Cheaper 2001 Volkswagen Passat Car Insurance Cost

Wish you could get out of an expensive insurance policy? Believe me when I say there are lots of residents who feel the same. There are many insurance companies to purchase coverage from, and though it is a good thing to have multiple companies, having more insurers makes it harder to find the lowest rates.

It’s a great practice to compare prices yearly because prices tend to go up over time. Despite the fact that you may have had the lowest rates on Passat coverage last year there may be better deals available now. There is a lot of bad advice regarding insurance online, but in just a couple of minutes you can learn the best ways to save money.

Finding the best rates is not rocket science. If you currently have car insurance, you should be able to save some money using these methods. Drivers just need to know the proper way to shop over the internet.

The quickest way to get policy rate comparisons is to know the trick all the major auto insurance companies have advanced systems to compare their rates. To get started, all you need to do is provide information including driver ages, if it has an anti-theft system, whether your vehicle is owned or leased, and whether the vehicles are used for commuting. Your details gets transmitted to multiple companies and they provide comparison quotes instantly.

Discounts can really help save money

Auto insurance is not cheap nor is it fun to buy but you may qualify for discounts that many people don’t even know exist. Larger premium reductions will be automatically applied at the time of purchase, but less common discounts must be manually applied prior to getting the savings. If you are not receiving all the discounts you deserve, you’re just leaving money on the table.

Federal Government Employee – Active or retired federal employment may reduce rates when you quote insurance on Passat coverage with certain companies.
Anti-theft System – Cars, trucks, and SUVs with anti-theft systems are stolen with less frequency and that can save you a little bit as well.
Discounts for Seat Belt Usage – Requiring all passengers to use their safety belts can save up to 10 percent (depending on the company) on medical payment and PIP coverage.
Own a Home and Save – Just being a homeowner can earn you a little savings because owning a home is proof of financial responsibility.
Auto/Home Discount – If you insure your home and vehicles with one insurance company you could get a discount of over 10 percent off each policy depending on the company.

You should keep in mind that some credits don’t apply to the entire cost. Some only reduce the price of certain insurance coverages like medical payments or collision. Even though the math looks like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

A list of auto insurance companies and the discounts they provide are detailed below.

GEICO discounts include air bags, emergency military deployment, seat belt use, anti-theft, membership and employees, military active duty, and multi-vehicle.
SAFECO includes discounts for anti-theft, teen safety rewards, multi-car, safe driver, and homeowner.
State Farm has savings for good student, multiple autos, good driver, driver’s education, defensive driving training, Drive Safe & Save, and Steer Clear safe driver discount.
MetLife may have discounts that include accident-free, good driver, defensive driver, multi-policy, and good student.
21st Century offers discounts including air bags, student driver, driver training, homeowners, and early bird.
Progressive policyholders can earn discounts including good student, continuous coverage, multi-policy, homeowner, multi-vehicle, online signing, and online quote discount.

It’s a good idea to ask each insurance company to give you their best rates. Discounts might not be available to policyholders in every state. For a list of auto insurance companies that can offer you the previously mentioned discounts, click here.

Will just any policy work for me?

When buying the best insurance coverage for your personal vehicles, there really is not a one size fits all plan. Every situation is different so this has to be addressed. For example, these questions can help discover if your insurance needs might need professional guidance.

Are my friends covered when driving my car?
Are my friends covered when driving my 2001 Volkswagen Passat?
When do I need to add a new car to my policy?
How do I insure my teen driver?
Is my 2001 Volkswagen Passat covered for flood damage?
Can I pay claims out-of-pocket if I buy high deductibles?
What is the ISO rating for a 2001 Volkswagen Passat?
How much liability coverage do I need in my state?
Should I file a claim if it’s only slightly more than my deductible?
If I drive on a suspended license am I covered?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.

Detailed coverages of your auto insurance policy

Having a good grasp of a auto insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Below you’ll find the normal coverages available from auto insurance companies.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like vandalism, falling objects and hitting a bird. The highest amount your auto insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for short-term medical expenses like nursing services, hospital visits, surgery and EMT expenses. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Collision coverage

This covers damage to your Passat resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for things like crashing into a building, rolling your car, sustaining damage from a pot hole, colliding with another moving vehicle and hitting a parking meter. This coverage can be expensive, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Liability

Liability insurance provides protection from damage or injury you incur to other people or property that is your fault. It protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability insurance covers things like repair bills for other people’s vehicles, funeral expenses and medical expenses. How much coverage you buy is your choice, but consider buying as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.