Lower Your 1995 Volkswagen GTI Car Insurance Rates

Want lower insurance rates for your Volkswagen GTI? Have you fallen victim to high-priced insurance? Say no more because many drivers feel the same as you.

Due to the abundance of online and local companies to choose from, it’s difficult to find the best insurer.

You should take the time to check insurance prices at least once a year because rates are adjusted regularly by insurance companies. Just because you found the lowest premium rates on GTI insurance on your last policy you can probably find a better price now. You can find a lot of misleading information regarding insurance online, but we’re going to give you some good information on how to lower your insurance premiums.

Are you earning every discount?

Car insurance companies do not list the complete list of policy discounts very clearly, so below is a list a few of the more well known in addition to some of the lesser obvious savings tricks you should be using when you buy auto insurance online. If you don’t get every credit possible, you are not getting the best rate possible.

• College Student Discount – Any of your kids who attend college more than 100 miles from home and leave their car at home can receive lower rates.
• No Charge for an Accident – This isn’t a discount exactly, but a few companies such as Liberty Mutual, Allstate and State Farm may permit one accident without raising rates as long as you don’t have any claims before the accident.
• Early Switch Discount – Some larger companies give discounts for buying a new policy prior to your current policy expiration. Ten percent is about the average savings.
• Discount for New Cars – Adding a new car to your policy can be considerably cheaper compared to insuring an older model.
• Multiple Vehicles – Purchasing coverage when you have multiple cars with the same company could earn a price break for each car.
• Payment Method – If you pay your bill all at once rather than paying in monthly installments you could save up to 5%.
• Membership in Organizations – Having an affiliation with specific professional or occupational memberships or organizations can get you a small discount when getting a auto insurance quote.

One thing to note about discounts is that most of the big mark downs will not be given the the whole policy. Most only apply to individual premiums such as liability and collision coverage. So even though it sounds like it’s possible to get free car insurance, you aren’t that lucky. But any discount should definitely cut the premium cost.

A few companies that have some of the above discounts possibly include:

• State Farm
• Nationwide
• Geico
• AAA
• 21st Century
• The Hartford

If you want cheap auto insurance quotes, ask every insurance company the best way to save money. A few discounts might not be available to policyholders everywhere. To choose insurers that provide some of the discounts listed above, follow this link.

When in doubt talk to an agent

When buying adequate coverage, there isn’t really a “perfect” insurance plan. Every insured’s situation is different so this has to be addressed. For instance, these questions can aid in determining whether you could use an agent’s help.

• Is business property covered if stolen from my car?
• Can I afford to pay high deductible claims out of pocket?
• If my pet gets injured in an accident are they covered?
• Exactly who is provided coverage by my policy?
• Does having multiple vehicles earn me a discount?
• Does medical payments coverage apply to all occupants?
• What if I owe more than I can insure my car for?
• How much liability do I need to cover my assets?
• Can I drive in Mexico and have coverage?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier

Will you really save $462 on insurance coverage?

Well-known insurance coverage companies like State Farm, Geico and Progressive endlessly run ads on television and other media. All the companies make the same claim that drivers can save some big amount if you switch your policy. How does each company charge less that you’re paying now? Here is how they do it.

Companies have underwriting criteria for the type of driver that makes them money. A good example of this type of driver could be over the age of 40, has other policies, and drives a vehicle with a low ISO rating. Any driver who fits that profile will get the preferred premium rates and will most likely save a lot of money.

Consumers who are not a match for the “perfect” profile must pay more expensive rates which results in the prospect going elsewhere. The ad wording is “people that switch” not “everyone who quotes” save that much money. This is how insurance companies can claim big savings. This really drives home the point why it is so important to quote coverage with many companies. Because you cannot predict which insurance coverage company will be your best fit.

Auto insurance 101

Learning about specific coverages of insurance can be of help when determining the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverage types offered by insurance companies.

UM/UIM Coverage

This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries as well as damage to your 1995 Volkswagen GTI.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Collision coverage protection

Collision insurance pays to fix your vehicle from damage caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as hitting a mailbox, rolling your car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Medical costs insurance

Med pay and PIP coverage kick in for bills like rehabilitation expenses, EMT expenses, doctor visits and ambulance fees. They are often utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants in addition to getting struck while a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay

Liability coverage

Liability coverage protects you from damage or injury you incur to other’s property or people. This insurance protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability insurance covers things such as funeral expenses, loss of income and pain and suffering. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive or Other Than Collision

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like hitting a deer, a tree branch falling on your vehicle and falling objects. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

In the end, you save

As you shop your coverage around, it’s very important that you do not reduce needed coverages to save money. There are many occasions where someone dropped liability coverage limits only to regret at claim time they didn’t have enough coverage. The goal is to get the best coverage possible for the lowest price but still have enough coverage for asset protection.

Affordable 1995 Volkswagen GTI insurance is attainable online as well as from insurance agents, so you should compare both in order to have the best price selection to choose from. A few companies may not provide the ability to get quotes online and most of the time these small, regional companies only sell through independent agents.

Additional resources

• Auto Insurance 101 (About.com)
• Cellphones, Texting and Driving (iihs.org)
• Top Signs Your Brakes are Giving Out (State Farm)
• Electronic Stability Control FAQ (iihs.org)