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Porsche Car Insurance

When you hear the word "Porsche," thoughts of luxury, prestige, style and class most likely come to mind; the cost of Porsche car insurance most likely does not. Porsche is marketed to the upper class American, who, in most instances, will not be too concerned about the price he/she is paying for Porsche car insurance. However, it is always a good idea to know what you are getting in to when purchasing any car and any type of car insurance.

Before we get into the different Porsche car insurance premiums, let's take a look inside the showcase to see what the German company has been cooking up for 2010.

The Porsche Family

The 911 is considered the German automotive group's legendary baby with nothing but pure power. There are a number of different 911 models including the Carrera, the Turbo, the Targa and the GT Series. The price ranges from $76,000 to nearly $200,000 for some of the models. However, with top track speeds of over 200 mph and acceleration rates of 0 to 60 mph in 3.6 seconds, there is most certainly a good reason for the high price tag. All the 911 models come with two doors and some feature convertible tops as well. There are a range of flash colors to choose from including blue metallic, racing green and ruby red.

The Boxster is considered the sporty model among the automotive family and is made for the road. This zippy little model is also more affordable than its big brother, the 911 model, starting at under $50,000. The roadster features a more classic look with two doors, two seats and a convertible top.
The Cayman is making a splash for all drivers who want something that is sleek and sexy. The Cayman comes in two different models and starts around $50,000 for the two door style. The Cayman oozes sophistication, perfect for those who demand only the best from their city vehicle.

The Panamera is the 911's big brother that features four seats instead of the traditional two and a more refined look. Although still built for speed with top speeds of 188 mph, the Panamera is also a lot more distinguished. With four doors instead of two, it also provides a roomier interior for those road trips. You can expect to pay anywhere from $90,000 to $140,000 for the different Panamera family models.

The Cayenne is a luxury driver's answer to the SUV/crossover. There are a number of different models available including the GTS, the Turbo and the S Series, all of which are sleek yet comfortable. And, starting at a surprising, $45,000, there are actually affordable. The Cayenne provides a more family feel to the vehicle but still includes a sporty quality and certainly the Porsche power you have come to expect.

Of course, with any of the prestigious models, there are always additonal features and add-ons you can choose including specialty rims, leather seats and park assist to name a few. You can literally build your dream vehicle and Porsche will build it.

Porsche Car Insurance Overview

Like the price tag on these models, you can expect high Porsche car insurance rates as well. In fact, the 911 series has consistently ranked as one of the highest vehicles to insure on the road. In 2009, the 911 took out the number 10 position on the list of the "Most Expensive Cars to Insure" with average car insurance premium of $1,819 .

Why? There are several reasons. For one, the 911 and its brothers are sexy little beasts that rank extremely high on the ladder for thefts, especially for those who live in high crime rate areas. One of the main factors of car insurance is the model's theft rate. To decrease your risk of theft and your rate of Porsche car insurance, make sure you always use common sense when parking your car. Stay in well lit areas if parking your automobile overnight and try to keep it in a garage at home. And, of course, always double check that you have locked the door. You can also invest in anti theft alarms and tracking devices to keep your baby safe from thieves.

Another reason why you can expect high Porsche car insurance rates is because these vehicles are built for speed. This equates to more dangerous driving conditions as well as more serious collision accidents and crashes. According to the International Organization of Standardization, the 911 comes with a symbol of 24, which is one of the highest ranked vehicles in on the list. In general, the higher your ISO symbol, the higher the car insurance will be. Porsche car insurance most certainly leads the way in high premiums.

A further reason for the high Porsche car insurance premiums is because most drivers will not skip out on the car insurance extras. After all, when you are driving a $200,000 vehicle it does not make sense to avoid getting the best insurance possible. Most carriers will provide you with a Porsche car insurance quote that includes liability coverage as well as the extra comprehensive, collision, medical, uninsured motorists and rental car insurance. The more protection you have for your car, the better, especially when it comes to driving such a prestigious vehicle.

Finally, most of the models, with the Cayenne as the exception, are considered little automobiles and convertibles. Although this is great when battling traffic, hugging corners and squeezing in to an ultra teeny parking spot, it is not so great when it comes to accidents. Although the Porsche is built with utmost quality and care, it will still not fare well if in a head on collision with a much larger vehicle. Unfortunately, if the Porsche comes head to head (or side to side, bumper to bumper, etc) with one of the monster Chevy trucks, Ford SUV heavyweights or Dodge crossover destroyers, it will not stand a chance. This means the injury and collision insurance claims are going to be through the roof.

The Plus Side to Porsche Car Insurance

One of the good things about Porsche vehicles is that most of the drivers can afford to be safe. The luxury models are targeted towards those with a net worth of at least US $720,000 and a gross annual income of at least $200,000 . Many young drivers simply do not have the funds to own such as expensive vehicle. Although there are plenty of young drivers with these models, taking to the road like it is a speedway, many drivers are of a certain age and have been behind the wheel for quite some time. If you have a clean driving history and years of experience, then you will have a better chance of finding cheap Porsche car insurance.

If you are having trouble finding a reasonable Porsche car insurance rate, do a quick search online of the various insurance carriers. An online wizard will compare different Porsche car insurance premiums and policies so you can find one that fits with your lifestyle. When it comes to choosing your vehicle, you most certainly will not settle for less than perfection. After all, you are the proud owner of a Porsche. So, when it comes to Porsche car insurance, why would you settle for anything but the best?

[1] http://www.modernracer.com

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