Lower Your 2011 Porsche 911 Car Insurance Cost

I can’t think of a single person who cherishes buying insurance coverage, especially knowing their premiums are through the roof.

Lots of insurers contend for your business, and it can be difficult to compare rates to find the best rates possible.

If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using these tips. Choosing the best insurance company for you is quite easy. Although car owners should learn how the larger insurance companies price online insurance and apply this information to your search.

Comprehensive Car Insurance Comparison Quotes

Effectively comparing car insurance prices can be a daunting task if you don’t know the most efficient way to do it. You can waste a few hours (or days) talking to insurance agencies in your area, or you could save time and use the web to get pricing more quickly.

Many companies belong to an insurance system that allows shoppers to enter their policy data once, and each company returns a rated price. This system prevents you from having to do repetitive form submissions to every company.

To access this free quoting program, click to open in new window.

The single downside to getting quotes like this is buyers cannot specifically choose the providers to get pricing from. So if you prefer to pick from a list of companies to receive pricing from, we put together a list of low cost car insurance companies in your area. View list of insurance companies.

Whichever method you choose, compare exactly the same deductibles and coverage limits for each price quote. If you compare different limits and deductibles on each one then you won’t be able to determine which rate is truly the best. Quoting even small variations in insurance coverages can mean a large discrepancy in price. Just remember that comparing more company’s prices gives you a better chance of getting a better price.

Do drivers who switch really save?

Auto insurance companies such as Allstate and Progressive consistently run ads in print and on television. They all seem to say the same thing about savings if you change your coverage to them. But how can every company make almost identical claims?

All the different companies can use profiling for the type of driver that earns them a profit. For instance, a driver they prefer might be profiled as between the ages of 30 and 50, is a homeowner, and has a high credit rating. A customer who matches those parameters gets the lowest rates and as a result will probably save when they switch companies.

Potential customers who do not match the requirements must pay a more expensive rate and this can result in the customer not buying. The ad wording is “customers who switch” but not “drivers who get quotes” save that kind of money. This is how insurance companies can make the claims of big savings.

This illustrates why you need to get quotes from several different companies. You cannot predict the company that will have the lowest Porsche 911 insurance rates.

Don’t pay full price with these discounts

The cost of insuring your cars can be expensive, but you can get discounts to cut the cost considerably. Some discounts apply automatically when you purchase, but some may not be applied and must be asked for before they will apply.

  • Senior Citizens – Older drivers can possibly qualify for better auto insurance rates for 911 coverage.
  • Good Student – Getting good grades can save 20 to 25%. The good student discount can last well after school through age 25.
  • Drivers Ed for Students – Cut your cost by having your teen driver take driver’s ed class if it’s offered in school.
  • Use Seat Belts – Requiring all passengers to use their safety belts can save up to 15% off your medical payments premium.
  • No Accidents – Drivers who don’t have accidents pay much less compared to drivers who are more careless.
  • Multiple Vehicles – Insuring multiple vehicles on the same auto insurance policy could earn a price break for each car.
  • Driver Safety – Taking part in a driver safety course could cut 5% off your bill and easily recoup the cost of the course.
  • Military Rewards – Being on active duty in the military could be rewarded with lower premiums.
  • Discounts for Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% less for 911 coverage than drivers with accident claims.

It’s important to understand that most of the big mark downs will not be given to all coverage premiums. A few only apply to the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears all those discounts means the company will pay you, it just doesn’t work that way. Any amount of discount will bring down the cost of coverage.

A partial list of companies that may have some of the above discounts include:

Check with each insurance company which discounts you may be entitled to. Discounts may not apply in every state.

Your personal situation dictates your coverage

When buying proper insurance coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different so your insurance should reflect that For instance, these questions can help discover whether or not you may require specific advice.

  • Am I covered if I hit my neighbor’s mailbox?
  • Will filing a claim cost me more?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Is my 2011 Porsche 911 covered for smoke damage?
  • Is my camper covered by my car insurance policy?
  • Am I covered if hit by an uninsured driver?
  • Can I drive in Mexico and have coverage?
  • Does insurance cover damages from a DUI accident?

If it’s difficult to answer those questions then you might want to talk to an agent. If you don’t have a local agent, complete this form or click here for a list of auto insurance companies in your area.

Coverage specifics

Knowing the specifics of your policy can be of help when determining which coverages you need and the correct deductibles and limits. Insurance terms can be confusing and reading a policy is terribly boring. Listed below are typical coverages offered by insurance companies.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP pay for immediate expenses like chiropractic care, doctor visits, pain medications, prosthetic devices and ambulance fees. They can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. They cover you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Liability

This coverage provides protection from damages or injuries you inflict on a person or their property that is your fault. This coverage protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things such as pain and suffering, court costs and repair bills for other people’s vehicles. How much liability should you purchase? That is up to you, but you should buy as much as you can afford.

Comprehensive insurance

This coverage pays for damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as fire damage, hail damage, rock chips in glass and falling objects. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Porsche 911.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Frequently these limits do not exceed the liability coverage limits.

Auto collision coverage

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

Collision coverage pays for things such as crashing into a building, damaging your car on a curb, colliding with another moving vehicle and backing into a parked car. This coverage can be expensive, so consider removing coverage from lower value vehicles. Another option is to bump up the deductible to save money on collision insurance.

Get your money’s worth

Throughout this article, we presented many ways to compare 2011 Porsche 911 insurance prices online. The key concept to understand is the more price quotes you have, the higher the chance of saving money. You may even find the most savings is with a smaller regional carrier. They often have lower prices on specific markets than the large multi-state companies such as State Farm and Allstate.

When shopping online for insurance, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are many occasions where someone dropped comprehensive coverage or liability limits and learned later that the savings was not a smart move. Your focus should be to buy the best coverage you can find at the best price, not the least amount of coverage.

More tips and info about insurance is available by following these links: