Car Insurance Rates for a Volkswagen Jetta in Chicago

Discount Volkswagen Jetta insuranceTrying to find lower-priced auto insurance rates in Chicago, IL? Chicago consumers have lots of choices when looking for the lowest priced Volkswagen Jetta insurance. They can either waste time contacting agents trying to get quotes or save time using the internet to find the lowest rates.

There are more efficient ways to compare auto insurance rates so you’re going to learn the quickest way to price shop coverage for your Volkswagen and locate the best price possible from both online companies and Chicago agents.

Smart consumers take time to shop coverage around before your next renewal because rates are usually higher with each renewal. Just because you had the lowest rate on Volkswagen Jetta insurance in Chicago a year ago there is a good chance you can find better prices now. Forget anything you know (or think you know) about auto insurance because you’re about to learn the best way to find lower rates on auto insurance.

Chicago insurance discounts for a Volkswagen Jetta

Some insurers don’t list all available discounts in an easy-to-find place, so the list below contains a few of the more well known and the more hidden credits that you can use to lower your rates. If you are not receiving all the discounts you deserve, you could be getting lower rates.

A little note about advertised discounts, most discount credits are not given to the entire cost. Some only apply to the price of certain insurance coverages like medical payments or collision. Just because you may think you would end up receiving a 100% discount, insurance companies wouldn’t stay in business. But all discounts will lower the amount you pay for coverage.

Companies and a summarized list of policyholder discounts are shown below.

If you need lower rates, check with each company to give you their best rates. All car insurance discounts might not be offered on policies in every state.

The companies shown below are ready to provide quotes in Illinois. If the list has multiple companies, we recommend you click on several of them in order to find the lowest rates.

Volkswagen Jetta Insurance Price Estimates in Chicago, IL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Jetta S 4-Dr Sedan $96 $178 $246 $14 $74 $608 $51
Jetta S 2.5 Station Wagon $138 $262 $300 $18 $90 $808 $67
Jetta LE 4-Dr Sedan $194 $384 $340 $20 $102 $1,040 $87
Jetta SE 4-Dr Sedan $260 $400 $342 $20 $102 $1,124 $94
Jetta SE 2.5 Station Wagon $220 $392 $226 $14 $68 $920 $77
Jetta 2.0T 4-Dr Sedan $168 $298 $268 $16 $80 $830 $69
Jetta SEL 4-Dr Sedan $136 $284 $340 $20 $102 $882 $74
Jetta 2.0T Station Wagon $138 $290 $268 $16 $80 $792 $66
Get Your Own Custom Quote Go

Above prices assume single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Illinois minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Price estimates do not factor in specific garaging location which can lower or raise premiums considerably.

Higher deductibles lower rates

One of the more difficult decisions when buying auto insurance is where to set your physical damage deductibles. The data tables below may help you to understand how much more rates are when you buy lower versus higher physical damage coverage deductibles. The first rate table uses a $250 comprehensive and collision deductible and the second price table uses a $1,000 deductible.

Volkswagen Jetta insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Jetta S 4-Dr Sedan $202 $340 $262 $16 $78 $923 $77
Jetta S 2.5 Station Wagon $202 $340 $222 $14 $66 $869 $72
Jetta LE 4-Dr Sedan $202 $340 $262 $16 $78 $923 $77
Jetta SE 4-Dr Sedan $228 $400 $262 $16 $78 $1,009 $84
Jetta SE 2.5 Station Wagon $228 $400 $222 $14 $66 $955 $80
Jetta 2.0T 4-Dr Sedan $228 $400 $262 $16 $78 $1,009 $84
Jetta SEL 4-Dr Sedan $228 $400 $262 $16 $78 $1,009 $84
Jetta 2.0T Station Wagon $228 $400 $222 $14 $66 $955 $80
Get Your Own Custom Quote Go

Volkswagen Jetta insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Jetta S 4-Dr Sedan $124 $214 $262 $16 $78 $694 $58
Jetta S 2.5 Station Wagon $124 $214 $222 $14 $66 $640 $53
Jetta LE 4-Dr Sedan $124 $214 $262 $16 $78 $694 $58
Jetta SE 4-Dr Sedan $140 $252 $262 $16 $78 $748 $62
Jetta SE 2.5 Station Wagon $140 $252 $222 $14 $66 $694 $58
Jetta 2.0T 4-Dr Sedan $140 $252 $262 $16 $78 $748 $62
Jetta SEL 4-Dr Sedan $140 $252 $262 $16 $78 $748 $62
Jetta 2.0T Station Wagon $140 $252 $222 $14 $66 $694 $58
Get Your Own Custom Quote Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Illinois minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Premium costs do not factor in specific zip code location which can raise or lower rates greatly.

Based on the above data, using a $250 deductible would cost the average driver about $21 more each month or $252 every year than quoting the higher $1,000 deductible. Because you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to average more than 36 months between claims, you would more than likely save some money by selecting a higher deductible.

How to determine if a higher deductible is a good idea

Average monthly premium for $250 deductibles: $80
Average monthly premium for $1,000 deductibles (subtract): – $59
Monthly savings from raising deductible: $21
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $21
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 36 months

Deductible comparison

The information below illustrates how choosing a deductible and can affect Volkswagen Jetta insurance costs for each different age group. The rate quotes are based on a married male driver, full physical damage coverage, and no discounts are applied.

Cost of full coverage

The chart below shows the difference between Volkswagen Jetta annual premium costs with and without full coverage. Data assumes no claims or driving citations, $1,000 deductibles, single male driver, and no other discounts are factored in.

When to stop buying physical damage coverage

There isn’t a steadfast formula to drop comp and collision coverage, but there is a general convention. If the yearly cost of full coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s say your Volkswagen Jetta book value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company would pay you is $7,000 after paying your policy deductible. If you are currently paying more than $700 a year for your policy with full coverage, then you may need to consider dropping full coverage.

There are some situations where buying only liability insurance is not recommended. If you haven’t paid off your loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should maintain full coverage.

How to Lower Your Insurance Rates

Many things are used when you get a price on insurance. Some are pretty understandable like your driving record, but others are less obvious such as your credit history or your vehicle rating.

Insurance agents can help

Always keep in mind that when comparing the right insurance coverage, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For instance, these questions might help in determining if your situation might need an agent’s assistance.

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

Local Chicago insurance agencies

A lot of people just want to sit down with an agent and that is just fine! Good insurance agents are highly skilled in risk management and give you someone to call. One of the great benefits of getting free rate quotes online is you can get cheap car insurance rates and still choose a local agent. And buying from neighborhood insurance agencies is definitely important in Chicago.

Find insurance agent in ChicagoTo help locate an agent, after submitting this form (opens in new window), your information is sent to participating agents in Chicago that give free quotes for your business. You don’t have to leave your computer as quotes are delivered to the email address you provide. If for some reason you want to get a comparison quote for a specific company, you just need to find their quoting web page and complete a quote there.

How to choose the best car insurance agent in Chicago

If you want a reputable insurance agent or broker, it can be helpful to understand the types of insurance agents and how they work. Insurance agencies in Chicago can be classified as either exclusive agents or independent agents. Either one can sell affordable car insurance policies, but it’s good to learn how they differ since it could factor into buying decisions.

Independent Car Insurance Agencies

Agents that choose to be independent are not required to write business for one company so they can quote policies amongst many companies and get the cheapest rates. To transfer your coverage to a different company, they can switch companies in-house and you don’t have to do anything.

When comparison shopping, it’s recommended you get rate quotes from several independent agencies in order to have the best price comparison. Most independent agents also contract with less well-known companies that many times have cheaper rates.

Listed below is a small list of independent agencies in Chicago who may be able to give you free price quotes.

More insurance agents

Exclusive Car Insurance Agencies

Agents in the exclusive channel can only place business with one company such as Allstate, State Farm and Farmers Insurance. They usually cannot compare rates from other companies so you might not find the best rates. They are well schooled on their products and sales techniques which helps them sell on service rather than price. Many people purchase coverage from exclusives mostly because of the prominent brand name and strong financial ratings.

Below are exclusive agents in Chicago that can give you rate quotes.

More insurance agents

Choosing the best insurance agent is decision based upon more than just the premium amount. These are some valid questions you should ask.

Three main reasons to buy car insurance

Even though Chicago Jetta insurance rates can get expensive, buying car insurance is mandatory in Illinois but it also protects more than you think.

The benefits of having car insurance greatly outweigh the cost, particularly when you have a large claim. The average driver in Illinois is overpaying more than $750 every year so shop around each time the policy renews to help ensure money is not being wasted.

In conclusion

Lower-priced car insurance in Chicago can be sourced from both online companies and from local agencies, and you should compare price quotes from both to have the best selection. Some insurance providers do not offer internet price quotes and most of the time these small, regional companies only sell coverage through independent insurance agents.

As you prepare to switch companies, it’s a bad idea to reduce coverage to reduce premium. Too many times, an insured cut full coverage to discover at claim time that it was a big error on their part. Your focus should be to get the best coverage possible at an affordable rate, but do not skimp to save money.

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