Affordable Porsche Boxster Insurance in Chandler

Everyone knows that auto insurance companies don’t want you comparing rates. People who get price comparisons will most likely buy a different policy because there are good odds of finding lower prices. A study showed that drivers who compared rate quotes regularly saved approximately $865 annually compared to those who never compared prices.

If finding the best rates on insurance in Chandler is your ultimate goal, learning how to find companies and compare insurance rates can make shopping around easier.

If saving money is your primary concern, then the best way to get budget auto insurance rates in Chandler is to make a habit of comparing prices annually from insurers in Arizona.

Step 1: Learn about how companies set rates and the measures you can control to keep rates in check. Many rating criteria that result in higher prices such as high-risk driving behaviors and an unacceptable credit history can be improved by improving your driving habits or financial responsibility. This article provides more information to help keep prices low and find available discounts that you may qualify for.

Step 2: Quote rates from direct, independent, and exclusive agents. Exclusive and direct companies can give quotes from a single company like Progressive and State Farm, while independent agencies can quote prices from multiple companies.

Step 3: Compare the new rates to the premium of your current policy and see if there is a cheaper rate in Chandler. If you find a lower rate and make a switch, make sure there is no coverage gap between policies.

The most important part of this process is to make sure you’re comparing similar limits and deductibles on every quote and and to get quotes from all possible companies. This enables an accurate price comparison and maximum price selection.

If you have coverage now or need new coverage, use these tips to reduce premiums and possibly find even better coverage. Finding affordable auto insurance coverage in Chandler can really be easy if you know what you’re doing. Consumers just need to know the proper way to shop for auto insurance from many different companies online.

The providers in the list below offer price comparisons in Chandler, AZ. To get cheap car insurance in Arizona, it’s a good idea that you get rates from several of them to get the cheapest price.

Insuring your Porsche Boxster just makes sense

Despite the high cost, buying insurance is required in Arizona but also provides important benefits.

• Just about all states have mandatory insurance requirements which means you are required to carry a minimum amount of liability insurance if you want to drive legally. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you have a lien on your Porsche, it’s most likely the lender will have a requirement that you buy insurance to guarantee loan repayment. If coverage lapses or is canceled, the lender may insure your Porsche at a more expensive rate and force you to pay much more than you were paying before.
• Insurance safeguards not only your vehicle but also your financial assets. It also can pay for all forms of medical expenses for yourself as well as anyone injured by you. Liability coverage, the one required by state law, also pays expenses related to your legal defense if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.

The benefits of having insurance definitely exceed the cost, particularly for liability claims. According to a 2015 survey, the average American driver is overpaying over $869 every year so compare quotes from several companies at every renewal to make sure the price is not too high.

Coverage statistics and figures

The coverage information displayed next showcases different coverage costs for Porsche Boxster models. Being aware of how rate quotes are established can help customers make smart choices when purchasing an insurance policy.

Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Rate information does not factor in vehicle garaging location which can impact rates significantly.

Physical damage deductibles: Should you raise them?

The hardest decision when buying coverage is how high should the physical damage deductibles be. The rates below show the rate differences between high and low comp and collision deductibles. The first data set uses a $100 deductible for physical damage and the second set of prices uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Table data does not factor in specific location information which can change coverage rates significantly.

We can estimate from the data above that using a $100 deductible costs roughly $41 more each month or $492 each year than opting for the higher $1,000 deductible. Since 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 have more than 22 months between claim filings, you would save more money by selecting a higher deductible. Here is how this calculation is made.

The diagram below illustrates how choosing a deductible and can change Porsche Boxster premium costs for different ages of insureds. The price estimates are based on a married male driver, comp and collision included, and no other discounts are factored in.

Porsche Boxster full coverage rates compared to liability only

The example below illustrates the difference between Porsche Boxster insurance costs with liability coverage only compared to full coverage. The prices are based on no claims or driving violations, $500 deductibles, marital status is single, and no discounts are factored in.

When to drop full coverage

There is no specific rule that is best for determining when to drop comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the yearly cost of full coverage is more than 10% of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.

For example, let’s pretend your Porsche Boxster settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is destroyed, you would only receive $7,000 after paying your deductible. If you are paying in excess of $700 a year for physical damage coverage, then it might be time to buy liability only.

There are some scenarios where eliminating full coverage is not a good plan. If you still owe a portion of the original loan, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not buy liability only.

Get cheaper rates with discounts

Companies that sell car insurance do not advertise all discounts very clearly, so the following list contains a few of the more well known and also the lesser-known credits available to lower your premiums when you buy Chandler auto insurance online.

• Payment Discounts – By paying your entire bill at once instead of paying each month you may have a lower total premium amount.
• Defensive Driving Course – Successfully completing a driver safety course could possibly earn you a 5% discount and make you a better driver.
• Accident Waiver – Not really a discount, but a few companies such as State Farm and Progressive will forgive one accident without getting socked with a rate hike so long as you are claim-free prior to being involved in the accident.
• Sign Early and Save – Some companies reward drivers for switching companies prior to the expiration date on your current Boxster insurance policy. It’s a savings of about 10%.
• Accident-Free Discounts – Insureds who avoid accidents and claims are rewarded with significantly better rates on Chandler auto insurance quote when compared to drivers who are more careless.

One thing to note about discounts is that most of the big mark downs will not be given to all coverage premiums. A few only apply to the cost of specific coverages such as comprehensive or collision. So when the math indicates adding up those discounts means a free policy, it doesn’t quite work that way.

The diagram below shows the comparison of Porsche Boxster auto insurance costs with and without discounts being applied to the rates. The data is based on a male driver, no claims or driving citations, Arizona state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, multi-policy, multi-car, homeowner, and marriage discounts applied.

If you would like to view insurance companies that offer many of these discounts in Arizona, click here.

Insurance agents can help

A lot of people would rather go talk to an agent and doing so can bring peace of mind Most agents can make sure you are properly covered and will help you if you have claims. A good thing about comparing car insurance online is the fact that you can find cheap car insurance quotes and still have a local agent. Putting coverage with local insurance agents is important particularly in Chandler.

To help locate an agent, after submitting this quick form, the coverage information is immediately sent to agents in your area that can provide free Chandler auto insurance quotes to get your business. There is no need to do any legwork since rate quotes are delivered straight to your inbox. If for some reason you want to compare rates from a specific car insurance provider, you would need to go to their quote page and fill out the quote form the provide.

If you want to use a good insurance agency, there are two different types of agencies and how they are slightly different. Car insurance policy providers are categorized either exclusive or independent agents depending on their company appointments. Either one can do a good job, but it’s a good idea to understand the differences because it can influence the kind of agent you use.

Independent Insurance Agents

Independent agents are not employed by one company so they can quote policies with many different companies and get the cheapest rates. If they find a cheaper price, they simply switch companies in-house which is easy for the insured. When comparing rates, you should always get quotes from independent agents to have the most options to choose from.

Featured below are Chandler independent insurance agencies that can give you comparison quotes.

More Chandler agents

Exclusive Car Insurance Agencies

Agents in the exclusive channel can only quote rates from one company and examples are AAA, Allstate, State Farm, or Farmers Insurance. They are unable to shop your coverage around so you need to shop around if the rates are high. These agents are usually well trained on what they offer which helps them compete with independent agents.

Shown below are Chandler exclusive insurance agents who can help you get price quote information.

More Chandler agents

Picking an insurance agent needs to be determined by more than just the premium amount. The following questions are important to ask.

• When do they do a full risk review?
• Are claim adjusters local or do you have to take your car somewhere else?
• Where would glass claims be handled in Chandler?
• Is the agent CPCU or CIC certified?
• Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?

Which policy gives me the best coverage?

When choosing the best car insurance coverage, there is no perfect coverage plan. Everyone’s needs are different so your insurance needs to address that.
For example, these questions could help you determine if your insurance needs could use an agent’s help.

• Are all vehicle passengers covered by medical payments coverage?
• What if I owe more than I can insure my car for?
• Will I lose any money if I cancel my policy before it expires?
• Should I get collision insurance on every vehicle?
• Should I file a claim if it’s only slightly more than my deductible?
• When should I have rental car coverage?
• How much can I save by bundling my policies?

If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier It only takes a few minutes and you can get the answers you need.

Do the work, save more money

We’ve covered a lot of techniques to find affordable Porsche Boxster insurance in Chandler. The most important thing to understand is the more price quotes you have, the higher your chance of finding low cost Chandler auto insurance quotes. Consumers could even find that the best price on insurance is with the smaller companies. Some small companies can often provide lower car insurance rates in certain areas than their larger competitors like Progressive and GEICO.

Lower-priced insurance in Chandler can be purchased from both online companies in addition to local insurance agencies, and you need to comparison shop both so you have a total pricing picture. Some insurance providers do not provide rates over the internet and these small, regional companies sell through independent agents.

For more information, take a look at the articles below:

• Prom Night Tips for Teen Drivers (State Farm)
• How Much are Chandler Car Insurance Rates for Drivers with Bad Credit? (FAQ)
• Who Has Cheap Car Insurance Rates for High Risk Drivers in Chandler? (FAQ)
• Choosing a Car for Your Teen (State Farm)
• New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)
• Auto Insurance FAQ (Farmers Insurance)