Paying low cost prices for Porsche Boxster insurance in Irvine may be difficult for beginners to shopping for insurance online. With so many agents and companies in the marketplace, it can turn into a burden to find the best prices.
Steps to finding lower priced Porsche Boxster insurance in Irvine
The best way we recommend to get the cheapest auto insurance rates in Irvine is to make a habit of comparing prices annually from companies who sell insurance in California.
- Get an understanding of how your policy works and the things you can control to prevent rate increases. Many rating criteria that increase rates such as your driving record and a poor credit score can be eliminated by making small lifestyle or driving habit changes. This article gives additional ideas to prevent high prices and find overlooked discounts.
- Compare rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only quote rates from one company like GEICO or Farmers Insurance, while independent agencies can give you price quotes from multiple companies. Begin your rate comparison
- Compare the price quotes to the premium of your current policy and determine if there is any savings. If you can save some money, verify that coverage does not lapse between policies.
One piece of advice is to use similar deductibles and liability limits on every price quote and to quote with as many different companies as possible. Doing this enables a fair price comparison and a thorough selection of prices.
Astonishing but true, most drivers have stayed with the same insurance company for four years or more, and approximately 38% of consumers have never shopped around. Most drivers in California can save hundreds of dollars each year just by shopping around, but most tend to underestimate the actual amount they would save if they switched to a more affordable policy.
It’s a good idea to check auto insurance prices on a regular basis because auto insurance rates change quite often. Despite the fact that you may have had the best premium rates on Porsche Boxster insurance in Irvine a year ago there is a good chance you can find better prices now. Don’t believe everything you read about Boxster insurance on the web, but you can learn some good information on how to find cheap auto insurance in Irvine.
When looking for affordable Porsche Boxster insurance quotes, there are a couple ways of comparing rates from many auto insurance companies in California. The recommended way to compare rates consists of obtaining rate quotes online.
Just keep in mind that making a lot of price comparisons will enable you to find the best price. Not every company provides online Irvine Boxster insurance quotes, so you should also compare prices from those companies as well.
The companies shown below have been selected to offer free rate quotes in California. If multiple companies are listed, we recommend you click on several of them to get the cheapest price.
Porsche Boxster coverage statistics
The rate table shown next showcases different coverage costs for Porsche Boxster models. Having a good understanding how insurance prices are formulated can aid in making smart choices when comparing insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Boxster 2-Dr Convertible||$300||$616||$394||$24||$118||$1,452||$121|
|Boxster S 2-Dr Convertible||$330||$698||$394||$24||$118||$1,564||$130|
|Get Your Own Custom Quote Go|
Data rating is based on married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Estimates do not factor in specific zip code location which can alter prices substantially.
Why you need vehicle insurance in California
Despite the high cost of buying insurance for a Porsche Boxster in Irvine, buying car insurance serves a purpose in several ways.
- The majority of states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific limits of liability protection if you drive a vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you bought your Porsche Boxster with a loan, almost every bank will stipulate that you have physical damage coverage to ensure loan repayment if the vehicle is totaled. If the policy lapses, the bank may buy a policy for your Porsche at a more expensive rate and force you to pay for it.
- Insurance safeguards your Porsche and your assets. It will also provide coverage for medical transport and hospital expenses that are the result of an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, your car insurance policy will cover the damage repairs after a deductible is paid.
The benefits of buying enough insurance are definitely more than the cost, specifically if you ever have a liability claim. The average driver in America is wasting up to $865 each year so we recommend shopping around once a year at a minimum to ensure rates are competitive.
How You Can Control Porsche Boxster Insurance Rates
One of the most helpful ways to save on insurance is to to have a grasp of some of the elements that aid in calculating the level of your policy premiums. When you understand what positively or negatively impacts your premiums, this enables informed choices that can help you get lower premium levels.
Drivers with excellent credit save on insurance – A driver’s credit score can be an important factor in determining your rates. If your credit rating leaves room for improvement, you could save money insuring your Porsche Boxster by taking the time to improve your credit score. People that have good credit tend to file fewer claims and have better driving records than drivers with lower ratings.
No coverage gaps is important – Driving any period of time without insurance can get your license suspended and your next policy will cost more because you let your insurance lapse. In addition to paying higher rates, being ticketed for driving with no insurance could earn you a revoked license or a big fine.
Keep prices low by being claim-free – Companies in California award cheaper rates to insureds who are claim-free. If you tend to file frequent claims, you can expect much higher rates or policy non-renewal. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
Higher physical damage deductibles are cheaper – Coverage for physical damage, aka comp and collision, protects your Porsche from damage. A few examples of covered claims could be colliding with a building, hitting a deer, or theft. The deductibles you choose represent how much money you are required to pay if a covered claim is submitted. The more of the claim the insured is willing to pay, the better rate you will receive.
Proper usage rating affects premiums – The higher the miles on your Porsche in a year’s time the higher your rate. A lot of companies price each vehicle’s coverage based upon how much you drive. Cars that are left in the garage receive better premium rates than cars that get driven a lot. Improper usage on your Boxster is just wasting money. Double check that your insurance policy reflects annual mileage.
Women tend to take less risk – The statistics show that females take fewer risks when driving. Now that doesn’t mean men are worse drivers. Both sexes get in auto accidents at a similar rate, but the men get into accidents with more damage. Men also tend to receive more major tickets like driving under the influence (DUI).
The information below compares Porsche Boxster annual premium costs for male and female drivers. The rates are based on no violations or accidents, comp and collision included, $1,000 deductibles, single marital status, and no discounts are applied.
Tickets can be expensive – Drivers with clean records tend to pay less for car insurance than their less careful counterparts. Getting just one citation may increase your cost by as much as twenty percent. People who have careless violations like DUI or reckless driving may find that they have to to submit a SR-22 or proof of financial responsibility with their state’s department of motor vehicles in order to continue driving.
The illustration below illustrates how speeding tickets and fender-benders influence Porsche Boxster annual premium costs for different age groups. The rate quotes are based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no policy discounts are applied.
How much liability – A critical coverage on your policy, liability insurance will protect you if ever you are determined to be liable for damages from an accident. It will provide for a legal defense to attempt to prove you were not liable. Liability is cheap as compared to coverage for physical damage, so buy as much as you can afford.
Insurance loss statistics a Porsche Boxster – Insurance companies analyze claim trends for every vehicle to help set a rate to offset losses. Models that are shown to have higher loss trends will have a higher cost to insure.
The next table shows the loss history for Porsche Boxster vehicles. For each type of coverage, the statistical loss for all vehicles, as a total average, is a value of 100. Percentage values below 100 represent a good loss history, while numbers above 100 indicate more frequent losses or an increased chance of larger losses than average.
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Porsche Boxster Convertible||135||47||121||31|
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
One last thing to lower rates
Insureds change insurance companies for many reasons like extreme rates for teen drivers, delays in paying claims, high rates after DUI convictions and even policy cancellation. It doesn’t matter why you want to switch finding the right insurance provider is not as hard as you think.
When you buy Irvine car insurance online, do not skimp on coverage in order to save money. There are too many instances where consumers will sacrifice full coverage and discovered at claim time that it was a big mistake. Your objective should be to get the best coverage possible at the best price but still have enough coverage for asset protection.
In this article, we covered a lot of tips how to shop for Porsche Boxster insurance online. It’s most important to understand that the more providers you compare, the better your comparison will be. You may even find the best price on insurance is with a lesser-known regional company.
Steps to buying low-cost Porsche Boxster insurance in Irvine
If saving the most money is your goal, then the best way to get low-cost Porsche Boxster insurance in Irvine is to start comparing prices regularly from insurers that sell auto insurance in California. You can compare prices by following these guidelines.
First, gain an understanding of how insurance companies determine prices and the measures you can control to keep rates low. Many things that are responsible for high rates like high-risk driving behaviors and a low credit score can be remedied by paying attention to minor details.
Second, quote rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give prices from one company like GEICO and State Farm, while agents who are independent can provide rate quotes for a wide range of insurance providers. Get quotes now
Third, compare the new rate quotes to your current policy premium and determine if there is any savings. If you can save some money and buy the policy, ensure coverage does not lapse between policies.
Fourth, notify your agent or company to cancel your current auto insurance policy. Submit a down payment along with a signed application for your new policy. As soon as you can, place the new certificate of insurance in a readily accessible location in your vehicle.
The most important part of this process is to make sure you’re comparing the same amount of coverage on every quote request and to quote with as many different companies as possible. This ensures the most accurate price comparison and the most accurate and complete price analysis.
Even more information is located by following these links:
- Your Car has been Stolen: Now What? (Allstate)
- What Insurance is Cheapest for a Chevrolet Silverado in Irvine? (FAQ)
- How Much is Irvine Car Insurance for Teachers? (FAQ)
- What Insurance is Cheapest for Teenagers in Irvine? (FAQ)
- Who Has Cheap Auto Insurance for a Toyota Camry in Irvine? (FAQ)
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- Teen Driving Statistics (GEICO)
- Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)