Save Money on Volkswagen Touareg Insurance in Aurora

Insurance quote for Volkswagen Touareg in AuroraIf you want to find the absolute lowest rates, then the best way to find low-cost prices for Volkswagen Touareg insurance is to start doing an annual price comparison from different companies that sell auto insurance in Aurora. You can compare rates by following these guidelines.

Step 1: Get a basic knowledge of how insurance companies determine prices and the measures you can control to prevent rate increases. Many policy risk factors that are responsible for high rates like multiple speeding tickets and a bad credit score can be remedied by improving your driving habits or financial responsibility. Keep reading for information to prevent expensive rate increases and get additional discounts.

Step 2: Request rate estimates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from one company like GEICO and Allstate, while independent agents can quote prices for a wide range of insurance providers.

Step 3: Compare the new rate quotes to your existing rates to see if a cheaper price is available. If you find a better price, ensure there is no coverage lapse between policies.

Step 4: Notify your agent or company of your intent to cancel the current policy. Submit payment and a signed application to your new insurance company. Once the paperwork is finalized, keep the new certificate verifying coverage in your vehicle.

One key aspect of rate comparisons is to try to use the same deductibles and limits on every price quote and and to get rates from as many different insurance providers as possible. Doing this provides an accurate price comparison and plenty of rates choose from.

Surprisingly, a recent survey revealed that over 70% of Colorado drivers kept buying from the same company for four years or more, and about 40% of consumers have never quoted rates to find affordable coverage. U.S. drivers can cut their rates by nearly $850 a year by just comparing quotes, but they just feel it’s too hard to find affordable rates by getting comparison quotes.

If you have a policy now or are just looking to switch companies, you will benefit by learning to reduce the price you pay while maintaining coverages. Getting quotes for affordable auto insurance coverage in Aurora is not as difficult as people think. Vehicle owners just need to know the most time-saving way to compare rates on the web.

How to buy Volkswagen Touareg insurance in Aurora, Colorado

The following companies are our best choices to provide free rate quotes in Colorado. If your goal is to find cheaper auto insurance in Aurora, we recommend you compare several of them to get the best price comparison.

Discount Aurora auto insurance rates

Not too many consumers would say auto insurance is affordable, but there could be significant discounts to cut the cost considerably. Some of these discounts will be visible at the time of quoting, but once in a while a discount must be specially asked for in order for you to get them.Discount auto insurance

We need to note that most of the big mark downs will not be given to the entire policy premium. The majority will only reduce specific coverage prices like comprehensive or collision. So even though you would think you could get a free auto insurance policy, insurance companies wouldn’t stay in business.

The diagram below compares Volkswagen Touareg insurance prices with and without discounts applied to the premium. The information is based on a female driver, no violations or accidents, Colorado state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, multi-car, claim-free, homeowner, and multi-policy discounts applied.

To see a list of providers that have a full spectrum of discounts in Aurora, click here.

Volkswagen Touareg coverage analysis

The table shown below covers estimates of rate quotes for Volkswagen Touareg models. Understanding how car insurance premiums are figured can help drivers make smart choices when choosing a car insurance company.

Volkswagen Touareg Insurance Rates in Aurora, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Touareg 3 Turbo Diesel AWD 4-Dr $294 $640 $396 $24 $118 $1,472 $123
Touareg 3.6 AWD 4-Dr $294 $640 $396 $24 $118 $1,472 $123
Get Your Own Custom Quote Go

Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Prices do not factor in specific garaging location which can alter auto insurance rates noticeably.

Deductible comparison

One of the more difficult decisions when buying insurance is what deductibles to buy. The comparison tables below can help illustrate the rate differences between high and low insurance deductibles. The first set of rates uses a $250 deductible for comp and collision and the second data table uses a $1,000 deductible.

Volkswagen Touareg insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Touareg 3 Turbo Diesel AWD 4-Dr $342 $620 $352 $20 $106 $1,465 $122
Touareg 3.6 AWD 4-Dr $342 $620 $352 $20 $106 $1,465 $122
Get Your Own Custom Quote Go

Volkswagen Touareg insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Touareg 3 Turbo Diesel AWD 4-Dr $210 $390 $352 $20 $106 $1,078 $90
Touareg 3.6 AWD 4-Dr $210 $390 $352 $20 $106 $1,078 $90
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Premium amounts do not factor in specific location information which can change insurance rates noticeably.

Based on this data, using a $250 deductible would cost the average driver about $32 more each month or $384 for a full year across all Volkswagen Touareg models than opting for the higher $1,000 deductible. Because you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to average at a minimum 23 months between claims, you would most likely save money if you decide on a higher deductible.

The information below demonstrates how deductibles and can affect Volkswagen Touareg insurance rates for different insured age categories. The rate quotes are based on a single female driver, comp and collision included, and no discounts are taken into consideration.

Poor driving habits will raise your insurance rates

The information below demonstrates how traffic citations and at-fault collisions can impact Volkswagen Touareg insurance costs for each age group. Data assumes a single male driver, full physical damage coverage, $250 deductibles, and no discounts are factored in.

Full coverage or liability only

The chart below visualizes the comparison of Volkswagen Touareg premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums assume a clean driving record, no at-fault accidents, $500 deductibles, drivers are single, and no discounts are taken into consideration.

When to drop comp and collision

There is no definitive guideline of when to drop physical damage coverage, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.

For example, let’s assume your Volkswagen Touareg replacement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would get paid by your company is $8,000 after the policy deductible has been paid. If premium cost is more than $800 a year for your policy with full coverage, then it could be time to drop full coverage.

There are a few cases where removing full coverage is not advised. If you haven’t paid off your loan, you must maintain physical damage coverage in order to keep the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should not opt for liability only.

The Volkswagen Touareg Insurance Cost Equation

Consumers need to have an understanding of a few of the rating criteria that come into play when calculating the rates you pay for insurance. When you understand what determines premiums, this enables informed choices that may reward you with much lower annual insurance costs.

Listed below are a few of the “ingredients” insurance companies consider when setting your rates.

Males tend to take more risk – Over the last 50 years, statistics have shown females are less aggressive when driving. That doesn’t necessarily mean that men are WORSE drivers than women. Males and females are responsible for fender benders in similar numbers, but guys have costlier accidents. Men also statistically get cited for more serious violations like reckless driving and DUI.

The chart below illustrates the comparison of Volkswagen Touareg premium costs for male and female drivers. The data assumes no tickets, no at-fault accidents, full coverage, $250 deductibles, single marital status, and no other discounts are factored in.

Poor credit score equals high rates – Your credit history factor in determining what you pay. Drivers who have good credit tend to be more responsible and file fewer claims than drivers who have lower credit scores. So if your credit rating is low, you could save money insuring your Volkswagen Touareg by improving your rating.

Your car’s features help determine prices – Purchasing a vehicle with a theft deterrent system can help lower your rates. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft.

Extra policy coverages that may not be needed – There are quite a few additional coverages that may not really be needed if you aren’t diligent. Things like personal injury protection, accident forgiveness, and membership fees may be costing you every month. These coverages may sound good when deciding what coverages you need, but your needs may have changed so consider taking them off your policy.

Never have policy lapses – Allowing your insurance policy to lapse can be a quick way to increase your insurance rates. In addition to paying higher rates, the inability to provide proof of insurance may earn you fines and jail time. You will then be forced to file a SR-22 with the Colorado DMV.

Vehicles with better crash test results cost less to insure – Vehicles with good safety scores tend to be cheaper to insure. Vehicles built for safety have better occupant injury protection and fewer serious injuries means lower claim amounts and thus lower rates.

Volkswagen Touareg insurance claim data – Insurers factor in historical loss data to calculate a price that will offset any claims. Models that the data shows to have higher losses will cost more for specific coverages. The data below shows the historical loss data for Volkswagen Touareg vehicles.

For each coverage category, the claim amount for all vehicles, regardless of make or model, is set at 100. Values that are under 100 indicate a favorable loss history, while numbers above 100 point to more losses or tendency to have larger claims.

Insurance Loss Ratings for Volkswagen Touareg Vehicles
Specific Volkswagen Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Volkswagen Touareg 4dr 4WD 131 115 133 56 65 87

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Insurance agents can help

Some people would prefer to have an agent’s advice and doing so can bring peace of mind Agents can help determine the best coverages and will help you if you have claims. One of the great benefits of comparing rates online is that you can obtain cheap car insurance quotes but also keep your business local. Buying from and supporting neighborhood insurance agencies is still important in Aurora.

Aurora insurance agentsUpon completion of this simple form, your insurance coverage information is sent to companies in Aurora who will give you bids and help you find cheaper coverage. It makes it easy because there is no need to contact an agency since rate quotes are delivered instantly to you. If you wish to get a price quote from a specific insurance company, don’t hesitate to find their quoting web page and fill out their quote form.

Pick the best auto insurance agent in Aurora for you

If you are wanting to purchase car insurance from a good Aurora insurance agent, it’s important to understand the different types of agents and how they are slightly different. Insurance agencies in Aurora are categorized either independent agents or exclusive agents depending on their employer. Both types can properly insure your vehicles, but it’s important to know the difference between them because it can impact your agent selection.

Independent Agencies or Brokers

Agents of this type do not work for one specific company so they have the ability to put coverage with a variety of different insurance companies and find the cheapest car insurance rates. If your premiums go up, they can switch companies in-house without you having to go to a different agency.

If you are comparing car insurance prices, you absolutely need to get rate quotes from at a minimum one independent agency to have the best price comparison. Most independent agents also contract with additional companies that you may not be familiar with which may provide better rates.

The following are Aurora independent agents who may be able to give you price quote information.

More Aurora agents

Exclusive Agents

Exclusive insurance agents work for only one company like State Farm, AAA, Farmers Insurance or Allstate. Exclusive agents cannot place coverage with different providers so you might not find the best rates. Exclusive agents are usually quite knowledgeable in insurance sales and that allows them to sell at a higher price point. Consumers frequently use the same agent partially due to the prominence of the brand and strong financial ratings.

Shown below is a list of exclusive agencies in Aurora who can help you get comparison quotes.

More Aurora agents

Picking the best insurance agency requires you to look at more than just the quoted price. These are some questions you should get answers to.

After receiving good feedback to these questions as well as a price you’re happy with, it’s possible that you found an auto insurance agent that can be trusted to provide car insurance coverage. But remember, you can always terminate your policy at any time so never assume you’re contractually obligated to your new company for the full policy term.

What is the best auto insurance company in Aurora?

Choosing the highest-rated company can be difficult considering how many companies provide coverage in Colorado. The ranking information in the next section could help you decide which insurers to look at shopping prices with.

Top Auto Insurance Companies in Aurora
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 98 100 100 94% A++ 98.6
American Family 98 89 100 86% A 95.4
State Farm 88 93 96 90% A++ 92.4
The Hartford 94 92 90 89% A+ 91.7
AAA Insurance 88 89 95 91% A 91.2
GEICO 84 93 93 89% A++ 90.3
The General 89 91 89 88% A- 90
Titan Insurance 90 87 91 95% A+ 89.6
Progressive 84 91 93 87% A+ 89.5
Allstate 85 90 92 88% A+ 89.3
Nationwide 87 88 84 90% A+ 88.7
Liberty Mutual 84 87 93 88% A 88.5
21st Century 85 86 87 88% A 86.7
Esurance 85 80 95 87% A+ 85.9
Safeco 85 85 85 86% A 85.8
Travelers 80 87 87 83% A++ 85.2
Farmers Insurance 78 87 88 79% A 84.3
Compare Rates Now Go

Data Source: Best Car Insurance Companies

More comparisons equals affordable rates

Throughout this article, we presented quite a bit of information on how to save on Volkswagen Touareg insurance in Aurora. The key concept to understand is the more companies you get rates for, the higher your chance of finding low cost Aurora auto insurance quotes. You may even be surprised to find that the best price on car insurance is with the least-expected company.

Insureds who switch companies do it for a variety of reasons including high rates after DUI convictions, policy cancellation, being labeled a high risk driver and even questionable increases in premium. It doesn’t matter what your reason, finding the right car insurance provider is pretty easy and you might even save some money in the process.

Discount Volkswagen Touareg insurance in Aurora can be bought on the web and with local Aurora insurance agents, and you need to price shop both in order to have the best chance of saving money. Some insurance providers may not provide price quotes online and usually these smaller companies only sell coverage through independent agencies.

To learn more, take a look at the articles below: