Cheaper 2015 Porsche Cayman Car Insurance Quotes

No one enjoys paying for auto insurance, in particular when the cost is way too high.

Because you have many choices of insurance companies, it can be diffult for drivers to pick the lowest cost insurance company.

How to get insurance coverage rate quotes

There are several ways to compare rate quotes from many different insurance companies. The best method to find competitive Porsche Cayman insurance rates consists of obtaining rate quotes online. This can be done in a couple minutes as outlined below.

The easiest and least time consuming way to get quotes for comparison is a comparison rater form like this one (opens in new window). This easy form eliminates the need for repetitive form entry for each company you want a rate for. One form will return price quotes from multiple companies.

A different way to get comparison quotes is going to each company’s website and repeat the quote process again and again. For sake of this example, we’ll assume you want to view quotes from Geico, Allstate and GMAC. To get each rate you have to spend time going to each site individually to enter your coverage information, and that explains why we recommend the first method.

For a list of companies in your area, click here.

The method you choose is up to you, but compare exactly the same coverage information with every price quote. If your comparisons have differing limits it will be very difficult to determine the lowest rate for your Porsche Cayman. Slightly different limits could throw off the whole comparison. And when price shopping your coverage, obtaining a wide range of quotes helps increase your odds of locating a lower rate than you’re paying now. Some insurance companies are not set up to provide online rate quotes, so it’s recommended that you also compare quotes from those companies as well.

Get cheap rates by getting discounts

Companies don’t always publicize the complete list of policy discounts in a way that’s easy to find, so here is a list some of the best known and also the more inconspicuous auto insurance savings.

• ABS Brakes – Cars and trucks with anti-lock braking systems have fewer accidents so you can save 10 percent or more.
• Accident Free – Drivers who stay claim-free have much lower rates as compared to accident-prone drivers.
• Renewal Discounts – Some companies provide a discount for buying a new policy before your current policy expires. You could save around 10% when you buy car insurance online.
• College Student – Kids who are attending college and do not have a car may qualify for this discount.
• Waiver for an Accident – but some insurance companies will let one accident slide without the usual rate increase if you are claim-free before the accident.
• Theft Prevention Discount – Vehicles that have factory alarm systems and tracking devices can help prevent theft so companies will give you a small discount.
• Military Rewards – Being deployed with a military unit may qualify for rate reductions.

Consumers should know that many deductions do not apply to your bottom line cost. The majority will only reduce specific coverage prices like liability and collision coverage. Even though the math looks like you can get free auto insurance, you won’t be that lucky.

If you would like to choose from a list of auto insurance companies with discount auto insurance rates, click here.

Your insurance coverage should be tailored to you

When choosing the right insurance coverage, there is no “best” method to buy coverage. Everyone’s situation is unique and your policy should reflect that. For instance, these questions can aid in determining whether your personal situation would benefit from professional advice.

• Do I have coverage when making deliveries for my home business?
• Do I pay less if my vehicle is kept in my garage?
• Which companies will insure high-risk drivers?
• How can I get high-risk coverage after a DUI?
• Do I need to file an SR-22 for a DUI in my state?
• Does having multiple vehicles earn me a discount?
• Does coverage extend to my business vehicle?

If you can’t answer these questions but one or more may apply to you, you might consider talking to an agent. To find lower rates from a local agent, complete this form or click here for a list of insurance companies in your area.

Informed drivers can reduce their insurance prices

Many things are used in the calculation when quoting car insurance. Some of the criteria are obvious such as traffic violations, but some are more obscure such as whether you are married and annual miles driven.

The following are some of the things used by companies to determine rates.

• Don’t cut corners with liability coverage – The liability coverage on your policy will afford coverage if you are responsible for damages caused by your negligence. Liability insurance provides legal defense to attempt to prove you were not liable. This coverage is very inexpensive compared to insuring for physical damage coverage, so drivers should carry high limits.
• Low physical damage deductibles mean high prices – Insurance for physical damage, also called ‘full coverage’, is used to repair damage to your Porsche. Some examples of claims that would be covered are a broken windshield, hail damage, and windstorm damage. Physical damage deductibles are the amount of money you are required to pay if the claim is covered. The more of the claim the insured has to pay upfront, the lower your rates will be on Cayman coverage.
• Avoid coverage lapses – Not having insurance is a misdemeanor and any future policy may cost more because you let your insurance lapse for non-payment. And not only will your rates increase, failure to provide proof of insurance may result in fines and jail time. You could then be forced to file a SR-22 with your state department of motor vehicles.
• Drive lots and pay more – The more miles you rack up on your Porsche in a year the more it will cost to insure it. Most insurance companies charge rates based upon how you use the vehicle. Cars and trucks that are left in the garage qualify for better rates than cars that get driven a lot. Double check that your auto insurance coverage states the correct driver usage, because it can save money. An incorrectly rated Cayman can result in significantly higher rates.
• Safer cars lower auto insurance rates – Safer cars cost less to insure. Vehicles built for safety reduce injuries and lower injury rates translates into fewer and smaller insurance claims and lower rates for you.
• More policies can equal more savings – Lots of companies will award a discount to people who consolidate policies with them, otherwise known as a multi-policy discount. Even if you already get this discount, you still need to compare rates to help ensure you have the lowest rates.
• Do you need those incidental coverages? – There are quite a few extra coverages that sound like a good idea at the time if you aren’t careful. Things like personal injury protection, towing coverage, and motor club memberships may not be needed and are just wasting money. They may seem like a good idea when talking to your agent, but your needs may have changed so remove them and pocket the money.
• Cautious drivers pay less – Whether or not you get tickets influences premium rates substantially. Even one speeding ticket or other violation can bump up the cost to the point where it’s not affordable. Drivers with clean records get better prices than their less careful counterparts. Drivers with dangerous violations like DUI or reckless driving are required to prove financial responsibility with their state motor vehicle department in order to drive a vehicle legally.

Coverages available on your policy

Having a good grasp of car insurance can be of help when determining the best coverages at the best deductibles and correct limits. Car insurance terms can be difficult to understand and reading a policy is terribly boring. Shown next are typical coverage types found on the average car insurance policy.

Comprehensive (Other than Collision)

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as theft, damage from getting keyed, hitting a deer, hail damage and vandalism. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability

This coverage can cover damages or injuries you inflict on other people or property that is your fault. It protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 25/50/25 that translate to $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage pays for things such as loss of income, pain and suffering and bail bonds. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.

Medical expense insurance

Med pay and PIP coverage pay for bills for dental work, prosthetic devices, EMT expenses, nursing services and funeral costs. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Protection from uninsured/underinsured drivers

This protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and damage to your Porsche Cayman.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Collision coverage

Collision coverage will pay to fix damage to your Cayman caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as rolling your car, hitting a mailbox, hitting a parking meter, driving through your garage door and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. You can also increase the deductible to bring the cost down.

Be a money saver!

We covered many ways to lower your 2015 Porsche Cayman insurance car insurance rates. It’s most important to understand that the more providers you compare, the more likely it is that you will get a better rate. Consumers could even find that the most savings is with the smaller companies. Regional companies may only write in your state and offer lower premium rates than the large multi-state companies such as Allstate or State Farm.

More affordable insurance coverage is attainable from both online companies as well as from insurance agents, and you need to comparison shop both to have the best rate selection. Some insurance providers may not have the ability to get quotes online and many times these regional carriers only sell through independent insurance agencies.

To read more, feel free to visit the following helpful articles:

• Child Safety FAQ (iihs.org)
• Auto Insurance Learning Center (State Farm)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• A Tree Fell on Your Car: Now What? (Allstate)
• Rental Car Insurance Tips (Insurance Information Insitute)
• Safety Belts FAQ (iihs.org)