How Much Does 1992 Volkswagen Corrado Insurance Cost?

Did you fall for a flashy sales pitch and buy an overpriced insurance policy? Trust us when we tell you you’re not alone.

Big companies like Geico, 21st Century and Progressive continually hit you with advertising and it can be hard to avoid their marketing magic and take the time to shop coverage around.

You should make it a habit to shop coverage around at least once a year due to the fact that insurance rates are adjusted regularly by insurance companies. Just because you found the best rates for Corrado insurance two years ago the chances are good that you can find a lower rate today. You can find a lot of misleading information regarding insurance on the internet, so I’m going to show you some great ideas on how to reduce your insurance bill.

Insurance Coverage Prices Online

There are several ways of comparing price quotes from local insurance coverage companies. The simplest method to compare 1992 Volkswagen Corrado insurance prices involves getting comparison quotes online. This can be done using a couple different methods.

  1. Probably the best way to find low rates would be an industry-wide quote request form click here to open form in new window. This method saves time by eliminating boring form submissions for each company. One simple form gets you coverage quotes from many national carriers.
  2. A more difficult way to compare rate quotes consists of going to the website for every company you want to comare to request a price quote. For instance, let’s say you want comparison quotes from USAA, Allstate and American Family. To find out each rate you need to go to every website to input your insurance information, which is why the first method is more popular.

    For a list of links to companies insuring cars in your area, click here.

  3. The hardest method to compare rates is to waste gas driving to local insurance agencies. The ability to buy insurance online has reduced the need for local agents unless you have a need for the personal advice of a local agent. Drivers can get prices online and get advice from an agent in your area and you’ll learn how to do that later.

It’s up to you how you get prices quotes, just ensure you’re using exactly the same coverages and limits for each comparison quote. If the quotes have unequal deductibles or liability limits it will be very difficult to truly determine the lowest rate. Quoting even small variations in insurance coverages can result in a big premium difference. And when comparison shopping, having more price comparisons helps you find a lower rate.

These discounts can slash auto insurance rates

Companies that sell car insurance don’t list every available discount in an easy-to-find place, so here is a list some of the more common and the more hidden auto insurance savings.

  • Save with a New Car – Adding a new car to your policy can be considerably cheaper due to better safety requirements for new cars.
  • Resident Student – Kids in college who are attending college and don’t have a car can be insured at a reduced rate.
  • Auto/Home Discount – When you combine your home and auto insurance with one company you may save 10% to 20% off each policy.
  • Own a Home – Simply owning a home may earn you a small savings because of the fact that having a home requires personal responsibility.
  • Sign Early and Save – Some companies give discounts for signing up prior to your current policy expiration. It can save you around 10%.
  • Auto/Life Discount – Some companies give a discount if you purchase auto and life insurance together.
  • Paperwork-free – A handful of insurance companies give back up to $50 just for signing your application on their website.
  • Military Discounts – Having a family member in the military could be rewarded with lower premiums.
  • Claim Free – Drivers with accident-free driving histories can save substantially compared to frequent claim filers.

It’s important to note that some of the credits will not apply to the entire cost. Some only apply to the price of certain insurance coverages like comp or med pay. Even though it may seem like all those discounts means the company will pay you, you’re out of luck.

Insurance companies that may offer these discounts include:

It’s a good idea to ask every prospective company how you can save money. Savings might not be offered everywhere.

When might I need the advice of an agent?

When buying the best insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different so your insurance should reflect that For example, these questions can aid in determining if your insurance needs might need an agent’s assistance.

  • Is my business laptop covered if it gets stolen from my vehicle?
  • Do I need PIP coverage since I have good health insurance?
  • Can I drive in Mexico and have coverage?
  • What exactly is covered by my policy?
  • Should I carry comprehensive and collision coverage?
  • Am I covered if hit by an uninsured driver?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Are my friends covered when driving my 1992 Volkswagen Corrado?
  • Is other people’s property covered if stolen from my vehicle?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an agent. If you don’t have a local agent, fill out this quick form or click here for a list of insurance companies in your area.

Car insurance coverage options for a 1992 Volkswagen Corrado

Knowing the specifics of your car insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. Car insurance terms can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverages found on most car insurance policies.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like hitting a deer, damage from flooding and damage from a tornado or hurricane. The highest amount a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for hospital visits, rehabilitation expenses, doctor visits, ambulance fees and surgery. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision protection

Collision coverage covers damage to your Corrado resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as hitting a mailbox, colliding with another moving vehicle, sideswiping another vehicle, driving through your garage door and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.

Auto liability

Liability insurance protects you from injuries or damage you cause to other’s property or people. It protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 which stand for $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability coverage protects against claims such as repair costs for stationary objects, medical expenses, repair bills for other people’s vehicles and pain and suffering. How much liability coverage do you need? That is up to you, but consider buying as much as you can afford.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Final considerations

As you shop your coverage around, never buy lower coverage limits just to save a few bucks. Too many times, someone sacrificed full coverage only to regret they didn’t purchase enough coverage. The proper strategy is to get the best coverage possible at the best price while not skimping on critical coverages.

Cheaper 1992 Volkswagen Corrado insurance can be found both online and also from your neighborhood agents, and you should compare price quotes from both in order to have the best chance of saving money. Some auto insurance companies may not provide online quoting and most of the time these regional insurance providers sell through independent agents.

More detailed auto insurance information can be found in the articles below: