If you want to save money, the best way to find cheaper quotes for Porsche Cayenne insurance in Columbus is to compare prices regularly from companies that insure vehicles in Ohio.
- Spend some time learning about how companies set rates and the steps you can take to prevent high rates. Many things that drive up the price like your driving record and a substandard credit score can be rectified by making small lifestyle or driving habit changes.
- Get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can provide rates from a single company like GEICO and Allstate, while independent agents can quote rates for a wide range of companies.
- Compare the new rate quotes to the price on your current policy to see if you can save by switching companies. If you find a better price and change companies, make sure coverage does not lapse between policies.
One bit of advice is that you’ll want to make sure you compare the same liability limits and deductibles on each price quote and and to look at as many auto insurance providers as possible. This guarantees a fair price comparison and the best price selection.
We don’t have to point out that fact that car insurance companies want to keep you from comparing rates. People who shop around for better prices will presumably move their business because the odds are good of finding lower prices. A recent auto insurance study revealed that drivers who shopped around saved on average $72 a month compared to other drivers who never compared other company’s rates.
If finding the lowest price for Porsche Cayenne insurance in Columbus is your ultimate target, then having an understanding of how to quote prices and compare insurance premiums can help simplify the process.
The companies in the list below offer price comparisons in Columbus, OH. If more than one company is shown, it’s highly recommended you get prices from several of them to get the best price comparison.
Lower-cost Columbus auto insurance rates with discounts
Some companies don’t necessarily list the entire discount list in a way that’s easy to find, so the next list breaks down a few of the more common and also the lesser-known discounts that may be available.
- Driver’s Ed – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class if offered at their school.
- Clubs and Organizations – Participating in a qualifying organization could trigger savings on your next auto insurance statement.
- Multiple Policy Discount – If you can bundle your homeowners and auto insurance and place coverage with the same company they may give you a discount of as much as 10 to 15 percent.
- Accident Free – Good drivers with no accidents can earn big discounts when compared to frequent claim filers.
- Home Ownership Discount – Being a homeowner may earn you a small savings because it shows financial diligence.
- First Accident Forgiveness – Not necessarily a discount, but a handful of insurance companies will turn a blind eye to one accident without getting socked with a rate hike so long as you haven’t had any claims for a certain period of time.
Please keep in mind that most discount credits are not given to the entire cost. Most only apply to the cost of specific coverages such as collision or personal injury protection. Even though it appears you would end up receiving a 100% discount, auto insurance companies aren’t that generous.
The illustration below visualizes the comparison of Porsche Cayenne auto insurance costs with and without discounts applied to the premium. The prices are based on a male driver, no tickets, no at-fault accidents, Ohio 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 safe-driver, multi-policy, multi-car, claim-free, marriage, and homeowner discounts applied.
Large auto insurance companies and their possible discounts are shown below.
- GEICO has discounts for defensive driver, daytime running lights, five-year accident-free, emergency military deployment, good student, anti-theft, and multi-policy.
- Travelers policyholders can earn discounts including student away at school, continuous insurance, driver training, home ownership, payment discounts, multi-car, and IntelliDrive.
- Farm Bureau offers premium reductions for multi-policy, renewal discount, youthful driver, driver training, multi-vehicle, good student, and 55 and retired.
- Liberty Mutual offers discounts for multi-policy, preferred payment discount, newly married, exclusive group savings, new graduate, and new vehicle discount.
- American Family may have discounts that include early bird, TimeAway discount, good student, air bags, accident-free, and bundled insurance.
- Progressive offers discounts including homeowner, multi-policy, good student, online quote discount, continuous coverage, and multi-vehicle.
Before buying, ask every insurance company what discounts are available to you. Some of the earlier mentioned discounts might not be offered in Columbus. If you would like to see a list of providers that provide some of the discounts listed above in Columbus, click here.
Porsche Cayenne insurance statistics and information
The information shown below showcases detailed analysis of insurance prices for Porsche Cayenne models. Learning more about how rate quotes are figured is important to be able to make informed coverage decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cayenne | $166 | $310 | $306 | $18 | $92 | $892 | $74 |
| Cayenne S | $182 | $350 | $306 | $18 | $92 | $948 | $79 |
| Cayenne GTS | $182 | $392 | $306 | $18 | $92 | $990 | $83 |
| Cayenne S Transyberia | $182 | $392 | $306 | $18 | $92 | $990 | $83 |
| Cayenne GTS PD Edition 3 | $198 | $432 | $306 | $18 | $92 | $1,046 | $87 |
| Cayenne Turbo | $214 | $432 | $306 | $18 | $92 | $1,062 | $89 |
| Cayenne Turbo S | $244 | $514 | $306 | $18 | $92 | $1,174 | $98 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Information does not factor in vehicle location which can change rates noticeably.
The example below demonstrates how choosing different deductibles and can change Porsche Cayenne insurance prices for each different age category. The costs are based on a single female driver, full physical damage coverage, and no additional discounts are factored in.
Should you buy full coverage?
The information below illustrates the difference between Porsche Cayenne insurance costs with full physical damage coverage compared to only buying liability only. The data assumes a clean driving record, no claims, $100 deductibles, drivers are not married, and no discounts are applied to the premium.
Should you be buying full coverage?
There isn’t a written rule for excluding full coverage, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of the settlement you would receive from your company, then you may want to consider only buying liability coverage.
For example, let’s assume your Porsche Cayenne settlement value is $6,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would receive is $5,000 after the policy deductible has been paid. If you are paying over $500 a year for full coverage, the it may be a good time to stop paying for full coverage.
There are some conditions where dropping full coverage is not recommended. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not eliminate full coverage.
Get Cheap Insurance with These Tips
Multiple criteria are part of the equation when pricing auto insurance. Some are pretty understandable such as your driving record, but other factors are less apparent such as your marital status or your commute time. An important part of buying insurance is that you know a few of the rating criteria that go into determining the rates you pay for insurance. If you have a feel for what determines premiums, this enables you to make decisions that could help you find much lower annual insurance costs.
Insurance rates and vehicle performance – The performance level of the car you are buying insurance for makes a significant difference in the rate you pay. Lower performance four cylinder passenger models generally have the cheapest insurance rates, but many other things help determine your insurance rates.
The next chart assumes a single female driver age 50, full coverage with $250 deductibles, and no discounts or violations. The data compares Porsche Cayenne policy rates compared to other makes and models that have different performances.
Always keep your policy in place – Not having insurance can get your license suspended and your next policy will cost more because you let your insurance coverage expire. In addition to paying higher premiums, failure to provide proof of insurance could result in a hefty fine and possibly a revoked license. You will then be forced to provide proof of insurance in the form of an SR-22 filing with the Ohio motor vehicle department to get your license reinstated.
Improve your credit rating and save – An insured’s credit history is a large factor in calculating your premium rate. People with very high credit ratings tend to be better drivers and file fewer claims as compared to drivers with lower ratings. If your credit history is not that good, you could save money insuring your Porsche Cayenne if you improve your credit rating.
Being married can lower prices – Your spouse helps lower the price when shopping for insurance. Marriage may mean you are more mature than a single person and insurance companies reward insureds because married drivers tend to file fewer claims.
Porsche Cayenne claim statistics – Auto insurance companies analyze claim trends for every vehicle as a tool for profitable underwriting. Models that statistically have higher losses will have a higher premium rate. The table below shows the historical insurance loss data for Porsche Cayenne vehicles.
For each coverage type, the loss probability for all vehicles, regardless of make, model or trim level, is a value of 100. Values that are 100 or less suggest a positive loss record, while numbers shown that are more than 100 show a trend for more claims or an increased chance of larger losses than average.
| Vehicle 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 |
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Buying from insurance agents
A lot of people would rather have an agent’s advice and that is not a bad decision Good agents can answer important questions and will help you if you have claims. A nice benefit of getting online price quotes is that drivers can save money and get cheap rate quotes and still choose a local agent.
To find an agent, once you fill out this short form, the quote information is submitted to agents in your area that can provide free Columbus auto insurance quotes for your auto insurance coverage. You don’t have to leave your house as quotes are delivered to you directly. If you need to get a comparison quote from a specific insurance company, you can always navigate to their website and submit a quote form there.
Finding the right insurance company should depend on more than just the quoted price. You should also get answers to these questions.
- Can you contact them at any time?
- Is every driver in your family covered?
- When do they do a full risk review?
- Do the agents have professional certifications like CPCU or CIC?
- How much experience to they have in personal lines coverages?
- How are they compensated?
- Is vehicle mileage a factor when determining depreciation for repairs?
Your insurance coverage should be tailored to you
Keep in mind that when it comes to choosing adequate coverage, there really isn’t a cookie cutter policy. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply.
For example, these questions may help highlight if your insurance needs might need professional guidance.
- Does my insurance cover my expensive audio equipment?
- What is the minimum liability in Ohio?
- Why do I only qualify for high-risk insurance?
- Is upholstery damage covered by car insurance?
- Can I afford to buy a different vehicle if my Porsche Cayenne is totaled?
- Who is covered by my policy?
- How can I get the company to pay a claim?
If you don’t know the answers to these questions then you might want to talk to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.
How much can you save?
Some insurance providers do not provide the ability to get quotes online and many times these small, regional companies sell through independent insurance agencies. Budget-conscious Porsche Cayenne insurance is attainable on the web and from local insurance agents, and you should be comparing both to get a complete price analysis.
When shopping online for insurance, make sure you don’t reduce coverage to reduce premium. Too many times, consumers will sacrifice collision coverage and learned later that the savings was not a smart move. Your goal should be to buy enough coverage at a price you can afford, but don’t skip important coverages to save money.
For more information, feel free to browse the resources below:
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- What Auto Insurance is Cheapest for Good Students in Columbus? (FAQ)
- Who Has Cheap Columbus Car Insurance for Unemployed Drivers? (FAQ)
- What Car Insurance is Cheapest for a Nissan Rogue in Columbus? (FAQ)
- How Much are Auto Insurance Rates for a 20 Year Old Female in Columbus? (FAQ)
- Drunk Driving Statistics (Insurance Information Institute)
- Teen Driving Statistics (GEICO)
- Your Car has been Stolen: Now What? (Allstate)