2018 Porsche 718 Cayman Insurance Cost – 9 Tips for Best Prices

Trying to find better insurance rates for your Porsche 718 Cayman? Searching for better insurance prices for a Porsche 718 Cayman can turn out to be an all-consuming task, but you can follow our insurance buying tips and make it easy.

There is a right way and a wrong way to compare insurance rates so we’re going to tell you the best way to get price quotes for your Porsche and get the cheapest rates.

You need to compare premium rates every six months due to the fact that insurance prices fluctuate regularly. Even if you think you had the best deal for 718 Cayman insurance at your last renewal you may be paying too much now. Forget anything you know (or think you know) about insurance because I’m going to teach you the fastest and easiest way to reduce your cost while increasing coverage.

Pricing the cheapest protection is quite easy. If you have insurance now or are looking for a new policy, you can follow these tips to get lower rates while maintaining coverages. Drivers just need to understand how to shop on the web.

Quote insurance online

Comparing insurance rates can take hours if you don’t know the most efficient way. You can waste a few hours (or days) driving to local insurance agents in your area, or you could save time and use online quotes to get rates in a matter of minutes.

Many insurance companies participate in a marketplace that enables customers to submit their information once, and every company can give them a price. This eliminates the need for quotation requests for each company you want a rate for.

To get comparison pricing now click here to open in new window.

The only drawback to getting quotes like this is you cannot specify which carriers to receive prices from. So if you prefer to choose specific providers to compare, we have a listing of the cheapest insurance companies in your area. Click here for list of insurance companies.

Whichever way you choose to compare rates, ensure you are comparing apples-to-apples deductibles and coverage limits with every price quote. If you are comparing different limits and deductibles on each one then you won’t be able to make a fair rate comparison.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Does insurance advertising bend the truth?

Drivers can’t avoid all the ads that promise big savings for switching from the likes of Geico, State Farm and Progressive. They all seem to have a common claim that you can save after switching your policy.

But how can every company charge you a lower premium? It’s all in how they say it.

Many companies quote the lowest rates for the type of driver that earns them the highest profit. An example of a driver they prefer could be between 25 and 40, carries full coverage, and drives newer vehicles. A driver who matches that profile may get the lowest prices and will also pay quite a bit less when switching companies.

Consumers who are not a match for those standards will see more expensive rates which results in the customer buying from someone else. The trick companies use is to say “drivers who switch” but not “all drivers who get quotes” can get the lowest rates when switching. That’s why insurance companies can confidently state the savings.

Because each company has a different risk profile, you need to do a rate comparison at every renewal. You cannot predict which insurance company will provide the lowest car insurance rates.

Find discounts on auto insurance

Some companies don’t always advertise every policy discount very well, so the following is a list of a few of the more well known and also the lesser-known discounts that you can inquire about if you buy auto insurance online.

• Clubs and Organizations – Joining a civic or occupational organization is a simple method to lower premiums when getting a auto insurance quote.
• Driver Training Discounts – Taking a course that instructs on driving safety may get you a small discount and easily pay for the cost of the class.
• ABS Brakes – Cars and trucks equipped with ABS or steering control are safer to drive and earn discounts up to 10%.
• Early Renewal Discounts – A few auto insurance companies offer discounts for switching to them before your current coverage expires. You may see this discount when you get auto insurance quotes online.
• Payment Discounts – By making one initial payment instead of making monthly payments you can actually save on your bill.
• Savings for New Vehicles – Putting insurance on a new car is cheaper because newer models have to meet stringent safety requirements.
• Theft Prevention System – Vehicles with anti-theft systems help deter theft and earn discounts up to 10% off your auto insurance quote.
• No Claims – Drivers with accident-free driving histories pay much less in comparison to policyholders that have many claims.
• Accident Forgiveness – This one isn’t a discount, but a few companies such as Progressive and Allstate permit an accident before raising your premiums so long as you are claim-free prior to the accident.

As a footnote on discounts, most discount credits are not given to the entire policy premium. Most only apply to specific coverage prices like collision or personal injury protection. Even though it appears all the discounts add up to a free policy, you won’t be that lucky.

If you would like to choose from a list of companies that offer some of these discounts, click here.

Tailor your auto insurance coverage to you

When it comes to buying proper insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Every insured’s situation is different.

For example, these questions might point out whether you might need an agent’s assistance.

• Am I covered if I break a side mirror?
• Does car insurance cover theft of personal property?
• Is my trailer covered?
• Am I better off with higher deductibles on my 2018 Porsche 718 Cayman?
• Which is better, split liability limits or combined limits?
• Does coverage extend to Mexico or Canada?
• Does my insurance cover a custom paint job?
• Can my teen driver be rated on a liability-only vehicle?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form. It is quick, free and you can get the answers you need.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Detailed coverages of your car insurance policy

Learning about specific coverages of a car insurance policy aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring.

Auto liability insurance

Liability coverage will cover injuries or damage you cause to other people or property. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability can pay for claims such as emergency aid, repair costs for stationary objects and medical services. The amount of liability coverage you purchase is a personal decision, but consider buying as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 2018 Porsche 718 Cayman.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally the UM/UIM limits do not exceed the liability coverage limits.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for immediate expenses such as nursing services, pain medications, prosthetic devices, ambulance fees and EMT expenses. The coverages can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. It covers both the driver and occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Collision coverage

This coverage pays for damage to your 718 Cayman resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as scraping a guard rail, colliding with another moving vehicle, rolling your car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Comprehensive insurance

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like hitting a deer, a tree branch falling on your vehicle and hail damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

A penny earned…

As you shop your coverage around, make sure you don’t skimp on critical coverages to save a buck or two. There are a lot of situations where someone dropped uninsured motorist or liability limits and learned later they didn’t purchase enough coverage. The proper strategy is to buy a smart amount of coverage at an affordable rate while still protecting your assets.

Some insurance companies may not provide rates over the internet regional carriers only sell through independent agents. Discount 2018 Porsche 718 Cayman insurance is definitely available on the web in addition to local insurance agencies, so you should be comparing quotes from both to have the best rate selection.

In this article, we covered many ideas to save on 2018 Porsche 718 Cayman insurance. The most important thing to understand is the more you quote auto insurance, the better your chances of lowering your car insurance rates. You may be surprised to find that the most savings is with some of the lesser-known companies.

Additional detailed information can be found at these sites:

• Driving in Bad Weather (Insurance Information Insitute)
• Distracted Driving Extends Beyond Texting (State Farm)
• What are my Rights when Filing a Claim? (Insurance Information Insitute)
• What if I Can’t Find Coverage? (Insurance Information Insitute)

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption