Wish you could get a refund on an overpriced insurance policy? Believe me, there are lots of people in the same boat.
Regrettably, nearly 70% of customers have bought insurance from the same company for at least four years, and 38% of customers have never quoted rates to find cheap coverage. Chicago drivers can cut their rates by almost 40% a year just by comparing rates, but they just don’t understand how easy it is to compare rate quotes. Lots of car insurance companies contend to insure your vehicles, so it’s not easy to compare every company to discover the definitive lowest rate possible on Porsche Boxster insurance in Chicago.
Most of the larger companies make it easy to get prices online. Getting quotes for Porsche Boxster insurance in Chicago is fairly simple as all you need to do is type in the coverage amounts you desire into a form. After you complete the form, the quote system pulls your credit score and driving record and returns a price quote determined by many factors. The ability to get online price quotes for Porsche Boxster insurance in Chicago streamlines rate comparisons, and it’s very important to get many rate quotes if you are searching for the best car insurance rates.
If you want to compare pricing, compare rate quotes from the providers shown below. If you have your current policy handy, we recommend you type in the coverage information identical to your current policy. This way, you will be getting rate comparison quotes based on the exact same insurance coverage.
The auto insurance companies shown below are ready to provide comparison quotes in Chicago, IL. If the list has multiple companies, we recommend you visit several of them to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Boxster 2-Dr Convertible||$160||$316||$214||$12||$64||$766||$64|
|Boxster S 2-Dr Convertible||$242||$530||$214||$12||$64||$1,062||$89|
|Get Your Own Custom Quote Go|
Prices based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Illinois minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Price estimates do not factor in specific garaging location which can decrease or increase insurance rates noticeably.
Do you need full coverage?
The diagram below examines Porsche Boxster yearly insurance costs with liability coverage only compared to full coverage. The information is based on no violations or claims, $500 deductibles, married female driver, and no discounts are applied to the premium.
When to stop buying comprehensive and collision coverage
There is no written rule for dropping physical damage coverage, but there is a guideline you can use. If the annual cost of having full coverage is more than around 10% of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.
For example, let’s say your Porsche Boxster replacement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $2,000 after paying your policy deductible. If you are currently paying more than $200 a year for your policy with full coverage, then you might consider buying liability only.
There are a few situations where dropping full coverage is not in your best interest. If you still have a lienholder on your title, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not buy liability only.
Careless driving habits raise Chicago auto insurance rates
The information below shows how speeding tickets and at-fault accidents can increase Porsche Boxster insurance costs for different categories of driver ages. The prices are based on a single male driver, comp and collision included, $500 deductibles, and no discounts are taken into consideration.
Auto insurance rates based on gender
The information below shows the comparison of Porsche Boxster insurance costs for male and female drivers. The premiums are based on no claims or driving citations, full coverage, $1,000 deductibles, drivers are not married, and no additional discounts are factored in.
Your auto insurance coverage should be tailored to you
Keep in mind that when it comes to choosing the right insurance coverage for your personal vehicles, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs and your auto insurance should be unique as well.
These are some specific questions can aid in determining whether or not you would benefit from professional advice.
- Is motorclub coverage worth it?
- Am I getting all the discounts available?
- Does low annual mileage earn a discount?
- What is an adequate liability insurance limit?
- Do I need to file an SR-22 for a DUI in Illinois?
- Is borrowed equipment or tools covered if stolen or damaged?
- Am I covered if I have no license?
- Can good grades get a discount?
- What exactly is covered by my policy?
- Is my custom stereo system covered?
If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.
Buying from insurance agencies
Many people prefer to get advice from a local agent and often times that is recommended Experienced insurance agents are highly skilled in risk management and help file insurance claims. An additional benefit of comparing auto insurance online is that drivers can save money and get the best rates but also keep your business local.
To help locate an agent, after submitting this short form, the quote information gets sent to agents in your area who can give free rate quotes and help you find cheaper coverage. You won’t even need to visit any agencies as quotes are delivered to you directly. In the event you want to quote rates for a specific company, you can always find their quoting web page and fill out their quote form.
Finding the right provider requires you to look at more than just the price. The following questions are important to ask.
- Will they take your side in the event of a claim?
- Which companies can they place coverage with?
- Is the agency covered by Errors and Omissions coverage?
- Will the agent or a CSR service your policy?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Can you contact them at any time?
- Will one accident increase rates?
If you prefer to buy auto insurance from a reliable insurance agent, you must know there are a couple types of insurance agents and how they function. Auto insurance agencies are classified as either independent agents or exclusive agents depending on their employer. Either can write auto insurance policies, but it’s worth learning why they differ because it can influence buying decisions.
Exclusive Insurance Agents
Agents that elect to be exclusive write business for a single company and some examples include Farmers Insurance, Allstate, or State Farm. These agents are not able to provide prices from multiple companies so you need to shop around if the rates are high. Exclusive insurance agents are trained well on their company’s products which aids in selling service over price.
Below is a short list of exclusive insurance agencies in Chicago willing to provide price quotes.
Independent insurance agents are not employed by any specific company and that gives them the ability to insure with multiple insurance companies enabling the ability to shop coverage around. To move your coverage to a new company, they simply switch companies in-house which is easy for the insured.
When shopping rates, you should always include price quotes from a few independent agents in order to compare the most rates.
Listed below are independent insurance agents in Chicago who can help you get price quote information.
Once you have positive responses for all questions you ask and locked in a price quote, it’s a good possibility that you have found an insurance agency that meets the criteria to service your policy. Just understand that you can always cancel your coverage whenever you want so never assume you’re contractually obligated to any particular company for the entire policy term.