Lower Your 2001 Volkswagen Cabrio Insurance Cost

Looking for better car insurance rates for your Volkswagen Cabrio? Scraping up a payment for overpriced Volkswagen Cabrio insurance can diminish your savings and force you to make sacrifices. Comparing rates annually can help to ensure you are getting the best deal.

You have multiple auto insurance companies to choose from, and even though it’s nice to have a choice, so many choices can make it hard to locate the cheapest rates.

It’s important to quote other rates periodically because rates are usually higher with each renewal. Even if you think you had the best premium rates for Cabrio coverage six months ago the chances are good that you can find a lower price today. There is lot of inaccurate information about car insurance online, but I’m going to show you some great ways to lower your car insurance bill.

How to buy auto insurance

To find affordable insurance coverage quotes, there are several ways of comparing rate quotes from local auto insurance companies. The recommended way to lower the rate you pay for 2001 Volkswagen Cabrio insurance involves getting comparison quotes online. It’s really quite simple and can be done in a couple minutes as outlined below.

  1. If you don’t have a lot of time, the easiest way to compare a lot of rates at once is to use a rate comparison form (click to open form in new window). This easy form eliminates the need for separate quotes for every auto insurance company. One form gets you coverage quotes from multiple low-cost companies.
  2. A more time consuming way to compare prices requires you to visit the website for each individual company and repeat the quote process. For sake of this example, let’s assume you want rates from USAA, 21st Century and Allstate. You would need to visit each site to enter your coverage information, which can get old fast. For a list of links to insurance companies in your area, click here.

Compare rates however you want, just be sure you’re using the exact same quote data with each company. If you use higher or lower deductibles you will not be able to determine which rate is truly the best. Having just a slight variation in insurance coverages or limits can result in a big premium difference. Just remember that getting more free quotes will increase your chances of finding the best rates.

Informed decisions result in lower insurance premiums

Multiple criteria are used when you get a price on insurance. A few of the factors are predictable such as your driving record, although others are less obvious like your continuous coverage or your vehicle rating.

  • Vocation and insurance prices – Jobs like real estate brokerspolice officers and stock brokers tend to have higher premiums than the average policyholder in part from intense work-related stress and long work days. On the flip side, careers like farmers, students and homemakers generally pay rates lower than average for Cabrio coverage.
  • Careless drivers pay higher premiums – Even a single speeding ticket or other violation could increase your next policy renewal by as much as thirty percent. Careful drivers get better prices than bad drivers. Drivers unfortunate enough to have dangerous violations such as hit and run, DWI or reckless driving convictions may need to file a proof of financial responsibility form (SR-22) with their state’s licensing department in order to continue driving.
  • Theft deterrents lower prices – Driving a car that has a built-in theft deterrent system can help bring down rates. Theft deterrent systems such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent your vehicle from being stolen.
  • Don’t let your auto insurance policy lapse – Driving without insurance coverage in place can get your license suspended and companies may charge more for letting your coverage lapse. And not only will your rates increase, failure to provide proof of insurance could earn you a steep fine or even jail time.
  • Higher coverage deductibles reduce costs – The deductibles you choose define how much you are willing to pay in the event of a claim. Protection for physical damage, also known as collision and other-than-collision, covers damage that occurs to your car. Some coverage claims could be colliding with a stationary object, damage from fire, or theft of your vehicle. The larger the amount the insured has to pay upfront, the bigger discount you will receive for Cabrio coverage.
  • How do annual miles impact prices? – The more you drive in a year’s time the more you’ll pay to insure it. The majority of insurers apply a rate partially by how you use the vehicle. Cars and trucks left parked in the garage can be on a lower rate level than those that get driven frequently. A policy that improperly rates your Cabrio can result in significantly higher rates. Verify your vehicle rating properly reflects the correct usage, because improper ratings can cost you money.
  • Your location is a factor – Having an address in smaller towns and rural areas of the country is a good thing when insuring your vehicles. Less people translates into fewer accidents in addition to lower liability claims Drivers in populated areas have to deal with more aggressive driving styles and more severe claims. More time on the road means a statistically higher chance of an accident.
  • Use credit responsibly and save – Having a good credit history is a big factor in calculating your auto insurance rates. People with excellent credit tend to be more responsible and file fewer claims as compared to drivers with lower credit scores. If your credit can use some improvement, you may save money insuring your 2001 Volkswagen Cabrio by spending a little time repairing your credit.

Drivers save money with these discounts

Companies don’t always list every available discount very clearly, so the following is a list of some of the best known and the harder-to-find credits available to lower your premiums when you buy insurance coverage online. If you are not receiving all the discounts you deserve, you may be paying too high a price.

  • Defensive Driver – Passing a class that teaches defensive driving techniques could save 5% or more and easily pay for the cost of the class.
  • Buy New and Save – Putting insurance coverage on a new car is cheaper because newer models are generally safer.
  • Drivers Education – Have your child complete a driver education course in school or through a local driver safety program.
  • Homeowners Discount – Simply owning a home may earn you a small savings because of the fact that having a home is proof of financial responsibility.
  • Multi-policy Discount – If you have multiple policies with one insurance company you may save up to 20% and get you inexpensive insurance coverage.
  • Senior Discount – Drivers over the age of 55 may receive better insurance rates for Cabrio coverage.
  • Multiple Cars – Drivers who insure multiple cars on one policy can reduce the rates for all insured vehicles.
  • Distant Student – who are enrolled in a college that is more than 100 miles from home and do not have a car may be able to be covered for less.
  • Anti-lock Brakes – Cars, trucks, and SUVs equipped with ABS or steering control have fewer accidents so companies give up to a 10% discount.

It’s important to understand that many deductions do not apply to the entire cost. Most only apply to the price of certain insurance coverages like comp or med pay. Just because you may think having all the discounts means you get insurance for free, you won’t be that lucky. Any qualifying discounts will cut your overall bill.

A partial list of companies who may offer these benefits may include but are not limited to:

When comparing rates, check with all companies you are considering to apply every possible discount. Some discounts listed above might not apply in your area. To choose companies with significant discounts, click here to view.

Special considerations

When it comes to buying proper insurance coverage for your personal vehicles, there really is not a perfect coverage plan. Every insured’s situation is different so this has to be addressed. For example, these questions might help in determining whether your personal situation may require specific advice.

  • Is my dog or cat covered if injured in an accident?
  • Is my Volkswagen Cabrio covered if I use it for business?
  • How do I file an SR-22 for a DUI in my state?
  • Does my insurance cover my expensive audio equipment?
  • What can I do if my company won’t pay a claim?
  • How does medical payments coverage work?
  • Does coverage extend to my business vehicle?
  • How much liability insurance is required?
  • Should I rate my 2001 Volkswagen Cabrio as pleasure use or commute?
  • Can I afford to pay high deductible claims out of pocket?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Insurance coverages explained

Understanding the coverages of your insurance policy can help you determine the best coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Listed below are typical coverage types found on most insurance policies.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims like rolling your car, scraping a guard rail, colliding with a tree, colliding with another moving vehicle and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Auto liability

Liability insurance can cover damage that occurs to a person or their property by causing an accident. This coverage protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for things like structural damage, medical expenses and legal defense fees. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses like dental work, ambulance fees, hospital visits and X-ray expenses. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these coverages are similar to your liability insurance amounts.

Comprehensive protection

Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like rock chips in glass, falling objects, vandalism and hitting a deer. The highest amount your insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

In conclusion

Cost effective 2001 Volkswagen Cabrio insurance is attainable on the web and with local insurance agents, and you should be comparing both to have the best chance of lowering rates. Some insurance companies don’t offer rate quotes online and these smaller providers work with local independent agents.

You just learned many ways to save on 2001 Volkswagen Cabrio insurance. The most important thing to understand is the more you quote insurance coverage, the better chance you’ll have of finding inexpensive insurance coverage. You may even find the most savings is with a company that doesn’t do a lot of advertising. Smaller companies often have lower rates on specific markets as compared to the big name companies such as Geico and State Farm.

When shopping online for insurance, it’s not a good idea to reduce needed coverages to save money. Too many times, an insured dropped liability limits or collision coverage only to regret at claim time that they should have had better coverage. The ultimate goal is to purchase plenty of coverage at an affordable rate but still have enough coverage for asset protection.

Other resources

Comments About 2001 Volkswagen Cabrio Insurance

  1. Jeana Sheppard

    I went with Allstate at renewal. Best rates in Rockford, Illinois. Insured with The General before. I’m a pretty low risk driver. I got prices on the web.

  2. Margorie Rivas

    Like your site, BTW. I live in Cranston, Rhode Island. Got car insurance quotes from Mercury, Encompass, GEICO, and AIG Insurance for my Cabrio and I’m now saving $16 a month.

  3. Holley Woodard

    Proud to be from Las Vegas, NV. Got quotes from American Family, Nationwide, and a few others for my 2001 Volkswagen Cabrio and am saving around $110 a year. Was with Nationwide. LOL

  4. Malika Barlow

    If you have a good history and live near Aurora, IL, check out Allstate. I saved quite a bit. A clean driving record helps. I just quoted rates online. Book value doesn’t justify full coverage anymore.

  5. Pearle Barron

    Good site, thanks. I live just outside Evansville, IN. I got free prices from 21st Century, Eastwood, and GMAC for my Cabrio and saved $86 a year. I have a couple other vehicles on the policy. I used their website to get prices. Only insure liability on my Cabrio.

  6. Odell Hamilton

    I got decent rates for a 2001 Volkswagen Cabrio in Montgomery, AL. Ended up at roughly $70 every six months with Auto-Owners. My new agent seems to be really good. Wish I didn’t have to insure at all. Next renewal I’ll just do liability.

  7. Margaret Weber

    Cheaper not always better. I’m in the north part of Tulsa, Oklahoma. Got car insurance quotes with Amica, Eastwood, and Safeco for my Volkswagen and saved $79 a year. Got better coverage too.

  8. Ofelia Roth

    Nice post. Checking in from Raleigh, North Carolina. Got free quotes online for a 2001 Volkswagen Cabrio. Ended up at about $70 savings annually. Went with State Farm. I have several vehicles insured with them.

  9. Harrison Beck

    Cheap car insurance? What’s that? Located in Philadelphia, Pennsylvania. Can’t remember who all I quoted but I ended up saving about $20 each month. Got better coverage too. I quoted rates online then called them. I don’t insure for physical damage though.

  10. Manuela Guerrero

    Enjoyed the article. Located in Davenport, Iowa. Received quotes with Auto-Owners, MetLife, and some smaller one I can’t remember the name of for my 2001 Volkswagen Cabrio and saved $119 a year. Left Liberty Mutual to switch. I think I’ll get rid of full coverage next time.

  11. Emerita Whitfield

    In Cedar Rapids, IA, Amica had the best rates for my 2001 Volkswagen Cabrio. Good savings if you bundle.

  12. Marisa Snider

    Well-written and thought out article. Checking in from Las Vegas, NV. Received rates from GEICO, AAA, and Eastwood for my Volkswagen and saved about $110 a year. Insured with Amica before. I have several vehicles insured with them. LOL

  13. Arielle Hood

    In Norfolk, Virginia, Amica had the best rates for my 2001 Volkswagen Cabrio. I have several vehicles insured with them. I quoted rates online then called them.

  14. Agustina Bradley

    Will GEICO cancel my policy for a liability claim?

  15. Cleveland Burt

    What is UM/UIM coverage?

  16. Jerald Estrada

    Where is cheaper car insurance? I’m just north of Las Vegas, NV. Compared rates from a lot of places. Saved about $20 a month. State Farm was the best choice for me. Ask about discounts. Wish I didn’t have to insure at all.

  17. Rusty Chavez

    Got a quote with GEICO for my Cabrio and saved about $60 a year. Insured with USAA before. My new agent seems to be really good. Highly recommended. Full coverage costs too much.

  18. Rozella Wilkins

    Great info, thanks for posting. From south side of Spokane, WA. I quoted with AIG Insurance, MetLife, and a few others for my 2001 Volkswagen Cabrio and saved just over $70 a year. Thankfully I have a good driving record.