Lower Your 2014 Porsche Boxster Insurance Cost

Trying to find better insurance rates for your Porsche Boxster? Expensive insurance can dwindle your checking account and put a big crunch on your finances. Comparing price quotes is a smart way to make sure you’re not throwing money away.

Many car insurance companies vie for your business, and it can be difficult to compare rates and uncover the absolute best rate

If you currently have car insurance, you will most likely be able to cut costs considerably using this strategy. Finding the best rates is easy if you know what you’re doing. But drivers should learn how big insurance companies market on the web because it can help you find the best coverage.

What determines your Porsche Boxster insurance premium

It’s important that you understand the factors that go into determining your auto insurance rates. Having a good understanding of what controls the rates you pay helps enable you to make changes that may reward you with much lower annual insurance costs.

  • Do you need the policy add-ons? – There are a lot of extra coverages that you can buy on your auto insurance policy. Coverages for personal injury protection, towing coverage and term life insurance may be wasting your money. They may seem like a good idea when talking to your agent, but if they’re wasting money eliminate them to save money.
  • High credit ratings translate to low rates – A driver’s credit score is a important factor in your rate calculation. If your credit score is lower than you’d like, you could potentially save money when insuring your 2014 Porsche Boxster by improving your rating. Consumers who have high credit scores tend to be less risk to insure than those with poor credit.
  • Your location affects your rates – Choosing to live in a rural area can be a good thing when it comes to auto insurance. Urban drivers regularly have much more traffic and longer commute times. Less people living in that area means a lower chance of having an accident and also fewer theft and vandalism claims.
  • Choose a safe vehicle and save – Vehicles with high crash test scores get lower rates. The safest vehicles protect occupants better and lower injury rates means less money paid by your insurance company and lower rates for you. If your Porsche is rated at least four stars on Safercar.gov you are probably receiving a discount.
  • Pay less if you’re married – Having a wife or husband actually saves money on auto insurance. It usually means you are more mature and responsible it has been statistically shown that being married results in fewer claims.
  • High deductibles save money – Insurance for physical damage to your car, also known as collision and other-than-collision, is used to repair damage to your Porsche. Some examples of claims that would be covered would be running into the backend of another car, damage from fire, and burglary. Your deductibles are how much you are required to spend out-of-pocket before your auto insurance pays a claim. The more money the insured has to pay upfront, the lower your rates will be on Boxster coverage.
  • Allowing your policy to lapse raises rates – Allowing your coverage to lapse will be a fast way to trigger a rate increase. Not only will rates go up, but not being able to provide proof of insurance might get you a revoked license or a big fine.You may then be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.

Comprehensive Auto Insurance Comparison Quotes

Shopping for lower auto insurance rates can be a lot of work if you don’t know the most efficient way. You can waste a lot of time driving to agents in your area, or you can utilize the web to quickly compare rates.

Most of the larger companies enroll in a system where prospective buyers submit their information once, and each company then returns a price quote. This system prevents you from having to do quotation requests to each company.

To compare 2014 Porsche Boxster rates now click here (opens in new window).

The one downside to doing it this way is you can’t choose the insurers you want pricing from. So if you prefer to choose specific insurance companies to compare prices, we have assembled a list of auto insurance companies in your area. View list of insurance companies.

Whichever way you use, compare exactly the same quote information for each comparison quote. If your comparisons have higher or lower deductibles it will be next to impossible to determine which rate is truly the best. Slightly different insurance coverages can mean a large discrepancy in price. And when comparison shopping, more quotes provides better odds of finding the best offered rates.

Policy discounts you shouldn’t miss

Companies that sell car insurance do not list all their discounts in a way that’s easy to find, so here is a list both well-publicized and also the lesser-known auto insurance savings.

  • Anti-theft Discount – Anti-theft and alarm systems help deter theft and will save you 10% or more.
  • Multiple Cars – Buying coverage for all your vehicles on the same auto insurance policy qualifies for this discount.
  • No Claims – Drivers with accident-free driving histories can save substantially compared to drivers who are more careless.
  • Distant Student – Any of your kids who are attending college without a vehicle on campus may be able to be covered for less.
  • No Charge for an Accident – Certain companies will forgive one accident before hitting you with a surcharge if you are claim-free prior to the accident.

Consumers should know that some credits don’t apply the the whole policy. Some only reduce the cost of specific coverages such as liability, collision or medical payments. Just because you may think adding up those discounts means a free policy, it just doesn’t work that way.

Companies that may offer these benefits are:

It’s a good idea to ask every prospective company which discounts you may be entitled to. Some discounts may not be available in every state.

Insurance agents can help

When it comes to buying proper insurance coverage for your vehicles, there really is not a one size fits all plan. Everyone’s needs are different so your insurance needs to address that. These are some specific questions may help highlight whether or not you will benefit from professional help.

  • Does my insurance cover a custom paint job?
  • Is business equipment covered while in my vehicle?
  • Are there companies who specialize in insuring high-risk drivers?
  • Do I have newly-aquired coverage?
  • I have a DUI can I still get coverage?
  • Is my camper covered by my car insurance policy?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies.

Specific coverage details

Having a good grasp of your policy helps when choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverage types found on most insurance policies.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for short-term medical expenses for things like rehabilitation expenses, ambulance fees, chiropractic care and dental work. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Auto collision coverage

Collision coverage covers damage to your Boxster resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like hitting a parking meter, colliding with another moving vehicle, rolling your car, hitting a mailbox and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible to bring the cost down.

Comprehensive insurance

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as vandalism, damage from getting keyed, a broken windshield, a tree branch falling on your vehicle and hail damage. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Porsche Boxster.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Coverage for liability

This coverage protects you from injuries or damage you cause to a person or their property in an accident. This coverage protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for claims such as medical expenses, bail bonds and medical services. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Save your hard earned cash

Cheap 2014 Porsche Boxster insurance can be bought online and also from your neighborhood agents, and you need to price shop both in order to have the best price selection to choose from. Some companies may not provide online price quotes and usually these smaller companies provide coverage only through local independent agents.

You just read many ways to get a better price on insurance. The most important thing to understand is the more price quotes you have, the better chance you’ll have of finding lower rates. Consumers may even find the lowest premiums are with a small local company. These smaller insurers can often insure niche markets at a lower cost than their larger competitors like Progressive and GEICO.

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