Save Money on Volkswagen Eos Insurance in Irvine

It takes a few minutes, but the best way to find discount Volkswagen Eos insurance is to compare prices at least once a year from insurers who provide car insurance in Irvine. Prices can be compared by completing these steps.

1. Spend some time learning about what coverages are included in your policy and the things you can change to drop your rates. Many factors that are responsible for high rates like accidents, careless driving, and a less-than-favorable credit score can be rectified by making minor changes in your lifestyle. Later in this article we will cover information to get lower rates and get bigger discounts.
2. Quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only quote rates from one company like GEICO or State Farm, while independent agents can provide price quotes for many different companies.
3. Compare the price quotes to the premium of your current policy and determine if cheaper Eos coverage is available in Irvine. If you find a lower rate quote and decide to switch, ensure there is no coverage lapse between policies.

One thing to point out is to make sure you enter the same level of coverage on every quote and and to compare as many auto insurance providers as possible. This ensures a fair price comparison and a complete selection of prices.

A study showed that the vast majority of consumers kept their coverage with the same auto insurance company for well over three years, and approximately 40% of consumers have never even shopped around for lower-cost coverage. California drivers could save as much as 35% each year by just comparing quotes, but they don’t believe the benefits if they changed companies.

This article will tell you how to get online quotes and how to save the most money. If you have a current car insurance policy, you will most likely be able to find the best rates using these methods. Consumers just need to understand the proper way to compare different rates from many companies at once.

Free Irvine Volkswagen Eos insurance quotes

The companies shown below can provide free quotes in California. To find the best auto insurance in CA, we recommend you visit as many as you can to get the best price comparison.

Why car insurance is not optional

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

• Most states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific minimum amounts of liability in order to be legal. 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 lien on your vehicle, it’s most likely the lender will force you to buy full coverage to guarantee loan repayment. If you do not keep the policy in force, the bank may insure your Volkswagen for a lot more money and force you to pay the higher price.
• Car insurance preserves both your Volkswagen and your personal assets. Insurance will pay for all forms of medical expenses incurred in an accident. As part of your policy, liability insurance also covers legal expenses if someone files suit against you as the result of an accident. If mother nature or an accident damages your car, your car insurance policy will pay to repair the damage minus the deductible amount.

The benefits of insuring your car more than offset the price you pay, especially when you need to use it. Today the average American driver is currently overpaying as much as $700 annually so it’s very important to do a rate comparison once a year at a minimum to be sure current rates are still competitive.

Insurance analysis for a Volkswagen Eos

The rate information shown below highlights estimates of coverage costs for Volkswagen Eos models. Learning more about how prices are figured is important for making smart buying decisions.

Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Rates do not factor in your specific Irvine location which can decrease or increase coverage rates significantly.

Raise deductibles and save

When comparing insurance rates, the most common question is how high or low should comp and collision deductibles be. The rates below highlight the differences in premium rates when you select higher and lower physical damage coverage deductibles. The first data set uses a $250 physical damage coverage deductible and the second price grid uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Prices do not factor in specific garaging location which can raise or lower auto insurance rates substantially.

We can estimate from the data above that using a $250 deductible costs approximately $36 more each month or $432 for a full year averaged for all Eos models than selecting the higher $1,000 deductible. Since you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you go at least 21 months between claim filings, you would more than likely save some money by going with a higher deductible.

Full coverage rates vs. liability-only in Irvine

The diagram below shows the comparison of Volkswagen Eos insurance premiums with full coverage and liability only. The premiums assume no accidents, no driving violations, $250 deductibles, marital status is single, and no other discounts are factored in.

Should you be buying full coverage?

There is no definitive guideline for excluding full coverage on your policy, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your Volkswagen Eos claim settlement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, you would only receive $8,000 after paying your policy deductible. If premium cost is more than $800 annually for your policy with full coverage, then it’s probably a good time to buy liability coverage only.

There are some cases where dropping physical damage coverage is not a good plan. If you still have a lienholder on your title, you must maintain physical damage coverage to protect the lienholder’s interest in the vehicle. Also, if you can’t afford to buy a different vehicle if your current one is in an accident, you should maintain full coverage.

Take advantage of these discounts

Some companies don’t always publicize the entire discount list very well, so the next list breaks down both the well known and also the lesser-known discounts you could be receiving when you buy Irvine auto insurance online. If you’re not getting every credit you qualify for, you could be saving more on your car insurance.

• Discount for Multiple Policies – If you have multiple policies with one insurance company they may give you a discount of approximately 10% to 15%.
• Active Military Service – Being on active duty in the military could mean lower car insurance rates.
• Anti-lock Brakes – Cars with anti-lock braking systems are much safer to drive so companies give up to a 10% discount.
• Discount for Passive Restraints – Vehicles with factory air bags or automatic seat belts may qualify for discounts as much as 30%.
• Irvine Homeowners Pay Less – Just being a homeowner can save a few bucks due to the fact that maintaining a home demonstrates responsibility.
• Theft Deterrent System – Cars equipped with tracking devices and advanced anti-theft systems are stolen less frequently and will qualify for a discount on a Irvine auto insurance quote.
• Discount for New Cars – Insuring a vehicle that is new can be considerably cheaper because newer vehicles are generally safer.
• Good Student Discount – Getting good grades can earn a discount of 20% or more. The good student discount can last until age 25.
• Organization Discounts – Participating in specific professional or occupational memberships or organizations could qualify you for a break when getting a Irvine auto insurance quote.

It’s important to note that many deductions do not apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. So even though it sounds like all the discounts add up to a free policy, you’re out of luck. Any qualifying discounts will positively reduce your policy premiums.

The chart below illustrates the difference between Volkswagen Eos insurance prices with and without discounts. The premium estimates are based on a male driver, no claims or driving citations, California state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, multi-policy, marriage, homeowner, and multi-car discounts applied.

A few of the larger companies and a partial list of their discounts are:

• 21st Century policyholders can earn discounts including homeowners, 55 and older, theft prevention, air bags, and teen driver.
• State Farm offers premium reductions for driver’s education, defensive driving training, Drive Safe & Save, student away at school, safe vehicle, good student, and anti-theft.
• AAA includes discounts for multi-car, good student, AAA membership discount, pay-in-full, and multi-policy.
• Liberty Mutual discounts include newly retired, preferred payment discount, new graduate, multi-car, new vehicle discount, safety features, and exclusive group savings.
• Progressive has discounts for good student, continuous coverage, multi-policy, online signing, and online quote discount.

Check with each company which discounts can lower your rates. Discounts may not be offered in Irvine. To locate companies that offer some of these discounts in Irvine, click here.

Insurance can be complex

When selecting adequate coverage for your personal vehicles, there really is no best way to insure your cars. Everyone’s situation is a little different.

Here are some questions about coverages that might help in determining if your situation would benefit from an agent’s advice.

• What if an uninsured driver hits me?
• Is a driver training discount available?
• Why do I need rental car insurance?
• What is glass protection for?
• Who does medical payments coverage extend to?
• Do I have any recourse if my insurance company denies a claim?
• Is my cargo covered for damage or theft?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you don’t have a local agent, complete this form. It only takes a few minutes and can provide invaluable advice.