2003 Porsche Cayenne Car Insurance Rates – 9 Tips for Cheapest Quotes

Trying to find the cheapest insurance rates for your Porsche Cayenne? Comparing and finding cheaper premium rates for insurance might be kind of frustrating for people who have little experience shopping for insurance online. People have so many choices that it can quickly become a difficult challenge to locate the lowest price.

Earn discounts on car insurance

Auto insurance companies do not advertise the complete list of policy discounts very well, so we break down both the well known and the more hidden credits available to you.

  • Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discounted price on car insurance if you buy life insurance from them.
  • Good Grades Discount – A discount for being a good student could provide a savings of up to 20% or more. Many companies even apply the discount to college students well after school through age 25.
  • 55 and Retired – Drivers that qualify as senior citizens are able to get a small decrease in premiums for Cayenne insurance.
  • Cautious Driver Discounts – Insureds who avoid accidents can save up to 40% or more on their insurance coverage quote for Cayenne insurance compared to rates paid by drivers with frequent claims.
  • Anti-lock Brake Discount – Cars and trucks with ABS and/or traction control are much safer to drive and qualify for as much as a 10% discount.
  • Lower Rates for Military – Being deployed in the military can result in better prices.
  • Renewal Discounts – Some car insurance companies reward drivers for switching companies before your current expiration date. You can save around 10% with this discount.
  • Sign Online – A few larger online companies will discount your bill up to fifty bucks simply for signing online.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to take driver’s ed class if it’s offered in school.

Just know that most of the big mark downs will not be given to your bottom line cost. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think you would end up receiving a 100% discount, you aren’t that lucky.

Auto insurance companies that may offer policyholders most of the discounts above possibly include:

When getting a coverage quote, ask all the companies to apply every possible discount. Some discounts might not be offered on policies in your area. If you would like to choose from a list of companies with discount car insurance rates, click here to view.

Tailor your car insurance coverage to you

When it comes to buying the best car insurance coverage, there really is not a “best” method to buy coverage. Your needs are not the same as everyone else’s.

For instance, these questions can aid in determining whether your personal situation will benefit from professional help.

  • Is there coverage for injuries to my pets?
  • When should I buy a commercial auto policy?
  • What is UM/UIM insurance?
  • Am I covered when driving someone else’s vehicle?
  • Does my 2003 Porsche Cayenne need full coverage?
  • Am I covered when driving a rental car?
  • Is motorclub coverage worth it?
  • Am I covered if I hit a deer?
  • Do I have coverage for damage caused while driving under the influence?
  • Do I have newly-aquired coverage?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form.

Insurance coverage breakdown

Knowing the specifics of your policy aids in choosing which coverages you need and the correct deductibles and limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as a broken windshield, vandalism, damage from a tornado or hurricane and rock chips in glass. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability coverages

Liability coverage can cover injuries or damage you cause to a person or their property that is your fault. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage protects against things like court costs, loss of income, medical expenses and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical costs insurance

Coverage for medical payments and/or PIP reimburse you for bills for things like prosthetic devices, funeral costs, surgery, ambulance fees and doctor visits. They are often utilized in addition to your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

Collision coverage

Collision insurance pays for damage to your Cayenne caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims such as colliding with a tree, colliding with another moving vehicle and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Porsche Cayenne.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Knowledge is power

Insureds leave their current company for any number of reasons including policy non-renewal, being labeled a high risk driver, high rates after DUI convictions and extreme rates for teen drivers. It doesn’t matter why you want to switch finding a new company is easier than you think.

Budget-friendly insurance can be sourced from both online companies and with local insurance agents, so you should compare both in order to have the best price selection to choose from. Some insurance companies do not offer internet price quotes and usually these small, regional companies work with local independent agencies.

You just learned a lot of information how to lower your 2003 Porsche Cayenne insurance car insurance rates. The key concept to understand is the more price quotes you have, the higher the chance of saving money. You may even find the lowest car insurance rates come from some of the smallest insurance companies.

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Comments About 2003 Porsche Cayenne Insurance

  1. Cornell Olsen

    I found pretty cheap rate quotes for a 2003 Porsche Cayenne in Fort Wayne, IN. Ended up at roughly $100 every six months with AAA. Thankfully I have a good driving record. Online quotes are the way to go.

  2. Cordell Espinoza

    Does Pennsylvania have minimum liability requirements?

  3. Isiah Sandoval

    Cheap is relative. I live on the east side of Worcester, MA. Quoted with Amica, Mercury, and a few others for my 2003 Porsche Cayenne and I’m now saving $18 a month. I used their website to get prices. Next renewal I’ll just do liability.

  4. Doug Pollard

    Like your site, BTW. Live in the western part of Kansas City, MO. Got free quotes online for a 2003 Porsche Cayenne. Ended up at about $120 savings annually. Went with GEICO. Good savings if you bundle. I recommend comparing lots of rates.

  5. Tashina Dale

    All companies are crooks. Quoted with AIG Insurance for my 2003 Porsche Cayenne and saved about $60 a year. Teenage drivers are expensive! You can get a rate quote online. Liability only on my Porsche.

  6. Janessa Pate

    I’m in the north part of Henderson, Nevada. Got quotes from Auto-Owners, Safeco, and Travelers for my 2003 Porsche Cayenne and I’m now saving $16 a month. Was with American Family. I have kids on my policy, too. It was easy to get rates.

  7. Lia Clark

    Cheapest quote for my 2003 Porsche Cayenne was with Esurance. Still almost need a second mortgage.

  8. Whitney Madden

    How are claims handled by GEICO around Mesa, AZ?

  9. Barrett Mcintosh

    From northwest of Memphis, TN. Received quotes with AIG Insurance, Farmers, and Nationwide for my 2003 Porsche Cayenne and I think I am saving around $30 each month.