Cheap 1998 Porsche 911 Insurance Quotes

Trying to find better insurance rates for your Porsche 911? Having to pay for overpriced Porsche 911 insurance can dwindle your bank account and put a big crunch on your finances. Comparison shopping is a smart way to cut your insurance bill.

Having so many insurance companies to choose from, it is very difficult to pick the cheapest company.

It’s a good habit to shop coverage around at least once a year since rates are rarely the same from one policy term to another. If you had the best rates for 911 coverage six months ago you may be paying too much now. Ignore everything you know about insurance because we’re going to demonstrate one of the best ways to eliminate unnecessary coverages and save money.

Compare the Market for Auto Insurance

The are a couple different ways to compare rate quotes from different insurance companies. The best method to find competitive 1998 Porsche 911 insurance rates is to get quotes online. This is very easy and can be done in a couple of different ways.

The first (and easiest) way to find the lowest comparison rates is to use a rate comparison form (click to open form in new window). This method prevents you from having to do separate quotation requests for each company you want a rate for. Completing one form compares rates direct from many companies.

A harder way to get comparison quotes requires you to visit each individual company website and complete a new quote form. For examples sake, we’ll assume you want comparison quotes from Auto-Owners, Geico and American Family. To get each rate you have to go to every website and enter your information, which is why most consumers use the first method. For a handy list of car insurance company links in your area, click here.

The least recommended method to compare rates is to waste gas driving to and from local insurance agencies. The ability to buy insurance online makes this process obsolete unless you want the professional advice of a licensed agent. You can, however, get prices online but still have the advice of a local agent. We’ll cover that shortly.

It’s up to you how you get prices quotes, just make absolute certain that you use identical deductibles and coverage limits with every price quote. If you have differing limits it will be impossible to determine the lowest rate for your Porsche 911. Quoting even small variations in coverage limits can mean a large discrepancy in price. And when price shopping your coverage, comparing a large number of companies will enable you to find a lower rate.

Slick advertising tricks that work

Insurance coverage providers like State Farm, Geico and Progressive constantly bombard you with television and radio advertisements. They all say the same thing about savings if you switch your policy. How does each company make almost identical claims? It’s all in the numbers.

All the different companies are able to cherry pick for the driver they prefer to insure. An example of a profitable customer could possibly be over the age of 40, insures multiple vehicles, and chooses high deductibles. A customer who fits that profile is entitled to the best price and most likely will save when they switch companies.

Potential customers who don’t meet the requirements will be charged higher prices which usually ends up with business not being written. The ads say “customers who switch” not “everyone that quotes” save that much. This is how companies can truthfully advertise the way they do.

That is why you absolutely need to compare as many rates as you can. You cannot predict which insurance companies will have the lowest Porsche 911 insurance rates.

These factors can influence what you pay for Porsche 911 insurance

Smart consumers have a good feel for some of the elements that go into determining insurance rates. Having a good understanding of what impacts premium levels enables informed choices that can help you get lower insurance prices.

Listed below are a partial list of the pieces insurance companies consider when setting your rates.

  • Save money with special equipment – Purchasing a vehicle with anti-theft technology or alarm system can help bring down rates. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping auto theft.
  • Are you male or female? – Statistics demonstrate women are more cautious behind the wheel. However, don’t assume that women are better drivers. Both sexes are in accidents at about the same rate, but the men cause more damage and cost insurance companies more money. Men also statistically receive more costly citations such as reckless driving.
  • Don’t get talked into coverage you don’t need – There are many extra bells and whistles you can purchase on your insurance policy. Insurance for roadside assistance, better glass coverage and membership fees are some examples. They may seem good at first, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Rate your vehicle for proper use – Driving more miles every year the higher your rates will be. Almost all companies apply a rate based upon how you use the vehicle. Cars and trucks used primarily for pleasure use can get a lower rate compared to those used for work or business. An improperly rated 911 may be wasting your money. Double check that your insurance coverage shows the proper vehicle usage, because it can save money.
  • Your stress level may be raising your rates – Occupations like judges, executives and financial analysts are shown to have higher average rates because of high stress and long work days. Conversely, occupations such as farmers, engineers and the unemployed pay the least for 911 coverage.
  • Teen drivers pay high rates – Mature drivers tend to be more responsible, statistically cause fewer accidents and get fewer tickets. Teenage drivers tend to be less responsible in a vehicle and because of this, their insurance rates are much higher.
  • Marriage brings a discount – Being married can actually save you money on your policy. Having a significant other translates into being more responsible and it’s statistically proven that married drivers get in fewer accidents.

Discounts mean cheaper Porsche 911 insurance rates

Insurance can be prohibitively expensive, but there could be available discounts that many people don’t even know exist. Certain discounts will be triggered automatically at the time of quoting, but less common discounts must be requested specifically before they will apply.

  • Military Discounts – Being deployed with a military unit may qualify for rate reductions.
  • Homeowners Pay Less – Simply owning a home can help you save on auto insurance due to the fact that maintaining a home is proof that your finances are in order.
  • Life Insurance Discount – Select insurance companies reward you with a break if you buy auto and life insurance together.
  • Drive Less and Save – Keeping the miles down on your Porsche could qualify for discounted rates on garaged vehicles.
  • Paperless Signup – Some insurance companies may give you up to $50 for buying your policy over the internet.
  • Multi-policy Discount – If you have multiple policies with one insurance company you will save up to 20% off your total premium.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts up to 30%.
  • Senior Discount – If you’re over the age of 55, you may qualify for reduced rates for 911 coverage.
  • Memberships – Affiliation with a civic or occupational organization is a good way to get lower rates on your policy for 911 coverage.

Consumers should know that most credits do not apply to the entire cost. Most only apply to the price of certain insurance coverages like comp or med pay. So even though they make it sound like all those discounts means the company will pay you, companies wouldn’t make money that way. But all discounts will reduce your overall premium however.

Car insurance companies that may have some of the above discounts may include but are not limited to:

Before buying, ask every prospective company which discounts you may be entitled to. Some discounts might not be offered in your area.

Tailor your coverage to you

When choosing coverage, there isn’t really a perfect coverage plan. Each situation is unique and your policy should reflect that. For instance, these questions can aid in determining if your insurance needs would benefit from an agent’s advice.

  • Is my teenager covered with friends in the car?
  • Does my policy cover me when driving someone else’s vehicle?
  • When should I not file a claim?
  • If my 1998 Porsche 911 is totaled, can I afford another vehicle?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • How can I get high-risk coverage after a DUI?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Auto insurance coverages

Understanding the coverages of your policy can be of help when determining the right coverages and the correct deductibles and limits. Insurance terms can be difficult to understand and reading a policy is terribly boring. Shown next are the normal coverages found on most insurance policies.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Porsche 911.

Since many drivers 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 your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Coverage for medical expenses – Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like pain medications, prosthetic devices, surgery, chiropractic care and hospital visits. The coverages can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Liability car insurance – Liability insurance protects you from injuries or damage you cause to a person or their property. It protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability can pay for claims such as court costs, medical expenses and funeral expenses. The amount of liability coverage you purchase is up to you, but buy as high a limit as you can afford.

Collision – Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things like driving through your garage door, colliding with a tree and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. You can also raise the deductible to get cheaper collision coverage.

Comprehensive insurance – This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like damage from flooding, hitting a bird, damage from a tornado or hurricane and theft. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

A penny earned…

You just learned a lot of techniques to get a better price on 1998 Porsche 911 insurance. The most important thing to understand is the more companies you get rates for, the better your comparison will be. You may even find the most savings is with some of the lesser-known companies. Some small companies often have lower prices on specific markets than their larger competitors like State Farm and Allstate.

Lower-priced insurance can be sourced online as well as from independent agents, so compare prices from both to have the best chance of lowering rates. Some insurance coverage companies don’t offer online quoting and many times these small, regional companies only sell through independent insurance agents.

When trying to cut insurance costs, you should never skimp on critical coverages to save a buck or two. There have been many cases where an accident victim reduced liability coverage limits only to regret at claim time that it was a big mistake. Your goal should be to find the BEST coverage at an affordable rate.

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