Trying to find cheaper insurance coverage rates for your Volkswagen Golf? Nobody I know gets a kick out of paying for insurance coverage, in particular when they could find lower prices if they just compared rates. Insurance companies such as GEICO, Progressive and Allstate all claim big savings with fancy advertisements and it can be hard to ignore the flashy ads and effectively compare rates to find the best deal.
There are a lot of ways to shop for insurance, and some are easier and takes less work. You could spend the better part of a day talking about coverages with insurance companies in your area, or you can utilize the web to quickly compare rates.
Most car insurance companies participate in a marketplace that enables customers to complete one form, and every company returns a competitive quote determined by their information. This prevents consumers from doing quote forms for every insurance company.
To access this free quoting program, click here to open in new window.
The only drawback to using this type of system is buyers cannot specifically choose the providers you will receive quotes from. So if you want to choose from a list of companies to compare rates, we have a page of insurance companies in your area. Click to view list.
It’s up to you which method you use, but make sure you compare equivalent coverage limits and deductibles for each comparison quote. If each company quotes differing limits then you won’t be able to make an equal comparison.
When choosing the right insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Each situation is unique and your policy should reflect that. These are some specific questions could help you determine whether your personal situation will benefit from professional help.
If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.
Understanding the coverages of your policy can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are the normal coverages found on most auto insurance policies.
Comprehensive auto coverage
This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for claims such as a broken windshield, hitting a deer and damage from flooding. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Liability auto insurance
This protects you from injuries or damage you cause to other’s property or people in an accident. This insurance protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 that means you have $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.
Liability coverage protects against things like attorney fees, pain and suffering and medical services. How much liability should you purchase? That is your choice, but you should buy as much as you can afford.
Medical payments and PIP coverage
Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for surgery, EMT expenses, X-ray expenses, dental work and nursing services. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. It covers all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not available in all states and may carry a deductible
UM/UIM (Uninsured/Underinsured Motorist) coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as damage to your Volkswagen Golf.
Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Frequently these limits do not exceed the liability coverage limits.
Collision coverage protection
This will pay to fix damage to your Golf from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage protects against claims such as colliding with another moving vehicle, sideswiping another vehicle, hitting a mailbox and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. You can also choose a higher deductible to bring the cost down.