2002 Volkswagen Passat Insurance Quotes

Sick and tired of paying out the nose to buy car insurance? You are in the same boat as the majority of other car owners.

Online insurance companies like Allstate, Progressive and Geico continually hit you with catchy ads and consumers find it hard to ignore the flashy ads and take the time to shop coverage around.

It’s a good habit to take a look at other company’s rates occasionally because prices tend to go up over time. Just because you had the lowest rates for Passat insurance a couple years back there may be better deals available now. There is a lot of wrong information about insurance on the internet, so with this article, you’re going to get some excellent ideas to slash your insurance rates.

If you are paying for car insurance now, you should be able to save some money using these techniques. Buying car insurance is not that difficult. But car owners must know how insurance companies compete online and apply this information to your search.

Vehicle Insurance Comparison

The are a couple different ways to get quotes from different insurance companies. The simplest method to compare 2002 Volkswagen Passat insurance prices consists of obtaining rate quotes online. This is very easy and can be done in several different ways.

  1. The most efficient way to find the lowest comparison rates is an all-inclusive rate comparison click here to open form in new window. This easy form prevents you from having to do separate quotes for every auto insurance company. A single, simple form compares rates direct from many companies.
  2. A more difficult way to get quotes online is to manually visit each individual company website and complete a new quote form. For instance, we’ll assume you want to compare State Farm, Farmers and Allstate. To find out each rate you need to visit each site to input your insurance information, which is why the first method is more popular.

    For a list of links to companies insuring cars in your area, click here.

It’s up to you how you get prices quotes, just make sure you use identical coverage limits and deductibles for each price quote. If you have different limits and deductibles on each one it will be very difficult to find the best deal for your Volkswagen Passat. Slightly different insurance coverages can make a big difference in price. And when quoting auto insurance, remember that more quotes provides better odds of finding the best offered rates.

Don’t miss these discounts

Auto insurance companies don’t always list all their discounts very well, so we break down some of the more common and the more hidden ways to save on insurance coverage.

  • Homeowners Savings – Owning a house may earn you a small savings because maintaining a house is proof that your finances are in order.
  • Drivers Education – Have your child complete a driver education course in high school.
  • One Accident Forgiven – A few companies will allow you to have one accident before hitting you with a surcharge as long as you don’t have any claims for a certain period of time.
  • Fewer Miles Equal More Savings – Low mileage vehicles can earn lower rates on the low mileage vehicles.
  • Sign Early and Save – Some companies give discounts for switching to them before your current policy expires. It can save you around 10%.
  • No Claims – Drivers with accident-free driving histories pay much less compared to bad drivers.
  • Discount for Life Insurance – Companies who offer life insurance give better rates if you take out a life insurance policy as well.
  • Clubs and Organizations – Being a member of a civic or occupational organization is a good way to get lower rates on insurance coverage for Passat insurance.

As a disclaimer on discounts, many deductions do not apply to your bottom line cost. Some only reduce the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like having all the discounts means you get insurance for free, it just doesn’t work that way.

For a list of insurers with discount insurance coverage rates, click here.

Why you might be paying too much to insure your Volkswagen Passat

An important part of buying insurance is that you know the rating factors that help determine your insurance coverage rates. When you know what positively or negatively impacts premium levels enables informed choices that can help you get better insurance coverage rates.

The following are a few of the “ingredients” insurance coverage companies consider when setting your rates.

  • Lower rates with optional equipment – Driving a car with an alarm system can help lower your rates. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder your car from being stolen.
  • Big city or small town – Living in a rural area can save you money when it comes to insurance coverage. City drivers have traffic congestion and much longer commute distances. Fewer people means a lower chance of having an accident and also fewer theft and vandalism claims.
  • Being married is a good thing – Being married helps lower the price when buying insurance coverage. Marriage is viewed as being more mature and statistics show married couples file fewer claims.
  • Drive less and save money – The more miles you rack up on your Volkswagen in a year’s time the more you will pay for insurance coverage. The majority of insurers rate vehicles based upon how you use the vehicle. Cars used primarily for pleasure use qualify for better rates as compared to vehicles used primarily for driving to work. Improper usage on your Passat may be costing you. Double check that your insurance coverage policy shows how each vehicle is driven.
  • With age comes lower rates – Young drivers are known to be more careless behind the wheel so insurance coverage rates are higher. If you’ve ever had to add a teen driver onto your insurance coverage can be very expensive. Older drivers are viewed as being more responsible, statistically cause fewer accidents and are safer drivers.
  • Discounts for multiple policies – Many insurance companies provide better rates to people who carry more than one policy. It’s known as a multi-policy discount. This can amount to 10 percent or more. Even with this discount, it’s still a good idea to shop around to verify if the discount is saving money. You may still find better rates by splitting coverages up.

When might I need help?

When it comes to buying adequate coverage for your personal vehicles, there isn’t really a best way to insure your cars. Coverage needs to be tailored to your specific needs so your insurance should reflect that For example, these questions can help discover if you would benefit from an agent’s advice.

  • Which companies will insure high-risk drivers?
  • Can I drive in Mexico and have coverage?
  • What discounts do I qualify for?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • How can I force my company to pay a claim?
  • Is a fancy paint job covered?
  • Is my ex-spouse still covered by my policy?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies.

Beware of misleading car insurance ads

Car insurance providers like Progressive, Geico, Allstate and State Farm regularly use ads on television and other media. They all say the same thing that you can save if you move your policy. How does each company claim to save you money?

Different companies are able to cherry pick for the right customer that is profitable for them. A good example of a driver they prefer could be between 30 and 50, has no driving citations, and drives less than 10,000 miles a year. A customer that hits that “sweet spot” will qualify for the lowest rates and is almost guaranteed to save quite a bit of money when switching.

Consumers who do not match this ideal profile will be charged higher premiums which leads to business going elsewhere. Company advertisements say “drivers who switch” not “people who quote” save that much. That is how companies can truthfully advertise the way they do. That is why you need to compare as many rates as you can. Because you never know which insurance companies will provide you with the cheapest Volkswagen Passat insurance rates.

Insurance specifics

Having a good grasp of your insurance policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and coverage can change by endorsement. Shown next are typical coverage types offered by insurance companies.

Collision protection

This will pay to fix damage to your Passat resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as colliding with another moving vehicle, crashing into a ditch and sustaining damage from a pot hole. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Liability auto insurance

This protects you from damage that occurs to people or other property in an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

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 liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things like emergency aid, legal defense fees and pain and suffering. How much coverage you buy is a personal decision, but consider buying as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Volkswagen Passat.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Comprehensive auto coverage

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like a broken windshield, hitting a bird and damage from a tornado or hurricane. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like rehabilitation expenses, surgery, ambulance fees and funeral costs. They can be utilized in addition to your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible

One last thing

We just showed you many ideas to save on 2002 Volkswagen Passat insurance. The key thing to remember is the more providers you compare, the better your comparison will be. Consumers could even find that the biggest savings come from some of the lesser-known companies. Smaller companies often have lower prices on specific markets as compared to the big name companies such as Geico and State Farm.

When trying to cut insurance costs, it’s very important that you do not buy less coverage just to save a little money. There are many occasions where drivers have reduced physical damage coverage only to regret at claim time that the savings was not a smart move. Your aim should be to get the best coverage possible at a price you can afford while still protecting your assets.

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