It’s safe to assume that auto insurance companies want to keep your business as long as possible. Consumers who compare rates at least once a year will probably buy a new policy because there is a great chance of finding a policy with more affordable rates. A recent survey found that consumers who made a habit of comparing rates saved an average of $850 each year as compared to drivers who never shopped around.
If finding low prices for insurance is your ultimate goal, then having some knowledge of the best way to compare insurance premiums can save money and time.
The most effective way to find affordable quotes for Porsche Boxster insurance in San Jose is to do an annual price comparison from insurers in California.
- Get a basic knowledge of car insurance and the changes you can make to prevent expensive coverage. Many factors that result in higher rates like accidents, careless driving, and an unfavorable credit rating can be rectified by making minor changes in your lifestyle. This article provides more information to get better rates and find more discounts that you may not know about.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like Progressive or State Farm, while independent agents can quote prices from multiple companies. View rates
- Compare the price quotes to the price on your current policy to determine if you can save on Boxster insurance in San Jose. If you find a lower rate quote, verify that coverage does not lapse between policies.
The most important part of shopping around is to try to use identical coverages on each quote request and and to get price estimates from as many companies as you can. This enables the most accurate price comparison and and a good selection of different prices.
The easiest way to compare car insurance rates for Porsche Boxster insurance in San Jose takes advantage of the fact all the major auto insurance companies actually pay money for the chance to quote your coverage. The only thing you need to do is give the companies some data including deductibles desired, how old drivers are, any included safety features, and how much school you completed. The data is instantly sent to many different companies and they return rate quotes immediately.
To start a rate quote now, click here and enter the information requested.
The companies in the list below offer comparison quotes in San Jose, CA. If the list has multiple companies, we suggest you visit several of them to find the most competitive car insurance rates.
These discounts can slash Porsche Boxster insurance rates
Insuring your vehicles can cost a lot, but discounts can save money and there are some available that you may not even be aware of. Larger premium reductions will be automatically applied when you complete an application, but lesser-known reductions have to be specially asked for before being credited.
- Military Discounts – Being on active deployment in the military could be rewarded with lower premium rates.
- Student Discounts – A discount for being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
- Good Driver Discounts – Insureds without accidents could pay up to 40% less than drivers with accident claims.
- Early Switch Discount – A few larger companies allow discounts for switching companies early. Ten percent is about the average savings.
- Sign Online – Some of the larger companies give back up to $50 for buying a policy and signing up on the internet.
- Braking Control Discount – Cars and trucks with ABS and/or traction control are safer to drive and the ABS can save up to 10%.
It’s important to note that many deductions do not apply to the entire cost. Some only apply to the cost of specific coverages such as liability, collision or medical payments. Just because it seems like you could get a free auto insurance policy, it’s just not the way it works. Any qualifying discounts will reduce the cost of your policy.
The illustration below shows the difference between Porsche Boxster insurance prices with and without discounts being applied to the rates. The costs are based on a male driver, a clean driving record, no at-fault accidents, California state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, homeowner, safe-driver, claim-free, and marriage discounts applied.
Large auto insurance companies and their offered discounts can be found below.
- GEICO offers discounts including air bags, seat belt use, daytime running lights, anti-lock brakes, and anti-theft.
- USAA has discounts for multi-vehicle, loyalty savings, defensive driver, military installation, new vehicle, and safe driver.
- Progressive offers premium reductions for online signing, continuous coverage, multi-policy, online quote discount, good student, multi-vehicle, and homeowner.
- American Family may have discounts that include air bags, mySafetyValet, TimeAway discount, good driver, and defensive driver.
- Esurance may include discounts for Switch & Save, Pac-12 alumni, multi-car, DriveSense, renters, safety device, and online shopper.
- Farmers Insurance discounts include business and professional, distant student, mature driver, alternative fuel, electronic funds transfer, and teen driver.
- State Farm offers discounts for good student, multiple autos, good driver, Steer Clear safe driver discount, and anti-theft.
Double check with each insurance company which discounts they offer. Discounts may not be available in San Jose. To locate companies that offer multiple discounts in California, click this link.
Rates and detailed analysis
The table below outlines different policy rates for Porsche Boxster models. Being more informed about how auto insurance premiums are determined helps drivers make smart choices when comparing insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Boxster 2-Dr Convertible | $294 | $604 | $508 | $30 | $152 | $1,588 | $132 |
| Boxster S 2-Dr Convertible | $324 | $684 | $508 | $30 | $152 | $1,698 | $142 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Information does not factor in specific San Jose garaging location which can affect price quotes substantially.
Higher deductibles save money
One of the hardest decisions when shopping for auto insurance is how high should the physical damage coverage deductibles be. The following tables can help you understand the differences in price of buying low and high insurance deductibles. The first set of prices uses a $100 deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Boxster 2-Dr Convertible | $478 | $932 | $376 | $22 | $112 | $1,945 | $162 |
| Boxster S 2-Dr Convertible | $528 | $1054 | $376 | $22 | $112 | $2,117 | $176 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Boxster 2-Dr Convertible | $266 | $490 | $376 | $22 | $112 | $1,266 | $106 |
| Boxster S 2-Dr Convertible | $292 | $556 | $376 | $22 | $112 | $1,358 | $113 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Price estimates do not factor in specific San Jose garaging location which can alter premium rates substantially.
Based on this data, using a $100 deductible could cost the average driver approximately $59 more each month or $708 for a full year across all Porsche Boxster models than quoting the higher $1,000 deductible. Because you would be required to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you normally go more than 15 months between claims, you would come out ahead if you choose the higher deductible.
How to calculate deductible break even point
| Average monthly premium for $100 deductibles: | $169 |
| Average monthly premium for $1,000 deductibles (subtract): | – $110 |
| Monthly savings from raising deductible: | $59 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $59 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 15 months |
Careless driving habits raise auto insurance rates
The information below illustrates how speeding tickets and at-fault collisions can affect Porsche Boxster car insurance costs for each different age category. The price estimates are based on a married female driver, full coverage, $100 deductibles, and no discounts are taken into consideration.
Age-based auto insurance rates by gender
The illustration below compares Porsche Boxster insurance costs for male and female drivers. The costs are based on no claims or violations, full physical damage coverage, $250 deductibles, single status, and no additional discounts are factored in.
Liability only or full coverage
The example below illustrates the difference between Porsche Boxster premium costs when comparing full coverage to liability only. The prices are based on no violations or accidents, $250 deductibles, single marital status, and no discounts are applied.
Should you pay for full coverage or liability only?
There is no set guideline of when to exclude physical damage insurance, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is about 10% or more of any settlement you would receive from your insurance 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 totaled, you would only receive $5,000 after paying your policy deductible. If premiums are more than $500 annually for full coverage, then it might be time to buy liability only.
There are some scenarios where dropping full coverage is not recommended. If you haven’t satisfied your loan, you must maintain physical damage coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should keep full coverage on your policy.
How to Lower Your Insurance Costs
Many different elements are taken into consideration when you quote your car insurance policy. Most are fairly basic such as your driving record, but other factors are not quite as obvious like your continuous coverage or your financial responsibility.
Your occupation is a factor – Did you know your career choice can influence rates? Careers such as military personnel, social workers, and miners usually pay higher rates than the rest of us due to job stress and lots of time spent at work. Other jobs such as scientists, students and retirees get better rates.
Drive a fast car, truck or SUV and pay more – The make and model of the vehicle you drive makes a big difference in your car insurance bill. The cheapest insurance rates are for economy passenger cars, but many other things help determine your insurance rates.
The next chart assumes a single female driver age 30, full coverage with $100 deductibles, and no discounts or violations. It compares Porsche Boxster car insurance rates compared to other models of vehicles that have different risk factors.
Alarms and GPS tracking lower prices – Choosing a vehicle with anti-theft technology or alarm system can help lower your premiums. Theft deterrent systems like OnStar, LoJack tracking, and tamper alarms all hinder car theft and help bring rates down.
Less chance of injury means lower prices – Safe vehicles cost less to insure. Highly rated vehicles reduce occupant injuries and lower rates of occupant injuries translates directly to fewer claims passed on to you as lower rates. If the Porsche Boxster has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
Porsche Boxster claim statistics – Auto insurance companies use past insurance losses to help calculate a profitable premium price. Vehicles that statistically have a trend towards higher claims will have higher rates. The table below shows the historical insurance loss data for Porsche Boxster vehicles.
For each policy coverage type, the statistical loss for all vehicles, regardless of make or model, equals 100. Values below 100 imply a favorable loss record, while percentage values above 100 show a trend for more claims or tendency to have higher losses.
| 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: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Local San Jose insurance agents and car insurance
A small number of people still like to have an agent’s advice and that is a smart decision Most agents are trained to spot inefficiencies and help submit paperwork. One of the benefits of price shopping on the web is the fact that you can find cheap rate quotes and still choose a local agent.
Upon completion of this short form, your insurance data is emailed to insurance agents in San Jose who want to provide quotes and help you find cheaper coverage. You never need to leave your house since rate quotes are delivered immediately to your email address. If you need to compare rates from one company in particular, you can always visit that company’s website and submit a quote form there.
Choosing a insurance company shouldn’t rely on just a cheap price quote. Agents should be asked these questions:
- What insurance companies do they work with in San Jose?
- Which companies do they recommend if they are an independent agency?
- Do they specialize in personal lines auto insurance in San Jose?
- Who is covered by the car insurance policy?
- Will the agent or a CSR service your policy?
How to choose the best auto insurance agent in San Jose
When finding a local agent, there are a couple of types of agencies that you can choose from. Agents in San Jose are considered either exclusive or independent (non-exclusive). Both types can provide car insurance policies, but it’s worth mentioning how they are different since it could factor into which type of agent you select.
Exclusive Insurance Agencies
Exclusive insurance agents can only place business with one company and examples are Farmers Insurance, American Family, State Farm and Allstate. They are unable to provide other company’s prices so they have to upsell other benefits. These agents receive extensive training on what they offer which helps offset the inability to provide other markets. Consumers sometimes buy insurance from these agents mainly due to loyalty to the company instead of buying on price only.
Shown below is a list of exclusive agents in San Jose willing to provide price quotes.
- Jim Edington – State Farm Insurance Agent
361 Piercy Rd – San Jose, CA 95138 – (408) 225-2463 – View Map - Kathy Barber – State Farm Insurance Agent
5615 Cottle Rd – San Jose, CA 95123 – (408) 365-7268 – View Map - Allstate Insurance: Phuong Tran
510 N 1st St Ste 224 – San Jose, CA 95112 – (408) 993-9898 – View Map
Independent Agencies or Brokers
Agents that choose to be independent are not restricted to one company so they can quote policies with many different companies depending on which coverage is best. If premiums increase, they can switch companies in-house which makes it simple for you.
When comparing rate quotes, it’s a good idea to get some free quotes from a few independent agents for the best price selection. Most independent agents also contract with smaller mutual companies that many times have cheaper rates.
The following is a short list of independent insurance agencies in San Jose who can help you get price quotes.
- Taylor Benefits Insurance Agency
4820 Harwood Rd #130 – San Jose, CA 95124 – (408) 358-7502 – View Map - Sergio Plascencia Insurance Agency
3136 Story Rd – San Jose, CA 95127 – (408) 254-8336 – View Map - Lords Insurance Agency Inc
2239 Moorpark Ave #100 – San Jose, CA 95128 – (408) 289-5445 – View Map
What insurance coverages do I need?
When choosing a policy for your vehicles, there really isn’t a cookie cutter policy. Each situation is unique.
Here are some questions about coverages that could help you determine if you might need professional guidance.
- Is a fancy paint job covered?
- When can I cancel my policy?
- Do I need medical payments coverage since I have good health insurance?
- When should I not file a claim?
- Do I have coverage for damage caused while driving under the influence?
- If my pet gets injured in an accident are they covered?
- Can I get a multi-policy discount for packaging my home and auto coverage?
If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It’s fast, free and may give you better protection.
Compare. Compare. Compare.
In this article, we presented quite a bit of information on how to save on Porsche Boxster insurance in San Jose. The most important thing to understand is the more price quotes you have, the higher the chance of saving money. You may even be surprised to find that the biggest savings come from some of the smallest insurance companies.
When searching for cheaper San Jose auto insurance quotes, it’s not a good idea to skimp on critical coverages to save a buck or two. In too many instances, someone sacrificed collision coverage and discovered at claim time that the small savings ended up costing them much more. Your goal is to get the best coverage possible at the best possible price and still be able to protect your assets.
Consumers leave their current company for a variety of reasons including extreme rates for teen drivers, denial of a claim, high prices and delays in paying claims. Regardless of your reason for switching companies, finding a great new company is not as hard as you think.
For more information, feel free to browse the following helpful articles:
- State Laws for Cellphones and Texting (iihs.org)
- What Auto Insurance is Cheapest for a School Permit in San Jose? (FAQ)
- Who Has Cheap Auto Insurance for a Ford Fusion in San Jose? (FAQ)
- Who Has Cheap Auto Insurance Rates for 18 Year Olds in San Jose? (FAQ)
- Who Has Affordable Car Insurance for Real Estate Agents in San Jose? (FAQ)
- Car Insurance: When not to Skimp (BankRate.com)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)