Are you looking for a better way to compare low-cost Porsche Boxster insurance in Tucson? Finding cheaper insurance for a Porsche Boxster in Arizona can be a lot of work, but you can use these tips to save time.
There is a better way to buy car insurance and we’ll show you the best way to quote coverages for a Porsche and obtain the lowest price from Tucson insurance agents and online providers.
Lowering your insurance rates is actually quite simple. You just have to take a couple of minutes comparing rate quotes online with multiple companies.
The following companies are our best choices to provide price comparisons in Arizona. If your goal is to find the cheapest auto insurance in Tucson, it’s a good idea that you visit as many as you can to get the best price comparison.
Porsche Boxster coverage analysis
The premium information below outlines different policy rates for Porsche Boxster models. Having a good understanding how car insurance premiums are figured can be useful when making decisions when shopping your coverage around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Boxster 2-Dr Convertible | $318 | $726 | $308 | $18 | $92 | $1,462 | $122 |
| Boxster S 2-Dr Convertible | $350 | $822 | $308 | $18 | $92 | $1,590 | $133 |
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Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Table data does not factor in specific garaging location which can increase or decrease coverage prices substantially.
The example below shows how choosing a deductible and can increase or decrease Porsche Boxster insurance prices for different age groups. The prices are based on a single male driver, comprehensive and collision coverage, and no additional discounts are factored in.
Cost comparison with and without full coverage
The information below illustrates the comparison of Porsche Boxster premium costs with liability coverage only compared to full coverage. The premium estimates are based on no claims or driving citations, $100 deductibles, marital status is single, and no discounts are taken into consideration.
When to switch to liability coverage only
There isn’t a steadfast formula to stop paying for comp and collision coverage, but there is a general school of thought. If the annual cost of coverage is more than 10% of the settlement you would receive from your company, then you might want to think about dropping full coverage.
For example, let’s say your Porsche Boxster settlement value is $6,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $5,000 after paying your policy deductible. If it’s costing you more than $500 a year for full coverage, then it might be time to consider dropping full coverage.
There are some scenarios where buying only liability insurance is not advised. If you still owe a portion of the original loan, you must maintain physical damage coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not remove full coverage.
Insurance Cost Influencing Factors
Consumers need to have an understanding of some of the factors that help determine the level of your policy premiums. If you know what determines premiums, this enables you to make decisions that may reward you with lower premium levels.
Uninterrupted coverage saves money – Driving your car without having proper coverage is illegal and you may have a hard time finding new coverage because you let your coverage have a gap. In addition to paying higher rates, the inability to provide proof of insurance could result in a fine, jail time, or a revoked license. You will then be forced to submit proof of financial responsibility or a SR-22 with the Arizona motor vehicle department.
Stay claim-free and save – If you tend to file frequent claims, you should expect increased rates or even have your policy non-renewed. Auto insurance companies in Arizona award cheaper rates to policyholders who only file infrequent claims. Insurance coverage is designed for major claims that would cause financial hardship.
Safer the car lower the rate – Safer cars tend to have better insurance rates. Vehicles engineered for safety reduce the chance of injuries and lower injury rates means lower claim amounts which can result in lower premiums. If the Porsche Boxster scored at minimum four stars on Safercar.gov it is probably cheaper to insure.
Poor credit can mean higher rates – Having a good credit history is likely to be a major factor in determining what you pay for car insurance. People that have good credit tend to be better drivers and file fewer claims than those with lower credit ratings. So if your credit history is not that good, you could pay less to insure your Porsche Boxster by repairing your credit.
Porsche Boxster claim probability – Auto insurance companies analyze historical claim data to help calculate premium rates. Models that the data shows to have higher claim amounts or frequency will be charged more to insure. The next table illustrates the historical loss data for Porsche Boxster vehicles.
For each type of coverage, the loss probability for all vehicles, without regard to make or model, is a value of 100. Values that are below 100 mean the vehicle has better than average losses, while numbers shown that are more than 100 indicate higher probability of having a loss or tendency to have higher 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
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Auto insurance in Arizona serves several purposes
Despite the fact that auto insurance is not cheap in Tucson, paying for auto insurance is required in Arizona but also provides important benefits.
- The majority of states have minimum liability requirements which means the state requires specific limits of liability insurance in order to license the vehicle. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a lien on your Porsche, it’s most likely the lender will require you to have comprehensive coverage to guarantee payment of the loan. If the policy lapses, the bank may insure your Porsche at an extremely high rate and require you to pay the higher premium.
- Auto insurance protects not only your Porsche Boxster but also your assets. It also can pay for medical expenses that are the result of an accident. Liability coverage will also pay attorney fees in the event you are sued. If your Porsche gets damaged, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of carrying adequate insurance more than offset the price you pay, especially for larger claims. Today the average American driver is overpaying more than $820 a year so you should quote your policy with other companies at least once a year to help ensure money is not being wasted.
Tucson car insurance company ratings
Selecting the highest-rated car insurance company can be rather challenging considering how many different companies insure vehicles in Tucson. The company ratings in the next section could help you choose which car insurance companies you want to consider to insure your vehicles.
Top 10 Tucson Car Insurance Companies Ranked by Customer Service
- State Farm
- GEICO
- The Hartford
- Mercury Insurance
- Progressive
- The General
- Allstate
- AAA Insurance
- American Family
- Nationwide