5 Top Tips to Reduce Porsche Cayenne Insurance Expenses

Trying to find the cheapest insurance for your Porsche Cayenne can be a lot of work, but you can use these tips to save time.

There is a better way to buy car insurance and you need to know the absolute fastest way to price shop coverage for a Porsche and find the lowest price from local insurance agents and online providers.

Compare Car Insurance Costs

There are several ways to compare rate quotes from car insurance companies in your area. The best way to compare insurance prices is simply to get online rate quotes. This is very easy and can be done in a couple of different ways.

  1. Probably the best way to compare a lot of rates at once is to use a rate comparison form like this one (opens in new window). This method eliminates the need for boring form submissions to each individual car insurance company. Just one form gets rate comparisons from car insurance companies with the best prices. Just one form and you’re done.
  2. A different way to analyze rates requires a visit to the website for every company you want to comare and fill out their own quote form. For examples sake, we’ll pretend you want to compare Progressive, Liberty Mutual and Travelers. You would have to go to every website to input your insurance information, which is why most consumers use the first method. To view a list of companies in your area, click here.
  3. The least efficient method to compare rates is to drive around to local insurance agencies. The internet can eliminate the need for a local agent unless you want the professional guidance of a licensed agent. However, consumers can comparison shop online but buy from a local insurance agent and we’ll touch on that later.

However you get your quotes, compare the exact same deductibles and coverage limits with each company. If you use different limits and deductibles on each one you will not be able to make an equal comparison. Slightly different limits could mean much higher rates. Just keep in mind that more quotes will increase your chances of finding better pricing.

But I want to work with a local agent

Some people just want to buy from a licensed agent. The biggest benefit of getting online price quotes is the fact that you can find lower rates and still have an agent to talk to. Supporting local insurance agencies is important particularly in smaller communities.

To make it easy to find an agent, after completing this short form, your insurance coverage information is transmitted to participating agents who will compete to get your business. You won’t need to visit any agencies since price quotes are sent to the email address you provide. You can find better rates AND an agent nearby.

If you want to contact a specific insurance agent in your state, visit this page.

Selecting a company shouldn’t rely on just a cheap price. Some important questions to ask are:

  • Do they regularly work with personal auto policies?
  • Are claim adjusters local or do you have to take your car somewhere else?
  • What is the agency’s Better Business Bureau rating?
  • Do they review policy coverages at every renewal?
  • How much can you save by raising your physical damage deductibles?
  • What are the financial ratings for the companies they represent?
  • Are they properly licensed to sell insurance in your state?
  • How many years of experience in personal lines insurance coverages do they have?

After receiving satisfactory answers for all questions you ask and an acceptable price quote, chances are good that you have found an insurance company that meets your needs to service your policy. Keep in mind once you purchase a policy you can cancel your coverage at any point so never assume you’re contractually obligated to a specific agent with no way out.

Information about specific coverages

Having a good grasp of your policy can help you determine appropriate coverage and the correct deductibles and limits. Car insurance terms can be ambiguous and reading a policy is terribly boring.free  insurance quote

Medical expense insurance

Coverage for medical payments and/or PIP kick in for short-term medical expenses for doctor visits, funeral costs, dental work, nursing services and prosthetic devices. The coverages can be used to fill the gap from your health insurance plan or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Liability car insurance

This will cover damage that occurs to people or other property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things like repair bills for other people’s vehicles, attorney fees, bail bonds, court costs and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but you should buy as large an amount as possible.

Collision insurance

This coverage covers damage to your Cayenne caused by collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as damaging your car on a curb, scraping a guard rail, hitting a parking meter and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to bump up the deductible to bring the cost down.

Protection from uninsured/underinsured drivers

insurance for Cayenne

This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Normally these limits are identical to your policy’s liability coverage.

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as theft, vandalism and a broken windshield. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.