It’s easy to assume that insurance companies don’t want you quoting rates from other companies. Consumers who shop around for a cheaper policy will presumably switch auto insurance companies because there is a good probability of finding discount prices. A study discovered that people who compared prices once a year saved on average $3,400 over four years compared to policyholders who never shopped around.
If saving the most money on car insurance is your goal, then having a good understanding how to shop for insurance premiums can help you succeed in finding affordable rates.
It takes a few minutes, but the best way to save on Volkswagen Eos insurance is to compare prices annually from companies who can sell car insurance in Virginia Beach. Drivers can shop around by completing these steps.
- Gain an understanding of how auto insurance works and the modifications you can make to prevent high rates. Many rating factors that are responsible for high rates such as multiple speeding tickets and a lousy credit rating can be improved by being financially responsible and driving safely. This article provides more details to help reduce prices and get additional discounts.
- Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can give quotes from one company like Progressive or State Farm, while independent agencies can provide price quotes from multiple companies.
- Compare the new quotes to the price on your current policy to see if a cheaper price is available. If you find a lower rate and switch companies, ensure coverage does not lapse between policies.
- Give notification to your agent or company of your intention to cancel your current car insurance policy and submit a completed application and payment to your new company or agent. Be sure to place your new certificate of insurance along with the vehicle’s registration papers.
One thing to point out is to use the same deductibles and limits on each quote and to quote with all possible companies. This guarantees the most accurate price comparison and plenty of rates choose from.
When comparing car insurance rates, know that comparing all the rates in your area will enable you to find the best price. Some regional insurers cannot provide rate quotes online, so it’s necessary to compare price quotes from the smaller companies as well.
The companies in the list below are our best choices to provide price comparisons in Virginia Beach, VA. If multiple companies are listed, we recommend you compare several of them in order to get a fair rate comparison.
Volkswagen Eos coverage analysis
The information displayed below showcases detailed analysis of policy rates for Volkswagen Eos models. Learning a little about how car insurance premiums are established can assist in making decisions on the best policy coverages.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| EOS Komfort Turbo 2-Dr Convertible | $240 | $532 | $334 | $20 | $100 | $1,226 | $102 |
| EOS Luxury Turbo 2-Dr Convertible | $240 | $532 | $334 | $20 | $100 | $1,226 | $102 |
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Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Virginia minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Estimates do not factor in specific Virginia Beach garaging location which can alter rates considerably.
Deductible analysis
One common question asked by Virginia Beach drivers is where should you set your physical damage deductibles. The data tables below show the costs and benefits between low and high deductibles. The first table uses a $100 physical damage coverage deductible and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| EOS Komfort Turbo 2-Dr Convertible | $250 | $472 | $258 | $16 | $78 | $1,099 | $92 |
| EOS Luxury Turbo 2-Dr Convertible | $250 | $472 | $258 | $16 | $78 | $1,099 | $92 |
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| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| EOS Komfort Turbo 2-Dr Convertible | $138 | $248 | $258 | $16 | $78 | $738 | $62 |
| EOS Luxury Turbo 2-Dr Convertible | $138 | $248 | $258 | $16 | $78 | $738 | $62 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Price information does not factor in specific location information which can impact coverage prices noticeably.
Based on the data above, we can derive that using a $100 deductible would cost the average driver about $30 more each month or $360 for a full year averaged for all Eos models than choosing the higher $1,000 deductible. Since the policyholder would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have at least 30 months between claim filings, you would probably come out ahead going with the higher deductible.
How to calculate when to raise deductibles
| Average monthly premium for $100 deductibles: | $92 |
| Average monthly premium for $1,000 deductibles (subtract): | – $62 |
| Monthly savings from raising deductible: | $30 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $30 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 30 months |
The information below demonstrates how choosing different deductibles and can change Volkswagen Eos insurance costs for different ages of insureds. The prices are based on a married male driver, comprehensive and collision coverage, and no discounts are factored in.
Impact of age and gender on car insurance rates
The illustration below shows the difference between Volkswagen Eos car insurance rates for male and female drivers. The premiums assume no claims, a clean driving record, comp and collision included, $100 deductibles, drivers are not married, and no discounts are factored in.
Get cheaper Volkswagen Eos insurance in Virginia Beach with discounts
Some insurers don’t always advertise all discounts very well, so below is a list both well-publicized and also the more inconspicuous auto insurance savings. If you are not receiving all the discounts you deserve, you may be paying too high a price.
- Driver’s Education for Students – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class if it’s offered in school.
- Federal Government Employee – Active or former government employment can earn a discount up to 10% depending on your auto insurance provider.
- Seat Belts Save more than Lives – Drivers who require all occupants to buckle up before driving could cut 10% or more on the premium charged for medical payments and/or PIP.
- Auto/Home Discount – If you insure your home and vehicles with one company you could earn a discount of nearly 15% which can help you find cheap Eos insurance.
- Full Payment Discount – By making one initial payment as opposed to paying monthly you can avoid the installment charge.
- Student Discounts – Excelling in school can get you a discount of up to 25%. This discount can apply up until you turn 25.
- Professional Organizations – Being in qualifying employment or professional organizations is a good way to get lower rates when shopping for auto insurance.
- Multiple Vehicles – Buying insurance for all your vehicles with the same auto insurance company can reduce the rates for all insured vehicles.
- Discounts for Cautious Drivers – Drivers who don’t get into accidents may save up to 50% more compared to accident prone drivers.
- Save over 55 – If you’re over the age of 55, you may be able to get reduced rates.
Don’t be shocked that most discounts do not apply to the whole policy. A few only apply to the cost of specific coverages such as comprehensive or collision. Even though the math looks like it’s possible to get free car insurance, it doesn’t quite work that way.
The illustration below shows the comparison of Volkswagen Eos insurance costs with and without discounts applied. The rate quotes are based on a male driver, no accidents, no driving violations, Virginia state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, multi-car, homeowner, claim-free, and marriage discounts applied.
To view auto insurance companies that offer the discounts shown above in Virginia Beach, click here.
Protect more than your Volkswagen vehicle
Even though it’s not necessarily cheap to insure a Volkswagen in Virginia Beach, maintaining insurance may not be optional for several reasons.
First, almost all states have mandatory insurance requirements which means it is punishable by state law to not carry a specific minimum amount of liability coverage if you don’t want to risk a ticket. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
Second, if your car has a lienholder, more than likely the lender will stipulate that you carry insurance to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the bank may buy a policy for your Volkswagen at a more expensive rate and require you to pay the higher premium.
Third, insurance protects your car and your assets. It will also reimburse you for medical bills for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if you are named as a defendant in an auto accident. If your vehicle suffers damage from an accident or hail, your auto insurance policy will cover the damage repairs after a deductible is paid.
The benefits of buying enough insurance greatly outweigh the cost, especially when you need to use it. According to a recent study, the average American driver overpays as much as $810 a year so it’s important to compare rates every year to be sure current rates are still competitive.
What is the best auto insurance company in Virginia Beach?
Buying coverage from a high-quality insurance provider can be rather challenging considering how many choices you have in Virginia Beach. The rank data shown below could help you choose which auto insurance companies to look at purchasing coverage from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Erie Insurance | 87 | 84 | 85 | 85% | A+ | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
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Data Source: Insure.com Best Car Insurance Companies
When should I discuss my situation with an agent?
Always keep in mind that when comparing coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that.
For instance, these questions might point out if your insurance needs could use an agent’s help.
- Can I use my car for my catering business?
- Which companies will insure high-risk drivers?
- Are my custom wheels covered?
- Does my car insurance cover rental cars?
- Will my insurance pay for OEM parts?
- What is no-fault insurance?
- Can I rent a car in Mexico?
- When can I cancel my policy?
- Who does medical payments coverage extend to?
- When can my company non-renew my policy?
If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.
Can’t I compare prices from local Virginia Beach auto insurance agents?
Some people would prefer to buy from a local agent and often times that is recommended An additional benefit of comparing insurance prices online is you may find better rates and still have an agent to talk to.
Upon completion of this simple form, your coverage information is instantly submitted to local insurance agents who want to provide quotes for your business. You won’t need to contact any agents since price quotes are sent instantly to you. You’ll get the best rates without the usual hassles of price shopping. If you wish to quote rates from a specific insurance company, you would need to navigate to their website and complete a quote there.
Choosing the best provider shouldn’t rely on just the bottom line cost. Any agent in Virginia Beach should be forthright in answering these questions:
- Do they assist clients in filing claims?
- Are aftermarket or OEM parts used to repair vehicles?
- Will your rates increase after a single accident?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Is insurance their full-time profession?
- Does the agent have a valid license to sell insurance in Virginia?
- How many companies do they write for?
Once you have good feedback to these questions as well as offering an affordable quote, most likely you have located a company that meets your needs to provide car insurance coverage.