2018 Volkswagen Passat Insurance Rates – 10 Ways to Save

Are you burned out from scraping the payment together to insure your Volkswagen every month? You are in the same boat as the majority of other vehicle owners. You have so many auto insurance companies to insure vehicles with, and even though it’s nice to be able to choose, lots of choices makes it harder to compare company pricing.

It’s a good idea to price shop coverage quite often since insurance prices tend to go up over time. Just because you found the best rate on Passat insurance on your last policy you can probably find a better premium rate now. Block out anything you think you know about insurance because you’re about to learn how to quote online to lower your annual insurance bill.

Buying car insurance is quite easy. If you are insured now or need a new policy, you will benefit by learning to cut your premiums and possibly find even better coverage. Consumers just need to learn the tricks to compare prices online.

Drivers save money with these ten rate-reducing discounts

Some insurers don’t always list every available discount very well, so here is a list both well-publicized in addition to some of the lesser obvious credits available to lower your premiums when you buy auto insurance online. If you check and find you aren’t receiving every discount available, you’re just leaving money on the table.

  • Accident Waiver – but companies like Progressive, Allstate, and Liberty Mutual may permit one accident before hitting you with a surcharge as long as you don’t have any claims before the accident.
  • Discounts for New Vehicles – Buying a new car instead of a used car may earn a small discount since new vehicles are generally safer.
  • Early Signing – Some larger companies give discounts for switching policies prior to your current policy expiration. It can save you around 10%.
  • Theft Prevention Discount – Anti-theft and alarm system equipped vehicles prevent vehicle theft and that can save you a little bit as well.
  • Military Rewards – Being deployed with a military unit may lower your premium rates slightly.
  • Good Student – Performing well in school could provide a savings of up to 20% or more. You can use this discount normally until age 25.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of 20% or more.
  • Claim Free – Insureds with no claims or accidents have much lower rates as opposed to frequent claim filers.
  • Pay Now and Pay Less – If you pay your bill all at once instead of paying each month you may reduce your total bill.
  • Life Insurance Discount – Select insurance carriers reward you with a small discount if you purchase some life insurance in addition to your auto policy.

Keep in mind that some of the credits will not apply to the entire policy premium. Most cut specific coverage prices like physical damage coverage or medical payments. Even though it appears you can get free auto insurance, you aren’t that lucky.

A list of companies and some of the discounts include:

  • State Farm has savings for multiple policy, good student, Drive Safe & Save, anti-theft, student away at school, safe vehicle, and multiple autos.
  • Farmers Insurance may have discounts that include pay in full, electronic funds transfer, early shopping, distant student, bundle discounts, and alternative fuel.
  • Geico policyholders can earn discounts including driver training, air bags, five-year accident-free, anti-theft, and defensive driver.
  • American Family discounts include Steer into Savings, mySafetyValet, multi-vehicle, bundled insurance, and accident-free.
  • Nationwide offers discounts for business or organization, easy pay, good student, family plan, and accident-free.
  • Progressive includes discounts for good student, continuous coverage, multi-policy, online signing, multi-vehicle, and online quote discount.

Check with every prospective company how many discounts you can get. Depending on the company, some discounts may not be available in your area. To choose companies that offer some of these discounts, click here.

Finding auto insurance

Most companies allow you to get pricing on their websites. Getting online rates doesn’t take much effort as you just type in your coverage preferences into the quote form. When the form is submitted, their quoting system automatically orders information on your driving record and credit history and quotes a price. Quoting online helps simplify price comparisons, but the time required to go to each company’s website and repetitively enter the same data into a form is not the best way to spend an afternoon. But it’s also necessary to do this if you want to find better prices.

Isn’t there an easier way to compare rates?

An easier way to lower your rates utilizes a single form that gets prices from more than one company. It saves time, requires less work, and makes price shopping online much easier. After sending your information, it is quoted and you are able to buy your choice of the quote results. If a lower price is quoted, you can simply submit the application and purchase the new policy. It takes less than 15 minutes and you will find out if you’re overpaying now.

In order to compare rates using this form now, simply click here to open in new window and submit the form. To compare your current rates, we recommend you type in the coverage information identical to your current policy. This guarantees you’re receiving a rate comparison for exact coverage.

Do I need special coverages?

When it comes to choosing proper insurance coverage for your vehicles, there really is no perfect coverage plan. Every insured’s situation is different so this has to be addressed. These are some specific questions can help discover whether or not you will benefit from professional help.

  • Am I missing any policy discounts?
  • At what point should I drop full coverage?
  • Who is covered when they drive my 2018 Volkswagen Passat?
  • Am I covered if hit by an uninsured driver?
  • Is pleasure use cheaper than using my 2018 Volkswagen Passat to commute?
  • Do I need special endorsements for business use of my vehicle?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It is quick, free and can help protect your family.

Don’t listen to company ads

Consumers can’t get away from ads that claim the cheapest car insurance rates from the likes of 21st Century, Allstate and State Farm. They all seem to make the promise that drivers will save a bundle just by moving your auto insurance policy to them.

How can each company charge lower premium rates? Here is the trick they use.

Insurance providers quote the lowest rates for the driver that will not have excessive claims. An example of a preferred risk should be a mature driver, owns their home, and has great credit. Anyone who matches that profile will get the preferred rates and will also save quite a bit of money when switching.

Potential customers who don’t qualify for the ideal profile will get higher premiums which usually ends up with the customer not purchasing. The trick companies use is to say “people that switch” not “all people who quote” will save that much if they switch. That’s the way insurance companies can state the savings. That is why you really need to compare many company’s prices. You cannot predict which company will fit you best based on your risk profile.

Car insurance 101

Having a good grasp of a insurance policy can help you determine the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverage types available from insurance companies.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance provide coverage for bills like surgery, X-ray expenses, hospital visits and nursing services. They can be utilized in addition to your health insurance program or if you do not have health coverage. They cover all vehicle occupants in addition to being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay

Comprehensive coverages – This coverage pays for 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 like falling objects, a tree branch falling on your vehicle, damage from a tornado or hurricane and vandalism. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage – Collision insurance will pay to fix damage to your Passat resulting from a collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like hitting a parking meter, colliding with another moving vehicle and colliding with a tree. This coverage can be expensive, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.

Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family as well as damage to your 2018 Volkswagen Passat.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Auto liability insurance – This coverage protects you from damage that occurs to a person or their property in an accident. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability coverage protects against claims such as bail bonds, medical services and court costs. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.

Save for a rainy day

While you’re price shopping online, never reduce needed coverages to save money. There are many occasions where someone sacrificed comprehensive coverage or liability limits only to find out that the small savings ended up costing them much more. Your goal is to buy enough coverage at the best possible price but still have enough coverage for asset protection.

Some insurance companies may not have price quotes online and these smaller providers sell through independent agents. Cheaper 2018 Volkswagen Passat insurance is possible on the web as well as from insurance agents, and you need to comparison shop both in order to have the best price selection to choose from.

Much more information about auto insurance can be found at these links: