Cheap 2007 Volkswagen Passat Insurance Rates

Nobody I know fancies paying their premiums for insurance, especially when they could lower their rates if they shopped around. Big companies like State Farm, Farmers Insurance, Geico and Allstate persitently shower you with ad campaigns and consumers find it hard to see past the corporate glitz and do the work needed to find the best deal.

If you are insured now or need a new policy, you can follow these tips to find better prices and possibly find even better coverage. Buying car insurance is not that difficult. Drivers just need to know the most efficient way to shop their coverage around online.

Slash your insurance rates with discounts

Some insurers don’t necessarily list every possible discount very clearly, so below is a list a few of the more well known and the more hidden discounts that you may qualify for.

• No Charge for an Accident – Not really a discount, but companies like State Farm and Progressive allow you one accident without getting socked with a rate hike with the catch being you have to be claim-free for a specific time period.
• Air Bag Discount – Vehicles with factory air bags can get savings up to 30%.
• Distant Student Discount – Older children who are enrolled in higher education away from home and do not have access to a covered vehicle could qualify for this discount.
• Membership in Organizations – Being a member of a civic or occupational organization may earn a discount on your bill.
• E-sign Discounts
• New Vehicle Savings – Adding a new car to your policy can cost up to 25% less because newer models are generally safer.
• Policy Bundle Discount – When you have multiple policies with one company they may give you a discount of up to 20% off your total premium.
• More Vehicles More Savings – Purchasing coverage when you have several vehicles on the same insurance policy can reduce the rates for all insured vehicles.
• Pay Now and Pay Less – If you can afford to pay the entire bill rather than paying monthly you can actually save on your bill.

Discounts reduce rates, but you should keep in mind that most of the big mark downs will not be given the the whole policy. Most only cut specific coverage prices like liability and collision coverage. If you do the math and it seems like you could get a free insurance policy, you won’t be that lucky.

Larger insurance companies and the discounts they provide are included below.

• Farm Bureau has savings for good student, renewal discount, 55 and retired, multi-policy, and safe driver.
• MetLife discounts include good student, defensive driver, accident-free, claim-free, good driver, and multi-policy.
• Progressive may have discounts that include multi-vehicle, continuous coverage, multi-policy, online quote discount, and online signing.
• AAA offers discounts for education and occupation, multi-car, multi-policy, AAA membership discount, anti-theft, pay-in-full, and good driver.
• American Family has discounts for good driver, early bird, air bags, accident-free, good student, mySafetyValet, and defensive driver.
• Geico may include discounts for federal employee, military active duty, five-year accident-free, good student, and air bags.
• State Farm includes discounts for driver’s education, safe vehicle, anti-theft, good driver, Steer Clear safe driver discount, and defensive driving training.

If you want cheaper car insurance quotes, ask each insurance company what discounts are available to you. Some of the discounts discussed earlier may not be available in your area. If you would like to see a list of providers that can offer you the previously mentioned discounts, click here to view.

Find more affordable insurance with these tips

Lots of things are part of the equation when quoting car insurance. Most are fairly basic such as your driving record, but other criteria are more obscure such as your credit history or how financially stable you are.Consumers need to have an understanding of the factors that aid in calculating your policy premiums. If you have some idea of what controls the rates you pay, this allows you to make educated decisions that may result in lower premium levels.

• Insurance policy lapses increase premiums – Going without insurance will be a quick way to pay more for insurance. And not only will insurance be more expensive, being ticketed for driving with no insurance could result in a license revocation or jail time.
• Do you qualify for a multi-policy discount? – Many insurance companies apply a discount to people who have multiple policies with them in the form of a multi-policy discount. The amount of the discounts can be anywhere from five to ten percent in most cases. Even if you’re getting this discount it’s in your best interest to check prices from other companies to help ensure you have the lowest rates. You may still save money by buying from different companies
• Safer occupants lowers prices – Vehicles with high crash test scores tend to have better insurance rates. Safer cars reduce injuries and lower injury rates means lower claim amounts which can result in lower premiums.
• Car insurance liability insurance limits – The liability coverage on your policy kicks in in the event that a court rules you are at fault for an accident. Your liability coverage provides for a legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so drivers should buy more than the minimum limits required by law.
• Your location is important – Having an address in small towns and rural areas may provide you with better prices when talking about insurance. City drivers have to deal with much more traffic and a longer drive to work. Fewer drivers on the road means reduced accidents and also fewer theft and vandalism claims.
• Job can influence premiums – Occupations such as fire fighterspolice officers and dentists tend to have higher premium rates in part from job stress and lots of time spent away from family. On the flip side, occupations such as professors, athletes and performers have the lowest average rates for Passat insurance.

You are unique and your insurance coverage should be too

When it comes to choosing coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine if you would benefit from an agent’s advice.

• When should I buy a commercial auto policy?
• Do I have coverage for damage caused while driving under the influence?
• Does my insurance cover my expensive audio equipment?
• How much liability coverage do I need in my state?
• What is covered by UM/UIM coverage?
• Is motorclub coverage worth it?
• Is rental equipment covered for theft or damage?
• Should I have combined single limit or split liability limits?
• Does insurance cover tools stolen from my truck?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.

Insurance coverages 101

Understanding the coverages of your policy aids in choosing the right coverages at the best deductibles and correct limits. Insurance terms can be difficult to understand and coverage can change by endorsement. Listed below are the normal coverages found on the average insurance policy.

Comprehensive coverages

Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as hitting a bird, damage from flooding, rock chips in glass and a tree branch falling on your vehicle. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Coverage for liability

This coverage will cover damage that occurs to people or other property that is your fault. It protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000. Some companies may use one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things such as medical services, loss of income, attorney fees, repair bills for other people’s vehicles and structural damage. How much liability coverage do you need? That is your choice, but you should buy higher limits if possible.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for expenses like hospital visits, X-ray expenses, pain medications, EMT expenses and prosthetic devices. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Uninsured and underinsured coverage

This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as damage to your 2007 Volkswagen Passat.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Usually these coverages do not exceed the liability coverage limits.

Auto collision coverage

This coverage pays for damage to your Passat resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like crashing into a ditch, damaging your car on a curb, hitting a mailbox and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. You can also increase the deductible in order to get cheaper collision rates.

Best coverage at the best price

In this article, we presented many ways to compare 2007 Volkswagen Passat insurance prices online. It’s most important to understand that the more times you quote, the better your comparison will be. Consumers may even find the best price on auto insurance is with a company that doesn’t do a lot of advertising. Regional companies may have significantly lower rates on certain market segments than their larger competitors like State Farm and Allstate.

While you’re price shopping online, it’s not a good idea to skimp on critical coverages to save a buck or two. There are many occasions where an insured dropped comprehensive coverage or liability limits and learned later that they should have had better coverage. Your goal should be to buy a smart amount of coverage at a price you can afford, but do not skimp to save money.

Additional information can be read below:

• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)
• Understanding Rental Car Insurance (Insurance Information Insitute)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)
• What if I Can’t Find Coverage? (Insurance Information Insitute)
• Vehicle Size and Weight FAQ (iihs.org)