Volkswagen Car Insurance

Factors that impact Volkswagen insurance premiums

Calculating car insurance rates is far from simple. Insurers will take a variety of factors into account, some of which are within your control and some of which aren’t. For example, your age, marital status, location, driving history, claims history, and provincial laws can all determine how much you pay for Volkswagen auto insurance. The make, model, and year of the Volkswagen you drive can also impact your car insurance rate. For a list of the most common factors affecting Volkswagen insurance premiums, keep reading.

Age

A driver’s age is one of the most common factors used to determine how much they pay for car insurance. Young drivers typically pay higher premiums because they have minimal experience on the road. Conversely, Volkswagen drivers over a certain age may also pay more for car insurance based on statistical data.

Location

Where you intend to drive your Volkswagen vehicle can also impact your insurance premium. If you live in a high-density city, such as Toronto, Halifax, or Calgary, your insurance premium may be higher simply because there is more traffic, increasing your chances of getting into an accident. In contrast, if you live in a rural part of the country, you may pay less for insurance because there are fewer cars on the road. Lastly, if you live in a region prone to climate related weather incidents, such as floods, this could also affect your Volkswagen insurance rate.

Driving experience and record

Your driving experience and driving record will also be assessed when calculating your insurance premium. Generally speaking, having more driving experience is better than less, however, your experience should also be paired with a clean driving record. Decades of experience behind the wheel coupled with a stellar driving record indicates that you are a safe and responsible driver. On the other hand, if you have a poor driving record with speeding tickets, DUIs, demerit points, and collisions, your insurance premium is likely higher.

Volkswagen model and year

The make, model, and year of the vehicle you drive is another factor that impacts your car insurance rate. The general rule of thumb is the more expensive or luxurious the car, the more it costs to insure. Volkswagens are generally considered affordable and reliable vehicles, which means you could pay less for car insurance by purchasing a Volkswagen, especially if you had a more expensive vehicle before. That said, if you equip your vehicle with all kinds of custom trims, then the cost of repairing or replacing the vehicle goes up, and so too can your insurance. Additionally, the year of the Volkswagen you purchase matters. If you purchase an older model or even a used vehicle, your premium might be less than if you purchase a new, recent model. Ultimately, a variety of factors will determine how much you pay for Volkswagen car insurance in Canada, but if you’re curious about which Volkswagen models are typically the least expensive to insure, speak with a broker today.

Annual mileage

How often you drive your Volkswagen can also impact your auto insurance rate. If you only drive a few times each week, then your odds of getting into an accident are less, and your insurance may be cheaper due to a low mileage car insurance policy. But if you drive well above the average, or you frequently drive at night, on highways, or during rush hour, your chances of getting into an accident go up, and your insurance premium may as well.