Find Cheaper Porsche Cayman Insurance in Tampa

Would you like to find the cheapest Porsche Cayman insurance in Tampa? Sick and tired of scraping nickels together to insure your Porsche every month? You are no different than the majority of other people in Florida.

Insurance for Porsche CaymanA recent survey discovered that about 70% of customers have remained with the same car insurance company for well over three years, and just under half have never shopped around. With the average premium in the United States being $1,847, drivers could save an average of approximately 46.5% each year by just comparing rate quotes, but they don’t know the large savings they would see if they switched to a more affordable policy.

Having so many options when it comes to car insurance, it’s difficult to pick the lowest cost insurer.

Consumers need to compare prices yearly because car insurance prices fluctuate regularly. Just because you found the best price on Porsche Cayman insurance in Tampa on your last policy other companies may now be cheaper. Ignore everything you know about car insurance because you’re going to get a crash course in the fastest way to remove unneeded coverages and save money.

Pricing the best-priced coverage in Tampa is not as hard as you think. In essence, anyone who carries auto insurance will find better rates. But Florida consumers must comprehend how big insurance companies determine how much to charge and use it to find better rates.

The quickest method we recommend to get rate comparisons for Porsche Cayman insurance in Tampa is to understand most larger insurance companies pay for the opportunity to provide you with a free rate quote. The one thing you need to do is provide details such as whether you have decent credit, if you are currently licensed, how much coverage you want, and driver details. The rating information is automatically sent to many highly-rated insurers and they return rate quotes instantly.

To find the cheapest Porsche Cayman insurance rates, click here and find out if lower rates are available in Tampa.

The companies in the list below have been selected to offer quotes in Florida. If you want cheaper auto insurance in Tampa, FL, we recommend you visit two to three different companies in order to find the cheapest rates.

Porsche Cayman coverage statistics

The information displayed next showcases a range of insurance rates for Porsche Cayman models. Being more informed about how insurance rates are formulated can be useful when making smart choices when choosing a car insurance company.

Porsche Cayman Insurance Rates in Tampa, FL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cayman 2-Dr Coupe $264 $592 $542 $32 $162 $1,592 $133
Cayman S 2-Dr Coupe $264 $662 $542 $32 $162 $1,662 $139
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Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Rate quotes do not factor in vehicle garaging location which can lower or raise prices significantly.

Physical damage deductible comparison

One of the more difficult decisions when buying car insurance is how high should the physical damage deductibles be. The tables below outline the cost difference when you buy lower versus higher insurance deductibles. The first table uses a $100 deductible for comprehensive and collision coverage and the second rate table uses a $1,000 deductible.

Porsche Cayman insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cayman 2-Dr Coupe $498 $994 $418 $24 $124 $2,083 $174
Cayman S 2-Dr Coupe $498 $1110 $418 $24 $124 $2,199 $183
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Porsche Cayman insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cayman 2-Dr Coupe $276 $524 $418 $24 $124 $1,366 $114
Cayman S 2-Dr Coupe $276 $586 $418 $24 $124 $1,428 $119
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Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Rates do not factor in Tampa location which can affect price quotes substantially.

Using the premium rates above, we can conclude that using a $100 deductible costs approximately $62 more each month or $744 a year averaged for all Cayman models than choosing 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 average at least 15 months between claims, you would most likely save money if you decide on a higher deductible. Here is how you can decide this on your own policy.

Average monthly premium for $100 deductibles: $179
Average monthly premium for $1,000 deductibles (subtract): – $117
Monthly savings from raising deductible: $62
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $62
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

How accidents and violations affect rates

The illustration below shows how violations and at-fault accidents can affect Porsche Cayman auto insurance rates for different insured age categories. The premium estimates are based on a single female driver, full coverage, $100 deductibles, and no policy discounts are applied.

Full coverage versus liability only rates

The example below illustrates the difference between Porsche Cayman auto insurance rates with full coverage compared to only the Florida minimum liability coverage. The rates are based on a clean driving record, no claims, $500 deductibles, marital status is single, and no discounts are taken into consideration.

Should you pay for full coverage or liability only?

There is no exact rule to eliminate physical damage coverage, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.

For example, let’s assume your Porsche Cayman claim settlement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company would pay you is $5,000 after paying your deductible. If you are paying in excess of $500 annually for full coverage, then you might consider buying liability only.

There are some scenarios where dropping physical damage coverage is not financially feasible. If you still have a lienholder on your title, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.

Car insurance agents can help

A lot of people still like to sit down and talk to an agent and that can be a great decision A good thing about comparing insurance prices online is that you can find better rates and also buy local. And providing support for local agents is important especially in Tampa.

Insurance agency in TampaTo find an agent, once you fill out this quick form, the quote information is sent to participating agents in Tampa who want to provide quotes and help you find cheaper coverage. You won’t need to search for an agent because quoted prices will be sent immediately to your email address. You’ll get the best rates and an insurance agent to talk to. In the event you want to get a comparison quote from a specific car insurance provider, you just need to visit that company’s website and give them your coverage information.

When looking for a reliable insurance agent, it’s helpful to know the types of agencies and how they differ in how they can insure your vehicles. Car insurance agents can be classified as either independent agents or exclusive agents.

Independent Car Insurance Agencies

These agents are not required to write business for one company so they can quote policies with a variety of different insurance companies and find the cheapest rate. If you want to switch companies, the business is moved internally which requires no work on your part.

When searching for an agent, you absolutely need to get quotes from several independent insurance agents to get the best comparison.

Below is a partial list of independent insurance agencies in Tampa that may be able to provide free car insurance quotes.

Tampa, FL 33603Tampa, FL 33603(813) 442-4179View Map

E J Ferro Insurance Agency
Tampa, FL 33647Tampa, FL 33647(813) 926-1515View Map

3410 Henderson BlvdTampa, FL 33609(813) 347-5555View Map

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Exclusive Insurance Agents

Agents that choose to be exclusive have only one company to place business with and examples are American Family, State Farm, and AAA. They are unable to compare rates from other companies so it’s a take it or leave it situation. Exclusive agencies are usually well trained on sales techniques which helps them compete with independent agents.

Below are exclusive agencies in Tampa that can give you price quote information.

15271 Amberly DrTampa, FL 33647(813) 978-1898View Map

2703 W Kennedy BlvdTampa, FL 33609(813) 259-1142View Map

208 E Bearss AveTampa, FL 33613(813) 877-5506View Map

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Choosing the best insurance agent requires more thought than just the quoted price. These are some questions you should get answers to.