It’s safe to conclude that insurance companies don’t want policyholders to compare prices from other companies. Insureds who get price comparisons will most likely buy a different policy because they have good chances of finding lower rate quotes. A recent survey found that people who routinely shopped around saved as much as $3,500 over four years compared to other drivers who never shopped around for better prices.
If finding the lowest rates on Volkswagen Passat insurance in Orlando is the reason you’re here, then having a grasp of how to choose a company and compare auto insurance can help make the process easier.
If you want to find the absolute lowest rates, then the best way to find cheaper quotes for Volkswagen Passat insurance in Orlando is to start comparing rates regularly from companies in Florida.
Step 1: Try to learn a little about how auto insurance works and the measures you can take to prevent expensive coverage. Many rating criteria that are responsible for high rates such as speeding tickets, careless driving and poor credit history can be amended by making minor changes in your lifestyle. Keep reading for ideas to help prevent costly coverage and find additional discounts.
Step 2: Request rate estimates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give rate quotes from a single company like GEICO or Farmers Insurance, while independent agencies can quote rates for a wide range of insurance providers. Begin your rate comparison
Step 3: Compare the price quotes to your existing policy and see if you can save money. If you can save money and make a switch, make sure there is no coverage gap between policies.
A crucial key to this process is to make sure you’re comparing similar coverage information on every price quote and and to look at as many different companies as possible. This helps ensure an accurate price comparison and a thorough selection of prices.
If you are already insured, you will be able to reduce the price you pay using the techniques presented in this article. Comparing quotes for affordable car insurance coverage in Orlando is not that difficult. Although Florida vehicle owners benefit from understanding the way companies price insurance differently and take advantage of how the system works.
To get affordable Volkswagen Passat insurance quotes, there a variety of ways to compare quotes from different Orlando insurance companies. The best way to do a complete rate comparison consists of obtaining rate quotes online.
Keep in mind that comparing more prices increases the chance that you will find the best rates.
The companies shown below are our best choices to provide comparison quotes in Florida. If your goal is to find the best cheap car insurance in Florida, we suggest you visit as many as you can to get the best price comparison.
Auto insurance discounts are available to get cheap rates
Some insurance providers don’t always advertise all possible discounts in a way that’s easy to find, so the following is a list of some of the best known and the more hidden credits available to lower your premiums when you buy Orlando auto insurance online.
- New Car Discount – Buying auto insurance coverage on a new vehicle can cost up to 25% less because new vehicles keep occupants safer.
- Passenger Safety Discount – Vehicles equipped with air bags or motorized seat belts can get savings of 20% or more.
- Seat Belts Save – Forcing all vehicle occupants to use a seat belt could save 15% on the premium charged for medical payments and/or PIP.
- Switch and Save Discount – Select auto insurance companies give a discount for buying a policy early. It can save you around 10%.
- Pay Upfront and Save – By paying your policy upfront instead of monthly or quarterly installments you may reduce your total bill.
- Own a Home and Save – Simply owning a home may trigger a policy discount on auto insurance since home ownership means you have a higher level of financial diligence.
- Paper-free Discount – Many auto insurance companies will give you a small discount for buying a policy and signing up on their website.
- Onboard Data Collection – Insureds that choose to allow their auto insurance company to analyze driving manner through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm could possibly reduce rates as long as they are good drivers.
As a disclaimer on discounts, most of the big mark downs will not be given to the overall cost of the policy. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though it sounds like you could get a free auto insurance policy, you’re out of luck.
The diagram below shows the comparison of Volkswagen Passat insurance costs with and without discounts applied. The data is based on a male driver, no claims, a clean driving record, 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, marriage, homeowner, claim-free, multi-car, and safe-driver discounts applied.
Large auto insurance companies and some of their more popular discounts can be found below.
- Progressive has savings for continuous coverage, online quote discount, multi-policy, online signing, homeowner, good student, and multi-vehicle.
- GEICO offers discounts for multi-policy, five-year accident-free, daytime running lights, anti-lock brakes, defensive driver, membership and employees, and driver training.
- State Farm discounts include multiple autos, driver’s education, defensive driving training, student away at school, and Steer Clear safe driver discount.
- Esurance includes discounts for online quote, Switch & Save, claim free, online shopper, and anti-lock brakes.
- The Hartford policyholders can earn discounts including air bag, driver training, vehicle fuel type, bundle, defensive driver, and good student.
If you want inexpensive Orlando auto insurance quotes, ask each insurance company what discounts are available to you. A few discounts may not be offered in your state. To find providers that offer multiple discounts in Orlando, click here.
Insurance rate breakdown
The rate table below showcases detailed analysis of rate quotes for Volkswagen Passat models. Understanding more about how prices are established is important for drivers to make decisions when shopping your coverage around.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Passat Komfort Station Wagon||$284||$544||$340||$20||$102||$1,290||$108|
|Passat Komfort 4-Dr Sedan||$284||$544||$400||$24||$120||$1,372||$114|
|Get Your Own Custom Quote Go|
Premium data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Rates do not factor in specific garaging location which can affect premium rates greatly.
The chart below illustrates how choosing a deductible and can impact Volkswagen Passat insurance costs for different age groups. The costs are based on a married female driver, full coverage, and no discounts are taken into consideration.
Full coverage versus liability-only
The chart below compares Volkswagen Passat insurance rates when comparing full coverage to liability only. Data assumes no tickets, no at-fault accidents, $250 deductibles, single status, and no discounts are taken into consideration.
When to drop full coverage
There is no definitive guideline that works best for making the decision to drop physical damage insurance, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than 10% of the settlement you would receive from your company, then you might want to consider buying only liability coverage.
For example, let’s assume your Volkswagen Passat replacement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $3,000 after paying your policy deductible. If you are paying in excess of $300 annually for physical damage coverage, then you may want to consider only buying liability coverage.
There are some conditions where dropping physical damage coverage is not a good plan. If you haven’t paid off your loan, you have to maintain full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should keep full coverage on your policy.
Get rate quotes but work with a neighborhood Orlando auto insurance agent
Some consumers just prefer to sit down and talk to an agent and that is OK! One of the benefits of comparing insurance prices online is the fact that you can find cheaper prices and still have a local agent.
To help locate an agent, after submitting this simple form, the coverage information is sent to insurance agents in Orlando that can provide free Orlando auto insurance quotes for your coverage. You never need to drive around since price quotes are sent to you. You can find lower rates without requiring a lot of work. If you have a need to compare prices from a specific company, you can always navigate to their website and complete a quote there.
Selecting an insurer should include more criteria than just the quoted price. Any agent in Orlando should have no problem answering these questions:
- If your car is in the repair shop, do you have coverage for a rental car?
- Do they carry Errors and Omissions coverage?
- Will the agent or a CSR service your policy?
- Is vehicle mileage a factor when determining depreciation for repairs?
- Are they in the agency full-time?
- Which insurance company do they prefer to write with?
- How experienced are they in personal risk management?
Different types of auto insurance agents in Orlando
If you want to buy insurance from a local Orlando insurance agent, there are two different types of agents and how they differ in how they can insure your vehicles. Insurance policy providers can be described as either independent or exclusive.
Exclusive Insurance Agents
Agents that elect to be exclusive generally can only insure with one company like State Farm or Allstate. They are unable to provide other company’s prices so keep that in mind. They are well trained on sales techniques and that enables them to sell even at higher rates. Consumers sometimes use the same agent primarily because of loyalty to the company rather than low rates.
Below is a short list of exclusive agents in Orlando willing to provide price quotes.
- Bill Cordy – State Farm Insurance Agent
2737 N Hiawassee Rd – Orlando, FL 32818 – (407) 298-9996 – View Map
- R J Allen – State Farm Insurance Agent
8255 Lee Vista Blvd C – Orlando, FL 32829 – (407) 823-7900 – View Map
- Michael Moore – State Farm Insurance Agent
9161 Narcoossee Rd Ste 207 – Orlando, FL 32827 – (407) 208-9930 – View Map
Independent insurance agents can quote rates with many companies so they can insure your vehicles through many companies and get the cheapest rates. If they find a cheaper price, your policy is moved internally and you don’t have to do anything.
If you need cheaper insurance rates, you will definitely want to get rate quotes from a few independent agents to have the most options to choose from. They also have the ability to place coverage with smaller companies which may provide better rates.
Shown below are Orlando independent agencies who can help you get price quotes.
- Universal Insurance Agency
1548 S Semoran Blvd – Orlando, FL 32807 – (407) 898-1116 – View Map
- Floridian Insurance Agency
7316 E Colonial Dr – Orlando, FL 32807 – (407) 207-1616 – View Map
- WEGO Insurance Agency, Inc
520 N Semoran Blvd #270 – Orlando, FL 32807 – (407) 476-7972 – View Map
After talking to the agent and getting reasonable responses to any questions you may have as well as offering an affordable quote, you may have just found a car insurance agent that can properly insure your vehicles. Just remember you are entitled to cancel coverage when you choose so never assume you are locked into any particular company for the full policy term.
What insurance coverages do you need?
Knowing the specifics of your insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be impossible to understand and reading a policy is terribly boring.
Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.
Since a lot of drivers only carry the minimum required liability limits (10/20/10 in Florida), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Liability insurance – Liability coverage will cover injuries or damage you cause to a person or their property in an accident. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 10/20/10 which stand for a limit of $10,000 per injured person, $20,000 for the entire accident, and a limit of $10,000 paid for damaged property.
Liability coverage protects against things such as structural damage, funeral expenses, pain and suffering and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but consider buying as high a limit as you can afford. Florida requires drivers to carry at least 10/20/10 but drivers should carry more coverage.
The next chart demonstrates why buying the state minimum limits may not be adequate.
Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses such as X-ray expenses, hospital visits and funeral costs. The coverages can be utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible
Comprehensive insurance – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims such as damage from a tornado or hurricane, theft and falling objects. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Collision coverage – This coverage will pay to fix damage to your Passat resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things such as backing into a parked car, scraping a guard rail, colliding with another moving vehicle, sideswiping another vehicle and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to choose a higher deductible on your Passat to get cheaper collision coverage.
Affordable coverage is out there
Discount Volkswagen Passat insurance in Orlando is possible both online and with local Orlando insurance agents, so you should compare both to get a complete price analysis. Some companies do not offer internet price quotes and most of the time these small insurance companies only sell through independent insurance agents.
You just read some good ideas how to get a better price on Volkswagen Passat insurance in Orlando. The key thing to remember is the more providers you compare, the better your chances of lowering your prices. You may even discover the best premium rates are with some of the smallest insurance companies.
As you shop your coverage around, don’t be tempted to buy less coverage just to save a little money. In many cases, an insured dropped comprehensive coverage or liability limits only to regret at claim time that it was a big mistake. Your focus should be to find the BEST coverage at the lowest possible cost, but do not skimp to save money.
Additional detailed information can be found in the articles below:
- Top Signs Your Brakes are Giving Out (State Farm)
- Who Has the Cheapest Orlando Car Insurance Quotes for Drivers Under 25? (FAQ)
- Who Has Cheap Orlando Auto Insurance for Teachers? (FAQ)
- What is the Best Auto Insurance in Orlando, FL? (FAQ)
- Who Has the Cheapest Orlando Car Insurance for 17 Year Olds? (FAQ)
- Bodily Injury Coverage (Liberty Mutual)
- Older Driver Statistics (Insurance Information Institute)
- What does Personal Injury Protection (PIP) Cover? (Allstate)