Save on 2007 Volkswagen Passat Insurance Rates

Searching for lower car insurance rates for your Volkswagen Passat? Wish you could get out of an expensive car insurance policy? You’re in good company because many drivers have buyer’s remorse.

Vehicle owners have many insurers to insure vehicles with, and although it’s nice to have a selection, it can be more difficult to find the best rates.

The purpose of this post is to tell you how to effectively get price quotes and some money-saving tips. If you currently have a car insurance policy, you stand a good chance to be able to save some money using these tips. But car owners do need to understand how companies price insurance differently and use this information to your advantage.

How to get cheap insurance coverage

To find cheaper rates, there are a couple of ways to compare rate quotes from many different insurance companies. The fastest way to find the lowest Volkswagen Passat rates consists of shopping online. This can be accomplished in a couple of different ways.

The simplest way to find low rates would be an industry-wide quote request form click here to open form in new window. This easy form prevents you from having to do separate quote forms for each company you want a rate for. A single, simple form gets you coverage quotes instantly.

A less efficient way to compare prices consists of going to each company website and complete a new quote form. For sake of this example, we’ll assume you want to get rates from Auto-Owners, State Farm and Farmers. You would be required to spend time on each company’s site to enter your coverage information, which is why most consumers use the first method. For a list of companies in your area, click here.

The method you choose is up to you, but double check that you are using equivalent quote information with each company. If your comparisons have different values for each quote you will not be able to determine which rate is truly the best. Having just a slight variation in coverages may result in a large different in cost. And when comparison shopping, comparing all the rates in your area provides better odds of finding more affordable insurance.

Use discounts on auto insurance

The cost of insuring your cars can be expensive, but discounts can save money and there are some available that can help lower your rates. Many discounts should be triggered at the time of purchase, but a few must be specifically requested before you get the savings. If you aren’t receiving every discount you deserve, you’re paying more than you need to.

  • Waiver for an Accident – This isn’t a discount exactly, but a few companies such as Progressive, Allstate, and Liberty Mutual will turn a blind eye to one accident before your rates go up as long as you don’t have any claims prior to being involved in the accident.
  • Active Military Service – Being deployed with a military unit could be rewarded with lower rates.
  • Payment Discounts – If paying your policy premium upfront instead of monthly or quarterly installments you can avoid monthly service charges.
  • Early Switch Discount – A few auto insurance companies allow discounts for switching to them prior to the expiration date on your current policy. It can save you around 10%.
  • Responsible Driver Discount – Safe drivers can pay as much as 50% less on Passat coverage than drivers with accident claims.
  • Good Students Pay Less – Maintaining excellent grades could provide a savings of up to 20% or more. This discount can apply up to age 25.
  • Discounts for Federal Employees – Having worked for a branch of the government can save as much as 8% on Passat coverage depending on your auto insurance provider.
  • Student in College – who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle may be insured at a cheaper rate.

Please keep in mind that many deductions do not apply to the entire cost. Most only reduce specific coverage prices like collision or personal injury protection. So even though you would think it’s possible to get free car insurance, company stockholders wouldn’t be very happy.

Some of the larger companies that have most of the discounts above include:

Check with all the companies what discounts are available to you. Some discounts may not apply in your area. If you would like to choose from a list of providers offering auto insurance discounts, follow this link.

Smart choices result in lower insurance prices

Many things are considered when you get your auto insurance bill. Some are obvious such as your driving history, although others are more transparent like where you live or your vehicle rating.A large part of saving on insurance is knowing some of the factors that help determine your policy premiums. When consumers understand what determines premiums, this enables you to make decisions that can help you get better insurance rates.

  • Rates can be impacted by your employer – Careers such as military personnel, business owners and stock brokers usually pay the highest average rates in part from stressful work requirements and incredibly demanding work hours. Conversely, careers such as scientists, students and homemakers have lower than average premiums on Passat coverage.
  • Tickets and citations cost more than a fine – Only having one speeding ticket or other violation can boost insurance rates substantially. Drivers who don’t get tickets pay less for auto insurance as compared to those with violations. People who have dangerous tickets like DUI or willful reckless driving may face state-mandated requirements to complete a SR-22 with their state’s licensing department in order to keep their license.
  • Bundle home and auto and save – The majority of insurers allow a discount to buyers that have more than one policy. It’s known as a multi-policy discount. Even if you already get this discount, you still need to check prices from other companies to confirm you are receiving the best rates possible. You may still save even more than the discount even if you insure with multiple companies
  • Battle of the sexes – Over the last 50 years, statistics have shown women tend to be less risk to insure than men. It does not mean females are better at driving than males. Both genders have fender benders in similar numbers, but the males tend to have more serious accidents. Men also tend to receive more costly citations like driving under the influence (DUI).
  • High coverage deductibles save money – Physical damage deductibles represent how much money you are required to spend if a covered claim is submitted. Physical damage insurance, also called ‘full coverage’, is used to repair damage to your car. Some examples of covered claims are collision with another vehicle, damage caused by hail, and having a roll-over accident. The more of the claim you’re willing to pay, the less your company will charge you for insurance on Passat coverage.
  • Discounts for married drivers – Being married can actually save you money on insurance. Having a spouse translates into being more mature and responsible and it’s statistically proven that drivers who are married file infrequent claims.
  • Little extras can really add up – There are many extra coverages that sound like a good idea at the time if you aren’t careful. Insurance for things like replacement cost coverage, towing, and membership fees may be wasting your money. These may sound like a good investment when deciding what coverages you need, but if you’ve never needed them in the past consider taking them off your policy.

Tailor your auto insurance coverage to you

When it comes to buying the best auto insurance coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance needs to address that. For example, these questions can help discover if you would benefit from professional advice.

  • Will I be non-renewed for getting a DUI or other conviction?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Is my 2007 Volkswagen Passat covered for smoke damage?
  • Am I covered by my spouse’s policy after a separation?
  • What if I total my 2007 Volkswagen Passat and owe more than it’s worth?
  • Does medical payments coverage apply to all occupants?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Is my babysitter covered when using my vehicle?
  • Is rental equipment covered for theft or damage?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Don’t be fooled by advertising claims

Well-known insurance companies like Allstate and Progressive constantly bombard you with television and radio advertisements. All the companies make an identical promise that you’ll save big just by switching your coverage to them. How is it plausible that every one can charge you a lower premium? It’s all in how they say it.

Most companies have a certain “appetite” for the driver that is profitable for them. One example of a desirable insured might be a female over age 40, has a clean driving record, and drives a vehicle with a low ISO rating. Any new insured who fits that profile is entitled to the best price as well as save a lot of money.

Insureds who don’t meet these standards will get higher rates which usually ends up with the customer not purchasing. The ads say “customers that switch” not “everyone that quotes” save that much when switching. That’s the way companies can truthfully make claims that they all have the best rates.

Each company has different criteria, so it is so important to do a price quote comparison at every renewal. Because you never know with any certainty which company will have the lowest rate quotes.

Car insurance 101

Understanding the coverages of your policy helps when choosing the right coverages for your vehicles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. These are typical coverage types available from car insurance companies.

Comprehensive coverages – This will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like falling objects, damage from a tornado or hurricane, hitting a deer and damage from flooding. The most a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision coverage – This coverage covers damage to your Passat resulting from a collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like sustaining damage from a pot hole, driving through your garage door, sideswiping another vehicle, crashing into a ditch and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible to bring the cost down.

Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and also any damage incurred to your 2007 Volkswagen Passat.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Usually these limits are similar to your liability insurance amounts.

Liability auto insurance – This coverage protects you from injuries or damage you cause to people or other property that is your fault. It protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 which means $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for claims like structural damage, medical expenses and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but buy as high a limit as you can afford.

Coverage for medical payments – Med pay and PIP coverage pay for expenses for rehabilitation expenses, prosthetic devices, surgery, EMT expenses and doctor visits. They are used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP is not universally available and may carry a deductible

What is YOUR best insurance company?

As you shop your coverage around, don’t be tempted to reduce coverage to reduce premium. There are many occasions where someone dropped uninsured motorist or liability limits and found out when filing a claim that it was a big error on their part. Your aim should be to find the BEST coverage for the lowest cost, but do not sacrifice coverage to save money.

We covered some good ideas how you can save on 2007 Volkswagen Passat insurance. It’s most important to understand that the more times you quote, the higher your chance of finding affordable insurance coverage. You may be surprised to find that the best price on auto insurance is with the least-expected company. These smaller insurers can often provide lower rates in certain areas compared to the large companies like State Farm or Progressive.

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