Do you want more affordable Porsche Panamera insurance in Houston? If you are new to online price comparisons, there’s a good chance you are baffled due to the large selection of auto insurance companies that all promise to save you money.
Remarkably, a study showed that nearly 70% of drivers have been with the same company for four years or more, and approximately 38% of consumers have never taken the time to shop around. Texas drivers can save hundreds of dollars each year just by shopping around, but they don’t know how much they could save if they replace their high priced policy.
You need to do rate comparisons periodically because prices are adjusted regularly by insurance companies. Despite the fact that you may have had the best rates on Porsche Panamera insurance in Houston on your last policy you can probably find a better rate quote now. There is a lot of bad advice regarding Panamera insurance online, but in this article, you’re going to get some tested techniques to lower your auto insurance rates in Houston.
Verify you’re receiving every discount
Not many people think insurance is cheap, but there could be available discounts that could help you make your next renewal payment. A few discounts will be applied when you purchase, but less common discounts must be inquired about prior to receiving the credit.
- Air Bags and Passive Restraints – Factory options such as air bags or automatic seat belts may earn rate discounts of up to 25% or more.
- Online Discount – A few car insurance companies will discount your bill up to fifty bucks shop Houston car insurance digitally online.
- Distant Student – Youth drivers who are enrolled in a college that is more than 100 miles from Houston and do not have access to a covered vehicle can receive lower rates.
- Theft Prevention Discount – Cars equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and earn discounts up to 10% off your Houston car insurance quote.
- Discounts for Safe Drivers – Drivers who avoid accidents can save as much as half off their rates compared to rates paid by drivers with frequent claims.
- Service Members Pay Less – Being deployed in the military may lower your car insurance rates slightly.
- Memberships – Being in qualifying employment or professional organizations can get you a small discount on your next renewal.
- Multiple Vehicles – Buying coverage for multiple vehicles with one company can reduce the rates for all insured vehicles.
Consumers should know that most discount credits are not given to your bottom line cost. Most only cut specific coverage prices like comp or med pay. So even though it sounds like it’s possible to get free car insurance, nobody gets a free ride.
A list of companies and a partial list of their discounts can be read below.
- Travelers includes discounts for student away at school, continuous insurance, IntelliDrive, driver training, new car, and save driver.
- 21st Century policyholders can earn discounts including theft prevention, anti-lock brakes, teen driver, automatic seat belts, early bird, driver training, and homeowners.
- State Farm offers premium reductions for multiple autos, safe vehicle, good driver, defensive driving training, anti-theft, and Drive Safe & Save.
- GEICO has discounts for military active duty, driver training, multi-vehicle, daytime running lights, defensive driver, and air bags.
- SAFECO may have discounts that include anti-lock brakes, bundle discounts, teen safe driver, teen safety rewards, homeowner, drive less, and accident prevention training.
- AAA discounts include AAA membership discount, good student, multi-car, education and occupation, anti-theft, and good driver.
If you are trying to find cheaper Houston car insurance quotes, ask each company or agent what discounts are available to you. Some credits might not be offered on policies in every state. If you would like to choose from a list of car insurance companies that offer many of these discounts in Texas, click here.
When comparing car insurance rates, know that quoting more will improve the odds of getting more affordable insurance.
The following companies have been selected to offer free rate quotes in Texas. If multiple providers are shown, we recommend you click on several of them in order to find the most affordable rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Panamera S 4-Dr Hatchback | $330 | $644 | $366 | $22 | $110 | $1,472 | $123 |
| Panamera 4S AWD 4-Dr Hatchback | $408 | $936 | $496 | $30 | $148 | $2,018 | $168 |
| Panamera Turbo AWD 4-Dr Hatchback | $574 | $1360 | $496 | $30 | $148 | $2,608 | $217 |
| Get Your Own Custom Quote Go | |||||||
Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Information does not factor in zip code location which can alter insurance rates significantly.
An analysis of deductible level
When comparing auto insurance rates, the most common question is how high should the physical damage coverage deductibles be. The following tables can help illustrate how much more rates are when you choose different physical damage deductibles. The first rate comparisons uses a $100 deductible for comprehensive and collision coverage and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Panamera S 4-Dr Hatchback | $582 | $1120 | $382 | $22 | $114 | $2,245 | $187 |
| Panamera 4S AWD 4-Dr Hatchback | $582 | $1226 | $382 | $22 | $114 | $2,351 | $196 |
| Panamera Turbo AWD 4-Dr Hatchback | $666 | $1436 | $382 | $22 | $114 | $2,645 | $220 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Panamera S 4-Dr Hatchback | $322 | $590 | $382 | $22 | $114 | $1,430 | $119 |
| Panamera 4S AWD 4-Dr Hatchback | $322 | $646 | $382 | $22 | $114 | $1,486 | $124 |
| Panamera Turbo AWD 4-Dr Hatchback | $370 | $758 | $382 | $22 | $114 | $1,646 | $137 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Premium amounts do not factor in vehicle location which can lower or raise coverage rates considerably.
Using the premium rates above, we can conclude that using a $100 deductible costs an average of $74 more each month or $888 every year than selecting the higher $1,000 deductible. Because you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you normally go at a minimum 12 months between claims, you would most likely save money if you opt for a higher deductible.
Careless Houston drivers pay higher rates
The example below highlights how traffic violations and accident claims can increase Porsche Panamera insurance costs for each age group. Data assumes a married female driver, full physical damage coverage, $500 deductibles, and no discounts are applied.
Do I need an insurance agent?
A small number of people prefer to sit down and talk to an agent and often times that is recommended One of the great benefits of price shopping on the web is the fact that drivers can get better rates and also buy local. Putting coverage with neighborhood insurance agencies is important particularly in Houston.
After completing this quick form, your coverage information is emailed to companies in Houston who will give competitive quotes to get your business. It makes it easy because there is no need to contact any agents because prices are sent straight to your inbox. You can most likely find cheaper rates without having to waste a lot of time. If you have a need to compare rates for a specific company, you just need to go to their quote page to submit a rate quote request.
When looking for local Houston agents, you need to know there are two types of insurance agents to choose from. Agents in Houston are categorized either independent (non-exclusive) or exclusive.
Independent Insurance Agencies or Brokers
Independent agencies are not required to write business for one company so they can insure your vehicles with lots of companies and find the cheapest rate. If they find a cheaper price, your agent can just switch to a different company which makes it simple for you.
When comparing insurance rates, you will definitely want to compare prices from multiple independent agents for the best price selection. Most have the option of insuring with small mutual carriers who may have lower rates.
Listed below are independent agents in Houston who may provide comparison quotes.
- Moon Insurance Agency
360 FM 1959 – Houston, TX 77034 – (281) 484-8320 – View Map - Duckworth Insurance Agency
3824 Broadway St – Houston, TX 77017 – (713) 645-1500 – View Map - Cornerstone Insurance Agency
24301 Brazos Town Crossing – Rosenberg, TX 77471 – (979) 553-4343 – View Map
Exclusive Agencies
Agents in the exclusive channel write business for a single company and examples are Allstate, Farmers Insurance or State Farm. They usually cannot provide rate quotes from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents receive a lot of sales training on sales techniques which can be an advantage. Some insured continue to buy from the same agent for years primarily because of loyalty to the company rather than having the cheapest rates.
Listed below are exclusive agencies in Houston willing to provide comparison quotes.
- Lucrecia Jasminoy – State Farm Insurance Agent
223 Cavalcade St – Houston, TX 77009 – (713) 884-1442 – View Map - Anna Santa Ana – State Farm Insurance Agent
7710 Cherry Park Dr d – Houston, TX 77095 – (281) 550-0333 – View Map - State Farm: Ken Quach
6489 Wilcrest Dr – Houston, TX 77072 – (281) 498-1010 – View Map
Finding the right car insurance agent is decision based upon more than just a cheap price. You should also get answers to these questions.
- Is assistance available after office hours?
- How long has their agency been in business in Houston?
- Can they provide you with a list of referrals?
- Does the agent have a valid license to sell insurance in Texas?
- Do they specialize in personal lines auto insurance in Houston?
Cheap insurance rates are possible
Cheaper Porsche Panamera insurance in Houston is attainable both online in addition to local insurance agencies, and you should compare rates from both in order to have the best price selection to choose from. There are still a few companies who may not offer rate quotes online and usually these small insurance companies work with independent agents.
We just showed you a lot of information how to save on Porsche Panamera insurance in Houston. The key concept to understand is the more you quote Houston car insurance, the better chance you’ll have of finding inexpensive Houston car insurance quotes. You may even discover the lowest priced insurance comes from a small mutual company.
Insureds who switch companies do it for any number of reasons including denial of a claim, policy cancellation, not issuing a premium refund and even delays in paying claims. Regardless of your reason, finding the right insurance provider can be easier than you think.
To learn more, feel free to visit the resources below:
- What is a Telematics Device? (Allstate)
- How Much are Car Insurance Quotes for Business Use in Houston? (FAQ)
- Who Has Affordable Houston Auto Insurance for Drivers with a Bad Driving Record? (FAQ)
- Who Has the Cheapest Houston Auto Insurance Rates for Unemployed Drivers? (FAQ)
- Who Has Affordable Houston Auto Insurance for a Subaru Outback? (FAQ)
- Who Has Cheap Auto Insurance for a Honda Pilot in Houston? (FAQ)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)
- Event Data Recorders FAQ (iihs.org)
- What is Full Coverage? (Allstate)