Statistics show that the vast majority of consumers have remained with the same car insurance company for over three years, and nearly half have never compared rates with other companies. American drivers can save hundreds of dollars each year by just comparing rate quotes, but most undervalue how much they could save if they switched.
If saving the most money is your goal, then the best way to find lower priced auto insurance rates in Orlando is to make a habit of comparing prices annually from insurers that insure vehicles in Florida. Rates can be compared by following these guidelines.
First, get an understanding of how car insurance works and the measures you can control to keep rates down. Many policy risk factors that increase rates such as accidents, traffic tickets, and poor credit history can be rectified by making lifestyle changes or driving safer.
Second, compare price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can give quotes from a single company like Progressive and State Farm, while independent agencies can give you price quotes from multiple insurance companies. Compare rates
Third, compare the new rate quotes to your current policy to see if switching to a new carrier will save money. If you find a lower rate quote, make sure the effective date of the new policy is the same as the expiration date of the old one.
Fourth, provide adequate notice to your current company to cancel your existing policy. Submit a signed application and payment to the new company. Don’t forget to place your new certificate verifying coverage with the vehicle registration.
The critical component of shopping around is to make sure you enter the same physical damage deductibles and liability limits on every quote and to quote with as many different insurance providers as possible. Doing this helps ensure an accurate price comparison and the best price selection.
Locating the best rates in Orlando is easy if you know what you’re doing. If you currently have auto insurance, you will surely be able to find the best rates using the techniques covered below. You just have to know the most effective way to get comparison rates online from multiple companies.
The companies shown below can provide price quotes in Florida. To get the best cheap car insurance in Orlando, FL, we recommend you visit several of them in order to get a fair rate comparison.
You may qualify for discounts for Volkswagen Touareg insurance in Orlando
The price of auto insurance can be rather high, but there may be some discounts that many consumers don’t even know exist. Most are applied when you quote, but lesser-known reductions have to be inquired about before they will apply.
- Good Grades Discount – Being a good student can get you a discount of up to 25%. The discount lasts well after school through age 25.
- College Student Discount – Children living away from Orlando attending college and won’t have access to an insured vehicle may be able to be covered for less.
- Low Miles Discount – Maintaining low annual mileage can earn lower rates on the low mileage vehicles.
- Federal Government Employee – Simply working for the federal government could provide a small rate reduction with select insurance companies.
- Active Military Service – Being on active deployment in the military may qualify for rate reductions.
- One Accident Forgiven – This isn’t a discount exactly, but a few companies such as Liberty Mutual, Allstate and State Farm allow you one accident before raising your premiums if you are claim-free for a certain period of time.
- Early Renewal Discounts – Some companies reward drivers for switching companies before your current Touareg insurance policy expires. You may see this discount when you get Orlando auto insurance quotes online.
Discounts reduce rates, but you should keep in mind that many deductions do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like it’s possible to get free car insurance, you won’t be that lucky.
The diagram below illustrates the difference between Volkswagen Touareg yearly insurance costs with and without discounts applied. The rates are based on a male driver, no driving violations, no at-fault accidents, Florida state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, marriage, multi-car, safe-driver, and homeowner discounts applied.
Popular car insurance companies and a partial list of their discounts are outlined below.
- State Farm may include discounts for driver’s education, multiple policy, anti-theft, Steer Clear safe driver discount, multiple autos, defensive driving training, and passive restraint.
- American Family may offer discounts for multi-vehicle, defensive driver, Steer into Savings, good driver, and TimeAway discount.
- AAA may have discounts that include anti-theft, AAA membership discount, multi-car, education and occupation, good driver, and pay-in-full.
- GEICO includes discounts for multi-policy, anti-lock brakes, seat belt use, defensive driver, anti-theft, and emergency military deployment.
- Mercury Insurance policyholders can earn discounts including age of vehicle, good student, accident-free, professional/association, annual mileage, type of vehicle, and low natural disaster claims.
- Farmers Insurance has discounts for electronic funds transfer, teen driver, multi-car, alternative fuel, business and professional, and homeowner.
- Progressive offers discounts for continuous coverage, good student, online quote discount, online signing, homeowner, and multi-vehicle.
If you want inexpensive Orlando auto insurance quotes, ask each company which discounts they offer. Some discounts listed above might not be offered on policies everywhere. To see car insurance companies that offer discounts in Orlando, click here.
Insurance coverage details
The table shown below outlines different coverage prices for Volkswagen Touareg models. Being aware of how policy rates are determined helps drivers make informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Touareg 3 Turbo Diesel AWD 4-Dr | $286 | $464 | $546 | $32 | $164 | $1,492 | $124 |
| Touareg 3.6 AWD 4-Dr | $286 | $464 | $546 | $32 | $164 | $1,492 | $124 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Information does not factor in your specific Orlando location which can revise rates greatly.
Policy deductible comparison
One common question asked by Orlando drivers is which comprehensive and collision deductibles to buy. The rates shown below can help you visualize the differences in premium rates when you choose different comp and collision deductibles. The first price estimate table uses a $100 deductible and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Touareg 3 Turbo Diesel AWD 4-Dr | $452 | $880 | $418 | $24 | $124 | $1,923 | $160 |
| Touareg 3.6 AWD 4-Dr | $452 | $880 | $418 | $24 | $124 | $1,923 | $160 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Touareg 3 Turbo Diesel AWD 4-Dr | $250 | $464 | $418 | $24 | $124 | $1,280 | $107 |
| Touareg 3.6 AWD 4-Dr | $250 | $464 | $418 | $24 | $124 | $1,280 | $107 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Rate information does not factor in Orlando location which can alter price quotes considerably.
We can estimate from the data above that using a $100 deductible could cost the average driver approximately $53 more each month or $636 every year than buying the higher $1,000 deductible. Since you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you go at least 17 months between claim filings, you would most likely save money by selecting a higher deductible.
How to determine if higher deductibles are a good idea
| Average monthly premium for $100 deductibles: | $160 |
| Average monthly premium for $1,000 deductibles (subtract): | – $107 |
| Monthly savings from raising deductible: | $53 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $53 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
Safe drivers pay cheaper rates
The example below demonstrates how speeding tickets and accidents can drive up Volkswagen Touareg auto insurance rates for different age groups. The premiums are based on a married male driver, full physical damage coverage, $100 deductibles, and no discounts are applied.
Should you buy full coverage?
The example below shows the difference between Volkswagen Touareg car insurance costs with liability coverage only compared to full coverage. The prices are based on no violations or claims, $500 deductibles, drivers are single, and no additional discounts are factored in.
When to stop buying full coverage
There isn’t a steadfast formula to exclude physical damage insurance, but there is a broad guideline. If the annual cost of having full coverage is 10% or more of the settlement you would receive from your company, then it may be the right time to buy liability only.
For example, let’s say your Volkswagen Touareg replacement cost is $5,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $4,000 after the policy deductible has been paid. If you are paying in excess of $400 annually to have full coverage, then it may be the right time to buy liability only.
There are some cases where dropping full coverage is not in your best interest. If you still have a loan on your vehicle, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should keep full coverage in place.
What Determines Volkswagen Touareg Insurance Premiums?
Lots of factors are used when quoting car insurance. Most are fairly basic such as traffic violations, although some other factors are more obscure like where you live or your commute time. The best way to find cheaper auto insurance is to take a look at the different types of things that go into determining your policy premiums. When consumers understand what positively or negatively impacts your premiums, this allows you to make educated decisions that can help you get cheaper rates.
- Liability limits on your policy – A critical coverage on your policy, liability insurance will provide protection if ever a jury decides you are liable for damages caused by your negligence. Liability provides legal defense which can cost thousands of dollars. Liability is cheap compared to other policy coverages, so insureds should have plenty of protection for their assets.
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More performance means more cost – The performance level of the car you are insuring makes a huge difference in your rates. Lower performance four cylinder passenger cars usually are quite affordable to insure, but many other things help determine your insurance rates.
The data below uses these assumptions: single female driver age 30, full coverage with $1000 deductibles, and no discounts or violations. It compares Volkswagen Touareg policy rates compared to other models that have different risk factors.
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Youthful driver insurance premiums – Older drivers have been proven to be more responsible, file fewer claims, and are generally more financially stable. Young drivers have a tendency to be more careless when driving with friends therefore auto insurance rates are much higher.
The chart below uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.
- Deter theft and pay less – Choosing a vehicle with anti-theft technology or alarm system can save you a little every year. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers help track and prevent auto theft and help lower rates.
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Claims statistics for a Volkswagen Touareg – Insurance companies analyze historical claim data to help set a rate to offset losses. Vehicles that historically have higher loss trends will cost more for specific coverages.
The table below shows the insurance loss data used by companies for Volkswagen Touareg vehicles. For each policy coverage, the claim amount for all vehicles averaged together equals 100. Numbers under 100 suggest a positive loss record, while numbers that are greater than 100 point to more frequent losses or a tendency for claims to be larger.
Volkswagen Touareg Insurance Claim Statistics Specific Volkswagen Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Volkswagen Touareg 4dr 4WD 131 115 133 56 65 87 BETTERAVERAGEWORSEStatistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Comparing quotes from local Orlando auto insurance agents
Some consumers would rather go talk to an agent. Professional agents will help you protect your assets and help you file claims. A good thing about comparing insurance prices online is the fact that you can find cheap rate quotes and still buy from a local agent.
To find an agent, once you fill out this quick form, your insurance data is submitted to companies in Orlando that give free quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to visit any agencies since price quotes are sent to your email. If you need to quote rates from a specific auto insurance provider, you would need to find their quoting web page and fill out the quote form the provide.
Selecting an provider shouldn’t rely on just the bottom line cost. Before buying a policy in Orlando, get answers to these questions.
- What insurance company do they write the most business with?
- If you have an accident, will your rates go up?
- Does the quote include credit and driving reports?
- Will the agent help in case of a claim?
- Is there a local claims center in Orlando?
- Is the agent and/or agency licensed to do business in Florida?
- Are they in the agency full-time?
- Are all drivers listed on the coverage quote?
When narrowing the list to find a reliable insurance agency, you should know the types of insurance agents to choose from. Agencies in Orlando are either independent agents or exclusive agents depending on their employer. Both sell affordable auto insurance policies, but it’s important to point out why they differ because it may have an impact on the type of agent you choose.
Exclusive Auto Insurance Agents
Exclusive agents can only place business with one company such as AAA, Allstate, and State Farm. Exclusive agents are unable to place coverage with different providers so they have to upsell other benefits. Exclusive agents are well trained on their products and sales techniques and that allows them to sell at a higher price point. Consumers frequently purchase coverage from exclusives mostly because of high brand loyalty rather than low price.
Listed below are exclusive agencies in Orlando willing to provide price quote information.
- Allstate Insurance: Luis T. Martell
7800 W Sand Lake Rd #201 – Orlando, FL 32819 – (407) 522-9293 – View Map - Bruce Baltich – State Farm Insurance Agent
198 S Semoran Blvd – Orlando, FL 32807 – (407) 273-9170 – View Map - Bill Bryan – State Farm Insurance Agent
5470 Central Florida Pkwy – Orlando, FL 32821 – (407) 239-4777 – View Map
Independent Agents
Agents that choose to be independent often have many company appointments and that is an advantage because they can write policies through many different auto insurance companies and get you the best rates possible. If they find a lower price, your agent can switch companies and you don’t have to do anything. If you are comparing rate quotes, we recommend you include several independent insurance agents to get the most accurate price comparison. They also have the ability to place coverage with smaller mutual companies that may have much lower rates than larger companies.
The following are Orlando independent insurance agents who can help you get comparison quotes.
- JCJ Insurance Agency LLC
2208 Hillcrest St – Orlando, FL 32803 – (321) 445-1117 – View Map - HealthMarkets Insurance Agency
5728 Major Blvd #705 – Orlando, FL 32819 – (407) 440-8665 – View Map - All Insurance Able
2319 S Goldenrod Rd – Orlando, FL 32822 – (407) 243-9700 – View Map
It’s not one size fits all
When quoting and comparing insurance from an agent or online for your vehicles, there really is no one size fits all plan. Every situation is different.
For instance, these questions might help in determining if you might need professional guidance.
- Do I have coverage when using my vehicle for my home business?
- Should I buy only the required Florida minimum liability coverage?
- Does coverage extend to Mexico or Canada?
- Is water damage covered by my policy?
- Do I need special endorsements for business use of my vehicle?
- Can my babysitter drive my car?
- Why do I only qualify for high-risk insurance?
- How can I get high-risk coverage after a DUI?
If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form. It only takes a few minutes and can provide invaluable advice.
Quote more to save more
Insureds change insurance companies for any number of reasons including an unsatisfactory settlement offer, delays in paying claims, being labeled a high risk driver or even lack of trust in their agent. No matter why you want to switch, finding the right auto insurance provider is pretty easy and you might even save some money in the process.
When getting Orlando auto insurance quotes online, make sure you don’t buy poor coverage just to save money. In many instances, consumers will sacrifice full coverage to discover at claim time that it was a big mistake. Your aim should be to get the best coverage possible at the lowest possible cost while not skimping on critical coverages.
Cheap Volkswagen Touareg insurance in Orlando can be found on the web and from local insurance agents, so get free Orlando auto insurance quotes from both of them to have the best selection. Some insurance companies don’t offer online rate quotes and most of the time these regional insurance providers only sell coverage through local independent agents.
Additional articles
- Dangers of fake or stolen airbags (Insurance Institute for Highway Safety)
- How to Avoid Buying a Flooded Car (Insurance Information Institute)
- Shopping for a Safe Car (Insurance Information Institute)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)