Find Affordable Volkswagen Touareg Insurance in Irvine

Are you doing reasearch to find more affordable Volkswagen Touareg insurance in Irvine? Did you make the mistake of buying an under-performing, overpriced car insurance policy? You’re preaching to the choir because there are lots of Irvine residents who feel the same.

It’s an obvious assumption that insurance companies don’t want you to look for a cheaper policy. Drivers who get price quotes annually are highly likely to switch car insurance companies because of the high probability of finding a lower-priced policy. A recent car insurance study revealed that drivers who faithfully checked for cheaper rates saved over $865 a year as compared to drivers who never shopped around for cheaper prices.

If finding the cheapest rates on insurance is the reason you’re here, then understanding the best way to shop and compare auto insurance can help make the process easier. You have so many insurance companies to purchase coverage from, and although it’s nice to have a selection, so many choices can make it hard to compare rates for Volkswagen Touareg insurance in Irvine.

Locating the best rates in Irvine is actually not that difficult if you follow our advice. If you’re already insured, you stand a good chance to be able to reduce premiums using the techniques presented in this article. Smart shoppers just have to learn the most efficient way to compare rates from multiple carriers.

Informed Decisions Result in Lower Insurance Prices

Lots of factors are taken into consideration when pricing auto insurance. Some of the criteria are obvious such as your driving record, although some other factors are not quite as obvious such as your marital status and annual miles driven. When buying car insurance it’s important to understand some of the elements that play a part in calculating your policy premiums. When you know what positively or negatively determines base rates, this allows you to make good choices that may result in big savings.

The following are a partial list of the pieces companies use to determine your prices.

• Rates for guys may be higher – Over time, data shows that men are more aggressive behind the wheel. However, this does not mean males are worse at driving than females. Both sexes tend to get into auto accidents in similar numbers, but the males tend to have more serious accidents. Men also statistically receive more major tickets such as DWI and reckless driving. Young males cause the most accidents and thus pay the highest rates.

  The chart below compares Volkswagen Touareg auto insurance rates for male and female drivers. The price estimates are based on no accidents or driving violations, comp and collision included, $500 deductibles, drivers are not married, and no discounts are factored in.

• More people means more accidents – Living in a rural area can save you money when insuring your vehicles. Fewer people translates into fewer accident claims and lower theft and vandalism rates. People in densely populated areas regularly have traffic congestion and higher rates of accident claims. Spending more time driving means a statistically higher chance of an accident.
• Insure your auto and home with one company – Many car insurance companies apply a discount to customers who buy several policies from them such as combining an auto and homeowners policy. Even if you qualify for this discount already, consumers should still shop around to ensure the best deal.

• Older drivers pay less – Drivers with little experience are known to be inattentive with other occupants in the car so they pay higher car insurance rates. Parents adding a inexperienced driver to your car insurance policy can increase premiums substantially. More mature drivers are more cautious drivers, tend to cause fewer accidents, and get fewer tickets.

  The chart below uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.

• No policy gaps is important – Driving any period of time without insurance is a big no-no and you will pay a penalty because you let your coverage lapse. In addition to paying higher rates, being ticketed for driving with no insurance will get you fines and jail time.
• Insurance companies don’t like frequent insurance claims – Companies in California generally give lower rates to people who are claim-free. If you’re an insured who likes to file claims you can definitely plan on either a policy non-renewal or much higher rates. Your insurance policy is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
• Low mileage costs less – Driving a lot of miles in a year the more it will cost to insure it. A lot of companies rate vehicles determined by how the vehicle is used. Cars and trucks that sit idle most of the time get more affordable rates compared to those used for work or business. Incorrect rating for your Touareg may be costing you higher rates. It’s a good idea to make sure your vehicle rating is showing the correct usage for each vehicle.

• Loss statistics for a Volkswagen Touareg – Insurance companies use statistical claims data to help determine the price you pay. Models that the statistics show to have a trend towards higher claim severity or frequency will have increased rates.

  The table below illustrates the actual insurance loss data for Volkswagen Touareg vehicles. For each type of coverage, the statistical loss for all vehicles, regardless of make or model, is represented as 100. Values that are below 100 imply a favorable loss record, while numbers above 100 point to more frequent losses or statistically larger claims.

  
  

  Car Insurance Loss Data for Volkswagen Touareg Models

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Volkswagen Touareg 4dr 4WD	131	115	133	56	65	87

  BETTER

  AVERAGE

  WORSE

  Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

The following companies provide quotes in California. In order to find cheap auto insurance in California, we suggest you compare several of them in order to get a fair rate comparison.

Coverage statistics and figures

The premium table shown below highlights estimates of insurance rates for Volkswagen Touareg models. Understanding more about how insurance rates are formulated can assist in making smart policy decisions.

Data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Rate quotes do not factor in vehicle garaging location which can alter coverage prices considerably.

Policy deductibles

When buying insurance, a common question is which comprehensive and collision deductibles to buy. The figures shown below summarize the differences in premium rates when you select higher and lower coverage deductibles. The first table uses a $250 comprehensive and collision deductible and the second price chart uses a $1,000 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Information does not factor in your specific Irvine location which can raise or lower premiums considerably.

We can estimate from the data above that using a $250 deductible will cost in the ballpark of $40 more each month or $480 for a full year than opting for the higher $1,000 deductible. Because you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go at a minimum 19 months between claims, you would save more money if you opt for a higher deductible. Here is a better example of how you can make your own decision.

An important thing to remember is that a higher deductible means you will have to pay more of your own money when you file a claim. That will require enough extra savings in the event you need to pay more to get your vehicle repaired.

The information below highlights how deductible selection and can increase or decrease Volkswagen Touareg premium costs for each age group. The rate quotes are based on a married female driver, comprehensive and collision coverage, and no additional discounts are factored in.

Volkswagen Touareg liability-only versus full coverage

The diagram below visualizes the comparison of Volkswagen Touareg yearly insurance costs with liability coverage only compared to full coverage. Data assumes no accidents, no driving violations, $250 deductibles, marital status is single, and no discounts are applied to the premium.

When to stop buying full coverage

There is no set rule of when to phase out comprehensive and collision coverage on your policy, but there is a broad guideline. If the yearly cost for physical damage coverage is more than about 10% of the vehicle’s replacement cost less your deductible, the it may be a good time to stop paying for full coverage.

For example, let’s assume your Volkswagen Touareg claim settlement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would receive is $4,000 after the deductible is paid. If you are paying more than $400 annually for comprehensive and collision coverage, then it may be the right time to buy liability only.

There are some circumstances where dropping full coverage is not advised. If you still have a loan on your vehicle, you have to carry full coverage to satisfy the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should keep full coverage on your policy.

Car insurance in California serves several purposes

Even though it’s not necessarily cheap to insure a Volkswagen in Irvine, paying for car insurance may not be optional for several reasons.

• Most states have compulsory liability insurance requirements which means you are required to buy a specific level of liability insurance coverage in order to license the vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If you have a loan on your Volkswagen, most lenders will stipulate that you have comprehensive coverage to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the lender will be forced to insure your Volkswagen at a much higher rate and force you to pay for the much more expensive policy.
• Insurance safeguards both your Volkswagen Touareg and your assets. It will also provide coverage for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability coverage also pays expenses related to your legal defense if anyone sues you for causing an accident. If you have damage to your Volkswagen as the result of the weather or an accident, your car insurance policy will cover the repair costs.

The benefits of carrying enough insurance greatly outweigh the cost, particularly for liability claims. Despite what companies tell you, the average driver is currently overpaying as much as $820 a year so compare rates each time the policy renews to make sure the price is not too high.

Affordable Irvine car insurance quotes with discounts

Some insurance providers do not advertise every discount they offer in an easy-to-find place, so below is a list some of the more common and also the more inconspicuous discounts you could be receiving when you buy Irvine auto insurance online.

• Discount for Life Insurance – Select car insurance companies reward you with lower prices if you buy life insurance.
• Driver Education Discount – Require your teen driver to take driver’s ed class in school.
• Accident-Free Discounts – Irvine drivers who stay claim-free have much lower rates in comparison to insureds who have frequent claims or accidents.
• Telematics Data – Irvine drivers who agree to allow data collection to look at their driving habits by installing a telematics device like Allstate’s Drivewise might see lower rates if their driving habits are good.
• Use Seat Belts – Requiring all passengers to fasten their seat belts can save up to 10 percent (depending on the company) off PIP or medical payments premium.
• Paperless Signup – Some of the larger companies provide a small discount just for signing your application on your computer.
• Early Renewal Discounts – Some insurance companies provide a discount for buying a new policy prior to your current Touareg insurance policy expiring. You could save around 10% when you buy Irvine auto insurance online.

A little disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Most only apply to individual premiums such as comprehensive or collision. So despite the fact that it appears you could get a free car insurance policy, company stockholders wouldn’t be very happy.

The information below illustrates the comparison of Volkswagen Touareg insurance prices with and without discounts applied to the policy premium. The rates are based on a male driver, no tickets, no at-fault accidents, California state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-policy, marriage, safe-driver, and multi-car discounts applied.

Popular car insurance companies and the discounts they provide are detailed below.

• American Family has savings for accident-free, good student, TimeAway discount, mySafetyValet, and air bags.
• Nationwide includes discounts for multi-policy, anti-theft, accident-free, Farm Bureau membership, defensive driving, and easy pay.
• MetLife policyholders can earn discounts including multi-policy, accident-free, defensive driver, claim-free, good student, and good driver.
• 21st Century may include discounts for driver training, early bird, 55 and older, automatic seat belts, homeowners, air bags, and anti-lock brakes.
• Farmers Insurance may have discounts that include distant student, good student, switch companies, multi-car, teen driver, homeowner, and youthful driver.
• Allstate has discounts for senior citizen, safe driver, defensive driver, 55 and retired, and teenSMART discount.

If you are trying to find inexpensive Irvine auto insurance quotes, ask each company how many discounts you can get. Depending on the company, some discounts may not be available in Irvine. To find companies that offer the discounts shown above in California, click here to view.

Car insurance agents can help

Some consumers just prefer to sit down with an agent and doing so can bring peace of mind Professional insurance agents can answer important questions and help submit paperwork. The biggest benefit of getting free rate quotes online is the fact that drivers can get cheap rate quotes and still have an agent to talk to.

For easy comparison, once you complete this simple form, your insurance data gets sent to companies in Irvine that give free quotes for your coverage. It simplifies rate comparisons since you won’t have to contact any insurance agencies due to the fact that quote results will go directly to your email. If you want to get a rate quote from a particular provider, you just need to navigate to their website and fill out their quote form.

Picking the best provider should depend on more than just the bottom line cost. These questions are important to ask:

• Can you get a list of referrals?
• Will a damage claim use OEM or aftermarket replacement parts?
• Do they offer rental car reimbursement?
• How experienced are they in personal risk management?
• Does the quote include credit and driving reports?

If you are wanting to find a local agent, there are a couple of types of insurance agents that differ in how they can insure your vehicles. Auto insurance agents in Irvine are categorized either independent or exclusive depending on the company they work for. Either one can insure your vehicles properly, but it’s a good idea to understand the difference between them since it may influence which agent you choose.

Exclusive Insurance Agencies

These type of agents are contracted to one company like Allstate, Farmers Insurance or State Farm. Exclusive agencies are unable to shop your coverage around so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are well trained on what they offer which helps them sell on service rather than price.

Listed below are Irvine exclusive insurance agencies that are able to give comparison quotes.

More insurance agents

Independent Auto Insurance Agents

Independent agents can sell policies from many different companies so they have the ability to put coverage amongst many companies and find you the best rates. If you want to switch companies, the agent simply finds a different carrier which makes it simple for you. When shopping rates, you should always include price quotes from a couple of independent agencies to get the most accurate price comparison.

Listed below are Irvine independent insurance agencies that are able to give rate quotes.

More insurance agents

In conclusion

Affordable Volkswagen Touareg insurance in Irvine is attainable both online as well as from insurance agents, so you need to shop Irvine auto insurance with both to have the best selection. Some insurance companies may not provide online price quotes and usually these small insurance companies only sell through independent agents.

When you buy Irvine auto insurance online, do not reduce needed coverages to save money. In many cases, an insured dropped uninsured motorist or liability limits and discovered at claim time that the small savings ended up costing them much more. Your focus should be to find the BEST coverage at the best price.

We just presented a lot of ways to lower your Volkswagen Touareg insurance car insurance rates in Irvine. The most important thing to understand is the more rate quotes you have, the better chance you’ll have of finding the cheapest Volkswagen Touareg rate quotes. You may even find the lowest priced insurance comes from a small mutual company. Regional companies may cover specific market segments cheaper than the large multi-state companies such as State Farm, GEICO and Nationwide.

How to find cheaper rates for Volkswagen Touareg insurance in Irvine

The best way we recommend to get low-cost Volkswagen Touareg insurance in Irvine is to make a habit of regularly comparing prices from companies who sell auto insurance in California.

Step 1: Gain an understanding of how auto insurance works and the modifications you can make to prevent rate increases. Many factors that drive up the price such as multiple speeding tickets and poor credit can be amended by improving your driving habits or financial responsibility.

Step 2: Compare rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give prices from one company like Progressive and State Farm, while independent agents can provide rate quotes from multiple insurance companies. Start a quote

Step 3: Compare the quotes to your current policy premium to see if a cheaper price is available in Irvine. If you find better rates, make sure there is no lapse between the expiration of your current policy and the new one.

Step 4: Give notification to your agent or company to cancel the current policy. Submit the application along with any required down payment to the new company. Once received, keep the new proof of insurance paperwork in an easily accessible location.

A good tip to remember is to use the same physical damage deductibles and liability limits on each quote request and and to get price quotes from as many companies as possible. This guarantees a level playing field and a complete selection of prices.

To learn more, link through to the articles below:

• Vehicle Size and Weight FAQ (iihs.org)
• Who Has the Cheapest Car Insurance Rates for Seniors in Irvine? (FAQ)
• Who Has Cheap Auto Insurance for Good Drivers in Irvine? (FAQ)
• How Much are Auto Insurance Quotes for Drivers Requiring a SR22 in Irvine? (FAQ)
• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
• Senior Drivers (Insurance Information Institute)
• Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
• Rearview cameras reduce backing crashes (Insurance Institute for Highway Safety)