2005 Volkswagen Phaeton Insurance Quotes – 10 Tips for Best Rates

Want the cheapest insurance rates? Drivers have a choice when trying to find the lowest priced Volkswagen Phaeton insurance. They can either waste time calling around to compare prices or use the internet to get rate quotes.

There is a right way and a wrong way to buy insurance and you need to know the proper way to price shop coverage for a Volkswagen and find the best price possible.

You may qualify for discounts

Insurance coverage is not inexpensive, but companies offer discounts that can drop the cost substantially. Some discounts apply automatically when you purchase, but less common discounts must be inquired about prior to getting the savings.

• Military Discounts – Being on active deployment in the military could be rewarded with lower rates.
• Employee of Federal Government – Simply working for the federal government can earn a discount up to 10% for Phaeton insurance with certain companies.
• Drive Safe and Save – Drivers who avoid accidents can save as much as half off their rates for Phaeton insurance as compared to drivers with claims.
• New Car Discount – Buying a new car instead of a used car can be considerably cheaper compared to insuring an older model.
• Switch and Save Discount – A few companies offer discounts for switching companies before your current policy expires. You may see this discount when you get insurance quotes online.
• Payment Method – If you pay your bill all at once rather than paying monthly you can avoid the installment charge.
• Homeowners Savings – Owning a house can save you money because of the fact that having a home shows financial diligence.
• No Claims – Insureds who avoid accidents and claims can earn big discounts in comparison to accident-prone drivers.
• Theft Deterent System – Anti-theft and alarm system equipped vehicles are stolen less frequently and will qualify for a discount on a insurance quote.
• Paperless Signup – A few larger companies may give you up to $50 for buying your policy over the internet.

Remember that some credits don’t apply to the entire cost. Some only reduce individual premiums such as comp or med pay. Despite the appearance that all those discounts means the company will pay you, company stockholders wouldn’t be very happy.

Insurance companies that may offer most of the discounts above include:

• Travelers
• 21st Century
• State Farm
• Geico
• SAFECO
• AAA

Before purchasing a policy, check with all companies you are considering the best way to save money. Some discounts listed above might not be available to policyholders in every state. To choose insurance companies with the best discounts, follow this link.

There’s no such thing as the perfect insurance coverage policy

When choosing the right insurance coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

For example, these questions might point out whether your personal situation would benefit from professional advice.

• How much liability coverage do I need in my state?
• Does my insurance cover a custom paint job?
• Why am I be forced to buy a membership to get insurance from some companies?
• Am I covered when delivering products for my home-based business?
• Is my Volkswagen Phaeton covered if I use it for business?
• Does my 2005 Volkswagen Phaeton qualify for pleasure use?
• Am I getting all the discounts available?
• Is extra glass coverage worth it?

If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, simply complete this short form. It’s fast, free and you can get the answers you need.

Advertising and insurance

Consumers can’t get away from all the ads for cheaper insurance by companies like State Farm and Allstate. They all seem to advertise claims that drivers will save a bundle if you move to them.

It sounds good, but how can they all have lower policy pricing? It’s all in the wording.

Many companies give the best rates for the right customer they prefer to insure. An example of a driver they prefer should be over the age of 40, has never had a claim, and drives a vehicle with a low ISO rating. A propective insured who matches that profile will get low prices and have a good chance to save some money.

People who do not meet the “perfect” profile will be charged higher prices and this can result in business going elsewhere. Company advertisements say “drivers who switch” but not “all drivers who get quotes” save the amount stated. This is how companies can state the savings.

This really drives home the point why drivers should get insurance quotes as often as possible. It’s just not possible to know which company will give you the biggest savings.

Specifics of your insurance policy

Understanding the coverages of a insurance policy aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring.

Comprehensive auto coverage

This covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like hitting a deer, a tree branch falling on your vehicle, theft and hitting a bird. The maximum payout your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability car insurance

This protects you from damage or injury you incur to a person or their property in an accident. It protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Some companies may use a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for claims such as structural damage, court costs and emergency aid. The amount of liability coverage you purchase is your choice, but consider buying as large an amount as possible.

Medical payments and PIP coverage

Med pay and PIP coverage provide coverage for expenses for things like hospital visits, funeral costs and doctor visits. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Collision coverage protection

This pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like driving through your garage door, colliding with a tree, colliding with another moving vehicle and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. This coverage pays for hospital bills for your injuries and also any damage incurred to your Volkswagen Phaeton.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these limits are similar to your liability insurance amounts.

Be a smart shopper

Some insurance companies do not offer price quotes online and many times these regional insurance providers provide coverage only through local independent agencies. Budget-friendly car insurance can be sourced from both online companies and also from your neighborhood agents, so compare prices from both in order to have the best chance of saving money.

People change insurance companies for any number of reasons including being labeled a high risk driver, an unsatisfactory settlement offer, poor customer service or even policy non-renewal. No matter why you want to switch, switching car insurance companies is actually quite simple.

As you prepare to switch companies, don’t be tempted to skimp on coverage in order to save money. In too many instances, drivers have reduced liability limits or collision coverage to discover at claim time that it was a big error on their part. The ultimate goal is to purchase a proper amount of coverage for the lowest price.

Additional information

• How to Avoid Common Accidents (State Farm)
• Speed and Speed Limit FAQ (iihs.org)
• Young Drivers: The High Risk Years Video (iihs.org)
• State Car Insurance Guides (Geico)
• Distracted Driving (Insurance Information Insitute)