Are you trying to find more competitive Volkswagen Passat insurance in Tacoma? Price shopping your Volkswagen Passat insurance in Tacoma might be a challenge for drivers not familiar with quoting coverage prices online. People have so many agents and companies to choose from that it can easily become a difficult challenge to find the best price in Washington on Volkswagen Passat insurance.
Shocking but true, the vast majority of consumers in Washington kept their coverage with the same car insurance company for at least the last four years, and practically 40% of car insurance customers have never shopped around. With the average car insurance premium being $1,847, U.S. drivers could save themselves almost $860 a year, but they don't want to spend time to find lower-cost rates by getting comparison quotes.
It's a good idea to get comparison quotes occasionally since insurance prices trend upward over time. If you had the lowest price on Volkswagen Passat insurance in Tacoma a year ago you can probably find a lower rate today. Ignore everything you know about car insurance because it's time to teach you the things you must know in order to properly buy coverages and cut your premium.
Reduce Insurance Rates with These Tips
Many different elements are used when pricing auto insurance. Some of the criteria are obvious such as your driving history, but other factors are more transparent such as whether you are married or your financial responsibility.
The items below are some of the things used by your company to calculate your rate level.
Low deductibles cost more - Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Volkswagen from damage. Examples of covered claims are a windshield shattered by a rock, damage from fire, and damage from a fallen tree branch. Your deductibles tell how much the insured will be required to pay before a claim is paid by your company. The higher the amount the insured has to pay upfront, the bigger discount you will receive.
Poor credit decisions can cost you - Your credit score factor in determining premium rates. If your credit rating is not that good, you could pay less to insure your Volkswagen Passat if you clean up your credit. Consumers who have excellent credit tend to file fewer claims than drivers with lower credit scores.
Always keep your auto insurance in force - Letting your insurance expire can be a sure-fire way to increase your auto insurance rates. Not only will you pay higher rates, failure to provide proof of insurance may earn you a hefty fine and possibly a revoked license. You may then have to file a SR-22 with the Washington DMV.
Costs increase with policy add-ons - Policies have extra bells and whistles that can waste your money when buying auto insurance. Coverages for personal injury protection, accident forgiveness, and Farm Bureau memberships are probably not needed. These coverages may sound good at first, but if you have no use for them remove them and pocket the money.
Safer vehicles lower auto insurance rates - Vehicles with good safety scores tend to have better insurance rates. Highly rated vehicles reduce injuries and any reduction in injury severity means lower claim amounts and lower rates for you.
Vehicle features that lower rates - Choosing a vehicle with advanced anti-theft systems can help lower your rates. Theft deterrent systems such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart auto theft.
Filing claims can cost you more - Auto insurance companies in Washington generally give the best rates to insureds who only file infrequent claims. If you're an insured who likes to file claims you can expect increased rates or even have your policy non-renewed. Insurance coverage is meant to be used in the event of the bigger claims that can't be paid out-of-pocket.
Costs impacted by your city - Living in smaller towns and rural areas of the country can be a good thing if you are looking for the lowest rates. Less people living in that area corresponds to lower accident rates as well as less vandalism and auto theft. City drivers have more auto accidents and longer commutes to work. The longer drive time statistically corresponds to a higher accident and claim rate.
Volkswagen Passat claim data - Insurance companies use past insurance losses when they set coverage costs for each model. Vehicles that the data determines to have increased losses will have a higher cost to insure. The data below shows the collected loss data for Volkswagen Passat vehicles.
For each policy coverage type, the loss probability for all vehicles, regardless of manufacturer or model, is considered to be 100. Percentage values below 100 suggest losses that are better than average, while percentage values above 100 indicate more frequent claims or statistically larger claims.
Auto Insurance Loss Data for Volkswagen Passat Models
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
To find the best insurance quotes, there are several ways of comparing price quotes from insurance companies in your area. The simplest method to find cheaper Volkswagen Passat rates consists of obtaining rate quotes online. Just keep in mind that quoting more increases your odds of finding the best offered rates. Some smaller insurers do not give online price quotes, so it's important to also get rates from them, too.
The companies shown below are our best choices to provide free quotes in Washington. If multiple companies are shown, it's highly recommended you get rate quotes from several of them to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Passat Komfort Station Wagon||$238||$364||$328||$20||$98||$1,048||$87|
|Passat Komfort 4-Dr Sedan||$246||$512||$384||$22||$114||$1,278||$107|
|Get Your Own Custom Quote Go|
Table data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Washington minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Information does not factor in specific zip code location which can influence rates noticeably.
Annual premiums for males versus females
The diagram below illustrates the difference between Volkswagen Passat insurance prices for male and female drivers. Data assumes a clean driving record, no claims, full physical damage coverage, $1,000 deductibles, single marital status, and no discounts are applied.
Will you really save $486 on auto insurance?
Big name companies like State Farm and Allstate continually stream television, radio, and online ads. All the companies make an identical promise that you can save after switching to them. But how can every company give you a lower rate on Volkswagen Passat insurance in Tacoma?
Insurance companies quote their best rates for the type of customer that makes them money. For example, this type of insured could possibly be between 30 and 50, has no driving citations, and has great credit. Any new insured who matches those parameters will get very good Tacoma car insurance rates and will probably pay quite a bit less when switching companies.
Insureds who do not meet these standards may be forced to pay a more expensive rate and this results in the customer buying from someone else. The trick companies use is to say "customers that switch" not "everybody who quotes" save money. That's why insurance companies can confidently make claims that they all have the best car insurance rates.
This emphasizes why drivers must compare quotes as often as possible. It's not possible to predict which company will have the best Volkswagen Passat insurance in Tacoma.
Protect your vehicle and other assets
Despite the fact that car insurance is not cheap in Tacoma, insuring your vehicle is required by state law in Washington and it also provides benefits you may not be aware of.
First, almost all states have minimum mandated liability insurance limits which means the state requires a specific level of liability if you don't want to risk a ticket. In Washington these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you took out a loan on your vehicle, almost all lenders will have a requirement that you have comprehensive coverage to protect their interest in the vehicle. If coverage lapses or is canceled, the bank may buy a policy for your Volkswagen at a more expensive rate and require you to reimburse them much more than you were paying before.
Third, insurance safeguards both your vehicle and your personal assets. It also can pay for hospital and medical expenses incurred in an accident. Liability coverage, the one required by state law, will also pay for a defense attorney if you cause an accident and are sued. If damage is caused by hail or an accident, your policy will pay to have it repaired.
The benefits of having insurance more than offset the price you pay, specifically if you ever have a liability claim. As of last year, the average driver in Washington is overpaying over $820 a year so you should quote and compare rates at least once a year to save money.
Do you qualify for discounts?
Some insurers don't always advertise all their discounts very clearly, so below is a list some of the more common as well as some of the hidden savings tricks you should be using when you buy Tacoma car insurance online.
- Discounts for New Vehicles - Buying coverage on a new vehicle can save up to 30% because newer vehicles keep occupants safer.
- Multiple Cars - Insuring more than one vehicle on the same car insurance policy can get a discount on all vehicles.
- Professional Organizations - Participating in a civic or occupational organization in Tacoma is a simple method to lower premiums on your policy.
- Paperless Signup - Certain companies provide a small discount for buying your policy on the internet.
- Seat Belts Save more than Lives - Drivers who always wear seat belts and also require passengers to buckle their seat belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
As a footnote on discounts, most of the big mark downs will not be given to your bottom line cost. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. Despite the appearance that it's possible to get free car insurance, companies wouldn't make money that way.
Popular car insurance companies and a partial list of their discounts are outlined below.
- State Farm may have discounts that include good driver, accident-free, defensive driving training, safe vehicle, and passive restraint.
- Esurance offers discounts including online shopper, Switch & Save, good student, Pac-12 alumni, and emergency road assistance.
- Progressive offers discounts for multi-policy, multi-vehicle, online quote discount, good student, continuous coverage, online signing, and homeowner.
- Liberty Mutual policyholders can earn discounts including safety features, new graduate, newly married, exclusive group savings, and newly retired.
- Auto-Owners Insurance includes discounts for group or association, good student, air bags, multi-policy, teen driver, and safe vehicle.
- GEICO may include discounts for defensive driver, multi-vehicle, good student, federal employee, air bags, and driver training.
If you want inexpensive Tacoma car insurance quotes, ask each company or agent to give you their best rates. Some of the earlier mentioned discounts may not apply to policyholders in your state.
Get rate quotes but buy from a neighborhood Tacoma auto insurance agent
A lot of people still like to have an agent's advice and that is a smart decision The best thing about getting online price quotes is you may find better rates and also buy local. And buying from local insurance agencies is important especially in Tacoma.
To make it easy to find an agent, after completing this form (opens in new window), your coverage information is immediately sent to participating agents in Tacoma that give free quotes and help you find cheaper coverage. You won't need to contact an agency as quotes are delivered immediately to you. You can find lower rates without the usual hassles of price shopping. If you wish to get a rate quote from one company in particular, don't hesitate to go to their quote page to submit a rate quote request.
Deciding on an provider requires more thought than just the price. Agents should be asked these questions:
- How are claims handled?
- Are they in the agency full-time?
- How much can you save by raising your physical damage deductibles?
- Do they offer accident forgiveness?
- What will you get paid if your car is a total loss? How is that amount determined?
Car insurance savings summarized
People change insurance companies for any number of reasons including high rates after DUI convictions, lack of trust in their agent, delays in paying claims and questionable increases in premium. Whatever your reason, finding a new company is less work than it seems.
As you go through the steps to switch your coverage, don't be tempted to reduce needed coverages to save money. Too many times, an insured cut collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy a smart amount of coverage at the best price, but don't skip important coverages to save money.
We just covered many ideas to compare Volkswagen Passat insurance premium rates in Tacoma. The key concept to understand is the more rate quotes you have, the better your chances of lowering your prices. You may even find the most savings is with a small local company.
To learn more, feel free to visit the articles below:
- New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
- Who Has the Cheapest Car Insurance Quotes for a Hyundai Santa Fe in Washington? (FAQ)
- What Auto Insurance is Cheapest in Everett, Washington? (FAQ)
- What Auto Insurance is Cheapest for Retired Military in Washington? (FAQ)
- Who Has the Cheapest Auto Insurance for a Ford Fusion in Washington? (FAQ)
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- Teen Driving and Texting (State Farm)
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)