Trying to find low-cost insurance for your Volkswagen Passat in North Carolina can be an all-consuming task, but you can learn our insurance buying tips to find lower rates.
There are both good and bad ways to find insurance online and you need to know the quickest way to compare rates for your Volkswagen and find the cheapest rates either online or from Durham insurance agents.
It is always a good idea to get comparison quotes once or twice a year because insurance prices change regularly. Even if you think you had the lowest rate on Volkswagen Passat insurance in Durham a few years ago a different company probably has better premium rates today. Block out anything you think you know about insurance because we’re going to show you how to use the internet to lower your annual insurance bill.
All major car insurance companies such as Progressive, GEICO, Allstate and State Farm allow consumers to get insurance quotes on the web. This process is pretty easy as you just type in your coverage information on the page. After you complete the form, the quote system automatically orders your driving and credit reports and returns a price determined by many factors.
Quoting online for Volkswagen Passat insurance in Durham makes it simple to compare prices and it’s very important to compare as many rates as possible in order to find affordable car insurance pricing.
To quickly get comparison pricing now, consider comparing rates from the companies shown below. If you have your current policy handy, we recommend you type in the insurance coverages exactly as they are listed on your policy. This ensures you will be getting a price comparison using the same coverage and limits.
The providers in the list below are our best choices to provide comparison quotes in North Carolina. If you want to find cheaper auto insurance in Durham, NC, it’s a good idea that you visit two to three different companies to get a more complete price comparison.
Auto insurance discounts help lower rates for Volkswagen Passat insurance in Durham
Companies that sell car insurance don’t always list every possible discount very clearly, so we took the time to find both the well known and the harder-to-find credits available to bring down your rates.
- Air Bag Discount – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of 20% or more.
- Defensive Driving Course – Participating in a defensive driving course can save you 5% or more if you qualify.
- Discount for New Cars – Insuring a vehicle that is new can be considerably cheaper because newer vehicles are generally safer.
- More Vehicles More Savings – Having multiple cars or trucks on one policy can reduce rates for all insured vehicles.
- Durham Homeowners Discount – Simply owning a home can get you a discount since home ownership means you have a higher level of financial diligence.
- Use Seat Belts – Drivers who always wear seat belts and also require passengers to wear their seat belts can save a little off the personal injury premium cost.
Keep in mind that most discounts do not apply to the entire policy premium. Some only apply to specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like all those discounts means the company will pay you, insurance companies wouldn’t stay in business.
The illustration below shows the difference between Volkswagen Passat insurance premiums with and without discounts applied to the rates. Data assumes a male driver, no accidents or driving violations, North Carolina state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-car, safe-driver, multi-policy, and homeowner discounts applied.
A list of auto insurance companies and the discounts they provide can be read below.
- Farmers Insurance may include discounts for electronic funds transfer, good student, pay in full, teen driver, homeowner, and early shopping.
- State Farm discounts include accident-free, Steer Clear safe driver discount, multiple policy, good driver, safe vehicle, and good student.
- Liberty Mutual may offer discounts for new vehicle discount, newly married, newly retired, teen driver discount, multi-policy, multi-car, and preferred payment discount.
- MetLife offers premium reductions for multi-policy, claim-free, good driver, good student, accident-free, and defensive driver.
- Progressive may have discounts that include online signing, online quote discount, homeowner, continuous coverage, and multi-vehicle.
If you need lower rates, check with every insurance company how many discounts you can get. Some of the earlier mentioned discounts may not apply to policies everywhere. To view companies that have a full spectrum of discounts in North Carolina, click here to view.
Data for Volkswagen Passat insurance
The price information displayed next outlines detailed analysis of insurance coverage prices for Volkswagen Passat models. Having insight into how insurance prices are formulated can help guide drivers when making informed decisions when shopping around for a new policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Passat Komfort Station Wagon||$238||$524||$256||$16||$76||$1,110||$93|
|Passat Komfort 4-Dr Sedan||$238||$524||$302||$18||$90||$1,172||$98|
|Get Your Own Custom Quote Go|
Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Prices do not factor in specific zip code location which can modify coverage rates noticeably.
The information below highlights how deductible choice and can raise or lower Volkswagen Passat insurance prices for different age categories. Data assumes a single male driver, full coverage, and no additional discounts are factored in.
How accidents and tickets impact rates
The chart below shows how speeding tickets and at-fault accidents raise Volkswagen Passat insurance costs for each different age category. The rates are based on a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are taken into consideration.
Cost of full coverage
The illustration below illustrates the difference between Volkswagen Passat annual premium costs when comparing full coverage to state minimum liability only. The premium estimates are based on a clean driving record, no claims, $250 deductibles, single marital status, and no discounts are applied to the premium.
When to stop buying comprehensive and collision coverage
There is no set guideline for excluding comp and collision coverage, but there is a general guideline. If the yearly cost for physical damage coverage is 10% or more of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Volkswagen Passat claim settlement value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $4,000 after paying your deductible. If premium cost is more than $400 annually for full coverage, then you may want to consider only buying liability coverage.
There are a few situations where removing full coverage is not a good idea. If you still owe money on your vehicle, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should keep full coverage on your policy.