2015 Porsche 918 Spyder Car Insurance Quotes

Looking for lower car insurance rates for your Porsche 918 Spyder? Wish you could get a refund on overpriced car insurance? You’re preaching to the choir because there are many consumers feeling the pinch from expensive car insurance. Lots of auto insurance companies contend for your hard-earned dollar, and because of this it can be hard to compare insurance companies to find the lowest rate

Smart consumers take time to take a look at other company’s rates before your policy renews because rates tend to go up over time. Just because you had the best deal on 918 Spyder coverage a couple years back you will most likely find a better price today. Forget anything you know (or think you know) about car insurance because you’re about to learn how to use the internet to find great coverage at a great price.

If you have a current insurance policy or are just looking to switch companies, you can use these tips to get lower rates while maximizing coverage. Finding the best rates is quite easy. Vehicle owners only need to know the tricks to shop online.

These discounts can slash insurance coverage rates

Properly insuring your vehicles can get expensive, but you may qualify for discounts to reduce the price significantly. Some of these disounts will be visible when you complete an application, but some may not be applied and must be specifically requested in order for you to get them.

• Mature Driver Discount – Drivers over the age of 55 may be able to get a discount up to 10% on 918 Spyder coverage.
• Passenger Safety Discount – Cars that have air bags or automatic seat belts may get savings of more than 20%.
• College Student – Youth drivers living away from home attending college and do not have a car may be able to be covered for less.
• Discounts for Safe Drivers – Insureds without accidents can save up to 40% or more on their insurance coverage quote on 918 Spyder coverage as compared to drivers with claims.
• Defensive Driving Course – Taking time to complete a course in defensive driving could possibly earn you a 5% discount and also improve your driving technique.
• Online Discount – Some of the larger companies will provide an incentive for buying your policy on the internet.
• Early Signing – Some companies give discounts for buying a policy prior to the expiration date on your current policy. Ten percent is about the average savings.
• Memberships – Participating in a qualifying organization can get you a small discount on your next renewal.

A quick disclaimer, most credits do not apply to the entire policy premium. The majority will only reduce individual premiums such as comp or med pay. Just because it seems like it’s possible to get free car insurance, insurance coverage companies aren’t that generous.

Large insurance coverage companies and the discounts they provide can be read below.

• 21st Century offers premium reductions for theft prevention, teen driver, early bird, 55 and older, good student, and homeowners.
• Progressive offers discounts for continuous coverage, good student, homeowner, online quote discount, and multi-policy.
• State Farm has discounts for defensive driving training, safe vehicle, good student, driver’s education, and accident-free.
• Nationwide may have discounts that include multi-policy, good student, easy pay, Farm Bureau membership, and business or organization.
• Esurance policyholders can earn discounts including homeowner, Switch & Save, online quote, safety device, DriveSense, emergency road assistance, and multi-car.
• The Hartford has savings for vehicle fuel type, air bag, defensive driver, driver training, anti-theft, and good student.

Before you buy a policy, ask each company or agent which discounts you qualify for. Some of the discounts discussed earlier may not be offered in your area. If you would like to choose from a list of insurance companies that offer multiple discounts, click here to view.

The best way to get rate comparisons is to take advantage of the fact car insurance companies will pay a fee to quote your coverage. To get started, all you need to do is give the companies some data such as your general credit rating, whether you are married, whether your vehicle is owned or leased, and the make and model of your vehicles. The rating information is automatically sent to all major companies and you get price estimates almost instantly.

Choices you make can impact your insurance premiums

An important part of buying insurance is that you know the factors that aid in calculating your insurance rates. If you understand what impacts premium levels, this empowers consumers to make smart changes that may result in lower insurance prices. Many factors are taken into consideration when you get a price on insurance. Some of the criteria are obvious like your driving record, but others are not quite as obvious like your continuous coverage or how financially stable you are.

• Never let your insurance expire – Driving any period of time without insurance is a misdemeanor and as a result your rates will increase for letting your coverage lapse. And not only will insurance be more expensive, getting caught without coverage can result in a hefty fine and possibly a revoked license. You may then be required to submit proof of financial responsibility or a SR-22 with your state department of motor vehicles.
• Claim-free discounts can add up – Insurance companies give discounts to insureds who file claims infrequently. If you file claims often, you can definitely plan on either higher rates or even cancellation. Auto insurance is designed for claims that pose a financial burden.
• Poor credit can mean higher premiums – Your credit score can be an important factor in calculating your insurance rates. If your credit rating can use some improvement, you may save money insuring your 2015 Porsche 918 Spyder by repairing your credit. Drivers who have good credit tend to be more responsible and file fewer claims than drivers who have lower ratings.
• Bundle home and auto and save – Most major insurers will give lower prices to policyholders who consolidate policies with them. It’s known as a multi-policy discount. Discounts can add up to 10 percent or more. Even if you qualify for this discount already, it’s always a smart idea to compare other insurance prices to guarantee you are still saving the most.
• Teenagers are high risk – Older people tend to be more responsible, cost insurance companies less in claims , and are generally more financially stable.Teenage drivers are statistically shown to be inattentive with other occupants in the car therefore insurance rates are much higher.
• GPS tracking and theft deterrents reduce premiums – Selecting a car model that has an advanced theft prevention system can save you some money. Anti-theft devices like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help stop your vehicle from being stolen.
• Gender as a rate factor – The statistics show that females take fewer risks when driving. The data does not necessarily mean that men are WORSE drivers than women. Women and men have fender benders in similar percentages, but guys get into accidents with more damage. In addition to higher claims, males also get higher numbers of serious violations like driving under the influence (DUI).
• Save by driving less – The more miles you rack up on your Porsche in a year the more you’ll pay to insure your vehicle. Many insurance companies calculate rates determined by how the vehicle is used. Vehicles that have low annual miles can get a lower rate than those used for commuting. Double check that your insurance coverage reflects the correct usage for each vehicle. An incorrectly rated 918 Spyder may be wasting your money.

When do I need an agent’s advice?

When it comes to buying proper insurance coverage for your personal vehicles, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. For example, these questions might help in determining whether your personal situation would benefit from professional advice.

• Can I afford to buy a different vehicle if my 2015 Porsche 918 Spyder is totaled?
• Does my 2015 Porsche 918 Spyder need full coverage?
• Is my business laptop covered if it gets stolen from my vehicle?
• Is my teen driver covered when they drive my company car?
• Does my insurance cover a custom paint job?
• Will my insurance pay for OEM parts?
• Do I have coverage when using my vehicle for my home business?
• Am I covered if my car is in a flood?
• Do I get a pro-rated refund if I cancel my policy early?

If you’re not sure about those questions but a few of them apply, you may need to chat with an agent. If you don’t have a local agent, simply complete this short form or click here for a list of auto insurance companies in your area. It is quick, free and can help protect your family.

Auto insurance ads bend the truth

Consumers can’t escape the ads for the lowest price auto insurance from companies such as 21st Century, Allstate and State Farm. They all seem to convey the message about savings after switching your coverage to them.

How does each company charge less that you’re paying now? This is the trick they use.

All the different companies look for specific characteristics for the type of driver that makes them money. A good example of a desirable insured could be married and over the age of 30, insures multiple vehicles, and insures a new vehicle. Any driver who fits that profile will probably get the lowest premium rates and as a result will probably save a lot if they switch.

Insureds who don’t meet these criteria will get a higher rate with the end result being business not being written. Company advertisements say “drivers that switch” not “everyone that quotes” save that much money. That’s why companies can advertise the savings.

This illustrates why it is so important to quote coverage with many companies. It is just not possible to predict the company that will have the lowest rate quotes.

Insurance coverages explained

Knowing the specifics of a insurance policy can help you determine which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages available from insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Porsche 918 Spyder.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Collision coverage – This pays to fix your vehicle from damage from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision can pay for things such as rolling your car, crashing into a building, sideswiping another vehicle, hitting a parking meter and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Medical payments and PIP coverage – Med pay and PIP coverage provide coverage for bills like prosthetic devices, doctor visits and nursing services. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Comprehensive auto coverage – This coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as theft, damage from flooding, falling objects and damage from getting keyed. The maximum payout your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability coverage – Liability coverage protects you from damages or injuries you inflict on other people or property by causing an accident. This coverage protects you from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims like funeral expenses, repair costs for stationary objects, structural damage and medical expenses. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Make an honest buck

Cost effective 2015 Porsche 918 Spyder insurance can be purchased both online and also from your neighborhood agents, so get free insurance coverage quotes from both of them to have the best chance of lowering rates. Some companies do not offer internet price quotes and most of the time these small insurance companies work with independent agents.

We covered a lot of tips how to shop for 2015 Porsche 918 Spyder insurance online. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. You may be surprised to find that the biggest savings come from a small mutual company. They may cover specific market segments cheaper compared to the large companies like Allstate and Progressive.

More tips and info about insurance can be read at these sites:

• Steps to Take After an Auto Accident (Insurance Information Insitute)
• Understanding Your Insurance Deductible (Insurance Information Insitute)
• Determing Auto Insurance Rates (Geico)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Parking Tips to Reduce Door Dings (State Farm)
• What is Covered by GAP Insurance? (Allstate)