Save on 2014 Porsche Boxster Insurance Rates

Are you overwhelmed by the dozens of insurance choices? You’re not alone. Consumers have so many options that it can turn into a big hassle to find the perfect company for you.

Shopping for cheaper insurance is simple if you know the tricks. Essentially every vehicle owner who carries insurance will more than likely be able to cut their insurance bill. Nevertheless, drivers must understand how insurance companies sell insurance online and apply this information to your search.

Pieces of the Porsche Boxster insurance rate puzzle

It’s important that you understand some of the elements that play a part in calculating insurance coverage rates. Having a good understanding of what influences your rates enables informed choices that may reward you with lower insurance coverage prices.

  • Marriage pays dividends – Having a spouse helps lower the price on your policy. Having a significant other is viewed as being more mature than a single person and statistics show drivers who are married are more cautious.
  • Your credit rating is important – Credit history is a large factor in determining your rates. If your credit is not that good, you could save money insuring your 2014 Porsche Boxster by improving your credit score. People with excellent credit tend to be more responsible than drivers who have lower credit scores.
  • Rate your vehicle for proper use – The more you drive in a year’s time the higher your rate. Most companies apply a rate based on how the vehicle is used. Autos left parked in the garage qualify for better rates than those used for commuting. Make sure your insurance coverage policy properly reflects the correct driver usage. If your policy improperly rates your Boxster may be wasting your money.
  • Where you reside plays a part – Being located in a rural area is a positive aspect when buying insurance coverage. Fewer people means reduced accidents and a lower car theft rate. Drivers who live in large cities tend to have more traffic problems and longer commutes to work. Longer commute distances can result in more accidents.
  • Car features impact rates – Purchasing a vehicle with an alarm system can save you a little every year. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping car theft.

Take advantage of discounts

Insuring your fleet can be pricey, but you can get discounts to help bring down the price. Certain discounts will be applied when you purchase, but a few need to be asked about prior to receiving the credit.

  • Military Discounts – Having a family member in the military can result in better rates.
  • Accident Waiver – Certain companies allow you one accident before raising your premiums as long as you don’t have any claims for a set time period.
  • Senior Discount – Older drivers can possibly qualify for reduced rates on Boxster coverage.
  • Anti-theft System – Vehicles with anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Drivers Education – Have your child enroll in driver’s education in high school.
  • Sign Early and Save – Some companies give discounts for buying a policy before your current expiration date. It can save you around 10%.
  • Federal Government Employee – Being employed by or retired from a federal job can save as much as 8% on Boxster coverage depending on your company.
  • Drive Safe and Save – Drivers who don’t get into accidents may save up to 50% more on Boxster coverage than drivers with accidents.

It’s important to note that some of the credits will not apply the the whole policy. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So when it seems like all the discounts add up to a free policy, you’re out of luck. Any amount of discount will help reduce the amount you have to pay.

Car insurance companies that may have some of the above discounts are:

Before buying, ask each company which discounts they offer. Some discounts might not be offered everywhere.

How to know if you need help

When choosing adequate coverage, there is no perfect coverage plan. Everyone’s situation is a little different.

For instance, these questions might help in determining whether your personal situation could use an agent’s help.

  • Does my liability insurance cover pulling a trailer or camper?
  • Should I carry comprehensive and collision coverage?
  • Can my babysitter drive my car?
  • Am I covered when using my vehicle for business?
  • How much liability coverage do I need in my state?
  • Is my ex-spouse still covered by my policy?
  • Am I missing any policy discounts?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, take a second and complete this form.

Car insurance coverage information

Understanding the coverages of your auto insurance policy can help you determine which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.

Coverage for medical payments – Med pay and PIP coverage pay for bills such as X-ray expenses, pain medications and hospital visits. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers both the driver and occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Porsche Boxster.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually the UM/UIM limits are similar to your liability insurance amounts.

Comprehensive coverages – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like rock chips in glass, damage from flooding, damage from a tornado or hurricane, falling objects and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Auto liability – This coverage provides protection from damage or injury you incur to other’s property or people in an accident. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 that translate to a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like medical expenses, loss of income and structural damage. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.

Collision coverage – Collision coverage covers damage to your Boxster resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like sustaining damage from a pot hole, colliding with a tree, hitting a parking meter, damaging your car on a curb and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Another option is to increase the deductible to bring the cost down.

Make an honest buck

We just showed you a lot of techniques to compare 2014 Porsche Boxster insurance prices online. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. Consumers may even find the lowest priced car insurance comes from some of the smallest insurance companies.

When you buy insurance online, never skimp on coverage in order to save money. There have been many situations where an insured dropped physical damage coverage only to regret that the small savings ended up costing them much more. Your strategy should be to get the best coverage possible at the best price, not the least amount of coverage.

Budget-conscious insurance can be found online in addition to many insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some car insurance companies do not provide the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.

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