Cheap 2004 Volkswagen Passat Insurance Cost

Trying to find cheaper auto insurance rates for your Volkswagen Passat? If shopping for insurance coverage quotes online is new to you, most likely you are bewildered by the crazy number of local and online companies competing for business.

Consumers need to check auto insurance prices as often as possible because insurance prices change frequently. Despite the fact that you may have had the lowest rates on Passat coverage a year ago there is a good chance you can find better premium rates now. Block out anything you think you know about auto insurance because you’re going to get a crash course in the best methods to save money, get proper coverage and the best rates.

Choosing the best insurance company for you is quite easy. If you currently have car insurance, you will most likely be able to save some money using these tips. But drivers must learn the methods companies use to market on the web and use this information to your advantage.

Insurance coverage discounts help slash rates

Not many people think insurance is cheap, but you might be missing out on some discounts to cut the cost considerably. Many discounts should be triggered at the time of purchase, but a few need to be asked about before you will receive the discount.

  • Anti-theft System – Vehicles with anti-theft systems have a lower chance of being stolen and therefore earn up to a 10% discount.
  • Discounts for Federal Employees – Having worked for a branch of the government may reduce rates when you quote insurance coverage on Passat coverage with a few insurance coverage companies.
  • Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts can save a little off the personal injury premium cost.
  • Senior Citizens – Drivers that qualify as senior citizens may receive a small decrease in premiums on Passat coverage.
  • ABS Braking Discount – Anti-lock brake equipped vehicles have fewer accidents and will save you 10% or more.
  • Low Miles Discount – Low mileage vehicles could be rewarded with lower rates due to less chance of an accident.
  • Discounts for Responsible Drivers – Insureds who avoid accidents can get discounts for up to 45% lower rates on Passat coverage than their less cautious counterparts.
  • Membership in Organizations – Joining a professional or civic organization could trigger savings when getting a insurance coverage quote.
  • Paperless Signup – Some of the larger companies will give a small break for completing your application over the internet.
  • Waiver for an Accident – Not really a discount, but a few companies such as State Farm, Progressive and Geico will allow you to have one accident before hitting you with a surcharge as long as you don’t have any claims for a certain period of time.

We need to note that most credits do not apply to the entire cost. Most only cut specific coverage prices like liability and collision coverage. Just because it seems like adding up those discounts means a free policy, it doesn’t quite work that way. But all discounts should help reduce your overall premium however.

To locate companies who offer discounts, click here.

Quote car insurance online

When shopping for the cheapest insurance coverage quotes, there are a couple of ways to compare rate quotes from all the different companies. The easiest way by far to compare rates is to perform an online rate comparison. This is very easy and can be done in just a few minutes using one of these methods.

If you don’t have a lot of time, the easiest way to get quotes for comparison is to use a rate comparison form click here to open form in new window. This method prevents you from having to do repetitive form submissions for each company you want a rate for. One simple form will get you price quotes from multiple low-cost companies. It’s definitely the quickest method.

A slightly less efficient method to compare prices requires visiting each individual company website to request a price quote. For example, we’ll assume you want to see prices from Progressive, State Farm and Allstate. You would be required to visit each site and enter your information, which explains why we recommend starting with the first method.

To view a list of companies in your area, click here.

It’s up to you which method you use, but make absolute certain that you use apples-to-apples coverages and limits for each comparison quote. If your comparisons have different deductibles it will be impossible to make a fair comparison for your Volkswagen Passat. Just a small difference in coverage limits could skew the results. It’s important to know that comparing more company’s prices helps improve the odds of finding the best rates. Some regional insurers cannot provide prices over the internet, so you need to compare price estimates from them, too.

The Volkswagen Passat insurance price equation

Lots of things are taken into consideration when quoting car insurance. A few of the factors are predictable like a motor vehicle report, but other factors are less obvious like your vehicle usage or how financially stable you are.One of the most helpful ways to save on insurance is to to have a grasp of some of the factors that aid in calculating your insurance rates. If you have a feel for what controls the rates you pay, this enables informed choices that can earn you lower premium levels.

  • Raise deductibles and save – Comprehensive and collision coverage deductibles are the amount of money you are willing to pay out-of-pocket before a claim is paid by your company. Physical damage coverage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some coverage claims could be a windshield broken by a bird, collision with a deer, and damage from wind. The more money the insured has to pay upfront, the less money you will pay for insurance on Passat coverage.
  • Better rates with anti-theft devices – Purchasing a vehicle with an alarm system can save you some money. Systems that thwart theives such as OnStar, LoJack tracking, and tamper alarms can thwart your vehicle from being stolen.
  • Cheaper to insure females? – Over time, data shows that women are safer drivers than men. That doesn’t necessarily mean that women are BETTER drivers than men. They both cause accidents at about the same rate, but men cause more damage. They also receive more costly citations such as reckless driving.
  • Safer vehicles mean better rates – Cars with five star safety ratings cost less to insure. Safer cars have better occupant injury protection and any reduction in injury severity means lower claim amounts and lower rates for you.
  • Pay lower rates if you’re married – Getting married may cut your premiums when buying insurance. It is viewed as being less irresponsible and insurance companies like that being married results in fewer claims.
  • Liability protection limits on your policy – Your policy’s liability coverage is the coverage that protects you if a jury decides you are liable for damages from an accident. Liability insurance provides legal defense to defend your case. This coverage is relatively inexpensive as compared to coverage for physical damage, so drivers should buy more than the minimum limits required by law.
  • A insurance policy lapse can increase rates – Driving any period of time without insurance is not a good idea and companies may charge more for letting your coverage have a gap. Not only will rates go up, not being able to provide proof of insurance will get you a fine, jail time, or a revoked license. You will then be forced to prove you have insurance by filing a SR-22 with your state motor vehicle department.

Which is the best insurance?

When buying proper insurance coverage, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs.

For instance, these questions might point out if you would benefit from professional advice.

  • Am I covered if I crash into my own garage door?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Am I covered when driving a rental car?
  • What is no-fault insurance?
  • How many claims can I have before being cancelled?
  • Who is covered by my policy?
  • Are there companies who specialize in insuring high-risk drivers?
  • Does coverage extend to a rental car in a foreign country?
  • Is my teen driver covered when they drive my company car?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form.

Car insurance companies are expert advertisers

Popular car insurance providers such as Allstate, Geico and Progressive endlessly run ads on TV and radio. All the companies state the claim that you’ll save big if you just switch your car insurance policy to them. How is it plausible that every one can charge you less for auto insurance? Here is the trick they use.

Insurance providers are able to cherry pick for the right customer that will not have excessive claims. One example of a profitable insured may need to be between 30 and 50, is a homeowner, and does not commute to work. Anyone who fits that profile may get the lowest rates and most likely will save a lot if they switch.

Insureds who may not quite match the ideal profile will probably be forced to pay higher prices and ends up with the prospect going elsewhere. The ads state “customers that switch” not “everyone who quotes” save that kind of money. That’s why insurance companies can state the savings. This really emphasizes why you really should get as many free insurance coverage quotes as possible. It’s just too difficult to predict which car insurance company will be your best fit.

Coverages available on your auto insurance policy

Knowing the specifics of your policy can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Collision coverage protection

This coverage covers damage to your Passat resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as colliding with another moving vehicle, backing into a parked car, crashing into a building, sideswiping another vehicle and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for bills for things like prosthetic devices, pain medications, chiropractic care and hospital visits. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your 2004 Volkswagen Passat.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Comprehensive insurance

This covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as hail damage, hitting a deer, theft, a broken windshield and falling objects. The highest 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.

Liability insurance

Liability coverage can cover damage or injury you incur to a person or their property by causing an accident. This insurance protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage protects against things like pain and suffering, repair costs for stationary objects and medical services. The amount of liability coverage you purchase is a personal decision, but you should buy as high a limit as you can afford.

Shop Smart and Save

Throughout this article, we presented a lot of techniques to compare 2004 Volkswagen Passat insurance premium rates online. The most important thing to understand is the more rate comparisons you have, the better chance you’ll have of finding cheap insurance coverage. You may even find the best premium rates are with a small mutual company.

Consumers change insurance companies for any number of reasons including not issuing a premium refund, poor customer service, questionable increases in premium or policy non-renewal. Whatever your reason, choosing a new insurance company is not as hard as you think.

When trying to cut insurance costs, do not buy poor coverage just to save money. There have been many situations where drivers have reduced physical damage coverage and discovered at claim time that the few dollars in savings costed them thousands. Your goal is to purchase a proper amount of coverage at an affordable rate, but do not skimp to save money.

More information is available at the links below