Cheap 2002 Volkswagen GTI Car Insurance Quotes

No one in their right mind enjoys paying for auto insurance, especially when the price is too high.

Many insurance companies compete for your hard-earned dollar, and it can be difficult to compare rates to find the lowest rate possible.

Consumers should take time to compare prices periodically because prices tend to go up over time. Just because you had the lowest rates on GTI insurance on your last policy you can probably find a lower rate today. There is a lot of bad advice regarding auto insurance online but we’re going to give you a lot of great tips on how to slash your auto insurance rates.

If you currently have car insurance, you will most likely be able to save some money using this information. Finding the best rates is quite easy. But car owners benefit from understanding the methods companies use to market insurance on the web because it can help you find the best coverage.

Don’t pay full price with these discounts

Companies that sell car insurance do not list all their discounts in an easy-to-find place, so we break down both the well known and also the lesser-known insurance coverage savings.

  • Discount for Swiching Early – Select companies give a discount for buying a policy before your current policy expires. The savings is around 10%.
  • Multiple Cars – Buying coverage for all your vehicles on the same insurance coverage policy could earn a price break for each car.
  • Low Mileage – Driving fewer miles can qualify you for discounted rates on garaged vehicles.
  • Drivers Ed for Students – Require your teen driver to successfully complete driver’s ed class if offered at their school.
  • Own a Home – Being a homeowner may trigger a insurance coverage policy discount because owning a home requires personal responsibility.
  • 55 and Retired – If you’re over the age of 55, you may receive a small decrease in premiums on GTI insurance.
  • Discount for New Cars – Insuring a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.

Keep in mind that most discounts do not apply to the entire policy premium. Most only cut individual premiums such as collision or personal injury protection. Just because it seems like it’s possible to get free car insurance, you won’t be that lucky.

To see a list of insurance companies who offer insurance coverage discounts, click this link.

Comprehensive Insurance Coverage Comparison

There are several ways to compare rate quotes from different insurance companies. The easiest way to find competitive 2002 Volkswagen GTI insurance rates consists of shopping online. This is very easy and can be done in just a few minutes using one of these methods.

  • The fastest way consumers can analyze rates is an all-inclusive rate comparison (click to open form in new window). This method prevents you from having to do separate forms for each company you want a rate for. Just one form will return price quotes from several companies.
  • A more time consuming way to shop for insurance coverage online consists of visiting each company website and complete a new quote form. For sake of this example, let’s assume you want rates from Progressive, Esurance and American Family. To find out each rate you need to take the time to go to each site to enter your coverage information, and that’s why the first method is more popular.

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

  • The hardest way to get comparison rates is driving to and from local insurance agencies. Buying insurance online has reduced the need for local agents unless you require the professional guidance that only a license agent can provide. You can, however, compare online quotes and get advice from an agent in your area and we’ll touch on that later.

It’s up to you how you get prices quotes, just make darn sure you compare apples-to-apples deductibles and coverage limits for every company. If each company quotes differing limits it will be impossible to make an equal comparison. Just a small difference in coverage limits may result in large price differences. And when comparison shopping, comparing more company’s prices helps locate a lower rate.

Volkswagen GTI insurance rates consist of many parts

An important part of buying insurance is that you know some of the elements that help determine the price you pay for auto insurance. When you know what positively or negatively determines base rates allows you to make educated decisions that can help you get big savings.

The following are some of the items companies use to determine your rates.

  • Do men or women drive better? – The statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that men are WORSE drivers than women. They both tend to get into accidents in similar percentages, but the males cause more damage. They also get cited for more serious violations such as reckless driving. Male drivers age 16 to 19 are several times more likely to be in an accident and therefore are the most expensive to insure.
  • Your location affects your rates – Living in a small town has it’s advantages when insuring your vehicles. Drivers who live in large cities have to deal with congested traffic and longer commutes to work. Less people living in that area means fewer accidents and a lower car theft rate.
  • Occupation reflects on rates – Did you know your occupation can influence how much you pay for auto insurance? Occupations like judges, social workers and stock brokers tend to pay the highest rates due to high stress and lots of time spent at work. On the other hand, professions such as pilots, students and homemakers have the lowest average rates on GTI insurance.
  • Lower rates come with age – Teenage drivers have a tendency to be more careless when behind the wheel so auto insurance rates are higher. Older insureds are viewed as being more responsible, statistically cause fewer accidents and receive fewer citations.
  • Higher safety ratings means cheaper insurance – Cars with high safety ratings can get you lower premiums. Safe vehicles have better occupant injury protection and better occupant protection means less money paid by your insurance company and more competitive rates for policyholders. If your Volkswagen GTI is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Credit scores impact auto insurance rates – Having a bad credit score is a huge factor in calculating your auto insurance rates. Consumers who have good credit tend to be less risk to insure than those with lower ratings. So if your credit history is low, you could save money insuring your 2002 Volkswagen GTI by spending a little time repairing your credit.
  • Pleasure use or commuting – The more you drive each year the more you will pay for auto insurance. The majority of insurers apply a rate based upon how you use the vehicle. Autos not used for work or commuting qualify for better rates compared to those used for work or business. Having the wrong rating on your GTI may be costing you. Ask your agent if your auto insurance policy is showing the correct driver usage.
  • Marriage pays dividends – Having a spouse can actually save you money on auto insurance. It is viewed as being more mature it has been statistically shown that drivers who are married are more cautious.

Your personal situation dictates your coverage

When it comes to buying the best car insurance coverage, there is no one size fits all plan. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that can help discover if you would benefit from an agent’s advice.

  • Do I benefit by insuring my home with the same company?
  • Can I afford to buy a different vehicle if my 2002 Volkswagen GTI is totaled?
  • Does having multiple vehicles earn me a discount?
  • What is the difference between comprehensive and collision coverage?
  • Will I lose any money if I cancel my policy before it expires?
  • What is an SR-22 filing?
  • Can my babysitter drive my car?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Is upholstery damage covered by car insurance?

If you don’t know the answers to these questions then you might want to talk to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier

Car insurance specifics

Having a good grasp of your car insurance policy aids in choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverage types found on the average car insurance policy.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage pay for bills like surgery, rehabilitation expenses and doctor visits. They are often used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants 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.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is very important.

Liability coverage

Liability coverage will cover damage that occurs to people or other property that is your fault. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for things like court costs, bail bonds and medical expenses. The amount of liability coverage you purchase is a personal decision, but consider buying higher limits if possible.

Comprehensive car insurance

This will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as hitting a bird, hail damage, a broken windshield, rock chips in glass and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto collision coverage

This coverage pays for damage to your GTI resulting from a collision with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as colliding with a tree, hitting a parking meter, backing into a parked car, sustaining damage from a pot hole and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. You can also raise the deductible to get cheaper collision coverage.

Cheaper insurance is a realistic goal

Lower-priced 2002 Volkswagen GTI insurance is definitely available both online in addition to many insurance agents, so you should be comparing quotes from both to have the best rate selection. Some insurance companies do not provide online price quotes and many times these smaller companies only sell through independent insurance agents.

We covered a lot of information how to get a better price on insurance. It’s most important to understand that the more times you quote, the higher the chance of saving money. You may even find the lowest rates come from some of the lesser-known companies. Some small companies may cover specific market segments cheaper than the large multi-state companies such as Geico and State Farm.

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