How long has it been since you sat down and looked for cheaper Porsche Boxster insurance in Los Angeles? Searching for low-cost insurance for a Porsche Boxster in California can be difficult, but you can follow the following methods to find lower rates.
There is a right way and a wrong way to compare insurance rates so we’re going to tell you the best way to compare rates on a Porsche and get the cheapest rates.
If you are insured now or are shopping for new coverage, you can follow these tips to lower your rates and possibly find even better coverage. Finding quotes for the lowest-priced insurance in Los Angeles is not as hard as you may think. Comparison shoppers only need to know the tricks to compare different rates online.
Companies offering Porsche Boxster insurance in Los Angeles
The companies shown below offer free quotes in Los Angeles, CA. If multiple companies are shown, we recommend you compare several of them in order to get a fair rate comparison.
Data for Porsche Boxster insurance
The data table displayed next covers detailed analysis of insurance policy prices for Porsche Boxster models. Understanding how insurance prices are calculated can help you make decisions when shopping around.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Boxster 2-Dr Convertible||$348||$630||$376||$22||$112||$1,488||$124|
|Boxster S 2-Dr Convertible||$384||$712||$376||$22||$112||$1,606||$134|
|Get Your Own Customized Quote Go|
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Price estimates do not factor in specific garaging location which can lower or raise prices significantly.
The example below demonstrates how deductibles and can impact Porsche Boxster insurance costs for different age categories. The prices are based on a single male driver, full coverage, and no discounts are applied to the premium.
Rate comparison of full coverage and liability-only
The example below shows the comparison of Porsche Boxster car insurance costs with and without full coverage. The data is based on a clean driving record, no claims, $100 deductibles, marital status is single, and no discounts are applied to the premium.
When to drop comp and collision
There is no specific rule to delete physical damage insurance, but there is a broad guideline. If the yearly cost for physical damage coverage is more than around 10% of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.
For example, let’s assume your Porsche Boxster book value is $5,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $4,000 after paying the physical damage deductible. If premiums are more than $400 a year to have full coverage, then it may be the right time to buy liability only.
There are some circumstances where dropping full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should maintain full coverage.
Auto insurance policy discounts you can’t miss
Buying auto insurance is not cheap, but discounts can save money and there are some available that you may not even be aware of. Certain discounts will be triggered automatically when you quote, but some need to be requested specifically before you get the savings.
- Claim Free – Good drivers with no accidents pay less in comparison with bad drivers.
- Drive Safe and Save – Drivers who avoid accidents may save up to 50% more than drivers with accidents.
- No Charge for an Accident – Not a discount per se, but companies like Progressive, Allstate, and Liberty Mutual allow you one accident without raising rates so long as you are claim-free for a certain period of time.
- Discount for Life Insurance – Not all companies offer life insurance, but some may give you a lower auto insurance rate if you buy a life policy as well.
- Own a Home – Owning your own home or condo can save you money because it shows financial diligence.
- Save over 55 – Older drivers may be able to get reduced rates.
- Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them complete a driver education course in school.
- Good Student – This discount can save 20 to 25%. This discount can apply up to age 25.
- Federal Employees – Being employed by or retired from a federal job could qualify for a slight premium decrease depending on your company.
- Lower Rates for Military – Being deployed with a military unit can result in better prices.
You can save money using discounts, but most of the big mark downs will not be given to all coverage premiums. The majority will only reduce the price of certain insurance coverages like collision or personal injury protection. So when the math indicates all the discounts add up to a free policy, nobody gets a free ride.
The example below illustrates the difference between Porsche Boxster insurance rates with and without discounts being applied to the rates. The premium estimates are based on a male driver, no claims or violations, California state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, multi-car, claim-free, multi-policy, and safe-driver discounts applied.
To find insurance companies that offer multiple discounts in Los Angeles, click here.
Smart Consumers Can Cut Their Insurance Prices
Consumers need to have an understanding of some of the things that go into determining auto insurance rates. If you know what influences your rates, this empowers consumers to make smart changes that will entitle you to better auto insurance rates. Lots of factors are used in the calculation when pricing auto insurance. Some are pretty understandable such as your driving history, although others are more transparent like your vehicle usage or your financial responsibility.
The items below are some of the most common factors used by your company to calculate premiums.
Rate your vehicle for proper use – Driving more miles annually the higher the price you pay to insure it. Almost all companies charge to insure your cars based upon how much you drive. Vehicles that are left in the garage get more affordable rates than cars that get driven a lot. Ask your agent if your auto insurance declarations sheet reflects the right rating data. Having the wrong rating on your Boxster can cost quite a bit.
Good drivers pay less – Good drivers tend to pay less for car insurance than bad drivers. Getting just one speeding ticket could increase your next policy renewal substantially. Drivers who have received flagrant tickets like DUI, reckless driving or excessive speeding may need to submit a SR-22 form with their state’s licensing department in order to prevent their license from being revoked.
The chart below illustrates how speeding tickets and at-fault claims raise Porsche Boxster auto insurance rates for different age groups. The data is based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are factored in.
Discounts for multiple policies – Some companies will award a discount to insureds who carry more than one policy, otherwise known as a multi-policy discount. Discounts can amount to five, ten or even twenty percent. Even though this discount sounds good, it’s still a good idea to compare Porsche Boxster rates in Los Angeles to confirm you are receiving the best rates possible. You may still be able to save even more by buying from different companies
Is insurance coverage cheaper for females or males? – The statistics show that females take fewer risks when driving. However, this does not mean males are worse at driving than females. Women and men cause fender benders in similar numbers, but the male of the species tend to have more serious accidents. Men also statistically receive more major tickets like DUI and reckless driving. Male drivers age 16 to 19 tend to get in the most accidents and therefore are the most expensive to insure.
The information below visualizes the comparison of Porsche Boxster insurance costs for male and female drivers. The prices are based on a clean driving record, no claims, full coverage, $100 deductibles, single status, and no policy discounts are applied.
Insurance loss data for a Porsche Boxster – Car insurance companies use data from past claims when they set coverage costs for each model. Models that the statistics show to have higher claim frequency or loss amount will cost more to insure.
The table below demonstrates the compiled insurance loss statistics for Porsche Boxster vehicles. For each coverage category, the loss probability for all vehicles combined as an average is considered to be 100. Values below 100 mean the vehicle has better than average losses, while numbers that are greater than 100 point to more frequent losses or an increased likelihood of larger losses.
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Porsche Boxster Convertible||135||47||121||31|
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Car insurance agents near you
Certain consumers still prefer to sit down and talk to an agent and often times that is recommended Good insurance agents are trained risk managers and give you someone to call. The best thing about comparing auto insurance online is the fact that you can find cheap auto insurance rates and still choose a local agent. And providing support for neighborhood agents is important particularly in Los Angeles.
To find an agent, once you fill out this quick form, the quote information is sent to local insurance agents that provide free Los Angeles car insurance quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to leave your house because quoted prices will be sent to you instantly. In the event you want to get a comparison quote from one company in particular, you can always navigate to their website and give them your coverage information.
Insurance agent types
If you’re trying to find a reputable insurance agent or broker, it’s helpful to know the different types of agents that you can select. Agents in Los Angeles can either be exclusive or independent agents depending on their company appointments. Either one can sell auto insurance policies, but it’s a good idea to understand the differences because it can factor into the kind of agent you use.
Independent Insurance Agents
Agents in the independent channel are not locked into one company and that gives them the ability to insure through many different auto insurance companies and help determine which has the cheapest rates. If they find a cheaper price, an independent agent can move your coverage and you won’t have to switch agencies. If you are comparing auto insurance prices, we highly recommend that you get insurance quotes from at a minimum one independent agency to maximize your price options. They often place coverage with lesser-known insurance companies which can save you money.
Shown below are independent insurance agencies in Los Angeles that may be able to give comparison quotes.
- Ken Donaldson Insurance Agency
6108 Venice Blvd – Los Angeles, CA 90034 – (310) 451-4943 – View Map
- Malcom Brown Insurance Agency
2861 Robertson Blvd – Los Angeles, CA 90034 – (310) 280-0946 – View Map
- Lloyd S. Berkett Insurance Agency, Inc.
11150 W Olympic Blvd # 1100 – Los Angeles, CA 90064 – (310) 857-5757 – View Map
Exclusive Insurance Agents
Exclusive agents can only write with one company and some examples include State Farm, Allstate, or Farmers Insurance. Exclusive agencies are unable to provide other company’s prices so you need to shop around if the rates are high. They are usually quite knowledgeable on sales techniques which helps overcome the inability to quote other rates. Drivers often use the same exclusive agent primarily because of the prominence of the brand rather than having the cheapest rates.
Shown below are exclusive insurance agencies in Los Angeles that are able to give price quote information.
- Diane Sinner – State Farm Insurance Agent
6535 Wilshire Blvd #117 – Los Angeles, CA 90048 – (323) 651-4775 – View Map
- Allyson Weber – State Farm Insurance Agent
1063 Colorado Blvd – Los Angeles, CA 90041 – (323) 258-5801 – View Map
- Grace Jun – State Farm Insurance Agent
2426 W 8th St #218 – Los Angeles, CA 90057 – (213) 388-4955 – View Map
Finding a good insurance agent requires more thought than just the price. Here are some questions you might want to ask.
- Does the agency have a positive business rating?
- Which company do they place the most coverage with?
- Do they feel the quoted coverages are adequate?
- Do you work with a CSR or direct with the agent?
- By raising physical damage deductibles, how much would you save?
- Which family members are covered?
More comparisons equals cheaper rates
In this article, we covered many ideas to reduce Porsche Boxster insurance auto insurance rates online in Los Angeles. It’s most important to understand that the more providers you compare, the higher your chance of finding inexpensive Los Angeles car insurance quotes. You may even be surprised to find that the lowest auto insurance rates come from a smaller regional carrier.
People leave their current company for a number of reasons such as not issuing a premium refund, questionable increases in premium, high prices or high rates after DUI convictions. It doesn’t matter what your reason, switching car insurance companies can be easier than you think.
Cheap Porsche Boxster insurance in Los Angeles is available from both online companies and from local agencies, so get free Los Angeles car insurance quotes from both of them in order to have the best chance of saving money. A few companies don’t offer online rate quotes and these regional carriers provide coverage only through local independent agencies.
Even more information can be read by following these links:
- Medical Payments Coverage (Liberty Mutual)
- Who Has Affordable Car Insurance Quotes for a Toyota Camry in Los Angeles? (FAQ)
- Who Has Cheap Car Insurance for Drivers with Accidents in Los Angeles? (FAQ)
- What Car Insurance is Cheapest for a Chevrolet Equinox in Los Angeles? (FAQ)
- Who Has the Cheapest Los Angeles Auto Insurance for Handicapped Drivers? (FAQ)
- Determining Auto Insurance Rates (GEICO)
- Think You’re a Safe Driver? (State Farm)
- Safety Belts FAQ (iihs.org)
- What is Covered by GAP Insurance? (Allstate)