Has it been a year or more since you last compared quotes for low-cost Porsche 911 insurance in Seattle? No sane person looks forward to paying premiums for auto insurance, especially when it costs too dang much.
A recent study showed that nearly 70% of drivers have been with the same company for well over three years, and roughly 40% of drivers have never compared rates to find lower-cost insurance. Washington consumers could save approximately $400 a year just by getting comparison quotes, but they don’t want to spend time to shop their coverage around.
Popular companies such as State Farm, GEICO and Farmers Insurance promote their brand names with ads and it can be hard to ignore the promise of big savings and take the time to shop coverage around.
If you have a policy now, you should be able to get lower rates using this information. Locating the best rates in Seattle is not that difficult as long as you know where to start. But Washington car owners must comprehend how the larger insurance companies set your policy premium because it can help you find the best coverage.
Cheaper rates on Porsche 911 insurance in Seattle with these discounts
Buying insurance is not cheap, but you may be missing some discounts that could help you make your next renewal payment. Some trigger automatically when you get a quote, but some may not be applied and must be requested specifically prior to getting the savings.
- Discounts for New Vehicles – Buying a new car instead of a used 911 may earn a small discount since newer models have better safety ratings.
- Defensive Driver Discount – Passing a course teaching defensive driver skills could earn you a small percentage discount and easily pay for the cost of the class.
- Distant Student Discount – Kids who live away from home at college and do not take a car to college may qualify for this discount.
- Good Drivers – Safe drivers could pay up to 40% less compared to rates paid by drivers with frequent claims.
- Clubs and Organizations – Joining certain professional organizations could qualify you for a break when shopping for insurance.
As a sidenote, most discounts do not apply to all coverage premiums. Most only reduce the cost of specific coverages such as liability and collision coverage. So when it seems like adding up those discounts means a free policy, companies don’t profit that way.
A partial list of companies that may include some of the above discounts possibly include:
If you need low cost Seattle auto insurance quotes, ask each insurance company how you can save money. A few discounts may not apply in Seattle. To see a list of insurance companies that offer multiple discounts in Washington, click here to view.
Most of the larger companies allow you to get coverage price quotes from their websites. Doing online quotes for Porsche 911 insurance in Seattle is fairly straightforward as you simply enter your personal and coverage information as requested by the quote form. When the form is submitted, their rating system will obtain your driving record and credit report and provides a quote based on these factors. Using the web to get rates for Porsche 911 insurance in Seattle helps simplify price comparisons, and it’s very important to compare as many rates as possible if you want to get the most affordable insurance rates.
To save time and find out how much you’re overpaying now, compare rate quotes from the providers shown below. If you have a policy now, it’s recommended you input coverages and limits identical to your current policy. This guarantees you will be getting comparison quotes based on the exact same insurance coverage.
The companies in the list below are our best choices to provide free rate quotes in Washington. If the list has multiple companies, it’s highly recommended you get price quotes from several of them in order to find the most competitive rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|911 Carrera 2 2-Dr Coupe||$438||$866||$386||$22||$116||$1,828||$152|
|911 Carrera 4 2-Dr Coupe||$238||$498||$282||$16||$84||$1,118||$93|
|911 Carrera 2 Cabriolet 2-Dr Convertible||$296||$574||$256||$16||$76||$1,218||$102|
|911 Carrera 2 S 2-Dr Coupe||$366||$834||$356||$22||$106||$1,684||$140|
|911 Carrera 4 Cabriolet 2-Dr Convertible||$364||$712||$256||$16||$76||$1,424||$119|
|911 Carrera 4S 2-Dr Coupe||$426||$794||$386||$22||$116||$1,744||$145|
|911 Carrera Targa 2-Dr Coupe||$408||$1090||$356||$22||$106||$1,982||$165|
|911 Carrera 2 S 2-Dr Convertible||$326||$806||$240||$14||$72||$1,458||$122|
|911 Carrera 4S Cabriolet 2-Dr Convertible||$436||$850||$256||$16||$76||$1,634||$136|
|911 Carrera Targa S 2-Dr Coupe||$318||$628||$300||$18||$90||$1,354||$113|
|911 GT3 2-Dr Coupe||$404||$862||$294||$18||$88||$1,666||$139|
|911 GT3 RS 2-Dr Coupe||$324||$774||$334||$20||$100||$1,552||$129|
|911 Turbo 2-Dr Coupe||$286||$586||$294||$18||$88||$1,272||$106|
|911 Turbo 2-Dr Convertible||$494||$1348||$326||$20||$98||$2,286||$191|
|Get Your Own Custom Quote Go|
Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Washington minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Rate quotes do not factor in specific zip code location which can lower or raise coverage rates greatly.
Liability only or full coverage
The example below shows the comparison of Porsche 911 auto insurance costs with full physical damage coverage and with liability coverage only. Data assumes no accidents or driving violations, $100 deductibles, married female driver, and no discounts are applied to the premium.
When to stop buying full coverage
There is no clear-cut rule to exclude full coverage on your policy, but there is a broad guideline. If the annual cost of having full coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, the it may be a good time to stop paying for full coverage.
For example, let’s say your Porsche 911 replacement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company will settle for is $6,000 after paying the physical damage deductible. If you are paying more than $600 annually for comprehensive and collision coverage, then it may be the right time to buy liability only.
There are some cases where removing full coverage is not a good plan. If you haven’t paid off your loan, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should keep full coverage.
Analysis of deductible levels
The diagram below shows how different deductible levels and can influence Porsche 911 yearly insurance costs for different ages of insureds. The prices are based on a married female driver, comprehensive and collision coverage, and no discounts are applied.
Six factors that impact insurance prices
Many different elements are used when you quote your car insurance policy. Some are pretty understandable like an MVR report, although others are less apparent such as your marital status or your commute time. Smart consumers have a good feel for some of the things that aid in calculating your premiums. When consumers understand what influences your rates, this allows you to make good choices that can earn you better car insurance rates.
Liability insurance limits are a factor – Your car insurance policy’s liability coverage kicks in if ever you are found to be at fault for physical damage or personal injury to other. Your liability coverage provides you with a defense in court which can cost thousands of dollars. Liability is cheap when compared with rates for comp and collision, so drivers should buy more than the minimum limits required by law.
Safety first – Cars with five star safety ratings tend to have better insurance rates. Vehicles built for safety result in less severe injuries and reduced instances of injuries means your insurance company pays less and lower rates for you.
Occupation stress can make you pay more – Do you have a high-stress occupation? Occupations like judges, police officers, and dentists tend to have higher average rates attributed to intense work situations and extremely grueling work hours. On the flip side, careers such as scientists, athletes and homemakers get better rates.
Be proud to be claim-free – Car insurance companies in Washington generally give lower rates to drivers that do not abuse their auto insurance. If you are the type of insured that files lots of claims you can expect higher premiums or even policy non-renewal. Insurance coverage is designed for claims that you cannot pay yourself.
Always have car insurance – Going without insurance is a sure-fire way to bump up your car insurance costs. In addition to paying higher rates, the inability to provide proof of insurance could result in fines and jail time.
The higher your credit rating the lower your costs – Having a good credit rating can be a huge factor in determining your rates. Therefore, if your credit history could use some work, you may save money insuring your Porsche 911 by repairing your credit. Insureds with good credit tend to be more responsible and file fewer claims as compared to drivers with lower ratings.
Porsche 911 insurance loss data – Insurers take into consideration historical loss data for every vehicle to help determine rates. Models that are shown to have higher loss trends will cost more for coverage.
The table below shows the compiled insurance loss statistics for Porsche 911 vehicles. For each policy coverage type, the claim probability for all vehicles, as a total average, is set at 100. Values that are below 100 represent a good loss history, while percentages above 100 indicate more frequent claims or an increased likelihood of larger losses.
Car Insurance Loss Data for Porsche 911 Models
|Vehicle Make and 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|
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
When to get professional advice
When quoting and choosing proper insurance coverage for your vehicles, there really isn’t a cookie cutter policy. Everyone’s situation is unique so this has to be addressed. Here are some questions about coverages that might point out whether or not you would benefit from professional advice.
- Will my insurance pay for OEM parts?
- Does my liability insurance cover pulling a trailer or camper?
- Am I covered when driving someone else’s vehicle?
- Will I be non-renewed for getting a DUI or other conviction?
- When can I cancel my policy?
- Does my policy cover me if I wreck while driving under the influence?
- How does medical payments coverage work?
- Do I need roadside assistance coverage?
- Can I rent a car in Mexico?
- How much will a speeding ticket raise my rates?
If you can’t answer these questions, then you may want to think about talking to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of insurance companies in your area.
Insurance agencies near you
Some people still prefer to get advice from a local agent and that can be a smart move One of the best bonuses of comparing rates online is you may find lower prices and still choose a local agent.
To find an agent, once you fill out this simple form, your insurance data is instantly submitted to local insurance agents in Seattle who will gladly provide quotes and help you find cheaper coverage. There is no need to even leave your home since price quotes are sent immediately to you. You can most likely find cheaper rates without a big time investment. If you want to get a rate quote for a specific company, don’t hesitate to go to their quote page and submit a quote form there.
Finding a good insurance company requires you to look at more than just the quoted price. You should also get answers to these questions.
- Is insurance their full-time profession?
- Can you use your own choice of collision repair facility?
- How will an accident affect your rates?
- Did they already check your driving record and credit reports?
- Does the agency have a good rating with the Better Business Bureau?
- Are there any extra charges for paying monthly?
- How is replacement cost determined on your vehicle?
If you want a local insurance agency, you need to know there are two different types of agencies and how they are distinctly different. Insurance agents are considered either independent agents or exclusive agents depending on their employer.
These type of agents are contracted to one company such as AAA, Allstate, State Farm, or Farmers Insurance. These agents are unable to shop your coverage around so they are skilled at selling on more than just price. Exclusive agencies are usually quite knowledgeable on their company’s products which can be an advantage.
The following is a short list of exclusive agents in Seattle who can help you get rate quotes.
Lucho Singh – State Farm Insurance Agent
1420 Harvard Ave – Seattle, WA 98122 – (206) 329-4450 – View Map
Independent agencies often have many company appointments so they can quote policies amongst many companies enabling the ability to shop coverage around. If they find a cheaper price, they simply move your policy to a different company and you won’t have to switch agencies. When comparing rate quotes, you definitely need to compare quotes from several independent insurance agents for the best price selection.
Below are Seattle independent agents that can give you comparison quotes.
If you feel you receive positive responses to your questions as well as offering an affordable quote, chances are good that you have found a car insurance agent that meets the criteria to properly insure your vehicles. Just be aware that it’s your coverage and you can cancel coverage any time you want so never assume you’re contractually obligated to any specific agency indefinitely.
Insurance does more than just repair your car
Even though it’s not necessarily cheap to insure a Porsche in Seattle, maintaining insurance is required by state law in Washington and it also provides benefits you may not be aware of.
- Most states have minimum mandated liability insurance limits which means you are required to carry a specific level of liability coverage in order to get the vehicle licensed. In Washington these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you bought your Porsche 911 with a loan, it’s guaranteed your bank will require that you have physical damage coverage to ensure they get paid if you total the vehicle. If you cancel or allow the policy to lapse, the lender may insure your Porsche at an extremely high rate and require you to pay for the much more expensive policy.
- Insurance preserves your vehicle and your assets. It will also pay for most medical and hospital costs for you, your passengers, and anyone else injured in an accident. Liability insurance also pays for attorney fees and expenses if anyone sues you for causing an accident. If your car is damaged in a storm or accident, collision and comprehensive coverages will cover the repair costs.
The benefits of carrying adequate insurance greatly outweigh the cost, specifically if you ever have a liability claim. Despite what companies tell you, the average driver is overpaying more than $850 per year so it’s important to compare rates at every policy renewal to be sure current rates are still competitive.
Compare auto insurance rates regularly to save
We’ve covered some good ideas how you can compare Porsche 911 insurance rates in Seattle. The most important thing to understand is the more times you quote, the better chance you’ll have of finding inexpensive Seattle auto insurance quotes. You may even be surprised to find that the lowest rates are with a smaller regional carrier. These smaller insurers often have lower car insurance rates on specific markets than the large multi-state companies such as Allstate and Progressive.
As you shop your coverage around, don’t be tempted to sacrifice coverage to reduce premiums. In many cases, drivers have reduced comprehensive coverage or liability limits to discover at claim time they didn’t purchase enough coverage. Your objective should be to buy enough coverage at the best price but still have enough coverage for asset protection.
Some companies do not offer the ability to get quotes online and usually these regional carriers prefer to sell through independent insurance agents. Budget-friendly auto insurance in Seattle is definitely available both online and from local agencies, and you should be comparing both to have the best rate selection.
More information is available at these links:
- Child Safety Seats (Insurance Information Institute)
- Who Has Cheap Seattle Car Insurance Rates for Unemployed Drivers? (FAQ)
- What Car Insurance is Cheapest for a Toyota Tacoma in Seattle? (FAQ)
- How Much is Car Insurance for First-time Drivers in Seattle? (FAQ)
- Who Has Cheap Seattle Auto Insurance for a Dodge Grand Caravan? (FAQ)
- Who Has Cheap Auto Insurance Rates for 16 Year Olds in Seattle? (FAQ)
- Collision Coverage (Liberty Mutual)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)