Are you regretting buying an overpriced insurance policy? You’re preaching to the choir because there are many Laredo drivers thinking the same thing.
A study showed that almost 70% of insureds have remained with the same insurance company for four years or more, and nearly half have never shopped around. Drivers in Texas could save almost 70% a year just by getting comparison quotes, but they underestimate how much they could save if they replace their high priced policy. Consumers have multiple insurance companies to pick from, and though it is a good thing to have a choice, it can be more difficult to find the best rates for Porsche 911 insurance in Laredo.
Buying the cheapest car insurance in Laredo is quite easy. If you have a policy now, you stand a good chance to be able to lower your rates using the concepts covered in this article. Vehicle owners just need to use the best way to compare company rates from many different companies.
Most of the larger companies such as State Farm and Allstate allow you to get coverage price quotes on their websites. The process is easy for anyone as you simply type in the coverages you want as detailed in the form. When the form is submitted, their system will obtain your credit score and driving record and generates a price based on these factors. Getting online rates for Porsche 911 insurance in Laredo makes it easy to compare insurance prices and it is imperative to have as many quotes as possible if you are searching for the most affordable premium on car insurance.
In order to find out how much you’re overpaying now, compare rates from the companies below. If you currently have coverage, we recommend you copy deductibles and limits identical to your current policy. This guarantees you will get rate quotes for similar insurance coverage.
The companies in the list below are ready to provide comparison quotes in Laredo, TX. To get the best car insurance in TX, we suggest you compare several of them to get the most competitive price.
Facts and figures for Porsche 911 insurance
The premium information shown next outlines detailed analysis of insurance premium costs for Porsche 911 models. Learning how insurance prices are established can aid in making decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 911 Carrera 2 2-Dr Coupe | $268 | $578 | $388 | $24 | $116 | $1,374 | $115 |
| 911 Carrera 4 2-Dr Coupe | $290 | $578 | $388 | $24 | $116 | $1,396 | $116 |
| 911 Carrera 2 Cabriolet 2-Dr Convertible | $290 | $578 | $330 | $20 | $98 | $1,316 | $110 |
| 911 Carrera 2 S 2-Dr Coupe | $290 | $578 | $388 | $24 | $116 | $1,396 | $116 |
| 911 Carrera 4 Cabriolet 2-Dr Convertible | $290 | $578 | $330 | $20 | $98 | $1,316 | $110 |
| 911 Carrera 4S 2-Dr Coupe | $290 | $632 | $388 | $24 | $116 | $1,450 | $121 |
| 911 Carrera Targa 2-Dr Coupe | $290 | $632 | $388 | $24 | $116 | $1,450 | $121 |
| 911 Carrera 2 S 2-Dr Convertible | $290 | $632 | $330 | $20 | $98 | $1,370 | $114 |
| 911 Carrera 4S Cabriolet 2-Dr Convertible | $312 | $578 | $330 | $20 | $98 | $1,338 | $112 |
| 911 Carrera Targa S 2-Dr Coupe | $312 | $632 | $388 | $24 | $116 | $1,472 | $123 |
| 911 GT3 2-Dr Coupe | $312 | $688 | $388 | $24 | $116 | $1,528 | $127 |
| 911 GT3 RS 2-Dr Coupe | $358 | $742 | $388 | $24 | $116 | $1,628 | $136 |
| 911 Turbo 2-Dr Coupe | $358 | $742 | $388 | $24 | $116 | $1,628 | $136 |
| 911 Turbo 2-Dr Convertible | $358 | $796 | $330 | $20 | $98 | $1,602 | $134 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Information does not factor in Laredo location which can lower or raise premium rates greatly.
Comparison of policy deductibles
One common question asked by Laredo drivers is what deductibles to buy. The comparisons below can help illustrate the rate fluctuation when you choose different deductibles. The first rate table uses a $250 deductible for physical damage and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 911 Carrera 2 2-Dr Coupe | $446 | $938 | $382 | $22 | $114 | $1,927 | $161 |
| 911 Carrera 4 2-Dr Coupe | $484 | $938 | $382 | $22 | $114 | $1,965 | $164 |
| 911 Carrera 2 Cabriolet 2-Dr Convertible | $484 | $938 | $324 | $20 | $96 | $1,887 | $157 |
| 911 Carrera 2 S 2-Dr Coupe | $484 | $938 | $382 | $22 | $114 | $1,965 | $164 |
| 911 Carrera 4 Cabriolet 2-Dr Convertible | $484 | $938 | $324 | $20 | $96 | $1,887 | $157 |
| 911 Carrera 4S 2-Dr Coupe | $484 | $1026 | $382 | $22 | $114 | $2,053 | $171 |
| 911 Carrera Targa 2-Dr Coupe | $484 | $1026 | $382 | $22 | $114 | $2,053 | $171 |
| 911 Carrera 2 S 2-Dr Convertible | $484 | $1026 | $324 | $20 | $96 | $1,975 | $165 |
| 911 Carrera 4S Cabriolet 2-Dr Convertible | $522 | $938 | $324 | $20 | $96 | $1,925 | $160 |
| 911 Carrera Targa S 2-Dr Coupe | $522 | $1026 | $382 | $22 | $114 | $2,091 | $174 |
| 911 GT3 2-Dr Coupe | $522 | $1116 | $382 | $22 | $114 | $2,181 | $182 |
| 911 GT3 RS 2-Dr Coupe | $598 | $1204 | $382 | $22 | $114 | $2,345 | $195 |
| 911 Turbo 2-Dr Coupe | $598 | $1204 | $382 | $22 | $114 | $2,345 | $195 |
| 911 Turbo 2-Dr Convertible | $598 | $1292 | $324 | $20 | $96 | $2,355 | $196 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 911 Carrera 2 2-Dr Coupe | $362 | $756 | $382 | $22 | $114 | $1,636 | $136 |
| 911 Carrera 4 2-Dr Coupe | $394 | $756 | $382 | $22 | $114 | $1,668 | $139 |
| 911 Carrera 2 Cabriolet 2-Dr Convertible | $394 | $756 | $324 | $20 | $96 | $1,590 | $133 |
| 911 Carrera 2 S 2-Dr Coupe | $394 | $756 | $382 | $22 | $114 | $1,668 | $139 |
| 911 Carrera 4 Cabriolet 2-Dr Convertible | $394 | $756 | $324 | $20 | $96 | $1,590 | $133 |
| 911 Carrera 4S 2-Dr Coupe | $394 | $828 | $382 | $22 | $114 | $1,740 | $145 |
| 911 Carrera Targa 2-Dr Coupe | $394 | $828 | $382 | $22 | $114 | $1,740 | $145 |
| 911 Carrera 2 S 2-Dr Convertible | $394 | $828 | $324 | $20 | $96 | $1,662 | $139 |
| 911 Carrera 4S Cabriolet 2-Dr Convertible | $424 | $756 | $324 | $20 | $96 | $1,620 | $135 |
| 911 Carrera Targa S 2-Dr Coupe | $424 | $828 | $382 | $22 | $114 | $1,770 | $148 |
| 911 GT3 2-Dr Coupe | $424 | $900 | $382 | $22 | $114 | $1,842 | $154 |
| 911 GT3 RS 2-Dr Coupe | $486 | $970 | $382 | $22 | $114 | $1,974 | $165 |
| 911 Turbo 2-Dr Coupe | $486 | $970 | $382 | $22 | $114 | $1,974 | $165 |
| 911 Turbo 2-Dr Convertible | $486 | $1042 | $324 | $20 | $96 | $1,968 | $164 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Rate information does not factor in Laredo location which can decrease or increase price quotes greatly.
Using the data above, we can ascertain that using a $250 deductible could cost the average driver approximately $26 more each month or $312 a year across all Porsche 911 models than choosing the higher $500 deductible. Since you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you usually have at least 10 months between claim filings, you would most likely save money if you decide on a higher deductible.
Premiums by gender and age
The illustration below compares Porsche 911 insurance rates for male and female drivers. The rates are based on no driving violations, no at-fault accidents, full physical damage coverage, $500 deductibles, single status, and no discounts are factored in.
Cost comparison with and without full coverage
The example below illustrates the comparison of Porsche 911 car insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The information is based on no claims or driving violations, $1,000 deductibles, drivers are not married, and no discounts are factored in.
Are you wasting money on full coverage?
There is no clear-cut formula to stop buying comp and collision coverage, but there is a general convention. If the annual cost of your full coverage insurance is more than about 10% of any settlement you would receive from your insurance company, then you might consider buying liability only.
For example, let’s say your Porsche 911 settlement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $3,000 after paying the physical damage deductible. If you are currently paying more than $300 a year for physical damage coverage, then it’s probably a good time to buy liability coverage only.
There are some circumstances where only buying liability is not a good plan. If you haven’t satisfied your loan, you have to keep full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not drop full coverage.
You may need advice from an agent
Some consumers still prefer to buy from a licensed agent and there is nothing wrong with that. Licensed agents will help you protect your assets and will help you if you have claims. The best thing about price shopping on the web is you can get lower prices but still work with a licensed agent.
To find an agent, once you fill out this quick form, your information is sent to participating agents in Laredo who can give free rate quotes for your car insurance coverage. You won’t even need to drive around because quoted prices will be sent directly to you. If you want to compare rates from a particular provider, you would need to navigate to their website and fill out their quote form.
Finding the right insurer should include more criteria than just a low price. Here are some questions you might want to ask.
- Does the agency have a current Errors and Omissions policy?
- Does the agent help file claims?
- Will they take your side in the event of a claim?
- Is there a 24/7 contact number?
- Will high miles depreciate repair valuations?
- Do the agents have professional certifications like CPCU or CIC?
- Are claim adjusters local or do you have to take your car somewhere else?
Do you need an independent or exclusive car insurance agent?
If you are wanting to purchase car insurance from a good insurance agency, it can be helpful to understand the different types of agents and how they work. Car insurance agencies can either be independent (non-exclusive) or exclusive. Either can properly insure your vehicles, but it’s worth learning the subtle differences because it can factor into the selection process.
Exclusive Insurance Agencies
Exclusive agents work for only one company such as State Farm, AAA, and Liberty Mutual. They are unable to provide other company’s prices so they have no alternatives for high prices. They are usually well trained on what they offer which helps them compete with independent agents.
Shown below are exclusive agents in Laredo who may provide you with price quotes.
Farmers Insurance – Gabriel Medina
9807 Mines Rd #6 – Laredo, TX 78045 – (956) 645-2510 – View Map
Anabella Herbig – State Farm Insurance Agent
315 Calle Del Norte Dr #103 – Laredo, TX 78041 – (956) 725-1617 – View Map
Texas Farm Bureau Insurance – Melissa Arce
1505 Calle Del Norte Dr #210 – Laredo, TX 78041 – (956) 712-3276 – View Map
Independent Car Insurance Agents
Independent agencies are appointed with more than one company so they can quote policies through many companies and potentially find a lower price. If your premiums go up, they simply move your policy to a different company and you don’t have to switch agencies. If you are comparing rate quotes, we highly recommend that you get insurance quotes from independent agents to maximize your price options.
The following is a short list of independent insurance agents in Laredo who can help you get price quotes.
Castillo Insurance Agency
1413 E San Carlos St – Laredo, TX 78041 – (956) 727-0129 – View Map
Lozano Insurance
519 E Gustavus St – Laredo, TX 78040 – (956) 725-2167 – View Map
Delgado Insurance Agency, LC
9902 McPherson Rd #6 – Laredo, TX 78045 – (956) 728-7377 – View Map
After talking to the agent and getting good responses and a good coverage price, you may have found a car insurance agent that meets your needs to properly service your car insurance policy.