Lower Your 2001 Volkswagen GTI Car Insurance Quotes

Looking for better insurance coverage rates for your Volkswagen GTI? Scraping up a payment for overpriced Volkswagen GTI insurance can overdraw your bank account and force you to prioritize other expenses. Comparison shopping is a great way to make sure you’re not throwing money away.

With consumers having so many online and local companies to choose from, it can be impossible to choose the most affordable company.

It’s important to compare prices occasionally because prices are usually higher with each renewal. Despite the fact that you may have had the best price for GTI coverage a few years ago you can probably find a lower rate today. Block out anything you think you know about insurance coverage because you’re about to find out one of the easiest ways to eliminate unnecessary coverages and save money.

Save on 2001 Volkswagen GTI insurance

Car insurance is not cheap, but you can get discounts to reduce the price significantly. Certain discounts will be triggered automatically when you purchase, but less common discounts must be asked for before being credited.

  • Paperwork-free – A few companies may give you up to $50 simply for signing on their website.
  • Passive Restraint Discount – Cars that have air bags can get savings up to 30%.
  • Discount for Good Grades – Performing well in school can get you a discount of up to 25%. Earning this discount can benefit you up to age 25.
  • Safety Course Discount – Taking a driver safety course could save 5% or more depending on where you live.
  • Drive Safe and Save – Drivers who avoid accidents may receive a discount up to 45% less for GTI coverage than less cautious drivers.
  • Drivers Ed for Students – Require your teen driver to successfully complete driver’s ed class in high school.
  • Government Employees – Being employed by or retired from a federal job could cut as much as 10% off for GTI coverage with select insurance companies.
  • Theft Prevention System – Anti-theft and alarm systems help deter theft and earn discounts up to 10%.
  • Distant Student – Kids in college who attend school more than 100 miles from home and do not have a car can be insured at a reduced rate.
  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes are safer to drive and earn discounts up to 10%.

Keep in mind that most discounts do not apply to the entire cost. Most only apply to the cost of specific coverages such as liability and collision coverage. So when it seems like it’s possible to get free car insurance, auto insurance companies aren’t that generous. Any qualifying discounts will help reduce the amount you have to pay.

Insurance companies that may have some of the above discounts include:

Check with each insurance company which discounts you may be entitled to. Discounts may not apply in your area.

The best way to compare car insurance rates is to realize car insurance companies provide online access to provide you with a free rate quote. To begin a comparison, all you need to do is give them rating details including whether you are married, whether you have decent credit, your occupation, and level of coverage desired. The data is submitted instantly to insurance companies and you should receive rate quotes quickly.

To compare multiple company rates now, click here and find out if lower rates are available.

Why your Volkswagen GTI might be costing you more

An important part of buying insurance is that you know the factors that go into determining auto insurance rates. When you know what positively or negatively influences your rates enables informed choices that may reward you with better auto insurance rates.

Listed below are some of the factors auto insurance companies consider when setting rates.

  • Mature drivers pay less – Youthful drivers are statistically proven to be careless and easily distracted behind the wheel so auto insurance rates are higher. Parents adding a young driver onto your auto insurance can really hurt. Older drivers are more cautious drivers, tend to cause fewer accidents and tend to be better behind the wheel.
  • Where do you drive? – The higher the mileage driven in a year the higher your rate. Almost all companies rate vehicles based upon how you use the vehicle. Cars and trucks that are left in the garage can get a lower rate than those used for commuting. Verify your auto insurance declarations sheet is showing the correct usage for each vehicle, because it can save money. If your policy improperly rates your GTI may be costing you.
  • Traffic citations inflate rates – Whether or not you get tickets has a big impact on rates. Only having one ticket can bump up the cost twenty percent or more. Drivers who don’t get tickets have lower premiums compared to drivers with tickets. Drivers with flagrant tickets such as DUI or reckless driving are required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to keep their license.
  • Don’t skimp on liability – Liability coverage provides coverage when a jury decides you are liable for damages caused by your negligence. It provides for a legal defense starting from day one. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should carry high limits.
  • Discounts for married couples – Getting married actually saves money on auto insurance. Marriage usually means you are more mature and responsible it has been statistically shown that drivers who are married are more cautious.
  • Allowing your policy to lapse raises rates – Allowing your auto insurance policy to lapse is a guaranteed way to trigger a rate increase. Not only will you pay more, but not being able to provide proof of insurance might get you a license revocation or jail time.You may then be required to file a SR-22 with your state motor vehicle department.
  • Women pay lower rates – Statistics have proven women are more cautious behind the wheel. However, this does not mean women are better drivers. Women and men tend to get into accidents at about the same rate, but men have costlier accidents. Men also have more aggressive citations like DUI and reckless driving. Young males tend to get in the most accidents and are penalized with high auto insurance rates.

Tailor your coverage to you

When it comes to buying the best car insurance coverage, there isn’t really a “best” method to buy coverage. Every situation is different and your policy should reflect that. For instance, these questions may help you determine whether you might need an agent’s assistance.

  • What is PIP insurance?
  • Do all my vehicles need collision coverage?
  • Do I have coverage when using my vehicle for my home business?
  • I have health insurance so do I need medical payments coverage?
  • Should I bundle my homeowners policy with my auto?
  • Why is insurance for a teen driver so high?
  • How high should my medical payments coverage be?
  • When can my company non-renew my policy?

If you’re not sure about those questions, you may need to chat with 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.

Car insurance coverage information

Having a good grasp of your policy can be of help when determining the right coverages and proper limits and deductibles. Insurance terms can be ambiguous and coverage can change by endorsement. These are typical coverage types offered by insurance companies.

Liability coverage

Liability coverage can cover damages or injuries you inflict on people or other property by causing an accident. This coverage protects you from claims by other people. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 that means you have $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as medical expenses, loss of income, repair costs for stationary objects, legal defense fees and structural damage. How much liability should you purchase? That is your choice, but buy as much as you can afford.

Comprehensive auto coverage

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as hitting a deer, damage from a tornado or hurricane, damage from flooding, damage from getting keyed and falling objects. The most a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Collision coverage

This coverage will pay to fix damage to your GTI 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 like hitting a mailbox, crashing into a ditch, driving through your garage door and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Volkswagen GTI.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as surgery, doctor visits and prosthetic devices. They can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

In Summary

In this article, we covered a lot of ways to get a better price on 2001 Volkswagen GTI insurance. It’s most important to understand that the more quotes you get, the better chance you’ll have of finding lower rates. You may even discover the most savings is with a company that doesn’t do a lot of advertising. These companies often have lower prices on specific markets than their larger competitors like Allstate, GEICO and Progressive.

Cost effective insurance is attainable on the web and with local insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. A few companies do not offer you the ability to get quotes online and these small insurance companies work with independent agents.

Additional car insurance information can be read on the following sites: