Compare Volkswagen CC Insurance Quotes in Charlotte

Insurance rates Volkswagen CC in CharlotteSaving money on Volkswagen CC insurance in Charlotte is always slightly frustrating for beginners to comparison shopping online. With a ridiculous number of insurers to choose from, it can be a difficult challenge to find more affordable coverage rates on Volkswagen CC insurance.

Shocking but true, 70% of consumers renewed their policy with the same company for more than four years, and almost half have never even compared rates from other companies. The average driver in North Carolina could save an average of as much as $94 each year just by shopping around, but they just assume it takes a lot of time to go online and compare rates.

Volkswagen CC insurance coverage information

The premium information displayed below highlights different insurance prices for Volkswagen CC models. Being able to understand how insurance rates are determined can assist in making decisions on the best policy to buy.

Volkswagen CC Insurance Rates in Charlotte, NC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CC Sport 4-Dr Coupe $186 $378 $234 $14 $70 $882 $74
CC Luxury 4-Dr Coupe $186 $378 $234 $14 $70 $882 $74
CC VR6 Sport 4-Dr Coupe $208 $436 $234 $14 $70 $962 $80
CC VR6 Motion 4-Dr Coupe $208 $436 $234 $14 $70 $962 $80
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Data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rate information does not factor in zip code location which can lower or raise auto insurance rates considerably.

Car insurance deductibles

One of the hardest decisions when shopping for car insurance is how high should the deductibles for physical damage be. The premium rates below show how much more you’ll pay when you select higher and lower comp and collision deductibles. The first data set uses a $100 deductible for comprehensive and collision coverage and the second rate table uses a $500 deductible.

Volkswagen CC insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CC Sport 4-Dr Coupe $242 $456 $250 $14 $74 $1,061 $88
CC Luxury 4-Dr Coupe $242 $456 $250 $14 $74 $1,061 $88
CC VR6 Sport 4-Dr Coupe $270 $524 $250 $14 $74 $1,157 $96
CC VR6 Motion 4-Dr Coupe $270 $524 $250 $14 $74 $1,157 $96
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Volkswagen CC insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CC Sport 4-Dr Coupe $176 $308 $250 $14 $74 $822 $69
CC Luxury 4-Dr Coupe $176 $308 $250 $14 $74 $822 $69
CC VR6 Sport 4-Dr Coupe $196 $354 $250 $14 $74 $888 $74
CC VR6 Motion 4-Dr Coupe $196 $354 $250 $14 $74 $888 $74
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Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Rates do not factor in specific location information which can alter coverage prices significantly.

We can estimate from the data above that using a $100 deductible could cost the average driver approximately $20 more each month or $240 every year than opting for the higher $500 deductible. Since the policyholder would be required to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you tend to have at least 20 months between claims, you would probably save some money if you choose the higher deductible.

How to calculate deductible break even period

Average monthly premium for $100 deductibles: $92
Average monthly premium for $500 deductibles (subtract): – $72
Monthly savings from raising deductible: $20
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $20
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 20 months

One thing to be aware of is that higher deductibles results in having to pay to pay more out-of-pocket when you do file a claim. You need to make sure you have enough money stashed away in order to pay the deductible.

The information below illustrates how choosing a deductible and can change Volkswagen CC insurance prices for each age group. The data assumes a married female driver, full physical damage coverage, and no discounts are taken into consideration.

Full coverage versus liability-only in Charlotte

The example below visualizes the comparison of Volkswagen CC auto insurance rates when comparing full coverage to liability only. The rate quotes are based on no claims, a clean driving record, $500 deductibles, drivers are not married, and no discounts are factored in.

Guidelines for dropping full coverage

There is no definitive guideline to eliminate physical damage coverage, but there is a general guideline you can use. If the annual cost of your full coverage insurance is 10% or more of the settlement you would receive from your company, then it could be time to drop full coverage.

For example, let’s say your Volkswagen CC settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company will settle for is $8,000 after paying the physical damage deductible. If you are paying over $800 a year for full coverage, then it might be time to consider dropping full coverage.

There are some conditions where removing full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you are required to maintain full coverage to satisfy the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not drop full coverage.

What Affects Volkswagen CC Insurance Costs?

Lots of factors are taken into consideration when you get your auto insurance bill. Some are pretty understandable like an MVR report, but other criteria are more obscure such as whether you are married or your commute time. Part of the insurance buying process is learning the factors that come into play when calculating the price you pay for insurance. If you understand what controls the rates you pay, this enables you to make decisions that can earn you lower insurance prices.

The items below are a few of the things used by insurance companies to determine rates.

Don’t give up on cheaper rates

As you restructure your insurance plan, do not buy less coverage just to save a little money. There are a lot of situations where an insured dropped physical damage coverage only to find out they didn’t have enough coverage. Your goal should be to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.

A few companies may not offer online price quotes and most of the time these small, regional companies sell through independent insurance agencies. Discount Volkswagen CC insurance is definitely available from both online companies and also from your neighborhood Charlotte agents, so you need to compare both in order to have the best chance of saving money.

We just covered quite a bit of information on how to save on Volkswagen CC insurance in Charlotte. The key thing to remember is the more price quotes you have, the more likely it is that you will get a better rate. You may even find the most savings is with the smaller companies.

How to find the cheapest rates for Volkswagen CC insurance in Charlotte

If your goal is the lowest price, then the best way to get more affordable Volkswagen CC insurance is to make a habit of comparing prices annually from insurance carriers who provide car insurance in Charlotte. You can compare rates by completing these steps.

First, get an understanding of auto insurance and the factors you can control to drop your rates. Many risk factors that drive up the price like tickets, at-fault accidents, and a substandard credit history can be controlled by improving your driving habits or financial responsibility.

Second, get rate quotes from direct, independent, and exclusive agents. Exclusive and direct companies can give quotes from one company like GEICO or Farmers Insurance, while agents who are independent can provide rate quotes for many different companies.

Third, compare the quotes to your current policy to see if switching to a new carrier will save money. If you can save money, verify that coverage does not lapse between policies.

Fourth, notify your company or agent to cancel your current auto insurance policy and submit a down payment along with a completed application to your new company or agent. Immediately place your new proof of insurance paperwork with your vehicle’s registration.

An essential thing to point out is that you’ll want to make sure you compare similar deductibles and liability limits on each quote and and to get rate quotes from as many auto insurance providers as possible. Doing this guarantees an apples-to-apples comparison and the best price selection.

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