2004 Volkswagen Phaeton Insurance Rates

Trying to find better auto insurance rates for your Volkswagen Phaeton? Having to pay for overpriced auto insurance can dwindle your personal savings and put the squeeze on your family’s finances. Doing a price comparison is a great way to make sure you’re not throwing money away.

Insurance companies such as GEICO, 21st Century and Progressive continually hit you with fancy advertisements and consumers find it hard to separate fact from fiction and effectively compare rates to find the best deal.

The method we recommend to get rate comparisons is to realize almost all companies provide online access to give free rates quotes. The only thing you need to do is provide details including your credit rating estimate, how much you drive, what your job is, and level of coverage desired. Your details is then submitted to multiple car insurance providers and they provide comparison quotes within a short period of time.

To compare rates now, click here and enter your zip code.

Do drivers who switch really save $388 a year?

Companies like Allstate, GEICO and Progressive continually stream ads on television and other media. All the ads make an identical promise of big savings after switching to their company. How does each company make the same claim?

Different companies have a preferred profile for the right customer that is profitable for them. An example of a profitable customer could possibly be between 25 and 40, has no driving citations, and has a short commute. A driver who fits that profile will qualify for the lowest rates and as a result will probably pay quite a bit less when switching companies.

Potential customers who don’t qualify for these standards will have to pay a higher premium which usually ends up with business going elsewhere. The ad wording is “people who switch” but not “drivers who get quotes” save money. This is how companies can truthfully claim big savings.

Because of the profiling, it is so important to compare as many rates as you can. Because you never know which company will fit your personal profile best.

Discounts on Volkswagen Phaeton insurance

Car insurance is not cheap, but there are discounts available to cut the cost considerably. Most are applied when you complete an application, but a few need to be requested specifically before you get the savings.

  • New Car Discount – Insuring a new car can be considerably cheaper since new cars are generally safer.
  • Multiple Policy Discount – If you insure your home and vehicles with one company you may earn at least 10% off all policies.
  • Military Discounts – Being on active duty in the military may qualify for rate reductions.
  • Driver’s Ed – Require your teen driver to complete a driver education course in school.
  • One Accident Forgiven – Some insurance companies will allow you to have one accident without raising rates as long as you don’t have any claims for a particular time prior to the accident.
  • Accident Free – Claim-free drivers pay less as compared to bad drivers.
  • Own a Home – Being a homeowner may trigger a car insurance policy discount because maintaining a house shows financial diligence.
  • Anti-theft System – Cars that have factory anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Paperwork-free – Certain companies will discount your bill up to fifty bucks simply for signing online.
  • Drive Less and Save – Driving fewer miles can qualify you for lower rates on the low mileage vehicles.

Consumers should know that some of the credits will not apply to the entire cost. Most only cut individual premiums such as collision or personal injury protection. So even though they make it sound like you would end up receiving a 100% discount, you won’t be that lucky. But any discount will bring down the amount you have to pay.

Companies that may offer these money-saving discounts are:

Before buying, ask each insurance company which discounts you may be entitled to. All car insurance discounts might not be offered in your area.

Tailor your coverage to you

When it comes to buying adequate coverage for your vehicles, there really is no perfect coverage plan. Each situation is unique so this has to be addressed. These are some specific questions might help in determining if your situation will benefit from professional help.

  • Do I get a pro-rated refund if I cancel my policy early?
  • What is the rate difference between pleasure use and commuting?
  • Should I bundle my homeowners policy with my auto?
  • How can I get my company to pay me more for my totalled car?
  • What is roadside assistance coverage?
  • Are there companies who specialize in insuring high-risk drivers?
  • When would I need additional glass coverage?

If you’re not sure about those questions then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance companies in your area.

What auto insurance coverages do you need?

Having a good grasp of a auto insurance policy can help you determine appropriate coverage for your vehicles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. These are typical coverage types found on most auto insurance policies.

Auto liability insurance – Liability insurance protects you from damage or injury you incur to other people or property that is your fault. This insurance protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 which stand for a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Another option is one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.

Liability can pay for claims like repair bills for other people’s vehicles, structural damage, legal defense fees and emergency aid. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a deer, hail damage, hitting a bird and vandalism. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical costs insurance – Coverage for medical payments and/or PIP provide coverage for expenses like funeral costs, pain medications, X-ray expenses, surgery and hospital visits. They are used to fill the gap from your health insurance plan or if you do not have health coverage. They cover you and your occupants in addition to getting struck while a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision coverage – This pays for damage to your Phaeton from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like driving through your garage door, backing into a parked car, rolling your car and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible to save money on collision insurance.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Buy Smart and Save

When you buy insurance online, it’s not a good idea to skimp on coverage in order to save money. There have been many cases where an accident victim reduced full coverage and found out when filing a claim they didn’t purchase enough coverage. The proper strategy is to buy a smart amount of coverage for the lowest price while still protecting your assets.

Throughout this article, we presented a lot of tips how to reduce 2004 Volkswagen Phaeton insurance prices online. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. Consumers could even find that the lowest premiums are with a small local company. These smaller insurers may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive or GEICO.

Much more information about insurance can be found on the following sites: