Lower Your 2002 Porsche 911 Car Insurance Quotes

Trying to find cheaper insurance rates for your Porsche 911? If you are new to online insurance, it’s easy to get bewildered due to the large selection of companies who all claim to have the lowest rates.

It’s a great practice to quote other rates as often as possible since prices change frequently. Even if you got the best rates for 911 coverage last year there may be better deals available now. Forget all the misinformation about insurance because you’re about to learn the tricks you need to know to save on insurance.

Are you qualifying for every discount?

Properly insuring your vehicles can get expensive, but you might be missing out on some discounts that could help you make your next renewal payment. Many of these discounts will be applied automatically when you complete an application, but some discounts are required to be specially asked for prior to receiving the credit.

  • Driving Data Discount – People who choose to allow data collection to spy on driving patterns by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm might get better premium rates if their driving habits are good.
  • Good Driver Discounts – Drivers without accidents can save up to 40% or more on their car insurance quote for 911 coverage compared to rates paid by drivers with frequent claims.
  • Use Seat Belts – Buckling up and requiring all passengers to buckle up before driving can save up to 15% off the personal injury premium cost.
  • Discount for Life Insurance – Some insurance coverage companies give a small discount if you purchase some life insurance in addition to your auto policy.
  • Military Discounts – Having an actively deployed family member may qualify for rate reductions.
  • Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
  • Federal Employees – Simply working for the federal government can earn a discount up to 10% for 911 coverage with a few insurance coverage companies.
  • Theft Deterent – Vehicles that have factory alarm systems and tracking devices help deter theft and therefore earn up to a 10% discount.

Policy discounts save money, but some credits don’t apply to all coverage premiums. Most only reduce the price of certain insurance coverages like comprehensive or collision. So when the math indicates all those discounts means the company will pay you, companies don’t profit that way. But all discounts will lower the premium cost.

If you would like to see a list of insurers that offer many of these discounts, click this link.

Free insurance quotes

There are several ways to shop for insurance, but one way is less time-consuming than others. You could spend your day talking to insurance agencies in your area, or you can utilize online quoting to get rate comparisons in just a few minutes.

Many of the larger companies are enrolled in a marketplace that allows shoppers to submit their information once, and each company then returns a price quote based on that information. This eliminates the need for quote requests to each individual insurance company.

To get comparison pricing now click to open in new window.

The single downside to getting quotes like this is buyers cannot specifically choose which companies you want to price. So if you prefer to pick from a list of companies to receive pricing from, we have a listing of companies who write insurance in your area. Click here for list of insurance companies.

Take whichever approach you prefer, but make sure you compare exactly the same coverage limits for each comparison quote. If you compare mixed coverages you will not be able to get a fair rate comparison. Quoting even small variations in limits may cause a big price difference. And when comparing insurance rates, know that comparing a large number of companies gives you a better chance of getting the best rates. Not every company provides quotes online, so you need to compare quotes from the smaller companies as well.

Learn how to lower your insurance rates

Lots of factors are used in the calculation when pricing auto insurance. A few of the factors are predictable such as your driving record, but some are less obvious such as your marital status or how safe your car is.Part of the insurance coverage buying process is learning some of the things that come into play when calculating the level of your policy premiums. When you know what positively or negatively influences your rates, this allows you to make educated decisions that could result in lower premium levels.

  • Physical damage deductibles – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your Porsche. Some coverage claims could be colliding with a building, flood damage, and having your car stolen. Comprehensive and collision coverage deductibles define how much you are required to spend if a claim is determined to be covered. The more damage repair cost you choose to pay out-of-pocket, the bigger discount you will receive for 911 coverage.
  • GPS tracking and theft deterrents reduce premiums – Choosing a vehicle that has a built-in theft deterrent system can help lower your rates. Anti-theft features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all help prevent auto theft.
  • Drive fewer miles and save – Driving more miles in a year’s time the higher your rates will be. The majority of insurers apply a rate based on how the vehicle is used. Vehicles not used for work or commuting can get a lower rate than cars that get driven a lot. Ask your agent if your declarations sheet correctly shows the correct usage for each vehicle. An incorrectly rated 911 is just wasting money.
  • Premiums impacted by your city – Choosing to live in a rural area has it’s advantages when it comes to insurance coverage. People who live in big cities have more traffic problems and a longer drive to work. Less people living in that area corresponds to lower accident rates in addition to fewer liability claims.
  • Are males or females drivers cheaper? – Statistics demonstrate women are more cautious behind the wheel. The data does not necessarily mean that females are better at driving than males. Both genders have fender benders at a similar rate, but the male of the species cause more damage and cost insurance companies more money. They also get more serious tickets such as DWI and reckless driving. Young men ages 16 to 20 are several times more likely to be in an accident so they pay the highest premiums.
  • Cars with good safety ratings lower premiums – Cars with five star safety ratings tend to have better insurance rates. Highly rated vehicles reduce the chance of injuries and any reduction in injury severity translates into fewer and smaller insurance claims which can mean better rates for you.
  • Your occupation and insurance coverage rates – Did you know your job can affect your rates? Jobs such as lawyers, business owners and financial analysts tend to pay higher rates than the rest of us because of intense work-related stress and incredibly demanding work hours. On the other hand, careers like farmers, students and retirees have the lowest average rates for 911 coverage.

When in doubt talk to an agent

When it comes to buying proper insurance coverage, there isn’t really a “best” method to buy coverage. Your needs are not the same as everyone else’s.

For instance, these questions might point out if you might need an agent’s assistance.

  • Can my teen drive my company car?
  • Does coverage extend to my business vehicle?
  • Am I covered when driving in Canada or Mexico?
  • Do I need an umbrella policy?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Does liability extend to a camper or trailer?
  • Does insurance cover tools stolen from my truck?
  • If my 2002 Porsche 911 is totaled, can I afford another vehicle?
  • Is my 2002 Porsche 911 covered for flood damage?
  • Does my 2002 Porsche 911 qualify for pleasure use?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Big brands don’t always mean big savings

Companies like 21st Century, Allstate and State Farm constantly bombard you with ads on TV and radio. They all make an identical promise that people will save if you just switch your policy. How does every company offer drivers better rates? It’s all in the wording.

Most companies offer their best rates for the type of customer that earns them the highest profit. For example, a preferred risk could be over age 30, has no prior claims, and does not commute to work. Any person who meets those qualifications receives the best prices and will save a lot of money.

Drivers who fall short of those standards may receive a more expensive rate and this results in the driver buying from a lower-cost company. The ads state “drivers who switch” not “everyone who quotes” save the amount stated. That’s the way insurance companies can make claims like that.

Because of this risk profiling, it’s extremely important to compare price quotes frequently. It’s just too difficult to predict which insurance coverage company will have the lowest premium rates for your situation.

Information about specific coverages

Learning about specific coverages of a insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive (Other than Collision)

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like a tree branch falling on your vehicle, fire damage, hail damage and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability

Liability coverage provides protection from damage or injury you incur to other’s property or people that is your fault. This coverage protects you from legal claims by others. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers claims like medical services, funeral expenses and medical expenses. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually these coverages do not exceed the liability coverage limits.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for hospital visits, chiropractic care and EMT expenses. They are utilized in addition to your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Coverage for collisions

Collision coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims such as sustaining damage from a pot hole, rolling your car, driving through your garage door and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Make an honest buck

Insureds change insurance companies for many reasons like denial of a claim, extreme rates for teen drivers, delays in responding to claim requests or questionable increases in premium. Whatever your reason, switching insurance coverage companies is pretty easy and you might even save some money in the process.

The cheapest 2002 Porsche 911 insurance can be purchased both online in addition to many insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance companies do not provide online price quotes and usually these small, regional companies only sell coverage through independent agencies.

In this article, we covered some good ideas how to shop for 2002 Porsche 911 insurance online. The key thing to remember is the more price quotes you have, the better likelihood of getting inexpensive car insurance. You may even find the biggest savings come from a small local company.

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