9 Simple Methods to Lower Porsche Carrera GT Insurance Rates

Buyers have a choice when searching for the best price on Porsche Carrera GT insurance. You can either spend your time calling around to compare prices or use the internet to make rate comparisons. There are more efficient ways to shop for car insurance so we’re going to tell you the proper way to quote coverages for a new or used Porsche and find the lowest possible price from both online companies and local agents.

It’s smart to check car insurance prices before your policy renews due to the fact that insurance rates change quite often. Despite the fact that you may have had the best price on Carrera GT coverage two years ago you can probably find a lower rate today. There is a lot of wrong information about car insurance on the web, but we’re going to give you some guaranteed methods to save money.

How to Get Car Insurance Comparison Quotes

All major car insurance companies quote insurance quotes online. This process is fairly straightforward as you just enter your coverage information as requested by the quote form. Upon sending the form, their rating system automatically retrieves information on your driving record and credit history and generates a price.

Online quotes makes comparing rates easy, but the time it takes to visit different websites and complete many quote forms is repetitive and time-consuming. But it’s very important to have as many quotes as possible if you are searching for the lowest car insurance rates.

An easier way to compare rates is to use a quote form that gets price quotes from many companies. It’s a real time-saver, requires less work, and makes rate comparisons a little more enjoyable. As soon as you send your information, it gets priced and you are able to buy any one of the pricing results. If a lower price is quoted, it’s easy to complete the application and buy the new coverage. The entire process only takes a few minutes and could lower your rates considerably.

If you want to compare rates using this form now, simply click here to open in new window and begin entering your coverage information. If you have your current policy handy, we recommend you duplicate the insurance coverages exactly as shown on your declarations page. This makes sure you will receive a price comparison for similar insurance coverage.

Verify you’re getting all your discounts

Companies offering auto insurance don’t list every available discount very well, so we break down some of the more common and the harder-to-find ways to save on car insurance. If you don’t get every credit you qualify for, you’re just leaving money on the table.

Multiple Policy Discount – When you have multiple policies with one company you may save at least 10% off all policies.
Resident Student – Any of your kids who live away from home and do not have access to a covered vehicle may qualify for this discount.
Driver Safety – Taking part in a course in driver safety could possibly earn you a 5% discount if your company offers it.
Senior Discount – If you qualify as a senior citizen, you may qualify for reduced rates on Carrera GT coverage.
Club Memberships – Affiliation with a professional or civic organization could trigger savings when shopping for car insurance on Carrera GT coverage.
Accident Waiver – A handful of insurance companies will allow you to have one accident without raising rates if your claims history is clear for a set time period.
Use Seat Belts – Drivers who require all occupants to use a seat belt can save up to 15% off your medical payments premium.
Homeowners Savings – Being a homeowner can save you money because owning a home shows financial diligence.
Anti-lock Brake Discount – Vehicles equipped with ABS or steering control are safer to drive and qualify for as much as a 10% discount.

As a disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. The majority will only reduce individual premiums such as comprehensive or collision. Just because you may think you would end up receiving a 100% discount, you’re out of luck.

Don’t I need to talk to an agent?

A small number of people just want to talk to a local agent and there is nothing wrong with that. Licensed agents can help determine the best coverages and help file insurance claims. The best thing about getting online price quotes is the fact that you can find the lowest rates but also keep your business local.

Upon completion of this quick form, your insurance data is immediately sent to local insurance agents who will compete for your business. There is no need to leave your house because quoted prices will be sent straight to your inbox. It doesn’t get any easier!

Picking an provider should depend on more than just the premium amount. Any agent should have no problem answering these questions:

Is working in the agency their full-time job?
Are there any hidden costs in their price quote and does it include driving and credit history?
What insurance company do they write the most business with?
Are claims handled at the agent’s location?
Can they give you a list of client referrals?
Do they receive special compensation for putting your coverage with one company over another?

Not all auto insurance agents are the same

When looking for a reputable insurance agent or broker, you need to know there are two different types of agents that differ in how they can insure your vehicles. Agencies are either independent or captive. While both can do a good job, but it’s worth mentioning how they differ because it can impact the type of agent you choose insurance cheap

Captive Insurance Agents

Captive agencies can only write with one company like American Family, Liberty Mutual and AAA. These agents are not able to shop your coverage around so it’s a take it or leave it situation. Captive agencies receive extensive training in insurance sales which helps them sell insurance even at higher premiums. Consumers frequently buy insurance from these agents mainly due to loyalty to the company and the convenience of having a single billing for all their coverages.

Independent Insurance Agents

These agents are not employed by any specific company but instead can place your coverage with many different companies enabling the ability to shop coverage around. If you are not satisfied with one company, an independent agent can move your coverage and you won’t have to switch agencies.

When comparison shopping, it’s a good idea to include price quotes from multiple independent agents for the best price selection. Many write coverage with different regional companies who may have lower rates.

To view a full list of insurance agents, visit this site.

After receiving positive responses to your questions and locked in a price quote, you’ve probably found a car insurance agent that meets your needs to properly insure your vehicles.

Car insurance coverage breakdown

Understanding the coverages of your policy can help you determine the best coverages for your vehicles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Liability car insurance

Liability coverage provides protection from damages or injuries you inflict on other’s property or people in an accident. It protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for things such as structural damage, attorney fees, emergency aid and medical expenses. The amount of liability coverage you purchase is up to you, but consider buying as high a limit as you can afford.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Porsche Carrera GT.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive coverages

This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like damage from flooding, damage from getting keyed, hitting a bird, fire damage and damage from a tornado or hurricane. The most a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for expenses such as hospital visits, rehabilitation expenses, EMT expenses and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Auto collision coverage

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

Collision coverage pays for claims like backing into a parked car, hitting a parking meter, colliding with a tree and driving through your garage door. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Final considerations

We just showed you quite a bit of information on how to reduce Porsche Carrera GT insurance prices online. The key thing to remember is the more companies you get rates for, the better likelihood of reducing your rate. You may even discover the lowest premiums are with a small mutual company.

Consumers switch companies for a number of reasons such as not issuing a premium refund, high prices, unfair underwriting practices and being labeled a high risk driver. Whatever your reason, finding the right car insurance provider is pretty easy and you might even save some money in the process.

As you go through the steps to switch your coverage, never skimp on critical coverages to save a buck or two. There are many occasions where an accident victim reduced uninsured motorist or liability limits to discover at claim time that the small savings ended up costing them much more. The aim is to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.