How Much Does 2006 Porsche Boxster Insurance Cost?

I can’t think of anyone who likes having to buy insurance, especially knowing the cost is way too high.

Many insurers compete for your hard-earned dollar, so it can be very hard to choose a insurance company and get the best coverage at the lowest price

You should take the time to do rate comparisons once or twice a year since insurance rates are constantly changing. If you had the lowest rates for Boxster coverage a year ago you may be paying too much now. You’ll find quite a bit of inaccurate information about insurance online, so with this article, you’re going to get some solid techniques on how to find cheap insurance.

If you are paying for car insurance now, you will most likely be able to lower your premiums substantially using this information. Finding affordable coverage is easy if you know what you’re doing. But vehicle owners can benefit by having an understanding of how insurance companies sell online and take advantage of how the system works.

Pieces of the Porsche Boxster insurance rate puzzle

Consumers need to have an understanding of some of the elements that help determine the price you pay for car insurance. Understanding what determines base rates helps enable you to make changes that could result in lower car insurance prices.

  • Pleasure use or commuting – Driving more miles in a year’s time the more you’ll pay to insure your vehicle. Most insurance companies rate vehicles based upon how you use the vehicle. Cars not used for work or commuting receive lower rates than those used for commuting. Ask your agent if your car insurance coverage is rated on the proper vehicle usage, because improper ratings can cost you money. Incorrect usage on your Boxster can cost quite a bit.
  • Do you need those extra coverages? – There are quite a few extra bells and whistles that you can get tricked into buying if you aren’t careful. Coverages like personal injury protection, accidental death and motor club memberships are examples of these. They may seem like a good idea at first, but if you don’t need them get rid of them and save.
  • Never go without insurance – Having an insurance coverage lapse is a quick way to bump up your car insurance costs. Not only will rates go up, but not being able to provide proof of insurance may earn you a hefty fine and possibly a revoked license.You may need to file a SR-22 with your state motor vehicle department.
  • Bad driving skills means higher rates – Drivers with clean records tend to pay less for car insurance compared to drivers with tickets. Just one ticket may increase your cost twenty percent or more. If you have flagrant violations such as hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 form to the state department of motor vehicles in order to keep their license.
  • Bump up deductibles to save – Physical damage deductibles represent how much money you are required to spend in the event of a claim. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some examples of claims that would be covered could be colliding with a building, damage caused by hail, and burglary. The more expense the insured has to pay upfront, the less your car insurance will be for Boxster coverage.

Verify you’re getting all your discounts

Insuring your vehicles can cost a lot, but you may find discounts to reduce the price significantly. Some discounts apply automatically at the time of purchase, but a few need to be manually applied in order for you to get them.

  • Paperwork-free – A few companies will give a small break simply for signing online.
  • Good Student Discount – Performing well in school can be rewarded with saving of up to 25%. This discount can apply up until you turn 25.
  • Seat Belts Save – Requiring all passengers to wear their seat belts can save 10% or more on the medical payments or PIP coverage costs.
  • Federal Government Employee – Employees or retirees of the government could cut as much as 10% off for Boxster coverage with select insurance companies.
  • Defensive Driver – Completing a course in driver safety could save 5% or more if your company offers it.

As a disclaimer on discounts, most discount credits are not given to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. Even though it may seem like all the discounts add up to a free policy, you’re out of luck. Any amount of discount will cut your overall premium however.

Car insurance companies that possibly offer these benefits include:

It’s a good idea to ask all companies you are considering which discounts they offer. Some discounts might not apply in your state.

When should I talk to an agent?

When it comes to choosing proper insurance coverage, there really is not a single plan that fits everyone. Everyone’s situation is a little different and your policy should reflect that. Here are some questions about coverages that can help discover if you may require specific advice.

  • Is other people’s property covered if stolen from my vehicle?
  • What is PIP insurance?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Does my liability insurance cover pulling a trailer or camper?
  • What happens if I owe more than my 2006 Porsche Boxster is worth?
  • Are rental cars covered under my policy?
  • Why is insurance for a teen driver so high?
  • Is my babysitter covered when using my vehicle?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Information about specific coverages

Knowing the specifics of your auto insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Shown next are typical coverages available from auto insurance companies.

Liability car insurance – This coverage provides protection from damage or injury you incur to other people or property that is your fault. This insurance 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. Your policy might show values of 25/50/25 which stand for $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Another option is a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability insurance covers claims like pain and suffering, repair bills for other people’s vehicles, loss of income and structural damage. How much coverage you buy is up to you, but you should buy as much as you can afford.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like doctor visits, funeral costs and hospital visits. They are often used in conjunction with a health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay

UM/UIM Coverage – This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Porsche Boxster.

Due to the fact that 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. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

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

Collision can pay for things like driving through your garage door, damaging your car on a curb, colliding with another moving vehicle, backing into a parked car and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like hitting a bird, fire damage and rock chips in glass. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Quote often and quote early

We just covered many ideas to shop for 2006 Porsche Boxster insurance online. The most important thing to understand is the more quotes you get, the better your chances of lowering your rates. Consumers may even find the lowest priced insurance comes from the smaller companies. These companies can often provide lower rates in certain areas than their larger competitors like State Farm and Allstate.

Low-cost insurance can be found from both online companies as well as from independent agents, and you should be comparing both to have the best chance of lowering rates. Some insurance companies don’t offer you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

When trying to cut insurance costs, it’s not a good idea to buy lower coverage limits just to save a few bucks. In many instances, someone dropped full coverage only to find out that the small savings ended up costing them much more. The aim is to get the best coverage possible at the best price while not skimping on critical coverages.

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