Cheapest 2004 Porsche 911 Insurance Rates in 2024

Searching for lower car insurance rates for your Porsche 911? Locating low-cost insurance for a new or used Porsche 911 can turn out to be a painful process, but you can learn a few tricks and make it easy. There are both good and bad ways to compare car insurance rates so you’re going to learn the proper way to compare rates for a new or used Porsche and locate the best price possible either online or from local insurance agents.

You should take the time to get comparison quotes quite often because prices are constantly changing. Despite the fact that you may have had the lowest rates for 911 insurance last year you can probably find a lower rate today. There is too much inaccurate information about car insurance online but I’m going to show you the best ways to find cheap car insurance.

Finding Car Insurance Deals

All major car insurance companies provide coverage prices on the web. The process doesn’t take much effort as you just enter your coverage information as requested by the quote form. Behind the scenes, their system will order reports for credit and driving violations and returns a price based on these and other factors.

This simplifies rate comparisons, but having to visit several different sites and complete many quote forms is repetitive and time-consuming. But it’s very important to have as many quotes as possible in order to get a better rate.

There is a better way to compare rates

The preferred way to lower your car insurance bill is to use a quote form to obtain quotes from a lot of companies. The form is fast, eliminates form submissions, and makes online quotes much more enjoyable and efficient. After sending the form, your coverage is rated and you are able to buy any or none of the quotes returned. If the quotes result in lower rates, you can click and sign and buy the new coverage. It takes just a few minutes to complete and could lower your rates considerably.

To save time and get comparison pricing now, click here and complete the simple form. If you have coverage now, it’s recommended you replicate the coverage information exactly as shown on your declarations page. Using the same limits helps guarantee you are getting an apples-to-apples comparison for exact coverage.

Do you qualify for discounts?

Companies don’t always list all available discounts in a way that’s easy to find, so we break down both well-publicized and the more hidden ways to save on car insurance. If you aren’t receiving every discount you qualify for, you are throwing money away.

• Resident Student – Children who live away from home and do not have access to a covered vehicle may be able to be covered for less.
• Seat Belts Save – Requiring all passengers to buckle their seat belts could save 15% off the personal injury premium cost.
• Anti-lock Brake System – Vehicles equipped with ABS or steering control can avoid accidents and therefore earn up to a 10% discount.
• Auto/Home Discount – When you have multiple policies with one insurance company you will save approximately 10% to 15%.
• Air Bag Discount – Factory air bags or automatic seat belts can receive discounts up to 30%.
• Discount for Switching Early – Some insurance companies reward drivers for switching policies before your current policy expires. The savings is around 10%.
• New Car Discount – Adding a new car to your policy can cost up to 25% less since new cars are generally safer.
• Discount for Life Insurance – Companies who offer life insurance give better rates if you take out auto and life insurance together.

As a disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Some only reduce individual premiums such as liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, car insurance companies aren’t that generous.

For a list of companies with the best car insurance discounts, click this link.

These factors can influence what you pay for Porsche 911 insurance

It’s important that you understand the factors that play a part in calculating insurance coverage rates. Knowing what controls the rates you pay enables informed choices that may reward you with lower insurance coverage prices.

• Rates may be higher depending on your occupation – Did you know your occupation can influence how much you pay for insurance coverage? Occupations such as judges, executives and stock brokers are shown to have the highest rates in part from high stress and lots of time spent at work. On the other hand, professions such as pilots, students and homemakers pay the least for 911 insurance.
• More than one policy can earn a discount – Many companies will award you with lower prices to policyholders who consolidate policies with them such as combining an auto and homeowners policy. Discounts can add up to anywhere from five to ten percent in most cases. If you currently are using one company, you may still want to compare rates to verify if the discount is saving money. You may still find a better deal by buying insurance coverage from a different company.
• Marriage pays dividends – Having a wife or husband helps lower the price when buying insurance coverage. Marriage means you’re more responsible and it’s proven that being married results in fewer claims.
• You might want pay the small claims yourself – Car insurance companies provide cheaper rates to people who do not rely on their insurance for small claims. If you are a frequent claim filer, you can expect higher rates. Insurance coverage is intended to be relied upon for larger claims.
• Theft deterrents lower rates – Driving a car that has an advanced theft prevention system can get you a discount on your insurance coverage. Theft prevention features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder auto theft.
• Your age impacts your rates – More mature drivers are viewed as being more responsible, statistically cause fewer accidents and are safer drivers. Youthful drivers have a tendency to get distracted easily when driving and because of this, their insurance coverage rates are much higher.
• Safer cars cost less to insure – Cars with high safety ratings can get you lower premiums. These vehicles reduce injuries and fewer injuries means less money paid by your insurance company and thus lower rates. If your Porsche 911 is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.

Don’t assume everyone needs the same coverage

When buying adequate coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is unique.

For example, these questions can aid in determining if you would benefit from an agent’s advice.

• What is no-fault insurance?
• How can I get high-risk coverage after a DUI?
• How can I find cheaper teen driver insurance?
• When can my company non-renew my policy?
• When does my teenage driver need to be added to my policy?
• What is high-risk coverage and where do I buy it?
• Am I insured when driving a different vehicle?
• Should I have combined single limit or split liability limits?
• What are the best liability limits?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Don’t listen to company ads

Drivers can’t get away from ads for cheaper car insurance by companies like Progressive, GEICO, Allstate and State Farm. They all have a common claim of big savings if you change to them.

How does each company say the same thing?

All companies have a certain “appetite” for the type of customer that is profitable for them. A good example of a preferred risk might be profiled as over the age of 50, has no tickets, and has a high credit rating. A customer that hits that “sweet spot” gets the lowest rates and therefore will pay quite a bit less when switching companies.

Drivers who don’t meet these standards will have to pay a more expensive rate and this can result in business not being written. The ads state “drivers who switch” not “everyone that quotes” save that much. That’s the way companies can advertise the way they do. Because of the profiling, drivers must compare many company’s rates. It’s just too difficult to predict which insurance companies will provide you with the cheapest Porsche 911 insurance rates.

Insurance specifics

Knowing the specifics of your policy can be of help when determining the right coverages for your vehicles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Auto liability insurance

Liability coverage can cover damage or injury you incur to other people or property. This insurance protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability can pay for claims like structural damage, bail bonds and repair costs for stationary objects. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive protection

This will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as a tree branch falling on your vehicle, hitting a bird and damage from flooding. The maximum payout your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Porsche 911.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for bills for rehabilitation expenses, doctor visits, chiropractic care, EMT expenses and pain medications. They are often utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Coverage for collisions

This coverage covers damage to your 911 resulting from a 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 coverage protects against claims such as backing into a parked car, driving through your garage door, rolling your car and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Better coverage you can count on

Consumers change insurance companies for a variety of reasons including unfair underwriting practices, lack of trust in their agent, high rates after DUI convictions and even questionable increases in premium. Whatever your reason, finding a great new company is pretty easy and you might even save some money in the process.

In this article, we presented a lot of ways to get a better price on 2004 Porsche 911 insurance. The most important thing to understand is the more rate quotes you have, the better chance you’ll have of finding lower rates. Drivers may discover the lowest rates come from some of the smallest insurance companies.

Cost effective insurance can be found both online and with local insurance agents, and you need to price shop both to have the best chance of lowering rates. Some auto insurance companies do not offer the ability to get a quote online and these small insurance companies work with independent agents.

More information can be read at these links:

• Comprehensive Coverage (Liberty Mutual)
• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Bodily Injury Coverage (Liberty Mutual)
• Insuring a Leased Car (Insurance Information Institute)
• Side Impact Crash Tests (iihs.org)

Use our FREE quote tool to compare rates now!