Insuring a Volkswagen

In exchange for a slightly higher price, the typical Volkswagen delivers an exceptional driving experience and reliable quality. These vehicles are also nice to own because customers are treated well by Volkswagen. Although they are slightly more expensive in general, they aren't exorbitantly overpriced. When looking for a reliable vehicle that is fun to drive, you'd be smart to consider a Volkswagen. One definite perk of owning a Volkswagen is that you won't pay an excessively high amount to keep it insured. The average annual cost to insure a Volkswagen is $1,468.27, which ranks the brand 14th on a list of 36 makes. There are cheaper cars in terms of insurance, but Volkswagen vehicles are still solidly on the cheaper end of the scale. There are many fuel-efficient VW cars available too, so that is yet another bonus. Learn more about how insurance costs are calculated for Volkswagen vehicles by checking out the following information.

The History of Volkswagen

Volkswagen got its start when Ferdinand Porsche was commissioned to design a small, cost-effective vehicle. The end result was a compact car that was quickly dubbed the Volkswagen. The term Volkswagen means "people's car" in German. Shortly thereafter, a factory was built to produce the vehicle. A small town was also built to keep it running. During World War II, the factory was damaged. When the war ended, the company's name was officially changed to Volkswagen. By the end of the 1940s, the Beetle was well on its way to becoming the top-selling car of all time. The first VW cars showed up in the U.S. in 1949. During the 1980s, the Golf became the first car to be built by robots. Since the dawn of the 21st century, Volkswagen has entered the luxury segment and has enjoyed great success.

Reasonable MSRPs Help to Keep Insurance Costs in Check

As mentioned above, VW cars cost more than many other cars in their class. However, the price is mostly justifiable. The Tiguan SUV, for instance, has a starting MSRP of around $23,000. The popular Golf can be had for as little as $18,000. As for the Jetta, the starting price hovers right around $15,000. When you factor in the reasonable insurance costs, you're sure to find that a Volkswagen is well worth it.

Low Theft Rates Prevent Skyrocketing Insurance Prices

Insurance companies have to assess the likelihood of a specific car being stolen. If it's likely to be stolen, its premium has to be raised. Luckily, Volkswagen cars are not popular with car thieves. The National Insurance Crime Bureau maintains a list of the top 100 most stolen cars. Only one VW, the Jetta, appears, and it is ranked at number 83. Therefore, theft rates don't seriously impact the costs associated with insuring a Volkswagen.

Top-Notch Safety Ratings Keep Insurance Costs Under Control

Unsafe cars are usually given higher premiums. After all, they are more likely to incur damage, and their occupants are more likely to be injured. Volkswagen cars are very safe, though, so their insurance premiums tend to be on the lower end of the scale. The Insurance Institute for Highway Safety has given all perfect marks of "Good" to the Golf, Jetta and Tiguan, so it's clear that VW cars are very safe.

The typical annual cost to insure various VW cars is as follows:

• Golf 5-Cylinder Hatchback - $1,272.00
• Jetta 4-Cylinder Sedan - $1,256.00
• Tiguan 4-Cylinder SUV - $1,273.00