If saving the most money is your goal, then the best way to get cheaper Volkswagen Eos insurance is to compare quotes once a year from insurance carriers who can sell car insurance in Boston.
- Step 1: Gain an understanding of individual coverages and the steps you can take to prevent high rates. Many policy risk factors that cause rate increases such as traffic citations, accidents, and a not-so-good credit history can be remedied by being financially responsible and driving safely. Read the full article for more information to help keep prices low and find hidden discounts.
- Step 2: Request price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only quote rates from one company like GEICO or State Farm, while independent agencies can provide prices from many different companies. Compare rates
- Step 3: Compare the new rate quotes to the price on your current policy and see if there is a cheaper rate. If you find a better price and switch companies, make sure coverage is continuous and does not lapse.
One key aspect when comparing rates is to use identical coverage information on every quote request and and to get rate quotes from as many car insurance companies as possible. This ensures an apples-to-apples comparison and plenty of rates choose from.
Astonishing but true according to a recent study, almost 70% of insureds in Massachusetts have stayed with the same insurance company for well over three years, and nearly 40% of drivers have never shopped around. Many consumers in the United States can cut their rates by 47% a year by just shopping around, but they just assume it’s a time-consuming process to shop their coverage around.
There are several ways to compare quotes from many auto insurance companies in Massachusetts. The best way to comparison shop is to perform an online rate comparison.
Keep in mind that comparing more prices provides better odds of finding a better price.
The following companies are ready to provide free rate quotes in Massachusetts. If you wish to find cheap car insurance in MA, we recommend you visit as many as you can to get the best price comparison.
Rate information and statistics
The information shown below outlines detailed analysis of prices for Volkswagen Eos models. Having a better idea how insurance prices are calculated can aid in making decisions when shopping around.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|EOS Komfort Turbo 2-Dr Convertible||$164||$296||$344||$20||$104||$928||$77|
|EOS Luxury Turbo 2-Dr Convertible||$164||$296||$344||$20||$104||$928||$77|
|Get Your Own Custom Quote Go|
Price data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Massachusetts minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Table data does not factor in the specific area where the vehicle is garaged which can increase or decrease coverage rates considerably.
Rate comparison of men versus women in Boston
The illustration below shows the difference between Volkswagen Eos annual premium costs for male and female drivers. The data is based on a clean driving record, no at-fault accidents, full coverage, $100 deductibles, single marital status, and no discounts are factored in.
Should you buy full coverage?
The illustration below illustrates the comparison of Volkswagen Eos yearly insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Massachusetts. The data is based on no accidents, no driving violations, $250 deductibles, single status, and no discounts are applied to the premium.
When to stop paying for full coverage
There is no exact rule of when to drop full coverage on your policy, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is 10% or more of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Volkswagen Eos replacement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company will settle for is $2,000 after the deductible is paid. If you are currently paying more than $200 a year for comprehensive and collision coverage, then it could be time to drop full coverage.
There are some scenarios where eliminating full coverage is not recommended. If you haven’t paid off your loan, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should maintain full coverage.
Insuring your Eos just makes sense
Even though it’s not necessarily cheap to insure a Volkswagen in Boston, insurance is required in Massachusetts but also provides important benefits.
- The majority of states have mandatory insurance requirements which means it is punishable by state law to not carry a specific minimum amount of liability in order to be legal. In Massachusetts these limits are 20/40/5 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you have a lien on your Volkswagen Eos, most banks will force you to have insurance to ensure loan repayment if the vehicle is totaled. If you do not pay your insurance premiums, the bank will be required to insure your Volkswagen for a lot more money and require you to fork over the higher price.
- Insurance safeguards both your car and your personal assets. Insurance will pay for medical transport and hospital expenses for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses if someone files suit against you as the result of an accident. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of carrying enough insurance more than offset the price you pay, specifically if you ever have a liability claim. An average driver in America is overpaying more than $700 annually so smart consumers compare quotes at every policy renewal to ensure rates are inline.
Slash your car insurance rates with these nine discounts
Some insurers don’t always advertise every policy discount in a way that’s easy to find, so the following is a list of both the well known as well as the least known credits available to bring down your rates.
- Discount for Multiple Policies – When you combine your auto and homeowners insurance and insure them both with the same insurance company you will save as much as 10 to 15 percent.
- Passive Restraint Discount – Factory options such as air bags or automatic seat belts may qualify for discounts up to 30%.
- Accident Forgiveness Coverage – This one is not really a discount per se, but some insurance companies will turn a blind eye to one accident before they charge you more for coverage as long as you don’t have any claims for a specific time period.
- Savings for New Vehicles – Insuring a new Eos can get you a discount since new model year vehicles have better safety ratings.
- Senior Discount – If you’re over the age of 55, you are able to get lower premium rates.
- Pay Early and Save – If you pay your bill all at once instead of making monthly payments you may reduce your total bill.
- Discount for Swiching Early – A few companies offer discounts for buying a policy before your current Eos insurance policy expires. The savings is around 10%.
- E-sign Discounts – Some of the larger companies will give you a small discount for buying a policy and signing up on your computer.
- Professional Organizations – Having an affiliation with qualifying clubs or civic groups is a good way to get lower rates on your next car insurance statement.
As a footnote on discounts, most discounts do not apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as comp or med pay. So when it seems like it’s possible to get free car insurance, you’re out of luck.
The information below visualizes the comparison of Volkswagen Eos insurance prices with and without discounts. The prices are based on a female driver, a clean driving record, no at-fault accidents, Massachusetts state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, multi-policy, marriage, safe-driver, and homeowner discounts applied.
For a list of insurers that have a full spectrum of discounts in Boston, click here to view.
You may need specialized auto insurance coverage
Keep in mind that when it comes to choosing coverage online or from an agent, there is no “best” method to buy coverage. Your situation is unique.
Here are some questions about coverages that can help discover if your situation might need professional guidance.
- Why am I be forced to buy a membership to get insurance from some companies?
- How much underlying liability do I need for an umbrella policy?
- How much liability insurance is required?
- Is coverage enough to protect my assets?
- Do I need PIP (personal injury protection) coverage in Massachusetts?
- Do I have any recourse if my insurance company denies a claim?
- How can I get the company to pay a claim?
- Does rental coverage apply when I am renting a car?
- Is my Volkswagen Eos covered for smoke damage?
- Am I covered when delivering products for my home-based business?
If it’s difficult to answer those questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form.
Get rate quotes but still have a local neighborhood Boston car insurance agent
Certain consumers still like to buy from a licensed agent. An additional benefit of price shopping on the web is that you can find the best rates and still buy from a local agent.
To make it easy to find an agent, after completing this short form, your coverage information is emailed to companies in Boston who will return price quotes for your insurance coverage. You won’t even need to leave your computer since rate quotes are delivered immediately to you. You can find the lowest rates and an insurance agent to talk to. If you need to quote rates from one company in particular, you would need to go to their quote page and fill out their quote form.
Selecting an insurance company shouldn’t rely on just a low price. You should also get answers to these questions.
- Is the coverage adequate for your vehicle?
- Do they offer rental car reimbursement?
- Is the agent and/or agency licensed to do business in Massachusetts?
- Is there a 24/7 contact number?
- Do you qualify for any additional discounts?
- How long have they been in business?
- Which companies can they place coverage with?
- Will your rates increase after a single accident?
If you need to find a reliable insurance agent, there are two different types of agents and how they function. Insurance policy providers can either be exclusive or independent (non-exclusive).
Exclusive Insurance Agents
Agents that choose to be exclusive can only quote rates from one company and some examples include State Farm, AAA, and Liberty Mutual. Exclusive agents are unable to provide other company’s prices so they have no alternatives for high prices. Exclusive agents receive a lot of sales training on the products they sell which helps offset the inability to provide other markets. Some consumers prefer to use the same agent mostly because of the prominence of the brand and the convenience of having all coverages with one company.
Shown below is a list of exclusive insurance agencies in Boston that are able to give comparison quotes.
- Allstate Insurance: Abner Joseph
571 Dudley St Ste A – Boston, MA 02125 – (617) 442-9490 – View Map
- AAA Boston
125 High St – Boston, MA 02110 – (617) 443-9300 – View Map
Agents in the independent channel are not limited to a single company so they have the ability to put coverage with multiple insurance companies and find the cheapest rate. If your premiums go up, they simply switch companies in-house which is easy for the insured. When shopping rates, we recommend you compare quotes from several independent agencies in order to have the best price comparison. Many independent agencies also insure through different regional companies that many times have cheaper rates.
Below is a list of independent insurance agencies in Boston that are able to give price quotes.
- H. Levenbaum Insurance Agency
1534 Dorchester Ave – Dorchester, MA 02122 – (617) 825-3900 – View Map
- HR Hatch Insurance Agency
4401 Washington St – Roslindale, MA 02131 – (617) 325-5522 – View Map
- Marsh and McLennan Agency
500 Boylston St #300 – Boston, MA 02116 – (617) 587-2300 – View Map
Auto insurance coverage specifics
Learning about specific coverages of auto insurance can help you determine the right coverages and proper limits and deductibles. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording.
Auto liability insurance – This coverage provides protection from injuries or damage you cause to a person or their property in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 20/40/5 which means $20,000 bodily injury coverage, $40,000 for the entire accident, and a total limit of $5,000 for damage to vehicles and property.
Liability insurance covers claims such as attorney fees, medical expenses and emergency aid. How much liability coverage do you need? That is up to you, but buy higher limits if possible. Massachusetts requires drivers to carry at least 20/40/5 but you should consider buying more liability than the minimum.
The chart below shows why buying low liability limits may not be adequate.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims like a broken windshield, theft, a tree branch falling on your vehicle and rock chips in glass. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Collision coverage – This coverage covers damage to your Eos resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things such as scraping a guard rail, damaging your car on a curb, rolling your car, colliding with a tree and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible on your Eos to get cheaper collision coverage.
Insurance for medical payments – Medical payments and Personal Injury Protection insurance pay for expenses for things like dental work, chiropractic care, nursing services and X-ray expenses. They are often used in conjunction with a health insurance plan 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 any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay
Uninsured Motorist or Underinsured Motorist insurance – This coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family as well as your vehicle’s damage.
Since a lot of drivers have only the minimum liability required by law (Massachusetts limits are 20/40/5), it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.
Cheaper auto insurance rates are possible
We’ve covered some good ideas how to find cheap Volkswagen Eos insurance in Boston. The key thing to remember is the more companies you get rates for, the more likely it is that you will get a better rate. Consumers may even find the best price on auto insurance is with a lesser-known regional company.
Cheaper Volkswagen Eos insurance in Boston is available both online as well as from independent agents in Boston, and you should be comparing both to have the best chance of lowering rates. Some companies do not provide rates over the internet and usually these regional insurance providers work with local independent agents.
Insureds change insurance companies for any number of reasons including delays in responding to claim requests, an unsatisfactory settlement offer, policy non-renewal or even lack of trust in their agent. No matter why you want to switch, switching companies is less work than it seems.
For more information, link through to these articles:
- Safety Tips for Teen Drivers (Insurance Information Institute)
- Who Has Cheap Boston Car Insurance Rates for Retired Military? (FAQ)
- Who Has Cheap Boston Car Insurance Quotes for Teenagers? (FAQ)
- How Much are Auto Insurance Quotes for Homeowners in Boston? (FAQ)
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- Comprehensive Coverage (Liberty Mutual)
- Electronic Stability Control FAQ (iihs.org)