2012 Porsche 911 Car Insurance Rates

Want lower insurance rates for your Porsche 911? Did you fall for a flashy sales pitch and buy overpriced insurance? Trust us when we tell you many consumers are feeling buyer’s remorse and feel like there’s no way out.

Big companies like Allstate and Progressive all claim big savings with advertising and it is challenging if not impossible to sift through the bull and do the work needed to find the best deal.

You need to do rate comparisons once or twice a year due to the fact that insurance rates are variable and change quite frequently. Even if you got the best price on 911 coverage a few years ago you can probably find a lower rate today. There is a lot of wrong information about insurance online but I’m going to show you some excellent ideas to slash your insurance rates.

Do you qualify for a discount?

Companies that sell car insurance don’t always publicize every discount in an easy-to-find place, so we took the time to find some of the more common and the harder-to-find ways to save on car insurance.

  • Discounts for Safe Drivers – Safe drivers can get discounts for up to 45% lower rates on 911 coverage than drivers with accidents.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems can avoid accidents and qualify for as much as a 10% discount.
  • Payment Method – If you pay your entire premium ahead of time rather than paying monthly you may reduce your total bill.
  • Multiple Policy Discount – When you combine your home and auto insurance with the same insurance company you could get a discount of at least 10% off all policies.
  • Low Mileage Discounts – Low mileage vehicles can qualify you for better rates on cars that stay parked.
  • College Student – Children who attend school more than 100 miles from home and don’t have a car can receive lower rates.
  • Multiple Cars – Having all your vehicles with the same company qualifies for this discount.

Keep in mind that most of the big mark downs will not be given to the entire cost. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, car insurance companies aren’t that generous.

To see a list of insurance companies offering car insurance discounts, click here to view.

Porsche 911 insurance rates consist of many parts

It’s important that you understand the rating factors that help determine the price you pay for auto insurance. When you know what positively or negatively influences your rates allows you to make educated decisions that will entitle you to better auto insurance rates.

  • Do you have enough liability coverage? – The liability section of your policy is the coverage that protects you in the event that you are found to be at fault for damages caused by your negligence. It provides legal defense which can cost thousands of dollars. Liability is cheap compared to insuring for physical damage coverage, so drivers should carry high limits.
  • Don’t buy coverages you don’t need – There are many add-on coverages that you can get tricked into buying when buying auto insurance. Things like rental car reimbursement, accidental death and additional equipment coverage are examples of these. They may seem like a good idea when you first buy your policy, but now you might not need them so remove them from your policy.
  • Marriage pays dividends – Having a spouse can actually save you money on auto insurance. Marriage usually means you are more mature and responsible and it’s proven that drivers who are married are more cautious.
  • How credit affects auto insurance rates – Credit score is a big factor in your rate calculation. Drivers with excellent credit tend to file fewer claims and have better driving records than drivers with lower credit scores. So if your credit is low, you could pay less to insure your 2012 Porsche 911 by repairing your credit.

What coverages do I need?

When choosing proper insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance should reflect that For example, these questions might help in determining whether your personal situation would benefit from an agent’s advice.

  • Do I pay less for low miles?
  • How can I get high-risk coverage after a DUI?
  • What is the difference between comprehensive and collision coverage?
  • What is medical payments coverage?
  • Am I covered when driving someone else’s vehicle?
  • How can I find cheaper teen driver insurance?
  • Can I afford to buy a different vehicle if my 2012 Porsche 911 is totaled?
  • Does liability extend to a camper or trailer?
  • Should I sign the liability waiver when renting a car?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Auto insurance myths debunked

Auto insurance companies such as Allstate and Progressive consistently run ads on TV and radio. They all seem to have a common claim that you’ll save big if you change to their company. How can each company claim to save you money?

Different companies can use profiling for the type of customer they prefer to insure. A good example of a driver they prefer could be between the ages of 40 and 55, has no tickets, and has a high credit rating. Any driver who matches those parameters receives the best rates and therefore will save quite a bit of money when switching.

Potential insureds who are not a match for this ideal profile will be quoted higher rates which leads to the driver buying from a lower-cost company. Company advertisements say “people who switch” but not “drivers who get quotes” save money. That’s why insurance companies can advertise the way they do. This emphasizes why you need to quote coverage with many companies. It’s just too difficult to predict which company will fit your personal profile best.

Auto insurance coverages and their meanings

Having a good grasp of your auto insurance policy aids in choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types available from auto insurance companies.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for short-term medical expenses such as dental work, surgery, rehabilitation expenses, hospital visits and nursing services. They can be used in conjunction with a health insurance program or if you do not have health coverage. It covers both the driver and occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible

Liability coverage

This will cover damage that occurs to a person or their property by causing an accident. This insurance protects YOU against other people’s claims, and 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. Your policy might show liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers things like repair bills for other people’s vehicles, funeral expenses, attorney fees, medical services and repair costs for stationary objects. How much coverage you buy is your choice, but you should buy as high a limit as you can afford.

Auto collision coverage

This coverage covers damage to your 911 caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims like sustaining damage from a pot hole, backing into a parked car and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also bump up the deductible to save money on collision insurance.

Comprehensive coverages

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

Comprehensive coverage pays for things such as hail damage, hitting a deer and rock chips in glass. The most a auto insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Be a money saver!

In this article, we presented many ideas to lower your 2012 Porsche 911 insurance rates. The most important thing to understand is the more providers you compare, the better your comparison will be. Consumers may even find the most savings is with an unexpected company. These companies may often insure only within specific states and give getter rates than the large multi-state companies such as Allstate and Progressive.

As you go through the steps to switch your coverage, make sure you don’t sacrifice coverage to reduce premiums. Too many times, an insured cut full coverage and learned later they didn’t have enough coverage. The aim is to get the best coverage possible at a price you can afford while still protecting your assets.

The cheapest insurance is attainable from both online companies in addition to many insurance agents, so compare prices from both in order to have the best chance of saving money. Some insurance companies do not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

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