Cheap Insurance for a Porsche 911 in Fort Worth

If you want to save the most money, the best way to find cheaper Porsche 911 insurance in Fort Worth is to do a yearly price comparison from insurers who sell auto insurance in Texas.

1. Spend some time learning about how insurance works and the changes you can make to keep rates down. Many things that cause high rates like getting speeding tickets and poor credit can be remedied by improving your driving habits or financial responsibility. Read the full article for tips to get cheaper coverage and find possible discounts that are available.
2. Obtain price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can give quotes from one company like Progressive or Farmers Insurance, while agents who are independent can quote rates from multiple companies. View prices
3. Compare the price quotes to your existing coverage to determine if you can save on 911 insurance in Fort Worth. If you can save money, make sure there is no lapse in coverage.
4. Provide notification to your current agent or company to cancel your current auto insurance policy. Submit a completed policy application and payment to the new insurer. Make sure you place the new certificate verifying proof of insurance along with your vehicle registration.

A good tip to remember is to use similar deductibles and liability limits on each quote request and and to get prices from as many different insurance providers as possible. This helps ensure a fair rate comparison and a complete price analysis.

It’s shocking but the vast majority of Texas insurance customers kept buying from the same company for a minimum of four years, and 38% of customers have never shopped around. With the average premium in America being $1,847, drivers can save 47% each year just by comparing rates, but most undervalue how much they could save if they changed companies.

These tips will teach you how auto insurance companies operate and how you can save the most money. If you are already insured, you should be able to shop for the lowest rates using the tips covered below. Vehicle owners just need to understand how to compare rate quotes online from multiple companies.

Best Porsche 911 insurance rate quotes in Texas

The auto insurance companies shown below have been selected to offer comparison quotes in Texas. If more than one company is shown, it’s highly recommended you visit as many as you can to find the lowest auto insurance rates.

Porsche 911 insurance rates and statistics

The premium table below showcases different insurance rates for Porsche 911 models. Having a better idea how policy premiums are figured can aid in making decisions on the best policy to buy.

Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Information does not factor in specific location information which can affect premium rates substantially.

An analysis of deductible level

One of the more difficult decisions when buying insurance is the level to set your comp and collision deductibles. The data tables below may aid in understanding the costs and benefits when you select higher and lower physical damage coverage deductibles. The first set of rates uses a $100 deductible for physical damage and the second rate chart uses a $1,000 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Premium amounts do not factor in Fort Worth location which can alter auto insurance rates considerably.

Based on the above data, using a $100 deductible costs an average of $72 more each month or $864 a year across all Porsche 911 models than quoting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have more than 13 months between claim filings, you would come out ahead going with the higher deductible.

One important note is that increasing deductibles to save money results in having to pay to pay more out-of-pocket when you have a claim. You must have some funds available in the event you need to pay the higher deductible.

Full coverage versus liability only rates

The illustration below compares Porsche 911 car insurance costs when comparing full coverage to state minimum liability only. The price estimates are based on a clean driving record, no claims, $250 deductibles, drivers are not married, and no discounts are applied to the premium.

Should you pay for full coverage?

There is no set rule to delete full coverage on your policy, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than about 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.

For example, let’s pretend your Porsche 911 book value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $6,000 after paying your policy deductible. If it’s costing in excess of $600 annually for your policy with full coverage, then it might be time to buy liability only.

There are some scenarios where only buying liability is not recommended. If you still have a lienholder on your title, you have to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not buy liability only.

Get cheaper Porsche 911 insurance in Fort Worth with discounts

Insuring your vehicles can cost a lot, but you may qualify for discounts that many people don’t even know exist. Some of these discounts will be visible at the time of quoting, but a few must be asked about before being credited.

• Low Mileage Discounts – Keeping the miles down on your Porsche may enable drivers to earn lower prices due to less chance of an accident.
• Paperless Signup – Many insurance companies will give you a small discount for completing your application online.
• Active Service Discounts – Being on active duty in the military could qualify you for better prices.
• Theft Deterrent Discount – Cars and trucks that have factory anti-theft systems are less likely to be stolen and qualify for as much as a 10% discount.
• Pay Upfront and Save – If you pay your entire premium ahead of time instead of paying each month you may reduce your total bill.
• Include Life Insurance and Save – If the company offers life insurance, you could get lower insurance rates if you buy auto and life insurance together.

It’s important to note that most discount credits are not given to the overall cost of the policy. Most cut the cost of specific coverages such as liability and collision coverage. So even though you would think it’s possible to get free car insurance, you’re out of luck. But any discount will cut the premium cost.

The information below compares Porsche 911 insurance prices with and without policy discounts. The data assumes a female driver, no claims or violations, Texas state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, claim-free, marriage, multi-policy, and safe-driver discounts applied.

Some of the insurance companies that may offer policyholders these money-saving discounts may include but are not limited to:

• GEICO
• Mercury Insurance
• Farmers Insurance
• Auto-Owners Insurance
• Liberty Mutual
• SAFECO
• Progressive
• USAA

If you want the cheapest Porsche 911 rate quotes, ask each insurance company which credits you are entitled to. Savings might not apply in your area. If you would like to view companies with significant discounts in Fort Worth, follow this link.

How do Insurance Companies Determine Porsche 911 Insurance Prices?

The best way to find cheaper car insurance is to take a look at the factors that help determine the level of your policy premiums. If you have some idea of what controls the rates you pay, this enables informed choices that can earn you much lower annual insurance costs. Lots of factors are taken into consideration when premium rates are determined. Some are pretty understandable such as your driving record, but others are not as apparent like your vehicle usage or how financially stable you are.

• Gender and auto insurance rates – Statistics show females are less aggressive when driving. The data does not necessarily mean that women are better drivers. Females and males tend to get into fender benders at about the same rate, but guys cause more damage. Not only are claims higher, but men get more serious tickets like DWI (DUI) or reckless driving.

  The example below shows the difference between Porsche 911 insurance premiums for male and female drivers. The premiums are based on a clean driving record, no at-fault accidents, full physical damage coverage, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.

• Bundle policies to earn discounts – The majority of insurance companies will give a discount to clients who have multiple policies with them such as combining an auto and homeowners policy. Even though this discount sounds good, drivers will still want to check prices from other companies to verify if the discount is saving money. Consumers may save even more than the discount by buying car insurance from a different company.
• Car insurance lapses raise rates – Not having insurance can get your license suspended and your next policy will cost more because you let your coverage cancel without a new policy in place. And not only will insurance be more expensive, the inability to provide proof of insurance might get you a license revocation or jail time.
• Car insurance rates and your job – Occupations like doctors, architects, and stock brokers generally pay higher rates than the rest of us because of stressful work requirements and lots of time spent away from family. On the flip side, careers such as actors, students and homemakers have the lowest average rates.
• Do you need those extra policy coverages? – There are quite a few optional add-on coverages that can waste your money on your 911 policy. Coverages like vanishing deductibles, towing, and motor club memberships may not be needed and are just wasting money. You may think they are a good idea initially, but if you have no use for them remove them and pocket the money.
• Pay more of a claim out-of-pocket – Comp and collision deductibles are the amount of money you are willing to pay in the event of a claim. Insurance for physical damage, also known as collision and other-than-collision, covers damage that occurs to your car. Some coverage claims are rear-ending another vehicle, hail damage, and having a roll-over accident. The more of the claim you have to pay, the lower your rates will be.

• Avoid tickets and save – Drivers with clean records have lower premiums compared to drivers with tickets. Getting just one speeding ticket or other violation could increase your next policy renewal twenty percent or more. Drivers with serious tickets such as hit and run, DWI or reckless driving convictions are required to prove financial responsibility with their state’s licensing department in order to keep their license.

  The illustration below highlights how traffic violations and accidents impact Porsche 911 car insurance rates for each age group. The premiums assume a single female driver, full coverage, $100 deductibles, and no other discounts are factored in.

• Insurance loss data for a Porsche 911 – Auto insurance companies analyze past claim statistics when they set coverage costs for each model. Models that tend to have higher loss trends will have a higher premium rate.

  The table below shows the compiled insurance loss statistics for Porsche 911 vehicles. For each insurance policy coverage type, the claim amount for all vehicles, regardless of make or model, is set at 100. Values that are below 100 indicate a favorable loss history, while numbers above 100 indicate a higher chance of having a claim or larger claims.

  
  

  Porsche 911 Insurance Loss Statistics

  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

  BETTER

  AVERAGE

  WORSE

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

Compare rate quotes but work with a local Fort Worth insurance agency

Certain consumers just prefer to have an agent’s advice and doing that can be a smart decision Licensed agents can help determine the best coverages and will help you if you have claims. A nice benefit of comparing rate quotes online is that you can obtain lower rates and still choose a local agent. And providing support for local agents is important especially in Fort Worth.

Once you complete this short form, the coverage information is transmitted to agents in your area who will give you quotes for your business. It’s much easier because you don’t need to contact any agents as quotes are delivered instantly to you. If you want to compare prices from a specific insurance company, you can always find their quoting web page and submit a quote form there.

Listed below is a list of car insurance companies in Fort Worth that are able to give price quotes for Porsche 911 insurance in Fort Worth.

• Kathleen Alexander – State Farm Insurance Agent
  5336 Wedgmont Cir N – Fort Worth, TX 76133 – (817) 292-6006 – View Map
• Peter Polinsky Insurance Agency
  8751 Camp Bowie W Blvd #124 – Fort Worth, TX 76116 – (817) 560-9400 – View Map
• Doc Jackson Insurance Agency
  3305 Miller Ave – Fort Worth, TX 76119 – (817) 535-5000 – View Map
• Allstate Insurance: Maria Amaya
  2252 Jacksboro Hwy – Fort Worth, TX 76114 – (817) 624-2438 – View Map

More insurance agents

Picking a provider needs to be determined by more than just a low price. These are some questions your agent should answer.

• Are you getting all the discounts the company offers?
• Which company do they place the most coverage with?
• Do they reduce claim amounts on high mileage vehicles?
• Is working in the agency their full-time job?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• How is replacement cost determined on your vehicle?
• When do they do policy reviews?
• Is there a 24/7 contact number?

Cheaper auto insurance is a realistic goal

There are still a few companies who may not have online price quotes and usually these regional insurance providers prefer to sell through local independent agencies. Lower-priced auto insurance in Fort Worth can be found both online and with local Fort Worth insurance agents, and you should be comparing both in order to have the best price selection to choose from.

We’ve covered some good ideas how you can save on Porsche 911 insurance in Fort Worth. It’s most important to understand that the more price quotes you have, the better your comparison will be. You may even discover the best prices are with a small local company.

While you’re price shopping online, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many instances, an accident victim reduced collision coverage and found out when filing a claim that the small savings ended up costing them much more. The aim is to get the best coverage possible at an affordable rate, but do not sacrifice coverage to save money.

Additional auto insurance information can be found at these links:

• Teen Driving Statistics (iihs.org)
• What Auto Insurance is Cheapest for a Chevrolet Traverse in Fort Worth? (FAQ)
• Who Has Affordable Fort Worth Car Insurance Rates for Infrequent Drivers? (FAQ)
• Who Has Cheap Car Insurance Rates for a Company Car in Fort Worth? (FAQ)
• Medical Payments Coverage (Liberty Mutual)
• Prepare your Teens for Safe Driving (InsureUonline.org)
• Teen Driving and Texting (State Farm)