2007 Volkswagen Passat Car Insurance Rates

Trying to find better auto insurance rates for your Volkswagen Passat? Overpriced Volkswagen Passat insurance can take a big chunk out of your bank account and make it hard to pay other bills. Comparing price quotes is a great way to lower your monthly bill.

Since consumers have many options when it comes to auto insurance, it is very difficult to choose the most cost effective insurer.

Why your Volkswagen Passat insurance rates may be high

Consumers need to have an understanding of the rating factors that help determine your auto insurance rates. Understanding what influences your rates empowers consumers to make smart changes that could result in better auto insurance rates.

  • Special features that cut premiums – Purchasing a vehicle with a theft deterrent system can help bring down rates. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your vehicle from being stolen.
  • Rates may be lower depending on your job – Did you know that where you work can have an impact on rates? Occupations such as real estate brokers, architects and financial analysts tend to have higher average rates because of job stress and lots of time spent at work. Conversely, professions such as scientists, engineers and performers receive lower rates for Passat insurance.
  • Women pay lower rates – Statistics demonstrate women are more cautious behind the wheel. Now that doesn’t mean women are BETTER drivers than men. They both tend to get into accidents at about the same rate, but the men tend to have more serious accidents. Men also statistically have more aggressive citations like DUI and reckless driving.
  • Extra coverages can waste money – There are a ton of extra bells and whistles that can waste your money when buying auto insurance. Things like roadside assistance, accident forgiveness and membership fees are examples of these. These coverages may sound good when you first buy your policy, but your needs may have changed so remove them from your policy.
  • Where do you drive? – The more miles you rack up on your Volkswagen in a year’s time the more you’ll pay to insure your vehicle. Almost all companies apply a rate based on how the vehicle is used. Autos used primarily for pleasure use get more affordable rates compared to those used for work or business. Double check that your auto insurance policy properly reflects how each vehicle is driven. Incorrect usage on your Passat may be wasting your money.
  • Marriage pays dividends – Getting married can actually save you money on your policy. It means you’re more mature and it’s proven that married couples file fewer claims.
  • Liability insurance protects assets – Liability coverage will protect you if you are found liable for damages caused by your negligence. It provides for a legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not skimp.

Discounts can save BIG

Companies do not advertise all their discounts in a way that’s easy to find, so here is a list both the well known and also the lesser-known ways to save on auto insurance.

  • Save over 55 – Mature drivers may be able to get a discount up to 10% for Passat insurance.
  • Drivers Education – Cut your cost by having your teen driver take driver’s ed class in school.
  • Accident Waiver – Certain 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.
  • Safe Drivers – Safe drivers may receive a discount up to 45% less for Passat insurance than less cautious drivers.
  • Student in College – Children who live away from home and do not have access to a covered vehicle may be able to be covered for less.

Keep in mind that most credits do not apply to the entire cost. A few only apply to individual premiums such as comp or med pay. So when it seems like adding up those discounts means a free policy, you’re out of luck.

Companies who might offer some of the above discounts may include but are not limited to:

Check with each insurance company which discounts they offer. All car insurance discounts might not be offered everywhere.

Will just any policy work for me?

When it comes to choosing proper insurance coverage, there really is no single plan that fits everyone. Everyone’s situation is a little different so this has to be addressed. For instance, these questions might help in determining if your situation will benefit from professional help.

  • What is the ISO rating for a 2007 Volkswagen Passat?
  • Is my teen driver covered when they drive my company car?
  • Will my insurance pay for OEM parts?
  • Is upholstery damage covered by car insurance?
  • Are there companies who specialize in insuring high-risk drivers?
  • What happens if I owe more than my 2007 Volkswagen Passat is worth?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Auto insurance coverages

Understanding the coverages of a car insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Below you’ll find the normal coverages available from car insurance companies.

UM/UIM Coverage

This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your Volkswagen Passat.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Collision coverage protection

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like crashing into a building, scraping a guard rail, crashing into a ditch and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to raise the deductible to get cheaper collision coverage.

Liability coverage

This will cover damage that occurs to other’s property or people. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 50/100/50 which means a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against things like medical expenses, attorney fees, legal defense fees and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but buy higher limits if possible.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for doctor visits, EMT expenses, pain medications and surgery. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as rock chips in glass, a tree branch falling on your vehicle, hail damage and damage from flooding. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Don’t break the bank

Throughout this article, we presented some good ideas how you can shop for 2007 Volkswagen Passat insurance online. The most important thing to understand is the more rate quotes you have, the better chance you’ll have of finding lower rates. You may be surprised to find that the lowest priced car insurance comes from a small mutual company. These companies can often insure niche markets at a lower cost as compared to the big name companies such as GEICO and State Farm.

As you shop your coverage around, you should never buy less coverage just to save a little money. In too many instances, someone dropped liability limits or collision coverage and learned later they didn’t have enough coverage. The ultimate goal is to buy enough coverage at an affordable rate while still protecting your assets.

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