Save Money on Volkswagen Tiguan Insurance in Riverside

We don’t have to point out that fact that car insurance companies don’t want you to compare rates. People who compare rates once a year will probably buy a different policy because of the good chance of finding coverage at a cheaper rate. A recent survey discovered that consumers who shopped around annually saved over $850 each year compared to drivers who don’t make a habit of comparing rates.

If finding the most affordable insurance in Riverside is the reason you’re reading this, then understanding how to compare auto insurance can make it easier for you to save money.

Insurance rates Volkswagen Tiguan in RiversideThe best way to get cheaper Volkswagen Tiguan insurance in Riverside is to do a yearly price comparison from insurers in California.

First, try to comprehend how companies set rates and the things you can change to lower rates. Many things that result in higher rates like at-fault accidents, speeding tickets, and your credit history can be amended by making small lifestyle or driving habit changes.

Second, request rate estimates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only quote rates from one company like GEICO or Farmers Insurance, while independent agents can provide prices for many different companies.

Third, compare the price quotes to your current policy premium and determine if there is any savings. If you find a lower rate and change companies, make sure coverage does not lapse between policies.

A good piece of advice is to use the same physical damage deductibles and liability limits on each price quote and and to compare as many companies as possible. This ensures the most accurate price comparison and a complete rate analysis.

Buying the cheapest auto insurance in Riverside is actually quite easy if you know where to start. Just about every vehicle owner who is required by state law to have auto insurance will more than likely be able to find better rates. But California consumers need to have an understanding of how insurance companies price online insurance.

The most recommended method to compare insurance rates in your area utilizes the fact auto insurance companies pay for the opportunity to compare rate quotes. The only thing you need to do is provide a small amount of information like if it has an anti-theft system, your credit rating estimate, if you require a SR-22, and how your vehicles are used. Your rating data is automatically sent to many of the top insurers and they provide comparison quotes very quickly.

If you would like to compare rates now, click here and find out if lower rates are available in Riverside.

The providers in the list below are ready to provide price quotes in Riverside, CA. If several companies are displayed, we suggest you get prices from several of them to get a more complete price comparison.

Insurance statistics and figures

The rate information shown below highlights estimates of insurance rates for Volkswagen Tiguan models. Having insight into how insurance rates are formulated can be valuable when making decisions on the best policy coverages.

Volkswagen Tiguan Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tiguan S 2WD $326 $672 $424 $26 $128 $1,576 $131
Tiguan S 2WD $326 $672 $424 $26 $128 $1,576 $131
Tiguan SE 4Motion AWD $370 $792 $424 $26 $128 $1,740 $145
Tiguan SEL 4Motion AWD $370 $792 $424 $26 $128 $1,740 $145
Get Your Own Custom Quote Go

Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Price estimates do not factor in specific garaging location which can revise premiums significantly.

Higher deductibles lower rates

When buying insurance, a common question is where should you set your physical damage deductibles. The rates shown below may help to illustrate the price difference when you select higher and lower deductibles. The first data set uses a $100 deductible and the second price grid uses a $1,000 deductible.

Volkswagen Tiguan insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tiguan S 2WD $380 $686 $376 $22 $112 $1,601 $133
Tiguan S 2WD $380 $686 $376 $22 $112 $1,601 $133
Tiguan SE 4Motion AWD $430 $810 $376 $22 $112 $1,775 $148
Tiguan SEL 4Motion AWD $430 $810 $376 $22 $112 $1,775 $148
Get Your Own Custom Quote Go

Volkswagen Tiguan insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tiguan S 2WD $210 $362 $376 $22 $112 $1,082 $90
Tiguan S 2WD $210 $362 $376 $22 $112 $1,082 $90
Tiguan SE 4Motion AWD $238 $426 $376 $22 $112 $1,174 $98
Tiguan SEL 4Motion AWD $238 $426 $376 $22 $112 $1,174 $98
Get Your Own Custom Quote Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Rate quotes do not factor in specific location which can change coverage prices substantially.

We can estimate from the data above that using a $100 deductible costs roughly $47 more each month or $564 every year across all Volkswagen Tiguan models than opting for the higher $1,000 deductible. Since you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you have at a minimum 19 months between claim filings, you would more than likely save some money if you choose a higher deductible.

Cost of full coverage in Riverside

The chart below shows the comparison of Volkswagen Tiguan insurance premiums with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The rate quotes are based on no accidents or driving violations, $500 deductibles, single marital status, and no other discounts are factored in.

Are you wasting money on full coverage?

There is no written rule of when to drop full coverage on your policy, but there is a guideline you can use. If the yearly cost of full coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you might want to consider buying only liability coverage.

For example, let’s say your Volkswagen Tiguan settlement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $7,000 after the deductible is paid. If premium cost is more than $700 annually for physical damage coverage, then it could be time to drop full coverage.

There are a few cases where only buying liability is not advised. If you still owe a portion of the original loan, you are required 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 event your current vehicle is totaled, you should keep full coverage.

Why You Might Pay Higher Rates in Riverside

It’s important that you understand the rating factors that are used to determine your premiums. When you know what positively or negatively impacts premium levels, this helps enable you to make changes that can help you get cheaper rates.

Drive less and get lower rates – Driving a lot of miles annually the higher your rates will be. Most companies apply a rate partially by how you use the vehicle. Autos used primarily for pleasure use can get a lower rate than cars that get driven a lot. An incorrectly rated Tiguan is just wasting money. Ask your agent if your declarations sheet correctly shows the right rating data.

Females pay lower rates – Statistics show that men are more aggressive behind the wheel. However, this does not mean females are better at driving than males. Women and men cause at-fault accidents in similar percentages, but males have accidents that have higher claims. They also have more aggressive citations like driving under the influence (DUI). Teenage male drivers are most likely to cause an accident and therefore are the most expensive to insure.

The example below shows the comparison of Volkswagen Tiguan auto insurance costs for male and female drivers. The prices are based on no violations or claims, comp and collision included, $250 deductibles, drivers are single, and no policy discounts are applied.

Additional coverages that may be costing you – There are quite a few add-on coverages that you can get tricked into buying when buying auto insurance. Coverages for roadside assistance, death and dismemberment, and extra equipment coverage are probably not needed. These may sound like a good investment when deciding what coverages you need, but if you don’t need them remove them and pocket the money.

Your credit rating is important – Having a good credit rating is a big factor in calculating your auto insurance rates. If your credit could use some work, you could pay less to insure your Volkswagen Tiguan if you improve your credit rating. Drivers who have excellent credit tend to be more responsible and file fewer claims than those with lower credit ratings.

Volkswagen Tiguan claim probability – Insurance companies use historical loss data to determine a rate that will be profitable for them. Models that statistically have a trend towards higher claim severity or frequency will have a higher premium rate. The table below shows the historical insurance loss data for Volkswagen Tiguan vehicles.

For each coverage category, the statistical loss for all vehicles, regardless of make or model, equals 100. Values that are under 100 indicate better than average losses, while percentage values above 100 point to more claims or an increased probability of a larger loss.

Auto Insurance Loss Data for Volkswagen Tiguan Models
Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Volkswagen Tiguan 4dr 2WD 84 98 67 75 91 89
Volkswagen Tiguan 4dr 4WD 93 101 85 82 80 90

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Choosing Volkswagen vehicle insurance is an important decision

Despite the fact that auto insurance is not cheap in Riverside, buying auto insurance serves several important purposes.

The benefits of carrying adequate insurance outweigh the cost, specifically if you ever have a liability claim. But the average American driver is wasting up to $700 annually so compare rates every year to ensure rates are competitive.