View 2001 Volkswagen EuroVan Insurance Quotes

Want lower auto insurance rates for your Volkswagen EuroVan? Did you come to the realization that you have an overpriced auto insurance policy? It’s a common feeling and you are not the only one feeling buyer’s remorse.

Insurance companies such as Geico, Progressive and Allstate all claim big savings with catchy ads and it can be hard to see through the cute green geckos and mayhem and effectively compare rates to find the best deal.

You need to do price comparisons at least once a year because rates are variable and change quite frequently. Just because you had the lowest rate for Eurovan insurance six months ago other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because it’s time to teach you one of the best ways to lower your annual insurance bill.

Components of your Volkswagen EuroVan insurance prices

Part of the insurance buying process is learning the factors that are used to determine your policy premiums. If you know what influences your rates, this enables informed choices that could result in lower insurance prices. Many factors are used when you get your auto insurance bill. Some factors are common sense such as your driving history, although others are less apparent like your continuous coverage or how safe your car is.

  • Insurance rates in urban areas – Being located in smaller towns and rural areas of the country is a good thing when insuring your vehicles. City drivers have to deal with more aggressive driving styles and much longer commute distances. Fewer drivers means less chance of accidents.
  • Companies want multiple policies – Lots of insurance companies give better rates to insureds who consolidate policies with them, otherwise known as a multi-policy discount. Even if you already get this discount, it’s always a smart idea to get quotes from other companies to ensure the best deal.
  • Job and insurance rates – Jobs like real estate brokers, social workers and medical professionals have the highest rates because of job stress and extremely grueling work hours. Conversely, occupations like farmers, engineers and the unemployed pay the least for Eurovan insurance.
  • Pay lower costs if you’re married – Having a wife or husband can actually save you money when buying insurance. It usually means you are more mature it has been statistically shown that drivers who are married file infrequent claims.
  • Save by driving cars with good safety ratings – Vehicles with high crash test scores can get you lower premiums. Safe vehicles reduce injuries and any reduction in injury severity means less money paid by your insurance company and thus lower rates. If your Volkswagen earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • How much liability protection do you need? – Liability coverage is the protection in the event that a jury decides you are liable for damages caused by your negligence. Your policy’s liability insurance provides you with a defense in court which can cost thousands of dollars. Liability insurance is quite affordable compared to insuring for physical damage coverage, so drivers should carry high limits.

Discounts can really help lower premiums

Some companies don’t list the entire discount list in a way that’s easy to find, so the list below gives a summary of a few of the more well known as well as some of the hidden credits available to you.

  • Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to wear their seat belts could save 15% off PIP or medical payments premium.
  • Driver Safety – Successfully completing a class that teaches driver safety techniques can save you 5% or more if you qualify.
  • Student Driver Training – Reduce the cost of insurance for teen drivers by having them enroll in driver’s education as it will make them better drivers and lower rates.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags or motorized seat belts can get savings of more than 20%.
  • Low Mileage – Low annual miles may allow you to get substantially lower insurancerates.
  • No Claim Discounts – Drivers with accident-free driving histories get the best insurance rates as compared to accident-prone drivers.
  • Theft Prevention System – Vehicles optioned with advanced anti-theft systems help deter theft and that can save you a little bit as well.
  • Telematics Discount – People who choose to allow their company to spy on driving habits by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm might get better premium rates if their driving habits are good.
  • Early Signing – Some larger companies give discounts for buying a new policy early. You can save around 10% with this discount.

You should keep in mind that most discounts do not apply to the entire policy premium. Most only cut the cost of specific coverages such as medical payments or collision. Despite the fact that it seems like all those discounts means the company will pay you, it’s just not the way it works.

Companies and a partial list of their discounts can be read below.

  • 21st Century may include discounts for defensive driver, homeowners, teen driver, early bird, and good student.
  • Progressive offers premium reductions for multi-policy, online quote discount, online signing, good student, and homeowner.
  • State Farm offers discounts including driver’s education, passive restraint, multiple policy, Steer Clear safe driver discount, safe vehicle, defensive driving training, and anti-theft.
  • Nationwide includes discounts for Farm Bureau membership, accident-free, multi-policy, easy pay, and anti-theft.
  • Esurance may offer discounts for claim free, DriveSense, good driver, safety device, paid-in-full, defensive driver, and anti-theft.
  • The Hartford may have discounts that include vehicle fuel type, defensive driver, anti-theft, good student, air bag, bundle, and driver training.

Before purchasing a policy, check with every insurance company how you can save money. Savings might not apply in your area. If you would like to see a list of companies with discount rates, click this link.

Save $491 a year? Really?

Insurance coverage companies such as Allstate and Progressive continually stream ads on TV and radio. All the companies make the same claim that people will save after switching to them. But how can every company cost less than your current company? It’s all in how they say it.

Many companies have specific guidelines for the type of driver that will not have excessive claims. An example of a profitable customer might be described as a married male, has had continuous coverage, and has a high credit rating. Any new insured that meets those criteria may get the lowest prices and most likely will save when they switch companies.

Insureds who don’t measure up to the “perfect” profile may receive higher prices which leads to business not being written. The ads say “people who switch” not “everyone that quotes” save that kind of money. That’s the way insurance companies can confidently advertise the way they do. This really drives home the point why you need to get a wide range of price quotes. It is just not possible to predict which insurance companies will have better rates than you’re paying now.

Will just any policy work for me?

When buying adequate coverage, there really is no perfect coverage plan. Everyone’s needs are different so your insurance needs to address that. For instance, these questions might help in determining whether your personal situation would benefit from an agent’s advice.

  • Can I afford to pay high deductible claims out of pocket?
  • What is no-fault insurance?
  • Do I pay less if my vehicle is kept in my garage?
  • I have a DUI can I still get coverage?
  • Does coverage extend to my business vehicle?
  • What if I owe more than I can insure my car for?
  • Can my teen driver be rated on a liability-only vehicle?
  • Is my teenager covered with friends in the car?
  • Is rental equipment covered for theft or damage?
  • Are my tools covered if they get stolen from my vehicle?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

What insurance coverages do you need?

Having a good grasp of a insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement. Listed below are typical coverage types available from insurance companies.

Auto liability – This provides protection from injuries or damage you cause to other people or property that is your fault. This coverage protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers claims such as repair bills for other people’s vehicles, pain and suffering, repair costs for stationary objects and loss of income. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance kick in for bills such as EMT expenses, hospital visits, nursing services and pain medications. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants as well as if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

Comprehensive auto coverage – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as damage from getting keyed, hitting a bird, hail damage and hitting a deer. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision – This coverage will pay to fix damage to your EuroVan caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as sustaining damage from a pot hole, crashing into a ditch and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Find Good Coverage for Less

In this article, we presented some good ideas how to compare 2001 Volkswagen EuroVan insurance premium rates online. The key concept to understand is the more quotes you get, the better likelihood of getting low cost car insurance. Drivers may discover the lowest priced insurance comes from a small mutual company. Some small companies may only write in your state and offer lower prices compared to the large companies like Progressive and Geico.

As you shop your coverage around, never buy less coverage just to save a little money. Too many times, consumers will sacrifice liability limits or collision coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to get the best coverage possible at the best cost, but do not skimp to save money.

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