How to Compare Jacksonville Volkswagen Passat Insurance

Discount Volkswagen Passat insuranceWant to learn the secrets to finding more affordable Volkswagen Passat insurance in Jacksonville? Trying to find the cheapest insurance for a Volkswagen Passat in Florida can turn out to be a lot of work, but you can learn these tips and make it easy.

There are more efficient ways to buy car insurance and you need to know the proper way to price shop coverage for a Volkswagen and obtain the cheapest rates from both online companies and Jacksonville agents.

Finding the most affordable protection in Jacksonville is not as hard as you think. If you have a current insurance policy or just want a better rate, use these money-saving tips to reduce the price you pay and still get good coverage. Shoppers just have to learn the proper way to shop from many different companies.

Volkswagen Passat insurance analysis

The price information displayed next highlights detailed analysis of rate quotes for Volkswagen Passat models. Learning more about how rates are calculated can be valuable when making decisions when choosing a new policy provider.

Volkswagen Passat Insurance Rates in Jacksonville, FL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Passat Komfort Station Wagon $356 $736 $430 $26 $128 $1,676 $140
Passat Komfort 4-Dr Sedan $356 $736 $504 $30 $152 $1,778 $148
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Cost estimates assume single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Table data does not factor in vehicle garaging location which can modify price quotes considerably.

Where to set your deductibles

A question often asked by Jacksonville drivers is which comprehensive and collision deductibles to buy. The comparisons below may help to conceptualize the costs and benefits when you buy lower versus higher policy deductibles. The first rate estimation uses a $100 physical damage deductible and the second data table uses a $500 deductible.

Volkswagen Passat insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Passat Komfort Station Wagon $406 $764 $354 $20 $106 $1,675 $140
Passat Komfort 4-Dr Sedan $406 $764 $418 $24 $124 $1,761 $147
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Volkswagen Passat insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Passat Komfort Station Wagon $296 $516 $354 $20 $106 $1,292 $108
Passat Komfort 4-Dr Sedan $296 $516 $418 $24 $124 $1,378 $115
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Price estimates do not factor in vehicle garaging location which can lower or raise premium rates substantially.

Using the premium rates above, we can conclude that using a $100 deductible will cost you roughly $32 more each month or $384 annually averaged for all Passat models than quoting the higher $500 deductible. Because you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you tend to go at least 13 months between claim filings, you would probably be better off going with the higher deductible.

The diagram below highlights how deductible selection and can change Volkswagen Passat annual premium costs for different age categories. Data assumes a single male driver, full physical damage coverage, and no other discounts are factored in.

Bad driving habits will cost you more

The example below illustrates how traffic citations and accident claims impact Volkswagen Passat insurance prices for different age groups. The prices are based on a married female driver, full coverage, $250 deductibles, and no other discounts are factored in.

Volkswagen Passat liability-only versus full coverage

The example below illustrates the comparison of Volkswagen Passat auto insurance costs with full physical damage coverage compared to only buying liability only. The premiums are based on no claims or driving violations, $100 deductibles, drivers are not married, and no discounts are taken into consideration.

When to stop buying physical damage coverage

There is no definitive guideline that works best for making the decision to drop comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is more than 10% of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.

For example, let’s say your Volkswagen Passat claim settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would receive is $8,000 after the policy deductible has been paid. If it’s costing in excess of $800 annually for comprehensive and collision coverage, then it might be time to buy liability only.

There are a few cases where dropping physical damage coverage is not advised. If you still have a loan on your vehicle, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not drop full coverage.

Insurance Price Influencing Factors

Many different elements are taken into consideration when you quote your car insurance policy. A few of the factors are predictable such as your driving history, but others are less obvious like where you live or your commute time.

Is insurance coverage cheaper for females or males? – Statistics demonstrate that females tend to be a little less risky than males. The data does not necessarily mean that females are better drivers. Males and females tend to get into accidents at a similar rate, but men cause more damage and cost insurance companies more money. Men also statistically get higher numbers of serious violations such as DWI and reckless driving.

The diagram below shows the difference between Volkswagen Passat insurance rates for male and female drivers. The prices are based on a clean driving record, no at-fault accidents, comp and collision included, $250 deductibles, marital status is single, and no discounts are taken into consideration.

Rural areas have lower rates – Residing in a small town can be a good thing when insuring your vehicles. People in densely populated areas have to deal with much more traffic and longer commute times. Less people living in that area means less chance of accidents and also fewer theft and vandalism claims.

Certain employers pay higher prices – Do you work in a high-stress field? Jobs like military generals, architects, and emergency personnel tend to pay higher rates than average due to intense work-related stress and lengthy work days. Other jobs such as farmers, engineers and homemakers have lower than average premiums.

Discounts for married couples – Walking down the aisle actually saves money on your car insurance policy. Having a significant other demonstrates that you tend to be more mature and insurance companies like that married drivers tend to have fewer serious accidents.

Car and home together may be cheaper – Some companies apply better rates to buyers who have multiple policies with them such as combining an auto and homeowners policy. If you currently are using one company, consumers should still compare other Jacksonville Passat insurance rates to help guarantee you have the best rates.

Liability coverage – Your policy’s liability coverage is the coverage that protects you when you are ruled to be at fault for damages caused by your negligence. Your policy’s liability insurance provides legal defense coverage up to the limits shown on your policy. It is affordable coverage compared to comp and collision, so drivers should make sure they buy enough to cover all assets.

Maintain car insurance coverage – Driving with no insurance can get your license suspended and companies may charge more for letting your coverage cancel without a new policy in place. And not only will insurance be more expensive, not being able to provide proof of insurance could earn you a fine, jail time, or a revoked license. Then you may be required to provide proof of insurance in the form of an SR-22 filing with the Florida DMV.

Costs go up with performance – The type of car, truck or SUV you need insurance for makes a substantial difference in your auto insurance rates. Smaller low performance passenger cars generally have the cheapest insurance rates, but your final cost has many other factors.

The following chart assumes a single male driver age 30, full coverage with $250 deductibles, and no discounts or violations. It shows Volkswagen Passat insurance premiums compared to other models that have a range of performance risks.

Insurance loss statistics a Volkswagen Passat – Insurance companies analyze claim trends for every vehicle when setting premium costs. Vehicles that the statistics show to have increased losses will cost more to insure.

The next table illustrates the actual insurance loss data for Volkswagen Passat vehicles. For each policy coverage, the statistical loss for all vehicles, regardless of manufacturer or model, is considered to be 100. Percentage numbers below 100 imply a favorable loss record, while values that are above 100 point to more claims or tendency to have larger claims.

Volkswagen Passat Insurance Claim Statistics
Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Volkswagen Passat 101 99 99 111 113 102

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

One last note

Cheaper Volkswagen Passat insurance in Jacksonville can be sourced online and with local Jacksonville insurance agents, so you need to shop Jacksonville car insurance with both to have the best chance of lowering rates. Some insurance companies do not offer the ability to get quotes online and most of the time these small, regional companies prefer to sell through independent insurance agents.

We just presented a lot of tips how to find cheaper Volkswagen Passat insurance in Jacksonville. The key concept to understand is the more rate comparisons you have, the better your chances of lowering your car insurance rates. You may even be surprised to find that the lowest rates are with a smaller regional carrier.

When shopping online for auto insurance, it’s very important that you do not buy less coverage just to save a little money. In many cases, someone dropped liability coverage limits and learned later that the savings was not a smart move. Your goal should be to find the BEST coverage at a price you can afford, but do not skimp to save money.

Steps to finding affordable Volkswagen Passat insurance in Jacksonville

It takes a little time, but the best way to find affordable quotes for auto insurance rates is to compare prices regularly from insurers that sell auto insurance in Jacksonville. Drivers can shop around by completing these steps.

  1. Take a little time to learn about policy coverages and the factors you can control to keep rates low. Many rating factors that cause rate increases like distracted driving and a bad credit rating can be amended by making minor changes in your lifestyle.
  2. Request rate estimates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only provide price estimates from a single company like Progressive or Farmers Insurance, while independent agencies can quote rates from multiple sources.
  3. Compare the new rate quotes to your current policy to see if you can save by switching companies. If you find a lower rate quote and change companies, make sure there is no lapse in coverage.
  4. Provide notification to your current company to cancel your current coverage. Submit the application along with any required down payment to the new insurer. Be sure to place the new certificate of insurance with the vehicle registration.

An essential thing to point out is to make sure you’re comparing the same level of coverage on each quote and and to compare as many companies as possible. Doing this provides an accurate price comparison and and a good selection of different prices.

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