Cheap 1995 Volkswagen GTI Insurance Rates

Finding affordable insurance coverage is hard for beginners to comparison shopping online. People have so many options that it can turn into a big hassle to locate the lowest price.

Discounts to lower 1995 Volkswagen GTI insurance rates

Companies that sell car insurance don’t list every discount in a way that’s easy to find, so we researched both well-publicized and the harder-to-find savings tricks you should be using.

  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles are safer to drive and therefore earn up to a 10% discount.
  • College Student – Children who live away from home and don’t have a car can be insured at a reduced rate.
  • Life Insurance – Larger companies have lower rates if you buy a life insurance policy as well.
  • Lower Rates for Military – Being deployed with a military unit could mean lower rates.
  • Multiple Cars – Insuring all your vehicles on the same auto insurance policy could earn a price break for each car.

Drivers should understand that many deductions do not apply to the overall cost of the policy. The majority will only reduce individual premiums such as liability and collision coverage. So when it seems like you can get free auto insurance, companies don’t profit that way.

A partial list of companies that may have these benefits include:

Double check with each company what discounts are available to you. Discounts might not be offered in every state.

Fast and Easy Insurance Quotes

There are a lot of ways to compare insurance prices but there is one way that is more efficient than others. You could waste a few hours talking about coverages with insurance agencies in your area, or you can utilize online quotes to get pricing more quickly.

Most of the best insurance companies take part in a program where insurance shoppers submit their information once, and each participating company returns a competitive quote determined by their information. This system prevents you from having to do quote requests to each individual insurance company.

To access this free quoting program, click here to start a free quote.

The one disadvantage to using this type of system is you don’t know exactly which carriers to receive prices from. So if you prefer to pick from a list of companies to compare prices, we put together a list of insurance companies in your area. View list of insurance companies.

It’s up to you which method you use, but make sure you use the exact same coverage information on every quote. If you use different values for each quote you can’t possibly determine which rate is truly the best. Slightly different insurance coverages can mean a large discrepancy in price. And when quoting insurance, remember that quoting more gives you a better chance of getting the best price.

Why your Volkswagen GTI insurance rates may be high

An important part of buying insurance is that you know the rating factors that play a part in calculating the price you pay for insurance. Having a good understanding of what determines base rates enables informed choices that can help you get big savings.

Shown below are some of the items insurance companies consider when setting your rates.

  • Women pay lower rates – Statistics have proven that women are safer drivers than men. Now that doesn’t mean women are BETTER drivers than men. Women and men have accidents at a similar rate, but the male of the species tend to have more serious accidents. Men also tend to have more aggressive citations like reckless driving and DUI.
  • Younger drivers pay higher rates – Older insureds tend to be more responsible, statistically cause fewer accidents and get fewer tickets. Teenage drivers tend to get distracted easily when behind the wheel therefore insurance rates are much higher.
  • Bundling policies can get discounts – Many insurance companies give discounts to policyholders who have multiple policies with them. It’s known as a multi-policy discount. This can amount to ten or even up to twenty percent in some cases. Even though this discount sounds good, you still need to compare other company rates to confirm you are receiving the best rates possible.
  • Lower miles equals lower premium – The more miles you rack up on your Volkswagen in a year’s time the more you will pay for insurance. The majority of insurers charge to insure your cars determined by how the vehicle is used. Autos used primarily for pleasure use receive lower rates compared to those used for work or business. If your policy improperly rates your GTI may be costing you. Double check that your insurance policy is showing how each vehicle is driven, because improper ratings can cost you money.
  • Poor driving leads to higher costs – A bad driving record impacts your car insurance rates tremendously. Good drivers tend to pay less for car insurance compared to drivers with tickets. Even a single speeding ticket can increase rates by twenty percent. If you have flagrant violations such as DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 form with their state motor vehicle department in order to keep their license.
  • Little extras can really add up – There are a lot of extra coverages you can purchase if you aren’t careful. Coverages for vanishing deductibles, better glass coverage and motor club memberships are examples of these. These may sound like a good investment at first, but if you don’t need them eliminate them to save money.
  • Protect your assets with liability insurance – Liability insurance is the protection if ever you are found liable for damages caused by your negligence. It provides for a legal defense starting from day one. This coverage is very inexpensive compared to physical damage coverage, so do not cut corners here.

Tailor your coverage to you

When buying the best insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Your needs are not the same as everyone else’s.

For example, these questions might help in determining whether you might need professional guidance.

  • Does coverage extend to my business vehicle?
  • Do I pay less for low miles?
  • If I drive on a suspended license am I covered?
  • Is my nanny covered when driving my vehicle?
  • At what point should I drop full coverage?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Does coverage extend to Mexico or Canada?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you don’t have a local agent, complete this form.

Advertising myths

Car insurance companies such as State Farm and Allstate constantly bombard you with ads on TV and radio. They all seem to have a common claim that you’ll save big if you switch to them. How can each company say the same thing? This is how they do it.

Different companies are able to cherry pick for the type of driver they prefer to insure. A good example of a driver they prefer could possibly be between the ages of 30 and 50, has no tickets, and drives newer vehicles. A customer who meets those qualifications will qualify for the lowest rates and therefore will save a lot of money.

Consumers who fall outside the requirements will be charged higher prices which leads to the driver buying from a lower-cost company. The ads state “drivers who switch” not “people who quote” save that much. That is how insurance companies can confidently advertise the way they do. That is why you need to quote coverage with many companies. It is impossible to predict which insurance companies will provide you with the cheapest Volkswagen GTI insurance rates.

Parts of your auto insurance policy

Knowing the specifics of your policy can help you determine the best coverages and the correct deductibles and limits. Auto insurance terms can be confusing and reading a policy is terribly boring.

Collision insurance

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 then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as damaging your car on a curb, sideswiping another vehicle and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible in order to get cheaper collision rates.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for prosthetic devices, dental work, nursing services and X-ray expenses. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Volkswagen GTI.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Comprehensive coverages

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as hitting a deer, falling objects, fire damage and a tree branch falling on your vehicle. The highest amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Coverage for liability

This coverage will cover damage that occurs to a person or their property in an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for things like structural damage, loss of income and medical expenses. How much coverage you buy is your choice, but consider buying higher limits if possible.

Shop smart and save

When trying to cut insurance costs, never buy less coverage just to save a little money. In too many instances, an accident victim reduced comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. Your focus should be to find the BEST coverage at the best price while still protecting your assets.

You just learned some good ideas how to shop for 1995 Volkswagen GTI insurance online. The key concept to understand is the more companies you get rates for, the better your comparison will be. You may even find the lowest priced insurance comes from the least-expected company.

Cheap insurance can be sourced from both online companies and with local insurance agents, and you need to comparison shop both to have the best selection. Some companies do not offer online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

Much more information about insurance can be found at the links below