How Much Does 2009 Porsche Boxster Insurance Cost?

Trying to find cheaper insurance rates for your Porsche Boxster? If you are new to online insurance, by this point your are probably baffled thanks to all the different types of insurers all promising to save you money.

It is always a good idea to shop coverage around as often as possible since insurance prices are usually higher with each renewal. If you had the best price on Boxster coverage six months ago you will most likely find a better rate quote today. Ignore everything you know about insurance because you’re about to learn the tricks you need to know to buy cheaper insurance.

Discount auto insurance quotes

Some insurance providers don’t necessarily list every discount they offer in an easy-to-find place, so we researched a few of the more common and also the lesser-known discounts you could be receiving when you buy auto insurance online.

• Professional Memberships – Being a member of specific professional or occupational memberships or organizations is a simple method to lower premiums on your policy.
• Active Military Service – Being deployed in the military could mean lower rates.
• Telematics Discount – Drivers who agree to allow data collection to study vehicle usage by using a small device installed in their vehicle such as Snapshot from Progressive or Drivewise from Allstate could see a rate decrease as long as they are good drivers.
• Federal Employees – Employees or retirees of the government could qualify for a slight premium decrease on Boxster coverage with a few auto insurance companies.
• Student in College – Kids who live away from home at college and won’t have access to an insured vehicle could qualify for this discount.
• Pay Early and Save – If you pay your entire premium ahead of time rather than paying monthly you can avoid the installment charge.
• Auto/Home Discount – When you have multiple policies and insure them with the same company you could get a discount of as much as 10 to 15 percent.

You should keep in mind that some of the credits will not apply to the overall cost of the policy. Most only reduce specific coverage prices like liability, collision or medical payments. Despite the fact that it seems like adding up those discounts means a free policy, you’re out of luck.

Larger auto insurance companies and their possible discounts can be found below.

• Farm Bureau has savings for good student, 55 and retired, renewal discount, youthful driver, multi-vehicle, and safe driver.
• State Farm includes discounts for Drive Safe & Save, driver’s education, good driver, multiple policy, accident-free, and passive restraint.
• Progressive offers discounts for online signing, homeowner, good student, online quote discount, and multi-policy.
• Allstate offers discounts including early signing, senior citizen, premier discount, anti-lock brakes, good student, and economy car.
• Nationwide policyholders can earn discounts including good student, easy pay, business or organization, accident-free, anti-theft, and family plan.
• MetLife offers premium reductions for good student, defensive driver, good driver, claim-free, accident-free, and multi-policy.

Before buying, ask each insurance company to apply every possible discount. Some credits might not be offered on policies everywhere. To find insurers who offer cheap auto insurance quotes, click here to view.

Finding auto insurance

To get affordable auto insurance quotes, there a variety of ways to get quotes from many auto insurance companies in your state. The easiest way to find competitive 2009 Porsche Boxster insurance rates involves getting comparison quotes online. This is quite simple and can be completed by using one of the methods below.

• Hands down the most simple method to find low rates is an all-inclusive rate comparison (click to open form in new window). This style of form eliminates the need for a different quote for each company. Taking the time to complete one form will get you price quotes from auto insurance companies with the best prices. Just one form and you’re done.
• A slightly less efficient method to obtain and compare quotes online is spending the time to visit the website of each company and fill out a new quote form. For example, we’ll assume you want to get rates from Allstate, State Farm and GMAC. You would be required to visit each site and enter your policy data, which is why first method is reommended. For a handy list of car insurance company links in your area, click here.
• The least efficient and most time consuming way to shop rates is actually driving to all the different insurance agencies. The ability to buy insurance online eliminates the need for an insurance agent unless you want the professional advice that only a licensed agent can provide. Drivers can price shop online but still have the advice of a local agent.

It doesn’t matter which method you choose, just do your best to enter the same quote information for every quote you compare. If you are comparing mixed coverages you will not be able to determine which rate is truly the best. Just slight variations in insurance coverages or limits may result in a large different in cost. And when price shopping your coverage, having more price comparisons increases your odds of finding more affordable rates.

Learn how to get auto insurance cheaper

Multiple criteria are part of the calculation when premium rates are determined. Some are pretty understandable like your driving record, although others are less apparent like where you live or your financial responsibility.

• Big cities mean more claims – Choosing to live in a rural area can save you money when talking about auto insurance. Residents of big cities tend to have more auto accidents and more time behind the wheel. Fewer drivers on the road translates into fewer accident claims in addition to fewer liability claims.
• Additional coverages that may be costing you – Insurance companies have many optional add-on coverages you can purchase on your auto insurance policy. Insurance for things like coverage for rental cars, death and dismemberment, and extra equipment coverage may not be needed and are just wasting money. These may sound like a good investment when discussing your needs, but your money might be better spent on other coverage so remove them from your policy.
• Stay claim-free and save – If you file claims often, you can definitely plan on higher premiums or even policy non-renewal. Companies provide the lowest premiums to policyholders who only file infrequent claims. Your car insurance is intended for claims that you cannot pay yourself.
• Teen drivers pay high prices – Beginning drivers tend to be more careless when at the wheel of a vehicle and because of this, their auto insurance rates are much higher. Mature drivers are more responsible, file fewer claims and are safer drivers.
• High coverage deductibles lower premiums – Deductibles for physical damage are the amount of money you are willing to pay if you file a covered claim. Insurance for physical damage, otherwise known as comp (or other than collision) and collision, protects your car from damage. A few examples of covered claims are rearending another vehicle, animal collisions, and having a roll-over accident. The more you pay before a claim is paid (deductible), the less your company will charge you for insurance on Boxster coverage.
• How’s your driving record? – Having just one driving citation can increase rates by twenty percent. Good drivers pay less for auto insurance as compared to careless drivers. Drivers who get dangerous violations such as DUI or willful reckless driving may need to prove financial responsibility with their state motor vehicle department in order to legally drive a vehicle.
• Good credit means lower costs – Your credit rating can be a huge factor in determining what you pay. People with excellent credit tend to be more responsible and file fewer claims than drivers who have lower ratings. If your credit score is low, you may save money insuring your 2009 Porsche Boxster if you improve your credit rating.
• Consolidate policies and save money – Most larger auto insurance companies will award a discount to customers that have more than one policy such as combining an auto and homeowners policy. The discount can be ten or even fifteen percent. Even if you’re getting this discount it’s in your best interest to shop around to guarantee you are still saving the most.There is a chance you can save even more than the discount even if you insure with multiple companies

Tailor your car insurance coverage to you

When it comes to buying coverage, there really is no best way to insure your cars. Everyone’s situation is unique.

For instance, these questions can help discover whether your personal situation would benefit from professional advice.

• Do I need medical payments coverage since I have good health insurance?
• Do I need more liability coverage?
• Can my babysitter drive my car?
• When can I cancel my policy?
• Does my 2009 Porsche Boxster qualify for pleasure use?
• Is a fancy paint job covered?
• Do I need higher collision deductibles?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form.

Do you really save 40% when you switch?

Big name companies like Allstate and Progressive seem to constantly run television and radio advertisements. All the companies make an identical promise that you’ll save big if you move your coverage to them. Is it even possible that every company can claim to save you money? This is the way they can do it.

Insurance companies have underwriting criteria for the type of insured they prefer to insure. One example of this type of risk profile might have to be a married female, owns their home, and drives less than 7,500 miles a year. Any new insured who fits those characteristics receives the best car insurance rates and as a result will probably pay quite a bit less when switching companies.

Potential customers who do not match those criteria will see a higher rate and the prospect going elsewhere. The trick is to say “drivers who switch” not “all people who quote” save the amount stated. That’s the way companies can state the savings.

Because each company has a different risk profile, you should compare quotes as often as possible. Because without a comparison, you cannot know the company that will have the best car insurance rates.

Auto insurance policy specifics

Understanding the coverages of auto insurance can help you determine which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Porsche Boxster.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Auto liability

This coverage will cover damages or injuries you inflict on other’s property or people. It protects you against other people’s claims, 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 policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for things such as court costs, attorney fees, structural damage, pain and suffering and funeral expenses. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like chiropractic care, doctor visits and ambulance fees. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like hail damage, theft and rock chips in glass. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Coverage for collisions

Collision coverage will pay to fix damage to your Boxster resulting from a collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like hitting a mailbox, sustaining damage from a pot hole and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to bring the cost down.

Best coverage at the best price

The cheapest 2009 Porsche Boxster insurance is possible both online and with local insurance agents, and you need to comparison shop both to get a complete price analysis. Some companies do not offer the ability to get a quote online and usually these small, regional companies sell through independent agents.

You just read some good ideas how you can reduce 2009 Porsche Boxster insurance rates online. The most important thing to understand is the more companies you get auto insurance rates for, the better chance you’ll have of finding cheaper auto insurance. You may be surprised to find that the lowest priced car insurance comes from a smaller regional carrier.

People change insurance companies for a number of reasons such as denial of a claim, an unsatisfactory settlement offer, being labeled a high risk driver or delays in paying claims. Regardless of your reason, choosing a new company is actually quite simple.

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

• Cellphones, Texting and Driving (iihs.org)
• Keeping Children Safe in Crashes Video (iihs.org)
• Distracted Driving Statistics (Insurance Information Insitute)
• Understanding your Policy (NAIC.org)
• Air Bags: Potential Dangers to Your Children (Insurance Information Insitute)