Wish you could get a refund on an expensive insurance policy? Believe me, many Denver drivers have buyer’s remorse.
It’s astonishing, but over 70% of consumers have remained with the same insurance company for well over three years, and nearly the majority have never taken the time to shop around. Many consumers in Denver could save up to 35% each year, but they just don’t understand the actual amount they would save if they replace their high priced policy.
There is such a variety of insurance companies to insure vehicles with, and even though it’s nice to have a selection, so many choices can make it hard to compare company pricing for Porsche 911 insurance in Denver.
Consumers need to shop coverage around every six months since prices go up and down regularly. Just because you had the best rate on Porsche 911 insurance in Denver a couple years back you will most likely find a better premium rate today. There is a lot of bad information regarding 911 insurance online, but by reading this article, you’re going to learn some solid techniques on how to put money back in your pocket.
Locating the best rates in Denver is actually quite simple. Essentially anyone who quotes auto insurance will probably buy a cheaper policy. But Colorado vehicle owners must learn how the larger insurance companies calculate your policy premium because rates are impacted by many factors.
These seven discounts can cut Porsche 911 insurance rates
Not too many consumers would say insurance is affordable, but you may find discounts that can drop the cost substantially. Some discounts apply automatically when you purchase, but less common discounts must be specifically requested prior to getting the savings.
- Service Members Pay Less – Having an actively deployed family member could be rewarded with lower prices.
- Passenger Safety Discount – Factory air bags or motorized seat belts may qualify for discounts as much as 30%.
- 55 and Retired – Older drivers may qualify for lower premium rates.
- Professional Organizations – Being a member of a civic or occupational organization in Denver could trigger savings on your bill.
- Low Mileage Discounts – Low annual miles can qualify you for slightly better prices than normal.
- Multi-line Discount – Some insurance carriers give a discount if you purchase life insurance.
- Accident Forgiveness Coverage – Not a discount per se, but a handful of insurance companies will allow you to have one accident before they charge you more for coverage so long as you are claim-free for a set time period.
A little note about advertised discounts, some of the credits will not apply to the whole policy. Most cut the price of certain insurance coverages like medical payments or collision. So even though they make it sound like you can get free auto insurance, it’s just not the way it works. But all discounts will help reduce the premium cost.
Large insurance companies and a selection of discounts are detailed below.
- Progressive offers discounts including good student, continuous coverage, multi-policy, online quote discount, multi-vehicle, and homeowner.
- The Hartford may have discounts that include defensive driver, anti-theft, good student, air bag, driver training, and bundle.
- Mercury Insurance includes discounts for location of vehicle, professional/association, type of vehicle, multi-car, and anti-theft.
- GEICO has savings for air bags, multi-policy, good student, daytime running lights, defensive driver, anti-lock brakes, and five-year accident-free.
- AAA may include discounts for pay-in-full, multi-car, AAA membership discount, good student, education and occupation, multi-policy, and anti-theft.
- State Farm discounts include student away at school, defensive driving training, anti-theft, Steer Clear safe driver discount, passive restraint, and driver’s education.
Double check with all the companies to apply every possible discount. Some discounts listed above may not apply to policyholders in every state. If you would like to view insurers who offer online Porsche 911 insurance quotes in Colorado, click this link.
Affordable Denver Porsche 911 insurance quotes online
When price shopping your coverage, getting more free quotes helps locate a lower rate than you’re paying now.
The following companies can provide price comparisons in Denver, CO. If the list has multiple companies, we recommend you compare several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|911 Carrera 2 2-Dr Coupe||$218||$534||$396||$24||$118||$1,290||$108|
|911 Carrera 4 2-Dr Coupe||$438||$994||$426||$26||$128||$2,012||$168|
|911 Carrera 2 Cabriolet 2-Dr Convertible||$482||$1012||$304||$18||$92||$1,908||$159|
|911 Carrera 2 S 2-Dr Coupe||$384||$848||$368||$22||$110||$1,732||$144|
|911 Carrera 4 Cabriolet 2-Dr Convertible||$250||$500||$308||$18||$92||$1,168||$97|
|911 Carrera 4S 2-Dr Coupe||$428||$1164||$396||$24||$118||$2,130||$178|
|911 Carrera Targa 2-Dr Coupe||$250||$548||$362||$22||$108||$1,290||$108|
|911 Carrera 2 S 2-Dr Convertible||$238||$584||$338||$20||$102||$1,282||$107|
|911 Carrera 4S Cabriolet 2-Dr Convertible||$370||$718||$280||$16||$84||$1,468||$122|
|911 Carrera Targa S 2-Dr Coupe||$298||$596||$352||$20||$106||$1,372||$114|
|911 GT3 2-Dr Coupe||$336||$854||$396||$24||$118||$1,728||$144|
|911 GT3 RS 2-Dr Coupe||$434||$876||$358||$22||$108||$1,798||$150|
|911 Turbo 2-Dr Coupe||$330||$684||$358||$22||$108||$1,502||$125|
|911 Turbo 2-Dr Convertible||$292||$734||$314||$18||$94||$1,452||$121|
|Get Your Own Custom Quote Go|
Cost estimates assume married female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Premium costs do not factor in vehicle garaging location which can revise premium rates significantly.
How high should deductibles be?
The diagram below illustrates how choosing a deductible and can influence Porsche 911 insurance costs for each age group. The data is based on a single male driver, comp and collision included, and no discounts are taken into consideration.
How violations and accidents impact rates
The information below shows how traffic citations and at-fault accidents impact Porsche 911 car insurance rates for different ages of insureds. The prices are based on a single female driver, comp and collision included, $500 deductibles, and no additional discounts are factored in.
When quoting and comparing coverage, there really isn’t a cookie cutter policy. Your needs are unique to you so your insurance should reflect that
Here are some questions about coverages that can help discover if your insurance needs might need an agent’s assistance.
- Is my custom stereo system covered?
- Who is covered when they drive my Porsche 911?
- How does medical payments coverage work?
- Can good grades get a discount?
- Is my camper covered for physical damage?
- Are my friends covered when driving my car?
- If my Porsche 911 is totaled, can I afford another vehicle?
If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.
When should I have guidance from an insurance agency?
A lot of people just prefer to sit down and talk to an agent and that can be a great decision A nice benefit of getting online price quotes is you may find the best rates and still have a local agent.
For easy comparison, once you complete this form (opens in new window), the quote information is immediately sent to participating agents in Denver who will return price quotes and help you find cheaper coverage. You don’t have to do any legwork as quotes are delivered directly to you. Get lower rates and work with a local agent. If you need to get a price quote from a specific insurance company, you would need to jump over to their website to submit a rate quote request.
Deciding on a provider shouldn’t rely on just the quoted price. These are some valid questions you should ask.
- How long has their agency been open in Denver?
- Do they have 24-hour customer assistance?
- Will one accident increase rates?
- Are there any discounts that you might be missing?
- Is there a Errors and Omissions policy in force?
- Is every driver in your family covered?
- Is the agent CPCU or CIC certified?
- Is working in the agency their full-time job?
If you want to buy car insurance from a local agent, you need to know there are two different agency structures and how they can quote your rates. Denver agents are categorized either independent (non-exclusive) or exclusive.
Agents of this type normally can only provide a single company’s rates and examples are Farmers Insurance, State Farm, or Allstate. They are unable to shop your coverage around so they have no alternatives for high prices. These agents are usually well trained on what they offer which helps them sell insurance even at higher premiums.
Shown below are exclusive agents in Denver willing to provide rate quotes.
Independent Car Insurance Agencies
Agents in the independent channel are not limited to a single company and that gives them the ability to insure with an assortment of companies and potentially find a lower price. If they find a lower price, they simply switch companies in-house and the insured can keep the same agent.
When comparing car insurance prices, we highly recommend that you get several quotes from several independent insurance agents to get the most accurate price comparison.
Listed below are independent insurance agencies in Denver who can help you get comparison quotes.
Once you have received acceptable answers to these questions and an acceptable price quote, it’s a good possibility that you have found a car insurance agent that is a good match to insure your vehicles. Just be aware that you can cancel a policy when you choose so never feel that you’re stuck with your new company for the full policy term.
Insurance coverages 101
Understanding the coverages of insurance can be of help when determining appropriate coverage for your vehicles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages available from insurance companies.
Medical payments coverage and PIP
Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like surgery, nursing services and X-ray expenses. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
Liability car insurance
Liability insurance will cover injuries or damage you cause to other’s property or people that is your fault. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 25/50/15 that translate to a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and $15,000 of coverage for damaged property.
Liability coverage protects against claims such as court costs, attorney fees, loss of income and legal defense fees. The amount of liability coverage you purchase is a decision to put some thought into, but buy higher limits if possible. Colorado requires drivers to carry at least 25/50/15 but you should think about purchasing more liability than the minimum.
Uninsured/Underinsured Motorist coverage
This coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as your vehicle’s damage.
Since a lot of drivers only carry the minimum required liability limits (which is 25/50/15), their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.
Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things like vandalism, hitting a bird and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.
Collision coverage protection
This coverage will pay to fix damage to your 911 from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things such as scraping a guard rail, crashing into a ditch, crashing into a building, colliding with a tree and rolling your car. This coverage can be expensive, so consider removing coverage from lower value vehicles. It’s also possible to increase the deductible on your 911 to save money on collision insurance.
Cheap insurance rates are out there
When shopping online for insurance, it’s very important that you do not reduce needed coverages to save money. There have been many situations where someone sacrificed full coverage only to regret that saving that couple of dollars actually costed them tens of thousands. The goal is to buy enough coverage at the best cost while still protecting your assets.
You just learned many tips how you can save on Porsche 911 insurance in Denver. It’s most important to understand that the more providers you compare, the better your comparison will be. Consumers may even find the lowest priced insurance comes from a small mutual company. Regional companies may cover specific market segments cheaper as compared to the big name companies such as GEICO and State Farm.
- Safe Vehicles for Teens (iihs.org)
- Who Has Affordable Denver Car Insurance with Multiple Speeding Tickets? (FAQ)
- Who Has Cheap Denver Car Insurance Quotes for Used Cars? (FAQ)
- Where can I buy Insurance? (Insurance Information Institute)
- What Does No-Fault Insurance Cover? (Allstate)