2008 Porsche Cayenne Insurance Quotes – 6 Tricks for Cheapest Rates

Searching for the cheapest auto insurance rates for your Porsche Cayenne? Sick and tired of wondering where the money will come from to pay auto insurance each month? You have the same problem as millions of other people.

Insurance companies such as Allstate, Liberty Mutual and State Farm increase brand awareness with ads and it is difficult to see past the corporate glitz and take the time to shop coverage around.

How to get car insurance quotes

Performing a rate comparison can take hours if you aren’t aware of the easiest way. You could spend the better part of a day talking about coverages with insurance companies in your area, or you could use the web to get rates in a matter of minutes.

Most of the larger companies enroll in a system where insurance shoppers enter their policy data once, and each participating company then returns a price quote based on that information. 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 single downside to getting quotes like this is buyers cannot specifically choose which insurance companies to receive prices from. If you would rather choose specific insurance companies for rate comparison, we put together a list of car insurance companies in your area. Click to view list.

Whichever method you choose, make darn sure you compare nearly identical deductibles and coverage limits on every quote you get. If you enter differing limits you will not be able to determine the best price for your Porsche Cayenne. Quoting even small variations in coverage limits may result in a large different in cost. It’s important to know that comparing more quotes will improve the odds of getting the best rates. Not every company provides online rate quotes, so it’s recommended that you also compare prices from those companies as well.

Get lower rates with these six insurance coverage discounts

Companies do not list the entire discount list in an easy-to-find place, so we took the time to find some of the more common and the harder-to-find savings tricks you should be using when you buy insurance online. If you do not double check each discount you qualify for, you’re just leaving money on the table.

• Accident Waiver – This one isn’t a discount, but a handful of insurance companies allow you one accident before they charge you more for coverage so long as you are claim-free prior to the accident.
• Homeowners Savings – Owning a house can save a few bucks because maintaining a house requires a higher level of personal finance.
• Save over 55 – Drivers that qualify as senior citizens are able to get lower premium rates for Cayenne insurance.
• Anti-lock Brake Discount – Anti-lock brake equipped vehicles are safer to drive and will save you 10% or more.
• Fewer Miles Equal More Savings – Driving less could earn cheaper insurance coveragerates.
• Seat Belt Discounts – Requiring all passengers to buckle their seat belts could save 15% off the PIP or medical payment premium.

Remember that some of the credits will not apply to all coverage premiums. Most only cut specific coverage prices like physical damage coverage or medical payments. Despite the appearance that all those discounts means the company will pay you, nobody gets a free ride. Any qualifying discounts will positively reduce your premiums.

Some companies who might offer these benefits are:

• Progressive
• The Hartford
• Mercury Insurance
• Geico
• AAA
• State Farm

When comparing rates, check with each company or agent which discounts you qualify for. Some of the earlier mentioned discounts might not be offered in your state.

Car insurance can get complicated

When it comes to choosing proper insurance coverage for your vehicles, there really is no perfect coverage plan. Every situation is different so this has to be addressed. These are some specific questions may help you determine whether you might need professional guidance.

• Is my ex-spouse still covered by my policy?
• What discounts do I qualify for?
• Do I need special endorsements for business use of my vehicle?
• Does my policy cover me when driving someone else’s vehicle?
• Am I covered when driving a rental car?
• Do I pay less for low miles?
• How much can I save by bundling my policies?
• When would I need rental car insurance?
• Is motorclub coverage worth it?
• Will my insurance pay for OEM parts?

If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Can switching companies really save?

Companies like Progressive, Geico, Allstate and State Farm endlessly run television, radio, and online ads. All the companies make the same claim that people will save just by switching to their company. How do they all charge you less for car insurance?

Different companies quote their cheapest rates for the right customer they prefer to insure. An example of this type of insured may need to be between 30 and 50, has other policies, and chooses high deductibles. Anyone who matches those parameters will get the preferred rates and as a result will probably save a lot if they switch.

Insureds who don’t qualify for those standards must pay more expensive rates with the end result being the customer buying from a different company. If you pay close attention to the ads, they say “customers who switch” not “everyone that quotes” save money. That’s the way insurance companies can claim big savings.

Because every company is different, drivers should get insurance quotes as often as possible. It’s just not possible to know which insurance coverage company will have the best prices at this point in time.

Insurance coverage specifics

Having a good grasp of insurance can be of help when determining the right coverages for your vehicles. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverage types found on the average insurance policy.

Auto collision coverage

Collision insurance will pay to fix damage to your Cayenne resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as crashing into a building, colliding with another moving vehicle, damaging your car on a curb, sustaining damage from a pot hole and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to increase the deductible to bring the cost down.

Coverage for medical expenses

Med pay and PIP coverage provide coverage for short-term medical expenses such as ambulance fees, funeral costs, dental work, chiropractic care and EMT expenses. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover you and your occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability insurance

This coverage protects you from damage or injury you incur to people or other property. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against claims like legal defense fees, medical services, structural damage, pain and suffering and medical expenses. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive insurance

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as damage from getting keyed, vandalism and damage from flooding. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Porsche Cayenne.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Normally the UM/UIM limits are similar to your liability insurance amounts.

Best coverage at the best price

In this article, we presented quite a bit of information on how to lower your 2008 Porsche Cayenne insurance rates. The most important thing to understand is the more price quotes you have, the better likelihood of getting inexpensive insurance. Consumers could even find that the best price on insurance coverage is with the smaller companies. Some small companies may cover specific market segments cheaper than their larger competitors like Progressive and Geico.

When buying insurance coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many situations where someone sacrificed collision coverage only to discover later that it was a big mistake. Your strategy should be to purchase a proper amount of coverage for the lowest price.

For more information, link through to the following helpful articles:

• Side Impact Crash Tests (iihs.org)
• Neck Injury FAQ (iihs.org)
• Credit Impacts Car Insurance Rates (State Farm)
• Older Driver Statistics (Insurance Information Insitute)
• Understanding your Policy (NAIC.org)