About Volkswagen Car Insurance
Volkswagen is one of the largest car makers with them having produced quality vehicles since 1937. Volkswagen vehicles are known for their reliability, unique styling, and innovative design. This makes Volkswagen a popular car choice. However, it is important to look into the cost of insuring a Volkswagen with a focus on saving money while getting the highest level of coverage possible.
Before you start comparing car insurance rates with MyChoice, review the content on this page to better understand your options for Volkswagen car insurance.
How Much Does it Cost to Insure Your Volkswagen in Canada?
On average, it costs around $1,184 per year to insure your Volkswagen in Canada. The price will vary depending on your Volkswagen model, year make, region you’re living in and your driving history.
Here’s how much it would cost you on average to insure your Volkswagen in the following cities in Canada:
| City | Average Annual Insurance Premium |
|---|---|
| Toronto, ON | $1,968 |
| Kingston, ON | $1,140 |
| Brampton, ON | $2,688 |
| Barrie, ON | $1,436 |
| Markham, ON | $2,251 |
| Orangeville, ON | $1,613 |
| Calgary, AB | $1,391 |
| Lethbridge, AB | $1,103 |
| Gatineau, QC | $736 |
| Halifax, NS | $1,219 |
| Corner Brook, NL | $1,029 |
| Moncton, NB | $835 |
How Volkswagen Car Insurance Costs Compare to Similar Vehicle Brands
When selecting a vehicle, many potential buyers often weigh the insurance rates of different brands, including Volkswagen, against each other. Insurance costs can significantly influence the decision-making process.
Based on internal customer quote data, our analysis places Volkswagen’s insurance rates in a moderate range among vehicle brands. With an average premium of $1,184, Volkswagen’s rates are lower than those of luxury brands like BMW, Audi, Tesla, Porsche and Mercedes, making it a relatively affordable option for insurance. Here’s a brief comparison:
| Car Model | Average Annual Insurance Premium |
|---|---|
| Volkswagen | $1,184 |
| BMW | $1,498 |
| Audi | $1,600 |
| Tesla | $1,264 |
| Porsche | $1,327 |
| Mercedes | $1,275 |
Volkswagen Car Insurance Rates Through The Years
Volkswagen’s car insurance rates have steadily increased in the past few years. While premiums remained relatively stable from 2020 to 2022, a noticeable increase began in 2023, continuing into 2024 with the highest rates recorded. This reflects the growing costs of insuring Volkswagen vehicles over time.
Volkswagen Car Insurance Rates by Model & Year Make
When insuring your Volkswagen, the model you choose significantly impacts the insurance rates. Our detailed analysis below provides a comprehensive view of the insurance costs for various Volkswagen models from different years.
A Brief History of Volkswagen
Volkswagen was founded in 1937, named German for “People’s Car”. The company was originally founded to produce affordable cars that the average labourer could afford. Volkswagen originally intended to sell their cars through a club model where a labourer would pay a set amount of money per week to get their car. This measure was designed to allow labourers to save for a car in an economy of high inflation.
The British captured the company at the end of the Second World War, with it producing twenty thousand vehicles for the Allies. The company then became an icon of post-World War Germany, producing vehicles for the global market. The company is most famous for the VW Bug, which has been popular for decades. The VW Bug is known as an affordable and reliable car, and it is used as a cab in Mexico, a family car in rural Africa, and a dune buggie in California.
Volkswagen has become a keystone car manufacturer. The company is part of the Volkswagen Group, which owns twelve different car brands, including Audi. Volkswagen has been the largest seller of cars in Europe for twenty years with it being ranked sixth on the Fortune Global 500 list.
Volkswagen Insurance FAQs
What are some of the most popular Volkswagen vehicles?
One of the most popular Volkswagen vehicles is the VW Jetta. The Jetta is a sedan sold in two-door and four-door versions. The car was designed to be an affordable sedan with more space than a Golf. The VW Jetta has a four-star safety rating. The VW Jetta will cost a little bit more to insure than other vehicles, such as the VW Golf. This is because it is a larger car.
The VW Beetle is Volkswagen’s most iconic car, with versions of the vehicle being in production since the company’s founding in 1937. The VW Beetle is an affordable hatchback that gets great gas mileage, has good safety ratings, and offers great performance. The VW Beetle has a four-star safety rating.
Which Volkswagen model is the cheapest to insure?
The cheapest Volkswagen model to insure in Canada is the 2024 Volkswagen Tiguan, with an annual average insurance premium of $961.