How long have you put off shopping around for the cheapest Volkswagen Eos insurance in Phoenix? Overpriced Volkswagen Eos insurance in Phoenix can diminish your personal savings and make it hard to pay other bills. Doing a price comparison is recommended to slash your bill and have more diposable income.
It’s hard to believe, but over 70% of Arizona drivers have bought auto insurance from the same company for more than four years, and almost half have never taken the time to shop around. Many consumers in the U.S. could pocket as much as 46.5% a year by just comparing quotes, but they mistakenly think it’s difficult to find cheaper auto insurance rates.
Many auto insurance companies vie for your insurance dollar, and it can be difficult to compare rates to get the best price available on Volkswagen Eos insurance in Phoenix.
It’s smart to price shop coverage occasionally since insurance rates are variable and change quite frequently. Despite the fact that you may have had the lowest rate on Volkswagen Eos insurance in Phoenix two years ago you may be paying too much now. There is a lot of wrong information about Eos insurance on the web, but in this article, you’re going to get a lot of great tips on how to lower your auto insurance rates in Phoenix.
If you have a current insurance policy, you will surely be able to find the best rates using the concepts you’re about to learn. Locating the most cost-effective insurance policy in Phoenix is really not that difficult. Nevertheless, Arizona drivers can benefit from knowing how companies market on the web because rates fluctuate considerably.
It’s important to know that quoting more will increase your chances of finding a lower rate than you’re paying now. Not every company does Phoenix Eos insurance quotes online, so it’s important to also get rates from them, too.
The following companies provide price quotes in Arizona. If several companies are displayed, we recommend you visit several of them to find the cheapest car insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| EOS Komfort Turbo 2-Dr Convertible | $236 | $456 | $404 | $24 | $122 | $1,242 | $104 |
| EOS Luxury Turbo 2-Dr Convertible | $262 | $460 | $300 | $18 | $90 | $1,130 | $94 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Information does not factor in specific location information which can raise or lower rates considerably.
Impact of violations and accidents on rates in Phoenix
The example below demonstrates how speeding tickets and fender-benders drive up Volkswagen Eos insurance rates for different ages of insureds. The data is based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no policy discounts are applied.
Full coverage rates vs. liability-only
The illustration below illustrates the comparison of Volkswagen Eos insurance premiums with full coverage and liability only. The information is based on no claims or violations, $500 deductibles, single female driver, and no policy discounts are applied.
When to buy liability coverage only
There is no clear-cut rule of when to stop paying for physical damage insurance, but there is a general guideline you can use. If the annual cost of coverage is more than around 10% of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.
For example, let’s assume your Volkswagen Eos book value is $7,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, you would only receive $6,000 after paying the physical damage deductible. If you are paying in excess of $600 annually for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.
There are some situations where dropping full coverage is not advised. If you still owe money on your vehicle, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should keep full coverage on your policy.
Insuring your Eos just makes sense
Despite the fact that insurance is not cheap in Phoenix, insurance may be mandatory for several reasons.
- Just about all states have minimum mandated liability insurance limits which means you are required to buy specific minimum amounts of liability insurance if you don’t want to risk a ticket. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you took out a loan on your Eos, almost all lenders will require you to buy insurance to guarantee loan repayment. If you do not keep the policy in force, the lender may have to buy a policy to insure your Volkswagen at a much higher premium rate and require you to reimburse them the higher price.
- Insurance preserves both your vehicle and your personal assets. It will also provide coverage for medical transport and hospital expenses for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if you are sued as the result of your driving. If damage is caused by hail or an accident, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.
The benefits of having insurance outweigh the cost, especially if you ever need it. An average driver in America overpays more than $810 a year so compare rates at every policy renewal to save money.
Earn discounts on Phoenix car insurance
The price of auto insurance can be rather high, but companies offer discounts that could help you make your next renewal payment. Some trigger automatically when you get a quote, but once in a while a discount must be asked for before you will receive the discount.
- Auto/Home Discount – If you combine your auto and homeowners policies with one company you could earn a discount of over 10 percent off each policy depending on the company.
- Organization Discounts – Having an affiliation with certain professional organizations could earn you a nice discount when getting a Phoenix car insurance quote.
- Fewer Miles Equal More Savings – Fewer annual miles on your Volkswagen could be rewarded with lower car insurance rates on the low mileage vehicles.
- Include Life Insurance and Save – Not all insurance companies offer life insurance, but some may give you a discount if you purchase auto and life insurance together.
- Air Bag Discount – Cars that have air bags can qualify for discounts of 25 to 30%.
You can save money using discounts, but most of the big mark downs will not be given to the whole policy. Most only reduce the price of certain insurance coverages like liability and collision coverage. Despite the fact that it seems like it’s possible to get free car insurance, company stockholders wouldn’t be very happy.
To locate providers that offer multiple discounts in Phoenix, click here to view.
Local Phoenix insurance agents and auto insurance
Many people prefer to visit with an insurance agent and that is not a bad decision One of the great benefits of getting free rate quotes online is that you can find cheap auto insurance quotes and still choose a local agent. And supporting local insurance agencies is important especially in Phoenix.
For easy comparison, once you complete this short form, your coverage information is sent to insurance agents in Phoenix who want to provide quotes for your auto insurance coverage. There is no reason to contact an agency because prices are sent straight to your inbox. You can most likely find cheaper rates AND an agent nearby. If you wish to compare prices for a specific company, feel free to find their quoting web page to submit a rate quote request.
Different types of Phoenix car insurance agents
If you need to find a reputable insurance agent or broker, it helps to know the two different agency structures that differ in how they can insure your vehicles. Phoenix agents may be either exclusive or independent (non-exclusive).
Independent Agents (or Brokers)
Independent agents are not limited to a single company so they can quote policies with multiple insurance companies and find the cheapest auto insurance rates. If they find a cheaper price, your policy is moved internally and the insured can keep the same agent.
When comparing rate quotes, it’s recommended you get insurance quotes from several independent agencies to ensure the widest selection of prices.
Featured below are independent agencies in Phoenix who may be able to give you rate quotes.
American Premier Insurance Agency
16815 S Desert Foothills Pkwy #140 – Phoenix, AZ 85048 – (480) 423-3444 – View Map
Horizon Insurance Group
2880 E Northern Ave #100 – Phoenix, AZ 85028 – (602) 992-9750 – View Map
LA Insurance Agency
7602 S Central Ave – Phoenix, AZ 85042 – (602) 276-0002 – View Map
Exclusive Agents
These type of agents generally can only insure with one company and examples are State Farm, Allstate, and Farm Bureau. They generally cannot compare rates from other companies so they are skilled at selling on more than just price. Exclusive insurance agents are usually quite knowledgeable on their products and sales techniques and that can be a competitive advantage.
Shown below is a short list of exclusive insurance agents in Phoenix that can give you price quotes.
Mary Parada – State Farm Insurance Agent
3414 W Bell Rd – Phoenix, AZ 85053 – (602) 942-9202 – View Map
Marcella Busto – State Farm® Insurance Agent
3401 N 32nd St B – Phoenix, AZ 85018 – (602) 955-5450 – View Map
Andra Jeffress – State Farm Insurance Agent
1704 W Bethany Home Rd – Phoenix, AZ 85015 – (602) 249-1037 – View Map
Deciding on a insurance agent requires more thought than just the premium amount. Before buying a policy in Phoenix, get answers to these questions.
- Did they already check your driving record and credit reports?
- How will an accident affect your rates?
- Is auto insurance their primary focus in Phoenix?
- If your car is totalled, how to they determine the replacement cost?
- Are they giving you every discount you deserve?
- Will they take your side in the event of a claim?
After receiving positive responses for all questions you ask and an acceptable price quote, it’s a good possibility that you have found an insurance agent that is reputable and can properly insure your vehicles.
What insurance coverages do I need?
When quoting and comparing your policy for your personal vehicles, there really is no one-size-fits-all type of policy. Every insured’s situation is different.
For instance, these questions can aid in determining whether your personal situation could use an agent’s help.
- What is PIP insurance?
- How much liability do I need to cover my assets?
- Does insurance cover damages from a DUI accident?
- Am I covered if I hit my neighbor’s mailbox?
- Am I covered if I drive in a foreign country?
- Should I bundle my homeowners policy with my auto?
- I have a DUI can I still get coverage?
- Exactly who is provided coverage by my policy?
If you don’t know the answers to these questions but a few of them apply, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form.
Car insurance coverages for a Volkswagen Eos
Knowing the specifics of auto insurance can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring.
Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage provides protection from other motorists when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.
Since a lot of drivers have only the minimum liability required by law (Arizona limits are 15/30/10), their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Usually these limits do not exceed the liability coverage limits.
Medical payments coverage and PIP – Med pay and PIP coverage reimburse you for bills like X-ray expenses, surgery, chiropractic care and dental work. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover you and your occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay
Comprehensive coverage – This pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, hail damage, damage from getting keyed, hitting a bird and rock chips in glass. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Liability insurance – This can cover damage that occurs to other’s property or people. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 15/30/10 which means a $15,000 limit per person for injuries, $30,000 for the entire accident, and property damage coverage for $10,000. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.
Liability coverage pays for things such as repair bills for other people’s vehicles, attorney fees, court costs, legal defense fees and medical expenses. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford. Arizona state law requires minimum liability limits of 15/30/10 but you should consider buying more liability than the minimum.
Collision coverages – Collision insurance covers damage to your Eos from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for things like hitting a mailbox, damaging your car on a curb, rolling your car and crashing into a ditch. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to raise the deductible on your Eos to save money on collision insurance.
Quote often and quote early
As you go through the steps to switch your coverage, it’s not a good idea to reduce coverage to reduce premium. There are many occasions where an insured cut liability coverage limits and found out when filing a claim they didn’t purchase enough coverage. Your focus should be to purchase plenty of coverage at an affordable rate but still have enough coverage for asset protection.
Consumers change insurance companies for many reasons like high prices, extreme rates for teen drivers, not issuing a premium refund and delays in responding to claim requests. No matter why you want to switch, finding a great new company can be less work than you think.
We’ve covered a lot of tips how to reduce Volkswagen Eos insurance premium rates online in Phoenix. The key thing to remember is the more quotes you get, the higher the chance of saving money. Consumers could even find that the best price on insurance is with the smaller companies.
Additional insurance information can be read at these links:
- How to Avoid Common Accidents (State Farm)
- Who Has the Cheapest Phoenix Auto Insurance for Ride Shares? (FAQ)
- Who Has Cheap Phoenix Auto Insurance Quotes for Homeowners? (FAQ)
- Who Has the Cheapest Auto Insurance for Nurses in Phoenix? (FAQ)
- Prom Night Tips for Teen Drivers (State Farm)
- Auto Insurance FAQ (Farmers Insurance)
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- Red Light Cameras (State Farm)