Car Insurance Quotes for a Porsche Boxster in Santa Ana

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Would you like to save money by finding more competitive car insurance rates in Santa Ana, CA? Santa Ana shoppers have a choice when shopping for the lowest priced Porsche Boxster insurance. You can either waste hours struggling with agents trying to get quotes or use the internet to find the lowest rates.

There is a better way to buy car insurance and we'll show you the best way to compare rates for your Porsche and find the cheapest rates from Santa Ana insurance agents and online providers.

Discount Porsche Boxster insuranceIt goes without saying that car insurance companies don't want their customers to go rate shopping. Consumers who rate shop once a year will probably move their business because there is a high probability of finding coverage at a more affordable price. A recent car insurance study revealed that people who routinely compared rates saved approximately $70 a month compared to policyholders who don't make a habit of comparing rates.

If finding the lowest price for insurance in Santa Ana is why you're here, then learning a little about how to quote prices and compare coverages can save time and make the process easier.

It's a good idea to compare premium rates periodically because prices fluctuate regularly. If you had the lowest rates on Porsche Boxster insurance in Santa Ana a couple years back there is a good chance you can find better premium rates now. There is a lot of bad information regarding Boxster insurance on the web, but I'm going to show you some great ways to put money back in your pocket.

Our objective in writing this article is to tell you how to effectively get price quotes and also save some money in the process If you have a current insurance policy, you should be able to find the best rates using the following tips. Consumers just have to know the most efficient way to get comparison rates using one simple form.

The companies in the list below are our best choices to provide price comparisons in California. If multiple companies are shown, we recommend you visit several of them in order to get a fair rate comparison.

Coverage analysis

The coverage table displayed below covers estimates of coverage prices for Porsche Boxster models. Having a better idea how insurance policy premiums are formulated can assist in making informed decisions.

Porsche Boxster Insurance Rates in Santa Ana, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Boxster 2-Dr Convertible $206 $418 $360 $22 $108 $1,114 $93
Boxster S 2-Dr Convertible $228 $472 $360 $22 $108 $1,190 $99
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Data variables include married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Table data does not factor in vehicle garaging location which can change premiums noticeably.

Males versus Females

The example below visualizes the comparison of Porsche Boxster annual premium costs for male and female drivers. The premium estimates are based on a clean driving record, no at-fault accidents, full physical damage coverage, $100 deductibles, single status, and no discounts are applied.

Does it make sense to buy full coverage?

The information below shows the comparison of Porsche Boxster car insurance costs when comparing full coverage to state minimum liability only. The premium estimates are based on no accidents, no driving violations, $1,000 deductibles, single status, and no discounts are factored in.

Are you wasting money paying for full coverage?

There is no definitive rule to stop buying physical damage coverage on your policy, but there is a broad guideline. If the yearly cost of full coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.

For example, let's say your Porsche Boxster claim settlement value is $4,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $3,000 after paying your policy deductible. If it's costing you more than $300 annually for comprehensive and collision coverage, then you might consider buying liability only.

There are some cases where eliminating full coverage is not advised. If you haven't paid off your loan, you have to keep full coverage as part of the loan conditions. Also, if you can't afford to buy a different vehicle if your current one is in an accident, you should keep full coverage.

Buying the right vehicle insurance in California is an important decision

Even though it can be expensive, buying auto insurance is not optional due to several reasons.

  • Most states have minimum liability requirements which means it is punishable by state law to not carry a minimum amount of liability coverage in order to license the vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
  • If you bought your Porsche with a loan, most banks will make it a condition of the loan that you carry insurance to ensure they get paid if you total the vehicle. If you cancel or allow the policy to lapse, the bank may insure your Porsche for a much higher rate and require you to pay much more than you were paying before.
  • Auto insurance preserves not only your Porsche Boxster but also your assets. It will also pay for medical bills for not only you but also any passengers injured in an accident. Liability coverage, the one required by state law, also pays for attorney fees and expenses if you are sued as the result of your driving. If you have damage to your Porsche as the result of the weather or an accident, comprehensive and collision coverage will pay to repair the damage.

The benefits of carrying enough insurance more than cancel out the cost, especially when you need to use it. But the average American driver is wasting up to $810 a year so you should quote and compare rates at least once a year to be sure current rates are still competitive.

Buy Porsche Boxster Insurance at a Discount

The best way to find cheaper car insurance is to take a look at the different types of things that aid in calculating your premiums. If you understand what determines base rates, this helps enable you to make changes that can earn you lower premium levels. Lots of things are used in the calculation when you get your auto insurance bill. Some factors are common sense like an MVR report, but others are not quite as obvious such as your marital status or how financially stable you are.

The items below are some of the most rate-impacting factors utilized by car insurance companies to help set your premiums.

  • No car insurance claims equals cheaper rates - If you are a frequent claim filer, you can definitely plan on either higher rates or even cancellation. Auto insurance companies in California give the best rates to people who are claim-free. Your insurance policy is intended for claims that you cannot pay yourself.
  • Liability coverage is critical - Liability coverage provides coverage if ever you are ruled to be at fault for personal injury or accident damage. Liability insurance provides legal defense coverage which can be incredibly expensive. Liability is cheap when compared to the cost of physical damage coverage, so do not cut corners here.

  • More performance means more cost - The performance level of the car you are insuring makes a significant difference in determining your rates. The lowest premiums are generally reserved for smaller low performance passenger cars, but the final cost of insurance is determined by many other factors.

    The chart below assumes a single female driver age 20, full coverage with $100 deductibles, and no discounts or violations. It shows Porsche Boxster insurance premiums compared to other models of vehicles that have different performance rating factors.

  • Less chance of injury means lower rates - Vehicles with good safety scores tend to have lower insurance rates. Safer cars reduce injuries and lower rates of occupant injuries translates directly to fewer claims and more competitive rates for policyholders. If the Porsche Boxster is rated at least an "acceptable" rating on the Insurance Institute for Highway Safety website you may pay a lower rate.

  • How's your driving record? - Being a careful driver impacts premiums far more than you think. Having a single ticket may increase your cost by twenty percent. Drivers with clean records receive lower rates than people who have multiple driving citations. Drivers who have severe tickets like hit and run, DWI or reckless driving convictions may find they need to file a SR-22 to the state department of motor vehicles in order to prevent their license from being revoked.

    The information below highlights how traffic violations and at-fault accidents impact Porsche Boxster insurance premiums for different age groups. The data is based on a single male driver, comp and collision included, $100 deductibles, and no policy discounts are applied.

  • Porsche Boxster claim statistics - Insurers factor in historical loss data when they set coverage costs for each model. Models that are shown to have increased claim numbers or amounts will have higher rates. The table below outlines the insurance loss data for Porsche Boxster vehicles.

    For each coverage type, the claim probability for all vehicles, as an average, equals 100. Numbers under 100 are indicative of better than average losses, while numbers shown that are more than 100 indicate higher probability of having a loss or larger claims.

    Car Insurance Loss Data for Porsche Boxster Models
    Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
    Porsche Boxster Convertible 135 47 121 31
    BETTER
    AVERAGE
    WORSE

    Empty fields indicate not enough data collected
    Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

What is YOUR best insurance company?

Cheap Porsche Boxster insurance in Santa Ana can be found from both online companies as well as from insurance agents, so you should compare both to get a complete price analysis. Some insurance companies may not have price quotes online and these smaller providers sell through independent agents.

As you quote Santa Ana auto insurance, it's very important that you do not skimp on coverage in order to save money. Too many times, consumers will sacrifice collision coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to purchase plenty of coverage at a price you can afford.

You just learned a lot of tips how to find cheaper Porsche Boxster insurance in Santa Ana. It's most important to understand that the more rate comparisons you have, the better your chances of lowering your prices. You may even find the lowest premium rates come from a company that doesn't do a lot of advertising.

How to save on Porsche Boxster insurance in Santa Ana

If you want to save money, the best way to find affordable auto insurance rates is to start doing an annual price comparison from different companies in Santa Ana.

  1. Take a few minutes and learn about how companies set rates and the changes you can make to prevent expensive coverage. Many factors that result in higher rates like at-fault accidents, careless driving, and a less-than-favorable credit rating can be controlled by making minor driving habit or lifestyle changes.
  2. Quote rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give rate quotes from one company like Progressive or State Farm, while independent agents can provide price quotes from multiple companies.
  3. Compare the new quotes to your current policy and determine if cheaper Boxster coverage is available in Santa Ana. If you can save some money and make a switch, make sure coverage does not lapse between policies.
  4. Provide written notification to your current company of your decision to cancel your current coverage. Submit the required down payment along with the signed application for your new policy. Once the application is submitted, place the new proof of insurance certificate in an easily accessible location.

The most important part of shopping around is to make sure you enter the same amount of coverage on each price quote and and to get price quotes from as many companies as feasibly possible. Doing this enables a fair price comparison and maximum price selection.

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