2006 Porsche Cayman S Insurance Quotes – 6 Tricks for Best Rates

Looking for cheaper car insurance rates for your Porsche Cayman S? Finding cheaper insurance for your Porsche Cayman S can be a lot of work, but you can follow these tips and make it easy.

There is a right way and a wrong way to buy car insurance and we’ll show you the best way to quote coverages for a Porsche and find the cheapest rates.

Shopping for more affordable coverage is quite easy. If you have a current auto insurance policy or are just looking to switch companies, you will benefit by learning to get lower rates while maintaining coverages. Drivers just need to understand how to shop their coverage around online.

Insurance Coverage Prices

Finding a lower price on 2006 Porsche Cayman S insurance doesn’t have to be difficult. The only requirement is to spend a few minutes comparing price quotes from different insurance companies. This is very easy and can be done using a couple different methods.

  1. The easiest and least time consuming way to find the lowest comparison rates is to use a rate comparison form click here to open form in new window. This form eliminates the need for separate quotes for every insurance coverage company. Filling out one form will get you price quotes from multiple companies. It’s the fastest way to compare.
  2. A more difficult way to analyze rates is spending the time to visit the website of each company to request a price quote. For examples sake, we’ll pretend you want comparison quotes from Liberty Mutual, Safeco and Progressive. To get rate quotes you would need to take the time to go to each site and enter your information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.
  3. The least efficient way to get comparison rates is to waste gas driving to local insurance agencies. The ability to buy insurance online makes this process obsolete unless you require the personal advice of a local agent. It is possible to price shop online but buy from a local insurance agent and we’ll touch on that later.

It doesn’t matter which method you choose, just make absolute certain that you use exactly the same deductibles and coverage limits for every company. If you are comparing different deductibles it’s impossible to determine the lowest rate for your Porsche Cayman S.

Discounts are available to cut your rates

Insuring your fleet can be pricey, but there could be available discounts that you may not even be aware of. Larger premium reductions will be automatically applied when you complete an application, but some must be specially asked for before you will receive the discount. If you aren’t receiving every discount you deserve, you’re paying more than you need to.

  • Pay Upfront and Save – If paying your policy premium upfront instead of making monthly payments you could save 5% or more.
  • Safe Drivers – Drivers who avoid accidents can pay as much as 50% less for Cayman S insurance than less cautious drivers.
  • Homeowners Savings – Simply owning a home can help you save on auto insurance due to the fact that maintaining a home shows financial diligence.
  • One Accident Forgiven – Certain companies permit an accident before hitting you with a surcharge so long as you haven’t had any claims for a particular time prior to the accident.
  • Passive Restraints – Vehicles with factory air bags or motorized seat belts may earn rate discounts of more than 20%.
  • Theft Prevention System – Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more.

Consumers should know that many deductions do not apply the the whole policy. Most only apply to individual premiums such as physical damage coverage or medical payments. Even though it may seem like you can get free auto insurance, you’re out of luck. Any qualifying discounts will reduce the cost of coverage.

To see a list of insurers offering auto insurance discounts, follow this link.

Everyone needs different coverages

When buying the best car insurance coverage, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that might point out whether you would benefit from professional advice.

  • Is business property covered if stolen from my car?
  • I have a DUI can I still get coverage?
  • Do I need more liability coverage?
  • Can I afford to pay high deductible claims out of pocket?
  • Am I covered if I break a side mirror?
  • Are split liability limits better than a combined single limit?
  • Where can I find DUI or SR-22 insurance?
  • What companies insure drivers after a DUI or DWI?
  • At what point should I drop full coverage?
  • How high should my medical payments coverage be?

If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Detailed coverages of your insurance policy

Understanding the coverages of your insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring.

Comprehensive (Other than Collision)

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

Comprehensive coverage protects against claims like rock chips in glass, theft, vandalism, hitting a deer and hail damage. 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 dropping full coverage.

Auto collision coverage

This coverage covers damage to your Cayman S from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like colliding with another moving vehicle, driving through your garage door, rolling your car and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible to get cheaper collision coverage.

Medical expense insurance

Med pay and PIP coverage reimburse you for immediate expenses like funeral costs, doctor visits, pain medications, chiropractic care and ambulance fees. The coverages can be used in conjunction with a health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Porsche Cayman S.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is very important. Most of the time the UM/UIM limits are set the same as your liablity limits.

Liability auto insurance

Liability coverage protects you from injuries or damage you cause to other people or property in an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as medical expenses, structural damage, repair bills for other people’s vehicles, emergency aid and legal defense fees. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible.

The bottom line

As you prepare to switch companies, never buy less coverage just to save a little money. There have been many situations where consumers will sacrifice liability limits or collision coverage only to regret at claim time they didn’t have enough coverage. Your focus should be to find the BEST coverage at an affordable rate while still protecting your assets.

We just presented quite a bit of information on how to get a better price on 2006 Porsche Cayman S insurance. The key concept to understand is the more you quote, the higher your chance of finding lower rates. Consumers could even find that the lowest premiums are with a small local company.

Consumers who switch companies do it for a variety of reasons including poor customer service, denial of a claim, being labeled a high risk driver and policy cancellation. It doesn’t matter why you want to switch finding a new auto insurance company can be pretty painless.

Additional auto insurance information can be read at these links: