If saving the most money is your goal, then the best way to get more affordable auto insurance rates is to do a yearly price comparison from insurance carriers that sell auto insurance in Aurora. You can compare rates by following these guidelines.
- Gain an understanding of car insurance and the factors you can control to prevent expensive coverage. Many rating factors that drive up the price such as speeding and an unacceptable credit score can be eliminated by paying attention to minor details.
- Request price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from one company like GEICO and Allstate, while independent agencies can provide rate quotes for a wide range of companies.
- Compare the new rate quotes to the premium of your current policy to see if a cheaper price is available in Aurora. If you find a better price and decide to switch, ensure coverage does not lapse between policies.
- Give proper notification to your current agent or company to cancel your current auto insurance policy. Submit a down payment along with a completed application to your new insurance company. Once the paperwork is finalized, store the proof of insurance certificate with the vehicle registration.
An important bit of advice to remember is to compare identical limits and deductibles on every price quote and and to get price quotes from as many companies as feasibly possible. This enables a fair rate comparison and a complete selection of prices.
It’s easy to assume that insurance companies want to keep you from comparing prices. Drivers who compare rates annually are very likely to buy a new policy because there is a good probability of finding better rates. A recent insurance study revealed that consumers who did price comparisons regularly saved an average of $70 a month compared to drivers who never shopped around for better prices.
If finding the lowest rates on auto insurance in Aurora is why you’re reading this, then understanding how to choose a company and compare auto insurance can make shopping around easier.
Choices You Make Can Impact Your Insurance Rates
Many things are used when you get your auto insurance bill. Some are obvious such as your driving record, although others are less apparent such as whether you are married or your vehicle rating. The best way to find cheaper insurance is to take a look at some of the factors that go into determining insurance rates. If you know what impacts premium levels, this allows you to make good choices that may result in cheaper rates.
The items below are a few of the things that factor into prices.
- Do thieves like your car? – Choosing a vehicle with a theft deterrent system can earn a premium discount. Theft deterrent systems like GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent your car from being stolen.
- Coverage deductibles are a factor – The deductibles define the amount you are willing to pay out-of-pocket if a claim is determined to be covered. Protection for physical damage, also called comprehensive and collision insurance, insures against damage to your car. Some examples of covered claims could be a windshield broken by a bird, damage caused by hail, and damage from wind. The larger the amount you pay before a claim is paid (deductible), the lower your rates will be.
- Lower miles driven equals lower premium – The more you drive each year the more you’ll pay to insure your vehicle. A lot of insurance companies price each vehicle’s coverage based upon how you use the vehicle. Autos left parked in the garage get more affordable rates than cars that get driven a lot. Verify your declarations sheet properly reflects the correct driver usage, because it can save money. Having the wrong rating on your Passat is throwing money out the window.
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Performance influences insurance premiums – The performance of the vehicle you need insurance for makes a big difference in your auto insurance rates. Lower performance four cylinder passenger cars receive the most favorable rates, but many other things help determine your insurance rates.
The next chart uses these assumptions: married female driver age 30, full coverage with $250 deductibles, and no discounts or violations. It illustrates Volkswagen Passat insurance premiums compared to other models that have a range of performance rating factors.
- Big cities have higher prices – Having an address in a small town may provide you with better prices when trying to find low car insurance rates. People in densely populated areas tend to have more traffic problems and much longer commute distances. Fewer people means reduced accidents and a lower car theft rate.
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Youthful drivers pay higher prices – Teen drivers in Colorado have been known to be inattentive and easily distracted when driving so they pay higher insurance rates. If you’ve ever had to add a first-time driver onto your insurance can increase premiums substantially. More experienced drivers have been proven to be more responsible, tend to file fewer claims, and are safer drivers.
The data below uses these variables: single driver, full coverage with $100 deductibles, and no discounts or violations.
- Limits of liability insurance – The liability section of your policy will protect you if a court rules you are at fault for an accident. Liability provides legal defense starting from day one. Liability insurance is pretty cheap as compared to coverage for physical damage, so do not skimp.
- Get better costs if you’re married – Getting married may cut your premiums when shopping for insurance. Marriage is viewed as being more stable financially it has been statistically shown that drivers who are married file infrequent claims.
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Insurance loss probability for a Volkswagen Passat – Insurance companies include the past claim trends for vehicles as a tool for profitable underwriting. Vehicles that the statistics show to have a trend towards higher claims will have a higher premium rate.
The data below shows the collected loss data for Volkswagen Passat vehicles. For each policy coverage, the loss probability for all vehicles, without regard to make or model, is equal to 100. Values that are under 100 indicate a favorable loss history, while numbers above 100 indicate a higher chance of having a claim or tendency to have larger claims.
Volkswagen Passat Insurance Claim Statistics Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Volkswagen Passat 101 99 99 111 113 102 BETTERAVERAGEWORSEStatistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
The easiest way to compare car insurance rates for Volkswagen Passat insurance in Aurora is to realize almost all companies have advanced systems to quote your coverage. The one thing you need to do is provide a little information including if you require a SR-22, marital status, whether you drive to work or school, and which vehicles you own. Your information is automatically sent to insurance companies and they return quotes with very little delay.
To get price quotes for your Volkswagen Passat now, click here and find out if you can get cheaper insurance in Aurora.
The car insurance companies shown below can provide free rate quotes in Colorado. To buy cheap auto insurance in Aurora, we recommend you visit two to three different companies to get a more complete price comparison.
Volkswagen Passat insurance charts and tables
The premium table displayed below showcases estimates of insurance premium costs for Volkswagen Passat models. Learning how prices are determined is important for making decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Passat Komfort Station Wagon | $162 | $332 | $338 | $20 | $102 | $954 | $80 |
| Passat Komfort 4-Dr Sedan | $162 | $332 | $396 | $24 | $118 | $1,032 | $86 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Rate quotes do not factor in specific Aurora garaging location which can increase or decrease coverage prices considerably.
Higher deductibles save money
When shopping for auto insurance, a common question is what deductibles to buy. The data tables below sum up the differences in premium rates between low and high physical damage coverage deductibles. The first rate quote example uses a $100 physical damage deductible and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Passat Komfort Station Wagon | $342 | $644 | $298 | $18 | $90 | $1,417 | $118 |
| Passat Komfort 4-Dr Sedan | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Passat Komfort Station Wagon | $250 | $434 | $298 | $18 | $90 | $1,090 | $91 |
| Passat Komfort 4-Dr Sedan | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| 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 homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Price information does not factor in specific garaging location which can increase or decrease price quotes greatly.
Based on this data, we can arrive at the conclusion that using a $100 deductible will cost in the ballpark of $27 more each month or $324 for a full year than requesting the higher $500 deductible. Due to the fact that you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you average at a minimum 15 months between claims, you would probably save some money if you elect the higher deductible. The numbers below show an example of how you can come to your own conclusion.
| Average monthly premium for $100 deductibles: | $121 |
| Average monthly premium for $500 deductibles (subtract): | – $94 |
| Monthly savings from raising deductible: | $27 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $27 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 15 months |
One important note is that a higher deductible level results in more money out-of-pocket when you do file a claim. You need to have enough money stashed away in the event you need to pay the deductible to have repairs made.
Difference between full coverage and liability only rates
The example below illustrates the comparison of Volkswagen Passat car insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data is based on no violations or claims, $250 deductibles, single status, and no discounts are applied to the premium.
Should you be buying full coverage?
There is no written rule of when to phase out physical damage insurance, but there is a broad guideline. If the yearly cost of full coverage is more than around 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let’s assume your Volkswagen Passat replacement value is $7,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company would pay you is $6,000 after paying your policy deductible. If you are paying more than $600 annually for comprehensive and collision coverage, then it could be time to drop full coverage.
There are a few situations where dropping physical damage coverage is not in your best interest. If you still owe money on your vehicle, you have to keep full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not remove full coverage.
Why do I need car insurance?
Even though Aurora Passat insurance rates can get expensive, insuring your vehicle is a good idea for several reasons.
- The majority of states have compulsory liability insurance requirements which means state laws require a specific minimum amount of liability coverage in order to drive the car. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If you have a lien on your Passat, most lenders will stipulate that you have physical damage coverage to protect their interest in the vehicle. If the policy lapses, the bank may buy a policy for your Volkswagen at a more expensive rate and force you to pay for it.
- Insurance protects your Volkswagen and your assets. Insurance will pay for hospital and medical expenses for yourself as well as anyone injured by you. Liability coverage, the one required by state law, will also pay to defend you if you are sued as the result of your driving. If you have damage to your Volkswagen as the result of the weather or an accident, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.
The benefits of having auto insurance are definitely more than the cost, particularly for liability claims. Today the average American driver overpays more than $855 a year so it’s important to compare rates each time the policy renews to save money.
Get discounts on Aurora insurance
Car insurance companies don’t list every discount available in an easy-to-find place, so we took the time to find some of the best known and also the lesser-known ways to save on insurance. If you do not double check each discount available, you could be saving more on your insurance.
- Distant College Student Discount – Kids who live away from home at college and do not have a car may be insured at a cheaper rate.
- Use Seat Belts – Using a seat belt and requiring all passengers to use their safety belts can save 10% or more off the personal injury premium cost.
- Discount for Life Insurance – Not all companies offer life insurance, but some may give you lower prices if you buy auto and life insurance together.
- Full Payment Discount – By paying your policy upfront rather than spreading payments over time you could save up to 5%.
- Passenger Safety Discount – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of up to 25% or more.
- Fewer Miles Equal More Savings – Fewer annual miles on your Volkswagen may allow you to get discounted insurance rates on garaged vehicles.
- Drive Safe and Save – Safe drivers can save as much as half off their rates than drivers with accident claims.
- Save over 55 – Mature drivers may qualify for better insurance rates.
- Good Students Pay Less – Performing well in school can earn a discount of 20% or more. This discount can apply up to age 25.
A little note about advertised discounts, some of the credits will not apply to the whole policy. Most only reduce specific coverage prices like liability and collision coverage. So even though it sounds like having all the discounts means you get insurance for free, it just doesn’t work that way.
The information below shows the difference between Volkswagen Passat premium costs with and without discounts applied to the policy premium. The rates are based on a male driver, no claims or violations, Colorado state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, marriage, multi-policy, claim-free, and safe-driver discounts applied.
Popular insurance companies and their offered discounts are:
- State Farm offers discounts including defensive driving training, anti-theft, safe vehicle, student away at school, and Steer Clear safe driver discount.
- Liberty Mutual may have discounts that include multi-car, exclusive group savings, multi-policy, new graduate, and new move discount.
- American Family offers premium reductions for air bags, multi-vehicle, bundled insurance, accident-free, Steer into Savings, good driver, and defensive driver.
- Progressive discounts include good student, multi-vehicle, online quote discount, online signing, homeowner, multi-policy, and continuous coverage.
- Farmers Insurance may offer discounts for pay in full, teen driver, mature driver, switch companies, electronic funds transfer, and youthful driver.
- Auto-Owners Insurance offers discounts for multiple vehicles, group or association, safe driver, mature driver, teen driver, air bags, and paid in full.
- SAFECO has savings for drive less, teen safety rewards, multi-car, accident prevention training, and teen safe driver.
Before buying, ask every prospective company which discounts can lower your rates. Some discounts listed above may not apply in your state. To see a list of providers who offer online Volkswagen Passat insurance quotes in Colorado, click here.
Local neighborhood agents and car insurance
A lot of people still like to sit down and talk to an agent and that can be a smart move One of the benefits of comparing insurance prices online is that drivers can save money and get the best rates and still buy from a local agent. And buying from local insurance agencies is especially important in Aurora.
For easy comparison, once you complete this form (opens in new window), the quote information is submitted to local insurance agents who will gladly provide quotes for your car insurance coverage. It makes it easy because there is no need to even leave your home because quoted prices will be sent to you directly. You can find the lowest rates and a licensed agent to work with. If you have a need to get a comparison quote from a specific car insurance provider, you would need to visit that company’s website and fill out their quote form.
If you want to buy car insurance from a reliable agent, you should know the types of insurance agents and how they can write your policy. Insurance agencies in Aurora are categorized either independent or exclusive depending on the company they work for.
Independent Car Insurance Agencies
Independent agents do not have single company limitations so they can write business amongst many companies and find the cheapest rate. If your premiums go up, they simply switch companies in-house and that require little work on your part.
When comparing rates, you will want to get some free quotes from multiple independent agents to get the most accurate price comparison. Many independent agencies also insure through different regional companies that may provide cheaper car insurance rates.
Featured below are Aurora independent agents that may be able to give price quotes.
- Premier Insurance
2241 S Peoria St # 202 – Aurora, CO 80014 – (303) 337-3600 – View Map - Amercian Affordable Insurance: Arthur Blaszczyszn
10660 E Bethany Dr – Aurora, CO 80014 – (303) 577-9998 – View Map - ALINK Insurance Services
3033 S Parker Rd #120 – Aurora, CO 80014 – (303) 752-6479 – View Map
Exclusive Insurance Agents
Exclusive agencies write business for a single company like AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot provide other company’s prices so it’s a take it or leave it situation. Exclusive agents are trained well on sales techniques which helps offset the inability to provide other markets. Drivers often use the same exclusive agent mostly because of the prominence of the brand rather than having the cheapest rates.
The following is a short list of exclusive insurance agents in Aurora willing to provide comparison quotes.
- Mike Gibbs – State Farm Insurance Agent
3140 S Parker Rd #2 – Aurora, CO 80014 – (303) 699-2800 – View Map - Allstate Insurance: Roger Francis
18757 E Hampden Ave Ste 154 – Aurora, CO 80013 – (303) 792-3460 – View Map - Jody Roberts – State Farm Insurance Agent
15260 E Hampden Ave – Aurora, CO 80014 – (303) 693-1650 – View Map
Picking the best car insurance agent is decision based upon more than just the price. These are some questions you should get answers to.
- Will the quote change when the policy is issued?
- Is auto insurance their primary focus in Aurora?
- Will the agent or a CSR service your policy?
- Will high miles depreciate repair valuations?
- How will an accident affect your rates?
- Are there any hidden costs in their price quote and does it include driving and credit history?
Best auto insurance in Aurora
Picking the right insurance provider can be a challenge considering how many companies provide coverage in Aurora. The company information displayed below could help you decide which insurers to look at purchasing a policy from.
Top 10 Aurora Car Insurance Companies Ranked by Value
- USAA
- American Family
- The Hartford
- Titan Insurance
- The General
- AAA Insurance
- State Farm
- Nationwide
- Safeco
- Esurance
Top 10 Aurora Car Insurance Companies Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA Insurance – 91%
- Nationwide – 90%
- State Farm – 90%
- The Hartford – 89%
- GEICO – 89%
- Allstate – 88%
- 21st Century – 88%
- The General – 88%
Quote more to save more
Throughout this article, we presented a lot of tips how to get a better price on Volkswagen Passat insurance in Aurora. The key thing to remember is the more price quotes you have, the better chance you’ll have of finding affordable Volkswagen Passat insurance quotes. You may even find the lowest prices are with the smaller companies.
Cost effective Volkswagen Passat insurance is attainable online and from local insurance agents, so you need to quote Aurora auto insurance with both in order to have the best price selection to choose from. Some insurance companies do not offer rate quotes online and usually these smaller providers only sell through independent agents.
When getting Aurora auto insurance quotes online, make sure you don’t buy less coverage just to save a little money. In many cases, an insured dropped full coverage only to regret they didn’t purchase enough coverage. The aim is to buy a smart amount of coverage at a price you can afford while still protecting your assets.
For more information, feel free to visit the resources below:
- Teen Driving Statistics (iihs.org)
- What Car Insurance is Cheapest for 4×4 Vehicles in Aurora? (FAQ)
- What Auto Insurance is Cheapest for Nurses in Aurora? (FAQ)
- What Car Insurance is Cheapest for a Toyota Tacoma in Aurora? (FAQ)
- Five Mistakes to Avoid (Insurance Information Institute)
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- Understanding Car Crashes Video (iihs.org)