2014 Porsche Cayenne Insurance Quotes – 9 Ways to Save

Are you sick and tired of paying out the nose to keep your car insured? You’re in the same situation as the majority of other consumers.

Lots of car insurance companies contend to insure your vehicles, so it’s not easy to compare every provider and get the definite best rate

How to buy auto insurance

Performing a rate comparison can be exhausting if you don’t understand the most efficient way. You could waste a few hours talking to insurance companies in your area, or you could save time and use the internet to maximize your effort.

Most of the best insurance companies belong to an insurance system that enables customers to send in one quote, and each participating company then gives them pricing based on the submitted data. This prevents consumers from doing quotation requests for every auto insurance company. To enter your information into the quoting system, click here to open in new window.

One minor caviat to doing it this way is that consumers can’t choose which providers to get pricing from. So if you want to choose specific insurance companies to compare rates, we have a page of the cheapest auto insurance companies in your area. Click here to view list.

The method you choose is up to you, but double check that you are using exactly the same quote data with every price quote. If each company quotes higher or lower deductibles it will be nearly impossible to make a fair rate comparison. Slightly different insurance coverages or limits can make a big difference in price. Just remember that making a lot of price comparisons provides better odds of finding more affordable insurance. Not every company does quotes online, so it’s necessary to compare prices from those companies as well.

More affordable rates with these nine discounts

Car insurance is neither fun to buy or cheap, but you may find discounts to reduce the price significantly. A few discounts will be applied at the time of quoting, but once in a while a discount must be specifically requested before they will apply.

  • No Charge for an Accident – This isn’t a discount exactly, but a few companies such as GEICO, Progressive, and Allstate will turn a blind eye to one accident before hitting you with a surcharge as long as you don’t have any claims prior to being involved in the accident.
  • Paperwork-free – A few larger online companies will provide an incentive for buying your policy online.
  • Multi-Vehicle Discounts – Having primary and secondary vehicles on one policy could earn a price break for each car.
  • Good Students Pay Less – This discount may save as much as 25% on a insurance coverage quote. You can use this discount normally up to age 25.
  • Discount for Swiching Early – Some car insurance companies give discounts for renewing your policy before your current policy expires. This can save 10% or more.
  • Braking Control Discount – Cars, trucks, and SUVs with ABS braking systems or traction control have fewer accidents and earn discounts up to 10%.
  • Seat Belts Save – Requiring all passengers to use a seat belt can save a little off the medical payments premium.
  • New Car Discount – Insuring a vehicle that is new may earn a small discount due to better safety requirements for new model year vehicles.
  • Drive Safe and Save – Safe drivers can save as much as half off their rates on Cayenne insurance compared to rates paid by drivers with frequent claims.

A little disclaimer on discounts, some credits don’t apply to all coverage premiums. Most cut individual premiums such as comp or med pay. So when the math indicates you can get free auto insurance, you’re out of luck.

Larger car insurance companies and their offered discounts can be read below.

  • GEICO discounts include multi-policy, membership and employees, daytime running lights, anti-lock brakes, and driver training.
  • Auto-Owners Insurance includes discounts for anti-theft, anti-lock brakes, safe vehicle, teen driver, air bags, and paid in full.
  • American Family has discounts for defensive driver, accident-free, TimeAway discount, mySafetyValet, early bird, multi-vehicle, and good driver.
  • Esurance offers premium reductions for Pac-12 alumni, emergency road assistance, online shopper, online quote, paid-in-full, anti-theft, and Switch & Save.
  • Progressive may offer discounts for online quote discount, multi-vehicle, multi-policy, homeowner, and online signing.
  • State Farm policyholders can earn discounts including good driver, Drive Safe & Save, multiple policy, student away at school, and good student.
  • AAA offers discounts for good driver, multi-policy, anti-theft, pay-in-full, education and occupation, and good student.

When comparing rates, check with every prospective company the best way to save money. Depending on the company, some discounts may not apply in your area. If you would like to see a list of car insurance companies with significant discounts, click here to view.

What is the best car insurance coverage?

When it comes to choosing proper insurance coverage, there isn’t really a perfect coverage plan. Everyone’s needs are different so your insurance needs to address that. For instance, these questions might point out if your insurance needs would benefit from an agent’s advice.

  • Is other people’s property covered if stolen from my vehicle?
  • Do I need special endorsements for business use of my vehicle?
  • Can I afford to buy a different vehicle if my 2014 Porsche Cayenne is totaled?
  • Which companies will insure high-risk drivers?
  • What are the financial responsibility laws in my state?
  • How do I insure my teen driver?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier

Insurance advertising gotchas

Popular insurance providers such as 21st Century, Allstate and State Farm constantly bombard you with television and radio advertisements. All the ads have a common claim that you can save if you move to them. How is it possible that every company can charge you a lower premium? You have to listen carefully.

All the different companies quote their best rates for the type of customer that will not have excessive claims. For example, a profitable insured could possibly be between 25 and 40, owns a home, and chooses high deductibles. Any customer that hits that “sweet spot” will get low prices and have a good chance to save a lot if they switch.

Potential customers who do not fit the “perfect” profile will be quoted higher premiums with the end result being business not being written. The trick is to say “people who switch” but not “everyone who gets a quote” save that much money. This is how insurance companies can confidently state the savings.

Because every company is different, drivers should get a wide range of price quotes. It’s impossible to know with any certainty which company will be your best fit.

Information about specific coverages

Learning about specific coverages of a car insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. These are the normal coverages found on most car insurance policies.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and also any damage incurred to your Porsche Cayenne.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally these limits do not exceed the liability coverage limits.

Coverage for liability – This protects you from injuries or damage you cause to other’s property or people by causing an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.

Liability insurance covers things like court costs, attorney fees and structural damage. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford.

Comprehensive coverage (or Other than Collision) – This coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as hail damage, rock chips in glass and damage from flooding. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Insurance for medical payments – Med pay and PIP coverage pay for bills such as nursing services, pain medications and chiropractic care. They can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverage – Collision insurance covers damage to your Cayenne resulting from a collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as hitting a parking meter, sustaining damage from a pot hole, hitting a mailbox, driving through your garage door and colliding with another moving vehicle. Collision is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Get your money’s worth

Lower-priced insurance coverage can be purchased on the web as well as from insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance providers do not provide online rate quotes and many times these smaller companies provide coverage only through independent agencies.

In this article, we covered some good ideas how you can reduce 2014 Porsche Cayenne insurance rates online. The key thing to remember is the more price quotes you have, the better chance you’ll have of finding inexpensive insurance coverage. You may be surprised to find that the best rates are with a company that doesn’t do a lot of advertising. They can often insure niche markets at a lower cost than their larger competitors like State Farm, GEICO and Nationwide.

Additional information