Save on 2002 Volkswagen Passat Insurance Cost

Trying to find lower insurance rates? Buyers have options when searching for the best price on Volkswagen Passat insurance. You can either spend your time calling around trying to get quotes or leverage the internet to compare rates. There are both good and bad ways to buy insurance so we’re going to tell you the proper way to compare rates on a Volkswagen and get the lowest possible price either online or from local insurance agents.

Finding affordable coverage is not rocket science. If you currently have car insurance, you stand a good chance to be able to save some money using these methods. Consumers only need an understanding of the most efficient way to compare company rates online.

Don’t miss with these discounts

Companies don’t necessarily list every discount they offer very well, so the list below details both the well known as well as the least known credits available to bring down your rates.

• Safety Restraint Discount – Using a seat belt and requiring all passengers to buckle up can save up to 15% on the medical payments or PIP coverage costs.
• Clubs and Organizations – Belonging to specific professional or occupational memberships or organizations could trigger savings when shopping for insurance coverage.
• Senior Citizens – If you’re over the age of 55, you could receive a small discount on rates on Passat coverage.
• Low Mileage Discounts – Driving fewer miles could be rewarded with better premium rates on cars that stay parked.
• Anti-lock Brakes – Cars and trucks with ABS and/or traction control can stop better under adverse conditions so companies give up to a 10% discount.
• Safety Course Discount – Participating in a course teaching driver safety skills could save 5% or more depending on where you live.
• Discount for Multiple Policies – If you insure your home and vehicles and insure them both with the same insurance company you could earn a discount of over 10 percent off each policy depending on the company.
• Early Signing – A few insurance companies give discounts for switching policies before your current coverage expires. It can save you around 10%.
• Discount for Life Insurance – If the company offers life insurance, you could get a break if you buy auto and life insurance together.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given the the whole policy. Most only reduce individual premiums such as liability, collision or medical payments. Even though it may seem like all those discounts means the company will pay you, insurance coverage companies aren’t that generous.

If you would like to view providers who offer discounts, follow this link.

The quickest way to compare rates is to realize almost all companies participate in online systems to compare rate quotes. The only thing you need to do is provide a little information like how much school you completed, if a SR-22 is required, how much you drive, and your credit rating estimate. The rating information is instantly sent to insurance companies and you receive quotes instantly to find the best rate.

To start a rate quote now, click here and enter the information requested.

Your situation helps dictate your coverage

When it comes to buying the right insurance coverage for your vehicles, there really is no best way to insure your cars. Everyone’s situation is unique.

These are some specific questions can help discover whether you may require specific advice.

• Is business property covered if stolen from my car?
• Will my rates increase for filing one claim?
• Is upholstery damage covered by car insurance?
• Am I missing any policy discounts?
• Do I need PIP (personal injury protection) coverage in my state?
• Should I carry comprehensive and collision coverage?
• Which companies will insure high-risk drivers?
• Is a new car covered when I drive it off the dealer lot?
• Am I covered when delivering products for my home-based business?
• Are my friends covered when driving my 2002 Volkswagen Passat?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form. It’s fast, free and may give you better protection.

Auto insurance coverage breakdown

Having a good grasp of your auto insurance policy helps when choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Collision coverages – Collision insurance will pay to fix damage to your Passat resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as backing into a parked car, colliding with another moving vehicle, scraping a guard rail and crashing into a ditch. 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 choose a higher deductible to save money on collision insurance.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Volkswagen Passat.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Comprehensive protection – This pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like hail damage, fire damage, theft and falling objects. The maximum payout your auto insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical expense coverage – Medical payments and Personal Injury Protection insurance provide coverage for expenses like nursing services, prosthetic devices and hospital visits. They are often used in conjunction with a health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability auto insurance – Liability insurance can cover damage or injury you incur to other people or property in an accident. It protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits 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 limit of $25,000 paid for damaged property.

Liability coverage pays for things such as repair bills for other people’s vehicles, court costs, bail bonds, pain and suffering and structural damage. How much coverage you buy is up to you, but it’s cheap coverage so purchase as much as you can afford.

A tidy conclusion

When shopping online for auto insurance, make sure you don’t reduce coverage to reduce premium. There have been many situations where consumers will sacrifice uninsured motorist or liability limits and found out when filing a claim that the savings was not a smart move. Your aim should be to buy enough coverage at the best possible price, but don’t skip important coverages to save money.

Insureds change insurance companies for a variety of reasons including delays in paying claims, delays in responding to claim requests, an unsatisfactory settlement offer or high rates after DUI convictions. No matter why you want to switch, choosing a new insurance company is less work than it seems.

We covered a lot of tips how to save on 2002 Volkswagen Passat insurance. The key thing to remember is the more quotes you get, the better likelihood of getting cheap insurance. You may even find the best price on auto insurance is with the smaller companies.

To read more, take a look at these articles:

• Older Drivers FAQ (iihs.org)
• Get the Right Protection (InsureUonline.org)
• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)
• Airbag FAQ (iihs.org)