2003 Porsche 911 Car Insurance Rates

Have you had enough of not being able to afford to pay your car insurance bill each month? You are no different than most other car owners.

Having so many choices of insurance companies, it is hard for the average consumer to find the most affordable insurer.

Why your Porsche 911 insurance rates may be high

Smart consumers have a good feel for the different types of things that go into determining the price you pay for car insurance. Having a good understanding of what determines base rates empowers consumers to make smart changes that could result in lower car insurance prices.

  • One company can mean more discounts – Some companies will give a discount to people who buy several policies from them such as combining an auto and homeowners policy. Discounts can add up to anywhere from five to ten percent in most cases. If you currently are using one company, you still need to shop around to make sure you are getting the best deal.
  • Men pay higher rates – Statistics show women tend to be less risk to insure than men. However, this does not mean men are WORSE drivers than women. Women and men have accidents in similar numbers, but the male of the species have costlier accidents. Men also tend to have more aggressive citations such as reckless driving. Youthful male drivers are several times more likely to be in an accident and are penalized with high car insurance rates.
  • Poor driving leads to higher costs – Whether or not you get tickets has a huge affect on how much you pay. Only having one moving violation may increase your cost by as much as thirty percent. Drivers with clean records tend to pay less for car insurance compared to drivers with tickets. Drivers with flagrant tickets like hit and run, DWI or reckless driving convictions are required to submit a SR-22 form with their state DMV in order to keep their license.
  • Adjust deductibles and save – Deductibles for physical damage define the amount you are willing to pay out-of-pocket before your car insurance pays a claim. Physical damage coverage, also known as collision and other-than-collision, is used to repair damage to your car. A few examples of covered claims would be running into the backend of another car, damage from fire, or theft. The more money you have to pay, the lower your rates will be on 911 coverage.
  • Where you live – Residing in small towns and rural areas is a positive aspect when insuring your vehicles. Fewer drivers means fewer accidents as well as less vandalism and auto theft. City drivers regularly have more traffic problems and longer commute times. Higher commute times means more change of being in an accident.

Verify you’re getting all your discounts

The cost of insuring your cars can be expensive, buy you may qualify for discounts to help bring down the price. Most are applied when you complete an application, but some must be specially asked for before they will apply.

  • Anti-lock Brakes – Vehicles with anti-lock braking systems can avoid accidents and will save you 10% or more.
  • Homeowners Pay Less – Owning a home may trigger a insurance coverage policy discount because maintaining a house is proof that your finances are in order.
  • Low Mileage – Driving fewer miles can qualify you for a substantially lower rate.
  • Safe Driver Discount – Safe drivers may receive a discount up to 45% less on 911 coverage than their less cautious counterparts.
  • Government Employees – Simply working for the federal government can save as much as 8% on 911 coverage with a few insurance coverage companies.
  • Accident Free – Drivers who don’t have accidents pay much less compared to bad drivers.
  • Paperwork-free – A few companies will discount your bill up to fifty bucks for buying your policy over the internet.

Keep in mind that some credits don’t apply to all coverage premiums. Some only apply to individual premiums such as collision or personal injury protection. Just because you may think you could get a free insurance coverage policy, you won’t be that lucky. Any qualifying discounts will help reduce your premiums.

Insurance companies that may offer these discounts include:

Check with all companies you are considering which discounts you may be entitled to. All car insurance discounts may not be available in your area.

When should I talk to an agent?

When it comes to choosing the best insurance coverage for your personal vehicles, there really is not a “perfect” insurance plan. Every situation is different so this has to be addressed. For example, these questions can help discover if your situation may require specific advice.

  • Does my policy pay for OEM or aftermarket parts?
  • Am I covered if I hit a deer?
  • Should I buy additional glass protection?
  • Am I covered when driving someone else’s vehicle?
  • What is covered by UM/UIM coverage?
  • Is a new car covered when I drive it off the dealer lot?
  • Exactly who is provided coverage by my policy?
  • If my pet gets injured in an accident are they covered?
  • Do I need more liability coverage?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Detailed coverages of your car insurance policy

Learning about specific coverages of a car insurance policy can help you determine appropriate coverage and proper limits and deductibles. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording. Listed below are the usual coverages found on most car insurance policies.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like a tree branch falling on your vehicle, hitting a bird, damage from flooding, falling objects and theft. The most your car insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverage protection

This coverage covers damage to your 911 from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as crashing into a ditch, driving through your garage door and crashing into a building. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Normally the UM/UIM limits are identical to your policy’s liability coverage.

Liability

Liability insurance can cover damages or injuries you inflict on a person or their property that is your fault. This coverage protects you from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Occasionally you may see a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for things such as pain and suffering, repair costs for stationary objects and bail bonds. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for expenses such as surgery, X-ray expenses and chiropractic care. They are utilized in addition to your health insurance program or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

More quotes. Lower rates.

You just read a lot of information how to compare 2003 Porsche 911 insurance prices online. The key concept to understand is the more providers you compare, the better likelihood of reducing your rate. You may even find the best prices are with some of the smallest insurance companies. Regional companies may have significantly lower rates on certain market segments compared to the large companies like State Farm and Allstate.

Cheaper insurance is attainable both online and with local insurance agents, so you should compare both so you have a total pricing picture. Some insurance companies do not offer the ability to get a quote online and most of the time these small, regional companies sell through independent agents.

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