Lower Your 2003 Volkswagen EuroVan Insurance Rates

Are you kicking yourself for buying overpriced auto insurance? Believe me, there are many drivers thinking the same thing. Multiple auto insurance companies compete for your insurance dollar, so it can be very hard to choose a insurer and get the definite lowest rate possible.

Decisions you make can impact your insurance premiums

Many different elements are used in the calculation when you get your auto insurance bill. Some of the criteria are obvious like an MVR report, but others are less obvious such as your credit history or your financial responsibility.

• Low mileage costs less – Driving a lot of miles every year the higher your rate. A lot of companies charge rates based upon how you use the vehicle. Cars left parked in the garage get more affordable rates compared to those used for work or business. Double check that your vehicle rating correctly shows annual mileage. Having an incorrect usage rating on your EuroVan may be wasting your money.
• Don’t cancel your coverage without a new one in place – Not having insurance is against the law and any future policy may cost more because you let your insurance expire. In addition to paying higher rates, being ticketed for driving with no insurance could result in fines and jail time.
• Driving citations hurt – Having just one citation could increase your next policy renewal by as much as thirty percent. Good drivers get better prices than their less careful counterparts. Drivers who have multiple violations like DWI, reckless driving or hit and run convictions may be required to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to keep their license.
• Save money with alarm systems – Owning a car with advanced anti-theft systems can earn a premium discount. Theft deterrent systems like OnStar, LoJack tracking, and tamper alarms can thwart your car from being stolen.
• You might want pay the minor policy claims yourself – If you file claims often, you can definitely plan on either higher rates or even cancellation. Companies give discounts to policyholders who are not frequent claim filers. Insurance coverage is designed for larger claims.

Buy auto insurance online

Many insurance companies such as State Farm, Allstate and Geico allow you to get pricing direct online. This process is quite easy as you simply enter the coverages you want as requested by the quote form. Behind the scenes, the quote system orders your driving record and credit report and quotes a price based on the information you submitted. Online price quotes makes it a lot easier to compare rates but having to visit many different websites and enter the same data into a form can get tiresome after awhile. But it’s also necessary to get many rate quotes if you are searching for a better rate.

A more efficient way to locate the lowest prices is to use a quote form to get prices from more than one company. It’s a real time-saver, requires much less work on your part, and makes quoting online much more enjoyable and efficient. After your information is entered, it is quoted and you can choose any one of the quote results.

If you find a better price you can simply submit the application and buy the policy. The whole process just takes a couple of minutes and you’ll know if lower rates are available.

If you want to fill out one form to compare multiple rates now, simply click here to open in new window and enter your vehicle and coverage information. To compare your current rates, we recommend you enter exactly as shown on your declarations page. This helps ensure you will be getting comparison quotes based on identical coverages.

Do you qualify for discounts?

Car insurance can cost a lot, but there’s a good chance there are discounts that many people don’t even know exist. Some discounts will apply at the time you complete a quote, but a few must be asked about prior to getting the savings. If they aren’t giving you every credit possible, you could be paying more than you need to.

• Senior Citizen Rates – If you’re over the age of 55, you could receive reduced rates on Eurovan coverage.
• Data Collection Discounts – Insureds who allow driving data submission to monitor their driving habits remotely such as Drivewise from Allstate or Snapshot from Progressive may see discounts as long as they are good drivers.
• Active Service Discounts – Being deployed with a military unit could qualify you for better rates.
• Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a lower rate if you buy a life insurance policy as well.
• Membership in Organizations – Participating in certain professional organizations could trigger savings on your next renewal.
• Safe Driver Discounts – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Eurovan coverage than less cautious drivers.

Remember that most credits do not apply to your bottom line cost. Most cut individual premiums such as liability and collision coverage. So despite the fact that it appears you could get a free insurance coverage policy, you aren’t that lucky. But any discount will positively reduce your overall bill.

Companies that may offer policyholders these benefits may include but are not limited to:

• State Farm
• Geico
• Progressive
• 21st Century
• American Family
• The Hartford
• AAA

It’s a good idea to ask every prospective company which credits you are entitled to. Some credits may not apply to policyholders in your area. To choose insurers with discount insurance coverage rates, follow this link.

Don’t assume everyone needs the same insurance coverage

When it comes to buying adequate coverage for your personal vehicles, there really is not a one size fits all plan. Every insured’s situation is different so your insurance needs to address that. For example, these questions might point out if your insurance needs could use an agent’s help.

• Am I covered when pulling a rental trailer?
• Will my insurance pay for OEM parts?
• I have health insurance so do I need medical payments coverage?
• Am I covered when using my vehicle for business?
• Does insurance cover tools stolen from my truck?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?

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 want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.

Coverages available on your auto insurance policy

Having a good grasp of your policy can help you determine appropriate coverage and proper limits and deductibles. Policy terminology can be confusing and coverage can change by endorsement. Listed below are the usual coverages offered by auto insurance companies.

Coverage for collisions

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like backing into a parked car, rolling your car and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for expenses like rehabilitation expenses, prosthetic devices, funeral costs and ambulance fees. They can be used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP coverage is not an option in every state and may carry a deductible

Liability insurance

This will cover damage or injury you incur to other’s property or people in an accident. It protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

It consists of 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 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers claims like repair bills for other people’s vehicles, court costs, attorney fees and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive coverage

This covers damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like vandalism, damage from a tornado or hurricane, damage from flooding and a broken windshield. The most your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants and also any damage incurred to your 2003 Volkswagen EuroVan.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

More effort can pay off

We covered some good ideas how you can compare 2003 Volkswagen EuroVan insurance rates online. The key concept to understand is the more companies you get car insurance rates for, the better chance you’ll have of finding cheaper insurance. You may be surprised to find that the lowest priced auto insurance comes from a smaller regional carrier. Smaller companies can often provide lower car insurance rates in certain areas as compared to the big name companies such as Allstate, Geico and Progressive.

Cheap 2003 Volkswagen EuroVan insurance can be found both online and from local agencies, so you need to quote insurance with both in order to have the best price selection to choose from. Some insurance providers don’t offer price quotes online and usually these regional carriers sell through independent agents.

Additional information

• Teen Driver Licensing Information (iihs.org)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• How to Avoid Common Accidents (State Farm)
• Should I Buy a New or Used Car? (Allstate)
• Young Drivers: The High Risk Years Video (iihs.org)
• Collision Coverage (Liberty Mutual)