Compare 2019 Porsche Cayenne Car Insurance Cost in 2024

Looking for the cheapest insurance coverage rates for your Porsche Cayenne? Have you had enough of paying out the nose to make your insurance coverage payment? You have the same problem as most other people.

Due to the large number of companies and agents to choose from, it is hard for the average consumer to locate the lowest cost insurance coverage provider.

Reduce your insurance rates with discounts

Insurance is not an enjoyable expense, but discounts can save money and there are some available that many consumers don’t even know exist. Certain discounts will be applied at the time you complete a quote, but once in a while a discount must be asked about before you get the savings.

• No Charge for an Accident – This isn’t a discount exactly, but some insurance companies will turn a blind eye to one accident before raising your premiums if your claims history is clear for a specific time period.
• Save with More Vehicles Insured – Buying insurance for several vehicles on a single policy could earn a price break for each car.
• Cautious Drivers – Insureds without accidents can save up to 40% or more on their insurance quote for Cayenne coverage than less cautious drivers.
• Discount for Passive Restraints – Cars that have air bags can qualify for discounts of up to 25% or more.
• Driver Education Discount – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education in high school.

Drivers should understand that most credits do not apply to the entire cost. Most only reduce individual premiums such as collision or personal injury protection. Even though it appears all the discounts add up to a free policy, you aren’t that lucky. Any qualifying discounts will bring down your premiums.

A list of insurance companies and the discounts they provide are shown below.

• State Farm has discounts for driver’s education, student away at school, multiple policy, Steer Clear safe driver discount, anti-theft, accident-free, and Drive Safe & Save.
• Nationwide offers discounts for good student, easy pay, business or organization, anti-theft, and defensive driving.
• GEICO policyholders can earn discounts including driver training, seat belt use, daytime running lights, military active duty, and multi-vehicle.
• AAA discounts include multi-car, good driver, anti-theft, AAA membership discount, pay-in-full, and education and occupation.
• 21st Century may offer discounts for air bags, 55 and older, automatic seat belts, defensive driver, good student, early bird, and student driver.
• The Hartford may have discounts that include vehicle fuel type, air bag, bundle, anti-theft, and defensive driver.

If you need lower rates, check with each company or agent which discounts they offer. A few discounts may not be available in your state.

You are unique and your auto insurance should be too

When it comes to choosing coverage, there is no one size fits all plan. Everyone’s situation is a little different so your insurance should reflect that For instance, these questions may help you determine if your situation may require specific advice.

• Do I pay less for low miles?
• Should I have combined single limit or split liability limits?
• Is a fancy paint job covered?
• Am I covered if I crash into my own garage door?
• Am I covered by my spouse’s policy after a separation?
• Is my teen driver covered when they drive my company car?
• Is pleasure use cheaper than using my 2019 Porsche Cayenne to commute?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed agent. To find an agent in your area, take a second and enter your zip code.

Parts of your insurance policy

Having a good grasp of your insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are the normal coverages found on most insurance policies.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your Porsche Cayenne.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Comprehensive protection

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as hitting a bird, damage from getting keyed, damage from a tornado or hurricane, falling objects and hitting a deer. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage for collisions

This pays for damage to your Cayenne from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like crashing into a ditch, hitting a parking meter, colliding with another moving vehicle, sustaining damage from a pot hole and hitting a mailbox. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Liability coverages

This protects you from damage that occurs to other people or property that is your fault. It protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability can pay for things such as emergency aid, medical expenses, funeral expenses and medical services. The amount of liability coverage you purchase is your choice, but buy higher limits if possible.

Medical expense coverage

Med pay and PIP coverage provide coverage for short-term medical expenses such as EMT expenses, hospital visits, dental work and nursing services. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers you and your occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Affordable insurance is out there

Budget-friendly car insurance is attainable both online and from local agencies, so get free insurance quotes from both of them to have the best chance of lowering rates. Some car insurance companies do not provide online rate quotes and many times these regional insurance providers sell through local independent agents.

When shopping online for car insurance, it’s very important that you do not sacrifice coverage to reduce premiums. In too many instances, an insured cut uninsured motorist or liability limits and discovered at claim time they didn’t have enough coverage. Your strategy should be to buy the best coverage you can find at the best cost, but do not skimp to save money.