Compare 2012 Porsche Boxster Insurance Quotes

Are you a victim of an underperforming, overpriced car insurance policy? Believe me when I say you’re not alone.

Numerous car insurance companies battle for your insurance dollar, so it can be very hard to choose a insurance company to find the cheapest price

Porsche Boxster insurance premiums are calculated by many factors

Consumers need to have an understanding of the factors that go into determining the rates you pay for car insurance. Having a good understanding of what determines base rates enables informed choices that will entitle you to big savings.

  • High credit ratings translate to low rates – Your credit history is a huge factor in calculating your car insurance rates. So if your credit score is not that good, you could potentially save money when insuring your 2012 Porsche Boxster by improving your credit score. People with high credit ratings tend to be more responsible as compared to drivers with lower credit scores.
  • What are your deductibles? – Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Porsche from damage. Examples of covered claims would be collision with another vehicle, damage caused by hail, and windstorm damage. Physical damage deductibles are the amount of money you are required to spend out-of-pocket before your car insurance pays a claim. The more money you’re willing to pay, the bigger discount you will receive on Boxster insurance.
  • More miles equals more premium – The more you drive in a year’s time the more you’ll pay to insure your vehicle. The majority of insurers rate vehicles based on how the vehicle is used. Cars used primarily for pleasure use qualify for better rates compared to those used for work or business. Double check that your car insurance policy properly reflects the correct driver usage. Incorrect usage on your Boxster can cost quite a bit.
  • Do you have a high stress job? – Careers like real estate brokers, architects and financial analysts tend to pay higher average rates in part from high stress levels and lots of time spent at work. Conversely, professions such as pilots, engineers and retirees have the lowest average rates on Boxster insurance.
  • Pay less after the wedding – Having a spouse can actually save you money on car insurance. It means you’re more mature it has been statistically shown that married drivers get in fewer accidents.
  • More people means more accidents – Living in a small town has it’s advantages when it comes to car insurance. Lower population means reduced accidents and a lower car theft rate. Urban drivers have to deal with congested traffic and longer commutes to work. More time on the road can result in more accidents.
  • Men fork out a little more – Statistics have proven that women are safer drivers than men. Now that doesn’t mean women are BETTER drivers than men. They both cause accidents in similar numbers, but the male of the species tend to have more serious accidents. Men also tend to have more aggressive citations such as DWI and reckless driving.

Pay less for 2012 Porsche Boxster insurance

Insurance can be prohibitively expensive, but companies offer discounts to cut the cost considerably. Some discounts apply automatically when you quote, but some must be asked about before they will apply.

  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and therefore earn up to a 10% discount.
  • Auto/Home Discount – If you have multiple policies with the same company you may save up to 20% off your total premium.
  • Drivers Ed for Students – Require your teen driver to take driver’s ed class in high school.
  • No Accidents – Drivers with accident-free driving histories can earn big discounts when compared to drivers who are more careless.
  • Good Students Pay Less – Getting good grades can be rewarded with saving of up to 25%. Earning this discount can benefit you well after school through age 25.
  • Homeowners Pay Less – Owning a home may earn you a small savings due to the fact that maintaining a home shows financial diligence.

A little note about advertised discounts, most discount credits are not given to your bottom line cost. Most only cut individual premiums such as comprehensive or collision. Just because you may think having all the discounts means you get insurance for free, companies wouldn’t make money that way. Any amount of discount will help reduce your premiums.

For a list of companies offering insurance discounts, follow this link.

Is there deception in advertising?

Car insurance companies such as State Farm, Allstate and Geico consistently run ads on TV and radio. They all seem to make an identical promise that you’ll save big if you change to their company. How do they all make the same claim?

Insurance companies are able to cherry pick for the type of customer they prefer to insure. An example of a driver they prefer could be between the ages of 40 and 55, has no driving citations, and has a short commute. A driver who fits that profile receives the best rates and as a result will probably cut their rates substantially.

Drivers who are not a match for the requirements will be quoted higher prices and this can result in the customer not buying. The ads say “drivers who switch” but not “drivers who get quotes” save that much. That’s the way insurance companies can confidently claim big savings.

This emphasizes why you absolutely need to get a wide range of price quotes. It’s not possible to predict which insurance companies will provide you with the cheapest Porsche Boxster insurance rates.

Tailor your coverage to you

When it comes to choosing proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions might point out whether your personal situation would benefit from an agent’s advice.

  • Do I have coverage if my license is suspended?
  • Is my 2012 Porsche Boxster covered for smoke damage?
  • Is pleasure use cheaper than using my 2012 Porsche Boxster to commute?
  • Is my cargo covered for damage or theft?
  • Are there companies who specialize in insuring high-risk drivers?
  • How high should my uninsured/underinsured coverage be in my state?
  • Am I covered if hit by an uninsured driver?
  • When can I cancel my policy?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Specific coverages for a Porsche Boxster

Learning about specific coverages of insurance aids in choosing which coverages you need for your vehicles. Policy terminology can be difficult to understand and reading a policy is terribly boring. Listed below are the usual coverages found on most insurance policies.

Collision – Collision insurance 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 insurance covers claims such as scraping a guard rail, colliding with another moving vehicle and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. You can also choose a higher deductible to bring the cost down.

Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses like rehabilitation expenses, EMT expenses and nursing services. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. They cover all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Comprehensive insurance – This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as theft, hail damage, falling objects and a tree branch falling on your vehicle. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers – This coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Normally these limits are identical to your policy’s liability coverage.

Auto liability – This coverage provides protection from damage that occurs to people or other property in an accident. This coverage protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 100/300/100 which means $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like loss of income, repair bills for other people’s vehicles and attorney fees. How much liability should you purchase? That is your choice, but buy as high a limit as you can afford.

One last thing

As you shop your coverage around, it’s not a good idea to buy poor coverage just to save money. There have been many situations where someone sacrificed collision coverage only to regret at claim time that it was a big error on their part. Your strategy should be to buy the best coverage you can find at an affordable rate.

Low-cost 2012 Porsche Boxster insurance is possible from both online companies and also from your neighborhood agents, so you should be comparing quotes from both to have the best rate selection. Some auto insurance companies may not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

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