Porsche Cayenne Insurance Rate Quotes in Philadelphia

How many times have you said it’s time to compare cheaper Porsche Cayenne insurance in Philadelphia? If you’re trying to find more affordable insurance online, are you frustrated by the crazy number of insurance companies in Philadelphia? Vehicle owners have so many companies available that it can easily turn into a big hassle to find the best insurance rates for Porsche Cayenne insurance in Philadelphia. Philadelphia is a wonderful place to live, but getting gouged by high insurance rates can make it very difficult to stay on budget.

Regrettably, most Pennsylvania insurance customers renewed their policy with the same company for four years or more, and almost half have never compared rate quotes at all. With the average premium in the United States being $1,847, drivers could cut their rates by nearly 47% a year by just shopping around, but they don’t believe how much savings they would realize if they bought a different policy.

Consumers should take time to get comparison quotes quite often because prices go up and down regularly. If you had the lowest rate on Porsche Cayenne insurance in Philadelphia a few years ago you will most likely find a better premium rate today. Ignore everything you know about insurance because you’re about to learn the right way to find better coverage on Porsche Cayenne insurance in Philadelphia at a better price.

Cheapest Porsche insurance rates in Philadelphia

The companies in the list below offer free rate quotes in Pennsylvania. If multiple companies are listed, we suggest you get rates from several of them to get a more complete price comparison.

Insurance coverage analysis

The premium information shown below highlights estimates of insurance prices for Porsche Cayenne models. Understanding more about how insurance prices are figured is important for you to make decisions when shopping your coverage around.

Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Pennsylvania minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Prices do not factor in specific garaging location which can change premium rates considerably.

Policy deductibles

When buying insurance, a common question is how high should the physical damage deductibles be. The rates below highlight the cost difference of buying low and high deductibles. The first pricing table uses a $250 physical damage deductible and the second set of prices uses a $500 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Rates do not factor in specific location information which can raise or lower auto insurance rates greatly.

Using the premium rates above, we can conclude that using a $250 deductible costs roughly $21 more each month or $252 each year across all Porsche Cayenne models than requesting the higher $500 deductible. Since you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you usually have at a minimum 12 months between claims, you would probably save some money going with the higher deductible.

The diagram below demonstrates how deductible levels and can affect Porsche Cayenne yearly insurance costs for each age group. Data assumes a single male driver, full physical damage coverage, and no other discounts are factored in.

Cost of full coverage in Philadelphia

The example below visualizes the comparison of Porsche Cayenne annual premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The price estimates are based on no accidents, no driving violations, $1,000 deductibles, single status, and no discounts are applied to the premium.

When to switch to liability coverage only

There is no specific rule to eliminate comp and collision coverage, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, the it may be a good time to stop paying for full coverage.

For example, let’s pretend your Porsche Cayenne claim settlement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company would pay you is $3,000 after the deductible is paid. If premiums are more than $300 a year for physical damage coverage, then it could be time to drop full coverage.

There are a few situations where removing full coverage is not advised. If you still owe money on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should maintain full coverage.

Get cheaper Porsche Cayenne insurance in Philadelphia with discounts

Insurance can cost an arm and a leg, but there’s a good chance there are discounts that could drop your premiums quite a bit. Certain discounts will be triggered automatically at the time of quoting, but once in a while a discount must be specifically requested prior to receiving the credit.

• Telematics Data – Drivers that enable driving data collection to analyze driving manner through the use of a telematics system such as Progressive’s Snapshot and State Farm’s In-Drive may see discounts as long as they are good drivers.
• Payment Discounts – If you pay your bill all at once rather than paying monthly you can actually save on your bill.
• ABS and Traction Control Discounts – Anti-lock brake equipped vehicles are much safer to drive and will save you 10% or more on Cayenne insurance in Philadelphia.
• Discounts for Safe Drivers – Accident-free drivers may save up to 50% more than less cautious drivers.
• Federal Government Employee – Federal government employees could qualify for a slight premium decrease depending on your company.
• Senior Citizen Discount – Seniors are able to get a small discount on rates.
• Organization Discounts – Belonging to a professional or civic organization can get you a small discount when getting a Philadelphia car insurance quote.
• Drive Less and Save – Low annual miles may enable drivers to earn lower prices due to less chance of an accident.
• No Accidents – Good drivers with no accidents can save substantially as opposed to drivers who are more careless.
• Active Military Service – Having a family member in the military can result in better rates.

Keep in mind that some of the credits will not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. If you do the math and it seems like all the discounts add up to a free policy, insurance companies wouldn’t stay in business.

The example below shows the difference between Porsche Cayenne insurance costs with and without discounts applied to the policy premium. The data assumes a female driver, no violations or claims, Pennsylvania state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, multi-car, safe-driver, claim-free, and marriage discounts applied.

The best auto insurance companies and some of the discounts are shown below.

• State Farm may offer discounts for Steer Clear safe driver discount, good student, Drive Safe & Save, student away at school, and safe vehicle.
• GEICO may have discounts that include driver training, good student, anti-lock brakes, membership and employees, military active duty, and seat belt use.
• Progressive includes discounts for multi-policy, multi-vehicle, good student, online quote discount, continuous coverage, online signing, and homeowner.
• 21st Century offers discounts including good student, student driver, theft prevention, defensive driver, and anti-lock brakes.
• American Family offers premium reductions for mySafetyValet, good driver, multi-vehicle, early bird, and accident-free.
• The Hartford policyholders can earn discounts including bundle, defensive driver, air bag, anti-theft, vehicle fuel type, and driver training.
• AAA offers discounts for AAA membership discount, good student, multi-car, pay-in-full, multi-policy, education and occupation, and anti-theft.

If you need affordable Philadelphia car insurance quotes, ask every insurance company which discounts can lower your rates. All car insurance discounts might not be offered on policies in Philadelphia. For a list of providers who offer discounts in Pennsylvania, click here.

Porsche Cayenne Insurance Prices Can Be Reduced

Many different elements are part of the calculation when you quote your car insurance policy. Some are pretty understandable such as traffic violations, although others are not quite as obvious such as your marital status or how financially stable you are.

• Prevent theft and save – Choosing a vehicle with anti-theft technology or alarm system can earn a premium discount. Advanced theft deterrents such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent your vehicle from being stolen.
• Be proud to be claim-free – Insurance companies in Pennsylvania give lower rates to drivers who do not file claims often. If you tend to file frequent claims, you can look forward to either policy cancellation or increased premiums. Your car insurance is designed for major claims that would cause financial hardship.

• Battle of the sexes – Statistics demonstrate females are less aggressive when driving. The data does not necessarily mean that men are worse drivers. Both sexes cause accidents in similar percentages, but the males get into accidents with more damage. Not only that, but men also receive more costly citations like driving under the influence (DUI).

  The example below visualizes the comparison of Porsche Cayenne car insurance rates for male and female drivers. Data assumes no violations or claims, comp and collision included, $500 deductibles, single marital status, and no discounts are taken into consideration.

• Lower rates with a multi-policy discount – Most larger companies will award better rates to customers who carry more than one policy, otherwise known as a multi-policy discount. The discount can add up to anywhere from five to ten percent in most cases. Even if you’re getting this discount you still need to comparison shop to guarantee you are still saving the most.
• Do you need those extra coverages? – There are a lot of extra coverages you can purchase on your Cayenne policy. Add-on coverages like roadside assistance, high-cost glass coverage, and Farm Bureau memberships may not be needed and are just wasting money. The coverages may be enticing initially, but if you don’t need them consider taking them off your policy.

• Insurance loss probability for a Porsche Cayenne – Insurance companies use data from past claims when they set coverage costs for each model. Vehicles that are shown to have a higher amount or frequency of claims will have a higher cost to insure.

  The table below illustrates the compiled insurance loss statistics for Porsche Cayenne vehicles. For each type of coverage, the statistical loss for all vehicles compiled together is considered to be 100. Values under 100 are indicative of better than average losses, while values that are above 100 indicate higher probability of having a loss or statistically larger claims.

  
  

  Car Insurance Loss Data for Porsche Cayenne Models

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Porsche Cayenne 4dr 4WD	176	100	138	58	53	77
  Porsche Cayenne Hybrid 4dr 4WD	119

  BETTER

  AVERAGE

  WORSE

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

What insurance coverages do I need?

Always keep in mind that when comparing adequate coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Everyone’s needs are different and your car insurance should be unique as well.
Here are some questions about coverages that may help you determine whether or not you would benefit from professional advice.

• What vehicles should carry emergency assistance coverage?
• Are there any extra discounts I can get?
• Is my teen driver covered when they drive my company car?
• Will filing a claim cost me more?
• What does medical payments cover?
• Are all vehicle passengers covered by medical payments coverage?
• Will my insurance pay for OEM parts?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Local Philadelphia insurance agents and car insurance

Many drivers still prefer to buy from a licensed agent and doing that can be a smart decision An additional benefit of comparing car insurance online is that drivers can save money and get lower rates and still have an agent to talk to.

To make it easy to find an agent, after completing this form (opens in new window), the quote information is submitted to insurance agents in Philadelphia that give free quotes for your coverage. It’s much easier because you don’t need to visit any agencies because quoted prices will be sent to you. You can get cheaper car insurance rates AND a local agent. If you wish to quote rates from a specific company, you would need to go to their quote page and give them your coverage information.

Finding the right provider needs to be determined by more than just the price. Here are some questions to ask:

• Do they get paid more for recommending certain coverages?
• Will your rates increase after a single accident?
• Will you work with the agent or an assistant?
• How many years have they been established?
• Which members of your family are coverage by the policy?

If you are searching for a local Philadelphia insurance agency, there are two types of agencies from which to choose. Agencies in Philadelphia can be categorized as either independent or exclusive.

Exclusive Insurance Agents

Exclusive agencies generally can only insure with one company such as State Farm or Allstate. They usually cannot provide other company’s prices so you might not find the best rates. They are very knowledgeable on what they offer which helps them sell insurance even at higher premiums. Many people buy from the same agent for years mainly due to the brand name rather than having the cheapest rates.

Shown below are exclusive agencies in Philadelphia that are able to give price quotes.

• Joe Ems – State Farm Insurance Agent
  7348 Frankford Ave – Philadelphia, PA 19136 – (215) 333-5100 – View Map
• State Farm – Philadelphia – Thanh Pham
  254 S 10th St – Philadelphia, PA 19107 – (215) 238-7400 – View Map
• Vince Ovecka – State Farm Insurance Agent
  456 E Girard Ave – Philadelphia, PA 19125 – (215) 739-0800 – View Map

More insurance agents

Independent Insurance Agents

Independent insurance agents are appointed with more than one company and that allows them to write policies with lots of companies and help determine which has the cheapest rates. If they find a lower price, the agent simply finds a different carrier and you won’t have to switch agencies.

If you are comparing rate quotes, you need to include price quotes from independent agents so that you can do a thorough price comparison. Most also have access to small regional insurance companies which could offer lower prices.

Listed below are Philadelphia independent insurance agents that are able to give price quote information.

• HandM Insurance Agency
  5829 Rising Sun Ave – Philadelphia, PA 19120 – (215) 745-8001 – View Map
• Larry Lewis Insurance Agency, LLC
  4548 Market St #208 – Philadelphia, PA 19139 – (215) 243-4110 – View Map
• The Miles Insurance Agency Inc
  7100 Cresheim Rd – Philadelphia, PA 19119 – (215) 753-7770 – View Map

More insurance agents

Upon receiving positive responses to any questions you have as well as offering an affordable quote, you may have just found an auto insurance agent that is reliable enough to insure your vehicles.

Shop around and save

We covered many ways to shop for Porsche Cayenne insurance online. It’s most important to understand that the more rate comparisons you have, the better your chances of lowering your rates. You may even discover the lowest prices come from some of the lesser-known companies. They can often provide lower rates in certain areas than the large multi-state companies such as Allstate or State Farm.

Cheaper auto insurance in Philadelphia is definitely available on the web and also from your neighborhood Philadelphia agents, and you should be comparing both to get a complete price analysis. A few companies may not have the ability to get a quote online and usually these regional insurance providers provide coverage only through independent insurance agents.

Even more information can be read in these articles:

• Determining Auto Insurance Rates (GEICO)
• Who Has Affordable Car Insurance Quotes for Drivers Over Age 70 in Philadelphia? (FAQ)
• Who Has Affordable Car Insurance Rates for a Jeep Wrangler in Philadelphia? (FAQ)
• Five Mistakes to Avoid (Insurance Information Institute)
• What is a Telematics Device? (Allstate)