Want cheaper insurance rates for your Volkswagen Touareg? Online rate comparisons for affordable car insurance probably sounds like a formidable task if you haven’t ever compared insurance using online rate comparisons. Don’t let that stop you because there is an easy way to compare rates.
Auto insurance is not cheap nor is it fun to buy but companies offer discounts that can dramatically reduce your bill. Some discounts apply automatically when you purchase, but some need to be specifically requested before they will apply.
Discounts reduce rates, but you should keep in mind that most credits do not apply the the whole policy. Most only reduce the price of certain insurance coverages like collision or personal injury protection. Just because it seems like adding up those discounts means a free policy, you aren’t that lucky.
Companies and some of the discounts are:
Check with each company or agent to apply every possible discount. Some of the discounts discussed earlier may not apply to policyholders in your area. To see a list of providers who offer cheap auto insurance quotes, follow this link.
Lots of things are used when premium rates are determined. Some of the criteria are obvious such as your driving record, but other criteria are more transparent such as your credit history or how safe your car is.
The following are a few of the things insurance coverage companies consider when setting rates.
When choosing the best auto insurance coverage for your personal vehicles, there really is not a cookie cutter policy. Your needs are not the same as everyone else’s.
For example, these questions may help you determine whether your personal situation might need professional guidance.
If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form.
Understanding the coverages of car insurance helps when choosing appropriate coverage and proper limits and deductibles. Car insurance terms can be difficult to understand and nobody wants to actually read their policy.
Comprehensive or Other Than Collision – This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things like hitting a bird, fire damage, damage from getting keyed and rock chips in glass. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.
UM/UIM Coverage – This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as damage to your Volkswagen Touareg.
Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.
Collision coverages – Collision coverage covers damage to your Touareg caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims such as colliding with another moving vehicle, hitting a parking meter, scraping a guard rail, hitting a mailbox and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.
Medical costs insurance – Coverage for medical payments and/or PIP reimburse you for immediate expenses for prosthetic devices, EMT expenses, pain medications and nursing services. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay
Auto liability – This can cover damages or injuries you inflict on people or other property by causing an accident. It protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.
Liability coverage pays for claims like medical expenses, funeral expenses, structural damage, loss of income and legal defense fees. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible.
We just covered many ideas to lower your 2005 Volkswagen Touareg insurance prices. The key thing to remember is the more quotes you get, the better likelihood of getting inexpensive car insurance. Drivers may discover the best prices are with a company that doesn’t do a lot of advertising.
Some insurance providers do not offer rate quotes online and these smaller providers work with independent agencies. Cheaper insurance can be sourced on the web and also from your neighborhood agents, and you need to comparison shop both so you have a total pricing picture.
As you restructure your insurance plan, do not reduce needed coverages to save money. There are a lot of situations where an insured cut uninsured motorist or liability limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your goal is to buy a smart amount of coverage for the lowest price, but don’t skip important coverages to save money.
Much more information about insurance is available at the links below
From a town just southwest of Tacoma, WA. Don’t remember every company but I ended up saving about $60 each month. I used their website to get prices.
I live north of Minneapolis, Minnesota. Compared quite a few companies. Saved right around $40 a month. Progressive was the most affordable for me. Insured with Hanover before. Not sure if rates are cheaper online or through an agent.
I live in Jacksonville, FL. I got free prices from American Family, Mercury, and Western Auto Insurance for my Touareg and saved about $340 a year. Ask about discounts.
Great site. I’m in the north part of Lewiston, ME. Received quotes from 21st Century, AIG Insurance, Encompass, and Hartford for my 2005 Volkswagen Touareg and am saving around $400 a year. Insured with Nationwide before. Still almost need a second mortgage.
It’s all a rip off. Lifelong resident of Grand Forks, North Dakota. I quoted with Allstate, American Family, and Erie for my Volkswagen and saved $322 a year. Insured with Esurance before. My new agent seems to be really good. I got prices on the web.
Cheaper not always better. Found cheapest coverage with Farmers for my 2005 Volkswagen Touareg and saved around $140 a year. Insured with American Family before.
Liked the article. Checking in from Nashua, NH. Got rates from GEICO, AIG Insurance, Esurance, and Hartford for my 2005 Volkswagen Touareg and I’m now saving $29 a month. Online quotes are the way to go.
Is Progressive cheaper than Auto-Owners in Las Vegas, NV?
Thanks for putting this site together. I live in Norfolk, VA. Got car insurance prices from Western Auto Insurance, AAA, The General, and Safeco for my Volkswagen and saved just over $370 a year. I get a discount for insuring multiple vehicles. :)
From a town just southwest of Rutland, VT. Quoted prices online for a 2005 Volkswagen Touareg. Ended up at about $390 savings annually. Went with Allstate. Left Amica to switch. Got better coverage too. They offer free online rate quotes.
I’m in the west part of Bellevue, NE. Checked online prices for a 2005 Volkswagen Touareg. Ended up at about $530 savings annually. Went with GEICO. Good savings if you bundle.
I can’t pay high rates. Lifelong resident of Warren, Michigan. Checked online prices for a 2005 Volkswagen Touareg. Ended up at about $450 savings annually. Went with Progressive.
It all costs too much. Lifelong resident of Seattle, WA. Got car insurance prices from State Farm, Auto-Owners, Erie, and The General for my 2005 Volkswagen Touareg and saved just over $490 a year.
Just a quick comment on my experience. I live on the south side of Nashua, New Hampshire. Quoted rates from American Family, MetLife, and a few others for my Touareg and saved $426 a year. I recommend comparing lots of rates.
Live in the eastern part of Bridgeport, CT. Got quotes with Progressive, AIG Insurance, Farmers, and The General for my Touareg and saved $281 a year.