Searching for better insurance prices for a new or used Volkswagen Golf can normally be an all-consuming task, but you can use our auto insurance buying tips to find lower rates. There is a better way to buy auto insurance so we’re going to tell you the quickest way to get price quotes for your Volkswagen and locate the cheapest rates from local insurance agents and online providers.
It’s a good habit to get comparison quotes at least once a year since insurance prices are variable and change quite frequently. If you had the best deal on Golf insurance six months ago other companies may now be cheaper. Block out anything you think you know about auto insurance because you’re about to learn the only way to reduce your cost while increasing coverage.
If you have a current insurance policy or are just looking to switch companies, you can use this information to reduce the price you pay while maximizing coverage. Pricing more affordable insurance coverage is simple if you know the tricks. Drivers just need to learn the most efficient way to get comparison quotes online.
Companies offering auto insurance don’t always list every disount available very well, so we took the time to find some of the best known as well as some of the hidden credits that may apply to you.
It’s important to understand that some of the credits will not apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like medical payments or collision. Despite the appearance that adding up those discounts means a free policy, it just doesn’t work that way.
Popular insurance companies and their offered discounts can be read below.
If you want inexpensive auto insurance quotes, ask each insurance company the best way to save money. Some discounts might not be offered on policies in your area.
An important part of buying insurance is that you know the different types of things that are used to determine auto insurance rates. If you have a feel for what determines base rates, this allows you to make good choices that can earn you lower premium levels.
When buying the right insurance coverage for your vehicles, there really is no single plan that fits everyone. Everyone’s situation is unique.
These are some specific questions might point out whether you might need an agent’s assistance.
If you’re not sure about those questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.
Consumers get pounded daily by advertisements that promise big savings for switching from the likes of State Farm and Allstate. All the companies state the claim about savings if you just switch your policy.
How does each company save you money?
All the different companies have specific characteristics for the type of customer that will most likely be profitable. A good example of a profitable customer could be over the age of 35, has no driving citations, and drives a safe vehicle. Someone that fits those parameters will get low premium rates and have a good chance to save if they switch.
Drivers who cannot meet the requirements will have to pay a more expensive rate and ends up with the customer not buying. If you listen to the ad wording, they say “customers that switch” not “everyone who quotes” save that much when switching. That is how insurance companies can confidently make those claims. Because of this risk profiling, you need to do a quote comparison often. It’s just too difficult to predict the company that will be your best fit.
Having a good grasp of your insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills such as prosthetic devices, surgery, rehabilitation expenses and doctor visits. They can be used in conjunction with a health insurance plan or if you are not covered by health insurance. It covers you and your occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible
This coverage will cover damages or injuries you inflict on other people or property that is your fault. This insurance protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.
Liability coverage pays for claims such as loss of income, emergency aid, medical services and pain and suffering. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.
Collision insurance will pay to fix damage to your Golf resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things such as sustaining damage from a pot hole, rolling your car, colliding with another moving vehicle, hitting a parking meter and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to get cheaper collision coverage.
Uninsured Motorist or Underinsured Motorist insurance
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and also any damage incurred to your Volkswagen Golf.
Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims like hitting a deer, damage from getting keyed, a broken windshield and falling objects. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.
As you prepare to switch companies, don’t be tempted to sacrifice coverage to reduce premiums. There have been many cases where someone sacrificed liability limits or collision coverage to discover at claim time that their decision to reduce coverage ended up costing them more. The ultimate goal is to find the BEST coverage at the lowest possible cost, but don’t skip important coverages to save money.
Consumers leave their current company for a variety of reasons including questionable increases in premium, high rates after DUI convictions, being labeled a high risk driver or even an unsatisfactory settlement offer. No matter why you want to switch, choosing a new company is pretty easy and you might even save some money in the process.
Some insurance providers do not offer online price quotes and these small insurance companies only sell through independent insurance agents. Low-cost 2003 Volkswagen Golf insurance can be sourced on the web and with local insurance agents, and you should compare rates from both to have the best selection.
Additional information can be read below: