The easiest way to find affordable quotes for Porsche Panamera insurance is to compare prices once a year from different companies who provide car insurance in Orlando.
Step 1: It will benefit you to learn about how insurance companies determine prices and the measures you can take to prevent rate increases. Many risk factors that cause high rates like traffic citations, accidents, and a poor credit rating can be controlled by making lifestyle changes or driving safer. This article gives more details to get low prices and get discounts that may be available to you.
Step 2: Request price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from a single company like GEICO or Allstate, while independent agents can provide price quotes for a wide range of insurance providers.
Step 3: Compare the new rate quotes to your current policy and determine if cheaper Panamera coverage is available in Orlando. If you can save money, make sure the effective date of the new policy is the same as the expiration date of the old one.
The key thing to remember is to try to use similar limits and deductibles on every price quote and and to get price quotes from as many companies as you can. Doing this enables a level playing field and many rates to choose from.
Shocking but true, nearly 70% of customers kept their policy with the same company for more than four years, and 38% of drivers have never even shopped around for lower-cost coverage. With the average insurance premium being $2,160, Florida drivers could cut their rates by about 55% a year just by comparing rates, but they just don’t want to compare other rate quotes.
Best companies for Porsche Panamera insurance
The car insurance companies shown below have been selected to offer quotes in Orlando, FL. To locate cheaper car insurance in Orlando, we recommend you visit two to three different companies to get a more complete price comparison.
Insurance coverage details
The rate information displayed below covers detailed analysis of insurance prices for Porsche Panamera models. Learning as much as possible about how policy rates are calculated can aid in making smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Panamera S 4-Dr Hatchback | $400 | $812 | $472 | $28 | $142 | $1,854 | $155 |
| Panamera 4S AWD 4-Dr Hatchback | $400 | $888 | $472 | $28 | $142 | $1,930 | $161 |
| Panamera Turbo AWD 4-Dr Hatchback | $458 | $1042 | $472 | $28 | $142 | $2,142 | $179 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Premium costs do not factor in zip code location which can modify coverage prices greatly.
Policy deductibles
One common question asked by Orlando drivers is at what level do you set your deductibles. The tables below can help illustrate the differences in premium rates between high and low policy deductibles. The first price estimate table 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 |
|---|---|---|---|---|---|---|---|
| Panamera S 4-Dr Hatchback | $572 | $1028 | $418 | $24 | $124 | $2,191 | $183 |
| Panamera 4S AWD 4-Dr Hatchback | $572 | $1124 | $418 | $24 | $124 | $2,287 | $191 |
| Panamera Turbo AWD 4-Dr Hatchback | $654 | $1318 | $418 | $24 | $124 | $2,563 | $214 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Panamera S 4-Dr Hatchback | $464 | $828 | $418 | $24 | $124 | $1,858 | $155 |
| Panamera 4S AWD 4-Dr Hatchback | $464 | $906 | $418 | $24 | $124 | $1,936 | $161 |
| Panamera Turbo AWD 4-Dr Hatchback | $532 | $1062 | $418 | $24 | $124 | $2,160 | $180 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Rate quotes do not factor in your specific Orlando location which can influence auto insurance rates noticeably.
Using the data above, we can ascertain that using a $250 deductible costs roughly $31 more each month or $372 annually than buying the higher $500 deductible. Since you would pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at least 8 months between claim filings, you would save more money by going with a higher deductible.
Take policy discounts and save on Porsche Panamera insurance in Orlando
Insuring your vehicles can cost a lot, but companies offer discounts to help offset the cost. A few discounts will automatically apply at quote time, but some may not be applied and must be asked about prior to receiving the credit.
- Bundled Policy Discount – If you can bundle your home and auto insurance with one insurance company you may earn over 10 percent off each policy depending on the company.
- Senior Citizens – If you’re over the age of 55, you may be able to get reduced rates.
- E-sign – Certain insurance companies will give you a small discount for signing up on their website.
- Homeowners Savings – Owning a home in Orlando can earn you a little savings because owning a home is proof that your finances are in order.
- Claim-Free Discount – Insureds with no claims or accidents have much lower rates compared to insureds who have frequent claims or accidents.
- Accident Forgiveness – This isn’t a discount exactly, but some companies like Liberty Mutual, GEICO and Allstate permit an accident before they charge you more for coverage if you have no claims for a particular time prior to the accident.
As a disclaimer on discounts, many deductions do not apply to the entire cost. Some only apply to the price of certain insurance coverages like liability and collision coverage. If you do the math and it seems like you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.
The chart below compares Porsche Panamera car insurance costs with and without policy discounts. The data assumes a female driver, no claims or driving violations, Florida state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, marriage, homeowner, multi-car, and claim-free discounts applied.
If you would like to see a list of insurers with significant discounts in Florida, click here to view.
How do I know if I need professional advice?
When selecting coverage, there really isn’t a perfect coverage plan. Your needs are not the same as everyone else’s.
These are some specific questions may help highlight whether your personal situation will benefit from professional help.
- Is my cargo covered for damage or theft?
- What is the difference between personal and commercial auto insurance policies?
- Who is covered by my policy?
- Can I afford low physical damage deductibles?
- Is pet coverage available?
- Should I drop comprehensive coverage on older vehicles?
- Can my babysitter drive my car?
If you’re not sure about those questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form.
What if I want to buy from local Orlando insurance agents?
Some consumers just want to go talk to an agent and that is a personal choice. One of the great benefits of price shopping on the web is the fact that drivers can get lower prices but also keep your business local.
Upon completion of this form (opens in new window), your insurance coverage information is submitted to insurance agents in Orlando that can give you free Orlando car insurance quotes for your business. You won’t even need to contact any insurance agencies because quoted prices will be sent to you. Get lower rates without a big time investment. If you wish to compare rates from a specific auto insurance provider, you can always jump over to their website and give them your coverage information.
Finding a good company requires more thought than just the premium amount. Any agent in Orlando should be forthright in answering these questions:
- Will you work with the agent or an assistant?
- How long have they worked with personal auto insurance coverage?
- If your car is totaled, how to they determine the replacement cost?
- Is the agency active in community causes in Orlando?
- Can glass claims be handled at your home?
- How much will you save each year by using a higher deductible?
- How are claims handled?
Listed below is a short list of auto insurance companies in Orlando that may be willing to give price quotes for Porsche Panamera insurance in Orlando.
Corkhill Insurance Agency, LLC
20 S Bumby Ave – Orlando, FL 32803 – (407) 898-8891 – View Map
Allstate Insurance: Luis Diaz
1634 Hillcrest St – Orlando, FL 32803 – (407) 823-8232 – View Map
Orlando Health Insurance Agent
7898 Canyon Lake Cir – Orlando, FL 32835 – (321) 446-6527 – View Map
National Insurance Agencies
1005 N Pine Hills Rd – Orlando, FL 32808 – (407) 480-5521 – View Map
In the end, you can save money
Insureds who switch companies do it for many reasons like policy non-renewal, high prices, high rates after DUI convictions and being labeled a high risk driver. Whatever your reason, switching companies can be less work than you think.
While you’re price shopping online, never buy lower coverage limits just to save a few bucks. There are too many instances where someone sacrificed comprehensive coverage or liability limits only to find out that a couple dollars of savings turned into a financial nightmare. The goal is to purchase a proper amount of coverage for the lowest price and still be able to protect your assets.
Affordable Porsche Panamera insurance in Orlando can be bought on the web in addition to many Orlando insurance agents, so you need to shop Orlando car insurance with both to have the best selection. Some insurance providers may not have rates over the internet and many times these small, regional companies provide coverage only through independent agents.
For more information, take a look at the articles below:
- Older Drivers FAQ (iihs.org)
- Who Has the Cheapest Orlando Auto Insurance for Single Moms? (FAQ)
- Who Has Affordable Auto Insurance for First-time Drivers in Orlando? (FAQ)
- How Much are Orlando Auto Insurance Rates for Drivers with Bad Credit? (FAQ)
- Who Has the Cheapest Orlando Auto Insurance Quotes for a Ford F-150? (FAQ)
- What Insurance is Cheapest for College Students in Orlando? (FAQ)
- Airbag FAQ (iihs.org)
- Auto Insurance FAQ (Farmers Insurance)
- Insurance losses by make and model (Insurance Institute for Highway Safety)