Lower Your 2017 Volkswagen Passat Car Insurance Cost

Want the cheapest insurance rates for your Volkswagen Passat? Do you get exhausted from robbing Peter to pay Paul to buy insurance? You are no different than many other drivers.

There are many insurers to choose from, and even though it’s nice to be able to choose, too many choices makes it more difficult to locate the cheapest rates.

Get lower rates by getting discounts

Some companies don’t always list every possible discount in a way that’s easy to find, so below is a list some of the best known and the harder-to-find credits available to bring down your rates. If they aren’t giving you every credit possible, you’re just leaving money on the table.

  • Homeowners Pay Less – Simply owning a home can save a few bucks because of the fact that having a home shows financial diligence.
  • Pay Early and Save – By paying your policy upfront rather than paying monthly you can avoid the installment charge.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems have a lower chance of being stolen and earn discounts up to 10% off your auto insurance quote.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes are safer to drive so companies give up to a 10% discount.
  • Driver’s Ed – It’s a good idea to have your young drivers complete a driver education course in school or through a local driver safety program.
  • Multi-policy Discount – If you combine your home and auto policies and insure them both with the same insurance company you could save approximately 10% to 15%.
  • Discount for Swiching Early – A few insurance coverage companies give discounts for switching companies before your current policy expires. This discount can save up to 10%.
  • New Vehicle Savings – Adding a new car to your policy can cost up to 25% less compared to insuring an older model.

As is typical with insurance, some credits don’t apply to the overall cost of the policy. Most only cut specific coverage prices like liability and collision coverage. Even though the math looks like having all the discounts means you get insurance for free, it’s just not the way it works.

Car insurance companies that may offer policyholders these money-saving discounts include:

Before buying, ask each insurance company how you can save money. All car insurance discounts might not apply in your area. If you would like to view companies that have a full spectrum of discounts, click here to view.

Learn how to lower your insurance costs

The best way to find cheaper insurance coverage is to take a look at some of the things that aid in calculating the rates you pay for insurance coverage. If you understand what determines base rates, this allows you to make educated decisions that can earn you lower rates. Many factors are part of the equation when you quote your car insurance policy. Some of the criteria are obvious such as your driving history, although some other factors are not quite as obvious like your vehicle usage or your commute time.

The itemized list below are a few of the things utilized by car insurance companies to help set your prices.

  • Your location is a factor – Choosing to live in less populated areas of the country can be a good thing when insuring your vehicles. Less people living in that area means a lower chance of having an accident and a lower car theft rate. Urban drivers tend to have much more traffic and more time behind the wheel. Spending more time driving means a statistically higher chance of an accident.
  • Raise physical damage deductibles and save – Comp and collision deductibles are how much you are required to spend out-of-pocket if a claim is determined to be covered. Protection for physical damage, aka comp and collision, insures against damage to your car. Examples of some claims that would be covered are collision with another vehicle, damage caused by hail, and having a roll-over accident. The more you have to pay, the bigger discount you will receive for Passat coverage.
  • Stressful employer may mean higher prices – Do you have a high-stress occupation? Careers such as real estate brokers, architects and financial analysts tend to have higher average rates because of job stress and lengthy work days. On the flip side, occupations such as farmers, students and retirees pay the least for Passat coverage.
  • Safeguard your assets with liability insurance – Liability coverage is the protection if you are ruled to be at fault for causing personal injury or damage in an accident. Your policy’s liability insurance provides legal defense which can cost a lot. This coverage is relatively inexpensive as compared to coverage for physical damage, so buy as much as you can afford.
  • Do you know you’re credit score? – Having a good credit score can be a huge factor in determining your rates. Drivers who have very good credit scores tend to be more responsible and file fewer claims than drivers who have poor credit scores. Therefore, if your credit rating is lower than you’d like, you could potentially save money when insuring your 2017 Volkswagen Passat by improving your rating.
  • Better drivers pay less – Whether or not you get tickets influences premium rates substantially. Just one citation may increase your cost twenty percent or more. Careful drivers receive lower rates than people who have multiple driving citations. Drivers who have received flagrant violations such as DWI, reckless driving or hit and run convictions may find that they have to to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to keep their license.
  • Save annual miles and save money – The more miles you rack up on your Volkswagen in a year’s time the more you’ll pay to insure your vehicle. Many insurance companies price each vehicle’s coverage based upon how much you drive. Autos that do not get driven very much cost less to insure than vehicles that have high annual mileage. Incorrect rating for your Passat is throwing money out the window. It’s a smart idea to ensure your declarations sheet states the correct usage for each vehicle.

Your insurance coverage should be tailored to you

When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Each situation is unique so your insurance should reflect that These are some specific questions can help discover whether you might need professional guidance.

  • When can my company non-renew my policy?
  • How do I insure my teen driver?
  • Am I covered when driving on a suspended license?
  • If my pet gets injured in an accident are they covered?
  • Am I covered if I hit a deer?
  • I don’t drive much so do I pay less?
  • Do I have any recourse if my insurance company denies a claim?
  • Is my babysitter covered when using my vehicle?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies.

Auto insurance coverage specifics

Knowing the specifics of a auto insurance policy can be of help when determining appropriate coverage for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find the usual coverages offered by auto insurance companies.

Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as rolling your car, colliding with a tree and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Liability coverages – This coverage will cover injuries or damage you cause to a person or their property. This coverage protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability can pay for things such as pain and suffering, loss of income, court costs and legal defense fees. How much liability should you purchase? That is your choice, but you should buy as high a limit as you can afford.

Comprehensive protection – Comprehensive insurance pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like rock chips in glass, damage from flooding and theft. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Uninsured or underinsured coverage – This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as damage to your Volkswagen Passat.

Because many people 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.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for nursing services, dental work, EMT expenses and pain medications. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers getting struck while a pedestrian. PIP is not universally available and may carry a deductible

More comparisons equals lower rates

When you buy auto insurance online, do not sacrifice coverage to reduce premiums. In many instances, an insured dropped liability coverage limits and found out when filing a claim they didn’t have enough coverage. The goal is to find the BEST coverage at the best possible price.

You just read some good ideas how you can get a better price on 2017 Volkswagen Passat insurance. The key concept to understand is the more times you quote, the better likelihood of getting the cheapest auto insurance. Consumers may even find the lowest prices come from a smaller regional carrier. These companies often have lower rates on specific markets than their larger competitors like Allstate and Progressive.

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