View 2014 Porsche Panamera Insurance Rates

Trying to find better car insurance rates for your Porsche Panamera? Shopping for discount car insurance might appear difficult for beginners to comparing rates and buying car insurance on the internet. With so many agents and online companies, how can you have time to compare every one to find better prices?

You need to compare prices once or twice a year because insurance prices tend to go up over time. Just because you had the best price on Panamera insurance last year you can probably find a lower rate today. Forget all the misinformation about car insurance because you’re about to learn the right way to find better rates and still maintain coverage.

Choosing the best insurance company for you is not rocket science. If you have car insurance now, you should be able to cut costs considerably using these techniques. Nevertheless, vehicle owners do need to understand the way insurance companies market insurance on the web.

Cheap insurance coverage quotes online

To get cheaper insurance coverage quotes, there a variety of ways to compare rate quotes from different insurance companies. One of the best ways to compare 2014 Porsche Panamera insurance prices involves getting comparison quotes online. This is very easy and can be done in a couple minutes as outlined below.

  1. If you are pressed for time, the simplest way to get the best comparison quotes is an all-inclusive rate comparison click here to open form in new window. This method saves time by eliminating separate quote forms for each company you want a rate for. One form gets coverage cost estimates from many national carriers. It’s definitely the quickest method.
  2. A more difficult way to obtain and compare quotes online is to manually visit the website for every company you want to comare and request a quote. For instance, let’s say you want to view quotes from State Farm, Liberty Mutual and American Family. You would have to navigate to each company’s site to enter the same coverage data repeatedly, which can take a lot of time.

    For a list of links to insurance companies in your area, click here.

It’s up to you which method you use, but do your best to enter apples-to-apples quote information on every quote you get. If your comparisons have mixed coverages you can’t possibly determine the lowest rate for your Porsche Panamera. Quoting even small variations in coverages can mean a large discrepancy in price. Just keep in mind that making a lot of price comparisons increases the change that you will find the best rates.

Are you getting every discount?

Companies do not list the entire discount list in a way that’s easy to find, so here is a list both the well known and the more hidden discounts that you may qualify for.

  • Discount for Life Insurance – Not all insurance carriers offer life insurance, but some may give you a lower price if you buy some life insurance too.
  • Student Discounts – Being a good student can earn a discount of 20% or more. The good student discount can last up until you turn 25.
  • Employee of Federal Government – Having worked for a branch of the government could cut as much as 10% off on Panamera insurance but check with your company.
  • Theft Prevention Discount – Cars and trucks equipped with anti-theft or alarm systems are stolen with less frequency and that can save you a little bit as well.
  • Braking Control Discount – Vehicles equipped with ABS or steering control can stop better under adverse conditions and the ABS can save up to 10%.
  • Bundle and Save – If you have multiple policies with one insurance company you may save up to 20% off your total premium.
  • Save with a New Car – Putting coverage on a new car can get you a discount because newer vehicles are generally safer.
  • Driver Education Discount – Cut your cost by having your teen driver enroll in driver’s education as it will make them better drivers and lower rates.
  • Homeowners Savings – Simply owning a home can earn you a little savings because of the fact that having a home means you have a higher level of financial diligence.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags could see savings of up to 25% or more.

Policy discounts save money, but most discount credits are not given the the whole policy. Some only apply to the price of certain insurance coverages like liability and collision coverage. Just because it seems like you could get a free auto insurance policy, that’s just not realistic. But all discounts will cut the cost of your policy.

To see providers with significant discounts, click this link.

When in doubt talk to an agent

When choosing adequate coverage for your personal vehicles, there isn’t really a best way to insure your cars. Every situation is different.

For example, these questions may help highlight whether you will benefit from professional help.

  • Should I have a commercial auto policy?
  • What is an SR-22 filing?
  • Does my policy cover my teen driver if they drive my company car?
  • What companies insure drivers after a DUI or DWI?
  • Are there companies who specialize in insuring high-risk drivers?
  • Do I need special endorsements for business use of my vehicle?

If you can’t answer these questions but a few of them apply then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form.

Auto insurance coverages

Understanding the coverages of car insurance helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be confusing and coverage can change by endorsement.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Porsche Panamera.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Liability auto insurance

This can cover injuries or damage you cause to people or other property. This coverage protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for claims such as funeral expenses, court costs, structural damage and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but you should buy higher limits if possible.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance kick in for expenses such as doctor visits, rehabilitation expenses and pain medications. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants in addition to getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Collision insurance

This pays for damage to your Panamera caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as sideswiping another vehicle, rolling your car and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible to save money on collision insurance.

Comprehensive coverage

This covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as rock chips in glass, a broken windshield, falling objects, damage from getting keyed and theft. The maximum amount your car insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.