Save Money on Volkswagen Touareg Insurance in San Jose

  1. Home
  2. >
  3. Popular Vehicles
  4. >
  5. Volkswagen Touareg

The recommended way to save money on Volkswagen Touareg insurance is to regularly compare price quotes from companies in San Jose.

  • First, try to comprehend how companies set rates and the changes you can make to keep rates down. Many policy risk factors that result in higher rates such as your driving record and poor credit rating can be controlled by making minor changes in your lifestyle.
  • Second, request price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only give prices from one company like GEICO and State Farm, while independent agencies can quote prices for many different companies. Select a company
  • Third, compare the quotes to your existing policy and see if you can save money. If you find a better price and decide to switch, ensure coverage does not lapse between policies.
  • Fourth, tell your current company of your intention to cancel your current coverage. Submit the signed application along with the required initial payment for the new coverage. Once coverage is bound, safely store the proof of insurance certificate in an accessible location in your vehicle.

An important part of this process is to compare similar deductibles and liability limits on every quote and and to compare every insurance company. Doing this ensures a fair price comparison and plenty of rates choose from.

Discount Volkswagen Touareg insuranceIt's easy to assume that car insurance companies want to keep you from comparing prices. People who shop around for better prices are likely to buy a new policy because of the good chance of finding coverage at a cheaper rate. A study showed that drivers who shopped around every year saved about $70 a month compared to those who never shopped for cheaper rates.

If finding the best price on Volkswagen Touareg insurance is your goal, then having a grasp of how to choose a company and compare insurance rates can make it easier to shop your coverage around.

The are a couple different ways to compare prices from many insurance companies in California. The recommended way to find competitive Volkswagen Touareg insurance rates is to jump online and get quotes.

When comparing insurance rates, know that comparing all the rates in your area helps you find better pricing.

The following companies offer price comparisons in California. If several companies are displayed, we recommend you visit as many as you can in order to find the lowest rates.

Detailed insurance information

The table displayed below showcases detailed analysis of insurance prices for Volkswagen Touareg models. Understanding more about how auto insurance policy rates are formulated can assist in making smart choices when purchasing an auto insurance policy.

Volkswagen Touareg Insurance Rates in San Jose, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Touareg 3 Turbo Diesel AWD 4-Dr $412 $882 $574 $34 $172 $2,074 $173
Touareg 3.6 AWD 4-Dr $412 $882 $574 $34 $172 $2,074 $173
Get Your Own Custom Quote Go

Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Prices do not factor in specific garaging location which can alter premiums noticeably.

How high should deductibles be?

One of the most common insurance questions is the level to set your comp and collision deductibles. The comparisons below may aid in understanding the price difference when you buy lower versus higher deductibles. The first rate table uses a $250 physical damage deductible and the second data table uses a $1,000 deductible.

Volkswagen Touareg insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Touareg 3 Turbo Diesel AWD 4-Dr $430 $780 $442 $26 $132 $1,835 $153
Touareg 3.6 AWD 4-Dr $430 $780 $442 $26 $132 $1,835 $153
Get Your Own Custom Quote Go
Volkswagen Touareg insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Touareg 3 Turbo Diesel AWD 4-Dr $266 $490 $442 $26 $132 $1,356 $113
Touareg 3.6 AWD 4-Dr $266 $490 $442 $26 $132 $1,356 $113
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Information does not factor in garaging location in San Jose which can raise or lower premiums noticeably.

Using the premium rates above, we can conclude that using a $250 deductible would cost the average driver about $40 more each month or $480 annually averaged for all Touareg models than opting for the higher $1,000 deductible. Since you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you average at a minimum 19 months between claims, you would more than likely save some money going with the higher deductible.

The example below shows how choosing a deductible and can affect Volkswagen Touareg insurance premiums for different age categories. The premiums assume a married female driver, full physical damage coverage, and no discounts are factored in.

Cautious San Jose drivers save money

The illustration below demonstrates how speeding tickets and accident claims increase Volkswagen Touareg insurance prices for each age group. The data is based on a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are factored in.

Choosing Touareg insurance is an important decision

Despite the high cost, insurance is required in California but it also protects you in many ways.

  • The majority of states have mandatory liability insurance requirements which means it is punishable by state law to not carry a specific minimum amount of liability insurance coverage if you want to drive legally. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
  • If your Touareg has a loan, almost all lenders will require that you have physical damage coverage to guarantee their interest in the vehicle. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Volkswagen at a significantly higher premium and force you to reimburse them for it.
  • Insurance protects not only your vehicle but also your assets. It will also cover most medical and hospital costs for both you and anyone you injure as the result of an accident. One of the most valuable coverages, liability insurance, also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, your policy will cover the repair costs.

The benefits of buying enough insurance are without a doubt worth the cost, specifically if you ever have a liability claim. According to a recent study, the average American driver is wasting up to $830 a year so compare rate quotes at least once a year to ensure rates are inline.

You Can Change Your Insurance Prices

It's important that you understand some of the elements that help calculate auto insurance rates. If you know what determines premiums, this helps enable you to make changes that could result in big savings.

The list below includes some of the most common factors used by your company to calculate your premiums.

Fast cars cost more to insure - The make and model of the car or truck you are trying to find cheaper insurance for makes a huge difference in your car insurance bill. The best insurance prices will generally be found on lower performance four cylinder passenger models, but your final cost has many other factors.

The chart below uses these variables: married female driver age 50, full coverage with $1000 deductibles, and no discounts or violations. The data compares Volkswagen Touareg policy rates compared to other makes and models that have a range of performances.

Pleasure use or commuting - The more you drive your Volkswagen every year the more you'll pay to insure it. A lot of insurance companies apply a rate determined by how the vehicle is used. Cars and trucks not used for work or commuting receive lower rates than vehicles that have high annual mileage. It's a good idea to make sure your auto insurance policy reflects the correct driver usage, because it can save money. A policy that improperly rates your Touareg may be costing you.

Do safer cars cost less to insure? - Vehicles that have high safety ratings are cheaper to insure. Safe vehicles reduce injuries and any reduction in injury severity means lower claim amounts which can mean better rates for you. If your Volkswagen Touareg scored at minimum an "acceptable" rating on the Insurance Institute for Highway Safety website it may cost less to insure.

Deter theft and pay less - Buying a car that has an advanced theft prevention system can help lower your rates. Advanced theft deterrents like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all aid in stopping auto theft.

If you don't need it don't buy it - Policies have extra bells and whistles that you can get tricked into buying but may not be useful. Coverage for things like rental car coverage, accidental death, and extra equipment coverage may not be needed and are just wasting money. These may sound like a good investment when buying your policy, but your money might be better spent on other coverage so get rid of them and save.

Your address can push rates up or down - Having an address in small towns and rural areas is a positive aspect when buying auto insurance. People who live in big cities have to deal with traffic congestion and longer commutes to work. Fewer drivers on the road translates into fewer accidents and a lower car theft rate.

Poor credit can mean higher costs - Having a bad credit rating is likely to be a major factor in your rate calculation. If your credit score is not that good, you could pay less to insure your Volkswagen Touareg by improving your rating. People with very high credit ratings tend to be better drivers and file fewer claims than those with poor credit.

Car insurance liability protection limits - Liability coverage will provide protection if you are found to be at fault for personal injury or accident damage. It provides legal defense which can be incredibly expensive. Liability insurance is pretty cheap compared to physical damage coverage, so do not skimp.

Volkswagen Touareg insurance loss statistics - Insurance companies use statistical claims data to help set a rate to offset losses. Vehicles that are shown to have higher claim amounts or frequency will have higher premium rates.

The table below demonstrates the collected loss data for Volkswagen Touareg vehicles. For each insurance policy coverage type, the loss probability for all vehicles, regardless of make, model or trim level, is considered to be 100. Values below 100 represent a good loss history, while values that are above 100 indicate a higher chance of having a claim or an increased chance of a larger loss.

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
BETTER
AVERAGE
WORSE

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

Lower rates by being persistent

While you're price shopping online, it's a bad idea to sacrifice coverage to reduce premiums. In many instances, someone dropped uninsured motorist or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to purchase plenty of coverage at the best cost while still protecting your assets.

Insureds who switch companies do it for a variety of reasons including questionable increases in premium, high rates after DUI convictions, unfair underwriting practices or being labeled a high risk driver. Whatever your reason, finding a new auto insurance company is easier than you think.

We just presented quite a bit of information on how to reduce Volkswagen Touareg insurance premium rates online in San Jose. It's most important to understand that the more times you quote, the better likelihood of getting low cost San Jose car insurance quotes. You may even be surprised to find that the lowest priced auto insurance comes from a small local company.

Even more information is located in the articles below: