Did a good deal turn out to be an expensive auto insurance policy? Say no more because you’re not alone.
Many insurance companies vie to insure your vehicles, and because of this it can be hard to compare insurers to find the absolute lowest price
You should take the time to compare premium rates before your next renewal because auto insurance prices are usually higher with each renewal. If you had the best price for Passat insurance a few years ago you may be paying too much now. You can find a lot of information about auto insurance on the web, but in this article, you’re going to get a bunch of ideas how to quit paying high auto insurance rates.
All major insurance coverage companies allow consumers to get price estimates from their websites. The process is possible for anyone as you simply type in your coverage information into the form. Upon sending the form, their rating system collects credit information and your driving record and returns a price based on these factors. Online price estimates simplifies rate comparisons, but the time required to go to multiple sites and type in the same information can be a bit repetitive. But it is imperative to perform this step if you are searching for the best price on insurance coverage.
There is a better way!
An easier way to find lower prices requires only one form to obtain quotes from a bunch of companies at once. It saves time, helps eliminate reptitive entry, and makes comparison shopping a lot less work. After sending your information, it is rated and you are able to buy any of the returned quotes.
If one or more price quotes are lower than your current rates, it’s easy to complete the application and purchase the new policy. The whole process takes just a few minutes to complete and you’ll know if lower rates are available.
To quickly get comparison pricing now, click here and input your coverage information. If you have a policy now, it’s recommended you duplicate the coverage information identical to your current policy. Doing this guarantees you will have rate quotes using the same coverage and limits.
Insurance coverage is neither fun to buy or cheap, but there’s a good chance there are discounts that can help lower your rates. Most are applied at the time of quoting, but some may not be applied and must be asked about prior to receiving the credit. If you don’t get every credit you qualify for, you are throwing money away.
Discounts lower rates, but some of the credits will not apply to the entire policy premium. Most only cut individual premiums such as comp or med pay. Even though the math looks like all those discounts means the company will pay you, companies don’t profit that way.
To see insurance coverage companies that have a full spectrum of discounts, click here.
When it comes to choosing the right insurance coverage for your vehicles, there really is no cookie cutter policy. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions might point out if your insurance needs would benefit from professional advice.
If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.
Having a good grasp of insurance can be of help when determining which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring. These are the normal coverages found on the average insurance policy.
Protection from uninsured/underinsured drivers
Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as damage to your 2018 Volkswagen Passat.
Due to the fact that 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. Normally these limits do not exceed the liability coverage limits.
Comprehensive (Other than Collision)
This pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive can pay for things such as rock chips in glass, hitting a deer and theft. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Medical expense insurance
Med pay and PIP coverage pay for immediate expenses for things like doctor visits, nursing services and prosthetic devices. They can be utilized in addition to your health insurance plan or if there is no health insurance coverage. They cover both the driver and occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible
This coverage can cover damage that occurs to a person or their property in an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 which stand for a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.
Liability insurance covers things like funeral expenses, medical expenses and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.
Collision insurance pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.
Collision can pay for things like rolling your car, driving through your garage door, colliding with a tree and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible in order to get cheaper collision rates.
Lower-priced 2018 Volkswagen Passat insurance can be purchased from both online companies as well as from independent agents, so you should compare both so you have a total pricing picture. Some insurance providers do not provide price quotes online and many times these smaller companies only sell through independent insurance agents.
When getting insurance coverage quotes online, don’t be tempted to buy less coverage just to save a little money. Too many times, an insured dropped full coverage and found out when filing a claim that it was a big mistake. The goal is to find the BEST coverage at the lowest possible cost, not the least amount of coverage.
More information can be found at the links below
From a town just southwest of Minneapolis, Minnesota. Got quotes from Allstate, GMAC, and Encompass for my Volkswagen and saved $392 a year.
From Columbus, GA. I got free quotes with 21st Century, AIG Insurance, and Esurance for my Volkswagen and saved $568 a year. Was with Esurance. I increased coverages a little too. Might find lower rates online.
Nice info. I live on the east side of Parkersburg, WV. Got quotes from GEICO, Auto-Owners, and some I forget for my Volkswagen and I’m now saving $45 a month. Not sure about claim service.
Does 21st Century have low rates for teen drivers?
Live in Lexington, Kentucky. I don’t recall every quote but I ended up saving about $20 each month. I have kids on my policy, too. I used their online quote form to compare rates.