How long have you put off shopping around for low-cost car insurance rates in San Antonio, TX? San Antonio consumers have lots of choices when looking for the lowest priced Porsche Cayman insurance. They can either spend hours driving around getting price quotes or save time using the internet to find the lowest rates.
There are both good and bad ways to buy car insurance so you’re going to learn the absolute fastest way to compare rates for your Porsche and locate the lowest price either online or from San Antonio insurance agents.
Amazingly, a recent NerdWallet.com study showed that most car insurance policyholders in Texas kept their policy with the same company for four years or more, and almost 40% of drivers have never shopped around. American insurance shoppers could cut their rates by as much as 47% a year just by comparing rates, but they underestimate how much they could save if they moved their coverage to a different company.
It’s a good habit to do rate comparisons at least once a year because car insurance prices are usually higher with each renewal. Even if you got the lowest rates on Porsche Cayman insurance in San Antonio a couple years back you can probably find a lower rate today. There is a lot of wrong information about Cayman insurance online but in just a couple of minutes you can learn some good information on how to find affordable car insurance in San Antonio.
Companies offering low-cost Porsche Cayman rates in San Antonio, TX
The companies shown below have been selected to offer free rate quotes in San Antonio, TX. If more than one company is shown, it’s a good idea that you click on several of them to get the best price comparison.
Porsche Cayman coverage statistics
The rate information shown next showcases different rate quotes for Porsche Cayman models. Being more informed about how insurance policy rates are determined can assist in making smart choices when choosing a car insurance company.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Cayman 2-Dr Coupe | $378 | $614 | $500 | $30 | $150 | $1,672 | $139 |
Cayman S 2-Dr Coupe | $378 | $686 | $500 | $30 | $150 | $1,744 | $145 |
Get Your Own Custom Quote Go |
Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Prices do not factor in vehicle location which can revise price quotes greatly.
Insurance deductibles
One of the most common insurance questions is where should you set your physical damage deductibles. The rates below illustrate the price difference between high and low physical damage coverage deductibles. The first rate quote example uses a $250 deductible for comp and collision and the second price chart uses a $500 deductible.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Cayman 2-Dr Coupe | $408 | $762 | $382 | $22 | $114 | $1,713 | $143 |
Cayman S 2-Dr Coupe | $408 | $850 | $382 | $22 | $114 | $1,801 | $150 |
Get Your Own Custom Quote Go |
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Cayman 2-Dr Coupe | $332 | $614 | $382 | $22 | $114 | $1,464 | $122 |
Cayman S 2-Dr Coupe | $332 | $686 | $382 | $22 | $114 | $1,536 | $128 |
Get Your Own Custom Quote Go |
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Price estimates do not factor in garaging location in San Antonio which can revise auto insurance rates substantially.
We can derive from the above data that using a $250 deductible costs about $22 more each month or $264 every year averaged for all Cayman models than choosing the higher $500 deductible. Because you would pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you normally go more than 11 months between claims, you would come out ahead by going with a higher deductible.
The diagram below illustrates how your choice of deductibles and can increase or decrease Porsche Cayman insurance rates for different age groups. The data assumes a single female driver, comp and collision included, and no discounts are applied to the premium.
Accidents and violations increase rates
The example below shows how violations and accidents can raise Porsche Cayman car insurance rates for different categories of driver ages. The rate quotes are based on a single male driver, full coverage, $1,000 deductibles, and no other discounts are factored in.
Full coverage or liability only
The information below shows the comparison of Porsche Cayman insurance costs with full coverage compared to only the Texas minimum liability coverage. The costs are based on a clean driving record, no at-fault accidents, $1,000 deductibles, single marital status, and no policy discounts are applied.
Should you buy full coverage or liability only?
There is no definitive formula of when to exclude full coverage, but there is a broad guideline. If the yearly cost of full coverage is more than around 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.
For example, let’s say your Porsche Cayman replacement cost is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $5,000 after paying your deductible. If premium cost is more than $500 annually for physical damage coverage, then you might want to think about dropping full coverage.
There are some circumstances where eliminating full coverage is not in your best interest. If you still owe money on your vehicle, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not opt for liability only.
Take advantage of these premium slashing discounts
Some insurance providers don’t always publicize every policy discount very well, so the list below contains both the well known and the more hidden credits that you can use to lower your rates.
- Sign Online – A handful of larger companies give back up to $50 get San Antonio auto insurance on the web.
- No Claim Discounts – Insureds with no claims or accidents pay much less when compared with policyholders that have many claims.
- ABS and Traction Control Discounts – Anti-lock brake equipped vehicles can reduce accidents and therefore earn up to a 10% discount.
- Air Bag Discount – Factory options such as air bags and/or automatic seat belt systems may earn rate discounts of 20 to 30 percent.
- Driver’s Ed – Cut your cost by having your teen driver successfully take a driver’s education course in school or through a local driver safety program.
- Organization Discounts – Joining certain professional organizations could qualify you for a break on your bill.
- Anti-theft System – Anti-theft and alarm system equipped vehicles prevent vehicle theft so companies will give you a small discount.
- No Charge for an Accident – This one is not really a discount per se, but companies like Allstate and Progressive will let one accident slide before raising your premiums if you are claim-free prior to being involved in the accident.
- Defensive Driver Discounts – Taking time to complete a safe driver course could save 5% or more if your company offers it.
Please keep in mind that some of the credits will not apply to the whole policy. Some only apply to specific coverage prices like collision or personal injury protection. Just because you may think you could get a free auto insurance policy, you won’t be that lucky. But any discount will definitely lower your auto insurance premiums.
The information below visualizes the comparison of Porsche Cayman yearly insurance costs with and without discounts applied to the rates. The costs are based on a female driver, no driving violations, no at-fault accidents, Texas state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, claim-free, multi-policy, homeowner, and multi-car discounts applied.
A list of companies and some of the discounts can be found below.
- American Family discounts include early bird, multi-vehicle, defensive driver, bundled insurance, TimeAway discount, and good student.
- Nationwide offers discounts for business or organization, accident-free, good student, defensive driving, Farm Bureau membership, and easy pay.
- MetLife may offer discounts for claim-free, good driver, multi-policy, accident-free, good student, and defensive driver.
- 21st Century may include discounts for anti-lock brakes, theft prevention, teen driver, early bird, 55 and older, automatic seat belts, and defensive driver.
- Farmers Insurance policyholders can earn discounts including homeowner, distant student, electronic funds transfer, alternative fuel, and multi-car.
- Allstate offers premium reductions for farm vehicle, premier plus, resident student, FullPay discount, multi-policy, anti-theft, and passive restraint.
When quoting, ask every company which credits you are entitled to. A few discounts may not be offered everywhere.
You may need specialized car insurance coverage
When choosing a policy, there is no perfect coverage plan. Your needs are unique to you.
Here are some questions about coverages that might point out whether your personal situation would benefit from professional advice.
- Do I have coverage when using my vehicle for my home business?
- What policy terms are available?
- Do I get a pro-rated refund if I cancel my policy early?
- When should I buy a commercial auto policy?
- Why are teen drivers so expensive to add on to my policy?
- Do I need replacement cost coverage?
- What if a claim settlement is too low?
- How can I find cheaper teen driver insurance?
- Which is better, split liability limits or combined limits?
- Does my Porsche Cayman need full coverage?
If you don’t know the answers to these questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, fill out this quick form. It only takes a few minutes and you can get the answers you need.
Compare prices but still have a local neighborhood San Antonio car insurance agent
Certain consumers still like to go talk to an agent and that is a smart decision Agents can help determine the best coverages and help in the event of a claim. One of the great benefits of comparing car insurance online is the fact that drivers can get the lowest rates but also keep your business local. Buying from neighborhood insurance agencies is definitely important in San Antonio.
To find an agent, once you fill out this form (opens in new window), your insurance data is instantly submitted to insurance agents in San Antonio who want to provide quotes for your business. You won’t need to contact any insurance agencies since rate quotes are delivered to your email. If you have a need to get a rate quote from one company in particular, feel free to go to their quote page and submit a quote form there.
Listed below are San Antonio auto insurance companies that can give you price quote information for Porsche Cayman insurance in San Antonio.
- Juan Garcia – State Farm Insurance Agent
2, 407 N Zarzamora – San Antonio, TX 78207 – (210) 438-5826 – View Map - Gary Kennedy – State Farm Insurance Agent
3029 S WW White Rd – San Antonio, TX 78222 – (210) 337-1786 – View Map - Tim Lucas State Farm Insurance Agent
21790 Bulverde Rd, 101 – San Antonio, TX 78259 – (210) 494-6700 – View Map - Rivers Schara – State Farm Insurance Agent
1775 Encino Rio Boulevard – San Antonio, TX 78259 – (210) 496-9533 – View Map
Selecting a company requires you to look at more than just the price. Here are some questions you might want to ask.
- Is there a 24/7 contact number?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Will one accident increase rates?
- What is the financial rating for the quoted company?
- How long has their agency been open in San Antonio?
- Is the quote a firm price?
- Are they full-time agents?
- Do they write coverage based solely on cost?
After you get positive responses to all your questions and a good coverage price, you may have just found a company that is reliable enough to provide car insurance coverage.
One last thing to lower rates
Lower-priced car insurance in San Antonio is definitely available both online and with local San Antonio insurance agents, and you need to comparison shop both to have the best chance of lowering rates. There are still a few companies who do not provide the ability to get quotes online and these smaller companies only sell through local independent agencies.
You just read some good ideas how you can lower your Porsche Cayman insurance auto insurance rates in San Antonio. It’s most important to understand that the more times you quote, the higher your chance of finding low cost San Antonio auto insurance quotes. Drivers may even discover the best auto insurance rates are with a small mutual company.
While you’re price shopping online, it’s not a good idea to skimp on critical coverages to save a buck or two. In too many instances, an insured cut physical damage coverage only to find out that it was a big error on their part. Your aim should be to buy enough coverage for the lowest cost and still be able to protect your assets.
Additional resources
- Coverage Information (Progressive Insurance)
- Who Has Affordable San Antonio Car Insurance Quotes for a Jeep Wrangler? (FAQ)
- Who Has Affordable San Antonio Auto Insurance Rates for a Toyota RAV4? (FAQ)
- How Much is Auto Insurance for Drivers Under 21 in San Antonio? (FAQ)
- Neck Injury FAQ (iihs.org)
- Driving in Bad Weather (Insurance Information Institute)