Compare 1993 Volkswagen Cabriolet Car Insurance Cost

Being forced to pay for expensive insurance coverage premiums can eat up your funds and maybe even restrict other spending.

Having so many choices, it can be challenging to pick the lowest cost insurance coverage company.

Finding affordable coverage is quite easy. If you currently have a car insurance policy, you should be able to save some money using this information. Although car owners do need to understand the way companies market insurance on the web and use this information to your advantage.

Smart consumers can slash their insurance prices

Consumers need to have an understanding of a few of the rating criteria that go into determining the level of your policy premiums. When you understand what influences your rates, this allows you to make good choices that can help you get big savings. Lots of things are used when you quote your car insurance policy. A few of the factors are predictable like your driving record, but other criteria are not as apparent like where you live or how safe your car is.

Shown below are some of the most rate-impacting factors that factor into your rate level.

• Bad drivers pay high costs – Having just one speeding ticket or other violation could increase your next policy renewal to the point where it’s not affordable. Drivers with clean records get better rates compared to drivers with tickets. Drivers who get severe violations like hit and run, DWI or reckless driving convictions are required to complete a SR-22 to the state department of motor vehicles in order to drive a vehicle legally.
• Small coverages can add up – Policies have extra add-on coverages that you can get tricked into buying if you don’t pay attention. Coverages like replacement cost coverage, towing, and motor club memberships may not be needed and are just wasting money. These may sound like a good investment when discussing your needs, but if you don’t need them consider taking them off your policy.
• Why do you need liability coverage? – Your policy’s liability coverage will provide protection in the event that you are determined to be liable for physical damage or personal injury to other. Your policy’s liability insurance provides legal defense to defend your case. Liability is cheap when compared to the cost of physical damage coverage, so buy as much as you can afford.
• Low mileage costs less – The more you drive your Volkswagen every year the higher your rate. A lot of companies price each vehicle’s coverage based upon how much you drive. Cars used primarily for pleasure use receive lower rates as compared to vehicles used primarily for driving to work. It’s always a good idea to double check that your declarations sheet properly reflects annual mileage, because improper ratings can cost you money. An incorrectly rated Cabriolet is just wasting money.

Insurance policy discounts you can’t miss

Companies don’t always publicize all disounts very clearly, so we researched a few of the more common as well as some of the hidden savings tricks you should be using when you buy car insurance online.

• Seat Belts Save – Drivers who always wear seat belts and also require passengers to use their safety belts can save 10% or more on the medical payments or PIP coverage costs.
• More Vehicles More Savings – Buying a policy with several vehicles with the same insurance company could earn a price break for each car.
• Early Switch Discount – Some larger companies reward drivers for switching policies prior to your current policy expiration. It can save you around 10%.
• Multi-policy Discount – If you combine your auto and homeowners policies and place coverage with the same company you may earn up to 20% and get you cheaper car insurance.
• Senior Citizen Rates – Drivers over the age of 55 may be able to get lower premium rates on Cabriolet coverage.
• Military Discounts – Being on active duty in the military could trigger a small discount.
• Organization Discounts – Being in specific professional or occupational memberships or organizations is a simple method to lower premiums when shopping for insurance.
• Own a Home – Just being a homeowner may trigger a policy discount on insurance because of the fact that having a home means you have a higher level of financial diligence.
• Good Student – Excelling in school can earn a discount of 20% or more. The good student discount can last well after school through age 25.

One thing to note about discounts is that most discounts do not apply to your bottom line cost. Most cut the price of certain insurance coverages like liability and collision coverage. Just because you may think adding up those discounts means a free policy, that’s just not realistic.

A few companies that may include some of the discounts shown above include:

• Travelers
• 21st Century
• State Farm
• Geico
• SAFECO
• AAA

If you need lower rates, check with each company or agent what discounts are available to you. Depending on the company, some discounts may not be offered in your area. To locate insurance companies with discount insurance rates, click here to view.

Insurance agents can help

When it comes to buying the right insurance coverage, there really is not a one size fits all plan. Everyone’s needs are different and a cookie cutter policy won’t apply. For instance, these questions may help you determine whether or not you might need an agent’s assistance.

• Is my teen driver covered when they drive my company car?
• Should I rate my 1993 Volkswagen Cabriolet as pleasure use or commute?
• Is my 1993 Volkswagen Cabriolet covered for smoke damage?
• How much liability do I need to cover my assets?
• What is no-fault insurance?
• What is the rate difference between pleasure use and commuting?
• Are my tools covered if they get stolen from my vehicle?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area.

Coverage specifics

Knowing the specifics of auto insurance can help you determine the best coverages for your vehicles. The terms used in a policy can be confusing and coverage can change by endorsement. Listed below are the normal coverages available from auto insurance companies.

Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and also any damage incurred to your 1993 Volkswagen Cabriolet.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP pay for expenses such as pain medications, EMT expenses and nursing services. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. PIP is not universally available but can be used in place of medical payments coverage

Liability – Liability coverage provides protection from damage or injury you incur to other’s property or people. This insurance protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability coverage protects against things like loss of income, legal defense fees, medical services, funeral expenses and structural damage. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive insurance – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like a broken windshield, hitting a deer, theft and fire damage. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverage – Collision coverage pays for damage to your Cabriolet resulting from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things such as scraping a guard rail, colliding with another moving vehicle, backing into a parked car and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from older vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Saving money is sweet as honey

You just read a lot of tips how to get a better price on 1993 Volkswagen Cabriolet insurance. It’s most important to understand that the more rate quotes you have, the better your comparison will be. Consumers may even find the lowest prices are with an unexpected company. Smaller companies may often insure only within specific states and give getter rates than their larger competitors like Progressive or Geico.

Budget-friendly insurance can be sourced from both online companies and from local agencies, so you should compare both in order to have the best chance of saving money. Some insurance providers may not provide rate quotes online and most of the time these small, regional companies prefer to sell through independent agencies.

When getting car insurance quotes online, don’t be tempted to sacrifice coverage to reduce premiums. There are many occasions where an insured cut physical damage coverage and learned later that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy the best coverage you can find for the lowest cost, not the least amount of coverage.

Additional insurance information can be found below:

• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• Teen Driving and Texting (State Farm)
• A Tree Fell on Your Car: Now What? (Allstate)
• Safety Belts FAQ (iihs.org)
• Prepare your Teens for Safe Driving (InsureUonline.org)