Best Porsche Cayenne Insurance in Honolulu

Insurance quote for Porsche Cayenne in HonoluluUnimaginable but true, a large majority of auto insurance policyholders in Hawaii have purchased from the same company for well over three years, and 38% of customers have never shopped around. Most drivers in America could save 46.5% each year, but they underestimate the amount of savings they would get if they bought a different policy.

It takes a few minutes, but the best way to get affordable auto insurance rates is to annually compare prices from insurance carriers who sell auto insurance in Honolulu. Price quotes can be compared by following these steps.

The most important part of shopping around is to try to compare the same liability limits and deductibles on every quote and and to compare every company you can. This ensures a fair rate comparison and a complete price analysis.

The goal of this article is to tell you how car insurance works and also save some money in the process If you’re already insured, you will be able to shop for the lowest rates using these methods. Nevertheless, Hawaii consumers can benefit from knowing the way companies sell insurance online.

When comparison shopping, there are several ways of comparing price quotes from all the different companies. The best method to do a complete rate comparison is to get quotes online. It’s important to know that comparing more rates from different companies gives you a better chance of getting the best offered rates. Some regional insurers cannot provide price estimates online, so you also need to get price estimates from them, too.

The following companies are our best choices to provide comparison quotes in Hawaii. If multiple companies are listed, it’s a good idea that you get rate quotes from several of them in order to find the lowest rates.

Cheap Honolulu insurance rates with discounts

Companies offering auto insurance don’t always publicize all available discounts in an easy-to-find place, so the next list breaks down both the well known as well as some of the hidden credits that you can use to lower your rates.Discount insurance

As a footnote on discounts, some of the credits will not apply to the whole policy. Most only apply to the cost of specific coverages such as comp or med pay. So when the math indicates all the discounts add up to a free policy, company stockholders wouldn’t be very happy. But all discounts should definitely cut your insurance premiums.

The diagram below shows the difference between Porsche Cayenne car insurance costs with and without discounts applied. The costs are based on a male driver, no claims or driving violations, Hawaii state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, multi-car, claim-free, homeowner, and safe-driver discounts applied.

A list of companies and their possible discounts can be found below.

Before buying, ask each insurance company which discounts you qualify for. All car insurance discounts might not be offered on policies in your state.

Porsche Cayenne insurance charts and tables

The coverage table shown below outlines detailed analysis of insurance prices for Porsche Cayenne models. Learning how policy premiums are established can help drivers make informed decisions.

Porsche Cayenne Insurance Rates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cayenne $316 $558 $264 $16 $80 $1,234 $103
Cayenne S $346 $632 $264 $16 $80 $1,338 $112
Cayenne GTS $346 $704 $264 $16 $80 $1,410 $118
Cayenne S Transyberia $346 $704 $264 $16 $80 $1,410 $118
Cayenne GTS PD Edition 3 $374 $778 $264 $16 $80 $1,512 $126
Cayenne Turbo $404 $778 $264 $16 $80 $1,542 $129
Cayenne Turbo S $462 $924 $264 $16 $80 $1,746 $146
Get Your Own Custom Quote Go

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Estimates do not factor in zip code location which can affect coverage prices considerably.

Deductible analysis

One of the more difficult decisions when buying car insurance is which comprehensive and collision deductibles to buy. The comparison tables below help summarize the premium difference when you select higher and lower physical damage deductibles. The first rate quote example uses a $250 deductible for physical damage and the second set of prices uses a $1,000 deductible.

Porsche Cayenne insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cayenne $284 $468 $264 $16 $80 $1,137 $95
Cayenne S $310 $528 $264 $16 $80 $1,223 $102
Cayenne GTS $310 $590 $264 $16 $80 $1,285 $107
Cayenne S Transyberia $310 $590 $264 $16 $80 $1,285 $107
Cayenne GTS PD Edition 3 $336 $652 $264 $16 $80 $1,373 $114
Cayenne Turbo $362 $652 $264 $16 $80 $1,399 $117
Cayenne Turbo S $416 $774 $264 $16 $80 $1,575 $131
Get Your Own Custom Quote Go

Porsche Cayenne insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Cayenne $176 $294 $264 $16 $80 $830 $69
Cayenne S $192 $332 $264 $16 $80 $884 $74
Cayenne GTS $192 $372 $264 $16 $80 $924 $77
Cayenne S Transyberia $192 $372 $264 $16 $80 $924 $77
Cayenne GTS PD Edition 3 $208 $410 $264 $16 $80 $978 $82
Cayenne Turbo $224 $410 $264 $16 $80 $994 $83
Cayenne Turbo S $256 $488 $264 $16 $80 $1,104 $92
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Rate information does not factor in garaging location in Honolulu which can affect premium rates substantially.

Based on the data above, we can derive that using a $250 deductible will cost you roughly $31 more each month or $372 annually than buying the higher $1,000 deductible. Since the policyholder would be required to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go at least 24 months between claim filings, you would save more money if you decide on a higher deductible. Here is an example of how this calculation is made.

Average monthly premium for $250 deductibles: $110
Average monthly premium for $1,000 deductibles (subtract): – $79
Monthly savings from raising deductible: $31
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $31
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 24 months

One thing to note is that raising deductibles results in a higher out-of-pocket expense at claim time. You need some non-essential savings in order to pay more for the deductible.

The diagram below shows how different deductible levels and can increase or decrease Porsche Cayenne insurance rates for each different age group. The costs are based on a married male driver, comp and collision included, and no additional discounts are factored in.

Porsche Cayenne insurance rates by age and gender

The chart below shows the comparison of Porsche Cayenne auto insurance rates for male and female drivers. The costs are based on no driving violations, no at-fault accidents, full physical damage coverage, $500 deductibles, marital status is single, and no policy discounts are applied.

Price comparison of only insuring for liability

The diagram below illustrates the comparison of Porsche Cayenne insurance costs with full physical damage coverage compared to only buying liability only. The prices are based on no accidents, no driving violations, $1,000 deductibles, marital status is single, and no discounts are taken into consideration.

Guidelines for dropping full coverage

There is no definitive formula for dropping comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.

For example, let’s say your Porsche Cayenne claim settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $7,000 after paying the physical damage deductible. If premiums are more than $700 a year to have full coverage, then it could be time to drop full coverage.

There are some cases where eliminating full coverage is not financially feasible. If you still have a lienholder on your title, you must maintain physical damage coverage to protect the lienholder’s interest in the vehicle. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should not buy liability only.

Smart Buyers Can Slash Their Insurance Costs

It’s important that you understand some of the elements that are used to determine the level of your policy premiums. When you know what positively or negatively impacts premium levels, this allows you to make good choices that may result in lower premium levels.

Local agents and insurance

Some consumers prefer to sit down with an agent and that is not a bad decision The biggest benefit of getting online price quotes is that drivers can save money and get cheap rate quotes and still have a local agent. Buying insurance from local insurance agencies is important particularly in Honolulu.

Find insurance agent in HonoluluTo make it easy to find an agent, after completing this short form, your insurance coverage information is instantly submitted to local insurance agents in Honolulu who will gladly provide quotes for your insurance coverage. You never need to find an agent because quoted prices will be sent immediately to you. You can find lower rates without requiring a lot of work. If you want to get a comparison quote from one company in particular, don’t hesitate to go to their quote page and fill out the quote form the provide.

Insurance agent types

When looking for a reputable agency, you should know the different types of agents from which to choose. Agencies in Honolulu are either exclusive or independent agents depending on their company appointments.

Independent Agents (or Brokers)

Independent agencies are normally appointed by many insurers so as a result can place your coverage with many different companies enabling the ability to shop coverage around. If they find a lower price, the agent simply finds a different carrier and you don’t have to switch agencies.

When comparing rate quotes, you absolutely need to include rate quotes from several independent insurance agents to have the most options to choose from. They often place coverage with small mutual carriers who may have lower rates.

Below is a partial list of independent agencies in Honolulu that may be able to give price quotes.

More Honolulu agents

Exclusive Agents

Agents that choose to be exclusive have only one company to place business with like Farmers Insurance and State Farm. Exclusive agents cannot provide other company’s prices so they have to upsell other benefits. These agents are very knowledgeable on their company’s products and that enables them to sell even at higher rates. Drivers often buy from the same agent for years primarily because of the brand rather than having low rates.

Listed below is a short list of exclusive agents in Honolulu who can help you get comparison quotes.

More Honolulu agents

Picking a car insurance agent needs to be determined by more than just the quoted price. These are some questions your agent should answer.

Ratings for Hawaii car insurance companies

Buying coverage from a good quality auto insurance company can be challenging considering how many choices you have in Hawaii. The information below may help you pick which insurers to look at when shopping around.

Top 10 Honolulu Car Insurance Companies Overall

  1. USAA
  2. American Family
  3. State Farm
  4. The Hartford
  5. AAA Insurance
  6. GEICO
  7. Progressive
  8. Allstate
  9. Nationwide
  10. Liberty Mutual

Compare. Compare. Compare.

When shopping online for auto insurance, make sure you don’t sacrifice coverage to reduce premiums. Too many times, someone sacrificed uninsured motorist or liability limits only to find out that it was a big error on their part. Your goal is to buy the best coverage you can find for the lowest cost, but don’t skip important coverages to save money.

People switch companies for many reasons like high prices, lack of trust in their agent, poor customer service or delays in responding to claim requests. Regardless of your reason, finding a great new company is easier than you think.

We covered some good ideas how to lower your Porsche Cayenne insurance prices in Honolulu. The key thing to remember is the more you quote Honolulu car insurance, the higher your chance of finding inexpensive Honolulu car insurance quotes. You may even be surprised to find that the lowest prices come from a lesser-known regional company.

Additional detailed information is available at these sites: