Cheap Porsche Cayman Insurance in Oakland

If saving the most money is your goal, then the best way to find cheaper Porsche Cayman insurance in Oakland is to start doing a yearly price comparison from different companies who sell auto insurance in California. You can compare prices by following these guidelines.

One thing to remember is to make sure you enter identical coverages on each price quote and and to get rate quotes from as many companies as you can. This helps ensure an accurate price comparison and a complete rate analysis.

Discount Porsche Cayman insuranceAmazingly, nearly 70% of customers have remained with the same auto insurance company for more than four years, and nearly the majority have never taken the time to shop around. Many drivers in California could save themselves roughly 35% a year, but most just don’t grasp the actual amount they would save if they switched to a more affordable policy.

The auto insurance companies shown below have been selected to offer price comparisons in California. If you wish to find cheaper auto insurance in Oakland, we suggest you get prices from several of them to get the best price comparison.

Determine discounts on Oakland car insurance

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that can drop the cost substantially. A few discounts will be applied at the time of quoting, but a few must be asked for in order for you to get them.Cheaper car insurance with discounts

Keep in mind that most of the big mark downs will not be given to the entire cost. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though it sounds like you would end up receiving a 100% discount, you aren’t that lucky.

The chart below shows the difference between Porsche Cayman premium costs with and without discounts applied to the rates. Data assumes a male driver, no accidents or driving violations, California state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, homeowner, safe-driver, marriage, and claim-free discounts applied.

A few popular companies and a summarized list of policyholder discounts can be read below.

Check with every company which discounts can lower your rates. Depending on the company, some discounts may not be offered in your state. If you would like to see a list of companies with discount car insurance rates in Oakland, click here.

Analysis of coverages

The price information displayed below outlines different insurance policy prices for Porsche Cayman models. Being aware of how premiums are established can be useful when making smart choices when choosing a car insurance company.

Porsche Cayman Insurance Rates in Oakland, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cayman 2-Dr Coupe $454 $998 $574 $34 $172 $2,232 $186
Cayman S 2-Dr Coupe $454 $1114 $574 $34 $172 $2,348 $196
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Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Prices do not factor in specific location which can lower or raise premium rates significantly.

How high should deductibles be?

One of the hardest decisions when shopping for car insurance is the level to set your comp and collision deductibles. The rates below sum up the rate differences when you buy lower versus higher comp and collision deductibles. The first pricing table uses a $100 deductible for comp and collision and the second price table uses a $500 deductible.

Porsche Cayman insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cayman 2-Dr Coupe $528 $1054 $442 $26 $132 $2,207 $184
Cayman S 2-Dr Coupe $528 $1176 $442 $26 $132 $2,329 $194
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Porsche Cayman insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cayman 2-Dr Coupe $384 $712 $442 $26 $132 $1,696 $141
Cayman S 2-Dr Coupe $384 $794 $442 $26 $132 $1,778 $148
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Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Premium amounts do not factor in specific location which can revise insurance rates greatly.

We can estimate from the data above that using a $100 deductible will cost in the ballpark of $44 more each month or $528 each year across all Porsche Cayman models than buying the higher $500 deductible. Since you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you normally go at a minimum 9 months between claim filings, you would probably come out ahead if you choose a higher deductible.

The chart below demonstrates how deductible levels and can influence Porsche Cayman yearly insurance costs for different age groups. The rates are based on a single male driver, comp and collision included, and no discounts are applied to the premium.

Safe drivers Oakland pay cheaper rates

The information below shows how traffic citations and at-fault accidents increase Porsche Cayman auto insurance rates for different categories of driver ages. The price estimates are based on a married female driver, full coverage, $500 deductibles, and no additional discounts are factored in.

Local Oakland insurance agencies and auto insurance

Certain consumers would rather sit down and talk to an agent and often times that is recommended Good agents are trained to spot inefficiencies and help submit paperwork. A nice benefit of comparing insurance prices online is that you can obtain cheap rate quotes and also buy local.

Insurance agents in OaklandUpon completion of this simple form, your insurance coverage information gets sent to agents in your area that can give you free Oakland auto insurance quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to find an agent on your own since price quotes are sent directly to you. In the event you want to get a price quote for a specific company, just jump over to their website and fill out their quote form.

Selecting an insurer requires more thought than just a cheap price quote. A good agent in Oakland will have answers to these questions.

What insurance coverages do I need?

When quoting and choosing insurance from an agent or online for your personal vehicles, there is no perfect coverage plan. Your situation is unique.Drive safe and save

Here are some questions about coverages that might help in determining if your situation would benefit from an agent’s advice.

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and may give you better protection.

Components of Your Porsche Cayman Insurance Costs

One of the most helpful ways to save on insurance is to to have a grasp of the different types of things that help calculate your policy premiums. When consumers understand what influences your rates, this allows you to make educated decisions that can help you get big savings.

Put fewer miles on your vehicle – Driving a lot of miles each year the higher your rate. Almost all companies calculate rates partially by how you use the vehicle. Cars that are left in the garage receive lower rates than vehicles that have high annual mileage. Improper usage on your Cayman may be costing you higher rates. It’s a good idea to make sure your insurance policy is rated on the correct driver usage.

Prices may be higher where you live – Living in less populated areas of the country has it’s advantages when buying insurance. Residents of big cities have to deal with traffic congestion and higher rates of accident claims. Fewer drivers on the road means less chance of accidents in addition to fewer liability claims.

Older drivers are lower risk – Inexperience drivers tend to be inattentive when at the wheel of a vehicle so insurance rates are higher. More experienced drivers have been proven to be more responsible, file fewer claims, and are safer drivers.

The chart below uses these variables: single driver, full coverage with $250 deductibles, and no discounts or violations.

Extra coverages push up prices – Insurance companies have many add-on coverages that can waste your money on your insurance policy. Insurance for coverage for rental cars, high-cost glass coverage, and membership fees are probably not needed. These coverages may sound good at first, but if you don’t need them remove them and pocket the money.

High performance equals high rates – The performance of the car, truck or SUV you need insurance for makes a big difference in your premium level. The cheapest rates are for smaller low performance passenger cars, but other factors influence the final cost greatly.

The following chart assumes a married female driver age 20, full coverage with $250 deductibles, and no discounts or violations. It illustrates Porsche Cayman car insurance rates compared to other vehicles that have different performance risks.

Insurance losses for a Porsche Cayman – Companies use data from past claims to help calculate premium costs. Vehicles that have increased losses will cost more to insure. The data below shows the historical loss data for Porsche Cayman vehicles.

For each coverage category, the statistical loss for all vehicles combined as an average is represented as 100. Values that are 100 or less represent a good loss history, while values that are above 100 indicate more frequent losses or an increased chance of larger losses than average.

Auto Insurance Loss Data for Porsche Cayman Models
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Porsche Cayman 2dr 183 40 99 36

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

Why do I need car insurance?

Even though it can be expensive, insurance may be required for several reasons.

The benefits of carrying enough insurance outweigh the cost, especially if you ever need it. According to a recent study, the average American driver overpays more than $869 every year so smart consumers compare quotes at least once a year to ensure rates are inline.

More comparisons equals cheaper rates

You just learned a lot of techniques to reduce Porsche Cayman insurance rates online in Oakland. The key thing to remember is the more times you quote, the better likelihood of getting cheaper Oakland auto insurance quotes. Consumers could even find that the lowest rates are with an unexpected company.

When searching for low cost Oakland auto insurance quotes, don’t be tempted to skimp on coverage in order to save money. There are a lot of situations where someone sacrificed collision coverage only to find out they didn’t purchase enough coverage. The proper strategy is to find the BEST coverage at the lowest possible cost while still protecting your assets.

A few companies don’t offer online quoting and usually these small, regional companies only sell coverage through independent agencies. The cheapest Porsche Cayman insurance in Oakland can be purchased on the web as well as from independent agents in Oakland, so you should compare both so you have a total pricing picture.

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