Are Your Volkswagen Passat Auto Insurance Rates Too High in Las Vegas?

No one enjoys paying for auto insurance, particularly when the cost is too high. You have so many insurance companies to purchase coverage from, and even though it’s nice to have multiple companies, it can be more challenging to compare company pricing.

It’s smart to compare rates before your policy renews due to the fact that insurance rates tend to go up over time. Even if you got the best deal for Passat coverage six months ago you can probably find a better price now. Starting right now, forget all the misinformation about auto insurance because you’re going to get a crash course in how to use online quotes to find better rates and still maintain coverage.

The purpose of this article is to introduce you to the best way to quote coverages and some tips to save money. If you have car insurance now, you should be able to cut costs considerably using these methods. Nevada drivers just need to know the most effective way to get comparison quotes on the web.

Don’t miss these discounts

Insuring your vehicles can cost a lot, but there could be available discounts to cut the cost considerably. A few discounts will automatically apply at the time you complete a quote, but a few must be manually applied before you get the savings. If they aren’t giving you every credit you qualify for, you are throwing money away.

• Early Switch Discount – Some insurance companies reward drivers for switching to them before your current policy expires. It’s a savings of about 10%.
• Claim Free – Good drivers with no accidents can earn big discounts as compared to bad drivers.
• Good Student – Performing well in school can earn a discount of 20% or more. This discount can apply until age 25.
• No Charge for an Accident – Some insurance companies will allow you to have one accident before hitting you with a surcharge as long as you don’t have any claims prior to the accident.
• Own a Home – Owning a house in Las Vegas can save you money due to the fact that maintaining a home shows financial diligence.
• Club Memberships – Affiliation with certain professional organizations could trigger savings when buying auto insurance for Passat coverage.

Drivers should understand that many deductions do not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. Just because it seems like adding up those discounts means a free policy, companies don’t profit that way. But any discount will bring down your premiums.

To choose insurers with discount auto insurance rates in Nevada, follow this link.

What determines your Volkswagen Passat insurance premium

Consumers need to have an understanding of the rating factors that come into play when calculating the rates you pay for auto insurance. Knowing what determines base rates allows you to make educated decisions that could result in much lower annual insurance costs.

The list below includes some of the factors companies use to determine premiums.

• Safer occupants lowers premiums – Safer cars get lower rates. Safer cars result in less severe injuries and lower injury rates means lower claim amounts passed on to you as lower rates. If the Volkswagen Passat scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
• Claim-free discounts can add up – Companies in Nevada give cheaper rates to people who do not file claims often. If you file claims often, you can expect either policy cancellation or increased premiums. Your insurance policy is intended to be relied upon for larger claims.
• Don’t sacrifice liability coverage – Liability insurance provides coverage if ever you are found to be at fault for damages from an accident. It will provide legal defense up to the limits shown on your policy. This coverage is very inexpensive compared to physical damage coverage, so buy as much as you can afford.
• Being married is a good thing – Getting married can get you a discount when buying auto insurance. It is viewed as being more mature than a single person it has been statistically shown that married couples file fewer claims.
• Is your vehicle built for speed? – The make and model of the vehicle you are buying insurance for makes a big difference in how high your rates are. The cheapest insurance rates are usually for small economy passenger cars, but the cost you end up paying is determined by many additional factors. Since the Volkswagen Passat is considered a compact car, insuring your vehicle will cost the same to a little lower than the average rate where you live in Las Vegas.
• Rural vs Urban Areas – Choosing to live in less populated areas can be a good thing when it comes to auto insurance. Drivers in populated areas have much more traffic and longer commute times. Lower population translates into fewer accidents and a lower car theft rate.
• Occupation reflects on rates – Occupations like judges, business owners and accountants have higher rates than average in part from job stress and lengthy work days. On the flip side, jobs such as scientists, athletes and the unemployed get better rates for Passat coverage.
• Your car’s features help determine rates – Owning a car that has an advanced theft prevention system can get you a discount on your auto insurance. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent car theft.

How can 21st Century, Allstate and State Farm save drivers who switch?

Consumers constantly see and hear ads for cheaper car insurance from companies such as 21st Century, Allstate and State Farm. They all seem to have a common claim of big savings if you switch your policy.

How can each company make the same claim? This is how they do it.

Insurance companies can use profiling for the right customer that makes them money. For example, a desirable insured might be a mature driver, has no tickets, and drives newer vehicles. Any driver that hits that “sweet spot” will get very good rates and therefore will pay quite a bit less when switching companies.

Drivers who are not a match for these standards must pay a more expensive rate which leads to the customer not buying. The ad wording is “people who switch” not “people who quote” save money. That’s the way insurance companies can confidently advertise the way they do.

This illustrates why you need to get as many comparisons as possible. It is impossible to predict which company will fit your personal profile best.

Additional auto insurance links

Additional auto insurance information is available on the website for the Nevada Division of Insurance located here. Nevada drivers can find out which companies have the most complaints, discover disciplinary actions, and find a variety of consumer forms.

Other useful links include NAIC.org’s Understanding your Policy and this link where you can make Las Vegas auto insurance comparisons.

In the end, you save

You just read many tips how you can lower your Volkswagen Passat insurance rates. The key concept to understand is the more providers you compare, the higher your chance of finding lower rates. Drivers may discover the biggest savings come from a smaller regional carrier. They can often insure niche markets at a lower cost than the large multi-state companies such as Progressive or GEICO.

Lower-priced Volkswagen Passat insurance can be bought on the web in addition to many Las Vegas insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not provide the ability to get a quote online and these small insurance companies work with independent agents.