farm policyholders can earn discounts including good student, accident-free, driver’s education, Steer Clear safe driver discount, and defensive driving training.
• Auto-Owners Insurance discounts include safe vehicle, paid in full, anti-theft, good student, student away at school, and multi-policy.
• Geico may have discounts that include air bags, membership and employees, multi-policy, anti-lock brakes, and federal employee.
• SAFECO includes discounts for homeowner, multi-car, drive less, teen safe driver, and anti-lock brakes.

When comparing rates, check with every prospective company how many discounts you can get. Some credits might not apply in every state. To see a list of providers with discount auto insurance rates, click here to view.

Auto insurance in the media

Consumers can’t escape the ads that claim the cheapest rates from the likes of State Farm and Allstate. They all convey the message that drivers will save a bundle if you get a free auto insurance quote and switch your policy.

How do they all charge lower premium rates? This is the way they can do it.

Companies are able to cherry pick for the type of customer that earns them the highest profit. An example of a profitable risk profile may need to be a married male, has a clear driving record, and drives less than 7,500 miles a year. A propective insured that meets those criteria receives the best premium rates and will also save if they switch.

People who are not a match for these criteria may be required to pay higher prices and this can result in the customer not buying. The wording the ads use say “drivers that switch” not “everybody who quotes” can get the lowest rates when switching. This is how insurance companies can confidently make it sound like they have such great premium rates.

Each company has different criteria, so you really need to do a quote comparison often. It is impossible to predict the company that will have the best car insurance rates at this point in time.

Tailor your auto insurance coverage to you

When it comes to buying adequate coverage, there is no best way to insure your cars. Each situation is unique so your insurance needs to address that. For instance, these questions may help highlight if you may require specific advice.

• At what point should I drop full coverage?
• Why am I required to buy liability insurance?
• Do I need to file an SR-22 for a DUI in my state?
• Is my vehicle covered by my employer’s policy when using it for work?
• What is high-risk coverage and where do I buy it?
• Can my babysitter drive my car?
• Do I have coverage for damage caused while driving under the influence?
• What is the rate difference between pleasure use and commuting?
• How does medical payments coverage work?

If you’re not sure about those questions but you know they apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It is quick, free and may give you better protection.

What auto insurance coverages do you need?

Knowing the specifics of a auto insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Below you’ll find typical coverage types available from auto insurance companies.

Collision protection

Collision insurance covers damage to your Boxster caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims like scraping a guard rail, crashing into a building, crashing into a ditch and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for bills like rehabilitation expenses, funeral costs and chiropractic care. They are used to fill the gap from your health insurance policy or if you do not have health coverage. They cover both the driver and occupants and also covers getting struck while a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Coverage for liability

This will cover damages or injuries you inflict on other’s property or people in an accident. This insurance 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. Your policy might show policy limits of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as repair bills for other people’s vehicles, structural damage and bail bonds. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverages

This will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like fire damage, a tree branch falling on your vehicle and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since 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 should not be overlooked. Usually these coverages are set the same as your liablity limits.

Smart consumers save more

When buying insurance coverage, do not reduce needed coverages to save money. There are many occasions where drivers have reduced collision coverage only to find out they didn’t have enough coverage. Your focus should be to purchase a proper amount of coverage at the best price, but do not sacrifice coverage to save money.

Affordable 1999 Porsche Boxster insurance is definitely available both online as well as from insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who do not provide rate quotes online and many times these regional carriers provide coverage only through independent insurance agencies.

We’ve covered many ideas to reduce 1999 Porsche Boxster insurance premium rates online. The most important thing to understand is the more companies you get prices for, the better your comparison will be. Consumers could even find that the best premium rates are with the least-expected company. Regional companies may cover specific market segments cheaper than their larger competitors like Allstate or State Farm.

Much more information about auto insurance is located on the following sites:

• Crash Avoidance Technologies FAQ (iihs.org)
• Comprehensive Coverage (Liberty Mutual)
• Safety Tips for Teen Drivers (Insurance Information Insitute)
• Bodily Injury Coverage (Liberty Mutual)
• Choosing an Insurance Company (Insurance Information Insitute)