Cheap Quotes for Porsche Cayman Insurance in Long Beach

How long has it been since you compared quotes for cheaper Porsche Cayman insurance in Long Beach? Having to pay for expensive auto insurance in Long Beach can bleed your personal savings and force you to make tough financial choices. Doing a rate comparison is an excellent way to make sure you’re not throwing money away.

Astonishing but true, the vast majority of consumers kept their coverage with the same auto insurance company for a minimum of four years, and almost 40% of drivers have never shopped around. California insurance shoppers can save hundreds of dollars each year by just shopping around, but they just assume it’s a time-consuming process to find affordable auto insurance rates.

Companies like GEICO, Farmers Insurance and State Farm continually hit you with TV and radio ads and it is difficult to avoid their marketing magic and find the best price available.

Why Smart Consumers Pay Less for Porsche Cayman Insurance

Many factors are used in the calculation when you get a price on insurance. A few of the factors are predictable such as your driving record, although others are not quite as obvious such as your marital status or how safe your car is. When buying auto insurance it’s important to understand a few of the rating criteria that go into determining your policy premiums. When consumers understand what positively or negatively impacts your premiums, this allows you to make educated decisions that may reward you with better auto insurance rates.

• Gender is a factor – Statistics show women are more cautious behind the wheel. It does not mean men are worse drivers. Men and women are in accidents at about the same rate, but guys tend to have more serious accidents. They also get cited for more serious violations such as driving while intoxicated (DWI) or driving recklessly.

  The illustration below shows the comparison of Porsche Cayman insurance prices for male and female drivers. The rates are based on no claims or violations, full physical damage coverage, $100 deductibles, single marital status, and no discounts are applied to the premium.

• Decrease rates by maintaining coverage – Not having insurance is against the law and you will pay a penalty because you let your coverage cancel without a new policy in place. Not only will you pay more, getting caught without coverage may earn you fines or a revoked license.
• Do you know your deductibles? – The deductibles you choose represent how much money the insured will be required to pay before your auto insurance pays a claim. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some examples of covered claims would be colliding with a stationary object, animal collisions, and having a roll-over accident. The more of the claim you choose to pay out-of-pocket, the lower your rates will be.
• Your vocation and auto insurance rates – Did you know your auto insurance rates can be affected by your occupation? Jobs such as judges, social workers, and emergency personnel tend to pay higher rates than the rest of us due to high stress and long work days. On the other hand, occupations like scientists, engineers and retirees generally pay rates lower than average.
• Big cities have higher rates – Choosing to live in smaller towns and rural areas of the country can save you money when it comes to auto insurance. Urban drivers have to deal with more aggressive driving styles and much longer commute distances. Lower population translates into fewer accidents as well as less vandalism and auto theft.
• Extra coverages can add up – Insurance companies have many additional coverages that can waste your money if you aren’t careful. Insurance for coverage for rental cars, towing coverage, and extra life insurance coverage may be wasting your money. You may think they are a good idea at first, but now you might not need them so think about removing them and cutting costs.

• Porsche Cayman insurance loss data – Auto insurance companies use data from past claims to determine a rate that will be profitable for them. Vehicles that are shown to have higher frequency or amount of claims will have higher rates for specific coverages.

  The next table illustrates the collected loss data for Porsche Cayman vehicles. For each coverage category, the loss probability for all vehicles averaged together is set at 100. Numbers below 100 mean the vehicle has better than average losses, while values that are 100 or greater indicate higher probability of having a loss or an increased chance of a larger loss.

  
  

  Porsche Cayman Insurance Loss Statistics

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Porsche Cayman 2dr	183	40	99	36

  BETTER

  AVERAGE

  WORSE

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

Analysis of Porsche Cayman rates

The data table shown below covers different policy rates for Porsche Cayman models. Being more informed about how insurance rates are established can be useful when making smart choices when comparing insurance quotes.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Estimates do not factor in vehicle location which can revise premiums considerably.

Physical damage deductible comparison

When comparing insurance rates, the most common question is which comprehensive and collision deductibles to buy. The figures shown below may help to conceptualize the differences in premium rates between high and low insurance deductibles. The first rate comparisons uses a $100 deductible and the second data table uses a $500 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Rates do not factor in vehicle garaging location which can affect prices noticeably.

Based on these figures, using a $100 deductible costs about $44 more each month or $528 each year averaged for all Cayman models than opting for the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you have more than 9 months between claims, you would probably save some money if you opt for a higher deductible.

Verify you’re receiving every discount

Some insurers don’t list every available discount very clearly, so below is a list some of the best known and the more hidden credits available to lower your premiums when you buy Long Beach car insurance online.

• Active Service Discounts – Having an actively deployed family member could trigger a small discount.
• Distant Student Discount – Children who live away from home to go to college and don’t have a car may be able to be covered for less.
• Defensive Driving Course – Taking time to complete a defensive driver class may get you a small discount depending on where you live.
• Seat Belts Save more than Lives – Drivers who require all vehicle occupants to use their safety belts can save 10% or more on the premium charged for medical payments and/or PIP.
• One Accident Forgiven – Not a discount per se, but some insurance companies permit an accident without getting socked with a rate hike with the catch being you have to be claim-free prior to the accident.
• Government Employee Discount – Simply working for the federal government may qualify for a discount when you quote Long Beach car insurance with select insurance companies.
• Fewer Miles Equal More Savings – Low annual miles could be rewarded with discounted premium rates on garaged vehicles.
• Clubs and Organizations – Having an affiliation with qualifying clubs or civic groups could trigger savings when shopping for auto insurance.
• Savings for New Vehicles – Putting insurance on a new Cayman can be considerably cheaper compared to insuring an older model.

A little disclaimer on discounts, most credits do not apply to your bottom line cost. Most cut individual premiums such as comp or med pay. Just because it seems like all those discounts means the company will pay you, insurance companies wouldn’t stay in business.

The illustration below shows the difference between Porsche Cayman yearly insurance costs with and without discounts. The prices are based on a male driver, no claims or violations, California state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, homeowner, marriage, multi-car, and safe-driver discounts applied.

To see auto insurance companies who offer auto insurance discounts in Long Beach, click this link.

Best car insurance company in California

Ending up with a high-quality car insurance company can be a challenge considering how many choices drivers have in California. The rank data displayed below may help you pick which coverage providers you want to consider when comparing rates.

Top 10 Long Beach Car Insurance Companies Ranked by Customer Satisfaction

1. Titan Insurance – 95%
2. USAA – 94%
3. AAA of Southern California – 92%
4. AAA Insurance – 91%
5. Nationwide – 90%
6. State Farm – 90%
7. The Hartford – 89%
8. GEICO – 89%
9. The General – 88%
10. 21st Century – 88%

Top 10 Long Beach Car Insurance Companies Ranked by Claims Service

1. AAA of Southern California
2. State Farm
3. Esurance
4. AAA Insurance
5. Progressive
6. Liberty Mutual
7. GEICO
8. Allstate
9. Titan Insurance
10. The Hartford

More comparisons equals cheap rates

In this article, we presented some good ideas how you can compare Porsche Cayman insurance premium rates in Long Beach. The key thing to remember is the more providers you compare, the higher the chance of saving money. You may even be surprised to find that the most savings is with an unexpected company. They often have lower prices on specific markets than the large multi-state companies such as State Farm, GEICO and Nationwide.

Discount Porsche Cayman insurance in Long Beach is available from both online companies and from local insurance agents, so you need to quote Long Beach car insurance with both to get a complete price analysis. Some insurance providers do not offer the ability to get quotes online and usually these small insurance companies sell through local independent agencies.

As you prepare to switch companies, do not reduce coverage to reduce premium. There have been many situations where consumers will sacrifice full coverage and learned later that it was a big mistake. The ultimate goal is to buy a smart amount of coverage at an affordable rate, but do not sacrifice coverage to save money.

How to find affordable quotes for Porsche Cayman insurance in Long Beach

If saving the most money is your goal, then the best way to find cheaper prices for auto insurance rates in Long Beach is to start doing an annual price comparison from companies that sell auto insurance in California. You can shop around by following these steps.

1. Spend a few minutes and learn about individual coverages and the steps you can take to keep rates low. Many policy risk factors that cause rate increases such as speeding tickets, careless driving and poor credit can be amended by improving your driving habits or financial responsibility.
2. Get rate quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can give quotes from a single company like GEICO and Allstate, while independent agencies can quote prices for a wide range of insurance providers.
3. Compare the new rates to your existing policy to see if a cheaper rate is available in Long Beach. If you can save some money, make sure there is no lapse in coverage.

A good tip to remember is to make sure you’re comparing the same amount of coverage on every quote and to quote with as many different companies as possible. Doing this helps ensure a fair rate comparison and the best price selection.

Other learning opportunities

• No-Fault Auto Insurance Statistics (Insurance Information Institute)
• Who Has Cheap Long Beach Car Insurance Quotes for Business Use? (FAQ)
• Who Has the Cheapest Long Beach Auto Insurance Quotes for a Ford Edge? (FAQ)
• How Much is Auto Insurance with Multiple Speeding Tickets in Long Beach? (FAQ)
• Determining Auto Insurance Rates (GEICO)
• Think You’re a Safe Driver? (State Farm)
• Five Mistakes to Avoid (Insurance Information Institute)
• What is a Telematics Device? (Allstate)