1997 Porsche Boxster Car Insurance Cost

Looking for the cheapest auto insurance rates for your Porsche Boxster? Tired of being strong-armed to buy car insurance? You’re in the same situation as most other car owners. Online insurance companies like Allstate, Progressive and GEICO increase brand awareness with TV and radio ads and it is challenging if not impossible to not get sucked in by the cute commercials and find the best price available.

Take advantage of discounts

Companies don’t always publicize every available discount in an easy-to-find place, so the following is a list of both well-publicized as well as the least known savings tricks you should be using. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.

  • Discount for Swiching Early – A few companies offer discounts for signing up before your current policy expires. The savings is around 10%.
  • Payment Discounts – If you pay your bill all at once instead of paying each month you may reduce your total bill.
  • Air Bag Discount – Factory air bags or motorized seat belts can receive discounts of more than 20%.
  • Fewer Miles Equal More Savings – Low mileage vehicles could qualify for discounted rates on garaged vehicles.
  • Anti-theft System – Vehicles with anti-theft systems are stolen less frequently and earn discounts up to 10%.
  • Multiple Cars – Buying insurance for all your vehicles on the same insurance coverage policy can get a discount on all vehicles.
  • One Accident Forgiven – Certain companies will allow you to have one accident before hitting you with a surcharge as long as you don’t have any claims for a particular time prior to the accident.
  • 55 and Retired – Older drivers may be able to get a small decrease in premiums on Boxster coverage.
  • Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts could save 15% off the personal injury premium cost.

Keep in mind that most of the big mark downs will not be given to the overall cost of the policy. Most only cut the cost of specific coverages such as medical payments or collision. So even though it sounds like all those discounts means the company will pay you, you’re out of luck.

Insurance companies that possibly offer these money-saving discounts may include but are not limited to:

It’s a good idea to ask every prospective company how you can save money. Some discounts may not apply in your area.

Porsche Boxster insurance rates can be determined by these details

An important part of buying insurance is that you know the rating factors that help determine your insurance coverage rates. Understanding what influences your rates allows you to make educated decisions that will entitle you to lower insurance coverage prices.

  • Safer cars are cheaper to insure – Vehicles with high crash test scores tend to have better insurance rates. These vehicles reduce injuries and lower injury rates means less money paid by your insurance company and thus lower rates. If your Porsche is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Don’t sacrifice liability coverage – Your policy’s liability coverage provides coverage if ever a jury decides you are liable for personal injury or accident damage. Liability insurance provides legal defense starting from day one. This coverage is very inexpensive as compared to coverage for physical damage, so buy as much as you can afford.
  • Rates may be higher depending on your occupation – Did you know your insurance coverage rates can be affected by your occupation? Careers like real estate brokers, architects and accountants tend to have higher rates than average because of high stress and lengthy work days. On the flip side, occupations such as farmers, athletes and performers receive lower rates on Boxster coverage.
  • Credit scores impact insurance coverage rates – A driver’s credit score is a important factor in determining your rates. Drivers with excellent credit tend to file fewer claims and have better driving records than drivers who have lower ratings. Therefore, if your credit rating is low, you could pay less to insure your 1997 Porsche Boxster by spending a little time repairing your credit.
  • Where you reside plays a part – Residing in a rural area has it’s advantages when insuring your vehicles. Drivers who live in large cities have congested traffic and longer commutes to work. Less people living in that area means reduced accidents as well as less vandalism and auto theft.
  • Never go without insurance – Driving your car without having proper coverage is a misdemeanor and as a result your rates will increase for letting your coverage lapse. And not only will insurance be more expensive, getting caught without coverage will get you a steep fine or even jail time.
  • Theft deterrents lower rates – Driving a car with an alarm system can help lower your rates. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder car theft.
  • Lower rates come with age – Older drivers are viewed as being more responsible, statistically cause fewer accidents and receive fewer citations. Teen drivers are statistically proven to get distracted easily behind the wheel therefore insurance coverage rates are much higher.

How to know if you need help

When it comes to choosing the right insurance coverage, there is no perfect coverage plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions may help highlight whether you might need professional guidance.

  • Will I lose any money if I cancel my policy before it expires?
  • Can my teen drive my company car?
  • Do I need roadside assistance coverage?
  • If my 1997 Porsche Boxster is totaled, can I afford another vehicle?
  • Is my camper covered by my car insurance policy?
  • Are there companies who specialize in insuring high-risk drivers?
  • Is there coverage for injuries to my pets?
  • I have health insurance so do I need medical payments coverage?
  • Is motorclub coverage worth it?
  • How high should my medical payments coverage be?

If you can’t answer these questions but one or more may apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area. It’s fast, free and can help protect your family.

Auto insurance myths debunked

Consumers get pounded daily by advertisements that promise big savings from companies such as Progressive, GEICO, Allstate and State Farm. All the companies make the same claim that you can save if you change your policy.

But how can every company make the same claim?

All the different companies are able to cherry pick for the right customer they prefer to insure. An example of a desirable insured might be between the ages of 30 and 50, owns a home, and drives less than 10,000 miles a year. A driver who fits that profile gets the lowest rates and most likely will cut their rates substantially.

Potential customers who do not match the “perfect” profile will be quoted a more expensive rate which leads to business going elsewhere. Company advertisements say “customers that switch” not “everybody who quotes” save money. This is how insurance companies can make those claims. This emphasizes why it is so important to compare as many rates as you can. You cannot predict which company will give you the biggest savings on Porsche Boxster insurance.

Car insurance coverages and their meanings

Learning about specific coverages of your policy aids in choosing the best coverages and the correct deductibles and limits. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages available from car insurance companies.

Collision coverage protection

This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as crashing into a building, hitting a mailbox, crashing into a ditch and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Liability coverage

This coverage will cover damage that occurs to people or other property in an accident. It protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 that translate to a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against things like pain and suffering, bail bonds, emergency aid and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.

Comprehensive insurance

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as hitting a deer, rock chips in glass, a tree branch falling on your vehicle, vandalism and theft. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection when the “other guys” do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Porsche Boxster.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as hospital visits, X-ray expenses and EMT expenses. They can be used in conjunction with a health insurance policy or if you do not have health coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Be a Smart Shopper

In this article, we covered a lot of techniques to shop for 1997 Porsche Boxster insurance online. The key thing to remember is the more rate comparisons you have, the better likelihood of reducing your rate. You may even find the biggest savings come from some of the smallest insurance companies. These smaller insurers may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm and Allstate.

When shopping online for insurance, it’s a bad idea to buy less coverage just to save a little money. In many instances, consumers will sacrifice uninsured motorist or liability limits to discover at claim time that they should have had better coverage. Your strategy should be to purchase plenty of coverage at an affordable rate.

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