If you want to save the most money, the best way to find cheaper Porsche Cayenne insurance is to begin comparing prices regularly from different companies that insure vehicles in San Francisco.
First, gain an understanding of how car insurance works and the changes you can make to keep rates low. Many policy risk factors that increase rates such as traffic violations, accidents, and a substandard credit score can be remedied by making minor driving habit or lifestyle changes.
Second, request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only give rate quotes from a single company like GEICO or Farmers Insurance, while independent agencies can quote prices from multiple companies.
Third, compare the new rate quotes to your current policy to see if switching to a new carrier will save money. If you find a better price, ensure there is no coverage lapse between policies.
Fourth, give proper notification to your current agent or company of your intent to cancel your current auto insurance policy. Submit a completed application and payment to your new insurance company. Once coverage is bound, keep your new proof of insurance certificate along with the vehicle’s registration papers.
A good piece of advice is that you use similar deductibles and liability limits on every quote request and and to look at as many carriers as you can. This provides an apples-to-apples comparison and maximum price selection.
Remarkably, a study showed that most consumers have been with the same company for well over three years, and 38% of customers have never shopped around. California drivers could save an average of approximately 35% each year just by shopping around, but they just don’t understand the actual amount they would save if they switch to a new company.
Finding the cheapest coverage in San Francisco can initially seem challenging. If you are paying for car insurance now, you will surely be able to get lower rates using this strategy. But California car owners should learn how the larger insurance companies sell online and use it to your advantage.
Insurance Cost Influencing Factors
Many factors are taken into consideration when pricing auto insurance. A few of the factors are predictable like an MVR report, although some other factors are not quite as obvious like your continuous coverage or your commute time.
Listed below are just a few of the factors used by companies to determine your premiums.
- Cheaper rates by consolidating – Most major insurers will award better rates to customers who have multiple policies with them in the form of a multi-policy discount. This can amount to anywhere from five to ten percent in most cases. Even if you’re getting this discount you may still want to compare Porsche Cayenne rates in San Francisco to ensure the best deal. You may still be able to save even more by buying from different companies
- Use but don’t abuse your insurance – Car insurance companies in California give cheaper rates to drivers that do not abuse their auto insurance. If you frequently file small claims, you can expect increased rates or even have your policy non-renewed. Insurance coverage is intended to be relied upon for the large, substantial claims.
- Low physical damage deductibles mean high rates – The deductibles you choose are the amount of money you are willing to pay if a claim is determined to be covered. Insurance for physical damage to your car, also called comprehensive and collision insurance, insures against damage to your car. Examples of covered claims could be collision with another vehicle, animal collisions, and damage caused by road hazards. The more you choose to pay out-of-pocket, the bigger discount you will receive.
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Gals pay lower premiums – Over time, data shows that females take fewer risks when driving. This data doesn’t prove that men are WORSE drivers than women. Males and females are in accidents in similar numbers, but the males have accidents that have higher claims. They also get ticketed for serious violations such as reckless driving.
The diagram below compares Porsche Cayenne insurance rates for male and female drivers. The data is based on no tickets, no at-fault accidents, comprehensive and collision coverage, $1,000 deductibles, single status, and no policy discounts are applied.
- Insurance rates for married couples – Getting married may cut your premiums on auto insurance. It is viewed as being more mature and it’s statistically proven that married drivers tend to file fewer claims.
- Liability insurance is peace of mind – The liability coverage on your policy is the protection when a court rules you are at fault for damages caused by your negligence. Your liability coverage provides legal defense coverage which can cost thousands of dollars. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so do not cut corners here.
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Insurance loss statistics a Porsche Cayenne – Car insurance companies take into consideration historical loss data for every vehicle to calculate a price that will offset any claims. Models that have a higher amount or frequency of claims will cost more for coverage.
The information below illustrates the actual insurance loss data for Porsche Cayenne vehicles. For each policy coverage, the loss probability for all vehicles combined as an average is represented as 100. Numbers that are below 100 indicate better than average losses, while numbers that are greater than 100 indicate more frequent claims or an increased likelihood of larger losses.
Car Insurance Loss Data for Porsche Cayenne Models Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Porsche Cayenne 4dr 4WD 176 100 138 58 53 77 Porsche Cayenne Hybrid 4dr 4WD 119 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
The most recommended method to compare insurance rates from multiple companies is to know almost all companies have advanced systems to compare their rates. All you need to do is give them some information such as an estimate of your credit level, how much school you completed, coverage limits, and whether or not you need a SR-22. That rating data gets transmitted to insurance carriers in your area and you get price estimates quickly.
If you wish to get multiple quotes for your Porsche Cayenne now, click here and find out if you can get cheaper insurance in San Francisco.
The following companies offer free quotes in California. If multiple providers are shown, we suggest you click on several of them to get the lowest price.
Porsche Cayenne insurance rate analysis
The price information below covers different insurance rates for Porsche Cayenne models. Having a better understanding of how rates are figured is important for you to make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cayenne | $540 | $780 | $578 | $34 | $174 | $2,106 | $176 |
| Cayenne S | $590 | $882 | $578 | $34 | $174 | $2,258 | $188 |
| Cayenne GTS | $590 | $986 | $578 | $34 | $174 | $2,362 | $197 |
| Cayenne S Transyberia | $590 | $986 | $578 | $34 | $174 | $2,362 | $197 |
| Cayenne GTS PD Edition 3 | $640 | $1088 | $578 | $34 | $174 | $2,514 | $210 |
| Cayenne Turbo | $690 | $1088 | $578 | $34 | $174 | $2,564 | $214 |
| Cayenne Turbo S | $790 | $1294 | $578 | $34 | $174 | $2,870 | $239 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Premium amounts do not factor in vehicle location which can impact coverage rates substantially.
Choosing deductibles
One of the hardest decisions when shopping for insurance is which comprehensive and collision deductibles to buy. The comparison tables below can help illustrate the difference in cost between high and low policy deductibles. The first set of rates uses a $100 deductible for comp and collision and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cayenne | $528 | $932 | $442 | $26 | $132 | $2,085 | $174 |
| Cayenne S | $576 | $1054 | $442 | $26 | $132 | $2,255 | $188 |
| Cayenne GTS | $576 | $1176 | $442 | $26 | $132 | $2,377 | $198 |
| Cayenne S Transyberia | $576 | $1176 | $442 | $26 | $132 | $2,377 | $198 |
| Cayenne GTS PD Edition 3 | $624 | $1298 | $442 | $26 | $132 | $2,547 | $212 |
| Cayenne Turbo | $674 | $1298 | $442 | $26 | $132 | $2,597 | $216 |
| Cayenne Turbo S | $772 | $1544 | $442 | $26 | $132 | $2,941 | $245 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cayenne | $384 | $630 | $442 | $26 | $132 | $1,614 | $135 |
| Cayenne S | $420 | $712 | $442 | $26 | $132 | $1,732 | $144 |
| Cayenne GTS | $420 | $794 | $442 | $26 | $132 | $1,814 | $151 |
| Cayenne S Transyberia | $420 | $794 | $442 | $26 | $132 | $1,814 | $151 |
| Cayenne GTS PD Edition 3 | $456 | $878 | $442 | $26 | $132 | $1,934 | $161 |
| Cayenne Turbo | $492 | $878 | $442 | $26 | $132 | $1,970 | $164 |
| Cayenne Turbo S | $564 | $1042 | $442 | $26 | $132 | $2,206 | $184 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Prices do not factor in specific San Francisco garaging location which can affect coverage rates significantly.
Based on the figures above, using a $100 deductible could cost the average driver approximately $48 more each month or $576 a year across all Porsche Cayenne models than selecting the higher $500 deductible. Since you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at least 8 months between claim filings, you would more than likely save some money if you opt for a higher deductible.
The diagram below demonstrates how choosing different deductibles and can affect Porsche Cayenne insurance rates for different ages of insureds. The premiums are based on a married female driver, comprehensive and collision coverage, and no discounts are applied.
How accidents and violations affect rates
The chart below shows how traffic citations and at-fault accidents can raise Porsche Cayenne annual premium costs for different age groups of insureds. The premium estimates are based on a single male driver, comp and collision included, $500 deductibles, and no other discounts are factored in.
Insurance does more than just protect your car
Even though San Francisco Cayenne insurance rates can get expensive, maintaining insurance serves an important purpose.
- Almost all states have minimum mandated liability insurance limits which means state laws require a specific level of liability protection in order to get the vehicle licensed. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you have a lien on your Porsche, more than likely the lender will require that you have physical damage coverage to ensure the loan is repaid in case of a total loss. If the policy lapses, the bank will be required to insure your Porsche at a much higher rate and force you to pay a much higher amount than you were paying before.
- Insurance protects not only your car but also your financial assets. It also can pay for medical transport and hospital expenses incurred in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if anyone sues you for causing an accident. If damage is caused by hail or an accident, collision and comprehensive coverages will cover the repair costs.
The benefits of having insurance definitely exceed the cost, especially for larger claims. Unknowingly, the average driver overpays as much as $865 each year so it’s very important to do a rate comparison at every renewal to make sure the price is not too high.
Take advantage of these discounts on Porsche Cayenne insurance in San Francisco
Car insurance companies do not list every discount available in a way that’s easy to find, so the next list breaks down some of the best known and also the more inconspicuous credits that you can use to lower your rates.
- Anti-theft Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and will save you 10% or more on Cayenne insurance in San Francisco.
- Professional Memberships – Participating in certain professional organizations is a simple method to lower premiums on your next insurance statement.
- Discount for Multiple Policies – If you combine your home and auto policies with one insurance company you may save up to 20% off your total Cayenne insurance premium.
- Resident Student – Older children who live away from home at college and do not take a car to college can receive lower rates.
- Discount for New Cars – Buying a new car model can get you a discount because new model year vehicles are generally safer.
- Good Grades Discount – Excelling in school can be rewarded with saving of up to 25%. You can use this discount normally up until you turn 25.
- Cautious Driver Discounts – Insureds without accidents may save up to 50% more than drivers with accidents.
You should keep in mind that most discount credits are not given to all coverage premiums. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. Despite the appearance that you could get a free insurance policy, you’re out of luck.
The diagram below shows the difference between Porsche Cayenne insurance costs with and without discounts applied. The costs are based on a female driver, no accidents or driving violations, California 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 claim-free, multi-car, multi-policy, safe-driver, homeowner, and marriage discounts applied.
Large insurance companies and their possible discounts are shown below.
- 21st Century has savings for anti-lock brakes, air bags, student driver, teen driver, defensive driver, and homeowners.
- Progressive offers discounts for online signing, good student, homeowner, multi-policy, multi-vehicle, and online quote discount.
- State Farm discounts include anti-theft, accident-free, passive restraint, multiple policy, student away at school, and Steer Clear safe driver discount.
- Nationwide may include discounts for anti-theft, multi-policy, business or organization, Farm Bureau membership, and family plan.
- Esurance offers discounts including emergency road assistance, good student, online shopper, Switch & Save, good driver, multi-car, and safety device.
- The Hartford policyholders can earn discounts including anti-theft, bundle, defensive driver, air bag, and driver training.
If you need lower rates, check with all companies you are considering which discounts they offer. Some of the discounts discussed earlier may not apply to policies in your state. For a list of providers with discount rates in San Francisco, click here to view.
Independent versus exclusive insurance agents
Some people would prefer to buy from a licensed agent. A good thing about comparing rate quotes online is the fact that drivers can get the best rates and still buy from a local agent.
For easy comparison, once you complete this simple form, the coverage information is transmitted to insurance agents in San Francisco that give free quotes to get your business. It simplifies rate comparisons since you won’t have to find an agent since price quotes are sent directly to you. You can most likely find cheaper rates and a licensed agent to talk to. If you wish to quote rates from one company in particular, don’t hesitate to find their quoting web page and give them your coverage information.
Finding the right company needs to be determined by more than just the quoted price. The questions below may impact your decision as well.
- Are they able to influence company decisions when a claim is filed?
- Do they offer accident forgiveness?
- Can they provide you with a list of referrals?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Is the agent and/or agency licensed to do business in California?
San Francisco auto insurance agents are either independent or exclusive
When finding a reputable insurance agent or broker, it’s helpful to know the different agency structures that you can choose from. Car insurance agencies can be classified as either independent (non-exclusive) or exclusive.
Exclusive Car Insurance Agencies
Agents in the exclusive channel have only one company to place business with like Farmers Insurance, State Farm, or Allstate. These agents are not able to give you multiple price quotes so they have no alternatives for high prices. Exclusive insurance agents are usually quite knowledgeable on sales techniques which helps them sell insurance even at higher premiums. A lot of people use the same exclusive agent mostly because of loyalty to the company and the convenience of having a single billing for all their coverages.
Shown below is a short list of exclusive insurance agencies in San Francisco who may provide you with comparison quotes.
- Farmers Insurance – Elbert Taylor
386 29th St – San Francisco, CA 94131 – (415) 285-4800 – View Map - Fillia Fransisca – State Farm Insurance Agent
2315 Noriega St – San Francisco, CA 94122 – (415) 661-3726 – View Map - Ron Burks – State Farm Insurance Agent
220 Montgomery St #480 – San Francisco, CA 94104 – (415) 397-2994 – View Map
View more San Francisco agents
Independent Agents (or Brokers)
These agents can sell policies from many different companies so they can insure your vehicles with lots of companies and find the cheapest car insurance rates. To move your coverage to a new company, the business is moved internally without you having to go to a different agency.
If you are comparing rate quotes, it’s a good idea to check rates from several independent insurance agents for maximum quote selection. They also have the ability to place coverage with small regional insurance companies who may have lower rates.
Listed below are San Francisco independent insurance agencies that are able to give rate quotes.
- Scarborough Insurance Agency
329 Bryant St – San Francisco, CA 94107 – (415) 371-1398 – View Map - April Insurance Agency
1788 19th Ave – San Francisco, CA 94122 – (415) 242-8100 – View Map - Nationwide Insurance: Anita Daisy Lo Agency
6037 Geary Blvd – San Francisco, CA 94121 – (415) 592-8388 – View Map
View more San Francisco agents
Everyone needs different car insurance coverages
When quoting and choosing proper insurance coverage, there really isn’t a perfect coverage plan. Your financial needs are unique and a cookie cutter policy won’t apply.
For instance, these questions might help in determining if your situation would benefit from professional advice.
- What is the ISO rating for a Porsche Cayenne?
- How does medical payments coverage work?
- How can I find cheaper teen driver insurance?
- Is my teenager covered with friends in the car?
- Is my ex-spouse still covered by my policy?
- Why do I have to buy liability insurance?
- Why am I required to get a high-risk car insurance policy?
- Can I make deliveries for my home business?
- What is the minimum liability in California?
If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.
Compare. Compare. Compare.
Cheaper Porsche Cayenne insurance in San Francisco can be sourced on the web as well as from independent agents in San Francisco, and you need to price shop both to get a complete price analysis. A few companies do not offer online rate quotes and most of the time these smaller companies work with independent agents.
When shopping online for auto insurance, you should never buy less coverage just to save a little money. There are a lot of situations where consumers will sacrifice physical damage coverage to discover at claim time they didn’t purchase enough coverage. Your strategy should be to buy the best coverage you can find for the lowest cost while still protecting your assets.
More information can be read at the links below
- Understanding Limits and Deductibles (Allstate)
- How Much are Auto Insurance Quotes for Homeowners in San Francisco? (FAQ)
- Who Has Affordable Auto Insurance for Drivers Over Age 60 in San Francisco? (FAQ)
- Who Has Affordable Auto Insurance Rates for High Risk Drivers in San Francisco? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Immigrants in San Francisco? (FAQ)
- Car Insurance FAQ (Trusted Choice)
- Rollover Crash FAQ (iihs.org)
- Safety Features for Your New Car (State Farm)