View 2014 Volkswagen Eos Insurance Rates

Searching for better insurance coverage rates for your Volkswagen Eos? Having to pay for overpriced Volkswagen Eos insurance can stress out your savings account and require stricter spending habits. Performing a rate comparison is a great way to tighten up your finances.

Many car insurance companies vie to insure your vehicles, and it can be difficult to compare rates to discover the definitive lowest rate

Reduce your insurance coverage rates with discounts

Some insurers do not advertise all their discounts in an easy-to-find place, so below is a list both the well known and the harder-to-find credits available to you.

  • Discount for Multiple Policies – If you combine your auto and home policies with one company you could earn a discount of up to 20% off your total premium.
  • Discount for Low Mileage – Low annual miles can qualify you for lower rates on the low mileage vehicles.
  • Driver Education Discount – It’s a good idea to have your young drivers participate in a local driver’s education class as it will make them better drivers and lower rates.
  • Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to wear their seat belts could cut 10% or more off the medical payments premium.
  • Include Life Insurance and Save – Not every insurance company offers life insurance, but if they do you may earn better premium rates if you take out some life insurance too.
  • College Student Discount – living away from home attending college and do not take a car to college may be insured at a cheaper rate.
  • Passive Restraints – Vehicles equipped with air bags may earn rate discounts as much as 30%.
  • Early Renewal Discounts – A few larger companies offer discounts for renewing your policy prior to your current policy expiration. It’s a savings of about 10%.
  • Waiver for an Accident – Not really a discount, but a handful of insurance companies will forgive one accident before raising your premiums with the catch being you have to be claim-free before the accident.
  • Anti-lock Brake Discount – Cars equipped with ABS or steering control can avoid accidents so companies give up to a 10% discount.

Keep in mind that some credits don’t apply to your bottom line cost. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Despite the appearance that all those discounts means the company will pay you, that’s just not realistic. But any discount will definitely reduce your overall bill.

Some of the insurance companies that have some of the above discounts possibly include:

Before purchasing a policy, check with every insurance company to apply every possible discount. Some discounts might not be available to policyholders in your area. To see companies that offer some of these discounts, click here to view.

Get lower-cost insurance costs by understanding these factors

Many different elements are considered when pricing auto insurance. Most are fairly basic such as your driving record, but other factors are more obscure like your vehicle usage or your vehicle rating.

The list below includes some of the major factors used by your company to calculate premiums.

  • Safety first – Cars with five star safety ratings tend to have lower insurance rates. Highly rated vehicles reduce occupant injuries and any reduction in injury severity means less money paid by your insurance company and cheaper rates on your policy.
  • Frequent insurance claims will cost you more – Auto insurance companies generally give the best rates to policyholders who do not file claims often. If you’re an insured who likes to file claims you can expect increased rates or even have your policy non-renewed. Your insurance policy is intended for claims that pose a financial burden.
  • Teen driver insurance prices – Older insureds are more responsible, cost insurance companies less in claims , and are generally more financially stable.Beginning drivers are proven to be careless and easily distracted in a vehicle therefore insurance rates are much higher.
  • Your address can affect price – Having an address in a small town may provide you with better prices when buying insurance. Less people living in that area means reduced accidents. Urban drivers have much more traffic and longer commutes to work. The longer drive time means higher likelihood of an accident.

You are unique and your insurance coverage should be too

When it comes to choosing the right insurance coverage, there isn’t really a one size fits all plan. Everyone’s needs are different so this has to be addressed. For instance, these questions may help highlight if you would benefit from an agent’s advice.

  • Am I covered if I crash into my own garage door?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Can I rate high risk drivers on liability-only vehicles?
  • Is my dog or cat covered if injured in an accident?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Can I afford to buy a different vehicle if my 2014 Volkswagen Eos is totaled?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance coverage in the media

Consumers get pounded daily by advertisements for insurance coverage savings by Progressive, Allstate and GEICO. All the companies make an identical promise of big savings if you move your policy.

How do they all cost less than your current company?

Insurance providers offer their best rates for the type of customer that will add to their bottom line. A good example of a desirable risk should be over the age of 40, has a clean driving record, and does not commute to work. Any driver that fits those parameters will get low premium rates and will save some money.

Insureds who fall outside the requirements may be forced to pay higher prices with the end result being the driver buying from a lower-cost company. The ad wording is “people that switch” not “everyone that quotes” save that much money. That’s the way companies can make claims like that. Because every company is different, you really should quote coverage with many companies. It is impossible to predict the company that will give you lower car insurance rates than your current company.

Auto insurance coverage breakdown

Learning about specific coverages of a auto insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be confusing and nobody wants to actually read their policy. Shown next are the normal coverages offered by auto insurance companies.

UM/UIM Coverage – This coverage gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Medical costs insurance – Medical payments and Personal Injury Protection insurance kick in for bills such as ambulance fees, rehabilitation expenses, EMT expenses, chiropractic care and pain medications. They are often used in conjunction with a health insurance program or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability auto insurance – This coverage can cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for things like pain and suffering, loss of income and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Collision coverage – Collision coverage covers damage to your Eos from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like driving through your garage door, sideswiping another vehicle and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.

Comprehensive or Other Than Collision – This pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims like hail damage, a broken windshield and theft. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

In any little way, save everyday

While you’re price shopping online, do not buy lower coverage limits just to save a few bucks. There are too many instances where drivers have reduced liability limits or collision coverage and learned later that the small savings ended up costing them much more. The aim is to buy the best coverage you can find at a price you can afford, but do not sacrifice coverage to save money.

Some insurance companies may not offer rates over the internet and usually these small insurance companies sell through independent insurance agents. Lower-priced insurance coverage is possible online as well as from independent agents, so you should compare both to have the best chance of lowering rates.

Additional insurance coverage information can be read at these links: