Cheaper 1993 Porsche 911 Insurance Cost

Looking for cheaper car insurance rates for your Porsche 911? Nobody loves paying for car insurance, especially when they are aware that they are paying too much. Because you have many insurance providers from which to choose, it can be diffult for drivers to choose the cheapest insurance company.

Smart consumers take time to do rate comparisons before your next renewal due to the fact that insurance prices are usually higher with each renewal. Just because you found the lowest rate on 911 coverage a year ago a different company probably has better premium rates today. Block out anything you think you know about car insurance because you’re about to find out the proper way to lower your rates without sacrificing coverage.

Compare quotes for auto insurance

There are multiple methods to compare auto insurance quotes, but there is one way that is easier and takes less work. You can spend countless hours driving to agents in your area, or you could save time and use online quotes to get rate comparisons in just a few minutes.

Many popular insurance companies belong to an insurance system where insurance shoppers enter their coverage request one time, and each company then gives them pricing. This saves time by eliminating repetitive form submissions to each company.

To access this free quoting program, click here to start a free quote.

The one downside to comparing rates this way is you are unable to specify which providers to get quotes from. So if you prefer to pick specific providers to compare prices, we have a listing of low cost auto insurance companies in your area. Click to view list.

The approach you take is up to you, just be sure to compare equivalent quote information for every quote you compare. If you enter mixed coverages you will not be able to decipher which rate is best.

How your 911 insurance rates are determined

Lots of factors are taken into consideration when you quote your car insurance policy. Some are obvious such as your driving history, but other criteria are more obscure such as whether you are married and annual miles driven.It’s important that you understand the different types of things that play a part in calculating the level of your policy premiums. When you understand what impacts premium levels, this enables you to make decisions that could help you find lower rates.

• Liability protection safeguards assets – Liability coverage will protect you when a court rules you are at fault for causing personal injury or damage in an accident. Liability provides legal defense coverage which can cost a lot. This coverage is very inexpensive compared to insuring for physical damage coverage, so drivers should buy more than the minimum limits required by law.
• Never let your auto insurance policy expire – Not maintaining insurance can get you a ticket and any future policy may cost more because you let your insurance coverage expire. And not only will your rates increase, the inability to provide proof of insurance may result in a fine, jail time, or a revoked license.
• Save money by eliminating incidental coverages – There are quite a few optional add-on coverages that you can buy but may not be useful. Insurance for things like replacement cost coverage, towing coverage, and extra equipment coverage are probably not needed. These coverages may sound good when discussing your needs, but if you have no use for them think about removing them and cutting costs.
• Good credit means lower rates – Credit score is a large factor in determining what you pay for auto insurance. Insureds with excellent credit scores tend to file fewer claims and have better driving records than those with lower ratings. If your credit history is not that good, you could save money insuring your 1993 Porsche 911 by spending a little time repairing your credit.
• Your occupation and auto insurance rates – Did you know your auto insurance rates can be affected by your occupation? Occupations such as doctorsairline pilots and miners are shown to have higher rates than average because of intense work situations and long work hours. On the flip side, careers such as scientists, engineers and homemakers have the lowest average rates on 911 coverage.

Verify you’re getting every discount

Some companies don’t necessarily list every disount available in a way that’s easy to find, so the next list breaks down some of the more common and the harder-to-find discounts that may be available.

• First Accident Forgiveness – This one isn’t a discount, but companies like Progressive, Allstate, and Liberty Mutual permit an accident without the usual rate increase if you are claim-free for a set time period.
• Anti-lock Brake System – Cars equipped with ABS or steering control can reduce accidents and will save you 10% or more.
• Good Driver Discount – Insureds without accidents may receive a discount up to 45% on 911 coverage compared to rates paid by drivers with frequent claims.
• Theft Deterent – Cars that have factory anti-theft systems can help prevent theft and that can save you a little bit as well.
• Savings for New Vehicles – Insuring a vehicle that is new can be considerably cheaper because newer vehicles have to meet stringent safety requirements.
• Switch and Save Discount – A few larger companies give discounts for renewing your policy before your current policy expires. You could save around 10% when you buy auto insurance online.
• Government Employees – Active or retired federal employment may qualify for a discount when you quote auto insurance on 911 coverage but check with your company.
• Senior Citizen Discount – Drivers that qualify as senior citizens can get a small discount on rates on 911 coverage.
• Paper-free Discount – A few larger online companies may give you up to $50 for buying your policy on your computer.

We need to note that some of the credits will not apply to all coverage premiums. Some only reduce the cost of specific coverages such as comp or med pay. So despite the fact that it appears adding up those discounts means a free policy, it’s just not the way it works.

Companies that have these discounts include:

• 21st Century
• State Farm
• AAA
• Liberty Mutual
• Progressive

Before you buy a policy, ask every insurance company how many discounts you can get. All car insurance discounts may not apply in your area. To see a list of insurers who offer car insurance discounts, click here.

When should I discuss my situation with an agent?

When it comes to choosing coverage for your personal vehicles, there really is no perfect coverage plan. Your needs are not the same as everyone else’s and your policy should reflect that. For example, these questions could help you determine if your situation may require specific advice.

• Am I covered when driving on a suspended license?
• Can I afford to pay high deductible claims out of pocket?
• Why am I be forced to buy a membership to get insurance from some companies?
• Should I put collision coverage on all my vehicles?
• Am I covered if I hit a deer?
• Why is insurance for a teen driver so high?
• Is business equipment covered while in my vehicle?
• Do I have coverage for damage caused while driving under the influence?
• What is UM/UIM insurance?
• Should I buy more coverage than the required minimum liability coverage?

If you’re not sure about those questions, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.

Specific coverage details

Knowing the specifics of insurance helps when choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement. Listed below are the usual coverages found on most insurance policies.

Comprehensive insurance

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like hitting a bird, falling objects, damage from a tornado or hurricane and hitting a deer. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as surgery, dental work and X-ray expenses. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. PIP coverage is only offered in select states and may carry a deductible

Auto liability

This coverage can cover damage or injury you incur to other’s property or people that is your fault. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things like structural damage, court costs and funeral expenses. How much coverage you buy is your choice, but buy higher limits if possible.

Collision coverage protection

This will pay to fix damage to your 911 resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims like scraping a guard rail, sideswiping another vehicle, hitting a mailbox and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants as well as damage to your Porsche 911.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Keep this in mind

Cheap 1993 Porsche 911 insurance is available both online as well as from independent agents, so you should compare both so you have a total pricing picture. Some insurance companies do not provide the ability to get quotes online and many times these small insurance companies only sell coverage through local independent agents.

When shopping online for insurance coverage, do not buy less coverage just to save a little money. There are a lot of situations where consumers will sacrifice comprehensive coverage or liability limits and discovered at claim time that the few dollars in savings costed them thousands. Your strategy should be to purchase plenty of coverage at the best cost, but do not skimp to save money.

More detailed insurance coverage information is available in these articles:

• Red Light Cameras (State Farm)
• Get the Right Protection (InsureUonline.org)
• Prom Night Tips for Teen Drivers (State Farm)
• How to Avoid Common Accidents (State Farm)
• Child Safety Seats (Insurance Information Insitute)
• Young Drivers: The High Risk Years Video (iihs.org)