How Much Does 2011 Porsche 911 Car Insurance Cost?

Consumers have many options when looking for the best price on Porsche 911 insurance. You can either spend your time driving around to get rate comparisons or utilize the internet to compare rates.

There is a right way and a wrong way to shop for insurance coverage so you’re going to learn the absolute fastest way to get price quotes on a Porsche and obtain the lowest possible price.

More discounts mean affordable premiums

Some insurers do not list every disount available in a way that’s easy to find, so we researched both the well known and also the lesser-known discounts you could be receiving when you buy car insurance online.

• Active Service Discounts – Having an actively deployed family member can result in better prices.
• Professional Organizations – Belonging to specific professional or occupational memberships or organizations can get you a small discount when getting a car insurance quote.
• Passive Restraint Discount – Factory air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.
• Early Signing – Some companies give discounts for signing up prior to the expiration date on your current policy. You could save around 10% when you buy car insurance online.
• Discount for Life Insurance – If the company offers life insurance, you could get a discounted premium rate on car insurance if you buy some life insurance in addition to your auto policy.
• Homeowners Pay Less – Being a homeowner can earn you a little savings because maintaining a house is proof that your finances are in order.

It’s important to understand that some credits don’t apply to your bottom line cost. Most cut the price of certain insurance coverages like liability, collision or medical payments. Even though it appears all those discounts means the company will pay you, you’re out of luck.

Companies and a partial list of their discounts are detailed below.

• 21st Century includes discounts for automatic seat belts, 55 and older, defensive driver, student driver, and teen driver.
• Progressive discounts include multi-vehicle, online quote discount, homeowner, multi-policy, online signing, continuous coverage, and good student.
• State Farm offers premium reductions for good driver, Steer Clear safe driver discount, passive restraint, driver’s education, safe vehicle, defensive driving training, and student away at school.
• Nationwide offers discounts including Farm Bureau membership, anti-theft, good student, family plan, and easy pay.
• Esurance policyholders can earn discounts including safety device, claim free, multi-policy, defensive driver, and renters.
• The Hartford offers discounts for air bag, defensive driver, bundle, anti-theft, driver training, vehicle fuel type, and good student.

When quoting, ask every insurance company to give you their best rates. Some of the discounts discussed earlier may not apply in every state.

It’s not one size fits all

When buying adequate coverage, there isn’t really a “best” method to buy coverage. Every situation is different.

Here are some questions about coverages that could help you determine if your insurance needs would benefit from professional advice.

• When should I not file a claim?
• Why am I required to get a high-risk car insurance policy?
• Are my friends covered when driving my car?
• How do I buy GAP insurance?
• Should I waive the damage coverage when renting a car?
• Why am I required to buy high-risk coverage?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Coverages available on your insurance policy

Knowing the specifics of insurance aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Comprehensive or Other Than Collision – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like falling objects, theft, fire damage and damage from a tornado or hurricane. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability – This coverage provides protection from damage that occurs to other’s property or people that is your fault. It protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Alternatively, you may have a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for things like medical services, structural damage and medical expenses. How much liability coverage do you need? That is up to you, but consider buying as much as you can afford.

UM/UIM Coverage – This protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Porsche 911.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Frequently these limits are identical to your policy’s liability coverage.

Medical costs insurance – Med pay and PIP coverage pay for short-term medical expenses like X-ray expenses, pain medications, surgery and nursing services. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision – This pays for damage to your 911 from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like crashing into a building, hitting a mailbox, hitting a parking meter and crashing into a ditch. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to increase the deductible to save money on collision insurance.

Be a smart shopper

People leave their current company for many reasons like extreme rates for teen drivers, an unsatisfactory settlement offer, delays in paying claims or even not issuing a premium refund. Whatever your reason, choosing a new insurance company is not as hard as you think.

We just covered some good ideas how you can lower your 2011 Porsche 911 insurance car insurance rates. The key thing to remember is the more you quote car insurance, the more likely it is that you will get a better rate. Consumers could even find that the biggest savings come from a company that doesn’t do a lot of advertising.

As you prepare to switch companies, it’s not a good idea to reduce coverage to reduce premium. There have been many situations where someone sacrificed comprehensive coverage or liability limits only to discover later they didn’t purchase enough coverage. The proper strategy is to buy the best coverage you can find for the lowest cost, but do not skimp to save money.

Even more information can be found at these sites:

• Insuring a Leased Car (Insurance Information Insitute)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)
• Air Bags: Potential Dangers to Your Children (Insurance Information Insitute)
• What are my Rights when Filing a Claim? (Insurance Information Insitute)
• Neck Injury FAQ (iihs.org)