How to Compare Sacramento Porsche 911 Insurance

Would you like to find lower-priced Porsche 911 insurance in Sacramento? Wish you could get out of an overpriced auto insurance policy? Don’t feel bad because you’re not alone.

It goes without saying that insurance companies don’t want customers comparing rates. Consumers who get price comparisons are very likely to buy a different policy because they stand a good chance of getting low-cost coverage. A survey found that drivers who routinely compared quotes saved as much as $3,500 over four years as compared to drivers who never compared other company’s rates.

If finding the lowest rates on Porsche 911 insurance is your intention, then having a grasp of how to choose a company and compare insurance coverage can help make the process easier and more efficient.

People have many car insurance companies to purchase coverage from, and although it’s nice to be able to choose, too many choices makes it more difficult to adequately compare rates for Porsche 911 insurance in Sacramento.

The majority of larger companies allow consumers to get prices for coverage on the web. Comparing Porsche 911 insurance rates online is easy for anyone as you just enter your coverage preferences as requested by the quote form. Behind the scenes, their rating system makes automated requests for your driving and credit reports and returns a price based on the data you entered. Quoting online for Porsche 911 insurance in Sacramento simplifies rate comparisons, and it’s also necessary to compare as many rates as possible if you want to find a lower rate.

To compare rates using this form now, consider comparing rates from the companies shown below. If you have a policy now, it’s recommended that you enter coverages and limits as close as possible to your current policy. This ensures you will be getting a fair comparison based on similar coverages.

The following companies are our best choices to provide price comparisons in California. If you want to find cheap car insurance in Sacramento, we suggest you visit as many as you can to get the lowest price.

Protect your Porsche vehicle and other assets

Despite the high cost of buying insurance for a Porsche 911 in Sacramento, maintaining insurance is required by state law in California and it also provides benefits you may not be aware of.

• Just about all states have minimum mandated liability insurance limits which means you are required to carry specific minimum amounts of liability protection if you drive a vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If you bought your Porsche 911 with a loan, most lenders will make it a condition of the loan that you have full coverage to guarantee loan repayment. If you default on your policy, the bank will be required to insure your Porsche at a much higher rate and require you to fork over the higher price.
• Insurance protects not only your vehicle but also your assets. It will also reimburse you for medical bills for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses if you are sued as the result of your driving. If you have damage to your Porsche as the result of the weather or an accident, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.

The benefits of buying enough insurance definitely exceed the price paid, especially for larger claims. Despite what companies tell you, the average driver is wasting up to $865 each year so it’s very important to do a rate comparison at every policy renewal to ensure rates are inline.

Porsche 911 insurance coverage information

The rate information below highlights a range of insurance prices for Porsche 911 models. Understanding how prices are determined is important for making decisions when choosing a new policy provider.

Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Rate quotes do not factor in your specific Sacramento location which can increase or decrease price quotes noticeably.

Policy deductible comparison

One of the most common car insurance questions is how high should your deductibles be. The following tables sum up the rate fluctuation when you buy lower versus higher comp and collision deductibles. The first rate estimation uses a $250 comprehensive and collision deductible and the second set of rates uses a $500 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Price information does not factor in specific garaging location which can lower or raise premium rates substantially.

Based on this data, using a $250 deductible costs an average of $31 more each month or $372 each year across all Porsche 911 models than buying the higher $500 deductible. Because you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you usually have more than 8 months between claim filings, you would probably come out ahead if you choose the higher deductible.

Driving violations and accidents

The diagram below highlights how traffic violations and at-fault collisions raise Porsche 911 insurance rates for different age groups. The costs are based on a married male driver, full physical damage coverage, $100 deductibles, and no discounts are applied to the premium.

Full coverage rates vs. liability-only

The diagram below visualizes the comparison of Porsche 911 annual premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data is based on no driving violations, no at-fault accidents, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.

When to buy liability coverage only

There is no clear-cut formula for dropping comp and collision coverage, but there is a guideline you can consider. If the annual cost of having full coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.

For example, let’s pretend your Porsche 911 replacement cost is $7,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most you would receive is $6,000 after you pay the deductible. If premium cost is more than $600 a year for physical damage coverage, then it could be time to drop full coverage.

There are some circumstances where buying only liability insurance is not financially feasible. If you still have a loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.

Car insurance discounts are available for cheaper rates

Car insurance can be pricey, but discounts can save money and there are some available to help offset the cost. Some discounts apply automatically when you get a quote, but lesser-known reductions have to be specifically requested before they will apply. If you do not double check each discount possible, you could be paying more than you need to.

• Discounts for Federal Employees – Employees or retirees of the government may reduce rates when you quote Sacramento auto insurance with a few car insurance companies.
• Safety Restraint Discount – Drivers who require all occupants to buckle up could cut 10% or more off PIP or medical payments premium.
• Renewal Discounts – A few insurance companies offer discounts for switching companies prior to the expiration date on your current 911 insurance policy. It’s a savings of about 10%.
• No Charge for an Accident – Not a discount per se, but some companies like Progressive, State Farm and GEICO will turn a blind eye to one accident before hitting you with a surcharge if you have no claims for a specific time period.
• ABS Braking Discount – Vehicles equipped with ABS or steering control can stop better under adverse conditions and will save you 10% or more on 911 insurance in Sacramento.

A little note about advertised discounts, most credits do not apply to the entire cost. Most cut specific coverage prices like liability and collision coverage. So even though you would think you can get free auto insurance, car insurance companies aren’t that generous.

The diagram below shows the comparison of Porsche 911 yearly insurance costs with and without discounts applied to the rates. The premiums assume a female driver, a clean driving record, no claims, California state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, safe-driver, marriage, claim-free, and multi-car discounts applied.

Companies and their offered discounts can be found below.

• Esurance may have discounts that include safety device, Switch & Save, good driver, good student, and renters.
• The Hartford may include discounts for bundle, air bag, driver training, good student, vehicle fuel type, anti-theft, and defensive driver.
• AAA may offer discounts for good student, pay-in-full, multi-car, multi-policy, AAA membership discount, and education and occupation.
• GEICO offers discounts including daytime running lights, air bags, five-year accident-free, membership and employees, anti-theft, and military active duty.
• State Farm offers discounts for Steer Clear safe driver discount, multiple policy, driver’s education, defensive driving training, good student, and accident-free.

If you need lower rates, check with each insurance company to apply every possible discount. All car insurance discounts might not apply in your area. To see companies who offer car insurance discounts in California, follow this link.