Comparing and finding low cost rates for Volkswagen Jetta insurance in Honolulu is hard for drivers who have little experience online price comparisons. Because there are so many insurers to choose from, it can turn into a burden to find the best rates.
A recent car insurance study revealed that the vast majority of drivers renewed their policy with the same company for a minimum of four years, and approximately 38% of consumers have never quoted car insurance rates at all. American consumers could save about 47% a year just by shopping around, but most undervalue how much savings they would realize if they swap their current policy for a cheaper one.
Finding the cheapest coverage in Honolulu is actually quite easy if you know where to start. If you already have coverage, you stand a good chance to be able to get lower rates using the concepts you're about to learn. Nevertheless, Hawaii drivers must understand the methods companies use to determine how much to charge because rates fluctuate considerably.
Shop Volkswagen Jetta insurance online
It's important to know that quoting more increases your odds of finding a lower rate than you're paying now.
The providers in the list below are ready to provide quotes in Honolulu, HI. If several companies are displayed, we suggest you compare several of them to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Jetta S 4-Dr Sedan||$218||$464||$344||$20||$104||$1,150||$96|
|Jetta S 2.5 Station Wagon||$140||$266||$304||$18||$90||$818||$68|
|Jetta LE 4-Dr Sedan||$108||$224||$300||$18||$90||$740||$62|
|Jetta SE 4-Dr Sedan||$256||$500||$358||$22||$106||$1,242||$104|
|Jetta SE 2.5 Station Wagon||$162||$320||$236||$14||$70||$802||$67|
|Jetta 2.0T 4-Dr Sedan||$222||$458||$344||$20||$104||$1,148||$96|
|Jetta SEL 4-Dr Sedan||$198||$398||$278||$16||$84||$974||$81|
|Jetta 2.0T Station Wagon||$222||$500||$254||$16||$76||$1,068||$89|
|Get Your Own Custom Quote Go|
Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Estimates do not factor in vehicle location which can increase or decrease prices substantially.
Physical damage deductibles
The information below illustrates how choosing a deductible and can influence Volkswagen Jetta yearly insurance costs for each age group. The price estimates are based on a married female driver, full coverage, and no other discounts are factored in.
Do you need full coverage?
The diagram below shows the comparison of Volkswagen Jetta car insurance costs with and without physical damage coverage. The data assumes no claims or driving citations, $100 deductibles, single male driver, and no discounts are applied to the premium.
When to stop buying full coverage
There is no written rule for excluding full coverage on your policy, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is 10% or more of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.
For example, let's say your Volkswagen Jetta replacement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company will settle for is $7,000 after paying your policy deductible. If premiums are more than $700 a year for full coverage, then you might consider buying liability only.
There are some circumstances where only buying liability is not advised. If you still owe a portion of the original loan, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don't have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.
Annual premiums for males compared to females in Honolulu
The chart below compares Volkswagen Jetta insurance costs for male and female drivers. The rates are based on no driving violations, no at-fault accidents, comprehensive and collision coverage, $500 deductibles, marital status is single, and no policy discounts are applied.
Switch companies and save? Really?
21st Century, Allstate and State Farm endlessly run ads on TV and radio. They all seem to state the claim about saving some big amount if you just switch to them. That's great but how can every company charge less that you're paying now?
Companies have a preferred profile for the right customer that is profitable for them. One example of this type of risk profile could possibly be between the ages of 30 and 50, is a homeowner, and has great credit. Anyone who meets those qualifications will probably get cheap prices and have a good chance to save a lot of money.
Potential insureds who fall short of those standards will be charged higher premiums which translates to the customer buying from someone else. The wording the ads use say "people who switch" not "everyone who quotes" can save as much as they claim. That's the way companies can truthfully make it sound like they have such great premium rates. Because each company has a different risk profile, you really should get as many free Honolulu auto insurance quotes as possible. It's just too difficult to predict the company that will fit you best based on your risk profile.
Auto insurance is not optional but you don't have to overpay
Despite the high cost of buying insurance for a Volkswagen Jetta in Honolulu, auto insurance may not be optional for several reasons.
- The majority of states have mandatory insurance requirements which means the state requires a specific level of liability coverage in order to be legal. In Hawaii these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you bought your vehicle with a loan, most lenders will make it a condition of the loan that you have insurance to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Volkswagen at a significantly higher premium and force you to reimburse them for it.
- Insurance safeguards not only your Volkswagen Jetta but also your assets. Insurance will pay for most medical and hospital costs that are the result of an accident. Liability insurance also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, your auto insurance policy will pay to repair the damage minus the deductible amount.
The benefits of having insurance more than cancel out the cost, especially with large liability claims. Today the average American driver is overpaying over $855 a year so it's important to compare rates at every policy renewal to make sure the price is not too high.
Do you qualify for these six discounts?
Insuring your vehicles can cost a lot, but there are discounts available to help bring down the price. Certain discounts will be triggered automatically at the time you complete a quote, but some may not be applied and must be manually applied prior to receiving the credit.
- Anti-lock Brake System - Cars that have anti-lock braking systems prevent accidents and therefore earn up to a 10% discount.
- Defensive Driver Discount - Taking a course in defensive driver could cut 5% off your bill depending on where you live.
- Seat Belts Save more than Lives - Drivers who always wear seat belts and also require passengers to buckle up can save up to 10 percent (depending on the company) off the personal injury premium cost.
- Low Mileage Discounts - Keeping the miles down on your Volkswagen could be rewarded with better rates on cars that stay parked.
- Distant Student Discount - Children who are enrolled in higher education away from home and do not take a car to college may be able to be covered for less.
- No Accidents - Insureds who avoid accidents and claims can save substantially in comparison to accident-prone drivers.
Please keep in mind that some of the credits will not apply the the whole policy. A few only apply to the price of certain insurance coverages like liability and collision coverage. So when the math indicates you could get a free insurance policy, that's just not realistic.
A partial list of companies that may offer policyholders most of these discounts possibly include:
If you need affordable Honolulu auto insurance quotes, ask every company which discounts can lower your rates. Some of the earlier mentioned discounts might not be offered on policies in your area. To see a list of providers with discount rates in Honolulu, click here.
Local Honolulu insurance agencies and car insurance
A lot of people would prefer to buy from a licensed agent and that can be a smart move A good thing about getting online price quotes is you may find better rates and still have a local agent.
By using this form (opens in new window), the coverage information is emailed to local insurance agents that can give you free Honolulu auto insurance quotes for your car insurance coverage. There is no reason to drive around because quoted prices will be sent to your email. It's the lowest rates without having to waste a lot of time. If you have a need to get a rate quote from a specific insurance company, you just need to search and find their rate quote page and complete a quote there.
Finding the right insurer shouldn't rely on just the price. The following questions are important to ask.
- Do they write coverage based solely on cost?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Is the agency active in community causes in Honolulu?
- If you raise deductibles, how much can you save?
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
- What are the financial ratings for the companies they represent?
After getting answers to your satisfaction to any questions you may have and an acceptable price quote, it's a good possibility that you have found an provider that can be trusted to properly service your car insurance policy.
Coverages available on your car insurance policy
Understanding the coverages of car insurance aids in choosing the best coverages for your vehicles. Car insurance terms can be confusing and even agents have difficulty translating policy wording.
Collision insurance pays to fix your vehicle from damage from colliding with an object or car. A deductible applies and then insurance will cover the remainder.
Collision can pay for things such as backing into a parked car, sideswiping another vehicle and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from older vehicles. It's also possible to raise the deductible on your Jetta to save money on collision insurance.
Comprehensive auto coverage
This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things such as hitting a deer, rock chips in glass, falling objects and a broken windshield. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle's value is low consider removing comprehensive coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This coverage protects you and your vehicle when the "other guys" are uninsured or don't have enough coverage. Covered losses include hospital bills for your injuries as well as your vehicle's damage.
Since a lot of drivers only purchase the least amount of liability that is required (20/40/10 in Hawaii), their limits can quickly be used up. So UM/UIM coverage should not be overlooked.
Coverage for liability
This coverage provides protection from injuries or damage you cause to people or other property by causing an accident. This coverage protects you from legal claims by others. It does not cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 20/40/10 that translate to $20,000 in coverage for each person's injuries, a total of $40,000 of bodily injury coverage per accident, and $10,000 of coverage for damaged propery.
Liability coverage protects against claims like structural damage, repair bills for other people's vehicles, medical services, funeral expenses and bail bonds. How much coverage you buy is up to you, but you should buy higher limits if possible. Hawaii requires minimum liability limits of 20/40/10 but drivers should carry more liability than the minimum.
Medical payments and PIP coverage
Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like X-ray expenses, ambulance fees and chiropractic care. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage
Frequent quotes can save
You just learned many ways to find cheap Volkswagen Jetta insurance in Honolulu. The key concept to understand is the more quotes you get, the better your chances of lowering your premium rates. Consumers could even find that the most savings is with the least-expected company.
When searching for affordable Volkswagen Jetta insurance quotes, it's a bad idea to buy lower coverage limits just to save a few bucks. There have been many situations where someone sacrificed comprehensive coverage or liability limits to discover at claim time that it was a big error on their part. Your goal should be to get the best coverage possible for the lowest cost and still be able to protect your assets.
Drivers switch companies for a number of reasons such as not issuing a premium refund, high rates after DUI convictions, an unsatisfactory settlement offer or poor customer service. Regardless of your reason, choosing a new company is not as hard as you think.
To read more, take a look at the resources below:
- State Car Insurance Guides (GEICO)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)