2014 Volkswagen Passat Car Insurance Cost

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

Finding the best rates is easy if you know what you’re doing. If you currently have a car insurance policy, you will be able to save some money using these techniques. Drivers just need to know the proper way to compare company rates online.

How insurance providers calculate Volkswagen Passat insurance prices

The best way to find cheaper insurance is to take a look at some of the factors that come into play when calculating insurance rates. If you have a feel for what determines premiums, this empowers consumers to make smart changes that may reward you with big savings. Lots of things are part of the equation when premium rates are determined. A few of the factors are predictable like a motor vehicle report, although others are less obvious like your vehicle usage or how financially stable you are.

The itemized list below are a few of the things used by insurance companies to determine your rate level.

  • Improve your credit rating and save – Having a bad credit rating can be a huge factor in determining what you pay. Drivers with good credit tend to file fewer claims than those with worse credit. Therefore, if your credit is low, you may save money insuring your 2014 Volkswagen Passat if you improve your credit rating.
  • Do you really need roadside assistance? – There are a ton of add-on coverages that can add up if you aren’t careful. Insurance for things like replacement cost coverage, towing, and extra life insurance coverage may not be needed and are just wasting money. These coverages may sound good when deciding what coverages you need, but if you’ve never needed them in the past get rid of them and save.
  • Women pay lower rates – The statistics show that females tend to be a little less risky than males. It does not mean females are better at driving than males. Both genders tend to get into auto accidents at a similar rate, but the men cause more damage and cost insurance companies more money. Not only are claims higher, but men get ticketed for serious violations such as driving while intoxicated (DWI) or driving recklessly. Youthful male drivers are most likely to cause an accident and therefore have the most expensive insurance rates.
  • Insurance rates for married couples – Having a significant other can actually save you money when buying insurance. Having a spouse demonstrates that you tend to be less irresponsible and statistics show drivers who are married are more cautious.
  • Minor frequent policy claims are not good – Companies award most affordable rates to insureds that do not abuse their auto insurance. If you are the type of insured that files lots of claims you can definitely plan on higher premiums or even policy non-renewal. Auto insurance is intended for more catestrophic claims.
  • lapses raise rates – Having an insurance coverage lapse will be a guaranteed way to trigger a rate increase. And not only will your rates increase, getting caught without coverage could result in a hefty fine and possibly a revoked license.
  • Physical damage deductibles – The deductibles state the amount of money you are required to spend out-of-pocket before a claim is paid by your company. Insurance for physical damage, aka comp and collision, protects your car from damage. Some examples of covered claims are colliding with a stationary object, collision with a deer, and damage from wind. The more the insured has to pay upfront, the less your insurance will be on Passat insurance.

How to get free insurance quotes online

The majority of larger companies such as Progressive, GEICO, Allstate and State Farm make it easy to get prices for coverage from their websites. Doing online quotes doesn’t take much effort as you just enter your coverage preferences as detailed in the form. Once you submit the form, the quote system requests your driving record and credit report and generates pricing information based on many factors.

Online quotes makes it easy to compare insurance prices but the process of having to visit each company’s website and repetitively complete many quote forms gets old quite quickly. But it’s necessary to have as many quotes as possible if you are searching for the best price on insurance.

An easier way to find cheaper rates uses one simple form that analyzes rates from a lot of companies. It’s a real time-saver, requires less work, and makes price shopping online much more efficient. As soon as you send your information, it is quoted with multiple companies and you can pick your choice of the resulting price quotes. If the quotes result in lower rates, you simply finish the application and buy the policy. This process can be completed in less than 10 minutes and can result in significant savings.

To get comparison pricing now, click here to open in a new tab and begin entering your coverage information. If you currently have coverage, we recommend you complete the form with the coverage information exactly as they are listed on your policy. Using the same limits helps guarantee you will have rate quotes for similar insurance coverage.

Buyer beware of insurance coverage advertising tricks

Consumers get pounded daily by advertisements that claim the lowest prices from companies such as Progressive, GEICO, Allstate and State Farm. All the ads tend to make the same promise that drivers can save some big amount if you change your coverage to them.

How is it possible that every company can offer you a better deal? It’s all in the numbers.

Different companies have specific criteria for the type of customer that earns them the most money. A good example of a preferred risk might have to be married and over the age of 30, carries high limits, and has excellent credit. A propective insured that meets those criteria will most likely get cheap car insurance rates and will most likely save when they switch companies.

Potential customers who are not a match for the requirements may be forced to pay higher premiums with the end result being the customer buying from a different company. The ad wording is “drivers who switch” but not “all drivers who get quotes” save that much when switching. That’s the way companies can truthfully make claims like that. Because each company has a different risk profile, you need to do a price quote comparison at every renewal. It is impossible to guess with any certainty which company will have the lowest rates.

Discounts can really help lower premiums

Insurance coverage is not inexpensive, but there are discounts available to reduce the price significantly. Certain credits will be shown when you quote, but once in a while a discount must be specially asked for prior to receiving the credit.

  • Multiple Vehicles – Having multiple cars with one company can get a discount on all vehicles.
  • Paperwork-free – Some larger companies will provide an incentive for buying a policy and signing up on your computer.
  • Low Mileage – Low annual miles can qualify you for lower premium rates on the low mileage vehicles.
  • ABS Braking Discount – Cars and trucks that have anti-lock braking systems are much safer to drive and therefore earn up to a 10% discount.
  • Defensive Driver Discounts – Passing a course that instructs on driving safety may get you a small discount if your company offers it.

As is typical with insurance, most credits do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So when the math indicates you can get free auto insurance, insurance coverage companies aren’t that generous. Any amount of discount will cut the cost of your policy.

A list of insurance coverage companies and a selection of discounts can be read below.

  • State Farm may have discounts that include defensive driving training, accident-free, driver’s education, anti-theft, good student, and multiple policy.
  • GEICO may include discounts for daytime running lights, air bags, seat belt use, five-year accident-free, multi-vehicle, and driver training.
  • Progressive policyholders can earn discounts including multi-vehicle, good student, online signing, homeowner, multi-policy, continuous coverage, and online quote discount.
  • 21st Century offers discounts for early bird, good student, driver training, air bags, automatic seat belts, student driver, and anti-lock brakes.
  • American Family has savings for good driver, multi-vehicle, good student, mySafetyValet, air bags, and bundled insurance.
  • The Hartford offers discounts including anti-theft, air bag, bundle, good student, and defensive driver.
  • AAA may offer discounts for multi-policy, good student, AAA membership discount, anti-theft, and multi-car.

When quoting, ask each company or agent what discounts are available to you. A few discounts may not be available in your area. To see insurance coverage companies that provide some of the discounts listed above, click this link.

Will just any policy work for me?

When it comes to buying the right insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Every situation is different.

For example, these questions may help highlight if your situation would benefit from an agent’s advice.

  • Is my camper covered by my car insurance policy?
  • Does insurance cover damages from a DUI accident?
  • Do I need roadside assistance coverage?
  • Am I covered if I hit my neighbor’s mailbox?
  • When would I need rental car insurance?
  • Where can I get insurance after a DUI in my state?
  • How do I file an SR-22 for a DUI in my state?
  • How can I get high-risk coverage after a DUI?

If you don’t know the answers to these questions then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form. It’s fast, free and can provide invaluable advice.

Specific coverages for a 2014 Volkswagen Passat

Understanding the coverages of a auto insurance policy can help you determine the best coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your 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. This is the reason having UM/UIM coverage is important protection for you and your family.

Auto collision coverage

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

Collision coverage pays for things such as sideswiping another vehicle, hitting a parking meter, scraping a guard rail, crashing into a building and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Comprehensive insurance

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like hitting a deer, fire damage and hail damage. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for bills for things like X-ray expenses, rehabilitation expenses, funeral costs and nursing services. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Liability

Liability coverage will cover damage or injury you incur to other’s property or people by causing an accident. It protects YOU against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers things like attorney fees, funeral expenses, repair bills for other people’s vehicles, structural damage and court costs. How much liability should you purchase? That is your choice, but buy higher limits if possible.

Don’t throw your cash in the trash

We just covered many ideas to reduce 2014 Volkswagen Passat insurance prices online. The key concept to understand is the more providers you compare, the higher the chance of saving money. Drivers may discover the lowest priced auto insurance comes from some of the smallest insurance companies.

When buying insurance coverage, you should never buy less coverage just to save a little money. There have been many situations where an insured dropped liability coverage limits only to regret that the savings was not a smart move. Your objective should be to get the best coverage possible at the best possible price, but do not skimp to save money.

Insureds change insurance companies for many reasons like policy cancellation, questionable increases in premium, unfair underwriting practices or even high rates after DUI convictions. Whatever your reason, finding a new company is not as hard as you think.

More resources