2017 Porsche Panamera Insurance Quotes

Shoppers have lots of choices when shopping for affordable Porsche Panamera insurance. You can either waste hours contacting agents to compare prices or save time using the internet to find the lowest rates. There are more efficient ways to compare car insurance rates and we’ll show you the quickest way to quote coverages for your Porsche and locate the cheapest rates from both online companies and local agents.

It’s important to get comparison quotes once or twice a year since prices are rarely the same from one policy term to another. If you had the lowest rates for Panamera coverage six months ago you can probably find a lower rate today. Ignore everything you know about car insurance because we’re going to demonstrate the tricks you need to know to get good coverage at a lower rate.

If you have a current auto insurance policy or need new coverage, you can use these techniques to shop for the lowest rates and possibly find even better coverage. The purpose of this article is to introduce you to how to get online quotes and some money-saving tips. Vehicle owners only need to know how to get comparison rates over the internet.

Compare free insurance price quotes

There are a lot of ways to compare insurance quotes, and some are less labor-intensive and much quicker. You can spend your afternoon discussing policy coverages with insurance agencies in your area, or you can stay home and use the web to quickly compare rates.

Many popular insurance companies enroll in a system that allows shoppers to complete one form, and each company provides a quote. This prevents consumers from doing repetitive form submissions for each company.

To enter your information into the quoting system, click to open in new window.

The one disadvantage to doing it this way is you cannot specify which carriers you will receive quotes from. So if you prefer to choose specific providers to compare prices, we put together a list of the cheapest insurance companies in your area. Click here for list of insurance companies.

You can choose any of those ways to find more affodable coverage, but make sure you use exactly the same coverage data for each comparison quote. If each company quotes mixed coverages you can’t possibly determine the lowest rate for your Porsche Panamera.

Misconceptions in insurance coverage advertisements

Consumers get pounded daily by advertisements for insurance coverage savings by Allstate, Geico and Progressive. All the companies make the point that you’ll save big if you change to them.

How do they all sell you cheaper insurance coverage? It’s all in the words they use.

Insurance companies have specific guidelines for the type of customer that earns them the highest profit. For example, a profitable customer may be over the age of 45, owns a home, and drives less than 10,000 miles a year. Anybody who fits those characteristics will get a cheap rate quote and have a good chance to save if they switch.

Consumers who don’t meet these criteria will probably be forced to pay a higher rate and this can result in business not being written. The ads state “drivers that switch” not “all people who quote” save money. This is how companies can truthfully lure you into getting a quote. Each company has different criteria, so it’s extremely important to do a rate comparison at every renewal. It’s just not possible to know which company will give you lower premium rates than your current company.

Car insurance policy discounts you can’t miss

Some insurance providers don’t necessarily list all possible discounts in a way that’s easy to find, so here is a list a few of the more common and also the more inconspicuous credits that you can use to lower your rates.

  • Drive Less and Save – Fewer annual miles on your Porsche could qualify for cheaper prices.
  • Drive Safe and Save – Safe drivers can pay as much as 50% less for Panamera coverage than drivers with accident claims.
  • Homeowners Discount – Owning a house can help you save on car insurance because owning a home is proof of financial responsibility.
  • Good Student Discount – Excelling in school can save 20 to 25%. The good student discount can last well after school through age 25.
  • Discounts for New Vehicles – Adding a new car to your policy can save you some money because new vehicles have to meet stringent safety requirements.
  • Senior Citizen Discount – If you qualify as a senior citizen, you can get a discount up to 10% for Panamera coverage.
  • Safety Course Discount – Passing a defensive driving course may get you a small discount and also improve your driving technique.

Please keep in mind that most discount credits are not given to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comp or med pay. Just because you may think all those discounts means the company will pay you, you aren’t that lucky.

A partial list of companies that have some of the above discounts may include but are not limited to:

When comparing rates, check with each company what discounts are available to you. Savings might not be offered in your area. To see a list of insurance companies that provide some of the discounts listed above, follow this link.

Insurance agents can help

When choosing proper insurance coverage, there really is not a best way to insure your cars. Everyone’s situation is unique.

Here are some questions about coverages that could help you determine if you may require specific advice.

  • Do I need more liability coverage?
  • Does coverage extend to Mexico or Canada?
  • Will I lose any money if I cancel my policy before it expires?
  • What can I do if my company won’t pay a claim?
  • Do I need higher collision deductibles?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Is my Porsche Panamera covered if I use it for business?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and you can get the answers you need.

Auto insurance coverage basics

Having a good grasp of your auto insurance policy helps when choosing appropriate coverage for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like sustaining damage from a pot hole, sideswiping another vehicle, rolling your car and hitting a mailbox. This coverage can be expensive, so consider dropping it from lower value vehicles. You can also increase the deductible to bring the cost down.

Comprehensive auto coverage

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as vandalism, rock chips in glass, falling objects, hail damage and fire damage. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Coverage for liability

This can cover injuries or damage you cause to people or other property in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 that translate to a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for claims such as repair bills for other people’s vehicles, medical expenses, emergency aid and medical services. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your 2017 Porsche Panamera.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Medical payments and PIP coverage

Med pay and PIP coverage provide coverage for immediate expenses such as doctor visits, hospital visits, ambulance fees, nursing services and X-ray expenses. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Affordable insurance is out there

We just covered many tips how you can compare 2017 Porsche Panamera insurance car insurance rates online. The key thing to remember is the more quotes you get, the better chance you’ll have of finding inexpensive auto insurance. Consumers may even find the most savings is with a lesser-known regional company.

Consumers switch companies for a variety of reasons including high prices, lack of trust in their agent, an unsatisfactory settlement offer and not issuing a premium refund. It doesn’t matter what your reason, finding the right insurance coverage provider is not as hard as you think.

Cheaper insurance coverage is possible from both online companies in addition to local insurance agencies, so you need to quote auto insurance with both to have the best selection. There are still a few companies who may not offer the ability to get quotes online and usually these smaller providers provide coverage only through local independent agents.

More tips and info about insurance coverage can be found in the articles below: