How Much Does 1992 Porsche 968 Car Insurance Cost?

Searching for the cheapest car insurance rates for your Porsche 968? Sick and tired of being strong-armed to pay your car insurance bill each month? You have the same problem as many other drivers.

Having so many companies and agents to choose from, it can be impossible to locate the cheapest car insurance company.

You should take the time to get comparison quotes as often as possible because prices are rarely the same from one policy term to another. If you had the best deal on 968 coverage two years ago you may be paying too much now. Forget all the misinformation about car insurance because it’s time to teach you the only way to find better rates and still maintain coverage.

Finding the best rates is not that difficult. If you currently have a car insurance policy, you should be able to lower your premiums substantially using this strategy. Nevertheless, vehicle owners must know how the larger insurance companies compete online and use this information to your advantage.

How to buy insurance coverage online

Most of the larger companies like State Farm, GEICO and Progressive allow you to get prices online. Getting prices online is pretty easy as you just enter your coverage preferences as requested by the quote form. After you complete the form, their quoting system will order information on your driving record and credit history and provides a quote based on the data you entered. Online price quotes helps simplify price comparisons, but having to visit multiple sites and type in your information can get tiresome after awhile. But it’s very important to perform this step if you want to find better prices.

An easier way to find cheaper rates requires only one form to obtain quotes from several companies at one time. The form is fast, helps eliminate reptitive entry, and makes online quotes much easier. After sending the form, it is rated and you can choose your choice of the quotes that you receive. If you find a better price it’s easy to complete the application and buy the policy. This process takes 15 minutes at the most and you’ll know if lower rates are available.

To compare pricing, simply click here to open in new window and input your coverage information. If you have your current policy handy, we recommend you duplicate your coverages exactly as shown on your declarations page. Doing this assures you will have a price comparison for exact coverage.

Discount insurance coverage quotes

Companies don’t necessarily list every discount very well, so the following list contains a few of the more common and also the lesser-known discounts that may be available.

  • Multi-car Discount – Insuring multiple vehicles on the same insurance coverage policy can get a discount for every vehicle.
  • Waiver for an Accident – This isn’t a discount exactly, but certain companies will turn a blind eye to one accident before raising your premiums so long as you haven’t had any claims prior to being involved in the accident.
  • Student Driver Training – Cut your cost by having your teen driver successfully complete driver’s ed class in school or through a local driver safety program.
  • Multi-line Discount – Not every insurance company offers life insurance, but if they do you may earn a lower price if you buy life insurance from them.
  • Discounts for New Vehicles – Buying insurance coverage on a new vehicle is cheaper because newer vehicles have to meet stringent safety requirements.

Keep in mind that many deductions do not apply to the entire cost. The majority will only reduce individual premiums such as comprehensive or collision. Even though it may seem like it’s possible to get free car insurance, insurance coverage companies aren’t that generous.

Companies that may offer policyholders many of the previously listed discounts are:

Before buying, ask all companies you are considering which discounts can lower your rates. Some discounts listed above may not be available in your area.

Tailor your car insurance coverage to you

When it comes to choosing proper insurance coverage for your vehicles, there isn’t really a one size fits all plan. Every situation is different so this has to be addressed. These are some specific questions can aid in determining if you may require specific advice.

  • Am I covered if I drive in a foreign country?
  • Is my cargo covered for damage or theft?
  • Can I rate high risk drivers on liability-only vehicles?
  • Should I put collision coverage on all my vehicles?
  • What are the financial responsibility laws in my state?
  • Can I afford low physical damage deductibles?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Car insurance 101

Learning about specific coverages of your insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Below you’ll find the usual coverages available from insurance companies.

Uninsured and underinsured coverage

This protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and damage to your 1992 Porsche 968.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Coverage for medical payments

Med pay and PIP coverage provide coverage for short-term medical expenses for things like X-ray expenses, chiropractic care and prosthetic devices. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers all vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Collision protection

Collision insurance will pay to fix damage to your 968 resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like damaging your car on a curb, sustaining damage from a pot hole, driving through your garage door and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Comprehensive coverages

Comprehensive insurance pays to fix your vehicle from 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 things like rock chips in glass, a tree branch falling on your vehicle, damage from flooding, hail damage and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability coverage

This coverage can cover damage that occurs to a person or their property that is your fault. This insurance protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability coverage protects against things such as emergency aid, repair costs for stationary objects, attorney fees, pain and suffering and bail bonds. How much coverage you buy is a decision to put some thought into, but you should buy as high a limit as you can afford.