2012 Porsche Boxster Insurance Quotes – 9 Policy Discounts

Having to pay for high-priced Porsche Boxster insurance can diminish your accounts and possibly require you to analyze your spending habits. Price shopping at each renewal is free and is an excellent way to make ends meet.

Big companies like Geico, Farmers Insurance and State Farm constantly blast consumers with advertising and it can be hard to ignore the flying pigs and cute green geckos and find the best price available.

Get lower-cost insurance coverage rates with discounts

Car insurance is not cheap, but discounts can save money and there are some available that could drop your premiums quite a bit. Some trigger automatically at the time you complete a quote, but some must be manually applied before being credited. If you aren’t receiving every discount possible, it’s possible you qualify for a lower rate.

• More Vehicles More Savings – Insuring primary and secondary vehicles with one company can reduce rates for all insured vehicles.
• Club Memberships – Affiliation with a civic or occupational organization may earn a discount on your next insurance coverage statement.
• No Charge for an Accident – This one isn’t a discount, but companies like Libery Mutual, Geico and Allstate will forgive one accident without the usual rate increase if your claims history is clear for a specific time period.
• Buy New and Save – Buying a new car instead of a used car can save up to 30% because new vehicles have to meet stringent safety requirements.
• Multiple Policy Discount – When you combine your auto and homeowners insurance and place coverage with the same company you may earn at least 10 to 15 percent or more.
• Low Miles Discount – Low annual miles could qualify for lower premium rates on the low mileage vehicles.
• Pay Early and Save – If paying your policy premium upfront rather than paying in monthly installments you may have a lower total premium amount.
• Lower Rates for Military – Being on active deployment in the military could mean lower premium rates.
• Distant Student Discount – Older children who are enrolled in a college that is more than 100 miles from home and don’t have a car could get you a discount.

As is typical with insurance, most credits do not apply to all coverage premiums. Some only apply to individual premiums such as physical damage coverage or medical payments. So when the math indicates you can get free auto insurance, you’re out of luck.

Larger insurance coverage companies and a partial list of their discounts can be read below.

• The Hartford may include discounts for driver training, bundle, anti-theft, defensive driver, and good student.
• American Family offers discounts including good driver, Steer into Savings, mySafetyValet, defensive driver, and air bags.
• Progressive may offer discounts for continuous coverage, good student, online signing, homeowner, and multi-vehicle.
• Travelers discounts include driver training, hybrid/electric vehicle, payment discounts, continuous insurance, early quote, and save driver.
• Farmers Insurance offers discounts for bundle discounts, pay in full, electronic funds transfer, youthful driver, and teen driver.
• USAA offers premium reductions for multi-policy, vehicle storage, defensive driver, annual mileage, multi-vehicle, and driver training.
• Liberty Mutual may have discounts that include multi-car, newly retired, good student, multi-policy, exclusive group savings, and safety features.

Before you buy a policy, ask each company or agent which discounts they offer. A few discounts may not apply to policies in every state. For a list of insurance companies who offer insurance coverage discounts, click here.

Tailor your auto insurance coverage to you

When buying the best auto insurance coverage, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out if you will benefit from professional help.

• Do I need to file an SR-22 for a DUI in my state?
• Am I covered if I hit my neighbor’s mailbox?
• Is a new car covered when I drive it off the dealer lot?
• What are the financial responsibility laws in my state?
• Am I missing any policy discounts?
• Am I covered by my spouse’s policy after a separation?
• Does liability extend to a camper or trailer?
• Will my insurance pay for OEM parts?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Advertising myths

Well-known insurance coverage companies like Allstate, Geico and Progressive endlessly run television, radio, and online ads. All the ads try to convey promises that drivers will save a bundle if you just switch to them. How does every insurance coverage company lower your car insurance rates? This is how they do it.

Insurance coverage companies have specific characteristics for the type of driver that is profitable for them. For instance, this type of driver could be over the age of 40, has never had a policy lapse, and drives a lower-performance vehicle. Any new insured who meets those qualifications will get very good prices as well as save when switching.

Drivers who don’t measure up to these stringent criteria may receive higher premium rates with the end result being the customer buying from a different company. The ads say “drivers that switch” not “all people who quote” can get the lowest rates when switching. That is how insurance companies can state the savings. Because of the profiling, you absolutely need to do a quote comparison often. It’s impossible to know which company will have the lowest rates.

Coverage specifics

Understanding the coverages of a insurance policy can be of help when determining appropriate coverage for your vehicles. The terms used in a policy can be confusing and reading a policy is terribly boring. Shown next are typical coverages found on the average insurance policy.

Auto liability – Liability coverage can cover damage that occurs to other’s property or people. It protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things like structural damage, emergency aid, court costs and pain and suffering. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.

Comprehensive coverage (or Other than Collision) – This coverage covers damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like damage from getting keyed, damage from flooding, hitting a deer and hitting a bird. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision – Collision insurance pays for damage to your Boxster from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as scraping a guard rail, sustaining damage from a pot hole, crashing into a building, hitting a parking meter and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible in order to get cheaper collision rates.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like chiropractic care, nursing services, prosthetic devices, dental work and hospital visits. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your Porsche Boxster.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Don’t throw your cash in the trash

As you restructure your insurance plan, you should never buy poor coverage just to save money. There are a lot of situations where consumers will sacrifice comprehensive coverage or liability limits only to discover later that it was a big error on their part. Your objective should be to buy enough coverage at the lowest possible cost while not skimping on critical coverages.

Budget-conscious 2012 Porsche Boxster insurance can be sourced on the web and from local insurance agents, so you should compare both to have the best selection. Some insurance companies don’t offer online rate quotes and these regional insurance providers provide coverage only through independent agents.

Additional detailed information is available in the articles below:

• Airbag FAQ (iihs.org)
• Auto Insurance FAQ (Farmers Insurance)
• Can I Drive Legally without Insurance? (Insurance Information Insitute)
• If I File a Claim will My Insurance Go Up? (Insurance Information Insitute)
• Should I Buy a New or Used Car? (Allstate)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)