Volkswagen Jetta insurance image courtesy of QuoteInspector.com
Are you at wits end from sacrificing to pay insurance each month? You're in the same situation as many other Kentucky drivers.
We don't have to point out that fact that auto insurance companies don't want you to compare rates. Insureds who do rate comparisons will presumably buy a new policy because there is a good probability of finding a lower-priced policy. A study showed that consumers who compared price quotes annually saved as much as $850 each year compared to other drivers who never shopped around for cheaper prices.
If finding the cheapest rates on car insurance in Louisville is your ultimate target, then having some insight into how to shop for insurance coverage can make it simple to find affordable coverage.
How to buy low-cost Volkswagen Jetta insurance in Louisville
It takes a little time, but the best way to get low-cost Volkswagen Jetta insurance in Louisville is to annually compare prices from insurers that sell auto insurance in Kentucky. Prices can be compared by following these guidelines.
- Learn about the coverage provided by your policy and the factors you can control to keep rates low. Many rating factors that increase rates like speeding and a substandard credit history can be eliminated by making minor changes in your lifestyle. Read the full article for more ideas to lower rates and get additional discounts that may have been overlooked.
- Get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give prices from a single company like GEICO or State Farm, while agents who are independent can provide rate quotes from multiple companies.
- Compare the quotes to your existing policy to see if a cheaper price is available in Louisville. If you find a lower rate, make sure there is no coverage gap between policies.
The key thing to know about shopping around is to compare identical deductibles and limits on every price quote and and to get prices from as many different companies as possible. Doing this ensures a level playing field and a good representation of prices.
Companies like GEICO and Progressive promote their brand names with catchy ads and consumers find it hard to sift through the bull and take the time to shop coverage around.
You Can Change Your Insurance Rates
An important part of buying insurance is that you know the different types of things that come into play when calculating the price you pay for auto insurance. If you know what controls the rates you pay, this allows you to make educated decisions that will entitle you to cheaper rates. Lots of factors are used when you get a price on insurance. A few of the factors are predictable such as traffic violations, but others are less obvious like your vehicle usage and annual miles driven.
Gaps in coverage mean higher rates - Not maintaining insurance is illegal and as a result your rates will increase for letting your insurance lapse for non-payment. And not only will your rates increase, failure to provide proof of insurance will get you fines and jail time.
Pleasure use saves money - The higher the miles on your Volkswagen every year the more you will pay for auto insurance. Most companies apply a rate based upon how you use the vehicle. Cars not used for work or commuting can be on a lower rate level than cars that get driven a lot. An improperly rated Jetta can result in significantly higher rates. Double check that your declarations sheet states how each vehicle is driven, because it can save money.
High physical damage deductibles equal low rates - Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, covers your vehicle from damage. Some examples of claims that would be covered are colliding with a building, hitting a deer, and damage caused by flying debris. The deductibles you choose define the amount you are willing to pay before your auto insurance pays a claim. The higher the amount the insured has to pay upfront, the better rate you will receive.
File policy claims and pay more - Insurance companies in Kentucky give the best rates to people who are not frequent claim filers. If you tend to file frequent claims, you can definitely plan on either policy cancellation or increased premiums. Auto insurance is intended for larger claims.
Don't skimp on liability - Liability insurance is the protection if ever you are determined to be liable for causing damage or personal injury in an accident. Liability insurance provides for a legal defense to defend your case. This coverage is very inexpensive compared to insuring for physical damage coverage, so drivers should carry high limits.
Good drivers have lower prices - Just one moving violation can increase rates substantially. Drivers with clean records pay less for auto insurance compared to bad drivers. Drivers who get multiple tickets like DUI, reckless driving or excessive speeding may face state-mandated requirements to prove financial responsibility with their state's department of motor vehicles in order to keep their license.
The information below highlights how speeding tickets and fender-benders can influence Volkswagen Jetta car insurance costs for different insured age categories. The premiums assume a single male driver, full physical damage coverage, $1,000 deductibles, and no other discounts are factored in.
Type of car determines base costs - The make and model of the vehicle you are trying to find cheaper insurance for makes a big difference in your car insurance bill. Lower performance four cylinder passenger cars usually have the lowest rates, but that's not the only thing that factors into the final price.
The next chart assumes a married female driver age 50, full coverage with $100 deductibles, and no discounts or violations. It compares Volkswagen Jetta policy rates compared to other makes and models that have different performances.
Less chance of injury means lower prices - Cars with high safety ratings cost less to insure. These vehicles reduce the chance of injuries and lower injury rates means your insurance company pays less and thus lower rates. If your Volkswagen is rated at a minimum four stars on Safercar.gov or an "acceptable" rating on iihs.org you may qualify for a discount.
Volkswagen Jetta insurance loss statistics - Auto insurance companies use data from past claims as a tool for profitable underwriting. Models that historically have higher losses will have higher premium rates.
The table below illustrates the loss history for Volkswagen Jetta vehicles. For each type of coverage, the claim amount for all vehicles, as a total average, is set at 100. Percentage numbers below 100 suggest losses that are better than average, while numbers above 100 indicate more frequent losses or an increased chance of larger losses than average.
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Volkswagen Jetta Hybrid||128||121||114||104|
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Getting cheaper car insurance pricing is actually easier than you may think. Just spend a few minutes on the computer to compare rate quotes online from several insurance companies.
Comparing free rate quotes online is easy and it, makes it obsolete to spend time driving to and from local insurance agencies. Doing it all online eliminates the middleman unless you're the type of person who wants the professional abilities of a local agency. It is possible with some companies obtain prices from the web but still have the advice of a local agent.
The following companies have been selected to offer price quotes in Louisville, KY. To find the cheapest car insurance in Louisville, we recommend you get price quotes from several of them to get a more complete price comparison.
Volkswagen Jetta detailed coverage information
The rate table below highlights a range of prices for Volkswagen Jetta models. Learning more about how car insurance premiums are determined is important to be able to make smart choices when comparing insurance quotes.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Jetta S 4-Dr Sedan||$176||$336||$368||$22||$110||$1,012||$84|
|Jetta S 2.5 Station Wagon||$176||$336||$314||$18||$94||$938||$78|
|Jetta LE 4-Dr Sedan||$176||$336||$368||$22||$110||$1,012||$84|
|Jetta SE 4-Dr Sedan||$200||$396||$368||$22||$110||$1,096||$91|
|Jetta SE 2.5 Station Wagon||$200||$396||$314||$18||$94||$1,022||$85|
|Jetta 2.0T 4-Dr Sedan||$200||$396||$368||$22||$110||$1,096||$91|
|Jetta SEL 4-Dr Sedan||$200||$396||$368||$22||$110||$1,096||$91|
|Jetta 2.0T Station Wagon||$200||$396||$314||$18||$94||$1,022||$85|
|Get Your Own Custom Quote Go|
Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Table data does not factor in specific zip code location which can raise or lower coverage prices noticeably.
The hardest decision when buying coverage is where should you set your physical damage deductibles. The premium rates below approximate the difference in cost between low and high insurance deductibles. The first set of rates uses a $250 physical damage deductible and the second set of rates uses a $1,000 deductible.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Jetta S 4-Dr Sedan||$252||$426||$326||$20||$98||$1,147||$96|
|Jetta S 2.5 Station Wagon||$252||$426||$278||$16||$84||$1,081||$90|
|Jetta LE 4-Dr Sedan||$252||$426||$326||$20||$98||$1,147||$96|
|Jetta SE 4-Dr Sedan||$284||$500||$326||$20||$98||$1,253||$104|
|Jetta SE 2.5 Station Wagon||$284||$500||$278||$16||$84||$1,187||$99|
|Jetta 2.0T 4-Dr Sedan||$284||$500||$326||$20||$98||$1,253||$104|
|Jetta SEL 4-Dr Sedan||$284||$500||$326||$20||$98||$1,253||$104|
|Jetta 2.0T Station Wagon||$284||$500||$278||$16||$84||$1,187||$99|
|Get Your Own Custom Quote Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Jetta S 4-Dr Sedan||$156||$268||$326||$20||$98||$868||$72|
|Jetta S 2.5 Station Wagon||$156||$268||$278||$16||$84||$802||$67|
|Jetta LE 4-Dr Sedan||$156||$268||$326||$20||$98||$868||$72|
|Jetta SE 4-Dr Sedan||$176||$316||$326||$20||$98||$936||$78|
|Jetta SE 2.5 Station Wagon||$176||$316||$278||$16||$84||$870||$73|
|Jetta 2.0T 4-Dr Sedan||$176||$316||$326||$20||$98||$936||$78|
|Jetta SEL 4-Dr Sedan||$176||$316||$326||$20||$98||$936||$78|
|Jetta 2.0T Station Wagon||$176||$316||$278||$16||$84||$870||$73|
|Get Your Own Custom Quote Go|
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Price information does not factor in your specific Louisville location which can increase or decrease premium rates significantly.
We can derive from the above data that using a $250 deductible will cost in the ballpark of $25 more each month or $300 for a full year 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 go at a minimum 30 months between claim filings, you would most likely save money by selecting a higher deductible. The table below shows the way you can do this calculation yourself.
|Average monthly premium for $250 deductibles:||$99|
|Average monthly premium for $1,000 deductibles (subtract):||- $74|
|Monthly savings from raising deductible:||$25|
|Difference between deductibles ($1,000 - $250):||$750|
|Divide difference by monthly savings:||$750 / $25|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||30 months|
One big caveat is that higher deductibles means you will have to pay more out-of-pocket when you file a claim. That will require some extra savings in the event you need to pay the higher deductible in order to repair your vehicle.
Do you need full coverage?
The chart below illustrates the difference between Volkswagen Jetta insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Kentucky. Data assumes no accidents, no driving violations, $250 deductibles, marital status is single, and no discounts are factored in.
When to stop paying for full coverage
There isn't a steadfast formula that is best for determining when to drop physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than around 10% of the vehicle's replacement cost less your deductible, the it may be a good time to stop paying for full coverage.
For example, let's assume your Volkswagen Jetta replacement cost is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would receive is $4,000 after the policy deductible has been paid. If premiums are more than $400 annually to have full coverage, then you might consider buying liability only.
There are a few cases where eliminating full coverage is not recommended. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not remove full coverage.
Buying the right vehicle insurance in Kentucky is an important decision
Even though it's not necessarily cheap to insure a Volkswagen in Louisville, auto insurance may be mandatory for several reasons.
First, most states have compulsory liability insurance requirements which means you are required to buy specific minimum amounts of liability protection in order to drive the car. In Kentucky these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a lien on your Jetta, almost all lenders will have a requirement that you have physical damage coverage to guarantee loan repayment. If the policy lapses, the bank will be required to insure your Volkswagen for a much higher rate and make you pay for it.
Third, insurance protects your Volkswagen Jetta and your assets. It also can pay for many types of medical costs for you, your passengers, and anyone else injured in an accident. Liability insurance will also pay attorney fees if you are sued as the result of an accident. If your Volkswagen gets damaged, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.
The benefits of insuring your Jetta more than cancel out the cost, particularly for liability claims. Despite what companies tell you, the average driver is currently overpaying as much as $865 each year so it's important to compare rates once a year at a minimum to save money.
Affordable Volkswagen Jetta insurance in Louisville
Insurance is not an enjoyable expense, but there may be some discounts that can drop the cost substantially. Certain discounts will be applied when you purchase, but a few must be specifically requested before they will apply.
- Paper-free Discount - A handful of companies may give you up to $50 get Louisville car insurance on your computer.
- Drive Less and Save - Fewer annual miles on your Volkswagen could be rewarded with substantially lower premium rates.
- Discount for Multiple Policies - If you insure your home and vehicles with one company you could earn a discount of as much as 10 to 15 percent.
- Military Discounts - Being deployed with a military unit may qualify for rate reductions.
- Multi-Vehicle Discounts - Buying coverage for several vehicles with one company may reduce the rate for each vehicle.
- Employee of Federal Government - Active or retired federal employment may qualify for a discount when you quote Louisville car insurance depending on your insurance provider.
Discounts save money, but please remember that some credits don't apply to the entire cost. Most only apply to specific coverage prices like physical damage coverage or medical payments. Just because you may think you could get a free insurance policy, you're out of luck.
The example below compares Volkswagen Jetta car insurance costs with and without some available policy discounts. The premiums assume a male driver, no violations or accidents, Kentucky state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, claim-free, homeowner, multi-car, and safe-driver discounts applied.
A few companies that possibly offer most of these discounts include:
Double check with every insurance company which discounts you qualify for. All car insurance discounts might not be offered in Louisville.
Insurance agent or online?
Many people still prefer to go talk to an agent and that is not a bad decision Good agents can help you choose the best coverages and give you someone to call. An additional benefit of comparing rates online is the fact that drivers can get cheap rate quotes and still have a local agent. And supporting neighborhood agents is important particularly in Louisville.
After completing this simple form, the coverage information is submitted to participating agents in Louisville who will gladly provide quotes for your business. It simplifies rate comparisons since you won't have to search for an agent since price quotes are sent directly to your email. If you have a need to quote rates from a specific auto insurance provider, you just need to navigate to their website and complete a quote there.
If you prefer to buy auto insurance from a reliable insurance agency, it's important to understand the different types of agencies and how they can service your needs differently. Auto insurance policy providers are considered either independent (non-exclusive) or exclusive. Either can write policy coverage, but it is a good idea to know the difference in the companies they write for since it can affect which type of agent you select.
Independent insurance agents do not write with just one company and that enables them to quote your coverage through many companies and get you the best rates possible. If they find a cheaper price, your policy is moved internally and the insured can keep the same agent.
If you are comparing auto insurance prices, it's a good idea to include rate quotes from several independent agencies to maximize your price options.
Listed below are Louisville independent agencies who can help you get comparison quotes.
Nationwide Insurance: Christopher James Parsons Agency
10300 Brookridge Village Blvd Ste 103 - Louisville, KY 40291 - (502) 239-5054 - View Map
Exclusive Insurance Agencies
Agents that choose to be exclusive generally can only insure with one company and examples are State Farm, Allstate, and Farm Bureau. They generally cannot provide rate quotes from other companies so if the price isn't competitive there isn't much they can do. They receive extensive training on their company's products which helps them compete with independent agents.
Shown below are Louisville exclusive agencies willing to provide rate quotes.
Brandon Warren - State Farm Insurance Agent
12342 Shelbyville Rd - Louisville, KY 40243 - (502) 254-9300 - View Map
Finding the right auto insurance agent needs to be determined by more than just the quoted price. Here are some questions you should ask.
- Are they involved in claim handling?
- How long has their agency been in business in Louisville?
- Does the company have a solid financial rating?
- How long have they worked with personal auto insurance coverage?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
Persistence will pay off
We just showed you quite a bit of information on how to lower your Volkswagen Jetta insurance auto insurance rates in Louisville. The key concept to understand is the more price quotes you have, the higher the chance of saving money. Consumers may even find the lowest auto insurance rates are with a company that doesn't do a lot of advertising. Regional companies may only write in your state and offer lower premium rates than their larger competitors like Progressive or GEICO.
Budget-conscious Volkswagen Jetta insurance can be bought both online as well as from independent agents in Louisville, so you need to shop Louisville car insurance with both to have the best selection. A few companies may not offer price quotes online and most of the time these smaller providers only sell coverage through local independent agents.
As you restructure your insurance plan, do not buy less coverage just to save a little money. There are many occasions where an accident victim reduced liability limits or collision coverage only to regret at claim time they didn't purchase enough coverage. The ultimate goal is to buy the best coverage you can find for the lowest price, but do not sacrifice coverage to save money.
Steps to finding cheaper rates for Volkswagen Jetta insurance in Louisville
If saving the most money is your goal, then the best way to find low-cost Volkswagen Jetta insurance in Louisville is to start comparing rates regularly from insurance carriers in Kentucky. You can compare rates by completing these steps.
Step 1: Read and learn about how companies set rates and the measures you can take to prevent expensive coverage. Many rating factors that result in higher prices like careless driving and a low credit rating can be eliminated by paying attention to minor details.
Step 2: Compare rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only quote rates from a single company like Progressive or State Farm, while independent agents can provide price quotes for many different companies.
Step 3: Compare the new quotes to the price on your current policy and determine if cheaper Jetta coverage is available in Louisville. If you can save money and buy the policy, make sure there is no coverage gap between policies.
Step 4: Tell your current company of your intention to cancel your current car insurance policy. Submit the application along with any required down payment to your new carrier. Make sure you put the certificate verifying coverage with your vehicle's registration.
A valuable tip to remember is to make sure you're comparing the same coverage limits and deductibles on each quote request and and to get rates from as many companies as possible. This enables a fair price comparison and a thorough price selection.
More tips and info about car insurance is available in the articles below:
- Get the Right Protection (InsureUonline.org)
- How Much is Louisville Auto Insurance for a Learners Permit? (FAQ)
- How Much is Car Insurance for Young Drivers in Louisville? (FAQ)
- Should I Buy a New or Used Car? (Allstate)
- Rental Reimbursement Coverage (Allstate)
- Preventing Carjacking and Theft (Insurance Information Institute)