Comparing Denver car insurance quotes online can be complicated if you are one of the millions of people new to online price quotes. But don’t throw in the towel because finding better prices for Porsche Cayenne insurance in Denver is easier than you think.
Regrettably, the vast majority of drivers have stayed with the same insurance company for over three years, and about 40% of consumers have never compared insurance rates at all. Most drivers in Colorado could save $600 a year, but most tend to underestimate the actual amount they would save if they switched to a more affordable policy.
You should make it a habit to do price comparisons once or twice a year because insurance prices fluctuate regularly. Just because you found the best deal on Porsche Cayenne insurance in Denver a few years ago you can probably find a better rate quote now. Don’t believe everything you read about Cayenne insurance on the web, but in just a couple of minutes you can learn the easiest ways to save money.
These tips will tell you how car insurance companies work and how to save the most money. If you have a current car insurance policy, you will surely be able to get lower rates using the concepts you’re about to learn. Nevertheless, Colorado drivers must comprehend the methods companies use to market insurance on the web because it varies considerably.
When comparison shopping, there are several ways to compare rate quotes from companies that offer insurance in Colorado. The easiest way to find cheaper Porsche Cayenne rates is to perform an online rate comparison.
When price shopping your coverage, comparing more rates from different companies gives you a better chance of getting a better price.
The companies in the list below offer price quotes in Denver, CO. If multiple companies are listed, we recommend you get prices from several of them to get a more complete price comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cayenne | $264 | $490 | $368 | $22 | $110 | $1,254 | $105 |
| Cayenne S | $444 | $822 | $358 | $22 | $108 | $1,754 | $146 |
| Cayenne GTS | $304 | $582 | $362 | $22 | $108 | $1,378 | $115 |
| Cayenne S Transyberia | $412 | $784 | $352 | $20 | $106 | $1,674 | $140 |
| Cayenne GTS PD Edition 3 | $406 | $796 | $362 | $22 | $108 | $1,694 | $141 |
| Cayenne Turbo | $412 | $856 | $330 | $20 | $98 | $1,716 | $143 |
| Cayenne Turbo S | $528 | $1162 | $456 | $28 | $136 | $2,310 | $193 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Information does not factor in Denver location which can increase or decrease insurance rates substantially.
Analysis of deductible levels
One common question asked by Denver drivers is how low should you set your deductibles. The premium rates below may help to conceptualize the cost difference when you choose different insurance deductibles. The first data table uses a $100 physical damage coverage deductible and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cayenne | $420 | $740 | $352 | $20 | $106 | $1,663 | $139 |
| Cayenne S | $458 | $838 | $352 | $20 | $106 | $1,799 | $150 |
| Cayenne GTS | $458 | $936 | $352 | $20 | $106 | $1,897 | $158 |
| Cayenne S Transyberia | $458 | $936 | $352 | $20 | $106 | $1,897 | $158 |
| Cayenne GTS PD Edition 3 | $496 | $1032 | $352 | $20 | $106 | $2,031 | $169 |
| Cayenne Turbo | $536 | $1032 | $352 | $20 | $106 | $2,071 | $173 |
| Cayenne Turbo S | $614 | $1228 | $352 | $20 | $106 | $2,345 | $195 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cayenne | $232 | $390 | $352 | $20 | $106 | $1,100 | $92 |
| Cayenne S | $254 | $442 | $352 | $20 | $106 | $1,174 | $98 |
| Cayenne GTS | $254 | $492 | $352 | $20 | $106 | $1,224 | $102 |
| Cayenne S Transyberia | $254 | $492 | $352 | $20 | $106 | $1,224 | $102 |
| Cayenne GTS PD Edition 3 | $276 | $544 | $352 | $20 | $106 | $1,298 | $108 |
| Cayenne Turbo | $298 | $544 | $352 | $20 | $106 | $1,320 | $110 |
| Cayenne Turbo S | $340 | $646 | $352 | $20 | $106 | $1,464 | $122 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Premium costs do not factor in specific location which can raise or lower premium rates greatly.
Using the premium rates above, we can conclude that using a $100 deductible could cost the average driver approximately $58 more each month or $696 every year than opting for the higher $1,000 deductible. Since you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go at least 16 months between claim filings, you would probably come out ahead going with the higher deductible.
Insurance is not optional but you don’t have to overpay
Even though Denver Cayenne insurance rates can get expensive, buying insurance may be mandatory for several reasons.
- Most states have compulsory liability insurance requirements which means the state requires a specific minimum amount of liability coverage in order to drive the car legally. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If you have a lien on your Cayenne, most lenders will make it mandatory that you have physical damage coverage to protect their interest in the vehicle. If you let the policy lapse, the lender may have to buy a policy to insure your Porsche at a significantly higher premium and require you to reimburse them the higher premium.
- Insurance safeguards both your car and your personal assets. It will also reimburse you for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. As part of your policy, liability insurance also pays expenses related to your legal defense if you cause an accident and are sued. If damage is caused by hail or an accident, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.
The benefits of having insurance more than cancel out the cost, particularly for liability claims. According to a recent study, the average American driver overpays more than $865 each year so it’s important to compare rates every year to help ensure money is not being wasted.
Are you falling for claims of savings?
Insurance companies such as 21st Century, Allstate and State Farm seem to constantly run ads on television and other media. They all seem to make the point about how much you will save if you just switch your insurance policy to them. How is it plausible that every one can cost less than your current company? It’s all in how they say it.
Many companies have specific criteria for the driver that earns them the most money. One example of this type of driver may need to be over the age of 50, has a clean driving record, and the vehicle is rated for pleasure use. Anybody that matches those criteria receive the lowest rate quotes in Denver and have a good chance to save when switching.
Drivers who do not match this stringent profile may be required to pay higher rates and the customer not buying. If you listen closely, the ads state “drivers that switch” not “all people who quote” save that much. That is how companies can advertise the savings.
This emphasizes why you need to compare quotes as often as possible. It’s just not possible to know which company will give you lower prices than your current company.
Take policy discounts and save on Porsche Cayenne insurance in Denver
Auto insurance companies don’t always list their entire list of discounts in a way that’s easy to find, so the following list contains some of the best known and also the more inconspicuous credits that may apply to you.
- Low Mileage Discounts – Low annual miles can earn lower prices due to less chance of an accident.
- Memberships – Having an affiliation with a professional or civic organization is a good way to get lower rates on your next renewal.
- E-sign Discounts – A few car insurance companies will give a small break for buying your policy on your computer.
- Student in College – Children who are enrolled in higher education away from home and won’t have access to an insured vehicle can receive lower rates.
- Passive Restraint Discount – Vehicles with factory air bags or automatic seat belts may get savings of up to 25% or more.
- Payment Method – By paying your policy upfront rather than spreading payments over time you could save up to 5%.
- Multiple Cars – Buying a policy with multiple vehicles on the same car insurance policy qualifies for this discount.
- Good Driver Discount – Safe drivers may save up to 50% more than less cautious drivers.
Please keep in mind that most discount credits are not given to the entire policy premium. The majority will only reduce individual premiums such as liability and collision coverage. So even though it sounds like you can get free auto insurance, companies wouldn’t make money that way.
The best car insurance companies and a summarized list of policyholder discounts are outlined below.
- State Farm may offer discounts for student away at school, good student, good driver, safe vehicle, and Drive Safe & Save.
- Farmers Insurance offers premium reductions for pay in full, early shopping, alternative fuel, homeowner, and bundle discounts.
- Progressive may have discounts that include homeowner, online signing, multi-policy, multi-vehicle, and continuous coverage.
- GEICO offers discounts including military active duty, five-year accident-free, daytime running lights, membership and employees, good student, and anti-lock brakes.
- Auto-Owners Insurance offers discounts for safe vehicle, multi-policy, teen driver, paperless, safe driver, and anti-theft.
- The Hartford may include discounts for driver training, defensive driver, air bag, good student, vehicle fuel type, anti-theft, and bundle.
- Farm Bureau discounts include youthful driver, safe driver, 55 and retired, renewal discount, driver training, good student, and multi-vehicle.
- USAA has discounts for multi-policy, annual mileage, safe driver, driver training, new vehicle, family discount, and good student.
Before purchasing a policy, check with each company how you can save money. Some of the earlier mentioned discounts might not be offered in your area. To see a list of companies that offer the discounts shown above in Denver, follow this link.
When should I have guidance from an insurance agency?
Certain consumers still prefer to get advice from a local agent and that can be a great decision The best thing about price shopping on the web is you may find the lowest rates and still have an agent to talk to. Buying from local insurance agents is especially important in Denver.
After filling out this short form, your insurance data gets sent to insurance agents in Denver that can provide free Denver car insurance quotes to get your business. You don’t have to contact any agents since price quotes are sent to you directly. You can find lower rates AND an agent nearby. If you have a need to get a price quote from a specific company, don’t hesitate to search and find their rate quote page and submit a quote form there.
Pick the best auto insurance agent in Denver for you
If you’re trying to find a reliable insurance agent, you need to know there are two types of agencies and how they are distinctly different. Car insurance agents may be either independent or exclusive.
Independent Car Insurance Agents
Independent insurance agents often have many company appointments and that enables them to quote your coverage through many companies and get you the best rates possible. If you are not satisfied with one company, your agent can switch companies and you won’t have to switch agencies. When shopping rates, we recommend you compare quotes from a couple of independent agencies so that you have a good selection of quotes to compare. Most can insure with lesser-known insurance companies which can be an advantage.
Featured below are Denver independent agents that may be able to provide free car insurance quotes.
- Gonzalez Insurance Agency
6450 E Colfax Ave – Denver, CO 80220 – (303) 320-4901 – View Map - Henry Ham Agency, Inc
645 E Evans Ave – Denver, CO 80210 – (303) 744-1341 – View Map - L A Insurance
2684 S Broadway – Denver, CO 80210 – (303) 282-8000 – View Map
Exclusive Car Insurance Agents
Exclusive agencies can only quote rates from one company like Farmers Insurance, Allstate, or State Farm. They usually cannot compare other company’s rates so always compare other rates. They receive a lot of sales training on what they offer which can be an advantage. Many people choose to use an exclusive agent partially due to the brand name instead of buying on price only.
The following are exclusive insurance agents in Denver that are able to give comparison quotes.
- Farmers Insurance – Greg Delgado
2839 Wyandot St – Denver, CO 80211 – (720) 588-4111 – View Map - American Family Insurance – Abbie Davis Tanner Agency Inc
2855 Speer Blvd Suite D – Denver, CO 80211 – (303) 333-0205 – View Map - Beth Bales – State Farm Insurance Agent
3650 S Yosemite St #408 – Denver, CO 80237 – (303) 993-2727 – View Map
Finding the right auto insurance agent needs to be determined by more than just a cheap quote. A good agent in Denver will have answers to these questions.
- Is the agent and/or agency licensed to do business in Colorado?
- Are they able to influence company decisions when a claim is filed?
- What is the financial rating for the quoted company?
- How long has the business existed?
- Is assistance available after office hours?
- Do they specialize in personal lines auto insurance in Denver?
- Do they feel the quoted coverages are adequate?
Special considerations
Always keep in mind that when comparing coverage for your vehicles, there really isn’t a single plan that fits everyone. Everyone’s situation is unique.
For example, these questions may help highlight if you may require specific advice.
- What exactly is covered by my policy?
- When does my teenage driver need to be added to my policy?
- What is an adequate liability insurance limit?
- Am I covered if hit by an uninsured driver?
- Is my vehicle covered by my employer’s policy when using it for work?
- How much liability do I need to cover my assets?
- What is GAP insurance?
If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find an agent in your area, complete this form.
Cheaper car insurance premiums are possible
Drivers change insurance companies for a number of reasons such as high prices, lack of trust in their agent, policy non-renewal and even an unsatisfactory settlement offer. Regardless of your reason, finding a new company is not as difficult as it may seem.
The cheapest Porsche Cayenne insurance in Denver is definitely available on the web in addition to many Denver insurance agents, so you should compare both to have the best chance of lowering rates. There are still a few companies who may not offer online price quotes and most of the time these regional insurance providers work with local independent agencies.
Throughout this article, we presented a lot of tips how to find lower-cost Porsche Cayenne insurance in Denver. It’s most important to understand that the more companies you get premium rates for, the more likely it is that you will get a better rate. Drivers may even discover the lowest auto insurance rates come from a smaller regional carrier.
To read more, feel free to browse the resources below:
- Understanding Limits and Deductibles (Allstate)
- Who Has Cheap Auto Insurance Quotes for a Nissan Sentra in Denver? (FAQ)
- Who Has Affordable Denver Auto Insurance Rates for State Employees? (FAQ)
- Who Has the Cheapest Car Insurance Rates for 19 Year Olds in Denver? (FAQ)
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- Car Insurance FAQ (Trusted Choice)
- Alcohol Impaired Driving FAQ (iihs.org)
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)