Best Ways to Save on Houston Volkswagen Touareg Insurance

Discount Volkswagen Touareg insuranceAre you sick of overpaying and want lower-priced auto insurance rates in Houston, TX? Houston drivers have options when trying to find the best price on Volkswagen Touareg insurance. You can either waste hours contacting agents to get rate comparisons or leverage the internet to get rate quotes. There are both good and bad ways to shop for auto insurance and you need to know the quickest way to compare rates for a Volkswagen and get the cheapest rates either online or from Houston insurance agents.

If you are insured now or are looking for a new policy, take advantage of these tips to save money and still have adequate protection. These tips will teach you the best methods to compare rates and how to save the most money. Vehicle owners just need to use the least time-consuming way to compare rates from many different companies.

Companies offering Volkswagen Touareg insurance in Texas

The companies in the list below can provide free rate quotes in Houston, TX. If multiple providers are shown, we suggest you click on several of them to find the lowest auto insurance rates.

Volkswagen Touareg Insurance Rates in Houston, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Touareg 3 Turbo Diesel AWD 4-Dr $288 $614 $496 $30 $148 $1,576 $131
Touareg 3.6 AWD 4-Dr $300 $542 $382 $22 $114 $1,360 $113
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Premium costs do not factor in specific Houston garaging location which can impact premiums greatly.

Price comparison of only insuring for liability

The chart below shows the difference between Volkswagen Touareg yearly insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The information is based on no claims, a clean driving record, $250 deductibles, single male driver, and no policy discounts are applied.

When to stop buying physical damage coverage

There isn’t a steadfast formula to exclude comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of having full coverage is more than 10% of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.

For example, let’s pretend your Volkswagen Touareg replacement value is $4,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company will settle for is $3,000 after paying your policy deductible. If it’s costing you more than $300 a year for your policy with full coverage, then it’s probably a good time to buy liability coverage only.

There are a few situations where removing full coverage is not in your best interest. If you haven’t satisfied your loan, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should keep full coverage on your policy.

Higher deductibles save money

When shopping for auto insurance, a common question is which deductibles should you choose. The following tables show the costs and benefits when you buy lower versus higher coverage deductibles. The first set of rates uses a $100 physical damage deductible and the second pricing table uses a $500 deductible.

Volkswagen Touareg insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Touareg 3 Turbo Diesel AWD 4-Dr $412 $804 $382 $22 $114 $1,759 $147
Touareg 3.6 AWD 4-Dr $412 $804 $382 $22 $114 $1,759 $147
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Volkswagen Touareg insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Touareg 3 Turbo Diesel AWD 4-Dr $300 $542 $382 $22 $114 $1,360 $113
Touareg 3.6 AWD 4-Dr $300 $542 $382 $22 $114 $1,360 $113
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Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Information does not factor in specific location which can lower or raise rates substantially.

Based on the above data, using a $100 deductible would cost the average driver about $34 more each month or $408 a year than requesting the higher $500 deductible. Due to the fact that you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 12 months between claim filings, you would save money if you opt for a higher deductible. The numbers below show the way this decision is made.

Average monthly premium for $100 deductibles: $147
Average monthly premium for $500 deductibles (subtract): – $113
Monthly savings from raising deductible: $34
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $34
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 12 months

An important sidenote is that higher deductibles results in having to pay to pay more out-of-pocket if you have a claim. You will want to have some money saved in the event you need to pay more to get your vehicle repaired.

Lower rates by qualifying for these six discounts

Car insurance is not cheap, but there’s a good chance there are discounts to help offset the cost. Certain reductions will be credited when you complete an application, but a few must be specifically requested before they will apply. If you check and find you aren’t receiving every discount you qualify for, you may be paying too high a price.Insurance discounts

Drivers should understand that most discounts do not apply to all coverage premiums. Most cut specific coverage prices like liability and collision coverage. Just because it seems like you would end up receiving a 100% discount, insurance companies aren’t that generous.

Car insurance companies that may offer policyholders many of the previously listed discounts include:

Before purchasing a policy, check with each company or agent which discounts you may be entitled to. Discounts might not be offered everywhere.

Buying car insurance from Houston car insurance agents

A small number of people would rather buy from a licensed agent and often times that is recommended Insurance agents can help you build your policy and help file insurance claims. An additional benefit of comparing car insurance online is you can get the lowest rates and also buy local.

Insurance agents in HoustonOnce you complete this simple form, the quote information is transmitted to local insurance agents that can provide free Houston auto insurance quotes and help you find cheaper coverage. You never need to find an agent on your own because prices are sent directly to you. In the event you want to get a price quote for a specific company, you can always search and find their rate quote page and submit a quote form there.

Choosing the best insurer should include more criteria than just the price. Here are some questions to ask:

The difference between Houston auto insurance agents

If you prefer to buy car insurance from a good insurance agency, it helps to know the two types of insurance agents and how they are distinctly different. Agents in Houston are classified as either exclusive or independent (non-exclusive). Both can write policy coverage, but it’s a good idea to understand the subtle differences because it may have an impact on the type of agent you choose.

Exclusive Car Insurance Agencies

Exclusive agents work for only one company and some examples include American Family, State Farm, and AAA. These agents are not able to give you multiple price quotes so you need to shop around if the rates are high. Exclusive agents receive extensive training in insurance sales which helps offset the inability to provide other markets. Some insured continue to use the same exclusive agent mainly due to the prominence of the brand rather than having low rates.

Listed below is a list of exclusive agencies in Houston willing to provide price quote information.

More insurance agents

Independent Car Insurance Agents

Agents that choose to be independent are not locked into one company and that enables them to quote your coverage with many different companies and get you the best rates possible. If you want to switch companies, the business is moved internally and you can keep the same agent.

When comparing rates, we recommend you check rates from several independent agencies in order to compare the most rates. Most also have access to small mutual carriers that many times have cheaper rates.

The following are independent agents in Houston that can give you comparison quotes.

More insurance agents

If you receive answers to your satisfaction for all questions you ask in addition to an acceptable price estimate, you may have found an auto insurance agent that meets the requirements to provide car insurance coverage.

Save $486 a year. For real?

Texas consumers can’t ignore all the ads that claim the lowest premium rates from companies such as 21st Century, Allstate and State Farm. All the ads make an identical promise that drivers can save some big amount if you just switch your coverage.

How do they all have lower policy pricing? It’s all in the numbers.

All companies offer their best rates for the type of driver that will most likely be profitable. An example of this type of insured may need to be between the ages of 30 and 50, has never had a policy lapse, and insures a new vehicle. Any customer who meets those qualifications will get very good Houston rates and most likely will save a lot of money.

Potential customers who are not a match for those criteria may receive a higher premium and the customer not buying. The ads state “people that switch” not “everyone who quotes” can get the lowest rates when switching. This is how insurance companies can confidently make claims that they all have the best car insurance rates. This illustrates why drivers must compare rate quotes every year. It is impossible to predict the company that will have the best rates for your profile.

Auto insurance 101

Learning about specific coverages of auto insurance can be of help when determining appropriate coverage for your vehicles. Policy terminology can be ambiguous and coverage can change by endorsement.

Liability car insurance – This protects you from damage or injury you incur to people or other property that is your fault. It protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 30/60/25 that translate to $30,000 bodily injury coverage, a per accident bodily injury limit of $60,000, and $25,000 of coverage for damaged property.

Liability coverage protects against claims such as attorney fees, court costs and repair costs for stationary objects. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible. Texas state minimum liability requirements are 30/60/25 but you should think about purchasing more liability than the minimum.

Coverage for uninsured or underinsured drivers – This protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Volkswagen Touareg.

Because many people only carry the minimum required liability limits (which is 30/60/25), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Coverage for medical expenses – Medical payments and Personal Injury Protection insurance reimburse you for expenses for things like X-ray expenses, hospital visits, chiropractic care, doctor visits and pain medications. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverage – This coverage covers damage to your Touareg caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like rolling your car, driving through your garage door, backing into a parked car, damaging your car on a curb and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible on your Touareg to bring the cost down.

Comprehensive auto insurance – This pays for damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as damage from flooding, damage from getting keyed and hitting a deer. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

A little work can save a LOT of money

We just covered a lot of ways to save on Volkswagen Touareg insurance in Houston. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. Consumers may even find the lowest rates are with a smaller regional carrier.

As you restructure your insurance plan, it’s not a good idea to buy less coverage just to save a little money. Too many times, an insured cut liability limits or collision coverage and found out when filing a claim they didn’t have enough coverage. The proper strategy is to buy enough coverage at an affordable rate, but don’t skip important coverages to save money.

People leave their current company for many reasons like unfair underwriting practices, not issuing a premium refund, high rates after DUI convictions and an unsatisfactory settlement offer. Regardless of your reason for switching companies, finding a great new company is less work than it seems.

Even more information is located at these sites: