Affordable Porsche Cayenne Insurance in Boston

Really, the only way to find low-cost prices for Porsche Cayenne insurance is to start comparing rates regularly from companies in Boston.

1. Gain an understanding of auto insurance and the steps you can take to lower rates. Many factors that result in higher prices such as getting speeding tickets and an unacceptable credit history can be rectified by making small lifestyle or driving habit changes. This article provides more ideas to find cheap prices and find discounts that may have been missed.
2. Request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only quote rates from a single company like GEICO or Farmers Insurance, while independent agents can provide prices from multiple companies.
3. Compare the new rates to your current policy premium and determine if cheaper Cayenne coverage is available. If you find a better price and buy the policy, make sure coverage does not lapse between policies.

One key aspect of rate comparisons is that you’ll want to make sure you compare identical deductibles and limits on each quote request and and to get price quotes from all possible companies. Doing this enables a fair price comparison and a complete rate analysis.

It’s well known that auto insurance companies don’t want customers comparing rates. Drivers who compare other rates are very likely to buy a new policy because the odds are good of finding better rates. A recent survey found that people who compared prices once a year saved as much as $3,450 over four years compared to policyholders who never compared rates.

If saving the most money on Porsche Cayenne insurance in Boston is your goal, learning how to quote prices and compare insurance rates can help you succeed in saving money.

Companies offering Porsche Cayenne insurance in Massachusetts

The companies shown below are our best choices to provide free quotes in Boston, MA. If your goal is to find cheap car insurance in Boston, we recommend you visit several of them in order to find the most competitive rates.

Rates and data analysis

The premium information shown next showcases different coverage costs for Porsche Cayenne models. Learning more about how rate quotes are calculated is important for making smart buying decisions.

Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Massachusetts minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Rate quotes do not factor in specific zip code location which can modify coverage rates considerably.

Can higher deductibles save money?

One common question asked by Boston drivers is how high should your deductibles be. The comparison tables below may help to conceptualize the rate fluctuation between low and high deductibles. The first data table uses a $250 physical damage deductible and the second price table uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Massachusetts minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Prices do not factor in specific zip code location which can lower or raise coverage prices significantly.

We can estimate from the data above that using a $250 deductible costs an average of $39 more each month or $468 every year averaged for all Cayenne models than opting for the higher $1,000 deductible. Since you would pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have at least 19 months between claims, you would save money if you opt for a higher deductible.

An important sidenote is that a higher deductible means you will have to pay more of your own money when you have a physical damage claim. That will require some non-essential savings in order to pay the higher deductible.

Impact of violations and accidents on rates in Boston

The illustration below illustrates how violations and accident claims influence Porsche Cayenne insurance costs for each age group. The premiums assume a single female driver, full coverage, $250 deductibles, and no additional discounts are factored in.

Auto insurance rates based on gender

The chart below illustrates the comparison of Porsche Cayenne car insurance rates for male and female drivers. The premiums assume no claims or driving violations, full coverage, $100 deductibles, drivers are single, and no discounts are factored in.

Liability only or full coverage

The chart below compares Porsche Cayenne car insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Massachusetts. The premiums are based on a clean driving record, no at-fault accidents, $500 deductibles, drivers are not married, and no discounts are factored in.

Guidelines for eliminating full coverage

There isn’t a written rule for eliminating physical damage coverage, but there is a guideline you can use. If the yearly cost of comp and collision coverage is about 10% or more of the settlement you would receive from your company, then you may need to consider dropping full coverage.

For example, let’s say your Porsche Cayenne replacement value is $6,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $5,000 after you pay the deductible. If premiums are more than $500 annually for full coverage, the it may be a good time to stop paying for full coverage.

There are some situations where only buying liability is not advised. If you still owe a portion of the original loan, you are required to maintain full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should keep full coverage in place.

Get cheaper rates with discounts

Insurance can be prohibitively expensive, but there are discounts available to help offset the cost. Many discounts should be triggered when you purchase, but occasionally some discounts must be inquired about prior to getting the savings. If you do not check that you are getting every discount possible, you are throwing money away.

• Student Discount for Driver Training – Cut your cost by having your teen driver successfully take a driver’s education course if offered at their school.
• Good Student Discount – Maintaining excellent grades can earn a discount of 20% or more. Many companies even apply the discount to college students well after school through age 25.
• Passenger Safety Discount – Vehicles equipped with air bags can get savings of 25 to 30%.
• Life Insurance – Some companies give a discount if you purchase life insurance from them.
• Distant Student Discount – Youth drivers who live away from home at college and do not have access to a covered vehicle could get you a discount.

Just know that most of the big mark downs will not be given to your bottom line cost. Most only cut specific coverage prices like collision or personal injury protection. So even though it sounds like having all the discounts means you get insurance for free, nobody gets a free ride. Any qualifying discounts will bring down the premium cost.

The example below illustrates the difference between Porsche Cayenne yearly insurance costs with and without discounts applied to the policy rates. The premiums are based on a male driver, no claims or violations, Massachusetts state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, claim-free, multi-car, marriage, and multi-policy discounts applied.

To see a list of providers that have a full spectrum of discounts in Massachusetts, follow this link.

Porsche Cayenne Insurance Prices Can Be Reduced

Many different elements are part of the equation when quoting car insurance. Some of the criteria are obvious like an MVR report, but others are more obscure like your vehicle usage or how safe your car is. The best way to find cheaper car insurance is to take a look at the rating factors that are used to determine your premiums. When consumers understand what determines base rates, this enables informed choices that may reward you with lower rates.

The list below includes some of the major factors that factor into premiums.

• Discounts for married drivers – Walking down the aisle may cut your premiums on car insurance. Having a spouse generally demonstrates drivers are more financially stable and statistics prove married couples file fewer claims.
• Big city or small town – Being located in smaller towns and rural areas of the country can be a good thing when trying to find low car insurance rates. Urban drivers have congested traffic and higher rates of accident claims. Less people living in that area means fewer accidents.

• Is your car, truck or SUV built for speed? – The make and model of the car, truck or SUV you need to insure makes a significant difference in your rates. The best insurance prices are usually for lower performance four cylinder passenger cars, but the cost you end up paying is determined by many additional factors.

  The data below uses these variables: married male driver age 50, full coverage with $500 deductibles, and no discounts or violations. The chart compares Porsche Cayenne policy rates compared to other makes and models that have different performances.

• Do you know your deductibles? – Coverage for physical damage, also known as collision and other-than-collision, is used to repair damage to your vehicle. A few examples of covered claims would be a broken windshield, hitting a deer, or theft. Comprehensive and collision coverage deductibles state the amount of money the insured will be required to pay if a covered claim is submitted. The more expense you have to pay, the bigger discount you will receive.
• Reserve policy claims for larger damages – If you’re an insured who likes to file claims you should expect higher rates. Companies in Massachusetts generally give the lowest premiums to insureds who file claims infrequently. Your insurance policy is intended to be relied upon for claims that you cannot pay yourself.
• Pay less with a high safety rating – Safe vehicles tend to be cheaper to insure. Highly rated vehicles reduce the chance of injuries and lower injury rates translates directly to fewer claims and lower rates for you. If your Porsche Cayenne is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.

• Porsche Cayenne insurance loss data – Car insurance companies include the past claim history for a vehicle to help calculate premium rates. Models that historically have higher frequency or amount of claims will be charged more to insure.

  The data below shows the historical loss data for Porsche Cayenne vehicles. For each policy coverage, the claim amount for all vehicles as a whole is a value of 100. Values under 100 suggest a positive loss record, while numbers shown that are more than 100 point to more claims or statistically larger claims.

  
  

  Car Insurance Loss Data for Porsche Cayenne Models

  Specific Porsche Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Porsche Cayenne 4dr 4WD	176	100	138	58	53	77
  Porsche Cayenne Hybrid 4dr 4WD	119

  BETTER

  AVERAGE

  WORSE

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

How do I know if I need professional advice?

When it comes to adequate coverage, there is no perfect coverage plan. Everyone’s situation is unique.

For instance, these questions might point out whether you will benefit from professional help.

• Is other people’s property covered if stolen from my vehicle?
• Are combined or split liability limits better?
• Do I need more liability coverage?
• Does my liability insurance cover pulling a trailer or camper?
• If my pet gets injured in an accident are they covered?
• Which companies will insure me after a DUI?
• When does my teenage driver need to be added to my policy?
• Can I get a multi-policy discount?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form. It is quick, free and can help protect your family.

What if I want to buy from local Boston car insurance agents?

Some consumers still prefer to buy from a licensed agent. Good insurance agents can point out coverage gaps and give you someone to call. The best thing about comparing rates online is that you can obtain cheap rate quotes but still work with a licensed agent. Buying from and supporting local insurance agencies is important particularly in Boston.

For easy comparison, once you complete this short form, your insurance coverage information gets sent to local insurance agents that give free quotes for your business. It’s much easier because you don’t need to find an agent since rate quotes are delivered to you instantly. In the event you want to compare prices for a specific company, don’t hesitate to find their quoting web page and complete a quote there.

Two different types of car insurance agents

If you are searching for a local agent, you must know there are a couple types of agencies and how they differ in how they can insure your vehicles. Insurance agents in Boston are considered either exclusive agents or independent agents. Either type can write insurance policies, but it’s a good idea to understand the difference between them since it could factor into buying decisions.

Independent Insurance Agencies or Brokers

Agents that choose to be independent do not sell for just one brand and that gives them the ability to insure through lots of different companies and get the cheapest rates. To transfer your coverage to a different company, they simply move your policy to a different company which makes it simple for you.

When comparing rates, we recommend you compare prices from multiple independent agents to have the best price comparison. Most independent agents also contract with smaller mutual companies that many times have cheaper rates.

Shown below is a list of independent agents in Boston that may be able to give price quotes.

• H. Levenbaum Insurance Agency
  1534 Dorchester Ave – Dorchester, MA 02122 – (617) 825-3900 – View Map
• Massamont Insurance Agency Inc
  280 Summer St – Boston, MA 02210 – (617) 478-5205 – View Map
• Security Insurance Agency, Inc
  313 Washington St – Brookline, MA 02445 – (617) 739-2886 – View Map

View more agents

Exclusive Agencies

These type of agents generally can only insure with one company such as Farmers Insurance, American Family, State Farm and Allstate. They are unable to give you multiple price quotes so they are skilled at selling on more than just price. These agents are well trained in insurance sales which helps them sell insurance even at higher premiums. Drivers often buy from the same agent for years mainly due to the brand name and the convenience of having all coverages with one company.

Listed below is a list of exclusive insurance agencies in Boston that are able to give rate quotes.

• AAA Boston
  125 High St – Boston, MA 02110 – (617) 443-9300 – View Map
• Allstate Insurance: Abner Joseph
  571 Dudley St Ste A – Boston, MA 02125 – (617) 442-9490 – View Map

View more agents

Choosing a car insurance agent should include more criteria than just the price. Below are some questions you should ask.

• Does the agent help file claims?
• Will their companies depreciate repairs to your car based on the mileage?
• Do they offer accident forgiveness?
• Which family members are covered?
• Does the agent have a valid license to sell insurance in Massachusetts?

Compare but don’t skimp

Insureds change insurance companies for a variety of reasons including questionable increases in premium, denial of a claim, high prices or poor customer service. Regardless of your reason for switching companies, choosing a new insurance company can be less work than you think.

As you prepare to switch companies, it’s not a good idea to reduce coverage to reduce premium. There are a lot of situations where an insured cut comprehensive coverage or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your focus should be to purchase a proper amount of coverage at the lowest possible cost while still protecting your assets.

Cheap Porsche Cayenne insurance in Boston can be sourced online as well as from insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. There are still a few companies who may not offer online price quotes and usually these regional insurance providers only sell through independent insurance agencies.

More detailed car insurance information is available at these sites:

• Young Drivers: The High Risk Years Video (iihs.org)
• What Car Insurance is Cheapest for Good Drivers in Boston? (FAQ)
• What Car Insurance is Cheapest for Real Estate Agents in Boston? (FAQ)
• What Car Insurance is Cheapest for Veterans in Boston? (FAQ)
• Uninsured Motorists: Threats on the Road (Insurance Information Institute)
• Teen Driver Licensing Information (iihs.org)
• Auto Insurance Basics (Insurance Information Institute)