Cheaper 2014 Volkswagen Passat Car Insurance Rates

Scraping up a payment for pricey Volkswagen Passat insurance can sap your checking account, especially in this economy. Doing a price comparison can save money and help to slash your bill and have more diposable income.

Companies like State Farm, Allstate, Geico and Progressive increase brand awareness with catchy ads and consumers find it hard to sift through the bull and find the best price available.

If you are insured now or are just looking to switch companies, you can follow these tips to reduce the price you pay and possibly find even better coverage. Finding affordable coverage is not that difficult. Drivers just need to learn the tricks to compare company rates over the internet.

Auto insurance policy discounts you can’t miss

Insuring your fleet can be pricey, but there could be available discounts that can drop the cost substantially. Certain discounts will be applied when you get a quote, but a few need to be requested specifically before they will apply.

  • Driver’s Education for Students – Have your child enroll in driver’s education in high school.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles prevent accidents and therefore earn up to a 10% discount.
  • No Claims – Drivers who don’t have accidents have much lower rates in comparison with frequent claim filers.
  • Employee of Federal Government – Having worked for a branch of the government could cut as much as 10% off on Passat insurance depending on your company.
  • Lower Rates for Military – Having a family member in the military could mean lower rates.
  • Distant College Student Discount – College-age children who live away from home to go to college and do not have a car may be insured at a cheaper rate.
  • Pay Now and Pay Less – By paying your policy upfront rather than paying monthly you could save up to 5%.
  • Student Discounts – Getting good grades could provide a savings of up to 20% or more. Earning this discount can benefit you until age 25.
  • Discount for Life Insurance – Select insurance companies reward you with a lower auto insurance rate if you buy a life policy as well.

Policy discounts save money, but most discounts do not apply to the overall cost of the policy. Some only apply to the cost of specific coverages such as comprehensive or collision. Even though it may seem like having all the discounts means you get insurance for free, you won’t be that lucky. Any amount of discount will reduce your overall bill.

A few popular companies and a summarized list of policyholder discounts can be found below.

  • State Farm policyholders can earn discounts including defensive driving training, anti-theft, multiple policy, good driver, and driver’s education.
  • Esurance has discounts for Switch & Save, homeowner, safety device, Pac-12 alumni, paid-in-full, multi-car, and online quote.
  • Progressive offers premium reductions for good student, online signing, multi-vehicle, multi-policy, and homeowner.
  • Liberty Mutual offers discounts for newly married, safety features, newly retired, hybrid vehicle, and new graduate.
  • Auto-Owners Insurance may offer discounts for anti-theft, safe vehicle, teen driver, air bags, and multi-policy.
  • Geico may include discounts for seat belt use, emergency military deployment, multi-vehicle, driver training, membership and employees, and defensive driver.

Before purchasing a policy, check with every insurance company what discounts are available to you. Some discounts might not be offered in your area. To see a list of insurers that have a full spectrum of discounts, follow this link.

How do car insurance companies determine Volkswagen Passat insurance costs?

Lots of factors are part of the calculation when you get a price on insurance. Some factors are common sense like your driving record, but others are not quite as obvious such as whether you are married or your vehicle rating.

Shown below are some of the items companies use to determine premiums.

  • Proper usage rating affects rates – Driving more miles in a year’s time the higher your rates will be. Many insurance companies rate vehicles based upon how much you drive. Cars and trucks that sit idle most of the time can be on a lower rate level compared to those used for work or business. An incorrectly rated Passat can result in significantly higher rates. Ask your agent if your auto insurance policy states how each vehicle is driven, because improper ratings can cost you money.
  • Bundling policies can get discounts – Many companies give discounts to people that buy multiple policies in the form of a multi-policy discount. Even with this discount applied, you may still want to compare other insurance prices to help ensure you have the lowest rates.
  • Prevent policy lapses – Driving without insurance can get your license suspended and companies may charge more for letting your insurance lapse. And not only will insurance be more expensive, being ticketed for driving with no insurance can result in a fine, jail time, or a revoked license.
  • Single drivers take more risk – Walking down the aisle can actually save you money on your policy. Having a significant other generally demonstrates drivers are more responsible and it’s proven that married drivers get in fewer accidents.

Insurance agents can help

When it comes to choosing proper insurance coverage, there really is no “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that may help you determine if your insurance needs could use an agent’s help.

  • Do I benefit by insuring my home with the same company?
  • What is medical payments coverage?
  • How high should deductibles be on a 2014 Volkswagen Passat?
  • Is pleasure use cheaper than using my 2014 Volkswagen Passat to commute?
  • Is my babysitter covered when using my vehicle?
  • Am I covered if I hit my neighbor’s mailbox?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Why am I required to get a high-risk car insurance policy?
  • Should I have combined single limit or split liability limits?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It only takes a few minutes and may give you better protection.

Insurance coverage considerations

Understanding the coverages of insurance can help you determine appropriate coverage and proper limits and deductibles. Policy terminology can be impossible to understand and coverage can change by endorsement. Listed below are the normal coverages found on most insurance policies.

Liability

Liability insurance can cover damages or injuries you inflict on a person or their property by causing an accident. It protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers claims such as funeral expenses, bail bonds, medical services and court costs. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as much as you can afford.

Auto collision coverage

This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as colliding with a tree, scraping a guard rail and backing into a parked car. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to increase the deductible to bring the cost down.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your 2014 Volkswagen Passat.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Comprehensive or Other Than Collision

This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as fire damage, damage from flooding, a tree branch falling on your vehicle, rock chips in glass and damage from getting keyed. The highest amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical costs insurance

Med pay and PIP coverage kick in for expenses such as ambulance fees, chiropractic care, dental work and hospital visits. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants as well as getting struck while a pedestrian. PIP is not an option in every state and may carry a deductible

Be a penny pincher

You just read a lot of information how to save on 2014 Volkswagen Passat insurance. The key concept to understand is the more price quotes you have, the higher the chance of saving money. Drivers may discover the lowest priced car insurance comes from an unexpected company. They can often provide lower auto insurance rates in certain areas than the large multi-state companies such as State Farm or Progressive.

When buying insurance coverage, you should never reduce needed coverages to save money. There are a lot of situations where consumers will sacrifice liability coverage limits to discover at claim time that their decision to reduce coverage ended up costing them more. Your aim should be to purchase plenty of coverage at the best possible price while still protecting your assets.

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