Save Money on Volkswagen Tiguan Insurance in Columbus

  1. Home
  2. >
  3. Popular Vehicles
  4. >
  5. Volkswagen Tiguan

Volkswagen Tiguan insurance rates
Volkswagen Tiguan insurance rates image courtesy of

Insurance rates Volkswagen Tiguan in ColumbusUnbelievable but true according to a study almost 70% of drivers have purchased from the same company for a minimum of four years, and virtually 40% of consumers have never quoted insurance rates at all. Ohio drivers could cut their rates by almost 55% a year just by shopping around, but they think it's difficult to save money by comparing rate quotes.

The most effective way to get low-cost car insurance rates is to start comparing rates regularly from insurers who can sell car insurance in Columbus. Prices can be compared by following these steps.

  • First, read and learn about how auto insurance works and the modifications you can make to prevent expensive coverage. Many things that drive up the price such as traffic violations, accidents, and a poor credit rating can be amended by being financially responsible and driving safely.
  • Second, request price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can give quotes from one company like GEICO or State Farm, while independent agencies can quote prices from many different companies.
  • Third, compare the new quotes to the price on your current policy to see if a cheaper rate is available. If you can save money, make sure there is no coverage gap between policies.

A good tip to remember is that you'll want to compare the same physical damage deductibles and liability limits on every price quote and and to get prices from as many car insurance companies as possible. Doing this provides a fair price comparison and many rates to choose from.

If you are paying for car insurance now, you should be able to find better prices using the ideas presented in this article. Locating the best rates in Columbus is not that difficult. But Ohio drivers must know how the larger insurance companies market on the web and use it to your advantage.

Insurance coverage analysis

The data table displayed next outlines detailed analysis of insurance rates for Volkswagen Tiguan models. Knowing how auto insurance policy rates are established can benefit drivers when making decisions when shopping around.

Volkswagen Tiguan Insurance Rates in Columbus, OH
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tiguan S 2WD $112 $202 $186 $10 $56 $566 $47
Tiguan S 2WD $112 $202 $186 $10 $56 $566 $47
Tiguan SE 4Motion AWD $126 $238 $186 $10 $56 $616 $51
Tiguan SEL 4Motion AWD $126 $238 $186 $10 $56 $616 $51
Get Your Own Custom Quote Go

Prices above based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Premium costs do not factor in the specific area where the vehicle is garaged which can impact insurance rates noticeably.

Higher deductibles save money

When buying insurance, a common question is how high should the deductibles for physical damage be. The premium rates below approximate the rate fluctuation between low and high physical damage deductibles. The first rate estimation uses a $250 deductible for comprehensive and collision coverage and the second price table uses a $1,000 deductible.

Volkswagen Tiguan insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tiguan S 2WD $176 $296 $192 $12 $58 $759 $63
Tiguan S 2WD $176 $296 $192 $12 $58 $759 $63
Tiguan SE 4Motion AWD $198 $348 $192 $12 $58 $833 $69
Tiguan SEL 4Motion AWD $198 $348 $192 $12 $58 $833 $69
Get Your Own Custom Quote Go
Volkswagen Tiguan insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tiguan S 2WD $108 $186 $192 $12 $58 $556 $46
Tiguan S 2WD $108 $186 $192 $12 $58 $556 $46
Tiguan SE 4Motion AWD $122 $220 $192 $12 $58 $604 $50
Tiguan SEL 4Motion AWD $122 $220 $192 $12 $58 $604 $50
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Prices do not factor in specific Columbus garaging location which can revise auto insurance rates considerably.

Based on these figures, using a $250 deductible would cost the average driver about $18 more each month or $216 every year than opting for the higher $1,000 deductible. Since you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average at a minimum 42 months between claim filings, you would most likely save money by going with a higher deductible. Here is an example of how you can decide this on your own policy.

Average monthly premium for $250 deductibles: $66
Average monthly premium for $1,000 deductibles (subtract): - $48
Monthly savings from raising deductible: $18
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $18
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 42 months

An important sidenote is that raising deductibles means you will have to pay more out-of-pocket when you have a comprehensive or collision claim. It will be required that you have some available funds in order to pay more to get your vehicle repaired.

The information below shows how choosing a deductible and can affect Volkswagen Tiguan insurance rates for different ages of insureds. The costs are based on a single male driver, comp and collision included, and no discounts are taken into consideration.

Full coverage versus liability only rates

The illustration below shows the comparison of Volkswagen Tiguan auto insurance rates with full physical damage coverage compared to only buying liability only. The rate quotes are based on no claims or violations, $1,000 deductibles, single marital status, and no additional discounts are factored in.

Are you wasting money on full coverage?

There is no exact formula for dropping full coverage on your policy, but there is a general guideline. If the yearly cost of full coverage is more than about 10% of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.

For example, let's assume your Volkswagen Tiguan replacement value is $3,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $2,000 after the deductible is paid. If you are currently paying more than $200 annually for physical damage coverage, then you might want to think about dropping full coverage.

There are some scenarios where only buying liability is not advised. If you haven't satisfied your loan, you have to maintain full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should keep full coverage in place.

Why Your Insurance Prices might be higher

Many things are used when premium rates are determined. Some are obvious such as your driving record, although others are more obscure like your continuous coverage or how safe your car is. The best way to find cheaper car insurance is to take a look at a few of the rating criteria that go into determining the rates you pay for car insurance. If you know what controls the rates you pay, this helps enable you to make changes that could help you find lower rates.

The following are some of the items that factor into premiums.

  • Get better rates if married - Walking down the aisle may earn you lower rates on your policy. Having a significant other demonstrates that you tend to be more mature than a single person it has been statistically shown that married drivers tend to have fewer serious accidents.
  • Gender is a factor - Over time, data shows that women are safer drivers than men. The data does not necessarily mean that males are worse at driving than females. They both are in fender benders at a similar rate, but guys have accidents that have higher claims. Men also tend to receive more major tickets like DUI and reckless driving.

    The example below shows the difference between Volkswagen Tiguan car insurance rates for male and female drivers. The premiums are based on no claims, a clean driving record, comprehensive and collision coverage, $1,000 deductibles, drivers are single, and no discounts are applied.

  • Don't get traffic citations - Careful drivers pay less for auto insurance compared to drivers with tickets. Even a single ticket may cause rates to rise by as much as thirty percent. Drivers who have license-revoking violations such as DUI or willful reckless driving may find that they have to to submit a SR-22 or proof of financial responsibility with their state DMV in order to legally drive a vehicle.

    The information below illustrates how traffic citations and at-fault collisions can raise Volkswagen Tiguan car insurance costs for different age categories. The data assumes a married male driver, full physical damage coverage, $100 deductibles, and no additional discounts are factored in.

  • Liability risk factors - Your car insurance policy's liability coverage will protect you if ever you are responsible for physical damage or personal injury to other. Liability insurance provides for a legal defense up to the limits shown on your policy. Liability is cheap compared to physical damage coverage, so buy as much as you can afford.
  • Save money by having multiple policies - Most larger insurers will give lower prices to customers who have multiple policies with them, otherwise known as a multi-policy discount. Discounts can amount to ten percent or more. Even though this discount sounds good, drivers will still want to compare other company rates to guarantee you are still saving the most.
  • Put fewer miles on your vehicle - The more you drive your Volkswagen annually the more you'll pay to insure it. A lot of insurance companies rate vehicles based on their usage. Vehicles used primarily for pleasure use cost less to insure than those that get driven frequently. Having an incorrect usage rating on your Tiguan is just wasting money. It's always a good idea to double check that your vehicle rating states the proper vehicle usage, because improper ratings can cost you money.
  • Do thieves like your car? - Owning a car with a theft deterrent system can help lower your rates. Advanced theft deterrents such as GM's OnStar, tamper alarm systems and vehicle immobilizers help track and prevent car theft and help bring rates down.
  • Reserve insurance claims for larger damages - If you frequently file small claims, you can expect increased rates or even have your policy non-renewed. Auto insurance companies in Ohio give lower rates to policyholders who file claims infrequently. Auto insurance is meant to be used in the event of claims that pose a financial burden.
  • Volkswagen Tiguan insurance claim data - Auto insurance companies take into consideration historical loss data for every vehicle to help determine the rate you pay. Vehicles that are shown to have a higher amount or frequency of claims will have a higher cost to insure. The table below illustrates the loss history for Volkswagen Tiguan vehicles.

    For each policy coverage type, the loss probability for all vehicles combined as an average is represented as 100. Values below 100 suggest a better than average loss history, while numbers shown that are more than 100 point to more losses or larger claims.

    Volkswagen Tiguan Insurance Claim Statistics
    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

    Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Frequent quotes can save

Drivers who switch companies do it for a variety of reasons including delays in paying claims, delays in responding to claim requests, denial of a claim and even not issuing a premium refund. It doesn't matter why you want to switch finding the right insurance provider is less work than it seems.

You just read a lot of techniques to get a better price on Volkswagen Tiguan insurance in Columbus. The key concept to understand is the more you quote Columbus auto insurance, the better your chances of lowering your rates. You may even discover the best prices are with some of the smallest insurance companies.

As you prepare to switch companies, do not buy lower coverage limits just to save a few bucks. In too many instances, someone sacrificed liability limits or collision coverage only to discover later that the savings was not a smart move. Your strategy should be to purchase plenty of coverage at the best price while not skimping on critical coverages.

Additional insurance information is located at these links: