2004 Volkswagen Phaeton Insurance Rates – 9 Savings Tips

Are you sick and tired of scraping nickels together to insure your Volkswagen every month? Your situation is no different than many other drivers.

Companies like State Farm, Allstate, Geico and Progressive promote their brand names with advertising and it can be hard to sift through the bull and find the best price available.

It’s important to get comparison quotes once or twice a year because rates trend upward over time. Even if you got the lowest rate on Phaeton insurance on your last policy other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because I’m going to let you in on the secrets to the quickest way to properly buy coverages while reducing your premium.

Auto insurance quotes and discounts

Not many people think insurance is cheap, but you may qualify for discounts that can dramatically reduce your bill. Certain discounts will be triggered automatically at quote time, but a few must be asked about in order for you to get them.

  • Military Discounts – Being deployed in the military could trigger a small discount.
  • Multi-car Discount – Buying coverage for multiple cars or trucks with one company can get a discount on all vehicles.
  • Homeowners Savings – Just owning your own home may trigger a policy discount on auto insurance since owning and maintaining a home is proof that your finances are in order.
  • Telematics Devices – Drivers that enable companies to monitor vehicle usage by installing a telematics device such as State Farm’s In-Drive might see lower rates if they have good driving habits.
  • Theft Deterent – Vehicles that have factory alarm systems and tracking devices can help prevent theft so companies will give you a small discount.
  • Student Discounts – Maintaining excellent grades may save you up to 25%. This discount can apply up until you turn 25.
  • Auto/Life Discount – Some auto insurance companies give a lower rate if you buy some life insurance too.
  • Drive Safe and Save – Safe drivers can pay as much as 50% less on Phaeton insurance as compared to drivers with claims.
  • E-sign – A few larger online companies provide a small discount for buying your policy on the internet.

Drivers should understand that most discount credits are not given to all coverage premiums. Most only apply to the cost of specific coverages such as liability and collision coverage. So when it seems like it’s possible to get free car insurance, it just doesn’t work that way.

For a list of insurers that offer the discounts shown above, click here to view.

The easiest way to compare car insurance rates is to take advantage of the fact almost all companies participate in online systems to compare rate quotes. All consumers are required to do is give them rating details such as an estimate of your credit level, what you do for a living, level of coverage desired, and how much education you have. The rating information is submitted instantly to insurance carriers in your area and you will receive price estimates quickly.

To compare rates now, click here and find out if lower rates are available.

Situations that may require an agent’s advice

When choosing coverage for your vehicles, there really is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs and your policy should reflect that. These are some specific questions can help discover if your situation will benefit from professional help.

  • What is medical payments coverage?
  • What can I do if my company denied a claim?
  • When should I remove comp and collision on my 2004 Volkswagen Phaeton?
  • Am I missing any policy discounts?
  • When should I buy a commercial auto policy?
  • Should I have combined single limit or split liability limits?
  • Am I covered if I break a side mirror?
  • Am I covered when using my vehicle for business?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Coverages available on your car insurance policy

Learning about specific coverages of your car insurance policy aids in choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find typical coverage types found on most car insurance policies.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for expenses like pain medications, rehabilitation expenses, surgery, hospital visits and funeral costs. They can be utilized in addition to your health insurance plan 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 may carry a deductible

Collision protection

Collision coverage will pay to fix damage to your Phaeton resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like crashing into a building, crashing into a ditch, rolling your car and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Liability car insurance

This coverage protects you from damage that occurs to a person or their property. It protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values 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 a limit of $100,000 paid for damaged property.

Liability insurance covers claims such as legal defense fees, repair bills for other people’s vehicles and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured/Underinsured Motorist coverage

This coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Volkswagen Phaeton.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Comprehensive coverage

This pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as hail damage, damage from a tornado or hurricane and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Save your hard earned cash

While you’re price shopping online, it’s a bad idea to skimp on coverage in order to save money. In many instances, an accident victim reduced liability limits or collision coverage only to discover later that their decision to reduce coverage ended up costing them more. Your focus should be to buy enough coverage for the lowest cost.

We just covered many ways to get a better price on 2004 Volkswagen Phaeton insurance. The key thing to remember is the more providers you compare, the better chance you’ll have of finding affordable auto insurance. Consumers may even find the lowest priced insurance coverage comes from a small mutual company. Some small companies can often provide lower prices in certain areas than their larger competitors like Geico and State Farm.

Even more information is available by following these links:

Comments About 2004 Volkswagen Phaeton Insurance

  1. Clyde Bradley

    From Frederick, Maryland. Quoted quotes from Allstate, AAA, and Erie for my 2004 Volkswagen Phaeton and I’m now saving $25 a month. I get a discount for insuring multiple vehicles. Bought it from an online quote. It’s too old for full coverage.

  2. Delicia Fuller

    Lots of good stuff here. Located in Henderson, NV. Got car insurance quotes with Progressive, Farmers, and The General for my Phaeton and I think I saved about $20 each month. Might find lower rates online.

  3. Hugh Lamb

    If you have a good history and live near Seattle, WA, check out Allstate. They seem to be cheaper. Insured with Allstate before. I get lower rates because of my clean driving record. Not sure about claim service.

  4. Bennett Mcfadden

    I compared a lot of rate quotes for a 2004 Volkswagen Phaeton in Fayetteville, AR. Ended up at about $110 every six months with AAA. Left Auto-Owners to switch. Good savings if you bundle. It was easy to get rates.

  5. Vita Chase

    When do I drop full coverage?

  6. Willene Campos

    Went with Encompass for my Phaeton and cut my rates about $70 a year. I get a discount for insuring multiple vehicles. I don’t put full coverage on it.

  7. Rufus Pearson

    21st Century was cheapest for my 2004 Volkswagen Phaeton in Cleveland, OH.

  8. Glenna Bartlett

    I got decent rates for a 2004 Volkswagen Phaeton in Boston, Massachusetts. Ended up at right around $110 every six months with AIG Insurance.