How Much Does 2012 Volkswagen GTI Insurance Cost?

Trying to find cheaper insurance rates for your Volkswagen GTI? Using the web to shop for insurance is challenging if you’ve never compared quoting online. But relax because we’re going to show you how.

If you have car insurance now, you stand a good chance to be able to cut costs considerably using this strategy. Buying affordable auto insurance is easy if you know what you’re doing. Nevertheless, consumers do need to learn how the larger insurance companies market insurance on the web.

Why your Volkswagen GTI insurance rates may be high

It’s important that you understand some of the elements that come into play when calculating car insurance rates. Understanding what controls the rates you pay enables informed choices that may reward you with better car insurance rates.

  • Don’t get talked into coverage you don’t need – There are a lot of extra coverages that you can buy when buying car insurance. Things like roadside assistance, towing coverage and membership fees are some examples. These may sound like a good investment when you first buy your policy, but your needs may have changed so remove them from your policy.
  • Traffic violations increase rates – Only having one moving violation can increase rates by twenty percent. Good drivers have lower premiums than people who have multiple driving citations. Drivers with severe tickets like DWI, reckless driving or hit and run convictions are required to submit a SR-22 or proof of financial responsibility with their state DMV in order to drive a vehicle legally.
  • Theft deterrents lower rates – Choosing a vehicle with a theft deterrent system can save you a little every year. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your car from being stolen.
  • Pleasure use or commuting – The higher the mileage driven each year the higher your rates will be. Most companies charge to insure your cars based on how the vehicle is used. Cars and trucks not used for work or commuting get more affordable rates than those used for commuting. An improperly rated GTI can cost quite a bit. Ask your agent if your car insurance declarations sheet shows the correct usage for each vehicle.
  • Discounts for multiple policies – The majority of companies give discounts to customers who buy several policies from them in the form of a multi-policy discount. Even with this discount, it’s in your best interest to compare other company rates to confirm you are receiving the best rates possible.
  • Males pay more for insurance – The statistics show that women are safer drivers than men. Now that doesn’t mean women are better drivers. They both are in accidents in similar percentages, but men tend to have more serious accidents. Men also get cited for more serious violations like reckless driving and DUI.

How to Lower Your Auto Insurance Cost

Comparing auto insurance rates is a ton of work if you don’t understand the easiest way. You could spend your day driving to local insurance agents in your area, or you could use online quoting to maximize your effort.

Most of the larger companies belong to an insurance system that allows shoppers to enter their policy data once, and each participating company can provide price quotes determined by their information. This saves time by eliminating quotation requests for every auto insurance company.

To compare pricing click to open in new window.

The only drawback to using this type of form is that you can’t choose which carriers you want to price. If you prefer to choose specific insurance companies to receive pricing from, we have a page of low cost auto insurance companies in your area. Click to view list.

Which method you use is up to you, but be sure to compare the exact same coverage limits on every quote. If the quotes have different deductibles it will be next to impossible to make a fair comparison for your Volkswagen GTI. Just a small difference in coverages may result in large price differences. Just remember that having more price comparisons gives you a better chance of getting the best rates.

Misconceptions in insurance coverage advertisements

Insurance coverage providers like State Farm, GEICO and Progressive regularly use television and radio advertisements. They all have a common claim that you can save if you move your policy. How do they all claim to save you money? It’s all in the numbers.

Different companies have a certain “appetite” for the driver they prefer to insure. An example of a profitable customer might be profiled as over the age of 40, a clean driving record, and drives less than 7,500 miles a year. Any new insured who fits that profile is entitled to the best price and as a result will probably save when they switch companies.

Potential customers who don’t meet the “perfect” profile will have to pay more money which usually ends up with business not being written. The ad wording is “customers that switch” but not “drivers who get quotes” save that much. This is how companies can claim big savings.

Because of the profiling, drivers must get as many quotes as possible. It’s impossible to know which insurance companies will give you the biggest savings on Volkswagen GTI insurance.

Don’t miss these discounts

Properly insuring your vehicles can get expensive, buy you may qualify for discounts to cut the cost considerably. Certain discounts will be triggered automatically at the time of purchase, but some may not be applied and must be inquired about before being credited.

  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can avoid accidents and will save you 10% or more.
  • Good Students Pay Less – Performing well in school can save 20 to 25%. The discount lasts until age 25.
  • Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you could save 5% or more.
  • Employee of Federal Government – Employees or retirees of the government can earn a discount up to 10% for GTI coverage with a few auto insurance companies.
  • Homeowners Discount – Simply owning a home may trigger a auto insurance policy discount because maintaining a house is proof that your finances are in order.
  • Distant Student – Youth drivers living away from home attending college and do not have a car can receive lower rates.
  • Sign Early and Save – A few companies offer discounts for buying a policy prior to your current policy expiration. It can save you around 10%.
  • Safety Course Discount – Taking part in a driver safety course could possibly earn you a 5% discount depending on where you live.
  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy may reduce the rate for each vehicle.

As a disclaimer on discounts, some of the credits will not apply to the entire cost. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous. But all discounts will reduce your overall premium however.

Car insurance companies that may offer some of the above discounts include:

Before buying, ask each insurance company what discounts are available to you. Some discounts may not apply in your state.

When might I need help?

When buying adequate coverage for your vehicles, there really is no best way to insure your cars. Everyone’s needs are different.

These are some specific questions may help you determine whether your personal situation might need professional guidance.

  • If I drive on a suspended license am I covered?
  • Should I put collision coverage on all my vehicles?
  • Do I have coverage when using my vehicle for my home business?
  • When should I remove comp and collision on my 2012 Volkswagen GTI?
  • Do I have coverage when making deliveries for my home business?
  • Does my car insurance cover rental cars?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Am I covered if I break a side mirror?
  • When does my teenage driver need to be added to my policy?
  • Does coverage extend to Mexico or Canada?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Auto insurance coverage information

Understanding the coverages of your policy helps when choosing the right coverages and proper limits and deductibles. Insurance terms can be confusing and reading a policy is terribly boring.

Comprehensive coverage

Comprehensive insurance coverage covers damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as hail damage, vandalism and a tree branch falling on your vehicle. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability auto insurance

This provides protection from damage that occurs to people or other property. This coverage protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things like medical expenses, emergency aid, repair costs for stationary objects, attorney fees and court costs. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision insurance

This covers damage to your GTI caused by collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like driving through your garage door, sustaining damage from a pot hole, rolling your car, sideswiping another vehicle and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Medical payments coverage and PIP

Med pay and PIP coverage reimburse you for expenses such as X-ray expenses, rehabilitation expenses, EMT expenses, prosthetic devices and surgery. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Volkswagen GTI.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally the UM/UIM limits are set the same as your liablity limits.

A fool and his money are soon parted

In this article, we presented quite a bit of information on how to compare 2012 Volkswagen GTI insurance prices online. It’s most important to understand that the more rate comparisons you have, the better likelihood of reducing your rate. You may even find the lowest rates come from the smaller companies.

People leave their current company for many reasons like questionable increases in premium, extreme rates for teen drivers, policy non-renewal or being labeled a high risk driver. Regardless of your reason for switching companies, finding a new insurance coverage company can be easy and end up saving you some money.

As you prepare to switch companies, never reduce needed coverages to save money. In too many instances, someone dropped liability limits or collision coverage to discover at claim time that the small savings ended up costing them much more. Your strategy should be to purchase plenty of coverage at a price you can afford while still protecting your assets.

Additional insurance coverage information is located at these links: