Compare 2004 Porsche Carrera GT Insurance Rates

Buyers have a choice when searching for the best price on Porsche Carrera GT insurance. They can either spend hours driving around to compare prices or use the internet to make rate comparisons. There is a better way to buy car insurance so we’re going to tell you the absolute fastest way to quote coverages for a new or used Porsche and find the lowest price from local insurance agents and online providers.

Consumers need to quote other rates before your policy renews since prices are adjusted regularly by insurance companies. If you had the best rates on Carrera GT insurance a few years ago you can probably find a better rate quote now. Block out anything you think you know about car insurance because you’re about to learn the fastest and easiest way to find better rates and still maintain coverage.

How to get cheap car insurance

There are a variety of methods to shop for car insurance, and some are easier and takes less work. You can waste hours talking to insurance companies in your area, or you can stay home and use the web to achieve your goal.

Most of the larger companies take part in a program where prospective buyers complete one form, and at least one company then gives them pricing based on that information. This prevents consumers from doing quote requests to each individual car insurance company.

To find out what other companies charge click here (opens in new window).

The one downside to getting quotes like this is you don’t know exactly which insurance companies you will receive quotes from. If you wish to select specific providers to compare prices, we have a page of car insurance companies in your area. Click here for list of insurance companies.

Whichever way you use, be certain you are entering identical information on every price quote you get. If you use different liability limits it will be next to impossible to decipher which rate is best.

Tailor your auto insurance coverage to you

When it comes to buying coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Everyone’s needs are different.

For example, these questions might point out whether your personal situation may require specific advice.

• If I drive on a suspended license am I covered?
• When should I buy a commercial auto policy?
• When do I need to add a new car to my policy?
• Do I need medical payments coverage since I have good health insurance?
• Is my 2004 Porsche Carrera GT covered for smoke damage?
• Is rental equipment covered for theft or damage?
• Am I covered if hit by an uninsured driver?

If you can’t answer these questions then you might want to talk to a licensed agent. To find lower rates from a local agent, take a second and complete this form. It is quick, free and may give you better protection.

Auto insurance 101

Having a good grasp of a car insurance policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

UM/UIM Coverage

This provides protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your Porsche Carrera GT.

Because many people carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Comprehensive or Other Than Collision

This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as a tree branch falling on your vehicle, theft and damage from flooding. The maximum payout you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage protection

Collision insurance pays for damage to your Carrera GT caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as sustaining damage from a pot hole, hitting a mailbox and crashing into a building. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to bring the cost down.

Coverage for liability

Liability coverage provides protection from injuries or damage you cause to people or other property in an accident. This coverage protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for claims like medical expenses, structural damage, legal defense fees, court costs and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but buy as much as you can afford.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like EMT expenses, doctor visits and prosthetic devices. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay