Best Insurance for a Porsche Panamera in Tulsa

Discount Porsche Panamera insuranceInconceivable but true, 70% of consumers have purchased from the same company for at least the last four years, and just short of a majority have never quoted auto insurance rates at all. With the average auto insurance premium being $1,847, American drivers can cut their rates by 46.5% a year, but most undervalue the amount of money they would save if they just switched companies.

The easiest way to get the cheapest auto insurance rates is to start comparing prices regularly from companies who sell insurance in Tulsa. Price quotes can be compared by completing these steps.

One thing to remember is to try to compare similar limits and deductibles on every quote and to quote with as many different insurance providers as possible. Doing this helps ensure an apples-to-apples comparison and a thorough selection of prices.

The method we recommend to get policy rate comparisons for Porsche Panamera insurance in Tulsa is to know the fact most of the bigger providers provide online access to give free rates quotes. To get started, all you need to do is provide details like if you went to college, your credit rating estimate, daily mileage, and whether you are married. Your details is instantly sent to many different companies and you will receive price estimates instantly to find the best rate.

To start a rate quote now, click here and find out if you can get cheaper insurance in Tulsa.

The companies shown below have been selected to offer free rate quotes in Oklahoma. In order to find cheap auto insurance in Tulsa, OK, we recommend you compare several of them to find the most affordable auto insurance rates.

Rates and information analytics

The coverage information shown next highlights estimates of insurance costs for Porsche Panamera models. Understanding how car insurance prices are determined can help customers make decisions when shopping around.

Porsche Panamera Insurance Rates in Tulsa, OK
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Panamera S 4-Dr Hatchback $656 $1490 $584 $34 $174 $2,938 $245
Panamera 4S AWD 4-Dr Hatchback $656 $1630 $584 $34 $174 $3,078 $257
Panamera Turbo AWD 4-Dr Hatchback $752 $1910 $584 $34 $174 $3,454 $288
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Table data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Oklahoma minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Table data does not factor in zip code location which can impact rates greatly.

Can higher deductibles save money?

When comparing auto insurance rates, the most common question is how high should the physical damage deductibles be. The comparisons below may help to conceptualize the price difference between high and low deductibles. The first rate quote example uses a $100 deductible for comp and collision and the second rate chart uses a $1,000 deductible.

Porsche Panamera insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Panamera S 4-Dr Hatchback $684 $1318 $448 $26 $134 $2,635 $220
Panamera 4S AWD 4-Dr Hatchback $684 $1442 $448 $26 $134 $2,759 $230
Panamera Turbo AWD 4-Dr Hatchback $784 $1692 $448 $26 $134 $3,109 $259
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Porsche Panamera insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Panamera S 4-Dr Hatchback $380 $694 $448 $26 $134 $1,682 $140
Panamera 4S AWD 4-Dr Hatchback $380 $760 $448 $26 $134 $1,748 $146
Panamera Turbo AWD 4-Dr Hatchback $434 $892 $448 $26 $134 $1,934 $161
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Premium costs do not factor in the specific area where the vehicle is garaged which can alter premium rates significantly.

Based on these figures, using a $100 deductible will cost you about $87 more each month or $1044 each year across all Porsche Panamera models than requesting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you average at least 10 months between claims, you would save more money by going with a higher deductible.

How to decide to raise your deductibles

Average monthly premium for $100 deductibles: $236
Average monthly premium for $1,000 deductibles (subtract): – $149
Monthly savings from raising deductible: $87
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $87
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 10 months

One important note is that increasing deductibles to save money results in more money out-of-pocket when you have a comprehensive or collision claim. You need to have some money saved in order to pay the deductible to have repairs made.

Score discounts on Tulsa insurance

Insuring your fleet can be pricey, but there could be significant discounts to reduce the price significantly. Certain credits will be shown at quote time, but some need to be manually applied prior to getting the savings.Discount insurance

A little disclaimer on discounts, most credits do not apply to your bottom line cost. Some only apply to specific coverage prices like collision or personal injury protection. Despite the fact that it seems like it’s possible to get free car insurance, it doesn’t quite work that way. But all discounts will definitely lower the amount you have to pay.

The diagram below illustrates the comparison of Porsche Panamera car insurance rates with and without discounts applied. The prices are based on a female driver, no accidents, no driving violations, Oklahoma state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, safe-driver, homeowner, multi-car, and marriage discounts applied.

If you would like to see a list of insurance companies with significant discounts in Tulsa, click this link.

Three main reasons to buy insurance

Even though Tulsa Panamera insurance rates can get expensive, paying for insurance is not optional due to several reasons.

The benefits of insuring your car are without a doubt worth the cost, especially with large liability claims. According to a 2015 survey, the average American driver is overpaying more than $700 annually so it’s important to compare rates at every policy renewal to ensure rates are competitive.

Auto insurance agents near you

Many drivers would rather sit down and talk to an agent. A nice benefit of price shopping on the web is you can get better rates and still have an agent to talk to.

Once you complete this short form, the coverage information is submitted to companies in Tulsa who want to provide quotes for your insurance coverage. You never need to drive around due to the fact that quote results will go directly to you. You’ll get the best rates and a licensed agent to talk to. If you have a need to get a comparison quote from a specific insurance company, you just need to search and find their rate quote page and fill out the quote form the provide.

Finding the right provider requires you to look at more than just the premium amount. Below are some questions you should ask.

Types of car insurance agents

When narrowing the list to find a reliable insurance agency, you must know there are a couple different agency structures to choose from. Insurance agencies in Tulsa can be categorized as either exclusive or independent agents depending on their company appointments.

Exclusive Insurance Agents

Agents that elect to be exclusive can only write with one company such as State Farm, Allstate and AAA. They usually cannot compare other company’s rates so they are skilled at selling on more than just price. Exclusive insurance agents are very knowledgeable on their company’s products which helps them sell on service rather than price.

Listed below is a list of exclusive insurance agencies in Tulsa who can help you get price quote information.

10115 S Sheridan Rd dTulsa, OK 74133(918) 299-9995View Map

3015 E 15th StTulsa, OK 74104(918) 712-5979View Map

Gail Boyce – State Farm Insurance Agent
6149 S Peoria AveTulsa, OK 74136(918) 747-6866View Map

More insurance agents

Independent Agents

Independent agents are not employed by any specific company so they have the ability to put coverage with an assortment of companies and find you the best rates. If prices rise, an independent agent can move your coverage and you stay with the same agent.

If you need cheaper insurance rates, we recommend you get some free quotes from a few independent agents to have the most options to choose from.

Listed below are independent insurance agencies in Tulsa that are able to give price quote information.

6965 S 69th E AveTulsa, OK 74133(918) 743-9868View Map

4724 S Union AveTulsa, OK 74107(918) 446-4421View Map

4100 E 51st St #105Tulsa, OK 74135(918) 743-2886View Map

More insurance agents

If you get answers to your satisfaction to any questions you may have and a low price estimate, you may have just found an insurance agency that meets the criteria to adequately provide insurance.

Specific coverage details

Learning about specific coverages of your policy can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverage types found on most car insurance policies.

Medical expense insurance

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for things like surgery, rehabilitation expenses, ambulance fees and doctor visits. They are often utilized in addition to your health insurance program or if you do not have health coverage. It covers all vehicle occupants and will also cover getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Comprehensive (Other than Collision)

This covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things such as damage from getting keyed, fire damage, rock chips in glass, hitting a bird and hitting a deer. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Auto liability insurance

Liability insurance can cover damages or injuries you inflict on people or other property by causing an accident. This insurance protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/25 that translate to a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers claims like funeral expenses, repair bills for other people’s vehicles, loss of income, medical expenses and medical services. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as large an amount as possible. Oklahoma state minimum liability requirements are 25/50/25 but drivers should carry better liability coverage.

The chart below shows why buying low liability limits may not be adequate coverage.

Auto collision coverage

Collision insurance covers damage to your Panamera resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like sustaining damage from a pot hole, rolling your car, driving through your garage door, hitting a mailbox and backing into a parked car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to choose a higher deductible on your Panamera to save money on collision insurance.

Protection from uninsured/underinsured drivers

This protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as damage to your Porsche Panamera.

Since a lot of drivers carry very low liability coverage limits (25/50/25), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.