Do you want to learn to get the cheapest car insurance rates in Cleveland, OH? Cleveland buyers have lots of choices when searching for affordable Porsche Boxster insurance. They can either waste time driving around getting price quotes or save time using the internet to find the lowest rates.
There is a right way and a wrong way to find car insurance online so we’re going to tell you the absolute fastest way to get price quotes for your Porsche and locate the best price possible.
Amazingly, 70% of consumers have remained with the same car insurance company for more than four years, and approximately 40% of consumers have never compared quotes from other companies. Ohio drivers could save about 55% each year by just shopping around, but they just don’t understand how much savings they would realize if they switched to a more affordable policy.
Consumers need to get comparison quotes once or twice a year due to the fact that insurance rates fluctuate regularly. Even if you got the best rate on Porsche Boxster insurance in Cleveland on your last policy other companies may now be cheaper. You can search a lot of Boxster insurance on the internet, but in just a couple of minutes you can learn some tested techniques to lower your car insurance bill.
Check for these premium slashing discounts
Companies don’t list every available discount very well, so the list below gives a summary of a few of the more well known and also the more inconspicuous credits available to you. If you aren’t receiving every discount possible, you are paying more than you should be.
- Include Life Insurance and Save – Insurance carriers who offer life insurance give a lower insurance rate if you buy life insurance.
- Switch and Save Discount – Some insurance companies provide a discount for buying a policy prior to your current Boxster insurance policy expiring. This can save 10% or more.
- Accident-Free Discounts – Drivers with accident-free driving histories pay much less as opposed to drivers who are more careless.
- Distant College Student Discount – Youth drivers who live away from home to go to college and leave their car at home may be able to be covered for less.
- Multiple Policy Discount – If you insure your home and vehicles with the same company you could save up to 20% and get you low cost Porsche Boxster insurance.
- Accident Forgiveness Coverage – This one isn’t a discount, but certain companies will allow you to have one accident before raising your premiums if your claims history is clear for a certain period of time.
- Membership in Organizations – Belonging to a civic or occupational organization in Cleveland can get you a small discount when shopping for insurance.
- ABS Braking Discount – Cars with ABS braking systems or traction control are safer to drive and therefore earn up to a 10% discount.
As a sidenote, most of the big mark downs will not be given to all coverage premiums. Most only apply to individual premiums such as comp or med pay. So when it seems like it’s possible to get free car insurance, you’re out of luck.
The illustration below illustrates the difference between Porsche Boxster car insurance rates with and without discounts applied to the rates. The premiums assume a female driver, no claims, a clean driving record, Ohio state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, safe-driver, marriage, multi-policy, and homeowner discounts applied.
Some of the larger companies that have some of the discounts shown above are:
Before purchasing a policy, check with each company or agent what discounts are available to you. Some credits may not be available in Cleveland. To view companies with the best discounts in Ohio, click here.
Many insurance companies provide prices on their websites. This process is possible for anyone because it’s just a matter of typing in the amount of coverage you want on the page. Behind the scenes, the quote system collects your driving record and credit report and generates pricing information.
Being able to quote online for Porsche Boxster insurance in Cleveland streamlines rate comparisons, and it is imperative to perform this step if you want to find cheap prices.
In order to fill out one form to compare multiple rates now, check out the insurance providers below. If you have your current policy handy, we recommend you input the insurance coverages exactly as shown on your declarations page. Doing this assures you will have a price comparison based on the exact same insurance coverage.
The companies shown below provide price quotes in Ohio. To buy cheaper car insurance in OH, it’s a good idea that you get price quotes from several of them in order to get a fair rate comparison.
Premium rates and analysis
The rate table shown next showcases different insurance prices for Porsche Boxster models. Learning a little about how policy rates are formulated is important for drivers to make informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Boxster 2-Dr Convertible | $124 | $232 | $198 | $12 | $60 | $626 | $52 |
| Boxster S 2-Dr Convertible | $136 | $262 | $198 | $12 | $60 | $668 | $56 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Price information does not factor in specific location information which can modify coverage rates substantially.
Choosing deductibles
One of the more difficult decisions when buying insurance is which deductible level should you buy. The tables below highlight the differences in price when you choose different policy deductibles. The first rate estimation uses a $250 physical damage coverage deductible and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Boxster 2-Dr Convertible | $220 | $400 | $192 | $12 | $58 | $907 | $76 |
| Boxster S 2-Dr Convertible | $244 | $454 | $192 | $12 | $58 | $985 | $82 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Boxster 2-Dr Convertible | $180 | $324 | $192 | $12 | $58 | $766 | $64 |
| Boxster S 2-Dr Convertible | $198 | $366 | $192 | $12 | $58 | $826 | $69 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Rates do not factor in specific location which can alter insurance rates greatly.
Based on the data above, we can derive that using a $250 deductible will cost you roughly $12 more each month or $144 a year than buying the higher $500 deductible. Because you would be required to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you normally average at least 21 months between claim filings, you would come out ahead if you choose the higher deductible.
Should you buy full coverage?
The chart below visualizes the comparison of Porsche Boxster premium costs when comparing full coverage to state minimum liability only. The information is based on a clean driving record, no at-fault accidents, $500 deductibles, single status, and no policy discounts are applied.
Should you buy full coverage or liability only?
There isn’t a steadfast formula for excluding comprehensive and collision coverage on your policy, but there is a broad guideline. If the yearly cost of comp and collision coverage is about 10% or more of replacement cost minus your deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your Porsche Boxster replacement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company will settle for is $3,000 after paying your deductible. If you are paying more than $300 annually to have full coverage, the it may be a good time to stop paying for full coverage.
There are some circumstances where only buying liability is not a good plan. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage.
Local Cleveland auto insurance agents and insurance
Many drivers still prefer to buy from a local agent and there is nothing wrong with that. Most agents can make sure you are properly covered and will help you if you have claims. The best thing about getting free rate quotes online is you may find the best rates and still choose a local agent. Buying from and supporting neighborhood agents is important especially in Cleveland.
For easy comparison, once you complete this form (opens in new window), your information is emailed to participating agents in Cleveland who can give free rate quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to visit any agencies due to the fact that quote results will go directly to you. If you want to get a price quote from one company in particular, you can always go to their quote page and complete a quote there.
If you would like to find local Cleveland agents, you need to know there are two different types of agents that you can select. Insurance agencies in Cleveland can be described as either exclusive or independent. Both types can sell affordable insurance policies, but it is a good idea to know how they differ because it can influence which type of agent you select.
Independent Insurance Agents
These agents can sell policies from many different companies so they can write business with many different companies and find you cheaper rates. If they find a cheaper price, the business is moved internally and you don’t have to find a new agent.
If you need cheaper insurance rates, you will definitely want to get several quotes from a few independent agents in order to compare the most rates. Many independent agencies also insure through companies that do not advertise much which can save you money.
The following is a short list of independent insurance agents in Cleveland that may be able to give you competitive price quotes.
- Zito Insurance Inc
1249 Smith Ct – Cleveland, OH 44116 – (440) 333-6020 – View Map - Washington and Co Insurance Agency Inc
10535 St Clair Ave – Cleveland, OH 44108 – (216) 761-1500 – View Map - The Brooks and Stafford Company
55 Public Square #1650 – Cleveland, OH 44113 – (216) 696-3000 – View Map
Exclusive Agencies
These agents can only quote rates from one company like Farmers Insurance, State Farm, or Allstate. Exclusive agents are unable to provide rate quotes from other companies so you need to shop around if the rates are high. Exclusive agents are usually quite knowledgeable on their company’s products and that allows them to sell at a higher price point. Drivers often use the same exclusive agent partially due to the brand legacy rather than low rates.
Below is a list of exclusive agencies in Cleveland that are able to give rate quotes.
- Farmers Insurance – Earl Soroka
1621 Euclid Ave #408 – Cleveland, OH 44115 – (216) 452-0885 – View Map - Allstate Insurance: Eslick Insurance and Financial Services
2775 S Moreland Blvd Ste 203 – Cleveland, OH 44120 – (216) 283-5570 – View Map - Dick McClement – State Farm Insurance Agent
2700 W 25th St – Cleveland, OH 44113 – (216) 621-3723 – View Map
Picking the best insurance agent requires more thought than just a low price. The answers to these questions are important, too.
- Has the agent ever had any license suspensions?
- Did they already check your driving record and credit reports?
- Do you need full coverage on every vehicle?
- What insurance companies do they work with in Cleveland?
- What kind of financial rating does the company have?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Does the agent help file claims?
Ohio auto insurance companies
Selecting the best insurance provider can be rather challenging considering how many companies sell insurance in Cleveland. The information displayed below may help you decide which providers you want to consider purchasing a policy from.
Top 10 Cleveland Car Insurance Companies by A.M. Best Rank
- USAA – A++
- GEICO – A++
- Travelers – A++
- State Farm – A++
- Titan Insurance – A+
- Progressive – A+
- Erie Insurance – A+
- Mercury Insurance – A+
- The Hartford – A+
- Nationwide – A+
Top 10 Cleveland Car Insurance Companies Ranked by Customer Service
- Mercury Insurance
- Nationwide
- State Farm
- Safeco Insurance
- American Family
- Titan Insurance
- Travelers
- Liberty Mutual
- GEICO
- Erie Insurance
Quote often and quote early
As you restructure your insurance plan, you should never buy lower coverage limits just to save a few bucks. In many cases, an insured dropped uninsured motorist or liability limits and learned later they didn’t purchase enough coverage. The ultimate goal is to find the BEST coverage at the lowest possible cost but still have enough coverage for asset protection.
We just covered quite a bit of information on how to lower your Porsche Boxster insurance car insurance rates in Cleveland. The most important thing to understand is the more providers you compare, the better your chances of lowering your premium rates. You may even be surprised to find that the lowest priced auto insurance comes from some of the lesser-known companies.
Insureds change insurance companies for a variety of reasons including delays in paying claims, lack of trust in their agent, not issuing a premium refund or poor customer service. It doesn’t matter what your reason, switching companies is actually quite simple.
Steps to saving money on Porsche Boxster insurance in Cleveland
The recommended way to find cheaper prices for Porsche Boxster insurance in Cleveland is to compare quotes once a year from insurance carriers who provide auto insurance in Ohio. This can be done by completing these steps.
- First, gain an understanding of how companies set rates and the factors you can control to prevent expensive coverage. Many policy risk factors that increase rates such as getting speeding tickets and a bad credit score can be eliminated by making lifestyle changes or driving safer.
- Second, obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from one company like Progressive and State Farm, while independent agencies can quote rates for many different companies.
- Third, compare the new rate quotes to the price on your current policy and see if there is a cheaper rate in Cleveland. If you find a lower rate quote and make a switch, make sure coverage does not lapse between policies.
One important bit of advice is to make sure you’re comparing identical limits and deductibles on every quote and and to look at as many auto insurance providers as possible. This ensures a level playing field and plenty of rates choose from.
Other resources
- Comprehensive Coverage (Liberty Mutual)
- Who Has Affordable Auto Insurance Rates for Drivers Over Age 70 in Cleveland? (FAQ)
- How Much are Cleveland Car Insurance Quotes for 19 Year Olds? (FAQ)
- Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Credit and Insurance Scores (Insurance Information Institute)
- Credit Impacts Car Insurance Rates (State Farm)