1994 Volkswagen Passat Insurance Rates – 10 Ways to Save

Searching for cheaper insurance coverage rates for your Volkswagen Passat? Locating cheaper insurance for your Volkswagen Passat can turn out to be an all-consuming task, but you can learn our insurance coverage buying tips to make it easier.

There are both good and bad ways to shop for insurance coverage so you’re going to learn the best way to quote coverages for your Volkswagen and find the best price possible either online or from local insurance agents.

You should make it a habit to check insurance coverage prices periodically because rates fluctuate regularly. Even if you got the lowest rates for Passat coverage last year you can probably find a lower rate today. So just forget anything you know (or think you know) about insurance coverage because you’re going to learn one of the easiest ways to save money, get proper coverage and the best rates.

If you have a policy now or need a new policy, you can learn to reduce the price you pay and possibly find even better coverage. Buying affordable insurance can be fairly easy. Drivers only need to know the most effective way to compare rates over the internet.

Free Quotes for Insurance Coverage

Performing a rate comparison can be a daunting task if you don’t understand the most efficient way. You can spend countless hours talking to insurance companies in your area, or you could save time and use the internet to get rate comparisons in just a few minutes.

Most major companies belong to an insurance system where insurance shoppers only type in their quote data once, and at least one company returns a rated price based on that data. This prevents consumers from doing quote forms to every company.

To compare pricing click here to start a free quote.

The single downside to using this type of form is you cannot specify which insurance companies to receive prices from. If you would rather choose specific providers to compare, we have assembled a list of insurance coverage companies in your area. Click to view list.

Whichever way you use, ensure you’re using the exact same quote information for each price quote. If you use unequal deductibles or liability limits it’s impossible to make a fair comparison for your Volkswagen Passat.

Take advantage of discounts

The price of auto insurance can be rather high, but companies offer discounts that can drop the cost substantially. Most are applied at the time of quoting, but less common discounts must be manually applied before being credited. If they aren’t giving you every credit available, you are throwing money away.

  • Pay Now and Pay Less – If paying your policy premium upfront rather than paying monthly you could save up to 5%.
  • Organization Discounts – Affiliation with certain professional organizations could qualify you for a break when buying insurance for Passat coverage.
  • Safety Course Discount – Taking part in a defensive driving course could save 5% or more and easily recoup the cost of the course.
  • Low Mileage Discounts – Driving fewer miles could be rewarded with a substantially lower rate.
  • Own a Home – Owning a house may earn you a small savings due to the fact that maintaining a home demonstrates responsibility.
  • Safe Driver Discount – Drivers who avoid accidents may save up to 50% more for Passat coverage than drivers with accident claims.
  • Save with a New Car – Insuring a new car can be considerably cheaper since new cars are generally safer.
  • Theft Prevention Discount – Cars that have factory anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Early Signing – Some insurance companies reward drivers for switching to them before your current expiration date. This can save 10% or more.
  • Auto/Home Discount – If you insure your home and vehicles with one insurance company you may save 10% to 20% off each policy.

Consumers should know that some credits don’t apply to all coverage premiums. Most only reduce individual premiums such as physical damage coverage or medical payments. So when it seems like you would end up receiving a 100% discount, you’re out of luck. But all discounts will reduce your premiums.

A partial list of companies that may offer these money-saving discounts are:

Before buying, ask each insurance company which discounts you may be entitled to. All car insurance discounts might not be offered in your state.

How to know if you need help

When buying adequate coverage for your personal vehicles, there really is no cookie cutter policy. Your needs are not the same as everyone else’s.

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

  • Why am I required to get a high-risk car insurance policy?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Does my insurance cover my expensive audio equipment?
  • Do I have coverage for damage caused while driving under the influence?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Which companies will insure high-risk drivers?
  • Should I carry comprehensive and collision coverage?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. To find an agent in your area, complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance policy coverages for a 1994 Volkswagen Passat

Understanding the coverages of your insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

UM/UIM Coverage – This gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Volkswagen Passat.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Frequently these coverages are similar to your liability insurance amounts.

Collision coverage – Collision insurance covers damage to your Passat resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as driving through your garage door, backing into a parked car and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to save money on collision insurance.

Liability auto insurance – Liability coverage can cover injuries or damage you cause to people or other property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as medical services, loss of income, bail bonds, legal defense fees and attorney fees. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Medical costs insurance – Medical payments and Personal Injury Protection insurance pay for immediate expenses like ambulance fees, dental work and nursing services. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover you and your occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as fire damage, a tree branch falling on your vehicle, damage from flooding and hail damage. The most a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.