Do you want a faster way to compare low-cost Porsche 911 insurance in Greensboro? There isn’t anyone who anticipates paying for car insurance, especially when they know they could lower their rates if they shopped around.
Smart shoppers know that insurance companies want to keep you from comparing prices. Consumers who compare price quotes will probably switch car insurance companies because of the good chance of finding lower prices. A recent survey found that drivers who shopped around every year saved about $3,450 over four years compared to policyholders who never shopped for cheaper rates.
If saving the most money on car insurance in Greensboro is your ultimate target, learning how to quote prices and compare cheaper coverage can help make the process easier. Lots of auto insurance companies contend to insure your vehicles, and it can be difficult to compare rates to get the best price available on Porsche 911 insurance in Greensboro.
If you have coverage now or are looking for a new policy, use these tips to shop for the lowest rates while maintaining coverages. Locating the best rates in Greensboro is really quite easy. Consumers only need to know the fastest way to compare rate quotes online from multiple companies.
All the larger car insurance companies allow consumers to get pricing on their websites. Getting online quotes for Porsche 911 insurance in Greensboro is very simple as you just enter your required coverages into the quote form. Once you submit the form, the quote system will order your driving and credit reports and provides a quote. This simplifies rate comparisons, and it’s very important to do this in order to find a better rate.
If you want to compare pricing, check out the car insurance providers below. If you have a policy now, it’s recommended that you enter deductibles and limits exactly as they are listed on your policy. This ensures you will receive rate comparison quotes for similar insurance coverage.
The following companies are ready to provide price comparisons in North Carolina. If you wish to find the best cheap car insurance in Greensboro, NC, we recommend you click on several of them to get a more complete price comparison.
Choosing the best Porsche vehicle insurance in North Carolina is an important decision
Despite the potentially high cost of Porsche 911 insurance, insurance serves an important purpose.
- Most states have mandatory insurance requirements which means you are required to buy a specific minimum amount of liability in order to be legal. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your 911 has a lienholder, it’s most likely the lender will have a requirement that you have full coverage to ensure the loan is repaid in case of a total loss. If the policy lapses, the lender will be forced to insure your Porsche for a much higher rate and require you to reimburse them much more than you were paying before.
- Insurance safeguards both your vehicle and your assets. It also can pay for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. Liability coverage, the one required by state law, also covers all legal expenses up to the policy limit in the event you are sued. If your vehicle suffers damage from an accident or hail, comprehensive and/or collision insurance will cover the damage repairs after a deductible is paid.
The benefits of having auto insurance greatly outweigh the cost, particularly for liability claims. According to a survey of 1,000 drivers, the average driver is overpaying more than $855 a year so shop around once a year at a minimum to help ensure money is not being wasted.
Rates and other information
The coverage information shown next highlights estimates of insurance premium costs for Porsche 911 models. Learning as much as possible about how policy rates are figured can help guide drivers when making informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 911 Carrera 2 2-Dr Coupe | $216 | $454 | $256 | $16 | $76 | $1,018 | $85 |
| 911 Carrera 4 2-Dr Coupe | $234 | $454 | $256 | $16 | $76 | $1,036 | $86 |
| 911 Carrera 2 Cabriolet 2-Dr Convertible | $234 | $454 | $218 | $12 | $66 | $984 | $82 |
| 911 Carrera 2 S 2-Dr Coupe | $234 | $454 | $256 | $16 | $76 | $1,036 | $86 |
| 911 Carrera 4 Cabriolet 2-Dr Convertible | $234 | $454 | $218 | $12 | $66 | $984 | $82 |
| 911 Carrera 4S 2-Dr Coupe | $234 | $498 | $256 | $16 | $76 | $1,080 | $90 |
| 911 Carrera Targa 2-Dr Coupe | $234 | $498 | $256 | $16 | $76 | $1,080 | $90 |
| 911 Carrera 2 S 2-Dr Convertible | $234 | $498 | $218 | $12 | $66 | $1,028 | $86 |
| 911 Carrera 4S Cabriolet 2-Dr Convertible | $252 | $454 | $218 | $12 | $66 | $1,002 | $84 |
| 911 Carrera Targa S 2-Dr Coupe | $252 | $498 | $256 | $16 | $76 | $1,098 | $92 |
| 911 GT3 2-Dr Coupe | $252 | $540 | $256 | $16 | $76 | $1,140 | $95 |
| 911 GT3 RS 2-Dr Coupe | $288 | $584 | $256 | $16 | $76 | $1,220 | $102 |
| 911 Turbo 2-Dr Coupe | $288 | $584 | $256 | $16 | $76 | $1,220 | $102 |
| 911 Turbo 2-Dr Convertible | $288 | $626 | $218 | $12 | $66 | $1,210 | $101 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Price estimates do not factor in vehicle garaging location which can modify coverage prices noticeably.
Physical damage deductibles: Should you raise them?
One frequently asked question is the level to set your comp and collision deductibles. The comparisons below may help to illustrate the rate fluctuation of buying low and high physical damage deductibles. The first set of rates uses a $250 deductible for comprehensive and collision coverage and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 911 Carrera 2 2-Dr Coupe | $292 | $614 | $250 | $14 | $74 | $1,269 | $106 |
| 911 Carrera 4 2-Dr Coupe | $316 | $614 | $250 | $14 | $74 | $1,293 | $108 |
| 911 Carrera 2 Cabriolet 2-Dr Convertible | $316 | $614 | $212 | $12 | $64 | $1,243 | $104 |
| 911 Carrera 2 S 2-Dr Coupe | $316 | $614 | $250 | $14 | $74 | $1,293 | $108 |
| 911 Carrera 4 Cabriolet 2-Dr Convertible | $316 | $614 | $212 | $12 | $64 | $1,243 | $104 |
| 911 Carrera 4S 2-Dr Coupe | $316 | $670 | $250 | $14 | $74 | $1,349 | $112 |
| 911 Carrera Targa 2-Dr Coupe | $316 | $670 | $250 | $14 | $74 | $1,349 | $112 |
| 911 Carrera 2 S 2-Dr Convertible | $316 | $670 | $212 | $12 | $64 | $1,299 | $108 |
| 911 Carrera 4S Cabriolet 2-Dr Convertible | $340 | $614 | $212 | $12 | $64 | $1,267 | $106 |
| 911 Carrera Targa S 2-Dr Coupe | $340 | $670 | $250 | $14 | $74 | $1,373 | $114 |
| 911 GT3 2-Dr Coupe | $340 | $728 | $250 | $14 | $74 | $1,431 | $119 |
| 911 GT3 RS 2-Dr Coupe | $390 | $786 | $250 | $14 | $74 | $1,539 | $128 |
| 911 Turbo 2-Dr Coupe | $390 | $786 | $250 | $14 | $74 | $1,539 | $128 |
| 911 Turbo 2-Dr Convertible | $390 | $844 | $212 | $12 | $64 | $1,547 | $129 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 911 Carrera 2 2-Dr Coupe | $180 | $386 | $250 | $14 | $74 | $904 | $75 |
| 911 Carrera 4 2-Dr Coupe | $196 | $386 | $250 | $14 | $74 | $920 | $77 |
| 911 Carrera 2 Cabriolet 2-Dr Convertible | $196 | $386 | $212 | $12 | $64 | $870 | $73 |
| 911 Carrera 2 S 2-Dr Coupe | $196 | $386 | $250 | $14 | $74 | $920 | $77 |
| 911 Carrera 4 Cabriolet 2-Dr Convertible | $196 | $386 | $212 | $12 | $64 | $870 | $73 |
| 911 Carrera 4S 2-Dr Coupe | $196 | $422 | $250 | $14 | $74 | $956 | $80 |
| 911 Carrera Targa 2-Dr Coupe | $196 | $422 | $250 | $14 | $74 | $956 | $80 |
| 911 Carrera 2 S 2-Dr Convertible | $196 | $422 | $212 | $12 | $64 | $906 | $76 |
| 911 Carrera 4S Cabriolet 2-Dr Convertible | $210 | $386 | $212 | $12 | $64 | $884 | $74 |
| 911 Carrera Targa S 2-Dr Coupe | $210 | $422 | $250 | $14 | $74 | $970 | $81 |
| 911 GT3 2-Dr Coupe | $210 | $458 | $250 | $14 | $74 | $1,006 | $84 |
| 911 GT3 RS 2-Dr Coupe | $242 | $494 | $250 | $14 | $74 | $1,074 | $90 |
| 911 Turbo 2-Dr Coupe | $242 | $494 | $250 | $14 | $74 | $1,074 | $90 |
| 911 Turbo 2-Dr Convertible | $242 | $532 | $212 | $12 | $64 | $1,062 | $89 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Information does not factor in specific garaging location which can affect auto insurance rates significantly.
Using the premium rates above, we can conclude that using a $250 deductible will cost you approximately $33 more each month or $396 for a full year averaged for all 911 models than requesting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go more than 23 months between claims, you would probably be better off if you choose a higher deductible.
How to determine if higher deductibles are a good idea
| Average monthly premium for $250 deductibles: | $113 |
| Average monthly premium for $1,000 deductibles (subtract): | – $80 |
| Monthly savings from raising deductible: | $33 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $33 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 23 months |
The diagram below illustrates how your choice of deductibles and can increase or decrease Porsche 911 insurance premiums for different categories of driver ages. The information is based on a single female driver, comp and collision included, and no discounts are taken into consideration.
Drive safe and save
The information below highlights how traffic violations and at-fault fender-benders can drive up Porsche 911 insurance costs for different age groups. The premiums assume a married male driver, full physical damage coverage, $500 deductibles, and no discounts are taken into consideration.
Full coverage rates compared to liability-only
The diagram below shows the difference between Porsche 911 insurance prices with liability coverage only compared to full coverage. The premiums are based on no accidents, no driving violations, $1,000 deductibles, drivers are single, and no discounts are factored in.
When to drop comprehensive and collision
There is no clear-cut formula of when to eliminate full coverage on your policy, but there is a general convention. If the annual cost of coverage is about 10% or more of the vehicle’s replacement cost less your deductible, the it may be a good time to stop paying for full coverage.
For example, let’s assume your Porsche 911 replacement cost is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, you would only receive $3,000 after the policy deductible has been paid. If it’s costing you more than $300 a year for comprehensive and collision coverage, then you might consider buying liability only.
There are some situations where only buying liability is not recommended. If you still have a lienholder on your title, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should keep full coverage in place.
Get cheap rates by getting discounts
Auto insurance companies don’t list every discount they offer in a way that’s easy to find, so we researched a few of the more common and also the lesser-known discounts you could be receiving when you buy Greensboro auto insurance online.
- Telematics Data Discounts – Drivers that enable data collection to analyze driving patterns by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot may see discounts if they have good driving habits.
- Early Renewal Discounts – A few companies offer discounts for buying a policy prior to your current 911 insurance policy expiring. It’s a savings of about 10%.
- Student Discount for Driver Training – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class if it’s offered in school.
- First Accident Forgiveness – Not really a discount, but companies like Allstate, Progressive, and GEICO will forgive one accident before they charge you more for coverage so long as you are claim-free for a set time period.
- Policy Bundle Discount – When you combine your homeowners and auto insurance and insure them both with the same insurance company you may save at least 10 to 15 percent or more.
- Discount for Life Insurance – If the company offers life insurance, you could get a lower auto insurance rate if you buy some life insurance in addition to your auto policy.
- Air Bags and Passive Restraints – Cars that have air bags or automatic seat belts may qualify for discounts as much as 30%.
Just know that some credits don’t apply to the entire cost. Most only cut the cost of specific coverages such as liability, collision or medical payments. If you do the math and it seems like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous.
The information below compares Porsche 911 car insurance rates with and without discounts applied to the premium. The data assumes a female driver, a clean driving record, no at-fault accidents, North Carolina state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, multi-policy, marriage, safe-driver, and claim-free discounts applied.
Large auto insurance companies and some of the premium reductions they offer include:
- State Farm policyholders can earn discounts including multiple autos, accident-free, defensive driving training, passive restraint, multiple policy, good driver, and Drive Safe & Save.
- GEICO has discounts for multi-vehicle, anti-theft, driver training, good student, and air bags.
- Allstate offers discounts including new car, safe driver, FullPay discount, anti-lock brakes, farm vehicle, and early signing.
- SAFECO may have discounts that include drive less, multi-car, accident prevention training, teen safety rewards, homeowner, anti-theft, and bundle discounts.
- Farm Bureau includes discounts for driver training, renewal discount, good student, safe driver, and multi-policy.
- Progressive offers discounts for good student, continuous coverage, online quote discount, online signing, and multi-vehicle.
- AAA has savings for good driver, pay-in-full, anti-theft, multi-policy, AAA membership discount, and multi-car.
When getting a coverage quote, ask each insurance company how you can save money. Savings might not be available to policyholders in Greensboro. If you would like to choose from a list of providers that offer the discounts shown above in Greensboro, click here to view.
When to have guidance from a local insurance agent
Many people still like to talk to a local agent and that can be a great decision Agents are very good at helping people manage risk and help submit paperwork. The best thing about getting online price quotes is that drivers can save money and get cheap rate quotes and still have an agent to talk to.
Upon completion of this simple form, your information gets sent to participating agents in Greensboro who will return price quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to drive around due to the fact that quote results will go straight to your inbox. If for some reason you want to get a price quote for a specific company, you just need to jump over to their website and give them your coverage information.
Finding a good insurance company is decision based upon more than just a low price. The following questions are important to ask.
- Will they take your side in the event of a claim?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Does the agency support the community they serve?
- Do they get extra compensation for selling add-on coverages?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Who is covered by the car insurance policy?
- Do they offer rental car reimbursement?
- Are there any extra charges for paying monthly?
Do I just need basic coverages?
Keep in mind that when it comes to choosing insurance from an agent or online for your vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different so your insurance needs to address that.
For example, these questions may help you determine if your insurance needs may require specific advice.
- Am I covered if I break a side mirror?
- Will my rates increase for filing one claim?
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
- How much underlying liability do I need for an umbrella policy?
- Can I pay claims out-of-pocket if I buy high deductibles?
- How do I insure my teen driver?
- Is a new car covered when I drive it off the dealer lot?
- How much will a speeding ticket raise my rates?
If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It’s fast, free and may give you better protection.
How to find a good Greensboro auto insurance company
Picking the right car insurance company can be difficult considering how many choices there are in North Carolina. The company ratings displayed below can help you select which coverage providers you want to consider comparing price quotes from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Cheaper car insurance is out there
Lower-priced car insurance in Greensboro is definitely available from both online companies in addition to local insurance agencies, and you should compare rates from both in order to have the best price selection to choose from. Some companies do not provide online rate quotes and usually these smaller companies provide coverage only through local independent agencies.
You just read a lot of tips how to find lower-cost Porsche 911 insurance in Greensboro. It’s most important to understand that the more price quotes you have, the better your chances of lowering your rates. Consumers may even find the best price on car insurance is with a small mutual company. These companies may have significantly lower rates on certain market segments than the large multi-state companies such as State Farm, GEICO and Nationwide.
When buying insurance coverage, do not skimp on coverage in order to save money. There have been many cases where consumers will sacrifice uninsured motorist or liability limits only to regret that they should have had better coverage. Your objective should be to buy enough coverage for the lowest price.
How to find cheaper quotes for Porsche 911 insurance in Greensboro
Really, the only way to find cheaper quotes for Porsche 911 insurance in Greensboro is to regularly compare prices from different companies that insure vehicles in North Carolina.
- Try to understand coverages and the things you can change to keep rates down. Many things that are responsible for high rates such as at-fault accidents and a less-than-favorable credit score can be rectified by being financially responsible and driving safely.
- Obtain price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only quote rates from a single company like GEICO and State Farm, while agents who are independent can quote prices from multiple insurance companies. View a list of agents
- Compare the new rates to your existing coverage to see if you can save by switching companies. If you find better rates, verify that coverage does not lapse between policies.
- Give proper notification to your current agent or company of your decision to cancel your current car insurance policy. Submit payment and a completed application for the new policy. Make sure you keep your new certificate of insurance with your registration paperwork.
An important note is to use the same liability limits and deductibles on each price quote and and to analyze as many auto insurance providers as possible. This helps ensure a fair price comparison and a better comparison of the market.
More detailed car insurance information is located in these articles:
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- What Auto Insurance is Cheapest for a School Permit in Greensboro? (FAQ)
- How Much is Car Insurance for 18 Year Olds in Greensboro? (FAQ)
- What Car Insurance is Cheapest for a Honda Pilot in Greensboro? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Low Income Drivers in Greensboro? (FAQ)
- Rollover Crash FAQ (iihs.org)
- Drunk Driving Statistics (Insurance Information Institute)