Confused by the wide range of auto insurance providers that you can choose from? Many other drivers are as well. Consumers have such a vast assortment of providers available that it can really be a burden to find the best prices.
Finding the best rates is easy if you know what you’re doing. If you currently have car insurance, you stand a good chance to be able to cut costs considerably using this information. But car owners need to have an understanding of how the larger insurance companies sell online.
When comparison shopping, there are several ways to obtain and compare prices from many insurance companies in your state. The best method to do a complete rate comparison is to perform an online rate comparison. It is quite easy and can be accomplished in several different ways.
For a list of companies in your area, click here.
It’s up to you how you get prices quotes, just make sure you compare exactly the same coverages for every company. If you compare unequal deductibles or liability limits you will not be able to determine the best price for your Volkswagen GTI. Quoting even small variations in insurance coverages can mean a large discrepancy in price. Keep in mind that comparing a large number of companies helps locate the best offered rates.
When choosing adequate coverage, there really is not a “best” method to buy coverage. Everyone’s needs are different.
Here are some questions about coverages that could help you determine if your situation would benefit from professional advice.
If you don’t know the answers to these questions but a few of them apply then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form.
Knowing the specifics of a car insurance policy helps when choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.
This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for things such as hitting a deer, a broken windshield, damage from a tornado or hurricane, damage from flooding and a tree branch falling on your vehicle. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things such as sideswiping another vehicle, colliding with another moving vehicle, damaging your car on a curb and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.
Liability insurance protects you from damages or injuries you inflict on other’s property or people in an accident. It protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see values of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000.
Liability insurance covers claims such as funeral expenses, medical expenses, repair costs for stationary objects, emergency aid and pain and suffering. The amount of liability coverage you purchase is a personal decision, but buy as much as you can afford.
Medical payments and Personal Injury Protection insurance reimburse you for bills for ambulance fees, nursing services and X-ray expenses. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay
This gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family as well as damage to your Volkswagen GTI.
Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.