2006 Volkswagen Touareg Insurance Quotes – 10 Ideas for Cheaper Rates

Trying to come up with a payment for high-priced auto insurance can drain your monthly budget and force you to make sacrifices. You have so many auto insurance companies to choose from, and although it’s a good thing to be able to choose, it can be more challenging to find the best rates.

It’s smart to do price comparisons before your next renewal because prices change quite often. Even if you got the best deal on Touareg coverage on your last policy other companies may now be cheaper. You can find a lot of wrong information about auto insurance online, but I’m going to show you some good information on how to stop overpaying for insurance.

The quickest way to get rate comparisons takes advantage of the fact most of the bigger providers pay for the opportunity to give free rates quotes. All you need to do is spend a couple of minutes providing details such as whether the vehicles are used for commuting, whether or not you need a SR-22, how old drivers are, and if the car is leased. The data is instantly submitted to many of the top insurers and they respond with quotes instantly to find the best rate.

Do you qualify for discount car insurance?

Some providers do not list all available discounts very clearly, so below is a list a few of the more common and the harder-to-find car insurance savings. If you check and find you aren’t receiving every discount you deserve, you may be paying too high a price.

  • Good Student – Getting good grades could provide a savings of up to 20% or more. The good student discount can last up to age 25.
  • Multi-car Discount – Buying insurance for all your vehicles with the same company can get a discount on all vehicles.
  • Braking Control Discount – Cars, trucks, and SUVs with ABS braking systems or traction control have fewer accidents and therefore earn up to a 10% discount.
  • Distant College Student Discount – Any of your kids who are enrolled in a college that is more than 100 miles from home and do not have a car could get you a discount.
  • Senior Citizen Rates – Seniors may qualify for lower premium rates on Touareg coverage.
  • Discounts for Safe Drivers – Insureds who avoid accidents may save up to 50% more on Touareg coverage compared to rates paid by drivers with frequent claims.
  • Save with a New Car – Buying a new car model can save you some money because new vehicles keep occupants safer.
  • Professional Memberships – Being in specific professional or occupational memberships or organizations can get you a small discount on your next car insurance statement.
  • Student Driver Training – It’s a good idea to have your young drivers take driver’s ed class in school.
  • Active Military Service – Having a deployed family member could be rewarded with lower premium rates.

As is typical with insurance, some of the credits will not apply to the overall cost of the policy. The majority will only reduce individual premiums such as liability, collision or medical payments. Even though the math looks like having all the discounts means you get insurance for free, that’s just not realistic.

If you would like to view providers with discount car insurance rates, follow this link.

What insurance coverages do I need?

When it comes to choosing adequate coverage, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s and your policy should reflect that. For instance, these questions might point out whether your personal situation may require specific advice.

  • Does insurance cover tools stolen from my truck?
  • Which companies will insure high-risk drivers?
  • Is my 2006 Volkswagen Touareg covered for flood damage?
  • Am I covered if I hit my neighbor’s mailbox?
  • Am I covered if hit by an uninsured driver?
  • Should I have a commercial auto policy?
  • Can I rent a car in Mexico?
  • What can I do if my company won’t pay a claim?
  • How high should my medical payments coverage be?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.

Specific coverages for a Volkswagen Touareg

Knowing the specifics of insurance aids in choosing the right coverages for your vehicles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the usual coverages found on the average insurance policy.

Auto liability insurance

This will cover damage or injury you incur to people or other property that is your fault. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability insurance covers claims like repair bills for other people’s vehicles, loss of income and medical expenses. How much liability coverage do you need? That is up to you, but buy higher limits if possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Volkswagen Touareg.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for surgery, hospital visits and EMT expenses. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Collision insurance

This coverage covers damage to your Touareg resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims like backing into a parked car, hitting a mailbox, crashing into a ditch and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to raise the deductible to bring the cost down.

Comprehensive auto coverage

This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like falling objects, damage from getting keyed, hail damage and hitting a deer. The most a 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.

In conclusion

As you quote car insurance, it’s not a good idea to reduce coverage to reduce premium. There have been many situations where drivers have reduced full coverage only to regret that their decision to reduce coverage ended up costing them more. The proper strategy is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

Budget-conscious 2006 Volkswagen Touareg insurance can be found online and with local insurance agents, and you should compare rates from both to get a complete price analysis. Some insurance coverage companies do not provide online rate quotes and most of the time these regional carriers work with independent agents.

For more information, take a look at the resources below: