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Porsche Carrera GT Insurance Rates

You have lots of choices when shopping for insurance coverage for your Porsche vehicle. You can either buy through an agent or price shop online to check prices from insurance providers. Finding cheaper car insurance by comparing rates online is simple to do and at the same time you can save money.

Finding the best direct price on car insurance is challenging if you have never used online rate quotes. Don't let that stop you because it's actually quite easy. There are several ways to compare quotes from different insurance companies. The best method to find competitive Carrera GT insurance cost is to perform an online rate comparison. It is quite easy and can be accomplished by completing this short form.

What influences the rate you pay?

Car insurance premiums for your Porsche Carrera GT will vary greatly subject to many criteria. Taken into consideration are:

  • More performance equals higher cost
  • Your accident history
  • Home/auto policy bundles save money
  • Pleasure, commuting or business use can affect rates
  • Special coverage such as replacement cost
  • Your occupation
  • The level of coverage
  • Whether you rent or own your home

An additional factor which can affect Carrera GT insurance rates is the year of the vehicle. Models that are a few years old have a reduced actual cash value than newer models so the payout to repair can decrease annual premiums. Conversely, newer models may have safety features such as anti-lock brakes, blind-spot warning system, an advanced theft deterrent system, and adaptive headlights so those may give discounted rates.

To get a better idea how much rates will be for your vehicle, select the year of your Carrera GT from available model years below.

Auto liability insurance - Carrera GT liability coverage protects you from damages or injuries you inflict on other's property or people that is your fault. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. This coverage is usually fairly inexpensive so you should buy as much as you can afford.

Collision coverage - This pays for damage to your Porsche resulting from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. It's also possible to raise the deductible to bring the cost down.

Comprehensive insurance - Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle's value is low consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - This protects you and your vehicle from other drivers when they do not carry enough liability coverage. Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Med pay and Personal Injury Protection (PIP) - Med pay and PIP coverage reimburse you for expenses such as doctor visits, EMT expenses, and X-ray expenses. They are utilized in addition to your health insurance plan or if you do not have health coverage. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage.

How Much are Porsche Carrera GT Insurance Rates?