2001 Volkswagen Passat Insurance Rates – 9 Policy Discounts

Want lower insurance coverage rates for your Volkswagen Passat? Feel like you’re a prisoner to overpriced insurance coverage? Trust us, there are many consumers feeling the pinch from expensive insurance coverage.

There is such a variety of insurance companies to choose from, and although it’s a good thing to be able to choose, it can be more challenging to find the lowest cost provider.

It’s a great practice to take a look at other company’s rates before your policy renews due to the fact that insurance rates are constantly changing. Just because you found the lowest rates on Passat coverage last year you can probably find a better price now. So just forget all the misinformation about insurance coverage because you’re going to learn the things you must know in order to save on insurance coverage.

Comprehensive Car Insurance Comparison

There are a lot of ways you can shop for car insurance but one way is more efficient than others. You could spend the better part of a day discussing policy coverages with local insurance agents in your area, or you could use online quoting to achieve your goal.

Many insurance companies participate in an industry program where insurance shoppers send in one quote, and at least one company can provide price quotes based on that information. This system prevents you from having to do repetitive form submissions to each individual car insurance company. To compare 2001 Volkswagen Passat rates using this form now click here to start a free quote.

The only downside to using this type of system is you can’t choose which carriers to receive prices from. So if you want to select specific providers for rate comparison, we put together a list of companies who write car insurance in your area. Click to view list.

It doesn’t matter which method you choose, just make darn sure you compare identical coverage limits and deductibles for every company. If you compare higher or lower deductibles it will be impossible to decipher which rate is best. Just a small difference in coverages may result in a large different in cost. And when price shopping your coverage, comparing more company’s prices provides better odds of finding the best rates.

Do you qualify for a discount?

Insuring your vehicles can cost a lot, but there could be available discounts to cut the cost considerably. Most are applied when you purchase, but a few need to be asked for before you get the savings.

  • Homeowners Discount – Simply owning a home may trigger a insurance coverage policy discount because maintaining a house shows financial diligence.
  • Defensive Driver – Taking part in a defensive driving course could possibly earn you a 5% discount if you qualify.
  • Club Memberships – Being a member of a qualifying organization could trigger savings when shopping for insurance coverage on Passat coverage.
  • Discount for New Cars – Insuring a new car is cheaper due to better safety requirements for new cars.
  • Military Discounts – Having a deployed family member could mean lower rates.
  • Low Mileage Discounts – Keeping the miles down on your Volkswagen could qualify for a substantially lower rate.
  • Air Bag Discount – Factory air bags may earn rate discounts of more than 20%.
  • No Accidents – Drivers with accident-free driving histories can save substantially as compared to drivers who are more careless.
  • Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save up to 15% off the personal injury premium cost.

It’s important to understand that most credits do not apply the the whole policy. Most only cut individual premiums such as medical payments or collision. So when the math indicates you would end up receiving a 100% discount, it just doesn’t work that way. Any qualifying discounts will cut the cost of coverage.

To see a list of companies with the best insurance coverage discounts, click here to view.

What coverages do I need?

When it comes to buying the right insurance coverage, there isn’t really a “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that may help you determine if you may require specific advice.

  • What can I do if my company won’t pay a claim?
  • Do I have coverage if my license is suspended?
  • I have a DUI can I still get coverage?
  • When do I need to add a new car to my policy?
  • Is my state a no-fault state?
  • Does liability extend to a camper or trailer?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find an agent in your area, simply complete this short form or click here for a list of insurance companies in your area.

Specific coverage details

Learning about specific coverages of your policy helps when choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Shown next are the usual coverages found on the average auto insurance policy.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance provide coverage for bills for rehabilitation expenses, prosthetic devices, pain medications, dental work and nursing services. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states and may carry a deductible

Uninsured and underinsured coverage – Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these coverages are identical to your policy’s liability coverage.

Collision – Collision coverage will pay to fix damage to your Passat resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as crashing into a building, scraping a guard rail, sustaining damage from a pot hole and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

Comprehensive coverages – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as a broken windshield, a tree branch falling on your vehicle, rock chips in glass, hitting a deer and damage from flooding. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability insurance – Liability insurance protects you from damage or injury you incur to other people or property that is your fault. It protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.

Liability coverage protects against claims like court costs, pain and suffering, loss of income, attorney fees and repair costs for stationary objects. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

Shop around and save

Lower-priced 2001 Volkswagen Passat insurance can be bought on the web as well as from independent agents, and you need to comparison shop both to get a complete price analysis. Some insurance providers don’t offer online quoting and usually these smaller companies provide coverage only through local independent agents.

When trying to cut insurance costs, never buy less coverage just to save a little money. There have been many cases where someone dropped liability limits or collision coverage and found out when filing a claim they didn’t have enough coverage. Your focus should be to purchase plenty of coverage for the lowest price, not the least amount of coverage.

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