Are you tired of not being able to afford to buy auto insurance? You are in the same boat as many other consumers.
You have so many insurance companies to purchase coverage from, and although it’s a good thing to have a choice, it makes it harder to find a good deal.
Finding the best rates is not rocket science. Just about everyone who buys insurance coverage will most likely be able to cut their insurance bill. Nevertheless, drivers should learn the way insurance companies determine prices.
To find inexpensive insurance quotes, there are several ways of comparing price quotes from many car insurance companies in your state. The recommended way to find cheaper Volkswagen Eos rates involves getting comparison quotes online. This is quite simple and can be completed using a couple different methods.
To view a list of companies in your area, click here.
Take whichever approach you prefer, but try to use exactly the same quote information with each company. If the quotes have different coverage information it’s impossible to make an equal comparison. Just a small difference in limits can mean a large discrepancy in price. Just keep in mind that getting more free quotes will improve the odds of getting more affordable rates. Not every company does online quotes, so it’s important to compare prices from those companies as well.
Insuring your fleet can be pricey, but there are discounts available that could drop your premiums quite a bit. Certain reductions will be credited when you get a quote, but lesser-known reductions have to be asked about before they will apply.
Just know that most discount credits are not given to your bottom line cost. Some only apply to the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like all those discounts means the company will pay you, nobody gets a free ride.
To choose providers that can offer you the previously mentioned discounts, click here.
Many factors are used when you quote your car insurance policy. Some factors are common sense like a motor vehicle report, but other factors are not as apparent like your vehicle usage or how safe your car is.An important part of buying insurance is that you know the factors that play a part in calculating your policy premiums. If you have some idea of what determines premiums, this enables informed choices that can help you get much lower annual insurance costs.
The list below includes some of the most rate-impacting factors companies use to determine premiums.
When choosing the best insurance coverage, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs so this has to be addressed. Here are some questions about coverages that can aid in determining if your insurance needs could use an agent’s help.
If you can’t answer these questions, you might consider talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier
Companies like Geico, State Farm and Progressive regularly use ads on television and other media. All the companies advertise the message that people will save after switching to their company. How is it possible that every company can charge you a lower premium? This is the trick they use.
Different companies require specific criteria for the type of insured that will be a good risk. One example of this type of driver could possibly be over the age of 50, has never had a policy lapse, and drives a lower-performance vehicle. A customer getting a price quote that hits that “sweet spot” will probably get cheap rates as well as save if they switch.
Potential insureds who may not quite match these stringent criteria will get a more expensive rate and ends up with the prospect going elsewhere. If you listen to the ad wording, they say “people that switch” but not “all drivers who get quotes” save that kind of money. That’s why companies can advertise the way they do. This really drives home the point why it is so important to compare rate quotes every year. Because you cannot predict the company that will provide you with the cheapest premium rates.
Learning about specific coverages of your insurance policy can help you determine the best coverages for your vehicles. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording. These are the usual coverages found on most insurance policies.
Coverage for medical expenses
Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for things like X-ray expenses, EMT expenses, prosthetic devices, dental work and pain medications. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible
Auto liability insurance
Liability insurance will cover damages or injuries you inflict on people or other property. It protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.
Liability insurance covers things such as funeral expenses, loss of income, emergency aid and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but consider buying as much as you can afford.
Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims such as a tree branch falling on your vehicle, hail damage and hitting a bird. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Collision coverage protection
This pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for things such as sustaining damage from a pot hole, colliding with another moving vehicle and rolling your car. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.
Coverage for uninsured or underinsured drivers
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.
Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.
We just showed you quite a bit of information on how to compare 2016 Volkswagen Eos insurance car insurance rates online. The key concept to understand is the more price quotes you have, the higher your chance of finding the cheapest insurance. Consumers could even find that the best price on insurance is with an unexpected company. These companies may cover specific market segments cheaper than their larger competitors like Geico and State Farm.
As you prepare to switch companies, do not sacrifice coverage to reduce premiums. There are many occasions where an insured dropped collision coverage and learned later that it was a big error on their part. Your goal is to find the BEST coverage at the best price and still be able to protect your assets.
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I think I’m paying too much. From northwest of Montgomery, AL. Received prices from State Farm, Esurance, and Liberty Mutual for my 2016 Volkswagen Eos and saved $523 a year. Insured with Progressive before. I get multi-vehicle and multi-policy discounts. Wish I didn’t have to insure at all.
I got quite a few price quotes for a 2016 Volkswagen Eos in Hartford, Connecticut. Ended up at about $570 every six months with Auto-Owners. Insured with MetLife before. I increased coverages a little too. Not sure if rates are cheaper online or through an agent.
I live on the east side of Wichita, Kansas. Quoted a bunch of companies. Saved roughly $60 a month. GEICO was the cheapest for me. Was with Mercury. I think they have home insurance too. Can still barely afford it.
I live just outside Bangor, Maine. Quoted prices online for a 2016 Volkswagen Eos. Ended up at about $210 savings annually. Went with Progressive. I get multi-vehicle and multi-policy discounts. Still almost need a second mortgage.
Nice info. I’m from Allentown, PA. I got free rates from 21st Century, American Family, Erie, and Liberty Mutual for my Volkswagen and I’m now saving $40 a month.
I’m in the south part of Chesapeake, Virginia. Quoted with State Farm, Esurance, and Hanover for my 2016 Volkswagen Eos and saved $360 a year. God forbid I actually have a claim.
I got a good deal I think. From northwest of Hartford, CT. Compared rates from a lot of places. Saved about $70 a month. 21st Century was the cheapest for me. They have free quotes online.
I’m in the suburbs of Owensboro, Kentucky. I quoted with Western Auto Insurance, AIG Insurance, Hartford, and Mercury for my Volkswagen and I’m now saving $65 a month. Left Liberty Mutual to switch. Hardly afford to drive anymore.
I’ve had Progressive for years. I’m in Indianapolis, IN.
Located in Oklahoma City, OK. Received rates from Hartford, Auto-Owners, Mercury, and a couple others for my Volkswagen and I’m now saving $30 a month. I just quoted rates online.
I’m in the north part of Knoxville, TN. I got free rates from Amica, Eastwood, and Mercury for my Eos and I’m now saving $45 a month.