Cheap 2004 Volkswagen GTI Car Insurance Quotes

Overpriced Volkswagen GTI insurance can empty your family’s budget and possibly require you to analyze your spending habits. Doing a price comparison is a fast and free way to tighten up your finances.

Companies like State Farm, Allstate, Geico and Progressive continually bombard you with catchy ads and it can be hard to see through the cute green geckos and mayhem and take the time to shop coverage around.

You should take the time to shop coverage around on a regular basis because prices are variable and change quite frequently. Just because you had the lowest rates for GTI insurance a few years ago there may be better deals available now. Ignore everything you know about auto insurance because you’re going to learn one of the quickest ways to find better rates and still maintain coverage.

Take advantage of every insurance coverage discount

Companies that sell car insurance do not list all disounts very well, so the following list contains both the well known and the more hidden credits that you can use to lower your rates.

• Driving Data Discount – Drivers that enable companies to monitor vehicle usage by using a telematics device such as In-Drive from State Farm or Allstate’s Drivewise system could possibly reduce rates as long as they are good drivers.
• Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them complete a driver education course in school.
• Accident Waiver – This one is not really a discount per se, but companies like Allstate, State Farm and Geico will turn a blind eye to one accident without getting socked with a rate hike so long as you haven’t had any claims for a certain period of time.
• Good Student – Maintaining excellent grades can earn a discount of 20% or more. You can use this discount normally well after school through age 25.
• Save with More Vehicles Insured – Drivers who insure several vehicles with the same company can get a discount for every vehicle.
• Air Bags and Passive Restraints – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of up to 25% or more.
• Driver Training Discounts – Passing a safe driver course could cut 5% off your bill and also improve your driving technique.
• No Claims – Insureds with no claims or accidents have much lower rates in comparison with drivers who are more careless.
• Theft Deterent Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
• Drive Less and Save – Driving less may allow you to get discounted premium rates on garaged vehicles.

Discounts reduce rates, but you should keep in mind that most credits do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So when it seems like all those discounts means the company will pay you, companies don’t profit that way. But all discounts should definitely cut your premiums.

To locate insurance companies that offer discounts, click here to view.

Lower your insurance premiums

It’s important that you understand the different types of things that aid in calculating the level of your policy premiums. If you understand what positively or negatively impacts your premiums, this helps enable you to make changes that can help you get cheaper rates. Many factors are used when quoting car insurance. A few of the factors are predictable like your driving record, but others are more transparent such as whether you are married and annual miles driven.

The factors shown below are a few of the things used by companies to determine your rates.

• Keep the miles off and save – The more miles you rack up on your Volkswagen each year the more you’ll pay to insure it. Most insurance companies calculate rates determined by how the vehicle is used. Cars that have low annual miles receive lower rates than those used for commuting. Ask your agent if your vehicle rating correctly shows the correct usage. An incorrectly rated GTI can result in significantly higher rates.
• Safer the car lower the rate – Safer cars are cheaper to insure. Vehicles built for safety result in less severe injuries and better occupant protection means less money paid by your insurance company and thus lower rates. If your Volkswagen GTI is rated at a minimum four stars on Safercar.gov it may cost less to insure.
• Save by staying claim free – If you are a frequent claim filer, don’t be surprised to see either a policy non-renewal or much higher rates. Insurance companies award the best rates to people who are claim-free. Your insurance policy is intended to be relied upon for larger claims.
• With age comes lower costs – Older drivers are viewed as being more responsible, tend to file fewer claims and receive fewer citations.Youthful drivers are known to be more careless when behind the wheel and because of this, their auto insurance rates are much higher.
• Don’t cut corners with liability insurance – Your policy’s liability coverage provides coverage in the event that you are found to be at fault for damages caused by your negligence. Liability insurance provides you with a defense in court up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so insureds should have plenty of protection for their assets.
• Do you qualify for a multi-policy discount? – The majority of insurance companies give lower prices to buyers that purchase more than one policy, otherwise known as a multi-policy discount. Even if you’re getting this discount consumers should still shop around to help ensure you have the lowest rates.
• Traffic violations are costly – Having a clean driving record can have a huge impact on auto insurance premiums. Just one driving citation can increase the cost of insurance substantially. Drivers who don’t get tickets get better rates than bad drivers. Drivers who have flagrant tickets such as reckless driving, hit and run or driving under the influence are required to file a SR-22 with their state motor vehicle department in order to prevent their license from being revoked.
• GPS tracking and theft deterrents reduce prices – Selecting a car model with a theft deterrent system can help lower your rates. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help stop car theft.

How to know if you need help

When choosing the right insurance coverage, there isn’t really a perfect coverage plan. Everyone’s situation is a little different so your insurance should reflect that Here are some questions about coverages that might help in determining whether you will benefit from professional help.

• Am I covered if my car is in a flood?
• What can I do if my company denied a claim?
• Why am I required to get a high-risk car insurance policy?
• When should I not file a claim?
• Do I have coverage when pulling a U-Haul trailer?
• Is my nanny covered when driving my vehicle?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and may give you better protection.

Car insurance coverage breakdown

Understanding the coverages of your policy can help you determine appropriate coverage at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Below you’ll find the normal coverages offered by car insurance companies.

Comprehensive (Other than Collision)

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as hail damage, damage from a tornado or hurricane, damage from getting keyed and vandalism. The maximum payout your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Liability coverage

Liability coverage provides protection from injuries or damage you cause to people or other property. It protects you against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against claims like structural damage, funeral expenses, repair bills for other people’s vehicles, court costs and legal defense fees. How much coverage you buy is your choice, but consider buying as large an amount as possible.

Auto collision coverage

Collision coverage will pay to fix damage to your GTI from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as backing into a parked car, sustaining damage from a pot hole, crashing into a building, rolling your car and hitting a parking meter. 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 raise the deductible in order to get cheaper collision rates.

Protection from uninsured/underinsured drivers

This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Volkswagen GTI.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Medical expense insurance

Coverage for medical payments and/or PIP kick in for bills like doctor visits, funeral costs, pain medications and prosthetic devices. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover 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 gives slightly broader coverage than med pay

One last thing

We’ve covered many ways to save on 2004 Volkswagen GTI insurance. The most important thing to understand is the more companies you get prices for, the better likelihood of getting low cost auto insurance. Consumers may even find the lowest premium rates come from a lesser-known regional company. These companies often have lower prices on specific markets as compared to the big name companies such as State Farm or Progressive.

Low-cost 2004 Volkswagen GTI insurance can be bought on the web as well as from insurance agents, and you need to comparison shop both to get a complete price analysis. A few companies do not offer price quotes online and these regional insurance providers only sell through independent agents.

Helpful learning opportunities

• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• A Tree Fell on Your Car: Now What? (Allstate)
• Medical Payments Coverage (Liberty Mutual)
• Understanding Your Insurance Deductible (Insurance Information Insitute)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)