2006 Volkswagen Passat Insurance Rates – 7 Savings Tips

Searching for better insurance rates for your Volkswagen Passat? Having to pay for overpriced Volkswagen Passat insurance can take a big chunk out of your bank account and make it impossible to make ends meet. Comparison shopping is a smart way to reduce premiums and put more money in your pocket. With so many options when it comes to insurance, it’s nearly impossible to pick the most cost effective car insurance company.

It’s smart to compare rates periodically due to the fact that insurance rates are variable and change quite frequently. If you had the best rates for Passat coverage last year you can probably find a lower rate today. So just block out anything you think you know about insurance because you’re going to learn the fastest and easiest way to save on insurance.

How to Get Cheap Insurance Coverage

All major insurance coverage companies such as State Farm and Allstate allow you to get coverage price quotes online. This process is pretty easy as you just type in your required coverages as detailed in the form. Behind the scenes, their system makes automated requests for your credit score and driving record and returns a price based on many factors. This makes comparing rates easy, but the process of having to visit multiple sites and complete many quote forms is repetitive and time-consuming. But it’s very important to have as many quotes as possible if you want to find the best price on insurance coverage.

An easier way to lower your rates utilizes a single form to get prices from several companies at one time. It’s a real time-saver, eliminates repetitive work, and makes quoting online a lot less work. Once the form is submitted, it gets priced and you can select any or none of the quote results.

If the quotes result in lower rates, you simply finish the application and buy the new coverage. The entire process can be completed in less than 10 minutes and you’ll know if lower rates are available.

In order to get comparison pricing now, click here and submit the form. If you have coverage now, it’s recommended you duplicate coverages and limits as close as possible to your current policy. Using the same limits helps guarantee you will receive a rate comparison for exact coverage.

Save with discounts on Volkswagen Passat insurance

Insurance can be prohibitively expensive, but you may find discounts to help offset the cost. Most are applied when you purchase, but a few must be specially asked for prior to receiving the credit. If you aren’t receiving every discount possible, you are paying more than you should be.

  • Braking Control Discount – Cars that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
  • Drive Safe and Save – Safe drivers may save up to 50% more for Passat coverage than drivers with accidents.
  • Discount for Life Insurance – Larger companies have a break if you buy life insurance.
  • Early Switch Discount – Some insurance companies reward drivers for signing up before your current policy expires. It’s a savings of about 10%.
  • Student Driver Training – Require your teen driver to enroll in driver’s education if offered at their school.
  • Service Members Pay Less – Being on active duty in the military can result in better rates.
  • Multiple Vehicles – Insuring multiple vehicles with the same company can get a discount on all vehicles.

Consumers should know that some credits don’t apply to the entire cost. Most only reduce individual premiums such as physical damage coverage or medical payments. Just because you may think you could get a free car insurance policy, it doesn’t quite work that way. Any amount of discount will cut your premiums.

A partial list of companies that may offer some of the above discounts include:

Before buying, ask every prospective company how you can save money. Savings might not apply in every state.

Tailor your coverage to you

When buying the right insurance coverage for your personal vehicles, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For example, these questions might help in determining if you will benefit from professional help.

  • Does my insurance cover my expensive audio equipment?
  • What if I total my 2006 Volkswagen Passat and owe more than it’s worth?
  • Do all my vehicles need collision coverage?
  • Should I drop comprehensive coverage on older vehicles?
  • Does my policy cover me when driving someone else’s vehicle?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Do I have coverage for damage caused while driving under the influence?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Exactly who is provided coverage by my policy?

If you don’t know the answers to these questions, you might consider talking to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.

Auto insurance 101

Having a good grasp of your policy helps when choosing the right coverages for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverage types found on most insurance policies.

Liability insurance

Liability insurance protects you from damages or injuries you inflict on other’s property or people by causing an accident. It protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

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. Your policy might show limits of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability insurance covers things such as bail bonds, emergency aid and medical expenses. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like a broken windshield, damage from a tornado or hurricane and rock chips in glass. The maximum amount a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants when other motorists 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 2006 Volkswagen Passat.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Normally the UM/UIM limits do not exceed the liability coverage limits.

Coverage for medical payments

Med pay and PIP coverage reimburse you for expenses like nursing services, ambulance fees, chiropractic care and dental work. They are used to fill the gap from your health insurance policy or if you do not have health coverage. They cover both the driver and occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision protection

Collision insurance will pay to fix damage to your Passat resulting from a 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 such as backing into a parked car, colliding with another moving vehicle, rolling your car, sustaining damage from a pot hole and hitting a mailbox. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to bump up the deductible to save money on collision insurance.