If you want to save money, the best way to get cheaper Volkswagen Eos insurance is to start doing an annual price comparison from providers who can sell car insurance in Cleveland.
- Learn about car insurance and the measures you can take to prevent expensive coverage. Many rating factors that cause rate increases like traffic citations and an unacceptable credit score can be eliminated by making minor changes in your lifestyle. Read the full article for more ideas to get better rates and get discounts that may be overlooked.
- Quote rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can give quotes from one company like GEICO and State Farm, while independent agents can provide price quotes from multiple companies. Compare rates now
- Compare the price quotes to your existing policy to see if a cheaper rate is available in Cleveland. If you can save some money and switch companies, ensure there is no coverage lapse between policies.
A tip to remember is to use identical coverage information on every quote request and and to get prices from as many auto insurance providers as possible. Doing this ensures a fair rate comparison and a complete selection of prices.
It’s safe to assume that insurance companies don’t want you comparing rates. Drivers who get comparison quotes at least once a year are likely to switch to a new company because the odds are good of finding discount prices. A recent auto insurance study discovered that consumers who compared rates regularly saved over $865 annually as compared to drivers who didn’t regularly shop around.
If saving money on insurance in Cleveland is your ultimate goal, learning how to find and compare cheaper coverage can help make the process easier and more efficient.
Cut Insurance Costs with These Tips
Lots of factors are taken into consideration when you get your auto insurance bill. Some are obvious such as your driving record, but some are more obscure such as your credit history or how safe your car is.
Be proud to be claim-free – If you frequently file small claims, you shouldn’t be surprised to get either policy cancellation or increased premiums. Car insurance companies in Ohio award most affordable rates to policyholders who are not frequent claim filers. Auto insurance is intended for more catastrophic claims.
Insurance is expensive for teen drivers – Youthful drivers in Ohio are known to be more careless in a vehicle therefore auto insurance rates are much higher. Older drivers are more responsible, cause fewer claims and accidents, and are generally more financially stable.
The following chart uses these variables: single driver, full coverage with $100 deductibles, and no discounts or violations.
Little extras can really add up – There are quite a few extra coverages that you can get tricked into buying but may not be useful. Insurance for roadside assistance, better glass coverage, and motor club memberships are examples of these. The coverages may be enticing when buying your policy, but your needs may have changed so eliminate them to save money.
Pay more out-of-pocket – Deductibles for physical damage are how much you are required to spend out-of-pocket if a covered claim is submitted. Insurance for physical damage, aka comp and collision, is used to repair damage to your car. Some examples of covered claims could be a windshield broken by a bird, damage from fire, and having a roll-over accident. The more money you have to pay, the less your auto insurance will be.
Volkswagen Eos insurance loss data – Car insurance companies take into consideration historical loss data for every vehicle when they calculate premium prices for each model. Vehicles that historically have high amounts or severity of claims will have higher rates for specific coverages.
The next table illustrates the insurance loss data used by companies for Volkswagen Eos vehicles. For each insurance policy coverage type, the claim probability for all vehicles combined as an average is represented as 100. Numbers shown that are under 100 indicate better than average losses, while values that are above 100 show a trend for more claims or a tendency for losses to be larger than average.
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Volkswagen Eos Convertible||88||77||78||76|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
It’s important to know that quoting more helps improve the odds of finding a lower rate than you’re paying now.
The car insurance companies shown below are our best choices to provide price quotes in Cleveland, OH. If you want to find the cheapest car insurance in Ohio, it’s highly recommended you compare several of them in order to get a fair rate comparison.
Volkswagen Eos coverage statistics
The premium table displayed below showcases detailed analysis of insurance premium costs for Volkswagen Eos models. Knowing how premiums are determined is important for you to make smart choices when buying a car insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|EOS Komfort Turbo 2-Dr Convertible||$96||$186||$218||$12||$66||$578||$48|
|EOS Luxury Turbo 2-Dr Convertible||$96||$186||$218||$12||$66||$578||$48|
|Get Your Own Custom Quote Go|
Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, safe-driver, and multi-vehicle. Rate quotes do not factor in zip code location which can alter price quotes noticeably.
Rate increases following a ticket or accident
The illustration below illustrates how violations and fender-benders influence Volkswagen Eos auto insurance costs for different ages of insureds. The rates are based on a married male driver, comp and collision included, $500 deductibles, and no additional discounts are factored in.
Comparison of car insurance rates by gender
The illustration below visualizes the comparison of Volkswagen Eos auto insurance costs for male and female drivers. The data assumes no claims or violations, full physical damage coverage, $100 deductibles, single status, and no discounts are factored in.
Car insurance just makes sense
Even though it can be expensive, insurance is most likely required but also gives you several important benefits.
First, most states have minimum liability requirements which means state laws require specific minimum amounts of liability insurance coverage if you don’t want to risk a ticket. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if your Volkswagen Eos has a loan, almost every bank will require that you have comprehensive coverage to ensure the loan is repaid in case of a total loss. If coverage lapses or is canceled, the bank may buy a policy for your Volkswagen at a significantly higher premium and force you to pay the higher price.
Third, car insurance protects both your vehicle and your assets. It will also provide coverage for medical transport and hospital expenses for not only you but also any passengers injured in an accident. Liability coverage also pays for attorney fees and expenses if you cause an accident and are sued. If mother nature or an accident damages your car, your car insurance policy will cover the damage repairs after a deductible is paid.
The benefits of carrying enough insurance are definitely more than the cost, particularly when you have a large claim. According to a recent study, the average American driver is overpaying more than $800 each year so compare rates at every policy renewal to save money.
Cleveland insurance discounts for a Volkswagen Eos
Auto insurance is not cheap nor is it fun to buy but companies offer discounts that may help make it more affordable. Certain discounts will be triggered automatically when you purchase, but some must be asked about before being credited.
- Theft Deterrent Discount – Vehicles optioned with advanced anti-theft systems are stolen with less frequency and will qualify for a discount on a Cleveland car insurance quote.
- Accident Forgiveness Coverage – Not really a discount, but companies like Allstate, Progressive, and GEICO permit an accident before hitting you with a surcharge so long as you haven’t had any claims before the accident.
- Bundled Policy Discount – When you combine your homeowners and auto insurance with the same insurance company they may give you a discount of 10% to 20% off each policy.
- Good Students Pay Less – Excelling in school can earn a discount of 20% or more. The good student discount can last well after school through age 25.
- Active Military Service – Being deployed in the military may qualify for rate reductions.
As a sidenote, most discounts do not apply to the entire cost. Most only cut the price of certain insurance coverages like collision or personal injury protection. So despite the fact that it appears you can get free auto insurance, it just doesn’t work that way.
The illustration below shows the difference between Volkswagen Eos yearly insurance costs with and without discounts. The price estimates are based on a male driver, no driving violations, no at-fault accidents, Ohio state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, marriage, claim-free, multi-policy, and safe-driver discounts applied.
If you would like to see a list of providers with discount auto insurance rates in Cleveland, click here to view.
Independent versus exclusive insurance agents
A small number of people still prefer to buy from a local agent and that is not a bad decision One of the great benefits of comparing rates online is the fact that you can find better rates and still have a local agent.
Upon completion of this form (opens in new window), your insurance coverage information is emailed to insurance agents in Cleveland who want to provide quotes for your auto insurance coverage. You won’t even need to do any legwork due to the fact that quote results will go to you directly. You can get cheaper auto insurance rates and a licensed agent to talk to. If for some reason you want to get a rate quote from one company in particular, you can always find their quoting web page and complete a quote there.
Choosing the best provider should depend on more than just the bottom line cost. These are some questions you should get answers to.
- What are the financial ratings for the companies they represent?
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
- Are there any discounts for paying up front?
- Is vehicle mileage a factor when determining depreciation for repairs?
- Which insurance company do they prefer to write with?
- Do they regularly work with personal auto policies in Cleveland?
- Is there a local claims center in Cleveland?
The difference between Cleveland car insurance agents
When searching for an insurance agent, you must know there are a couple types of agencies and how they differ in how they quote coverages. Auto insurance agents can either be independent agents or exclusive agents.
Agents that elect to be exclusive can only write with one company and some examples include Allstate, State Farm and Farmers Insurance. Exclusive agencies are unable to provide other company’s prices so they are skilled at selling on more than just price. They are very knowledgeable on their products and sales techniques which helps them sell on service rather than price.
Shown below is a list of exclusive insurance agencies in Cleveland who may provide you with comparison quotes.
Robert Jones – State Farm Insurance Agent
12405 Larchmere Blvd – Cleveland, OH 44120 – (216) 229-3276 – View Map
Independent Insurance Agents
Agents that elect to be independent do not work for one specific company so they can quote policies with many different companies and possibly get better coverage at lower prices. If they find a cheaper price, the agent simply finds a different carrier and you don’t have to switch agencies.
When comparing auto insurance rates, it’s recommended you include rate quotes from several independent agencies so that you can do a thorough price comparison.
Shown below is a short list of independent insurance agents in Cleveland that can give you comparison quotes.
Bass Ohio Insurance Agency LLC
815 Superior Avenue E, Suite 1412 – Cleveland, OH 44114 – (440) 862-0352 – View Map
Cheap insurance premiums are out there
Throughout this article, we presented quite a bit of information on how to find cheaper Volkswagen Eos insurance in Cleveland. The key concept to understand is the more you quote Cleveland car insurance, the better your comparison will be. Consumers may even find the lowest rates come from the smaller companies. Smaller companies often have lower car insurance rates on specific markets as compared to the big name companies such as GEICO and State Farm.
As you prepare to switch companies, don’t be tempted to buy less coverage just to save a little money. Too many times, someone sacrificed collision coverage and learned later they didn’t purchase enough coverage. Your objective should be to buy the best coverage you can find for the lowest price and still be able to protect your assets.
Lower-priced insurance in Cleveland is available on the web and from local insurance agents, so you should compare both to have the best rate selection. Some insurance providers may not have rate quotes online and many times these regional insurance providers only sell coverage through local independent agents.
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- Property Damage Coverage (Liberty Mutual)
- Vehicle Safety Ratings (iihs.org)
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- Alcohol Impaired Driving FAQ (iihs.org)