Compare 2003 Volkswagen GTI Insurance Quotes

Buyers have many options when searching for low-cost Volkswagen GTI insurance. They can either spend hours contacting agents getting price quotes or utilize the internet to get rate quotes.

There is a better way to find insurance online so we’re going to tell you the quickest way to compare rates for a Volkswagen and obtain the lowest price from local insurance agents and online providers.

Do you qualify for a discount?

Insurance can be prohibitively expensive, but you can get discounts to help bring down the price. A few discounts will automatically apply at the time of purchase, but a few need to be inquired about prior to receiving the credit. If they aren’t giving you every credit possible, you are paying more than you should be.

  • Driver’s Ed – Require your teen driver to complete a driver education course in school.
  • Homeowners Pay Less – Owning a home may earn you a small savings due to the fact that maintaining a home shows financial diligence.
  • Accident Free – Claim-free drivers can earn big discounts when compared to drivers who are more careless.
  • Senior Citizens – If you qualify as a senior citizen, you may qualify for better auto insurance rates on GTI coverage.
  • Discount for New Cars – Buying coverage on a new vehicle can save up to 30% since new cars are generally safer.
  • Braking Control Discount – Anti-lock brake equipped vehicles can avoid accidents and therefore earn up to a 10% discount.
  • Resident Student – Kids in college who attend school more than 100 miles from home and do not have a car may qualify for this discount.
  • Multiple Policy Discount – When you have multiple policies with the same insurance company you may save approximately 10% to 15%.
  • Use Seat Belts – Using a seat belt and requiring all passengers to use their safety belts can save 10% or more off your PIP or medical payments premium.

It’s important to understand that most discount credits are not given to your bottom line cost. Some only apply to the price of certain insurance coverages like liability and collision coverage. So when the math indicates adding up those discounts means a free policy, you’re out of luck. But any discount will bring down the amount you have to pay.

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

Check with all companies you are considering what discounts are available to you. Some discounts might not be offered everywhere.

What coverages do I need?

When it comes to buying proper insurance coverage, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might help in determining if your insurance needs would benefit from professional advice.

  • What if I don’t agree with a claim settlement offer?
  • How do I insure my teen driver?
  • Do I have coverage when pulling a U-Haul trailer?
  • Exactly who is provided coverage by my policy?
  • Am I covered if I hit a deer?
  • Am I covered when driving a rental car?
  • Are there companies who specialize in insuring high-risk drivers?

If you’re not sure about those questions then you might want to talk to an agent. If you want to speak to an agent in your area, complete this form. It is quick, free and can provide invaluable advice.

Insurance coverage basics

Having a good grasp of a insurance policy can be of help when determining the right coverages and proper limits and deductibles. Insurance terms can be ambiguous and reading a policy is terribly boring.

UM/UIM (Uninsured/Underinsured Motorist) 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 losses include 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 liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Collision coverages – This coverage pays for damage to your GTI caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like driving through your garage door, colliding with another moving vehicle, sideswiping another vehicle, crashing into a ditch and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.

Liability auto insurance – Liability coverage will cover damage or injury you incur to a person or their property in an accident. This insurance protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Another option is one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability can pay for claims like emergency aid, pain and suffering and medical services. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive auto coverage – This pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as damage from a tornado or hurricane, fire damage, rock chips in glass, theft and hail damage. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP provide coverage for immediate expenses for surgery, chiropractic care, rehabilitation expenses, EMT expenses and hospital visits. They are used to fill the gap from 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 getting struck while a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Make an honest buck

Cost effective 2003 Volkswagen GTI insurance can be purchased on the web in addition to many insurance agents, and you need to price shop both so you have a total pricing picture. Some companies do not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

Drivers change insurance companies for many reasons like unfair underwriting practices, being labeled a high risk driver, extreme rates for teen drivers and even delays in responding to claim requests. It doesn’t matter why you want to switch finding a great new company is not as difficult as it may seem.

In this article, we presented many tips how you can save on insurance. The key concept to understand is the more quotes you get, the higher your chance of finding lower rates. Drivers may discover the most savings is with a small mutual company.

Additional detailed information can be read at these sites: