2014 Porsche 911 Car Insurance Rates in 2024 – 5 Policy Discounts

Want the cheapest insurance rates for your Porsche 911? Are you drained from paying out the nose to pay insurance each month? You are no different than many other consumers. Multiple auto insurance companies compete for your business, so it’s not easy to compare every insurance company to find the lowest rate

How much is car insurance?

Performing a rate comparison is a ton of work if you don’t utilize the easiest way. You can waste a lot of time talking to insurance companies in your area, or you can stay home and use online quotes to get prices fast.

Most major companies participate in a marketplace that allows shoppers to only type in their quote data once, and every company provides a quote based on the submitted data. This saves time by eliminating quote requests for every car insurance company. To compare rates using this form now enter your zip code here.

The only downside to using this type of form is you cannot specify the providers you will receive quotes from. So if you prefer to pick specific providers to receive pricing from, we have assembled a list of the cheapest car insurance companies in your area. Click to enter zip code.

Whichever way you choose to compare rates, be certain you are entering apples-to-apples coverage limits and deductibles on every quote you get. If your comparisons have different values for each quote you will not be able to determine the best price for your Porsche 911.

More affordable rates by taking advantage of these five discounts

Not too many consumers would say insurance coverage is affordable, but there’s a good chance there are discounts that could drop your premiums quite a bit. Larger premium reductions will be automatically applied when you quote, but once in a while a discount must be asked about before you get the savings. If you are not receiving all the discounts available, you’re paying more than you need to.

• Multi-policy Discount – If you can combine your auto and homeowners policy and insure them both with the same insurance company you could get a discount of nearly 15% which can help you find affordable auto insurance.
• Accident Waiver – Not a discount per se, but companies like Progressive and Allstate will forgive one accident without getting socked with a rate hike so long as you haven’t had any claims before the accident.
• Homeowners Pay Less – Owning a house can save you money because it is proof that your finances are in order.
• Student Discounts – Maintaining excellent grades may save as much as 25% on a auto insurance quote. The good student discount can last up to age 25.
• Mature Driver Discount – Seniors may be able to get better insurance coverage rates on 911 coverage.

A little disclaimer on discounts, some credits don’t apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like comprehensive or collision. If you do the math and it seems like all the discounts add up to a free policy, nobody gets a free ride.

Some of the insurance companies who might offer most of these discounts include:

• Progressive
• Farmers Insurance
• Farm Bureau
• State Farm
• GEICO
• SAFECO
• Liberty Mutual

When quoting, ask each company the best way to save money. Some credits may not be available in your area.

How much auto insurance do I need?

When choosing coverage for your personal vehicles, there isn’t really a perfect coverage plan. Every insured’s situation is different and a cookie cutter policy won’t apply. For example, these questions can help discover whether you would benefit from an agent’s advice.

• Am I covered if I break a side mirror?
• Am I better off with higher deductibles on my 2014 Porsche 911?
• Are there companies who specialize in insuring high-risk drivers?
• When should I drop full coverage on my 2014 Porsche 911?
• Which is better, split liability limits or combined limits?
• Is my ex-spouse still covered by my policy?
• What if I owe more than I can insure my car for?
• How do I file an SR-22 for a DUI in my state?
• What is covered by UM/UIM coverage?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. To find an agent in your area, fill out your zip code. It’s fast, free and may give you better protection.

Auto insurance coverages

Having a good grasp of your auto insurance policy aids in choosing the right coverages and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring. Shown next are typical coverage types found on most auto insurance policies.

Liability coverages – Liability insurance provides protection from damage or injury you incur to other’s property or people in an accident. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability insurance covers things like emergency aid, attorney fees, legal defense fees and loss of income. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage pay for bills for doctor visits, X-ray expenses, surgery, nursing services and prosthetic devices. The coverages can be utilized in addition to your health insurance program or if you do not have health coverage. It covers you and your occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like vandalism, damage from flooding and hitting a bird. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and damage to your 2014 Porsche 911.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages are set the same as your liability limits.

Collision – This pays to fix your vehicle from damage from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims such as colliding with another moving vehicle, sideswiping another vehicle, rolling your car, backing into a parked car and crashing into a ditch. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to bump up the deductible to save money on collision insurance.

More effort can pay off

Cost effective 2014 Porsche 911 insurance is definitely available online in addition to many insurance agents, so you need to quote auto insurance with both to have the best selection. A few companies do not offer price quotes online and most of the time these smaller providers only sell coverage through independent agents.

When buying insurance coverage, make sure you don’t reduce needed coverages to save money. There have been many situations where drivers have reduced physical damage coverage and discovered at claim time that it was a big mistake. The ultimate goal is to purchase a proper amount of coverage at the best cost, but do not sacrifice coverage to save money.