Would you like an easy way to compare more competitive Porsche Panamera insurance in Atlanta? Locating the lowest price Atlanta Porsche Panamera insurance quotes online may be challenging for drivers that are relatively new to buying their car insurance on the internet. With such a large choice of insurers available, how can you possibly compare each option to find the best available rates?
Regrettably, nearly 70% of drivers have remained with the same car insurance company for over three years, and almost half have never compared rates from other carriers. Georgia drivers can save hundreds of dollars each year just by getting comparison quotes, but they underestimate how much money they would save if they moved their coverage to a different company.
It is always a good idea to do rate comparisons as often as possible since insurance prices go up and down regularly. Even if you think you had the lowest rates on Porsche Panamera insurance in Atlanta two years ago other companies may now be cheaper. Block out anything you think you know about car insurance because you’re going to get a crash course in the quickest way to save on car insurance.
Best companies for cheap Porsche Panamera insurance in Georgia
The providers in the list below provide free rate quotes in Atlanta, GA. If several companies are displayed, we suggest you visit several of them to get the most competitive price.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Panamera S 4-Dr Hatchback | $424 | $766 | $402 | $24 | $120 | $1,736 | $145 |
| Panamera 4S AWD 4-Dr Hatchback | $522 | $1038 | $402 | $24 | $120 | $2,106 | $176 |
| Panamera Turbo AWD 4-Dr Hatchback | $392 | $852 | $378 | $22 | $114 | $1,758 | $147 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Georgia minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Rate quotes do not factor in specific location information which can decrease or increase prices considerably.
Porsche Panamera liability-only versus full coverage
The chart below shows the difference between Porsche Panamera insurance premiums with and without full coverage. The information is based on no violations or accidents, $100 deductibles, single male driver, and no additional discounts are factored in.
When to stop paying for full coverage
There is no clear-cut rule to eliminate physical damage coverage on your policy, but there is a guideline you can consider. If the yearly cost of full coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.
For example, let’s pretend your Porsche Panamera book value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $8,000 after paying your deductible. If you are currently paying more than $800 a year for physical damage coverage, then it might be time to consider dropping full coverage.
There are some cases where buying only liability insurance is not recommended. If you still have a loan on your vehicle, you have to carry full coverage to protect the lienholder’s interest in the vehicle. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should maintain full coverage.
How high should deductibles be?
The illustration below shows how choosing a deductible and can raise or lower Porsche Panamera insurance rates for each different age category. The rates are based on a single male driver, comp and collision included, and no other discounts are factored in.
Careless drivers pay higher rates
The illustration below highlights how speeding tickets and at-fault collisions can drive up Porsche Panamera yearly insurance costs for different age groups. The costs are based on a married female driver, comprehensive and collision coverage, $100 deductibles, and no other discounts are factored in.
Check for these eight discounts on Porsche Panamera insurance in Atlanta
Auto insurance companies don’t always publicize every discount they offer very well, so the below list has some of the more common and the more hidden credits that may apply to you.
- Paper-free Discount – Certain insurance companies provide a small discount for buying your policy digitally online.
- Full Payment Discount – By paying your policy upfront as opposed to paying monthly you could save up to 5%.
- Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education in high school.
- Accident Forgiveness Coverage – This isn’t a discount exactly, but certain companies may permit one accident before they charge you more for coverage so long as you haven’t had any claims for a particular time prior to the accident.
- Defensive Driver Discounts – Successfully completing a course teaching defensive driving skills could cut 5% off your bill and make you a better driver.
- More Vehicles More Savings – Purchasing coverage when you have multiple vehicles on the same insurance policy can reduce rates for all insured vehicles.
- Theft Prevention Discount – Cars equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and that can save you a little bit as well.
- Anti-lock Brake Discount – Cars and trucks equipped with ABS or steering control prevent accidents and the ABS can save up to 10%.
As a footnote on discounts, most credits do not apply to all coverage premiums. Most only reduce specific coverage prices like medical payments or collision. If you do the math and it seems like all the discounts add up to a free policy, it’s just not the way it works.
If you would like to choose from a list of insurance companies that offer many of these discounts in Atlanta, click here to view.
Insurance agents can help
Many drivers just want to get advice from a local agent and that is not a bad decision The best thing about comparing rate quotes online is that drivers can save money and get the best rates and also buy local. Buying insurance from small agencies is important particularly in Atlanta.
Upon completion of this quick form, your information is immediately sent to local insurance agents who will give you bids for your business. It makes it easy because there is no need to search for an agent because quoted prices will be sent straight to your inbox. You can most likely find cheaper rates AND a local agent. If for some reason you want to compare rates for a specific company, you would need to find their quoting web page and complete a quote there.
If you need to find a reliable insurance agency, it can be helpful to understand the types of insurance agents that differ in how they can insure your vehicles. Auto insurance agents are considered either independent (non-exclusive) or exclusive.
Independent Agents
These type of agents are not employed by one company and that is an advantage because they can write policies through lots of different companies enabling the ability to shop coverage around. If they find a cheaper price, they simply move your policy to a different company without you having to go to a different agency.
If you are comparing auto insurance prices, you will want to get rate quotes from several independent agencies for the best price selection. Many independent agencies also insure through small mutual carriers which may provide better rates.
Below is a list of independent insurance agents in Atlanta that may be able to give price quotes.
- Yates Insurance Agency
2800 Century Pkwy NE #300 – Atlanta, GA 30345 – (404) 633-4321 – View Map - Siegel Insurance
2987 Clairmont Rd #425 – Atlanta, GA 30329 – (404) 633-6332 – View Map - Nationwide Insurance: Walter Wade Agency
4401 Northside Pkwy NW #311 – Atlanta, GA 30327 – (404) 550-3448 – View Map
Exclusive Insurance Agents
Agents in the exclusive channel can usually just insure with one company and some examples include Farmers Insurance, State Farm, or Allstate. Exclusive agents are unable to shop your coverage around so they have no alternatives for high prices. They are well schooled on the products they sell which can be an advantage. Many people buy from the same agent for years mostly because of the prominent brand name and the convenience of having all coverages with one company.
The following are Atlanta exclusive insurance agents willing to provide price quote information.
- State Farm: Dave Simpson Jr
2240 Fairburn Rd SW – Atlanta, GA 30331 – (404) 344-9777 – View Map - GEICO Insurance Agent
3680 Cascade Rd c – Atlanta, GA 30331 – (404) 472-9003 – View Map - Eddie Sanders – State Farm Insurance Agent
47 Perimeter Center E #130 – Atlanta, GA 30346 – (770) 394-5068 – View Map
Picking the best auto insurance agent shouldn’t rely on just a cheap quote. Get answers to these questions too.
- Do they carry Errors and Omissions coverage?
- Can they give you a list of client referrals?
- If they are an independent agency in Atlanta, which companies do they recommend?
- In the event of vehicle damage, can you pick the collision repair facility?
- Is the agent CPCU or CIC certified?
- By raising physical damage deductibles, how much would you save?
Insurance companies are expert advertisers
Respected companies like Progressive, Allstate and GEICO consistently run ads on television and other media. All the ads tend to make the same promise that drivers can save some big amount just by switching your coverage. It sounds good, but how can they all claim to save you money? It’s all in the words they use.
Insurance companies are able to cherry pick for the right customer that will add to their bottom line. A good example of a desirable insured might be described as married and over the age of 30, carries full coverage, and drives less than 7,500 miles a year. Anyone that fits those parameters receives the best prices in Atlanta and have a good chance to pay quite a bit less when switching companies.
Consumers who do not fit these criteria will probably be forced to pay higher premiums which translates to the prospect going elsewhere. The ads say “people who switch” not “everyone who quotes” can get the lowest rates when switching. This is how insurance companies can confidently make claims like that.
Because of these techniques, you absolutely need to get Atlanta auto insurance quotes from several different companies. It is impossible to guess which company will have the best car insurance rates for your profile.
Coverages available on your policy
Knowing the specifics of insurance can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This coverage gives you protection from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Porsche Panamera.
Since many Georgia drivers carry very low liability coverage limits (Georgia limits are 25/50/25), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time these coverages do not exceed the liability coverage limits.
Comprehensive auto coverage
Comprehensive insurance pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.
Comprehensive insurance covers things like damage from a tornado or hurricane, a tree branch falling on your vehicle and a broken windshield. The maximum payout your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Liability auto insurance
This can cover damage or injury you incur to other’s property or people that is your fault. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.
Liability coverage pays for things like repair bills for other people’s vehicles, emergency aid, bail bonds, medical expenses and pain and suffering. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford. Georgia state minimum liability requirements are 25/50/25 but you should think about purchasing better liability coverage.
Collision coverage protection
This coverage will pay to fix damage to your Panamera resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.
Collision insurance covers claims like sustaining damage from a pot hole, backing into a parked car, sideswiping another vehicle and damaging your car on a curb. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible on your Panamera to get cheaper collision coverage.
Medical payments and PIP coverage
Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like X-ray expenses, ambulance fees, dental work, EMT expenses and chiropractic care. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover getting struck while a pedestrian. PIP coverage is not universally available and may carry a deductible
More quotes mean more auto insurance savings
The cheapest Porsche Panamera insurance in Atlanta is attainable both online and with local Atlanta insurance agents, and you should compare price quotes from both to have the best rate selection. Some insurance providers may not offer rates over the internet and usually these small, regional companies provide coverage only through independent agencies.
You just read quite a bit of information on how to find lower-cost Porsche Panamera insurance in Atlanta. The most important thing to understand is the more price quotes you have, the better your chances of lowering your premium rates. You may even be surprised to find that the lowest car insurance rates are with a small mutual company.
As you shop your coverage around, you should never buy less coverage just to save a little money. There have been many cases where an accident victim reduced comprehensive coverage or liability limits and found out when filing a claim that it was a big mistake. The goal is to find the BEST coverage for the lowest price, not the least amount of coverage.
Additional auto insurance information is located below:
- Credit and Insurance Scores (Insurance Information Institute)
- Who Has Cheap Car Insurance Rates for a Company Car in Atlanta? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Uninsured Drivers in Atlanta? (FAQ)
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)