How to Compare Arlington Volkswagen Beetle Insurance

We don’t have to point out that fact that car insurance companies want to keep you from comparing prices. People who shop around will probably buy a new policy because the odds are good of finding a more affordable policy. Surprisingly, a recent survey revealed that people who did price comparisons regularly saved $860 a year compared to people who never compared rates.

If finding the lowest rates on Volkswagen Beetle insurance is your ultimate target, then having an understanding of how to find companies and compare insurance premiums can help make the process easier.

Insurance for Volkswagen BeetleIf you want to find the absolute lowest rates, then the best way to find more affordable Volkswagen Beetle insurance is to start doing an annual price comparison from different companies in Arlington. You can compare rates by following these steps.

  1. Try to understand how auto insurance works and the measures you can take to prevent expensive coverage. Many risk factors that result in higher rates such as inattentive driving and a negative credit history can be controlled by making small lifestyle or driving habit changes. This article gives ideas to get cheaper rates and find more discounts that you may not know about.
  2. Get rate quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from a single company like Progressive or Farmers Insurance, while independent agencies can quote prices for a wide range of insurance providers. Begin your rate comparison
  3. Compare the new rate quotes to your existing policy to see if a cheaper price is available. If you can save some money, make sure coverage is continuous and does not lapse.
  4. Provide notification to your current company to cancel your current policy. Submit a signed application and payment for the new coverage. Immediately upon receiving it, put the certificate of insurance in an easily accessible location.

An essential thing to point out is to try to compare similar deductibles and liability limits on every quote request and and to get prices from as many different companies as possible. This helps ensure an accurate price comparison and and a good selection of different prices.

Finding the cheapest auto insurance coverage in Arlington is really not that difficult. Virtually everyone who wants cheaper auto insurance most likely will be able to cut their insurance bill. But Texas car owners can benefit by having an understanding of the way insurance companies calculate your policy premium and use it to find better rates.

Data for Volkswagen Beetle insurance

The coverage information displayed below highlights a range of insurance policy prices for Volkswagen Beetle models. Learning more about how insurance prices are established can assist in making smart choices when selecting a policy.

Volkswagen Beetle Insurance Rates in Arlington, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Beetle S 2-Dr Hatchback $208 $400 $324 $20 $96 $1,048 $87
Beetle 2-Dr Convertible $270 $472 $252 $14 $76 $1,084 $90
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Premium amounts do not factor in your specific Arlington location which can raise or lower rates noticeably.

Comparison of policy deductibles

One frequently asked question is which deductibles should you choose. The data tables below lay out the rate differences between low and high physical damage coverage deductibles. The first set of rates uses a $100 physical damage deductible and the second set of prices uses a $1,000 deductible.

Volkswagen Beetle insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Beetle S 2-Dr Hatchback $286 $592 $324 $20 $96 $1,343 $112
Beetle 2-Dr Convertible $370 $698 $252 $14 $76 $1,435 $120
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Volkswagen Beetle insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Beetle S 2-Dr Hatchback $158 $312 $324 $20 $96 $910 $76
Beetle 2-Dr Convertible $206 $368 $252 $14 $76 $916 $76
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Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Prices do not factor in specific location which can increase or decrease rates greatly.

Using the premium rates above, we can conclude that using a $100 deductible will cost you about $40 more each month or $480 for a full year across all Volkswagen Beetle models than buying the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you average more than 23 months between claim filings, you would save money if you choose the higher deductible. The illustration below shows an example of how we made this calculation.

Average monthly premium for $100 deductibles: $116
Average monthly premium for $1,000 deductibles (subtract): – $76
Monthly savings from raising deductible: $40
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $40
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

One important note is that raising deductibles to get cheaper rates means you will have to cover more of the damage yourself when you have a claim. That will necessitate enough money stashed away in the event you need to pay more to get your vehicle repaired.

The chart below highlights how deductible choice and can influence Volkswagen Beetle annual premium costs for different ages of insureds. The costs are based on a married male driver, comprehensive and collision coverage, and no discounts are taken into consideration.

Insurance rates by gender and age

The illustration below shows the difference between Volkswagen Beetle premium costs for male and female drivers. The costs are based on a clean driving record, no claims, comp and collision included, $100 deductibles, marital status is single, and no policy discounts are applied.

Do you need full coverage?

The diagram below illustrates the comparison of Volkswagen Beetle insurance costs with liability coverage only compared to full coverage. The premiums are based on no claims, a clean driving record, $500 deductibles, drivers are single, and no discounts are applied.

When to drop comprehensive and collision

There is no definitive formula for dropping comp and collision coverage, but there is a general school of thought. If the annual cost of your full coverage insurance is more than about 10% of replacement cost minus your deductible, then you might want to consider buying only liability coverage.

For example, let’s assume your Volkswagen Beetle book value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company will settle for is $3,000 after you pay the deductible. If premiums are more than $300 a year for your policy with full coverage, then you might want to think about dropping full coverage.

There are some conditions where dropping full coverage is not in your best interest. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.

Informed Consumers Can Lower Their Insurance Premiums

Many things are taken into consideration when you get your auto insurance bill. Some are obvious such as your driving record, but other factors are less apparent such as your credit history and annual miles driven.

Teen drivers cost more – Mature drivers have been proven to be more responsible, tend to file fewer claims, and get fewer tickets. Teen drivers are proven to be inattentive and easily distracted when driving with friends so they pay higher insurance rates.

The data below assumes a single driver, full coverage with $100 deductibles, and no discounts or violations.

Good drivers pay the best rates – Having just one ticket can increase the cost of insurance forty percent or more. Attentive drivers have lower premiums as compared to those with violations. Drivers with license-revoking violations like hit and run, DWI or reckless driving convictions may find that they have to to maintain a SR-22 with their state’s department of motor vehicles in order to legally drive.

The diagram below demonstrates how citations and at-fault accidents impact Volkswagen Beetle car insurance rates for different age groups. The premiums assume a married female driver, full physical damage coverage, $250 deductibles, and no discounts are taken into consideration.

Bad credit hurts insurance prices – An insured’s credit rating is a big factor in your rate calculation. Insureds with very high credit ratings tend to be more responsible and file fewer claims than drivers with poor credit. Therefore, if your credit score can be improved, you may save money insuring your Volkswagen Beetle by taking the time to improve your credit score.

How much liability protection – Liability insurance is the protection if ever a court rules you are at fault for causing personal injury or damage in an accident. Liability insurance provides legal defense to defend your case. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so do not cut corners here.

Claims statistics for a Volkswagen Beetle – Car insurance companies use data from past claims as a tool for profitable underwriting. Vehicles that historically have higher prevalence or dollar amount of losses will cost more for specific coverages.

The next table illustrates the insurance loss data for Volkswagen Beetle vehicles. For each coverage type, the claim amount for all vehicles, without regard to make or model, is considered to be 100. Values that are 100 or less mean the vehicle has better than average losses, while values that are above 100 indicate more frequent claims or a tendency for claims to be larger.

Volkswagen Beetle Insurance Loss Statistics
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Volkswagen Beetle 101 93 101 85 95 101
Volkswagen Beetle Convertible 85 78 95 76 89 79

Statistics from for 2013-2015 Model Years

More effort can pay off

When buying insurance coverage, never reduce needed coverages to save money. Too many times, someone dropped physical damage coverage and discovered at claim time that the small savings ended up costing them much more. Your aim should be to purchase plenty of coverage for the lowest price.

In this article, we presented many tips how you can lower your Volkswagen Beetle insurance car insurance rates in Arlington. The key concept to understand is the more times you quote, the better likelihood of getting low cost Arlington auto insurance quotes. Drivers may even discover the lowest priced insurance comes from some of the smallest insurance companies. Regional companies often have lower premium rates on specific markets than the large multi-state companies such as Allstate and Progressive.

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