Would you like to stop overpaying and find low-cost Porsche Boxster insurance in Aurora? Searching for better insurance prices for a Porsche Boxster in Colorado can turn out to be an all-consuming task, but you can follow our insurance buying tips to save time.
There is a right way and a wrong way to buy insurance so we’re going to tell you the proper way to get price quotes for your Porsche and obtain the lowest possible price.
It’s a good habit to price shop coverage as often as possible since insurance prices change quite often. Despite the fact that you may have had the lowest quotes on Porsche Boxster insurance in Aurora six months ago you can probably find a better rate now. There is too much inaccurate information about Boxster insurance on the internet, but in just a couple of minutes you can learn some proven techniques to buy insurance cheaper in Aurora.
If you are already insured or want to find a cheaper company, you can use these techniques to reduce the price you pay without sacrificing coverage. Quoting and comparing the best insurance policy in Aurora is not as time-consuming as you think. Shoppers just need to understand the quickest way to shop their coverage around on the web.
The car insurance companies shown below provide free rate quotes in Colorado. In order to find the best car insurance in Colorado, we suggest you visit two to three different companies in order to get a fair rate comparison.
Choosing the best vehicle insurance in Colorado is an important decision
Even though it’s not necessarily cheap to insure a Porsche in Aurora, buying insurance serves an important purpose.
- Almost all states have mandatory insurance requirements which means you are required to carry a specific level of liability coverage if you want to drive 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 your Boxster has a lienholder, almost every bank will force you to carry insurance to guarantee payment of the loan. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Porsche at a much higher premium rate and require you to reimburse them much more than you were paying before.
- Insurance safeguards your car and your assets. Insurance will pay for hospital and medical expenses that are the result of an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if you are sued as the result of your driving. If your Porsche gets damaged, comprehensive and collision coverage will pay to have it repaired.
The benefits of buying enough insurance definitely exceed the cost, particularly for liability claims. According to a survey of 1,000 drivers, the average driver overpays more than $810 a year so compare quotes from several companies each time the policy renews to help ensure money is not being wasted.
Coverage information
The table displayed next highlights estimates of insurance coverage prices for Porsche Boxster models. Learning as much as possible about how prices are determined can help you make smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Boxster 2-Dr Convertible | $342 | $620 | $298 | $18 | $90 | $1,368 | $114 |
| Boxster S 2-Dr Convertible | $376 | $702 | $298 | $18 | $90 | $1,484 | $124 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Rate quotes do not factor in garaging location in Aurora which can impact insurance rates considerably.
Rate comparison for different deductibles
A question often asked by Aurora drivers is how high or low should comp and collision deductibles be. The premium rates below illustrate how much more you’ll pay when you select higher and lower coverage deductibles. The first set of rates uses a $100 deductible for physical damage and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Boxster 2-Dr Convertible | $380 | $740 | $298 | $18 | $90 | $1,551 | $129 |
| Boxster S 2-Dr Convertible | $420 | $838 | $298 | $18 | $90 | $1,689 | $141 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Boxster 2-Dr Convertible | $278 | $500 | $298 | $18 | $90 | $1,184 | $99 |
| Boxster S 2-Dr Convertible | $306 | $566 | $298 | $18 | $90 | $1,278 | $107 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Rate quotes do not factor in garaging location in Aurora which can influence premiums noticeably.
Based on this data, using a $100 deductible costs roughly $32 more each month or $384 a year than buying the higher $500 deductible. Since you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you tend to have more than 13 months between claims, you would come out ahead by going with a higher deductible.
How to calculate if a higher deductible is a good decision
| Average monthly premium for $100 deductibles: | $135 |
| Average monthly premium for $500 deductibles (subtract): | – $103 |
| Monthly savings from raising deductible: | $32 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $32 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 13 months |
The chart below shows how choosing a deductible and can impact Porsche Boxster insurance premiums for different age groups. Data assumes a single male driver, full coverage, and no discounts are applied to the premium.
Drive safe and save
The illustration below demonstrates how citations and at-fault claims can increase Porsche Boxster yearly insurance costs for each different age group. The data assumes a married female driver, full coverage, $500 deductibles, and no other discounts are factored in.
Rate difference between full and liability-only coverage
The diagram below illustrates the difference between Porsche Boxster premium costs with full physical damage coverage compared to only buying liability only. The premiums assume a clean driving record, no at-fault accidents, $500 deductibles, drivers are single, and no additional discounts are factored in.
Are you wasting money paying for full coverage?
There is no specific rule to drop full coverage on your policy, but there is a general convention. If the annual cost of comprehensive and collision coverage is more than 10% of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.
For example, let’s pretend your Porsche Boxster replacement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $2,000 after paying the physical damage deductible. If it’s costing you more than $200 annually for full coverage, then you might consider buying liability only.
There are some circumstances where buying only liability insurance is not advised. If you have an outstanding loan on your vehicle, you have to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not consider dropping full coverage.
Affordable rates with discounts
Insurance is neither fun to buy or cheap, but you might already qualify for some discounts that can dramatically reduce your bill. A few discounts will be applied at the time of quoting, but occasionally some discounts must be asked about in order for you to get them.
- Student in College – Youth drivers who are enrolled in higher education away from home and do not have a car may be insured at a cheaper rate.
- Lower Rates for Military – Being deployed with a military unit may lower your premium rates slightly.
- Discount for Good Grades – Maintaining excellent grades can save 20 to 25%. The discount lasts up until you turn 25.
- Membership in Organizations – Joining specific professional or occupational memberships or organizations could earn you a nice discount when getting a Aurora car insurance quote.
- Senior Citizens – Seniors can possibly qualify for a small decrease in premiums.
While discounts sound great, it’s important to understand that most discount credits are not given to all coverage premiums. Most only cut the cost of specific coverages such as comprehensive or collision. Despite the appearance that you can get free auto insurance, you aren’t that lucky.
The illustration below shows the comparison of Porsche Boxster car insurance rates with and without discounts applied. The prices are based on a female driver, no violations or claims, Colorado state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, multi-car, marriage, claim-free, and homeowner discounts applied.
If you would like to see a list of companies that offer the discounts shown above in Aurora, click this link.
Can’t I get rate quotes from local Aurora insurance agents?
Many people would rather talk to an insurance agent and that is recommended in a lot of cases Good insurance agents will help you protect your assets and will help you if you have claims. One of the best bonuses of comparing insurance prices online is the fact that you can find the lowest rates but still work with a licensed agent. Buying insurance from local insurance agencies is important especially in Aurora.
To help locate an agent, after submitting this simple form, the coverage information gets sent to insurance agents in Aurora who will give you quotes to get your business. There is no need to leave your house because quoted prices will be sent to the email address you provide. If you need to compare prices from a specific company, feel free to find their quoting web page and give them your coverage information.
Pick the best auto insurance agent in Aurora for you
When looking for a local insurance agency, you must know there are a couple types of insurance agents and how they can write your policy. Agencies in Aurora can be categorized as either independent (non-exclusive) or exclusive. Both types of agents can write policy coverage, but we need to point out how they differ because it can factor into your selection of an agent.
Independent Insurance Agents
Agents that choose to be independent are appointed with more than one company and that enables them to quote your coverage through many companies enabling the ability to shop coverage around. If your agent finds better pricing, they simply move the coverage in-house and you don’t have to switch agencies. When comparing rate quotes, you need to include rate quotes from at least one independent agent for the best price selection. Most also have access to additional companies that you may not be familiar with who may have lower rates.
Below is a small list of independent insurance agents in Aurora who may provide free auto insurance rate quotes.
- ALINK Insurance Services
3033 S Parker Rd #120 – Aurora, CO 80014 – (303) 752-6479 – View Map - Focus Insurance Agency
2993 S Peoria St #144 – Aurora, CO 80014 – (303) 695-6220 – View Map - BUD JUDY AGENCY, INC. (INDEPENDENT INSURANCE AGENCY)
2222 S Fraser St Unit 4 – Aurora, CO 80014 – (303) 368-5839 – View Map
Exclusive Auto Insurance Agents
Agents that choose to be exclusive normally can only provide a single company’s rates such as Farmers Insurance or State Farm. They generally cannot provide other company’s prices so you need to shop around if the rates are high. Exclusive insurance agents are usually quite knowledgeable on their company’s products and that can be a competitive advantage. Some consumers prefer to buy insurance from these agents partially due to the brand legacy instead of buying on price only.
Listed below is a short list of exclusive agencies in Aurora willing to provide price quotes.
- Farmers Insurance – Patricia Rusho
13780 E Rice Pl #112 – Aurora, CO 80015 – (303) 317-2411 – View Map - Allstate Insurance: Danielle Shannon Agency
6820 S Liverpool St d – Aurora, CO 80016 – (303) 676-8071 – View Map - Rick Simmons – State Farm Insurance Agent
14571 E Mississippi Ave – Aurora, CO 80012 – (303) 369-4100 – View Map
Choosing the best auto insurance agent requires you to look at more than just the quoted price. Here are some questions you might want to ask.
- By raising physical damage deductibles, how much would you save?
- Can they provide you with a list of referrals?
- Is auto insurance their primary focus in Aurora?
- How does the company pay claims for a total loss?
- Are aftermarket or OEM parts used to repair vehicles?
After talking to the agent and getting good answers as well as an affordable premium quote, most likely you have located an auto insurance agent that is a good match to provide auto insurance coverage. It’s important to know that you are able to terminate coverage when you choose so don’t think that you’re stuck with the auto insurance policy for a certain time period.
Quote often and quote early
We just presented some good ideas how you can compare Porsche Boxster insurance car insurance rates in Aurora. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your premium rates. Consumers may even find the lowest car insurance rates are with a small local company.
As you go through the steps to switch your coverage, it’s a bad idea to buy poor coverage just to save money. In many cases, drivers have reduced collision coverage and discovered at claim time they didn’t purchase enough coverage. Your goal should be to find the BEST coverage at the lowest possible cost while still protecting your assets.
Budget-conscious Porsche Boxster insurance can be found online and from local insurance agents, and you should be comparing both in order to have the best chance of saving money. There are still a few companies who may not have the ability to get quotes online and many times these regional carriers work with independent insurance agents.
How to find cheaper rates for Porsche Boxster insurance in Aurora
If you want to save the most money, the best way to find cheaper quotes for Porsche Boxster insurance in Aurora is to start doing an annual price comparison from different companies that sell auto insurance in Colorado. Price quotes can be compared by following these steps.
- Step 1: Get a basic knowledge of how insurance works and the steps you can take to lower rates. Many risk factors that cause high rates like accidents, traffic tickets, and poor credit can be improved by improving your driving habits or financial responsibility.
- Step 2: Get rate quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give rate quotes from a single company like GEICO or Allstate, while agents who are independent can give you price quotes for many different companies.
- Step 3: Compare the new rate quotes to your existing rates and determine if cheaper Boxster coverage is available. If you can save some money, make sure there is no lapse between the expiration of your current policy and the new one.
- Step 4: Notify your company or agent of your intent to cancel your current car insurance policy. Submit a signed application and payment to the newly selected company. Make sure you place the new certificate of insurance with your vehicle’s registration.
The critical component of shopping around is to use the same level of coverage on each price quote and and to get price quotes from every insurance company. Doing this ensures an apples-to-apples comparison and plenty of rates choose from.
Other resources
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- Credit Impacts Car Insurance Rates (State Farm)
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Vehicle Size and Weight FAQ (iihs.org)