2009 Porsche 911 Insurance Rates

I can’t think of anyone who likes having to buy auto insurance, especially knowing the price is too high. You have multiple insurers to insure vehicles with, and though it is a good thing to have multiple companies, so many choices can make it hard to compare rates.

These factors can influence Porsche 911 insurance rates

Smart consumers have a good feel for the rating factors that come into play when calculating the rates you pay for car insurance. Knowing what influences your rates empowers consumers to make smart changes that will entitle you to lower car insurance prices.

The list below includes some of the items used by your company to calculate prices.

  • Cautious drivers pay less – Only having one ticket can boost insurance rates twenty percent or more. Careful drivers tend to pay less for car insurance than their less careful counterparts. Drivers with dangerous tickets such as reckless driving, hit and run or driving under the influence are required to file a SR-22 with the DMV in their state in order to prevent a license revocation.
  • Car features impact rates – Choosing a vehicle with an alarm system can get you a discount on your car insurance. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your vehicle from being stolen.
  • Drive a safer car and pay less – Cars with high safety ratings get lower rates. The safest vehicles reduce injuries and lower injury rates translates into savings for insurance companies and lower rates for you. If your Porsche 911 has ratings of a minimum four stars on Safercar.gov it is probably cheaper to insure.
  • Allowing your policy to lapse raises rates – Driving without insurance can get your license suspended and your next policy will cost more because you let your coverage have a gap. Not only will rates go up, failure to provide proof of insurance will get you a revoked license or a big fine.Then you may be required to prove you have insurance by filing a SR-22 with your state motor vehicle department to get your license reinstated.
  • More claims means more premium – If you tend to file frequent claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Insurance companies generally give discounts to people who are claim-free. Auto insurance is intended for the large, substantial claims.
  • Extra add-on coverages are wasting money – There are a ton of additional coverages that can waste your money if you aren’t careful. Coverages like roadside assistance, accident forgiveness and term life insurance are examples of these. These may sound like a good investment at first, but if they’re wasting money get rid of them and save.
  • Older drivers save more – Teenage drivers are known to be less responsible behind the wheel so car insurance rates are higher. Parents adding a young driver to your car insurance policy can be very expensive. Older drivers tend to be more responsible, statistically cause fewer accidents and are safer drivers.

Automobile Insurance Quotes

Finding lower insurance rates is not rocket science. All that’s required is to spend a few minutes on the computer comparing price quotes online with multiple companies. This can be done using a couple different methods.

  1. The fastest way consumers can analyze rates is to use a rate comparison form like this one (opens in new window). This method keeps you from doing separate quotes for every insurance company. Completing one form will return quotes from multiple low-cost companies.
  2. A more difficult way to find lower rates consists of visiting each individual company website to request a price quote. For sake of this example, let’s assume you want rates from State Farm, 21st Century and Geico. To get each rate you have to go to every website to input your insurance information, and that’s why the first method is more popular. For a list of links to insurance companies in your area, click here.

It doesn’t matter which method you choose, just double check that you are using identical coverage limits with each company. If the quotes have differing limits then you won’t be able to decipher which rate is best.

Save big with these discounts

Insuring your fleet can be pricey, but there could be available discounts that many people don’t even know exist. Some trigger automatically at quote time, but some may not be applied and must be specially asked for before you get the savings. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.

  • Club Memberships – Participating in a civic or occupational organization could qualify you for a break when buying insurance on 911 coverage.
  • Drivers Education – Require your teen driver to enroll in driver’s education if offered at their school.
  • Safety Course Discount – Taking part in a course in driver safety could save 5% or more if you qualify.
  • 55 and Retired – If you’re over the age of 55, you may receive better insurance rates on 911 coverage.
  • Low Mileage Discounts – Low mileage vehicles could qualify for lower rates on the low mileage vehicles.
  • Service Members Pay Less – Being deployed with a military unit can result in better rates.
  • Theft Prevention Discount – Vehicles with anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
  • No Charge for an Accident – A handful of insurance companies allow you one accident without raising rates if your claims history is clear prior to the accident.
  • Own a Home – Owning a home may trigger a insurance policy discount because owning a home demonstrates responsibility.

Drivers should understand that most of the big mark downs will not be given to your bottom line cost. Most only cut the cost of specific coverages such as comprehensive or collision. Just because you may think having all the discounts means you get insurance for free, it just doesn’t work that way. Any amount of discount will reduce the amount you have to pay.

To see a list of providers offering insurance discounts, click here.

But I don’t know anything about car insurance

When choosing the best insurance coverage, there is no single plan that fits everyone. Every insured’s situation is different so your insurance should reflect that For instance, these questions can help discover whether or not you might need an agent’s assistance.

  • Do I need replacement cost coverage on my 2009 Porsche 911?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • What if I owe more than I can insure my car for?
  • Can I afford to pay high deductible claims out of pocket?
  • Is extra glass coverage worth it?
  • How high should my medical payments coverage be?
  • How can I get my company to pay me more for my totalled car?
  • Should I bundle my homeowners policy with my auto?
  • Does my personal policy cover me when driving out-of-state?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.

Insurance coverages and their meanings

Having a good grasp of insurance helps when choosing the best coverages for your vehicles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverage types found on the average insurance policy.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for immediate expenses for things like rehabilitation expenses, nursing services, dental work, doctor visits and X-ray expenses. The coverages can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Comprehensive coverage

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as vandalism, rock chips in glass, theft, damage from a tornado or hurricane and a tree branch falling on your vehicle. The most your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Auto liability insurance

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

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Some companies may use 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 pain and suffering, bail bonds, repair bills for other people’s vehicles, court costs and medical services. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured/Underinsured Motorist coverage

This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Porsche 911.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Normally these limits are similar to your liability insurance amounts.

Coverage for collisions

Collision insurance pays for damage to your 911 from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like sideswiping another vehicle, hitting a mailbox and scraping a guard rail. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.

At the end of the day…

You just learned some good ideas how to compare 2009 Porsche 911 insurance prices online. The key thing to remember is the more companies you get rates for, the higher your chance of finding lower rates. You may be surprised to find that the biggest savings come from an unexpected company. They often have lower prices on specific markets than the large multi-state companies such as Allstate or State Farm.

Cost effective insurance can be bought from both online companies as well as from independent agents, so compare prices from both so you have a total pricing picture. A few companies don’t offer online quoting and many times these smaller companies only sell through independent insurance agents.

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