Cheap Porsche 911 Insurance in Pittsburgh

A recent survey discovered that nearly 70% of consumers renewed their policy with the same company for at least four years, and almost 40% of drivers have never quoted rates to find lower-cost coverage. Most drivers in Pennsylvania could save 55% a year by just comparing quotes, but they don’t believe the benefits if they bought a different policy.

It takes a few minutes, but the best way to get affordable Porsche 911 insurance in Pittsburgh is to regularly compare quotes from companies who provide car insurance in Pennsylvania. Rates can be compared by following these steps.

• First, get a basic knowledge of car insurance and the measures you can control to keep rates down. Many things that cause rate increases such as traffic violations, accidents, and a poor credit score can be controlled by being financially responsible and driving safely.
• Second, request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can provide rates from a single company like GEICO or State Farm, while independent agents can quote prices from multiple companies.
• Third, compare the new quotes to your existing coverage to see if a cheaper price is available. If you find better rates, ensure coverage does not lapse between policies.
• Fourth, provide notification to your current agent or company to cancel the current policy. Submit payment and a completed application for the new policy. Immediately upon receiving it, put the proof of insurance certificate in an accessible location in your vehicle.

One important bit of advice is to try to use the same deductibles and limits on each quote request and and to look at as many carriers as you can. Doing this provides a fair price comparison and maximum price selection.

Locating the most cost-effective car insurance policy in Pittsburgh is not that difficult as long as you know where to start. If you have a current car insurance policy, you will definitely be able to reduce premiums using the concepts covered in this article. You only have to learn the most efficient way to compare insurance rates instantly.

How You Can Control Porsche 911 Insurance Rates

When buying auto insurance it’s important to understand the factors that aid in calculating the rates you pay for auto insurance. If you have a feel for what positively or negatively impacts your premiums, this allows you to make educated decisions that will entitle you to much lower annual insurance costs. Many factors are part of the calculation when premium rates are determined. Some of the criteria are obvious such as your driving history, but some are more transparent such as your credit history or how safe your car is.

The following are a few of the “ingredients” used by companies to determine your prices.

• Maintain auto insurance coverage – Having a lapse in insurance coverage can be a fast way to increase your renewal premiums. Not only will rates go up, the inability to provide proof of insurance may result in a hefty fine and possibly a revoked license. You may then be required to submit proof of financial responsibility or a SR-22 with the Pennsylvania motor vehicle department to get your license reinstated.
• Occupation stress can affect prices – Did you know your auto insurance rates can be affected by your occupation? Occupations like real estate brokers, air traffic controllers, and accountants are shown to have higher premium rates due to intense work-related stress and long work days. On the other hand, professions such as scientists, students and retirees receive lower rates.
• Car and home together may be cheaper – Many insurance companies afford lower prices to clients that have more than one policy. It’s known as a multi-policy discount. Even with this discount, it’s still a good idea to compare Porsche 911 rates in Pittsburgh to help guarantee you have the best rates. Drivers may still find a better deal by buying insurance from more than one company.
• Save miles and save money – The higher the miles on your Porsche annually the more you will pay for auto insurance. Almost all companies charge rates based upon how the vehicle is primarily used. Cars left parked in the garage receive better premium rates than those used for commuting. It’s always a good idea to double check that your policy shows the correct usage for each vehicle, because improper ratings can cost you money. Having the wrong rating on your 911 may be costing you higher rates.

• Men drivers tend to cost more – Over the last 30 years, statistics show that women are safer drivers than men. However, this does not mean females are better drivers. Males and females have at-fault accidents in similar percentages, but males have costlier accidents. In addition to higher claims, males also get ticketed for serious violations such as driving while intoxicated (DWI) or driving recklessly. Young males are most likely to cause an accident and therefore are the most expensive to insure.

  The example below illustrates the difference between Porsche 911 auto insurance rates for male and female drivers. The data is based on a clean driving record, no at-fault accidents, comp and collision included, $100 deductibles, marital status is single, and no discounts are applied to the premium.

• Insurance losses for a Porsche 911 – Companies analyze past claim statistics to help set a rate to offset losses. Models that statistically have higher loss trends will be charged more to insure. The table shown below demonstrates the historical insurance loss data for Porsche 911 vehicles.

  For each type of coverage, the claim probability for all vehicles, regardless of manufacturer or model, is a value of 100. Percentages below 100 suggest a better than average loss history, while numbers above 100 point to more claims or an increased chance of a larger loss.

  
  

  Porsche 911 Insurance Loss Statistics

  Specific Porsche Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Porsche 911 Carrera 2dr	191	47	173	24
  Porsche 911 Carrera Convertible	197	51	224	36
  Porsche 911 Turbo 2dr 4WD	349		367

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics from IIHS.org for 2013-2015 Model Years

Porsche 911 insurance rate analysis

The data table shown below outlines estimates of insurance coverage prices for Porsche 911 models. Having a good grasp of how insurance premiums are established is important to be able to make decisions when shopping around.

Table data represents married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Rates do not factor in your specific Pittsburgh location which can decrease or increase premiums considerably.

Policy deductibles

When comparing insurance rates, the most common question is which deductible level should you buy. The tables below highlight how much more rates are between low and high coverage deductibles. The first rate estimation uses a $100 deductible for comprehensive and collision coverage and the second price table uses a $1,000 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Rate quotes do not factor in Pittsburgh location which can alter insurance rates greatly.

Using the premium rates above, we can conclude that using a $100 deductible will cost you approximately $63 more each month or $756 a year than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you average more than 14 months between claim filings, you would probably save some money if you choose the higher deductible. The table below shows the way you can make your own decision.

One big caveat is that increasing deductibles to save money means you will have to pay more when you have a claim. You need enough money stashed away in order to pay the deductible to have repairs made.

Companies offer many discounts on Porsche 911 insurance in Pittsburgh

Companies offering auto insurance don’t always advertise the entire discount list very well, so the list below gives a summary of both well-publicized and the harder-to-find credits available to bring down your rates.

• Accident Forgiveness Coverage – This one isn’t a discount, but a few companies such as GEICO and Allstate will turn a blind eye to one accident before hitting you with a surcharge with the catch being you have to be claim-free for a certain period of time.
• Drive Safe and Save – Insureds without accidents could pay up to 40% less than less cautious drivers.
• Policy Bundle Discount – When you have multiple policies with one company they may give you a discount of 10% to 20% off each policy.
• Claim-Free Discount – Pittsburgh drivers who stay claim-free have much lower rates when compared with bad drivers.
• College Student Discount – Children who are enrolled in higher education away from home and do not have access to a covered vehicle could qualify for this discount.
• Multiple Cars – Buying coverage for more than one vehicle on the same auto insurance policy can reduce the rates for all insured vehicles.
• Senior Discount – Seniors may be able to get a slight reduction on a Pittsburgh car insurance quote.
• Life Insurance Discount – Select companies reward you with a break if you buy life insurance.

Don’t be shocked that most of the big mark downs will not be given to the entire policy premium. Most only reduce individual premiums such as medical payments or collision. So even though you would think adding up those discounts means a free policy, auto insurance companies aren’t that generous.

The example below illustrates the comparison of Porsche 911 insurance prices with and without discounts applied to the policy rates. The rate quotes are based on a female driver, no driving violations, no at-fault accidents, Pennsylvania state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, multi-car, claim-free, homeowner, and marriage discounts applied.

If you would like to choose from a list of insurers that offer the discounts shown above in Pennsylvania, click here to view.

Compare but don’t skimp

There are still a few companies who may not offer the ability to get a quote online and these smaller companies sell through independent insurance agents. The cheapest Porsche 911 insurance in Pittsburgh is possible from both online companies and from local insurance agents, and you should compare rates from both so you have a total pricing picture.

When buying insurance coverage, it’s a bad idea to sacrifice coverage to reduce premiums. There are many occasions where consumers will sacrifice collision coverage and found out when filing a claim that it was a big error on their part. Your goal is to purchase a proper amount of coverage at the best price, but do not skimp to save money.

You just learned some good ideas how you can save on Porsche 911 insurance in Pittsburgh. The key thing to remember is the more rate quotes you have, the better chance you’ll have of finding low cost Pittsburgh car insurance quotes. Drivers may even discover the lowest prices are with a smaller regional carrier.

Helpful information

• Auto Insurance Basics (Insurance Information Institute)
• Who Has the Cheapest Pittsburgh Car Insurance for a Nissan Versa? (FAQ)
• Who Has Cheap Auto Insurance Rates for a Ford Fusion in Pittsburgh? (FAQ)
• Who Has Cheap Pittsburgh Car Insurance for Low Credit Scores? (FAQ)
• How to Avoid Common Accidents (State Farm)
• Child Safety Seats (Insurance Information Institute)