Cheaper 2002 Volkswagen Cabrio Insurance Rates

Finding more affordable prices for car insurance is a challenge for drivers who are new to buying insurance online. You have so many choices that it can turn into a lot of work to locate the lowest prices.

Discounts to earn lower-cost car insurance rates

Companies offering auto insurance don’t list the complete list of policy discounts very well, so below is a list both the well known and the harder-to-find discounts that may be available.

• Homeowners Savings – Owning a home may earn you a small savings since home ownership means you have a higher level of financial diligence.
• No Claim Discounts – Good drivers with no accidents pay less when compared to insureds who have frequent claims or accidents.
• Fewer Miles Equal More Savings – Fewer annual miles on your Volkswagen may allow you to get cheaper rates.
• Discount for Life Insurance – Select car insurance companies reward you with a discount if you purchase a life insurance policy as well.
• No Charge for an Accident – Not a discount per se, but companies like State Farm and Progressive may permit one accident before hitting you with a surcharge if your claims history is clear prior to the accident.
• Responsible Drivers – Accident-free drivers may save up to 50% more on Cabrio insurance as compared to drivers with claims.
• Discount for Passive Restraints – Cars that have air bags or automatic seat belts may get savings of 25 to 30%.

One last thing about discounts, most credits do not apply to your bottom line cost. Most cut individual premiums such as comprehensive or collision. If you do the math and it seems like you would end up receiving a 100% discount, car insurance companies aren’t that generous.

To see car insurance companies who offer free car insurance quotes, click here.

Buy insurance online

There are a variety of methods you can shop for insurance but some are less time-consuming than others. You could spend the better part of a day talking to insurance agencies in your area, or you can utilize the internet to get pricing more quickly.

The majority of car insurance companies enroll in a system that enables customers to submit their information once, and each company provides a quote. This prevents consumers from doing quote requests to every company. To submit your quote information now, click here to open in new window.

The single downside to using this type of system is that you can’t choose which insurance companies you want pricing from. So if you prefer to choose from a list of companies to compare, we have a listing of the cheapest insurance companies in your area. View list of insurance companies.

Which method you use is up to you, but make absolute certain that you use the exact same coverage information for each comparison quote. If you enter different deductibles it’s impossible to determine the best price for your Volkswagen Cabrio. Just a small difference in insurance coverages could skew the results. Just keep in mind that comparing a large number of companies gives you a better chance of getting the best offered rates.

Informed drivers can cut their insurance prices

Part of the car insurance buying process is learning some of the things that help determine your car insurance rates. When consumers understand what influences your rates, this allows you to make educated decisions that can earn you big savings. Many different elements are used in the calculation when premium rates are determined. A few of the factors are predictable like your driving record, although some other factors are more obscure like your continuous coverage or your vehicle rating.

The itemized list below are a few of the “ingredients” used by your company to calculate prices.

• Is your vehicle theft-ready? – Selecting a car model with a theft deterrent system can save you a little every year. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent car theft.
• More traffic equals higher prices – Residing in less populated areas can be a good thing when trying to find low car insurance rates. Urban drivers tend to have more road rage incidents and much longer commute distances. Lower population translates into fewer accident claims in addition to fewer liability claims.
• Obey driving laws and save – How you drive impacts your car insurance rates tremendously. Attentive drivers pay lower auto insurance prices than their less careful counterparts. Getting just one citation could increase your next policy renewal to the point where it’s not affordable. Drivers unfortunate enough to have dangerous citations such as DUI or willful reckless driving may be required to submit a SR-22 form to the state department of motor vehicles in order to prevent their license from being revoked.
• Lower rates for safer cars – Vehicles that have high safety ratings tend to be cheaper to insure. These vehicles reduce occupant injuries and reduced instances of injuries means your insurance company pays less and lower rates for you. If the Volkswagen Cabrio earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you may pay a lower rate.

Tailor your auto insurance coverage to you

When choosing the best auto insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s.

These are some specific questions could help you determine if you might need professional guidance.

• Is my 2002 Volkswagen Cabrio covered for flood damage?
• How can I force my company to pay a claim?
• Which is better, split liability limits or combined limits?
• Do I need PIP coverage since I have good health insurance?
• Should I buy full coverage?
• What is covered by UM/UIM coverage?
• Do I need motorclub coverage?
• Are my friends covered when driving my car?
• Does my 2002 Volkswagen Cabrio qualify for pleasure use?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Why you might not save $404 a year

Popular auto insurance providers such as Progressive, Geico, Allstate and State Farm continually stream ads in print and on television. They all tend to make the same promise about savings if you move your coverage. How can each company make the same claim? This is the way they can do it.

All the different companies can use profiling for the type of customer that earns them the highest profit. For example, this type of insured could be over the age of 35, has a clear driving record, and drives less than 5,000 miles a year. Someone who matches those parameters receives the best prices and will probably save when they switch companies.

Drivers who are not a match for these standards will be quoted a more expensive rate which results in the customer not purchasing. The ads say “drivers who switch” not “all people who quote” save that much. That’s the way insurance companies can confidently make the claims of big savings.

Because every company is different, it is so important to compare free insurance coverage quotes often. Because you cannot predict which company will provide you with the cheapest rates.

Parts of your insurance policy

Understanding the coverages of your insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Collision – Collision insurance pays for damage to your Cabrio resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as scraping a guard rail, hitting a mailbox, backing into a parked car and crashing into a building. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.

Liability car insurance – Liability insurance protects you from injuries or damage you cause to other people or property in an accident. It protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Another option is a combined limit which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims such as repair bills for other people’s vehicles, medical services, bail bonds, emergency aid and funeral expenses. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured and underinsured coverage – This coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Volkswagen Cabrio.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Coverage for medical payments – Med pay and PIP coverage pay for expenses like surgery, EMT expenses, pain medications and doctor visits. The coverages can be utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and may carry a deductible

Comprehensive coverages – Comprehensive insurance covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as a tree branch falling on your vehicle, theft, rock chips in glass, hitting a bird and vandalism. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Shop around and save

Some insurance providers may not provide internet price quotes and many times these regional insurance providers prefer to sell through independent insurance agencies. Cost effective 2002 Volkswagen Cabrio insurance is definitely available on the web and also from your neighborhood agents, and you should compare rates from both to get a complete price analysis.

As you restructure your insurance plan, it’s very important that you do not skimp on critical coverages to save a buck or two. There have been many cases where an insured cut liability coverage limits only to discover later that they should have had better coverage. The proper strategy is to find the BEST coverage at the best possible price, but do not skimp to save money.

We just presented a lot of tips how to lower your 2002 Volkswagen Cabrio insurance premium rates. The most important thing to understand is the more price quotes you have, the better chance you’ll have of finding low cost insurance coverage. Drivers may discover the lowest premium rates come from some of the smallest insurance companies.

For more information, link through to the following helpful articles:

• What are my Rights when Filing a Claim? (Insurance Information Insitute)
• Driving in Bad Weather (Insurance Information Insitute)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)
• Side Impact Crash Tests (iihs.org)
• Safety Tips for Teen Drivers (Insurance Information Insitute)
• Cellphones, Texting and Driving (iihs.org)