Compare 2014 Porsche Panamera Car Insurance Quotes

Locating better insurance prices for a new or used Porsche Panamera could be a lot of work, but you can use these tips to save time.

There is a better way to find insurance coverage online so you’re going to learn the absolute fastest way to get price quotes for a Porsche and locate the cheapest rates from local insurance agents and online providers.

If you are insured now or are looking for a new policy, you can use these techniques to find the best rates while maximizing coverage. Shopping for the lowest cost protection is quite easy. Drivers only need to know the tricks to buy insurance coverage online.

The best way to compare policy rates utilizes the fact all the major auto insurance companies have advanced systems to compare their rates. All consumers are required to do is give them rating details like how much school you completed, if it has an anti-theft system, whether your vehicle is owned or leased, and how much you drive. That information is then submitted to multiple companies and they return rate quotes almost instantly.

Lower rate quotes with discounts

The cost of insuring your cars can be expensive, but you may qualify for discounts that can help lower your rates. Certain reductions will be credited at the time of quoting, but occassionally some discounts must be requested specifically before they will apply.

• Waiver for an Accident – Not a discount per se, but some companies like Geico, Allstate and Liberty Mutual may permit one accident without raising rates with the catch being you have to be claim-free for a set time period.
• Safety Course Discount – Participating in a course in safe driver could earn you a small percentage discount if your company offers it.
• Save over 55 – If you’re over the age of 55, you could receive a small decrease in premiums for Panamera coverage.
• Driver’s Ed – Cut your cost by having your teen driver enroll and complete driver’s education if offered at their school.
• No Claims – Drivers with accident-free driving histories have much lower rates compared to frequent claim filers.
• Telematics Data – Drivers that enable their company to spy on their driving habits by using a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive might see lower rates if they show good driving skills.
• Distant Student – Youth drivers who live away from home to go to college and don’t have a car could qualify for this discount.
• Discounts for Cautious Drivers – Insureds without accidents may save up to 50% more for Panamera coverage compared to rates paid by drivers with frequent claims.
• Seat Belt Discounts – Buckling up and requiring all passengers to buckle up can save up to 10 percent (depending on the company) off the medical payments premium.

A little note about advertised discounts, many deductions do not apply to the entire cost. Some only reduce the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears all those discounts means the company will pay you, insurance companies wouldn’t stay in business.

A few popular companies and some of the discounts are shown below.

• Geico may offer discounts for federal employee, multi-policy, anti-lock brakes, seat belt use, membership and employees, and daytime running lights.
• Travelers offers premium reductions for early quote, hybrid/electric vehicle, multi-policy, IntelliDrive, new car, save driver, and payment discounts.
• Farm Bureau has discounts for 55 and retired, multi-policy, renewal discount, multi-vehicle, safe driver, good student, and driver training.
• Liberty Mutual may have discounts that include new move discount, multi-car, newly retired, multi-policy, exclusive group savings, hybrid vehicle, and new graduate.
• American Family includes discounts for good student, early bird, accident-free, good driver, bundled insurance, Steer into Savings, and mySafetyValet.
• Progressive offers discounts for multi-policy, good student, online quote discount, multi-vehicle, homeowner, continuous coverage, and online signing.

Before buying, ask each company or agent to apply every possible discount. Some discounts listed above may not be offered in your state. To choose providers with discount rates, click here to view.

What is the best car insurance coverage?

When it comes to buying coverage, there really is not a one size fits all plan. Everyone’s needs are different.

Here are some questions about coverages that might help in determining if your situation will benefit from professional help.

• Is my 2014 Porsche Panamera covered for flood damage?
• Do I have any recourse if my insurance company denies a claim?
• What discounts do I qualify for?
• Is business property covered if stolen from my car?
• How much liability do I need to cover my assets?
• Will filing a claim cost me more?
• Should I put collision coverage on all my vehicles?
• Should I sign the liability waiver when renting a car?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an agent. If you don’t have a local agent, fill out this quick form. It is quick, free and can provide invaluable advice.

Specific coverage details

Knowing the specifics of your policy aids in choosing which coverages you need for your vehicles. Insurance terms can be confusing and nobody wants to actually read their policy.

Collision coverages – Collision coverage will pay to fix damage to your Panamera resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims such as colliding with a tree, sideswiping another vehicle, backing into a parked car, hitting a mailbox and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, 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 set the same as your liablity limits.

Liability coverage – This coverage will cover damage that occurs to other people or property. This insurance protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things like medical expenses, bail bonds and attorney fees. How much coverage you buy is up to you, but buy higher limits if possible.

Comprehensive insurance – This pays to fix your vehicle from 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 things such as damage from getting keyed, rock chips in glass and hitting a deer. The maximum amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for medical expenses – Med pay and PIP coverage reimburse you for immediate expenses for X-ray expenses, funeral costs, prosthetic devices and chiropractic care. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay