2005 Volkswagen Passat Insurance Cost – 8 Savings Tips

Shoppers have many options when shopping for low-cost Volkswagen Passat insurance. You can either waste hours driving around trying to get quotes or utilize the internet to find the lowest rates.

There is a better way to shop for insurance and we’ll show you the absolute fastest way to quote coverages for your Volkswagen and obtain the cheapest rates from local insurance agents and online providers.

It’s a good habit to do rate comparisons yearly because rates tend to go up over time. If you had the best deal for Passat coverage a couple years back you will most likely find a better rate today. So block out anything you think you know about insurance because you’re going to get a crash course in how to quote online to find lower rates on insurance.

Pay less for 2005 Volkswagen Passat insurance

Properly insuring your vehicles can get expensive, buy you may qualify for discounts to help bring down the price. Most are applied when you complete an application, but some may not be applied and must be asked about before you get the savings. If they aren’t giving you every credit possible, you’re just leaving money on the table.

  • Discount for Good Grades – A discount for being a good student can save 20 to 25%. The good student discount can last up until you turn 25.
  • Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less for Passat coverage than drivers with accident claims.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes are safer to drive and earn discounts up to 10%.
  • Club Memberships – Participating in certain professional organizations may earn a discount on insurance coverage for Passat coverage.
  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy may reduce the rate for each vehicle.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to enroll in driver’s education if it’s offered in school.
  • Low Mileage – Fewer annual miles on your Volkswagen can qualify you for discounted rates on garaged vehicles.
  • Theft Prevention System – Anti-theft and alarm systems can help prevent theft and therefore earn up to a 10% discount.

It’s important to understand that most of the big mark downs will not be given to all coverage premiums. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So when the math indicates having all the discounts means you get insurance for free, companies wouldn’t make money that way. But any discount will bring down the cost of coverage.

To see a list of insurers with the best insurance coverage discounts, click this link.

Automobile Insurance Quotes

There are several ways to shop for Volkswagen Passat auto insurance, but one way is easier and takes less work. You could waste time talking about coverages with agents in your area, or you could use online quoting to maximize your effort.

Most car insurance companies participate in an industry program that enables customers to enter their coverage request one time, and each company returns a rated price based on that information. This prevents consumers from doing quote forms for each company.

To find out how much you’re overpaying now click here to open in new window.

One minor caviat to pricing coverage this way is you can’t choose which companies you want pricing from. So if you prefer to choose individual companies to receive pricing from, we put together a list of low cost auto insurance companies in your area. Click to view list.

Which method you use is up to you, but be sure to compare the exact same information for every quote you compare. If you enter mixed coverages it will be next to impossible to determine which rate is truly the best.

Tailor your coverage to you

When it comes to choosing coverage for your personal vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is a little different.

For example, these questions might point out whether your personal situation may require specific advice.

  • How much underlying liability do I need for an umbrella policy?
  • How can I find cheaper teen driver insurance?
  • When should my teen driver be added to my policy?
  • Am I missing any policy discounts?
  • If my 2005 Volkswagen Passat is totaled, can I afford another vehicle?
  • What happens if I owe more than my 2005 Volkswagen Passat is worth?
  • How much liability do I need to cover my assets?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and can help protect your family.

Are you falling for claims of savings?

Consumers constantly see and hear ads that promise big savings by companies like Allstate, Geico and Progressive. They all say the same thing of big savings if you switch to them.

But how can every company claim to save you money?

Insurance companies have a preferred profile for the right customer that is profitable for them. A good example of a profitable customer might be over the age of 50, has no prior claims, and has excellent credit. A customer who meets those qualifications will qualify for the lowest rates and most likely will cut their rates substantially.

Potential insureds who fall outside the requirements will be quoted higher rates and ends up with the customer not buying. Company advertisements say “people who switch” not “everyone that quotes” save that much. That’s why insurance companies can confidently claim big savings.

This emphasizes why you absolutely need to get as many quotes as possible. Because you never know which insurance companies will fit your personal profile best.

Coverages available on your insurance policy

Knowing the specifics of insurance can be of help when determining appropriate coverage and the correct deductibles and limits. Insurance terms can be confusing and even agents have difficulty translating policy wording.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for bills such as pain medications, hospital visits and doctor visits. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Collision protection

This will pay to fix damage to your Passat caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like backing into a parked car, scraping a guard rail, driving through your garage door and hitting a parking meter. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently these coverages are identical to your policy’s liability coverage.

Comprehensive insurance

This pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as vandalism, theft and hitting a bird. The maximum payout your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability car insurance

This can cover damages or injuries you inflict on a person or their property by causing an accident. It protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things such as bail bonds, attorney fees, medical expenses and court costs. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.

Be a penny pincher

As you restructure your insurance plan, it’s not a good idea to reduce needed coverages to save money. Too many times, an accident victim reduced liability limits or collision coverage only to find out that it was a big error on their part. The proper strategy is to buy enough coverage for the lowest price, not the least amount of coverage.

People leave their current company for any number of reasons including extreme rates for teen drivers, lack of trust in their agent, policy cancellation or questionable increases in premium. No matter why you want to switch, choosing a new company is pretty easy and you might even save some money in the process.

Budget-conscious 2005 Volkswagen Passat insurance is possible on the web and also from your neighborhood agents, and you should compare price quotes from both to have the best chance of lowering rates. Some car insurance companies may not provide online quoting and usually these small insurance companies provide coverage only through local independent agents.

Additional detailed information can be found in these articles: