Are you searching for lower-priced Volkswagen Jetta insurance in Memphis? Trying to find cheaper insurance for a new or used Volkswagen Jetta in Tennessee could be an all-consuming task, but you can learn our car insurance buying tips to make it easier. There are both good and bad ways to compare car insurance rates and you need to know the best way to quote coverages for your Volkswagen and locate the cheapest rates either online or from Memphis insurance agents.
It’s an obvious conclusion that auto insurance companies don’t want policyholders to shop around. Insureds who shop around for cheaper price quotes are very likely to buy a different policy because there is a great chance of finding coverage at a cheaper rate. A recent car insurance study revealed that people who compared prices once a year saved $70 a month compared to those who don’t make a habit of comparing rates.
If finding the lowest price on car insurance is your intention, then knowing the best ways to shop for coverages can save money and time.
You should take the time to get comparison quotes as often as possible due to the fact that insurance prices are usually higher with each renewal. Even if you got the best deal on Volkswagen Jetta insurance in Memphis two years ago there is a good chance you can find better premium rates now. Forget all the misinformation about car insurance because you’re about to learn how to use the internet to properly buy coverages while reducing your premium.
If you have insurance now or are looking for a new policy, use these techniques to save money without reducing coverage. Comparing rates for the cheapest policy in Memphis is not that difficult. Smart buyers just have to learn the most time-saving way to compare different rates online.
Getting a cheaper price on Volkswagen Jetta insurance can be relatively painless. All that’s required is to invest a little time to get quotes online with multiple companies.
The companies shown below offer price comparisons in Memphis, TN. If you want to find the best auto insurance in Memphis, TN, it’s a good idea that you get price quotes from several of them to get the best price comparison.
Affordable rates with discounts
The price of auto insurance can be rather high, but you may find discounts to cut the cost considerably. Certain discounts will be triggered automatically at the time you complete a quote, but less common discounts must be manually applied prior to receiving the credit. If you do not double check each discount possible, you are paying more than you should be.
- Anti-lock Brakes – Cars and trucks equipped with ABS or steering control can reduce accidents and will save you 10% or more on Jetta insurance in Memphis.
- Professional Memberships – Being in a professional or civic organization is a good way to get lower rates on your policy.
- Onboard Data Collection – Insureds who allow their insurance company to spy on driving patterns by installing a telematics device such as Snapshot from Progressive or Drivewise from Allstate could see a rate decrease if they show good driving skills.
- Military Rewards – Being on active duty in the military could mean lower insurance rates.
- Payment Discounts – If you can afford to pay the entire bill instead of making monthly payments you may reduce your total bill.
While discounts sound great, it’s important to understand that most discount credits are not given to the whole policy. Most only reduce the cost of specific coverages such as liability, collision or medical payments. Even though the math looks like having all the discounts means you get insurance for free, nobody gets a free ride. Any qualifying discounts will positively reduce the premium cost.
The chart below illustrates the difference between Volkswagen Jetta auto insurance rates with and without discounts applied to the premium. The costs are based on a female driver, no claims or violations, Tennessee 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 homeowner, marriage, multi-policy, multi-car, safe-driver, and claim-free discounts applied.
Large insurance companies and a partial list of their discounts are outlined below.
- 21st Century offers premium reductions for defensive driver, 55 and older, good student, air bags, theft prevention, and anti-lock brakes.
- Progressive offers discounts including multi-policy, continuous coverage, online quote discount, homeowner, good student, and online signing.
- State Farm has savings for anti-theft, passive restraint, multiple policy, defensive driving training, accident-free, and Drive Safe & Save.
- Nationwide offers discounts for defensive driving, Farm Bureau membership, good student, multi-policy, anti-theft, and easy pay.
- Esurance may offer discounts for anti-theft, DriveSense, multi-car, renters, and online quote.
- The Hartford has discounts for vehicle fuel type, anti-theft, defensive driver, air bag, good student, driver training, and bundle.
Before buying, ask each company or agent how many discounts you can get. Savings might not be available to policyholders in every state. To see companies that offer multiple discounts in Memphis, click this link.
Rates and data analysis
The premium information displayed next highlights detailed analysis of insurance coverage prices for Volkswagen Jetta models. Being more informed about how insurance policy premiums are established helps drivers make smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Jetta S 4-Dr Sedan | $134 | $232 | $294 | $18 | $88 | $766 | $64 |
| Jetta S 2.5 Station Wagon | $134 | $232 | $250 | $14 | $74 | $704 | $59 |
| Jetta LE 4-Dr Sedan | $134 | $232 | $294 | $18 | $88 | $766 | $64 |
| Jetta SE 4-Dr Sedan | $150 | $274 | $294 | $18 | $88 | $824 | $69 |
| Jetta SE 2.5 Station Wagon | $150 | $274 | $250 | $14 | $74 | $762 | $64 |
| Jetta 2.0T 4-Dr Sedan | $150 | $274 | $294 | $18 | $88 | $824 | $69 |
| Jetta SEL 4-Dr Sedan | $150 | $274 | $294 | $18 | $88 | $824 | $69 |
| Jetta 2.0T Station Wagon | $150 | $274 | $250 | $14 | $74 | $762 | $64 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Rate quotes do not factor in garaging location in Memphis which can decrease or increase premium rates noticeably.
Rate comparison for different deductibles
One of the most common car insurance questions is how high should the physical damage coverage deductibles be. The rates shown below may aid in understanding how much more you’ll pay when you select higher and lower policy deductibles. The first data table uses a $250 physical damage coverage deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Jetta S 4-Dr Sedan | $224 | $376 | $288 | $18 | $86 | $1,017 | $85 |
| Jetta S 2.5 Station Wagon | $224 | $376 | $246 | $14 | $74 | $959 | $80 |
| Jetta LE 4-Dr Sedan | $224 | $376 | $288 | $18 | $86 | $1,017 | $85 |
| Jetta SE 4-Dr Sedan | $252 | $444 | $288 | $18 | $86 | $1,113 | $93 |
| Jetta SE 2.5 Station Wagon | $252 | $444 | $246 | $14 | $74 | $1,055 | $88 |
| Jetta 2.0T 4-Dr Sedan | $252 | $444 | $288 | $18 | $86 | $1,113 | $93 |
| Jetta SEL 4-Dr Sedan | $252 | $444 | $288 | $18 | $86 | $1,113 | $93 |
| Jetta 2.0T Station Wagon | $252 | $444 | $246 | $14 | $74 | $1,055 | $88 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Jetta S 4-Dr Sedan | $138 | $236 | $288 | $18 | $86 | $766 | $64 |
| Jetta S 2.5 Station Wagon | $138 | $236 | $246 | $14 | $74 | $708 | $59 |
| Jetta LE 4-Dr Sedan | $138 | $236 | $288 | $18 | $86 | $766 | $64 |
| Jetta SE 4-Dr Sedan | $156 | $278 | $288 | $18 | $86 | $826 | $69 |
| Jetta SE 2.5 Station Wagon | $156 | $278 | $246 | $14 | $74 | $768 | $64 |
| Jetta 2.0T 4-Dr Sedan | $156 | $278 | $288 | $18 | $86 | $826 | $69 |
| Jetta SEL 4-Dr Sedan | $156 | $278 | $288 | $18 | $86 | $826 | $69 |
| Jetta 2.0T Station Wagon | $156 | $278 | $246 | $14 | $74 | $768 | $64 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Rates do not factor in specific location which can increase or decrease rates greatly.
Based on this data, using a $250 deductible will cost you roughly $23 more each month or $276 for a full year than selecting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have at least 33 months between claims, you would most likely save money if you opt for a higher deductible.
The diagram below demonstrates how deductible levels and can affect Volkswagen Jetta insurance costs for different age groups. The premiums assume a single male driver, full coverage, and no additional discounts are factored in.
Volkswagen Jetta insurance premiums by gender in Memphis
The example below illustrates the comparison of Volkswagen Jetta insurance premiums for male and female drivers. Data assumes no driving violations, no at-fault accidents, full coverage, $100 deductibles, single marital status, and no discounts are applied to the premium.
Full coverage or liability only
The illustration below illustrates the comparison of Volkswagen Jetta insurance premiums with and without physical damage coverage. The rate quotes are based on no tickets, no at-fault accidents, $250 deductibles, drivers are not married, and no other discounts are factored in.
Are you wasting money on full coverage?
There is no clear-cut rule for dropping physical damage coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than about 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your Volkswagen Jetta book value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company will settle for is $8,000 after you pay the deductible. If you are paying over $800 a year for physical damage coverage, then you might consider buying liability only.
There are some conditions where buying only liability insurance is not in your best interest. If you still have a loan on your vehicle, you are required to maintain full coverage in order to keep the loan. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should keep full coverage on your policy.
How do Car Insurance Companies Determine Volkswagen Jetta Insurance Prices?
Lots of things are considered when quoting car insurance. A few of the factors are predictable such as your driving record, although some other factors are less obvious like your vehicle usage or how financially stable you are.
The itemized list below are some of the factors utilized by car insurance companies to help set your rate level.
Little extras can really add up – Policies have extra coverages that can waste your money on your Jetta policy. Coverage for things like replacement cost coverage, towing, and extra life insurance coverage may be costing you every month. You may think they are a good idea initially, but if you don’t need them get rid of them and save.
Better drivers have lower rates – Having a single citation can boost insurance rates by as much as thirty percent. Good drivers get better prices as compared to those with violations. People who have license-revoking tickets such as reckless driving or DUI may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
The chart below demonstrates how citations and at-fault collisions can affect Volkswagen Jetta insurance prices for each age group. The premiums are based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no additional discounts are factored in.
Where you reside – Having an address in small towns and rural areas can be a good thing when insuring your vehicles. People who live in big cities tend to have more aggressive driving styles and longer commute times. Lower population translates into fewer accident claims as well as less vandalism and auto theft.
No policy gaps is important – Going without insurance is a quick way to increase your car insurance rates. Not only will rates go up, failure to provide proof of insurance could earn you a license revocation or jail time. You will then be forced to file a SR-22 with the Tennessee DMV.
Cut rates and deter theft – Selecting a car model with advanced anti-theft systems can help bring down rates. Systems that thwart thieves like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent car theft.
Volkswagen Jetta claim data – Insurance companies use past loss statistics for each vehicle as a way to help calculate a profitable premium rate. Vehicles that statistically have a trend towards higher claim severity or frequency will be charged more to insure. The information below illustrates the compiled insurance loss statistics for Volkswagen Jetta vehicles.
For each coverage category, the claim probability for all vehicles, regardless of manufacturer or model, is equal to 100. Values that are below 100 are indicative of better than average losses, while values that are 100 or greater show a trend for more claims or an increased likelihood of larger losses.
| Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Volkswagen Jetta | 110 | 118 | 93 | 113 | 123 | 127 |
| Volkswagen Jetta Hybrid | 128 | 121 | 114 | 104 |
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Local Memphis insurance agents
Many drivers would prefer to go talk to an agent. Professional insurance agents can help determine the best coverages and help you file claims. An additional benefit of comparing rate quotes online is the fact that drivers can get cheaper premium rates but still work with a licensed agent.
For easy comparison, once you complete this form (opens in new window), the coverage information is instantly submitted to local insurance agents that provide free Memphis car insurance quotes and help you find cheaper coverage. You won’t even need to visit any agencies since price quotes are sent to the email address you provide. If you have a need to compare rates from a particular provider, you can always search and find their rate quote page and fill out the quote form the provide.
Deciding on an provider shouldn’t rely on just the quoted price. Before buying a policy in Memphis, get answers to these questions.
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Does the agency have a good rating with the Better Business Bureau?
- What is the financial rating for the quoted company?
- If you are a high risk driver, do they have special markets for your coverage?
- Does the agent recommend any additional coverage?
- Do they offer accident forgiveness?
- Do they offer claims assistance after hours?
Pick the best car insurance agent in Memphis for you
When researching local Memphis agents, you must know there are a couple types of insurance agents and how they function. Agents in Memphis may be either independent or exclusive. Either type can insure your vehicles, but it’s worth mentioning the difference between them because it may have an impact on buying decisions.
Exclusive Insurance Agents
Exclusive insurance agents can only provide one company’s prices such as Farmers Insurance and State Farm. These agents are not able to provide rate quotes from other companies so they really need to provide good service. Exclusive agencies are well schooled on their company’s products which helps them sell on service rather than price. Some insured continue to use the same agent mainly due to the brand and solid financial strength.
Shown below are exclusive agents in Memphis that can give you price quotes.
- Allstate Insurance: Ezekeil Hudson
53 Monroe Ave – Memphis, TN 38103 – (901) 235-9315 – View Map - State Farm: Warren Hodges
5170 Sanderlin Ave #204 – Memphis, TN 38117 – (901) 767-2000 – View Map - Ron Willis – State Farm Insurance Agent
3486 Poplar Ave #102 – Memphis, TN 38111 – (901) 454-7912 – View Map
Independent Agents
Independent agents are not employed by one company so they can write business with multiple insurance companies and get you the best rates possible. If you are not satisfied with one company, they simply switch companies in-house which is easy for the insured.
When comparing rate quotes, you will definitely want to include price quotes from at a minimum one independent agency to get the best comparison. Many write coverage with mutual insurance companies which can be an advantage.
Below is a short list of independent agents in Memphis who can help you get rate quotes.
- Farris Evans Insurance Agency Inc
1568 Union Ave – Memphis, TN 38104 – (901) 274-5424 – View Map - Peterson Insurance Services, Inc.
8046 N Brother Blvd #101 – Memphis, TN 38133 – (901) 386-4777 – View Map - First Reliable Insurance Agency
5495 Winchester Rd Suite 3 – Memphis, TN 38115 – (901) 362-6052 – View Map
Insurance savings summarized
We covered a lot of information how to reduce Volkswagen Jetta insurance car insurance rates online in Memphis. It’s most important to understand that the more times you quote, the better your comparison will be. Consumers could even find that the best price on insurance is with the least-expected company.
When you buy Memphis car insurance online, you should never buy less coverage just to save a little money. There are many occasions where someone sacrificed physical damage coverage only to regret at claim time that the savings was not a smart move. Your goal is to purchase plenty of coverage at the best cost but still have enough coverage for asset protection.
There are still a few companies who may not have rate quotes online and many times these small insurance companies sell through local independent agencies. Lower-priced Volkswagen Jetta insurance in Memphis is possible on the web and from local agencies, so compare prices from both to have the best chance of lowering rates.
Steps to buying cheaper Volkswagen Jetta insurance in Memphis
If saving the most money is your goal, then the best way to find better pricing on car insurance rates is to start comparing rates regularly from different companies who can sell car insurance in Memphis. Rate comparisons can be done by following these guidelines.
Step 1: Try to learn a little about the different coverages in a policy and the measures you can take to keep rates in check. Many factors that result in higher rates such as accidents, careless driving, and a poor credit score can be controlled by making small lifestyle or driving habit changes.
Step 2: Compare rates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from a single company like GEICO and Allstate, while independent agencies can provide price quotes for a wide range of companies.
Step 3: Compare the new quotes to the premium of your current policy and determine if there is any savings. If you find a lower rate, make sure coverage is continuous and does not lapse.
Step 4: Provide adequate notice to your current company of your intention to cancel your current policy. Submit payment and a completed application to the new insurer. Don’t forget to place the new certificate verifying coverage along with your vehicle registration.
A good tip to remember is to use identical coverage information on each price quote and and to look at as many car insurance companies as possible. Doing this guarantees the most accurate price comparison and a complete price analysis.
More information can be found at the links below
- Drunk Driving Statistics (Insurance Information Institute)
- Who Has Affordable Memphis Auto Insurance for College Students? (FAQ)
- How Much is Car Insurance for Veterans in Memphis? (FAQ)
- Who Has Affordable Memphis Auto Insurance Quotes for Active Military? (FAQ)
- Who Has Cheap Memphis Auto Insurance for Seniors? (FAQ)
- Who Has Cheap Auto Insurance Quotes for a 20 Year Old Male in Memphis? (FAQ)
- What Insurance is Cheapest for a Learners Permit in Memphis? (FAQ)
- Who Has Cheap Memphis Car Insurance Rates for Nurses? (FAQ)
- Dangers of fake or stolen airbags (Insurance Institute for Highway Safety)
- What is Gap Insurance? (Insurance Information Institute)
- Where can I buy Insurance? (Insurance Information Institute)
- How to Avoid Buying a Flooded Car (Insurance Information Institute)