Best Volkswagen Eos Insurance in Portland

The easiest way to get budget Volkswagen Eos insurance is to regularly compare prices from different companies in Portland.

• First, spend a few minutes and learn about car insurance and the measures you can take to prevent expensive coverage. Many things that cause rate increases like careless driving and a bad credit rating can be remedied by making minor driving habit or lifestyle changes.
• Second, compare prices from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like GEICO or State Farm, while agents who are independent can quote rates for a wide range of insurance providers. View a list of agents
• Third, compare the new rate quotes to your current policy to see if cheaper Eos coverage is available in Portland. If you find a lower rate quote, make sure the effective date of the new policy is the same as the expiration date of the old one.
• Fourth, provide notification to your current company of your intention to cancel your existing policy and submit a down payment along with a completed application to the new insurer. Make sure you keep the new certificate verifying coverage with your vehicle’s registration.

One thing to point out is to try to use similar limits and deductibles on each quote request and and to get rate quotes from as many companies as feasibly possible. Doing this provides an accurate price comparison and a thorough price selection.

Regrettably, most drivers in Oregon kept buying from the same company for four years or more, and roughly 40% of drivers have never compared rate quotes at all. The average driver in the U.S. could save themselves roughly $860 a year just by getting comparison quotes, but they don’t believe the rate savings if they moved their coverage to a different company.

The goal of this article is to help you learn how insurance works and also pocket some savings If you have coverage now, you will definitely be able to reduce the price you pay using these tips. Although Oregon car owners do need to learn how companies sell insurance online and apply this information to your search.

Insurance statistics and figures

The coverage information shown below showcases a range of coverage prices for Volkswagen Eos models. Learning more about how insurance premiums are established can be of help when making decisions on which coverage to buy.

Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Premium costs do not factor in specific garaging location which can lower or raise prices greatly.

How high should deductibles be?

One common question asked by Portland drivers is how high or low should comp and collision deductibles be. The figures shown below can help you visualize the price difference when you select higher and lower comp and collision deductibles. The first set of rates uses a $100 deductible and the second rate chart uses a $1,000 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Oregon minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Table data does not factor in garaging location in Portland which can increase or decrease premium rates greatly.

Based on the figures above, using a $100 deductible costs about $37 more each month or $444 for a full year than buying the higher $1,000 deductible. Because you would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have at a minimum 24 months between claim filings, you would save more money going with the higher deductible. The table below shows a better example of how you can make this decision for your own policy.

One important caveat is that raising deductibles to get cheaper rates results in a higher out-of-pocket expense when you file a claim. That will necessitate some available funds in the event you have to pay the deductible for vehicle repair.

Responsible drivers pay cheaper insurance rates

The information below demonstrates how speeding tickets and at-fault claims increase Volkswagen Eos insurance premiums for different age groups. Data assumes a single male driver, full coverage, $250 deductibles, and no additional discounts are factored in.

Smart Consumers Save Money

Many factors are used in the calculation when premium rates are determined. Some are pretty understandable like your driving record, although others are less obvious such as your marital status or how safe your car is. Consumers need to have an understanding of a few of the rating criteria that go into determining the price you pay for auto insurance. If you have some idea of what determines base rates, this enables you to make decisions that can help you get lower rates.

Listed below are just a few of the factors used by your company to calculate your prices.

• Frequent insurance claims increase auto insurance rates – Car insurance companies in Oregon give cheaper rates to people who are not frequent claim filers. If you are a frequent claim filer, you can look forward to either policy cancellation or increased premiums. Your car insurance is intended to be relied upon for larger claims.
• More miles driven equals more premium – The higher the mileage driven annually the more you’ll pay to insure your vehicle. Most companies calculate rates based on how the vehicle is used. Cars and trucks not used for work or commuting can get a lower rate than cars that get driven a lot. Improper usage on your Eos can cost quite a bit. It’s a good idea to make sure your policy is showing the correct driver usage.

• Costs go up with performance – The type of vehicle you own makes a big difference in your auto insurance rates. The lowest base rates are usually found on lower performance four cylinder passenger cars, but that’s not the only thing that factors into the final price.

  The following chart assumes a married female driver age 30, full coverage with $500 deductibles, and no discounts or violations. The chart compares Volkswagen Eos insurance premiums compared to other models of vehicles that have different risk factors.

• Your credit history is important – A driver’s credit score can be a huge factor in your rate calculation. If your credit is low, you could potentially save money when insuring your Volkswagen Eos by spending a little time repairing your credit. People with very high credit ratings tend to be more responsible than those with lower credit ratings.
• Higher rates for demanding occupations – Did you know your auto insurance rates can be affected by your occupation? Careers like judges, business owners, and stock brokers are shown to have higher premiums than the average policyholder in part from high stress and lots of time spent away from family. On the other hand, professions such as scientists, athletes and homemakers have lower than average premiums.
• Extra coverages can add up – There are a lot of extra coverages you can purchase on your auto insurance policy. Things like coverage for rental cars, better glass coverage, and extra life insurance coverage are examples of these. You may think they are a good idea when discussing your needs, but now you might not need them so think about removing them and cutting costs.

• Volkswagen Eos insurance loss data – Insurance companies factor in historical loss data to determine a price that will be profitable for them. Vehicles that the statistics show to have increased claim numbers or amounts will have higher rates for specific coverages.

  The table below shows the historical insurance loss data for Volkswagen Eos vehicles. For each type of coverage, the claim amount for all vehicles averaged together is equal to 100. Percentage values below 100 indicate a favorable loss history, while numbers above 100 point to more frequent losses or an increased probability of a larger loss.

  
  

  Volkswagen Eos Insurance Loss Statistics

  Vehicle Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Volkswagen Eos Convertible	88	77	78	76

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics from IIHS.org for 2013-2015 Model Years

The best insurance company isn’t always the cheapest

We’ve covered many ways to lower your Volkswagen Eos insurance prices in Portland. The key concept to understand is the more rate quotes you have, the higher the chance of saving money. You may even find the best prices are with a smaller regional carrier. Smaller companies may often insure only within specific states and give better rates as compared to the big name companies such as GEICO and State Farm.

Some companies don’t offer the ability to get a quote online and these small, regional companies only sell coverage through independent agencies. The cheapest Volkswagen Eos insurance in Portland can be bought both online in addition to local insurance agencies, so you should compare both in order to have the best chance of saving money.

Much more information about insurance in Oregon can be found at the links below

• Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
• Who Has the Cheapest Auto Insurance for Active Military in Portland? (FAQ)
• Who Has Cheap Portland Auto Insurance Quotes for 19 Year Olds? (FAQ)
• Drunk Driving Statistics (Insurance Information Institute)
• Teen Driver Statistics (Insurance Information Institute)
• Reducing Your Risks in a Car Crash Video (iihs.org)
• Your Car has been Stolen: Now What? (Allstate)