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Founded in 1937, Volkswagen is a German automobile manufacturer with its name literally meaning the 'people's car' (volks-wagen), and has gone to become an extremely popular brand. Volkswagen vehicles have one of the most durable and long lasting engine designs in the market. The original Volkswagen emerged at a time when most vehicles in Germany were luxury models and the most a common man could afford was a motorcycle. Ironically, that first “people’s car” came from designer Ferdinand Porsche. By 1960, the Beetle had become Canada's third best-selling car. In 2018, the seventh generation Jetta and Golf became one of the ten best selling cars in Canada. The mid-size Passat, the compact Tiguan, the Touareg, the Eos, and the CC are other Volkswagen models that have stood out in popularity and sales in the North America.
The insurance rates for your Volkswagen car will be based on factors and risks associated with theft or car accidents. In addition, your Volkswagen auto insurance company will issue insurance rates based on how you use your vehicle and your driving record. You may be eligible for discounts that could help lower your insurance premiums.
Do proper research and make informed decisions before purchasing your Volkswagen car. The Canadian Loss Experience Automobile Rating (CLEAR) system is used to assess data for each make and model, which is in turn used to calculate actual claims risk (expected claims frequency and the likelihood of theft). You should be looking for a lower CLEAR rating that tells you that your Volkswagen car has a lower claims risk. The lower the claims risk, the greater chances of lower insurance rates!
Both the Volkswagen Golf and Jetta were among the best selling vehicles in Canada in 2020, according to GoodCarBadCar.net. View the relative insurance economy, fuel efficiency and year-over-year sales data for these popular Volkswagen models below:
| Volkswagen model | Rank of insurance economy among top selling vehicles | Estimated annual fuel cost |
|---|---|---|
| Golf | Second | $1,605 - $2,057 |
| Jetta | Fourth | $1,582 - $1,921 |
| Car Make & Model | 2020 Sales | 2019 Sales | Change |
|---|---|---|---|
| Volkswagen Golf | 13,113 | 19,668 | -33.33% |
| Volkswagen Jetta | 10,552 | 17,260 | -38.86% |
Purchasing a Volkswagen is a good decision because these types of vehicles often come equipped with better safety features and ratings than other vehicles. This may translate to lower insurance premiums for your Volkswagen and help you stay within your budget. Wondering when you should get car insurance in Ontario? Now is probably a good time! You should always shop around and compare car insurance quotes when you are getting insurance for the first time, when your policy is up for renewal, and when your driving situation changes.
You can now compare Volkswagen car insurance quotes online and get great rates for your beloved Volkswagen car with a click of a button.
Lubna Umar is an SEO Content Manager at RATESDOTCA. She has produced a wide variety of content, including academic essays, pieces of fiction and financial literacy guides. In her free time, she can be found exploring the café culture in Toronto or any other major city.
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