Cheaper 2014 Volkswagen Passat Insurance Cost

Searching for cheaper car insurance rates? Consumers have many options when looking for the best price on Volkswagen Passat insurance. They can either waste time struggling with agents to compare prices or utilize the internet to make rate comparisons. There are both good and bad ways to compare car insurance rates so you’re going to learn the best way to quote coverages for a new or used Volkswagen and obtain the best price possible either online or from local insurance agents.

Consumers should take time to price shop coverage every six months since insurance rates are adjusted regularly by insurance companies. Even if you got the best deal on Passat insurance a year ago a different company probably has better rates today. Block out anything you think you know about car insurance because you’re about to learn how to use the internet to lower your rates without sacrificing coverage.

If you are insured now or are looking for a new policy, you can learn to reduce the price you pay while maintaining coverages. This information will introduce you to how to effectively get price quotes and some tricks to saving. Vehicle owners just need to understand the most efficient way to get comparison rates online.

Lots of discounts mean lots of savings

Car insurance companies don’t always list all available discounts very clearly, so the following is a list of some of the best known as well as the least known insurance coverage savings. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Anti-theft Discount – Cars that have factory anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Clubs and Organizations – Being a member of certain professional organizations could trigger savings when buying insurance coverage on Passat insurance.
  • Save with a New Car – Putting insurance coverage on a new car can save up to 30% due to better safety requirements for new cars.
  • Paperless Signup – A few companies may give you up to $50 for buying your policy digitally online.
  • Safety Course Discount – Completing a course teaching defensive driving skills could cut 5% off your bill if you qualify.
  • Multi-car Discount – Buying coverage for more than one vehicle on one policy qualifies for this discount.
  • Military Rewards – Being deployed with a military unit can result in better rates.
  • Student in College – Kids in college who are attending college and do not have a car may qualify for this discount.
  • Life Insurance – Larger companies have better rates if you take out life insurance from them.
  • Early Switch Discount – Select companies give a discount for switching policies prior to your current policy expiration. It’s a savings of about 10%.

It’s important to note that some credits don’t apply to the entire cost. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears it’s possible to get free car insurance, it just doesn’t work that way.

Insurance companies that may offer these benefits include:

Double check with all companies you are considering what discounts are available to you. All car insurance discounts may not apply in every state.

Volkswagen Passat rates influenced by many factors

It’s important that you understand some of the elements that come into play when calculating the price you pay for car insurance. Having a good understanding of what influences your rates enables informed choices that can help you get much lower annual insurance costs.

The list below includes some of the factors car insurance companies consider when setting your rates.

  • Don’t sacrifice liability coverage – Liability insurance is the coverage that protects you when a jury decides you are liable for damages from an accident. Liability insurance provides legal defense coverage which can cost thousands of dollars. Liability insurance is quite affordable compared to physical damage coverage, so do not cut corners here.
  • How credit affects car insurance rates – A driver’s credit rating is a important factor in calculating your car insurance rates. Drivers with excellent credit tend to file fewer claims and have better driving records than drivers with lower ratings. Therefore, if your credit history can use some improvement, you could potentially save money when insuring your 2014 Volkswagen Passat by spending a little time repairing your credit.
  • You might want pay the small claims yourself – Auto insurance companies generally give cheaper rates to policyholders who do not rely on their insurance for small claims. If you frequently file small claims, you can expect either higher rates or even cancellation. Car insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Men fork out a little more – Statistics have proven that men are more aggressive behind the wheel. However, don’t assume that women are BETTER drivers than men. Women and men are in accidents at a similar rate, but the men cause more damage and cost insurance companies more money. Men also statistically get cited for more serious violations like DUI and reckless driving.
  • Better crash test results mean better rates – Vehicles with good safety scores can get you lower premiums. Safe vehicles protect occupants better and better occupant protection translates into savings for insurance companies and more competitive rates for policyholders. If your Volkswagen Passat has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Never let your coverage lapse – Having an insurance coverage lapse will be a sure-fire way to trigger a rate increase. Not only will you pay more, failure to provide proof of insurance may earn you a license revocation or jail time.You may then be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.

Situations that might require an agent

When choosing adequate coverage, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s.

For instance, these questions could help you determine whether you would benefit from an agent’s advice.

  • Is motorclub coverage worth it?
  • Do I have coverage if my license is suspended?
  • Why am I required to get a high-risk car insurance policy?
  • Do I need replacement cost coverage?
  • Does coverage extend to Mexico or Canada?
  • What is the minimum liability in my state?
  • Why is insurance for a teen driver so high?
  • Do I get a pro-rated refund if I cancel my policy early?
  • How can I get my company to pay me more for my totalled car?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and can help protect your family.

Auto insurance 101

Knowing the specifics of insurance helps when choosing the right coverages for your vehicles. Insurance terms can be confusing and even agents have difficulty translating policy wording.

Auto liability

Liability insurance will cover injuries or damage you cause to people or other property by causing an accident. It protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability coverage pays for claims such as loss of income, medical services, court costs, structural damage and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but buy higher limits if possible.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Volkswagen Passat.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Auto collision coverage

Collision insurance covers damage to your Passat resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as backing into a parked car, scraping a guard rail and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to bring the cost down.

Comprehensive protection

This will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as damage from getting keyed, fire damage, damage from flooding, falling objects and hitting a bird. The maximum amount your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical expense coverage

Med pay and PIP coverage pay for immediate expenses like funeral costs, EMT expenses, prosthetic devices, X-ray expenses and ambulance fees. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Keep this in mind

Insureds who switch companies do it for any number of reasons including high rates after DUI convictions, policy non-renewal, high prices or even an unsatisfactory settlement offer. It doesn’t matter what your reason, finding a great new company is pretty simple and you could end up saving a buck or two.

Cheaper 2014 Volkswagen Passat insurance can be found on the web in addition to many insurance agents, and you should be comparing both in order to have the best chance of saving money. Some insurance companies do not provide online price quotes and these small insurance companies work with independent agents.

We just showed you a lot of techniques to shop for insurance online. The most important thing to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may even find the best prices are with a lesser-known regional company.

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