How Much Does 2007 Porsche 911 Car Insurance Cost?

Want better auto insurance rates for your Porsche 911? Pricey auto insurance can take a big chunk out of your checking account and force you to make sacrifices. Comparing cost estimates is an excellent way to reduce premiums and put more money in your pocket.

Many car insurance companies vie for your insurance dollar, so it can be very hard to choose a company to get the best rates possible.

It’s a great practice to price shop coverage periodically since prices trend upward over time. Just because you had the best price for 911 coverage last year a different company probably has better rate quotes today. There is a lot of wrong information about auto insurance on the web, but in this article, you’re going to get a lot of great tips on how to lower your auto insurance premiums.

If you have car insurance now, you stand a good chance to be able to cut costs considerably using this strategy. Finding affordable coverage is not that difficult. But drivers need to have an understanding of the way insurance companies price online insurance and use this information to your advantage.

How to compare auto insurance rate quotes

There are a lot of ways you can shop for auto insurance but some are more efficient than others. You could spend your day talking to local insurance agents in your area, or you could save time and use the internet to get prices fast.

Many popular insurance companies belong to a marketplace that allows shoppers to enter their coverage request one time, and at least one company can provide price quotes for coverage. This saves time by eliminating form submissions to each individual auto insurance company.

To compare pricing click to open in new window.

The single downside to pricing coverage this way is you don’t know exactly which carriers to receive prices from. So if you want to choose from a list of companies for rate comparison, we have assembled a list of auto insurance companies in your area. Click here for list of insurance companies.

Take whichever approach you prefer, but be certain you are entering nearly identical information on every price quote you get. If the quotes have mixed coverages it’s not possible to truly determine the lowest rate. Just a small difference in coverages could throw off the whole comparison. Just remember that quoting more increases your odds of finding the best offered rates.

The Porsche 911 insurance cost equation

Many factors are part of the equation when quoting car insurance. Some factors are common sense such as traffic violations, although others are not quite as obvious such as your marital status or how safe your car is.It’s important that you understand some of the things that help calculate car insurance rates. If you know what determines premiums, this helps enable you to make changes that can earn you lower rates.

  • Marriage can lower costs – Having a spouse may save some money on car insurance. Having a spouse is viewed as being less irresponsible it has been statistically shown that married drivers tend to file fewer claims.
  • Costs are affected by your address – Being located in a rural area has definite advantages when insuring your vehicles. Less people means reduced accidents in addition to fewer liability claims. People who live in big cities tend to have more road rage incidents and longer commutes to work. The longer drive time means more chances of being involved in an auto accident.
  • Lower deductibles cost more – Physical damage insurance, also called comprehensive and collision insurance, covers your vehicle from damage. Some examples of covered claims would be a dented fender, damage from fire, or theft. The deductibles you choose are how much you are required to spend if a claim is determined to be covered. The more expense you have to pay, the bigger discount you will receive for 911 coverage.
  • Drivers with excellent credit save – A driver’s credit score can be a huge factor in calculating your premium rate. Consumers who have high credit scores tend to be more responsible than those with bad credit. Therefore, if your credit could use some work, you could pay less to insure your 2007 Porsche 911 by taking the time to improve your credit score.
  • A lcar insurance lapse is a bad thing – Driving your car without having proper coverage is against the law and your next policy will cost more because you let your insurance expire. Not only will you pay more, the inability to provide proof of insurance can result in a fine, jail time, or a revoked license. Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.

Use discounts on auto insurance

Some companies do not advertise the complete list of policy discounts very clearly, so we took the time to find some of the best known and the harder-to-find credits that you can use to lower your rates. If you do not check that you are getting every discount available, you could be paying more than you need to.

  • Club Memberships – Participating in a civic or occupational organization is a good way to get lower rates on your bill.
  • Braking Control Discount – Cars with ABS and/or traction control can reduce accidents so you can save 10 percent or more.
  • Homeowners Savings – Just being a homeowner can earn you a little savings because owning a home is proof of financial responsibility.
  • Distant Student Discount – Children who live away from home to go to college and do not have a car may be able to be covered for less.
  • Drive Less and Save – Low annual miles can qualify you for slightly better prices than normal.
  • Pay Now and Pay Less – If paying your policy premium upfront instead of making monthly payments you can avoid the installment charge.
  • Discount for Life Insurance – Some insurance carriers give a small discount if you purchase life insurance from them.
  • Buy New and Save – Buying insurance on a new vehicle can be considerably cheaper since newer models are generally safer.
  • Discounts for Multiple Vehicles – Buying insurance for several vehicles on one policy qualifies for this discount.

We need to note that most of the big mark downs will not be given to the entire policy premium. Most only cut the cost of specific coverages such as comp or med pay. So even though you would think all those discounts means the company will pay you, companies don’t profit that way.

Some of the insurance companies who might offer most of the discounts above may include but are not limited to:

It’s a good idea to ask each company to apply every possible discount. Some credits may not apply to policies in your area. If you would like to see a list of insurance companies that can offer you the previously mentioned discounts, click this link.

Tailor your car insurance coverage to you

When buying the right insurance coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions might help in determining if your insurance needs may require specific advice.

  • Where can I find high-risk insurance?
  • Do I need special endorsements for business use of my vehicle?
  • Can I get a multi-policy discount?
  • Why am I required to buy liability insurance?
  • Does liability extend to a camper or trailer?
  • Does my 2007 Porsche 911 need full coverage?
  • What is the minimum liability in my state?
  • Should I buy more coverage than the required minimum liability coverage?
  • Who is covered when they drive my 2007 Porsche 911?
  • How much can I save by bundling my policies?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.

Insurance specifics

Having a good grasp of your insurance policy aids in choosing which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. These are typical coverages found on most insurance policies.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a bird, hitting a deer, a tree branch falling on your vehicle and theft. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

UM/UIM Coverage

Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries as well as damage to your Porsche 911.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Collision coverage

This coverage pays to fix your vehicle from damage resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like driving through your garage door, crashing into a building, backing into a parked car, rolling your car and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like chiropractic care, dental work, ambulance fees, doctor visits and X-ray expenses. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Liability coverage

Liability insurance will cover damage that occurs to other people or property that is your fault. It protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against things such as repair bills for other people’s vehicles, legal defense fees, medical expenses, emergency aid and loss of income. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford.

Summing up your car insurance search

In this article, we presented many tips how you can reduce 2007 Porsche 911 insurance prices online. The key thing to remember is the more companies you get rates for, the higher your chance of finding cheaper insurance coverage. Drivers may discover the lowest prices come from a small mutual company. These smaller insurers may have significantly lower rates on certain market segments as compared to the big name companies such as GEICO and State Farm.

Cheaper car insurance can be found on the web as well as from independent agents, and you should be comparing both to have the best selection. Some insurance providers do not provide the ability to get a quote online and most of the time these small, regional companies work with independent insurance agencies.

Additional detailed information can be read in the articles below:

Comments About 2007 Porsche 911 Insurance

  1. Yulanda Salas

    Cheap is not always the best policy. I’m in the suburbs of Norfolk, VA. Quoted rates from American Family, Sentry, and Travelers for my 2007 Porsche 911 and I think I saved about $70 each month. Insured with The General before. I even had a DUI years ago. I just quoted rates online.

  2. Markus Mcdonald

    Great info, thanks for posting. I live on the west side of Houston, Texas. I don’t recall every quote but I ended up saving about $60 each month. Left Mercury to switch. Thankfully I have a good driving record. I quoted rates online then called them.

  3. Francis Blanchard

    When should I drop comp and collision?

  4. Carl Woodward

    From a town just southwest of Concord, NH. Quoted with 21st Century, Encompass, and Liberty Mutual for my Porsche and saved just over $200 a year. I get lower rates because of my clean driving record. Did it all online.

  5. Marco Rodgers

    Affordable car insurance is a myth. I live on the south side of Biloxi, Mississippi. Got quotes from Auto-Owners, MetLife, and some smaller one I can’t remember the name of for my 2007 Porsche 911 and I think I saved about $30 each month.

  6. Irving Gamble

    I found cheap 2007 Porsche 911 insurance in Raleigh, NC with Allstate.

  7. Brandon Mckee

    Good site, thanks. I’m in the south part of Honolulu, HI. Checked online prices for a 2007 Porsche 911. Ended up at about $290 savings annually. Went with State Farm. It was easy to get rates.

  8. Gena Greene

    Not sure if this is cheap. I live on the west side of Springfield, Massachusetts. I compared lots of rates. Saved right around $60 a month. GEICO was the cheapest for me. Insured with Esurance before. I’m a pretty low risk driver.

  9. Mireya Zimmerman

    Anyone buy from Amica? I’m in Wilmington, DE.