How Much Does 1991 Porsche 928 Car Insurance Cost?

Looking for better auto insurance rates? Shoppers have lots of choices when shopping for the lowest priced Porsche 928 insurance. You can either spend your time calling around to compare prices or save time using the internet to compare rates.

There is a better way to buy auto insurance and we’ll show you the proper way to get price quotes on a Porsche and locate the lowest possible price from local insurance agents and online providers.

If you have a current insurance policy or are looking for a new policy, you can use these techniques to cut your premiums while maximizing coverage. The purpose of this post is to teach you how to effectively get price quotes. Drivers just need to know the proper methods to compare price quotes over the internet.

Insurance Coverage Prices

There are a lot of ways to compare insurance coverage quotes, but one way is easier and takes less work. You can spend your afternoon talking to insurance agencies in your area, or you could save time and use online quoting to get rates in a matter of minutes.

Most of the larger companies participate in a marketplace where prospective buyers send in one quote, and each participating company returns a rated price based on the submitted data. This system prevents you from having to do form submissions for each company you want a rate for. To fill out one form to compare multiple rates now click here (opens in new window).

The only drawback to comparing rates this way is buyers cannot specifically choose the insurers you want pricing from. So if you want to select specific insurance companies to receive pricing from, we have a page of the cheapest insurance coverage companies in your area. Click here to view list.

It’s up to you how you get prices quotes, just ensure you are comparing identical coverages with every price quote. If each company quotes unequal deductibles or liability limits you can’t possibly truly determine the lowest rate.

Do you really save 40% when you switch?

Drivers get pounded daily by advertisements for cheaper car insurance from the likes of Progressive, Geico, Allstate and State Farm. All the ads say the same thing that you can save if you change your coverage to them.

How does each company say the same thing? This is how they do it.

All companies have a preferred profile for the type of driver they prefer to insure. For instance, a driver they prefer could be between 25 and 40, has no driving citations, and has excellent credit. Any new insured who meets those qualifications will qualify for the lowest rates and most likely will save quite a bit of money when switching.

Consumers who fall outside the requirements will be quoted a higher premium and this can result in the driver buying from a lower-cost company. The ads say “drivers who switch” but not “drivers who get quotes” save that much. That is how insurance companies can confidently make the claims of big savings.

This emphasizes why you need to compare as many rates as you can. It’s just too difficult to predict which insurance companies will provide you with the cheapest Porsche 928 insurance rates.

These factors can influence Porsche 928 insurance rates

It’s important that you understand the factors that go into determining the price you pay for insurance. Having a good understanding of what determines base rates enables informed choices that will entitle you to big savings.

Listed below are some of the items insurance companies consider when setting prices.

  • Women pay lower rates – The statistics show women tend to be less risk to insure than men. However, this does not mean men are worse drivers. They both have accidents at a similar rate, but the male of the species have costlier accidents. Men also tend to receive more costly citations such as DWI and reckless driving. Teenage male drivers are the most expensive to insure and therefore have the most expensive insurance rates.
  • Drive a safer car and pay less – Cars with high safety ratings are cheaper to insure. Safer cars result in less severe injuries and lower injury rates translates into savings for insurance companies and lower rates for you. If your Porsche 928 has ratings of a minimum four stars on Safercar.gov you may qualify for a discount.
  • Do you qualify for a multi-policy discount? – The majority of insurance companies provide better rates to policyholders who consolidate policies with them such as combining an auto and homeowners policy. This can amount to ten or even up to twenty percent in some cases. Even with this discount, you still need to shop around to make sure you are getting the best deal. Consumers may find better rates by splitting coverages up.
  • Liability insurance protects assets – Liability insurance provides coverage if ever a jury decides you are liable for causing damage or personal injury in an accident. It provides legal defense coverage starting from day one. This coverage is very inexpensive compared to physical damage coverage, so buy as much as you can afford.
  • Where do you drive? – Driving more miles each year the higher your rate. The majority of insurers rate vehicles based on their usage. Cars and trucks left parked in the garage get more affordable rates compared to those used for work or business. Make sure your insurance coverage is rated on the proper vehicle usage. If your policy improperly rates your 928 may be costing you.
  • Marriage brings a discount – Getting married helps lower the price on insurance. Having a spouse is viewed as being more mature than a single person it has been statistically shown that being married results in fewer claims.

Save big with these discounts

Properly insuring your vehicles can get expensive, but you may find discounts to cut the cost considerably. Some trigger automatically at the time of purchase, but a few must be inquired about before they will apply. If you don’t get every credit you deserve, you are paying more than you should be.

  • Payment Discounts – If paying your policy premium upfront instead of making monthly payments you could save 5% or more.
  • Theft Prevention Discount – Anti-theft and alarm systems can help prevent theft and therefore earn up to a 10% discount.
  • E-sign – A handful of insurance companies give back up to $50 for buying a policy and signing up on their website.
  • Senior Citizens – Older drivers can possibly qualify for reduced rates for 928 insurance.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Porsche can qualify you for better rates on cars that stay parked.
  • No Charge for an Accident – Certain companies allow you one accident without raising rates so long as you haven’t had any claims for a particular time prior to the accident.
  • Homeowners Discount – Owning a house can save you money because of the fact that having a home requires personal responsibility.
  • Government Employees – Active or retired federal employment can save as much as 8% for 928 insurance with certain companies.

Consumers should know that some of the credits will not apply the the whole policy. A few only apply to the cost of specific coverages such as collision or personal injury protection. So even though it sounds like you could get a free auto insurance policy, companies don’t profit that way. Any amount of discount will help reduce the cost of coverage.

Car insurance companies that may offer these benefits include:

It’s a good idea to ask every prospective company which discounts you may be entitled to. All car insurance discounts might not be offered in your state.

But I don’t know anything about car insurance

When buying the right insurance coverage for your vehicles, there is no single plan that fits everyone. Your needs are not the same as everyone else’s.

These are some specific questions may help highlight if your insurance needs might need an agent’s assistance.

  • What can I do if my company denied a claim?
  • Can my teen driver be rated on a liability-only vehicle?
  • How do I buy GAP insurance?
  • Is my teenager covered with friends in the car?
  • Is there coverage for injuries to my pets?
  • If my 1991 Porsche 928 is totaled, can I afford another vehicle?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and can help protect your family.

Car insurance coverage basics

Understanding the coverages of a car insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Comprehensive insurance – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as falling objects, a tree branch falling on your vehicle, a broken windshield, hitting a bird and rock chips in glass. The highest amount your car insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Collision coverages – This coverage will pay to fix damage to your 928 caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as colliding with another moving vehicle, hitting a mailbox, hitting a parking meter and crashing into a building. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Porsche 928.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Normally these limits are similar to your liability insurance amounts.

Liability coverage – Liability insurance can cover injuries or damage you cause to a person or their property. This insurance protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Another option is a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as pain and suffering, emergency aid and medical expenses. How much coverage you buy is a personal decision, but buy higher limits if possible.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP pay for immediate expenses like doctor visits, X-ray expenses, dental work and chiropractic care. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Final considerations

Low-cost 1991 Porsche 928 insurance can be bought on the web in addition to many insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. There are still a few companies who do not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

When trying to cut insurance costs, it’s not a good idea to skimp on critical coverages to save a buck or two. In too many instances, an insured cut physical damage coverage to discover at claim time they didn’t purchase enough coverage. Your aim should be to find the BEST coverage for the lowest price while still protecting your assets.

People who switch companies do it for any number of reasons including extreme rates for teen drivers, delays in responding to claim requests, policy non-renewal and even unfair underwriting practices. Regardless of your reason, finding a great new company can be less work than you think.

Other learning opportunities