View 2015 Porsche 911 Insurance Rates

Policy discounts save money, but most discounts do not apply to the entire cost. Most only reduce specific coverage prices like liability, collision or medical payments. So despite the fact that it appears all those discounts means the company will pay you, that’s just not realistic.

Large auto insurance companies and their offered discounts are included below.

• Geico offers discounts for federal employee, daytime running lights, membership and employees, anti-lock brakes, air bags, multi-policy, and anti-theft.
• Mercury Insurance discounts include professional/association, low natural disaster claims, age of vehicle, anti-theft, multi-policy, multi-car, and type of vehicle.
• Farmers Insurance includes discounts for youthful driver, homeowner, electronic funds transfer, business and professional, and mature driver.
• Auto-Owners Insurance may have discounts that include paperless, safe driver, good student, multi-policy, and air bags.
• Liberty Mutual has discounts for multi-policy, multi-car, new move discount, newly married, and newly retired.
• SAFECO policyholders can earn discounts including bundle discounts, multi-car, teen safe driver, safe driver, and teen safety rewards.
• Progressive may offer discounts for homeowner, online quote discount, multi-policy, continuous coverage, online signing, and multi-vehicle.
• USAA may include discounts for multi-vehicle, military installation, good student, new vehicle, vehicle storage, annual mileage, and safe driver.

Check with every prospective company which discounts you qualify for. A few discounts might not be available to policyholders in your area.

Smart consumers can lower their insurance rates

When buying insurance it’s important to understand some of the factors that come into play when calculating your policy premiums. If you know what impacts premium levels, this enables informed choices that could help you find lower rates.

• Multiple policies with one company can save – Many insurers provide lower prices to policyholders that purchase more than one policy. It’s known as a multi-policy discount. Even though this discount sounds good, it’s in your best interest to check prices from other companies to help guarantee you have the best rates. Drivers may still save money even if you have your coverage with different companies
• Vehicles with better crash test results mean better prices – Vehicles that have high safety ratings tend to have better insurance rates. The safest vehicles protect occupants better and lower injury rates translates into fewer and smaller insurance claims which can result in lower premiums.
• Your stress level may be raising your premiums – Did you know your career choice can influence rates? Careers like real estate brokers, business owners and emergency personnel are shown to have higher premium rates because of intense work-related stress and extremely grueling work hours. Other careers such as actors, engineers and homemakers receive lower rates for 911 insurance.
• Do you have enough liability? – The liability coverage on your policy provides coverage in the event that you are found to be at fault for an accident. It provides legal defense coverage up to the limits shown on your policy. Liability insurance is pretty cheap when compared with rates for comp and collision, so do not skimp.
• Is insurance cheaper for men or women? – Statistics have proven that men are more aggressive behind the wheel. However, don’t assume that males are worse at driving than females. Both sexes are responsible for auto accidents at a similar rate, but men tend to have more serious accidents. Not only that, but men also get higher numbers of serious violations like DUI and reckless driving.
• Bump up coverage deductibles to lower rates – Protection for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, helps pay for damage to your vehicle. Some examples of claims that would be covered could be running into the backend of another car, damage caused by hail, and burglary. Your deductibles tell how much the insured will be required to pay if the claim is covered. The more expense you are required to pay out-of-pocket, the better rate you will receive for 911 insurance.

Tailor your car insurance coverage to you

When buying adequate coverage, there really is no single plan that fits everyone. Every situation is different so your insurance needs to address that. For instance, these questions could help you determine whether or not you might need professional guidance.

• Can I drive in Mexico and have coverage?
• Is my nanny covered when driving my vehicle?
• Should I put collision coverage on all my vehicles?
• Should I carry comprehensive and collision coverage?
• Why is insurance for a teen driver so high?
• How do I file an SR-22 for a DUI in my state?
• Does coverage extend to my business vehicle?
• Do I have coverage when using my vehicle for my home business?
• When should I remove comp and collision on my 2015 Porsche 911?

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

Ads can be misleading

Car insurance providers like 21st Century, Allstate and State Farm consistently run ads on television and other media. All the companies make the point that people will save if you move to them. It sounds good, but how can they all offer you a better deal? It’s all in the words they use.

Car insurance companies require specific criteria for the type of driver that earns them the most money. An example of this type of risk profile might be over the age of 35, carries full coverage, and has excellent credit. Anybody who fits that profile will get low auto insurance rates and as a result will probably save some money.

Potential customers who fall outside the “perfect” profile will get a higher premium which leads to business not being written. The ad wording is “drivers who switch” not “everyone who quotes” will save that much if they switch. That’s the way insurance companies can confidently claim big savings.

This illustrates why you absolutely need to get price quotes at each policy renewal. It is just not possible to predict with any certainty which company will give you lower prices than your current company.

Car insurance coverage breakdown

Learning about specific coverages of car insurance aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverage types found on most car insurance policies.

Collision – Collision coverage pays to fix your vehicle from damage resulting from a collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things like sustaining damage from a pot hole, sideswiping another vehicle, crashing into a building, colliding with a tree and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also choose a higher deductible to bring the cost down.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for funeral costs, nursing services and ambulance fees. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage – This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Porsche 911.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive or Other Than Collision – This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like fire damage, hitting a bird and a tree branch falling on your vehicle. The maximum payout your car insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability insurance – This coverage provides protection from damage that occurs to other people or property that is your fault. This insurance protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Another option is a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for things such as medical expenses, loss of income, repair costs for stationary objects and court costs. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Get your money’s worth

In this article, we presented many ways to save on 2015 Porsche 911 insurance. The key concept to understand is the more you quote insurance, the more likely it is that you will get a better rate. Drivers may discover the lowest prices are with a smaller regional carrier. These smaller insurers may cover specific market segments cheaper compared to the large companies like Allstate or State Farm.

When you buy insurance online, make sure you don’t skimp on coverage in order to save money. Too many times, someone sacrificed full coverage only to find out that their decision to reduce coverage ended up costing them more. Your strategy should be to buy a smart amount of coverage at the lowest possible cost.

Helpful learning opportunities

• Safety Belts FAQ (iihs.org)
• Avoiding Deer Collisions (Insurance Information Insitute)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Parking Tips to Reduce Door Dings (State Farm)