Porsche Auto Insurance

Porsche Automobile Holding is the official name of the famous sports car manufacturer which is headquartered in Stuttgart, Germany. This high-performance luxury brand is synonymous with speed, sophistication, and refinement. The company was founded in 1931 by an Austrian engineer, Ferdinand Porsche.

In the beginning, Porsche offered consulting and development information to its clients but did not actually manufacture automobiles under the Porsche letterhead. Hitler was in power at the time and commissioned Dr. Porsche to design a car that would meet the needs of the everyday German. The car which Porsche produced was the "People's Car"- Volkswagen. The original Beetle model is one of the most successful car designs of all time. In 1939, the company manufactured and introduced the Porsche 64 which used many of the same components as the Beetle. Porsche was considered an engineering genius and his designs included the first hybrid vehicle, the invention of advanced military tanks for use by the German military, and the first Porsche vehicles.

Porsche's line-up for 2012 includes the Porsche 911 Carrera, the Porsche 911 Carrera 4, the Porsche 911 Carrera GTS, the Porsche 911 GT2 RS, the Porsche 911 GT3, the Porsche 911 Targa 4, the Porsche 911 Turbo, the Porsche Boxster, the Porsche Cayenne, the Porsche Cayman, and the Porsche Panamera. Each of these cars epitomizes the very best in sports car luxury and performance and they each come with a sticker price to match. The Cayenne begins at $48,200 and the Porsche 911 GT2 RS has an MSRP of $245,000. Most of the other models vary between $75,000 and $125,000.

Insurance coverage on an expensive automobile like Porsche will generally cost more than for moderately priced cars. This is mainly due to the high cost of parts and repairs in the event of an accident. The sports car aspect of these vehicles will also generally increase your insurance rates. On the other hand, these automobiles come fully equipped with the latest safety features and anti-theft devices which will help keep the cost of an annual premium low.

It's a good idea to contact several different insurance companies and compare quotes before making a final decision. Agents use many factors when determining the cost of your insurance. The make and model of the vehicle are considered but your personal information is normally weighed more heavily. This includes your driving record, your age, where you live, and even your credit score.

There are things you can do to help lower the cost of your insurance premiums. Maintain a clean driving record and take advantage of available discounts. Most insurance companies offer various discounts such as safe driver, good student, low mileage, and many others. Check with your agent to see if you qualify.

Considering the six figure price tags for most of the Porsche models, it is obvious that insuring a Porsche will not be cheap. If you are purchasing such a high-value vehicle, it is recommended that you invest in a state-of-the-art security system, GPS tracking system and other top quality anti-theft devices. The more safety features your Porsche has, the lower your premium should be.