1992 Volkswagen Passat Insurance Rates – 7 Savings Tips

Searching for the cheapest insurance rates for your Volkswagen Passat? Locating the cheapest insurance for your Volkswagen Passat can turn out to be difficult, but you can learn the following methods to save time.

There are more efficient ways to shop for insurance so you’re going to learn the proper way to price shop coverage on a Volkswagen and find the best price possible from both online companies and local agents.

Don’t pay full price with these seven discounts

Insurance can be prohibitively expensive, buy you may qualify for discounts that you may not even be aware of. Some trigger automatically at quote time, but some may not be applied and must be specially asked for before being credited. If they aren’t giving you every credit possible, you are throwing money away.

  • Drive Safe and Save – Drivers who don’t get into accidents may receive a discount up to 45% less on Passat insurance than drivers with accidents.
  • Theft Prevention System – Cars that have factory anti-theft systems help deter theft and qualify for as much as a 10% discount.
  • Senior Citizens – Mature drivers may be able to get a small decrease in premiums on Passat insurance.
  • Multiple Cars – Having all your vehicles with the same company can get a discount on all vehicles.
  • Drivers Education – Cut your cost by having your teen driver complete a driver education course in school.
  • Auto/Home Discount – If you insure your home and vehicles with one company you may earn at least 10% off all policies.
  • Life Insurance Discount – Larger companies have better rates if you take out life insurance.

It’s important to understand that most credits do not apply the the whole policy. Most cut individual premiums such as liability, collision or medical payments. Even though it may seem like you can get free auto insurance, you won’t be that lucky. But all discounts will reduce your overall premium however.

To see a list of companies offering insurance discounts, follow this link.

Insurance ads bend the truth

Consumers can’t ignore all the ads for cheaper car insurance from the likes of Progressive, Allstate and GEICO. All the ads have a common claim that you can save if you switch your coverage to them.

But how can every company make the same claim? This is how they do it.

All companies have a preferred profile for the driver that is profitable for them. For instance, a profitable customer could be over the age of 50, has no driving citations, and has great credit. A customer who meets those qualifications is entitled to the best price and is almost guaranteed to cut their rates substantially.

Potential customers who fall outside this ideal profile must pay a more expensive rate which usually ends up with business going elsewhere. The ads state “customers who switch” not “everyone that quotes” save that kind of money. This is how insurance companies can confidently make the claims of big savings.

This illustrates why drivers should get a wide range of price quotes. It is impossible to predict the company that will have the lowest Volkswagen Passat insurance rates.

Your personal situation dictates your coverage

When buying coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

For example, these questions can help discover whether or not you might need an agent’s assistance.

  • Is business equipment covered while in my vehicle?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Is other people’s property covered if stolen from my vehicle?
  • What is the difference between comprehensive and collision coverage?
  • How high should my medical payments coverage be?
  • Should I rate my 1992 Volkswagen Passat as pleasure use or commute?
  • What happens if I owe more than my 1992 Volkswagen Passat is worth?
  • What is no-fault insurance?
  • What is the minimum liability in my state?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and may give you better protection.

Car insurance coverage specifics

Learning about specific coverages of your policy can help you determine the best coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Collision protection

Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims like sustaining damage from a pot hole, driving through your garage door, hitting a parking meter and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Auto liability

This provides protection from damages or injuries you inflict on other’s property or people that is your fault. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as medical expenses, emergency aid and bail bonds. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your 1992 Volkswagen Passat.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Usually these limits are set the same as your liablity limits.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as damage from flooding, a tree branch falling on your vehicle, hitting a deer and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for expenses like X-ray expenses, funeral costs and pain medications. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

More effort can pay off

You just read a lot of information how to lower your 1992 Volkswagen Passat insurance rates. The key concept to understand is the more companies you get rates for, the more likely it is that you will get a better rate. Drivers may discover the lowest priced auto insurance comes from a small mutual company.

People who switch companies do it for many reasons like delays in responding to claim requests, denial of a claim, an unsatisfactory settlement offer or even policy non-renewal. Whatever your reason, switching auto insurance companies can be pretty painless.

As you prepare to switch companies, it’s a bad idea to sacrifice coverage to reduce premiums. There are many occasions where an insured cut liability coverage limits only to find out they didn’t have enough coverage. The aim is to purchase a proper amount of coverage at the best price while not skimping on critical coverages.

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