2004 Porsche 911 Insurance Quotes

Tired of not being able to afford to buy car insurance? You’re in the same situation as many other drivers. With so many options, it can be hard to locate the lowest cost provider.

Finding affordable coverage is not that difficult. If you have a current insurance coverage policy or are shopping for new coverage, you can use these tips to find the best rates and still get good coverage. Drivers just need to learn how to get comparison rates online.

Cut your premium with discounts

Companies that sell car insurance don’t always publicize all available discounts very well, so we researched some of the more common and the harder-to-find savings tricks you should be using. If you don’t get every credit you deserve, you are paying more than you should be.

  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems are safer to drive and therefore earn up to a 10% discount.
  • Multi-policy Discount – If you insure your home and vehicles with one insurance company you could get a discount of 10% to 20% off each policy.
  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy qualifies for this discount.
  • New Car Discount – Adding a new car to your policy is cheaper since new cars are generally safer.
  • Anti-theft Discount – Cars that have factory anti-theft systems are stolen less frequently and will save you 10% or more.
  • Service Members Pay Less – Having a deployed family member could mean lower rates.
  • Employee of Federal Government – Active or retired federal employment can save as much as 8% on 911 coverage with certain companies.
  • Save over 55 – If you qualify as a senior citizen, you can possibly qualify for reduced rates on 911 coverage.
  • Sign Online – A handful of insurance companies may give you up to $50 simply for signing on their website.
  • Drive Safe and Save – Safe drivers can get discounts for up to 45% lower rates on 911 coverage than drivers with accident claims.

As a disclaimer on discounts, most discounts do not apply to the entire policy premium. Most cut specific coverage prices like comprehensive or collision. Just because you may think it’s possible to get free car insurance, insurance coverage companies aren’t that generous.

Car insurance companies who might offer some of the above discounts include:

It’s a good idea to ask each insurance company what discounts are available to you. Savings may not be available in every state.

Insurance Coverage Quote Comparison

Finding a better price on insurance coverage is a fairly straight forward process. Consumers just need to invest a little time getting comparison quotes from different insurance companies. This can be accomplished in just a few minutes using one of these methods.

  1. One of the best ways to get quotes is an all-inclusive rate comparison like this one (opens in new window). This method saves time by eliminating separate quotation requests to each individual insurance coverage company. Completing one form gets you coverage quotes instantly.
  2. A more difficult way to compare rate quotes consists of going to each individual company website and fill out their own quote form. For sake of this example, let’s assume you want comparison quotes from Nationwide, 21st Century and Progressive. You would have to spend time on each company’s site to input your insurance information, and that’s why the first method is more popular.

    For a handy list of car insurance company links in your area, click here.

It’s your choice how you get your quotes, but ensure you are comparing the exact same information for each comparison quote. If each company quotes mixed coverages it will be very difficult to find the best deal for your Porsche 911.

Why your Porsche 911 insurance rates may be high

Consumers need to have an understanding of the rating factors that help determine the price you pay for insurance. Understanding what controls the rates you pay allows you to make educated decisions that could result in big savings.

  • Optional equipment can affect rates – Choosing a vehicle that has an advanced theft prevention system can get you a discount on your insurance. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart your vehicle from being stolen.
  • Protect yourself with liability coverage – The liability section of your policy is the coverage that protects you when a court rules you are at fault for causing damage or personal injury in an accident. It will provide for a legal defense which can cost thousands of dollars. Liability insurance is quite affordable compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Your occupation can affect rates – Did you know your insurance rates can be affected by your occupation? Careers like judges, architects and financial analysts tend to have higher average rates in part from high stress levels and long work hours. Conversely, occupations such as pilots, engineers and performers receive lower rates on 911 coverage.
  • Never allow your policy to lapse – Driving without insurance is a misdemeanor and your next policy will cost more because you let your coverage lapse. Not only will rates go up, but not being able to provide proof of insurance can result in a steep fine or even jail time.You may then be required to prove you have insurance by filing a SR-22 with your state motor vehicle department.
  • Do you know your deductibles? – Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Porsche. Some instances where coverage would apply would be a windshield shattered by a rock, collision with an animal, and windstorm damage. Your deductibles are how much you are required to spend out-of-pocket before your insurance pays a claim. The higher the amount you are required to pay out-of-pocket, the bigger discount you will receive on 911 coverage.
  • Where you live – Residing in a rural area has it’s advantages when it comes to insurance. Fewer people means a lower chance of having an accident as well as less vandalism and auto theft. City drivers have to deal with congested traffic and a longer drive to work. More time on the road translates into higher accident risk.
  • Better credit scores mean better rates – Having a bad credit score is a big factor in calculating your insurance rates. Consumers who have good credit tend to be less risk to insure than those with poor credit. If your credit is low, you could save money insuring your 2004 Porsche 911 by improving your rating.
  • More miles equals more premium – The more miles you rack up on your Porsche in a year’s time the more you’ll pay to insure your vehicle. The majority of insurers rate vehicles based upon how you use the vehicle. Vehicles left parked in the garage qualify for better rates as compared to vehicles used primarily for driving to work. Make sure your insurance policy is rated on how each vehicle is driven. Incorrect usage on your 911 can result in significantly higher rates.

What is the best insurance coverage?

When choosing adequate coverage for your personal vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is unique and your policy should reflect that. For example, these questions may help you determine if your insurance needs may require specific advice.

  • Should I sign the liability waiver when renting a car?
  • Am I getting all the discounts available?
  • Do I need rental car coverage?
  • Am I covered when driving someone else’s vehicle?
  • Does medical payments coverage apply to all occupants?
  • I have health insurance so do I need medical payments coverage?
  • What are the best liability limits?
  • Are rock chip repairs covered?

If you can’t answer these questions, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and can help protect your family.

The coverage is in the details

Knowing the specifics of your insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverages available from insurance companies.

Comprehensive (Other than Collision) – Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, vandalism, falling objects and damage from getting keyed. The most your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers – This coverage gives you protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Porsche 911.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Collision coverages – This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as damaging your car on a curb, rolling your car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Medical expense insurance – Coverage for medical payments and/or PIP reimburse you for short-term medical expenses such as prosthetic devices, doctor visits, pain medications, dental work and surgery. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability car insurance – Liability insurance can cover injuries or damage you cause to a person or their property by causing an accident. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: 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 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability can pay for claims such as medical services, emergency aid and funeral expenses. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Smart shoppers get results

We just presented a lot of information how to lower your 2004 Porsche 911 insurance rates. The key thing to remember is the more quotes you get, the higher the chance of saving money. You may be surprised to find that the lowest priced car insurance comes from a small local company. These companies may often insure only within specific states and give getter rates than the large multi-state companies such as Geico and State Farm.

When you buy insurance online, make sure you don’t skimp on critical coverages to save a buck or two. There have been many cases where an accident victim reduced comprehensive coverage or liability limits to discover at claim time that it was a big error on their part. Your aim should be to get the best coverage possible for the lowest price while still protecting your assets.

Low-cost insurance is available both online as well as from independent agents, and you need to price shop both to get a complete price analysis. There are still a few companies who don’t offer the ability to get a quote online and these smaller companies work with independent agents.

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