Searching for cheaper insurance for a new or used Volkswagen Phaeton could be a painful process, but you can learn a few tricks to find lower rates.
There are both good and bad ways to compare car insurance rates so we’re going to tell you the absolute fastest way to quote coverages for a new or used Volkswagen and locate the lowest possible price either online or from local insurance agents.
It’s a good habit to compare rates occasionally because rates go up and down regularly. Even if you think you had the best price on Phaeton coverage on your last policy the chances are good that you can find a lower rate today. You can find a lot of wrong information about car insurance online but we’re going to give you a lot of great tips on how to save money.
If you have car insurance now, you will be able to cut costs considerably using this strategy. Locating cheaper protection is not that difficult. But vehicle owners do need to understand how big insurance companies market insurance on the web.
Discounts are basically free money
Insuring your fleet can be pricey, but you may find discounts that many people don’t even know exist. A few discounts will automatically apply when you quote, but lesser-known reductions have to be asked about in order for you to get them.
- Employee of Federal Government – Employees or retirees of the government could cut as much as 10% off on Phaeton coverage with certain companies.
- Auto/Home Discount – If you have multiple policies with one company you may save approximately 10% to 15%.
- Seat Belts Save – Requiring all passengers to use a seat belt can save 10% or more off your PIP or medical payments premium.
- Accident Waiver – Certain companies permit an accident before hitting you with a surcharge if your claims history is clear for a set time period.
- No Claims – Claim-free drivers can save substantially as compared to frequent claim filers.
- Life Insurance Discount – Larger companies have a break if you buy a life insurance policy as well.
- Discounts for Safe Drivers – Drivers who don’t get into accidents may save up to 50% more on Phaeton coverage than less cautious drivers.
- Driver’s Ed – Require your teen driver to complete a driver education course if offered at their school.
- Student in College – Children who are attending college and don’t have a car can be insured at a reduced rate.
- Payment Discounts – By paying your policy upfront instead of making monthly payments you can actually save on your bill.
Drivers should understand that most of the big mark downs will not be given to the entire cost. Most only reduce specific coverage prices like comprehensive or collision. So when it seems like it’s possible to get free car insurance, you won’t be that lucky. Any qualifying discounts will reduce your premiums.
Comprehensive Car Insurance Comparison
There are several ways of comparing price quotes from different insurance companies. The easiest way to find competitive Volkswagen Phaeton insurance rates consists of shopping online. This can be accomplished in several different ways.
The first (and easiest) way to find low rates would be an industry-wide quote request form click to view form in new window. This easy form keeps you from doing multiple quote forms for each company. A single form will return price quotes from multiple low-cost companies. Recommended for those who want to invest the least amount of time.
Another way to get comparison quotes requires a visit to each company’s website and complete a new quote form. For examples sake, let’s say you want to compare Progressive, Farmers and State Farm. To get each rate you have to go to every website to enter your coverage information, which is why most consumers use the first method. For a handy list of car insurance company links in your area, click here.
The most time-consuming way to get comparison rates is driving around to insurance agents’ offices. The internet makes this process obsolete unless you want the trained guidance only provided by licensed agents. You can, however, comparison shop your insurance online and still use a local agent and we’ll touch on that later.
It’s up to you which method you use, but compare exactly the same information for each price quote. If you are comparing different limits and deductibles on each one it will be impossible to find the best deal for your Volkswagen Phaeton. Just a small difference in insurance coverages can mean a large discrepancy in price. And when quoting car insurance, remember that quoting more will improve the odds of getting a better price.
Factors that might impact rates for a Volkswagen Phaeton
Smart consumers have a good feel for some of the elements that come into play when calculating the rates you pay for car insurance. Having a good understanding of what controls the rates you pay empowers consumers to make smart changes that can help you get lower car insurance prices.
- Better crash test results mean better rates – Vehicles with high crash test scores tend to have better insurance rates. Safe vehicles reduce injuries and better occupant protection means lower claim amounts and lower rates for you. If your Volkswagen scored better than four stars on Safercar.gov you may qualify for a discount.
- Do you have a high stress job? – Careers like judges, architects and dentists have the highest average rates because of high stress and lengthy work days. Other jobs such as pilots, historians and retirees get better rates on Phaeton coverage.
- More than one policy can earn a discount – Some insurance companies provide better rates to customers who consolidate policies with them, otherwise known as a multi-policy discount. Even if you’re getting this discount you still need to compare other company rates to make sure you are getting the best deal.
- Don’t get talked into coverage you don’t need – There are a ton of additional coverages that you can get tricked into buying on your car insurance policy. Things like personal injury protection, accidental death and motor club memberships may be wasting your money. These coverages may sound good initially, but if you don’t need them remove them from your policy.
- Too many car insurance claims drive up costs – Companies give better rates to policyholders who do not rely on their insurance for small claims. If you tend to file frequent claims, you can definitely plan on either higher rates or even cancellation. Your insurance policy is intended to be relied upon for the large, substantial claims.
- No coverage gaps is important – Driving your car without having proper coverage is illegal and car insurance companies will penalize you for letting your coverage lapse. And not only will your rates increase, but not being able to provide proof of insurance may earn you a license revocation or jail time.
How do I know if I need professional advice?
When buying coverage for your vehicles, there isn’t really a “perfect” insurance plan. Every insured’s situation is different.
These are some specific questions may help highlight whether your personal situation might need an agent’s assistance.
- Will I be non-renewed for getting a DUI or other conviction?
- Do all my vehicles need collision coverage?
- What if I total my Volkswagen Phaeton and owe more than it’s worth?
- Is my business laptop covered if it gets stolen from my vehicle?
- How do I file an SR-22 for a DUI in my state?
- How high should my medical payments coverage be?
- When would I need rental car insurance?
If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form.
What if I want to buy from a local agent?
A small number of people just want to visit with an insurance agent and that is OK! The biggest benefit of getting online price quotes is the fact that you can find lower rates and still choose a local agent. Supporting small agencies is important especially in smaller rural communities.
Once you complete this form (opens in new window), your insurance data gets sent to companies who will give you bids to get your business. You won’t need to leave your computer since price quotes are sent directly to your email. It doesn’t get any easier! Get lower rates without the usual hassles of price shopping.
Is a captive or independent auto insurance agent right for you?
If you’re trying to find a good insurance agent, you need to know there are two different agency structures from which to choose. Insurance agencies are categorized either captive or independent.
Independent Agents (or Brokers)
Independent agents are not required to write business for one company but instead can place your coverage with multiple insurance companies depending on which coverage is best. If you are not satisfied with one company, your agent can switch companies and you don’t have to find a new agent. When comparing rates, it’s a good idea to contact several independent insurance agents for the best price selection. Many write coverage with smaller companies which can save you money.
Captive Insurance Agents
Captive agents have only one company to place business with and some examples include Farmers Insurance, American Family, State Farm and Allstate. These agents are not able to provide prices from multiple companies so it’s a take it or leave it situation. Captive agents are very knowledgeable on the products they sell which helps them compete with independent agents. Consumers often buy insurance from these agents partially due to high brand loyalty and solid financial strength.
To view a complete directory of agents, click here.
Deciding on an insurance agency shouldn’t rely on just a cheap price. Here are some questions to ask:
- Do they make recommendations based only on price?
- Do they receive special compensation for putting your coverage with one company over another?
- Can they give you a list of client referrals?
- How are claims handled?
- Does the company allow you to choose your own collision repair facility?
Once you have received good answers to these questions as well as a affordable price, you have narrowed it down to a car insurance agent that meets your needs to provide car insurance coverage.
Best coverage at the best price
Insureds switch companies for any number of reasons including delays in paying claims, high prices, an unsatisfactory settlement offer or even unfair underwriting practices. Whatever your reason, finding a new car insurance company is actually quite simple.
As you shop your coverage around, it’s not a good idea to reduce coverage to reduce premium. There are many occasions where an insured dropped physical damage coverage and discovered at claim time that it was a big error on their part. The aim is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.
Lower-priced Volkswagen Phaeton insurance is available online and also from your neighborhood agents, and you should compare price quotes from both to get a complete price analysis. Some insurance companies may not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.
