How Much Does 2008 Porsche Boxster Car Insurance Cost?

Comparison shopping for insurance can be a challenge for consumers not familiar with buying insurance online. Consumers have so many companies to choose from that it can turn into a real challenge to compare prices.

Porsche Boxster rates influenced by many factors

Consumers need to have an understanding of the different types of things that play a part in calculating insurance coverage rates. Understanding what impacts premium levels empowers consumers to make smart changes that will entitle you to lower insurance coverage prices.

Shown below are a few of the “ingredients” used by your company to calculate prices.

  • Older drivers save more – Mature drivers are more responsible, statistically cause fewer accidents and tend to be better behind the wheel. Youthful drivers are statistically proven to be less responsible in a vehicle therefore insurance coverage rates are much higher.
  • Sex matters – Statistics show that men are more aggressive behind the wheel. However, this does not mean women are better drivers. Both sexes tend to get into accidents at about the same rate, but the males have costlier accidents. They also receive more costly citations such as reckless driving. Teenage male drivers tend to get in the most accidents and therefore are the most expensive to insure.
  • Don’t get talked into coverage you don’t need – There are quite a few add-on coverages you can purchase if you aren’t careful. Insurance for rental car reimbursement, better glass coverage and additional equipment coverage may be wasting your money. They may seem like a good idea initially, but now you might not need them so eliminate the coverages to reduce your premium.
  • Save money with special equipment – Choosing a vehicle with anti-theft technology or alarm system can help bring down rates. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your car from being stolen.

Discounts are great for lower rates

Auto insurance companies do not advertise all their discounts very well, so we break down some of the more common and also the lesser-known discounts you could be receiving.

  • Seat Belt Usage – Drivers who require all occupants to wear their seat belts could cut 10% or more off the personal injury premium cost.
  • 55 and Retired – If you qualify as a senior citizen, you may qualify for reduced rates for Boxster insurance.
  • Good Student – This discount can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.
  • No Charge for an Accident – Certain companies will allow you to have one accident without raising rates as long as you don’t have any claims for a particular time prior to the accident.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes can avoid accidents and will save you 10% or more.
  • Lower Rates for Military – Having a deployed family member could be rewarded with lower premiums.

Consumers should know that most credits do not apply to your bottom line cost. The majority will only reduce individual premiums such as medical payments or collision. Just because you may think having all the discounts means you get insurance for free, you’re out of luck.

Car insurance companies that possibly offer some of the above discounts include:

It’s a good idea to ask all companies you are considering which discounts they offer. All car insurance discounts may not apply in every state.

Save $473 a year. For real?

Auto insurance providers like 21st Century, Allstate and State Farm constantly bombard you with television and radio advertisements. They all make an identical promise that you can save if you switch to them. But how can every company claim to save you money?

Different companies can use profiling for the driver they prefer to insure. For instance, a profitable customer could be over the age of 40, insures multiple vehicles, and has a short commute. A driver that hits that “sweet spot” is entitled to the best price and most likely will save a lot of money.

Potential customers who are not a match for the “perfect” profile will be quoted higher rates and ends up with business not being written. The ads state “drivers who switch” not “everybody who quotes” save that much money. This is how companies can truthfully claim big savings. This emphasizes why it’s extremely important to get quotes from several different companies. It is impossible to predict which auto insurance company will provide you with the cheapest Porsche Boxster insurance rates.

You may need specialized coverage

When it comes to buying the best auto insurance coverage, there isn’t really a best way to insure your cars. Each situation is unique.

Here are some questions about coverages that can help discover whether or not you would benefit from professional advice.

  • Am I covered when driving a rental car?
  • What discounts do I qualify for?
  • Does medical payments coverage apply to all occupants?
  • Can I drive in Mexico and have coverage?
  • Do I need an umbrella policy?
  • Who is covered by my policy?

If you don’t know the answers to these questions then you might want to talk to an insurance agent. If you don’t have a local agent, fill out this quick form.

What insurance coverages do you need?

Having a good grasp of insurance can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your Porsche Boxster.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things like damaging your car on a curb, colliding with another moving vehicle and crashing into a ditch. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

Comprehensive coverages

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as falling objects, vandalism, rock chips in glass, hail damage and damage from flooding. The most your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability

Liability coverage protects you from damage or injury you incur to a person or their property by causing an accident. It protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against claims like structural damage, legal defense fees, repair costs for stationary objects, medical services and funeral expenses. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as doctor visits, ambulance fees, funeral costs, surgery and nursing services. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Spend less. Save more.

When shopping online for auto insurance, it’s not a good idea to skimp on coverage in order to save money. There are a lot of situations where someone sacrificed comprehensive coverage or liability limits only to discover later that the small savings ended up costing them much more. The proper strategy is to buy enough coverage at an affordable rate.

People who switch companies do it for many reasons like questionable increases in premium, delays in paying claims, lack of trust in their agent or even delays in responding to claim requests. Whatever your reason, finding a new auto insurance company can be less work than you think.

Throughout this article, we presented some good ideas how you can shop for 2008 Porsche Boxster insurance online. The key thing to remember is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the most savings is with a lesser-known regional company.

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