How Much Does 1995 Porsche 911 Car Insurance Cost?

Are you sick and tired of scraping the payment together to insure your Porsche every month? You are no different than millions of other consumers. Companies like Geico, Farmers Insurance and State Farm constantly blast consumers with ads and it can be hard to separate fact from fiction and take the time to shop coverage around.

If you have insurance now or are shopping for new coverage, you will benefit by learning to cut your premiums and still get good coverage. Choosing the best insurance company for you is not rocket science. Drivers just need to understand the best way to shop their coverage around over the internet.

Insurance Prices

All the larger insurance companies quote insurance quotes on the web. The process is quite simple as you simply enter the amount of coverage you want into the quote form. Once entered, the company’s rating system obtains your driving and credit reports and returns pricing information. Quoting online simplifies rate comparisons, but the work required to visit many different websites and fill out multiple forms is not the best way to spend an afternoon. But it’s very important to do this in order to find better insurance pricing.

The easiest way to compare insurance pricing is to use a quote form that analyzes rates from several different companies. It’s a real time-saver, eliminates repetitive work, and makes online quotes a little more enjoyable. Immediately after submitting the form, your coverage is rated and you can choose any one of the quotes that you receive. If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the new coverage. It takes 15 minutes at the most and may result in a nice savings.

To compare rates now, simply click here to open in new window and begin entering your coverage information. If you have coverage now, it’s recommended you replicate deductibles and limits exactly as they are listed on your policy. This guarantees you will have a price comparison for exact coverage.

Pay less by taking advantage of discounts

Auto insurance companies don’t list every discount in a way that’s easy to find, so the following is a list of both well-publicized and the harder-to-find discounts you could be receiving. If you aren’t receiving every discount available, you are throwing money away.

  • Good Student – This discount can earn a discount of 20% or more. The discount lasts until age 25.
  • Auto/Life Discount – Companies who offer life insurance give a discount if you purchase life insurance.
  • Homeowners Discount – Simply owning a home may earn you a small savings due to the fact that maintaining a home demonstrates responsibility.
  • Government Employees – Active or retired federal employment could cut as much as 10% off for 911 coverage with a few auto insurance companies.
  • Braking Control Discount – Vehicles equipped with ABS or steering control are safer to drive and therefore earn up to a 10% discount.
  • Multiple Policy Discount – If you have multiple policies with one insurance company you could get a discount of up to 20% off your total premium.

Drivers should understand that most discount credits are not given to the entire policy premium. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. So even though it sounds like all those discounts means the company will pay you, auto insurance companies aren’t that generous.

A partial list of companies who might offer these money-saving discounts include:

Check with all companies you are considering how you can save money. Discounts might not apply in your state.

Your coverage should be tailored to you

When choosing adequate coverage for your personal vehicles, there really is no “best” method to buy coverage. Everyone’s situation is unique so your insurance needs to address that. For example, these questions may help highlight if your insurance needs will benefit from professional help.

  • Are my friends covered when driving my 1995 Porsche 911?
  • Does my insurance cover a custom paint job?
  • Do I have coverage when pulling a U-Haul trailer?
  • Can my teen drive my company car?
  • Do all my vehicles need collision coverage?
  • Do I need added coverage for expensive stereo equipment?
  • Can I still get insurance after a DUI?
  • Why is insurance for a teen driver so high?
  • What is UM/UIM insurance?

If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.

Insurance coverages and their meanings

Having a good grasp of your insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. These are typical coverage types found on the average insurance policy.

Collision coverage

Collision insurance covers damage to your 911 from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like hitting a mailbox, hitting a parking meter, rolling your car, scraping a guard rail and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

UM/UIM Coverage

This protects you and your vehicle from other motorists when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Porsche 911.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Liability

Liability insurance will cover injuries or damage you cause to other people or property in an accident. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability can pay for claims such as medical services, structural damage and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like theft, rock chips in glass, a tree branch falling on your vehicle and damage from getting keyed. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical costs insurance

Med pay and PIP coverage pay for short-term medical expenses for things like prosthetic devices, rehabilitation expenses, chiropractic care and X-ray expenses. They can be utilized in addition to your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and may carry a deductible

Spend less. Save more.

Low-cost 1995 Porsche 911 insurance can be found on the web and also from your neighborhood agents, so you should compare both in order to have the best price selection to choose from. Some insurance providers may not provide online quoting and these smaller companies work with independent agents.

We covered quite a bit of information on how to lower your insurance rates. The key thing to remember is the more you quote, the better chance you’ll have of finding lower rates. You may be surprised to find that the lowest rates come from the smaller companies. Some small companies often have lower prices on specific markets compared to the large companies like Progressive or Geico.

For more information, take a look at these articles: