2001 Porsche Boxster Insurance Quotes

Want better auto insurance rates for your Porsche Boxster? Trying to find better insurance prices for a Porsche Boxster can normally be a painful process, but you can follow a few tricks and make it easy. There is a right way and a wrong way to compare auto insurance rates and you need to know the proper way to get price quotes for a new or used Porsche and get the best price possible.

Consumers should take time to get comparison quotes once or twice a year due to the fact that insurance rates are constantly changing. Just because you found the best rates for Boxster coverage a year ago other companies may now be cheaper. Starting now, block out anything you think you know about auto insurance because I’m going to teach you the fastest and easiest way to remove unneeded coverages and save money.

Parts of the Porsche Boxster rate equation

It’s important that you understand the factors that go into determining the price you pay for insurance coverage. Understanding what impacts premium levels empowers consumers to make smart changes that could result in lower insurance coverage prices.

  • Consolidate policies to earn discounts – The majority of insurance coverage companies will award you with lower prices to customers who buy several policies from them such as combining an auto and homeowners policy. Discounts can add up to ten or even up to twenty percent in some cases. If you currently are using one company, it’s in your best interest to compare other company rates to verify if the discount is saving money.
  • Never go without insurance – Allowing your coverage to lapse will be a sure-fire way to increase your insurance coverage rates. Not only will you pay more, but not being able to provide proof of insurance will get you a steep fine or even jail time.Then you may be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.
  • Don’t sacrifice liability coverage – Liability insurance will protect you if you are found liable for personal injury or accident damage. It will provide legal defense up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so buy as much as you can afford.
  • Choose a safe vehicle and save – Vehicles with high crash test scores tend to have better insurance rates. Safer cars protect occupants better and fewer injuries means less money paid by your insurance company and more competitive rates for policyholders. If your Porsche is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Poor credit can mean higher rates – Your credit history is a big factor in calculating your insurance coverage rates. If your credit rating is not that good, you could save money insuring your 2001 Porsche Boxster by spending a little time repairing your credit. People with good credit tend to be more responsible than drivers who have lower credit scores.
  • Don’t buy coverages you don’t need – There are quite a few extra bells and whistles you can purchase on your insurance coverage policy. Things like personal injury protection, better glass coverage and membership fees may be wasting your money. These coverages may sound good when you first buy your policy, but your needs may have changed so remove them from your policy.
  • Sex matters – Statistics have proven that men are more aggressive behind the wheel. That doesn’t necessarily mean that women are better drivers. Both sexes cause accidents in similar numbers, but men cause more damage. Men also receive more costly citations like reckless driving and DUI. Youthful male drivers are several times more likely to be in an accident and thus pay the highest rates.

Car Insurance Comparison Rates

All major car insurance companies provide coverage price quotes online. This process is quite easy as you simply enter the coverage amounts you desire into the quote form. Once entered, their system collects your driving record and credit report and generates pricing information determined by many factors.

This simplifies rate comparisons, but the process of having to visit many different websites and enter the same data into a form is monotonous and tiresome. But it’s very important to perform this step in order to get the lowest possible prices on car insurance.

Rate comparisons made easy

A more efficient way to lower your rates is to use a quote form that gets price quotes from several companies at one time. This type of form saves time, reduces the work, and makes price shopping online much more enjoyable and efficient. As soon as you send your information, it is rated and you can choose any of the quotes returned. If the quotes result in lower rates, you can simply submit the application and buy the policy. This process takes less than 15 minutes and you’ll know if lower rates are available.

In order to get comparison pricing now, click here to open in new window and begin entering your coverage information. If you have coverage now, it’s recommended you enter your coverages identical to your current policy. Doing this guarantees you will have a rate comparison based on the exact same insurance coverage.

Is there deception in advertising?

Consumers can’t ignore all the ads for the lowest price auto insurance by companies like Geico, State Farm and Progressive. They all seem to make an identical promise about savings if you move to them.

How does each company make almost identical claims? It’s all in the numbers.

All the different companies have a certain “appetite” for the type of driver they prefer to insure. An example of a driver they prefer could possibly be between the ages of 30 and 50, has no prior claims, and has a high credit rating. A propective insured who matches those parameters is entitled to the best price and most likely will pay quite a bit less when switching companies.

Potential customers who don’t qualify for the “perfect” profile must pay a higher premium and this can result in the driver buying from a lower-cost company. The ads say “customers who switch” not “people who quote” save that much money. This is how companies can truthfully make those claims. This illustrates why you absolutely need to quote coverage with many companies. You cannot predict which insurance company will have the lowest Porsche Boxster insurance rates.

Discounts are basically free money

Companies offering auto insurance don’t always list every discount in an easy-to-find place, so we took the time to find both well-publicized and the more hidden ways to save on auto insurance. If they aren’t giving you every credit possible, you’re paying more than you need to.

  • One Accident Forgiven – Some insurance companies will allow you to have one accident before your rates go up if you are claim-free prior to the accident.
  • Military Rewards – Being on active duty in the military could be rewarded with lower premiums.
  • 55 and Retired – If you’re over the age of 55, you may receive a small decrease in premiums for Boxster coverage.
  • Government Employees – Active or retired federal employment can save as much as 8% for Boxster coverage with select insurance companies.
  • Early Signing – Some insurance companies reward drivers for switching to them before your current expiration date. This can save 10% or more.

A little note about advertised discounts, most of the big mark downs will not be given the the whole policy. Most only apply to specific coverage prices like comprehensive or collision. So when it seems like all the discounts add up to a free policy, you won’t be that lucky.

Car insurance companies who might offer these money-saving discounts include:

Before buying, ask all companies you are considering what discounts are available to you. All car insurance discounts may not be available in your area.

Which insurance is the “right” coverage?

When buying proper insurance coverage, there really is not a best way to insure your cars. Each situation is unique.

For instance, these questions can aid in determining if you may require specific advice.

  • Why do I only qualify for high-risk insurance?
  • How do I file an SR-22 for a DUI in my state?
  • Are my friends covered when driving my car?
  • Is my teen driver covered when they drive my company car?
  • What is the minimum liability in my state?
  • When should my teen driver be added to my policy?
  • How much can I save by bundling my policies?
  • Should I bundle my homeowners policy with my auto?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an agent. To find lower rates from a local agent, fill out this quick form. It’s fast, doesn’t cost anything and may give you better protection.

Specific coverage details

Understanding the coverages of your policy can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Liability insurance

This protects you from damage that occurs to people or other property that is your fault. It protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things like attorney fees, medical services, structural damage and funeral expenses. The amount of liability coverage you purchase is a personal decision, but you should buy higher limits if possible.

Uninsured Motorist or Underinsured Motorist insurance

This provides protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your 2001 Porsche Boxster.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as vandalism, a broken windshield, fire damage 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.

Collision coverage

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

Collision can pay for things such as scraping a guard rail, hitting a mailbox and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Insurance for medical payments

Med pay and PIP coverage kick in for short-term medical expenses like funeral costs, hospital visits, doctor visits and chiropractic care. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. They cover you and your occupants as well as if you are hit as a while walking down the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

More quotes mean more savings

When buying insurance coverage, make sure you don’t buy lower coverage limits just to save a few bucks. There have been many situations where an insured dropped liability coverage limits only to regret at claim time that the few dollars in savings costed them thousands. The proper strategy is to buy the best coverage you can find at a price you can afford while not skimping on critical coverages.

Affordable 2001 Porsche Boxster insurance can be found from both online companies as well as from independent agents, so compare prices from both to get a complete price analysis. Some insurance companies don’t offer online price quotes and many times these small, regional companies only sell through independent insurance agents.

Consumers switch companies for any number of reasons including delays in paying claims, delays in responding to claim requests, extreme rates for teen drivers or even questionable increases in premium. It doesn’t matter what your reason, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

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