2001 Porsche Boxster Insurance Cost – 10 Tricks for Best Prices

Want better auto insurance rates for your Porsche Boxster? Shopping for the lowest cost auto insurance on the internet is intimidating for consumers not familiar with shopping for insurance online. Because there are so many companies competing online, how can drivers even start to compare every company to locate the lowest price available?

It’s a good habit to take a look at other company’s rates every six months due to the fact that insurance rates change frequently. If you had the best rates for Boxster insurance six months ago the chances are good that you can find a lower rate today. There is a lot of bad advice regarding auto insurance online, so by reading this article, you’re going to learn some great ways to reduce your auto insurance bill.

Compare the Market for Insurance Coverage

There are several ways to compare quotes and find the best price. The easiest way to find the cheapest 2001 Porsche Boxster insurance rates consists of shopping online. This is very easy and can be done using a couple different methods.

  1. The first (and easiest) way to get quotes for comparison is a comparison rater form like this one (opens in new window). This easy form prevents you from having to do a different quote for each company you want a rate for. Just one form gets you coverage quotes from many national carriers. It’s definitely the quickest method.
  2. A less efficient way to analyze rates is going to each company website and fill out their own quote form. For examples sake, we’ll assume you want rates from Allstate, 21st Century and Farmers. You would have to spend time on each company’s site and enter your information, which is why most consumers use the first method.

    For a list of links to companies insuring cars in your area, click here.

It’s up to you how you get prices quotes, just make darn sure you compare identical deductibles and coverage limits on every quote. If the quotes have different values for each quote then you won’t be able to make an equal comparison. Quoting even small variations in insurance coverages can mean a large discrepancy in price. And when price shopping your coverage, comparing more company’s prices helps you find lower pricing.

Save with discounts on 2001 Porsche Boxster insurance

Companies offering auto insurance do not advertise every discount in a way that’s easy to find, so we took the time to find some of the best known as well as the least known discounts you could be receiving.

  • Drive Less and Save – Keeping the miles down on your Porsche could be rewarded with a substantially lower rate.
  • Drive Safe and Save – Safe drivers may save up to 50% more for Boxster insurance than drivers with accidents.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.
  • Driver’s Ed – Cut your cost by having your teen driver successfully complete driver’s ed class if it’s offered in school.
  • Life Insurance – Some companies give better rates if you take out life insurance from them.
  • Multiple Cars – Having all your vehicles on the same car insurance policy may reduce the rate for each vehicle.
  • No Claims – Drivers with accident-free driving histories pay much less as compared to bad drivers.
  • Military Discounts – Being on active duty in the military can result in better rates.
  • Homeowners Pay Less – Simply owning a home may trigger a car insurance policy discount because owning a home demonstrates responsibility.
  • Discount for Swiching Early – Some insurance companies reward drivers for signing up before your current expiration date. The savings is around 10%.

A little note about advertised discounts, most discounts do not apply the the whole policy. Most only apply to individual premiums such as medical payments or collision. So when it seems like you could get a free car insurance policy, companies wouldn’t make money that way.

Insurance companies who might offer some of the above discounts may include but are not limited to:

It’s a good idea to ask every prospective company what discounts are available to you. Savings might not be offered in your state.

Tailor your coverage to you

When choosing coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s needs are different.

These are some specific questions can aid in determining whether you might need professional guidance.

  • Should I bundle my homeowners policy with my auto?
  • What is an SR-22 filing?
  • Do I have coverage when making deliveries for my home business?
  • How can I find cheaper teen driver insurance?
  • Which is better, split liability limits or combined limits?
  • What if I don’t agree with a claim settlement offer?
  • Does my car insurance cover rental cars?
  • Are rock chip repairs covered?
  • Can I drive in Mexico and have coverage?
  • Am I covered if I hit my neighbor’s mailbox?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.

Car insurance coverage information

Knowing the specifics of your policy can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Comprehensive insurance

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

Comprehensive insurance covers things like falling objects, damage from flooding and fire damage. The most your auto insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for immediate expenses like doctor visits, X-ray expenses, EMT expenses and prosthetic devices. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your 2001 Porsche Boxster.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Auto liability

Liability insurance provides protection from damage or injury you incur to people or other property that is your fault. It protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability coverage pays for claims like medical expenses, loss of income, attorney fees and legal defense fees. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage 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 insurance covers claims such as backing into a parked car, damaging your car on a curb, driving through your garage door and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper collision rates.