Cheaper 2001 Volkswagen GTI Car Insurance Quotes

Trying to find the cheapest car insurance rates for your Volkswagen GTI? Finding low cost Driverscar insurance may be quite difficult for people who are beginners to online comparison shopping. With such a large choice of online companies, it can easily turn into a ton of work to find more affordable prices.

You should make it a habit to do price comparisons at least once a year since prices are rarely the same from one policy term to another. Just because you had the lowest price for GTI coverage a couple years back you can probably find a lower rate today. Ignore everything you know about car insurance because you’re about to learn one of the easiest ways to find lower rates on car insurance.

Find discounts on car insurance

Car insurance is easily one of your largest bills, but there are discounts available that can dramatically reduce your bill. Some discounts will apply when you complete an application, but some must be asked for prior to getting the savings.

• Switch and Save Discount – Some car insurance companies reward drivers for buying a policy early. Ten percent is about the average savings.
• Theft Prevention System – Vehicles that have factory alarm systems and tracking devices prevent vehicle theft and can earn a small discount on your policy.
• New Car Discount – Putting insurance on a new car can save you some money since new vehicles are generally safer.
• E-sign Discounts
• Use Seat Belts – Using a seat belt and requiring all passengers to buckle their seat belts can save up to 15% off the PIP or medical payment premium.

Consumers should know that some credits don’t apply to the overall cost of the policy. Some only apply to individual premiums such as physical damage coverage or medical payments. Even though it may seem like you would end up receiving a 100% discount, it’s just not the way it works.

Large car insurance companies and the discounts they provide include:

• Geico has savings for five-year accident-free, daytime running lights, good student, seat belt use, and air bags.
• Mercury Insurance includes discounts for age of vehicle, accident-free, multi-policy, ease of repair, professional/association, annual mileage, and location of vehicle.
• Farmers Insurance discounts include alternative fuel, multi-car, mature driver, early shopping, teen driver, and switch companies.
• Auto-Owners Insurance offers premium reductions for multi-policy, good student, group or association, safe vehicle, multiple vehicles, company car, and student away at school.
• Liberty Mutual has discounts for newly married, exclusive group savings, good student, new vehicle discount, multi-policy, and preferred payment discount.
• SAFECO policyholders can earn discounts including bundle discounts, drive less, anti-lock brakes, anti-theft, safe driver, and teen safe driver.
• Progressive may include discounts for online quote discount, continuous coverage, multi-vehicle, good student, online signing, and multi-policy.
• USAA offers discounts including multi-vehicle, family discount, multi-policy, good student, annual mileage, and military installation.

It’s a good idea to ask each insurance company which discounts they offer. Savings might not be offered in your area. If you would like to view car insurance companies that offer some of these discounts, click here.

Choices you make can impact your insurance premiums

Many different elements are part of the equation when you get your auto insurance bill. Some factors are common sense like a motor vehicle report, although some other factors are less obvious such as whether you are married or your vehicle rating.

• Your location is a factor – Being located in less populated areas is a good thing when trying to find low car insurance rates. Urban drivers regularly have much more traffic and more severe claims. Less people means reduced accidents.
• Can a thief steal your car? – Purchasing a vehicle with anti-theft technology or alarm system can help lower your rates. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your vehicle from being stolen.
• Safer vehicles cost less to insure – Vehicles with good safety scores are cheaper to insure. Vehicles engineered for safety protect occupants better and fewer serious injuries means less claims paid and more competitive rates for policyholders.
• Your occupation may affect car insurance rates – Occupations like doctors, business owners and emergency personnel usually pay higher rates than average because of intense work situations and lengthy work days. On the other hand, jobs like actors, athletes and retirees pay lower than average rates for GTI coverage.

Tailor your auto insurance coverage to you

When buying the best auto insurance coverage, there really is not a cookie cutter policy. Everyone’s situation is a little different.

For instance, these questions can help discover if your situation will benefit from professional help.

• How high should deductibles be on a 2001 Volkswagen GTI?
• How do I file an SR-22 for a DUI in my state?
• What are the best liability limits?
• How does medical payments coverage work?
• Is my custom paint covered by insurance?
• What is PIP insurance?
• Does my 2001 Volkswagen GTI need full coverage?
• Am I covered if I break a side mirror?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, simply complete this short form.

Insurance ads bend the truth

Popular insurance providers such as Progressive, Geico, Allstate and State Farm constantly bombard you with ads on television and other media. All the companies try to convey promises about how much you will save after switching your policy. How is it possible that every company can give you a lower rate? It’s all in how they say it.

All the different companies offer their best rates for the type of driver that earns them the most money. For example, a desirable risk may need to be a mature driver, has a low-risk occupation, and has a high credit rating. Anyone that hits that “sweet spot” gets the lowest premium rates as well as save when they switch companies.

Potential customers who do not fit this stringent profile may be required to pay higher prices and the customer buying from someone else. Company advertisements say “drivers who switch” not “everyone that quotes” save money. This is how companies can truthfully advertise the way they do.

Because of this risk profiling, you should compare price quotes frequently. It is just not possible to predict which company will give you the biggest savings.

Auto insurance coverages and their meanings

Understanding the coverages of auto insurance aids in choosing which coverages you need and the correct deductibles and limits. Auto insurance terms can be difficult to understand and reading a policy is terribly boring.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP kick in for bills for hospital visits, EMT expenses, X-ray expenses, chiropractic care and surgery. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Comprehensive auto coverage

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as hail damage, a broken windshield and damage from getting keyed. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Auto collision coverage

This pays to fix your vehicle from damage caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims such as hitting a mailbox, hitting a parking meter, crashing into a ditch, sideswiping another vehicle and colliding with a tree. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to bring the cost down.

Liability

This protects you from damage or injury you incur to a person or their property that is your fault. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for things like funeral expenses, bail bonds, repair costs for stationary objects, pain and suffering and legal defense fees. How much liability coverage do you need? That is up to you, but buy as much as you can afford.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Most of the time the UM/UIM limits are set the same as your liablity limits.

In Summary

When searching for cheap car insurance quotes, never reduce coverage to reduce premium. In too many instances, an insured dropped uninsured motorist or liability limits and discovered at claim time that their decision to reduce coverage ended up costing them more. Your objective should be to buy enough coverage at the best possible price, but do not skimp to save money.

Affordable 2001 Volkswagen GTI insurance can be found online and also from your neighborhood agents, so get free car insurance quotes from both of them to have the best chance of lowering rates. Some insurance companies may not provide the ability to get a quote online and most of the time these smaller providers only sell coverage through independent agencies.

We just presented many tips how you can shop for 2001 Volkswagen GTI insurance online. The most important thing to understand is the more rate comparisons you have, the better likelihood of getting cheap car insurance. Consumers may even find the lowest priced insurance comes from a small local company.

Other resources

• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Understanding your Policy (NAIC.org)
• Things to Know Before you Cancel Insurance (Allstate)
• Choosing an Insurance Company (Insurance Information Insitute)