Compare Volkswagen Tiguan Insurance Quotes in Laredo

It’s safe to assume that auto insurance companies don’t want you comparing rates. Consumers who get price quotes annually are inclined to switch car insurance companies because they have a good chance of finding discount prices. A recent car insurance study discovered that consumers who shopped around saved $70 a month as compared to drivers who never compared prices.

If finding the cheapest rates on auto insurance is your target objective, then knowing how to get rate quotes and compare auto insurance can make it easier for you to save money.

If saving money is your primary concern, then the best way to get more affordable Volkswagen Tiguan insurance is to compare quotes annually from insurers in Laredo. Drivers can shop around by completing these steps.

First, try to learn a little about what is in your policy and the measures you can take to prevent expensive coverage. Many policy risk factors that cause rate increases such as inattentive driving and a low credit rating can be eliminated by making small lifestyle or driving habit changes.

Second, compare price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only give prices from one company like Progressive or Allstate, while independent agents can quote prices for a wide range of companies.

Third, compare the price quotes to your existing policy to determine if switching companies saves money. If you find better rates and change companies, ensure coverage does not lapse between policies.

A good piece of advice is to make sure you enter the same coverage limits and deductibles on every quote and and to look at as many auto insurance providers as possible. Doing this enables a level playing field and plenty of rates choose from.

How You Can Control Volkswagen Tiguan Insurance Prices

Multiple criteria are taken into consideration when you get your auto insurance bill. A few of the factors are predictable such as your driving record, although others are not as apparent like your vehicle usage and annual miles driven.

The following are most of the major factors used by companies to determine prices.

• Higher comp and collision deductibles are cheaper – Comprehensive and collision coverage deductibles represent how much money you are willing to pay if the claim is covered. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. A few examples of covered claims could be collision with another vehicle, damage caused by hail, and having a roll-over accident. The more expense you have to pay, the bigger discount you will receive.
• Don’t cancel your coverage without a new one in place – Letting your insurance expire will be a fast way to increase your auto insurance rates. Not only will rates go up, failure to provide proof of insurance will get you a license revocation or jail time. You may then have to file a SR-22 with the Texas motor vehicle department to get your license reinstated.
• Married people drive safer – Having a spouse may cut your premiums compared to being single. Having a spouse is viewed as being more mature than a single person and statistics show married drivers get in fewer accidents.
• When should you not file claims? – If you frequently file small claims, don’t be surprised to see either a policy non-renewal or much higher rates. Companies in Texas provide most affordable rates to insureds who are claim-free. Insurance coverage is meant to be used in the event of claims that you cannot pay yourself.
• Urban residents pay more – Living in small towns and rural areas can save you money when trying to find low car insurance rates. Less people means fewer accidents. People who live in big cities tend to have more road rage incidents and a longer drive to work. Higher commute times means more chances of being involved in an auto accident.

• Men tend to take more risk – Statistics have proven that females take fewer risks when driving. The data does not necessarily mean that men are worse drivers. Males and females are responsible for auto accidents in similar numbers, but men cause more damage. Men also tend to have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly. Male drivers age 16 to 19 are several times more likely to be in an accident and therefore pay the highest rates.

  The example below illustrates the comparison of Volkswagen Tiguan car insurance costs for male and female drivers. The premiums are based on no claims or driving violations, comprehensive and collision coverage, $100 deductibles, drivers are not married, and no other discounts are factored in.

• Volkswagen Tiguan statistical loss data – Auto insurance companies take into consideration insurance loss statistics for every vehicle when setting rates for each model. Models that historically have a trend towards higher claim severity or frequency will have higher premium rates. The data below shows the loss history for Volkswagen Tiguan vehicles.

  For each insurance policy coverage type, the statistical loss for all vehicles, regardless of manufacturer or model, is equal to 100. Numbers that are below 100 imply a favorable loss record, while values over 100 indicate more frequent claims or tendency to have larger claims.

  
  

  Insurance Loss Ratings for Volkswagen Tiguan Vehicles

  Specific Volkswagen Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Volkswagen Tiguan 4dr 2WD	84	98	67	75	91	89
  Volkswagen Tiguan 4dr 4WD	93	101	85	82	80	90

  BETTER

  AVERAGE

  WORSE

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

Detailed insurance information

The premium table displayed below outlines a range of coverage costs for Volkswagen Tiguan models. Learning as much as possible about how rate quotes are calculated can be of help when making smart choices when selecting a policy.

Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Prices do not factor in specific garaging location which can alter premiums substantially.

An analysis of deductible level

When buying insurance, a common question is which deductibles should you choose. The comparison tables below may help you to understand the differences in price when you select higher and lower comp and collision deductibles. The first price estimate table uses a $250 deductible and the second price table uses a $500 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Price information does not factor in vehicle location which can influence premiums considerably.

We can estimate from the data above that using a $250 deductible costs approximately $15 more each month or $180 a year averaged for all Tiguan models than opting for the higher $500 deductible. Because you would be required to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you tend to go at a minimum 17 months between claims, you would probably come out ahead if you elect the higher deductible.

Comparison of full coverage and liability-only policies

The illustration below illustrates the comparison of Volkswagen Tiguan insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Texas. The data is based on no claims, a clean driving record, $250 deductibles, drivers are single, and no additional discounts are factored in.

Guidelines for eliminating full coverage

There is no written rule for phasing out full coverage, but there is a broad guideline. If the yearly cost of comp and collision coverage is about 10% or more of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.

For example, let’s say your Volkswagen Tiguan book value is $8,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $7,000 after the deductible is paid. If premiums are more than $700 annually for full coverage, then it may be the right time to buy liability only.

There are a few cases where only buying liability is not in your best interest. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should not eliminate full coverage.

Car insurance discounts are available to lower rates

Insurance can cost an arm and a leg, but you may qualify for discounts to help bring down the price. Larger premium reductions will be automatically applied when you complete an application, but a few must be specifically requested in order for you to get them.

• Discount for Passive Restraints – Factory air bags or automatic seat belts may get savings of more than 20%.
• Multi-line Discount – Some insurance companies give a discounted car insurance rate on car insurance if you buy a life insurance policy as well.
• Active Service Discounts – Being on active duty in the military could be rewarded with lower prices.
• Multiple Policy Discount – When you combine your homeowners and auto insurance with the same insurance company you could get a discount of up to 20% and get you low cost Volkswagen Tiguan insurance.
• Use Seat Belts – Requiring all passengers to use their safety belts can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
• Student Discount for Driver Training – Cut your cost by having your teen driver successfully take a driver’s education course in school.
• Theft Prevention Discount – Cars that have factory anti-theft systems help deter theft and earn discounts up to 10% off your Laredo auto insurance quote.

Don’t be surprised that most discount credits are not given to the entire policy premium. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Despite the fact that it seems like you can get free auto insurance, companies don’t profit that way.

The chart below shows the difference between Volkswagen Tiguan insurance prices with and without some available policy discounts. The rate quotes are based on a male driver, no violations or claims, Texas state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, claim-free, safe-driver, multi-policy, and marriage discounts applied.

Popular car insurance companies and a partial list of their discounts include:

• American Family discounts include Steer into Savings, TimeAway discount, good student, good driver, defensive driver, bundled insurance, and early bird.
• State Farm may include discounts for defensive driving training, Drive Safe & Save, student away at school, good student, passive restraint, and driver’s education.
• 21st Century may offer discounts for theft prevention, 55 and older, good student, homeowners, teen driver, and early bird.
• Travelers may have discounts that include early quote, multi-policy, multi-car, save driver, hybrid/electric vehicle, driver training, and continuous insurance.
• GEICO offers discounts for emergency military deployment, multi-vehicle, driver training, anti-lock brakes, seat belt use, federal employee, and good student.

Before buying, ask every prospective company which discounts can lower your rates. Some discounts may not apply to policies in every state. If you would like to choose from a list of insurance companies with discount car insurance rates in Texas, click here to view.

Don’t give up on cheaper rates

When searching for affordable Volkswagen Tiguan insurance quotes, never sacrifice coverage to reduce premiums. There have been many cases where someone dropped comprehensive coverage or liability limits only to discover later that they should have had better coverage. The goal is to buy the best coverage you can find at the best price but still have enough coverage for asset protection.

You just read some good ideas how you can compare Volkswagen Tiguan insurance premium rates in Laredo. The key concept to understand is the more companies you get prices for, the better likelihood of getting cheaper Laredo auto insurance quotes. You may even find the best price on auto insurance is with the least-expected company. Smaller companies can often provide lower prices in certain areas as compared to the big name companies such as Allstate or State Farm.

For more information, feel free to visit the resources below:

• Five Tips to Save on Auto Insurance (Insurance Information Institute)
• How Much is Car Insurance for a Subaru Outback in Laredo? (FAQ)
• Who Has Affordable Auto Insurance Rates for Uninsured Drivers in Laredo? (FAQ)
• How Much is Auto Insurance for 16 Year Olds in Laredo? (FAQ)
• Who Has the Cheapest Auto Insurance for a Learners Permit in Laredo? (FAQ)
• How Much are Laredo Car Insurance Quotes for Drivers Requiring a SR22? (FAQ)
• Who Has Cheap Car Insurance for a Nissan Altima in Laredo? (FAQ)
• How Much is Auto Insurance for Teenage Males in Laredo? (FAQ)
• Who Has the Cheapest Laredo Auto Insurance for Hybrid Vehicles? (FAQ)
• Tread Depth and Tire Safety (State Farm)
• Event Data Recorders FAQ (iihs.org)
• Auto Insurance Learning Center (State Farm)
• Prepare your Teens for Safe Driving (InsureUonline.org)