How Much Does 2001 Volkswagen GTI Insurance Cost?

Want the cheapest car insurance rates for your Volkswagen GTI? Trying to find cheap car insurance can be very difficult for people not familiar with buying insurance online. Consumers have so many different companies and agents to choose from that it can quickly become a difficult challenge to compare premium rates.

If you currently have a car insurance policy, you should be able to lower your premiums substantially using these techniques. Shopping for the cheapest insurance coverage coverage can be fairly easy. Nevertheless, consumers do need to understand how companies price online insurance and take advantage of how the system works.

Don’t overlook these insurance coverage discounts

Insurance can be prohibitively expensive, but there may be some discounts that may help make it more affordable. Certain discounts will be triggered automatically when you complete an application, but occassionally some discounts must be specially asked for before they will apply.

  • Safe Driver Discount – Insureds without accidents may receive a discount up to 45% on GTI coverage than drivers with accidents.
  • Save over 55 – Drivers over the age of 55 may qualify for lower premium rates on GTI coverage.
  • Multiple Policy Discount – If you can combine your auto and homeowners policy and insure them both with the same insurance company you may earn at least 10% off all policies.
  • Life Insurance Discount – Some companies give a lower rate if you buy some life insurance in addition to your auto policy.
  • Military Discounts – Being deployed with a military unit can result in better rates.
  • Seat Belts Save – Using a seat belt and requiring all passengers to buckle up before driving could cut 10% or more off PIP or medical payments premium.
  • Student in College – Children who are enrolled in higher education away from home without a vehicle on campus may qualify for this discount.
  • Early Renewal Discounts – A few larger companies allow discounts for renewing your policy before your current expiration date. This can save 10% or more.
  • Good Students Pay Less – Being a good student may save as much as 25% on a car insurance quote. Earning this discount can benefit you up until you turn 25.

We need to note that most credits do not apply to the entire policy premium. Most only apply to specific coverage prices like comprehensive or collision. Just because it seems like it’s possible to get free car insurance, company stockholders wouldn’t be very happy.

A list of companies and some of their more popular discounts can be found below.

  • American Family offers discounts for Steer into Savings, early bird, mySafetyValet, accident-free, and bundled insurance.
  • Nationwide offers discounts including anti-theft, Farm Bureau membership, good student, defensive driving, multi-policy, accident-free, and family plan.
  • MetLife policyholders can earn discounts including good student, accident-free, multi-policy, defensive driver, good driver, and claim-free.
  • 21st Century has savings for defensive driver, early bird, automatic seat belts, homeowners, and 55 and older.
  • Farmers Insurance may offer discounts for alternative fuel, homeowner, multi-car, distant student, pay in full, electronic funds transfer, and bundle discounts.
  • Allstate offers premium reductions for economy car, teenSMART discount, premier plus, senior citizen, and FullPay discount.

Before buying, ask each company which credits you are entitled to. Some discounts may not apply to policyholders everywhere. To find companies who offer cheap insurance coverage quotes, click here to view.

When to get professional advice

When buying the best insurance coverage, there really is no perfect coverage plan. Every situation is different.

Here are some questions about coverages that might help in determining whether you might need professional guidance.

  • Is my Volkswagen GTI covered if I use it for business?
  • Does having multiple vehicles earn me a discount?
  • Are there companies who specialize in insuring high-risk drivers?
  • Is my state a no-fault state?
  • What is roadside assistance coverage?
  • Am I covered when driving on a suspended license?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.

Detailed coverages of your car insurance policy

Understanding the coverages of your policy helps when choosing the right coverages for your vehicles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive protection

This coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like hitting a deer, fire damage, a tree branch falling on your vehicle and rock chips in glass. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries and damage to your Volkswagen GTI.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

Medical expense coverage

Coverage for medical payments and/or PIP pay for bills for surgery, ambulance fees, pain medications, chiropractic care and prosthetic devices. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Collision protection

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

Collision coverage pays for things like crashing into a ditch, hitting a mailbox, sideswiping another vehicle and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Liability car insurance

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

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 which stand for a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability coverage protects against things such as repair costs for stationary objects, attorney fees, medical expenses, emergency aid and structural damage. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible.

Shop Smart and Save

Lower-priced auto insurance can be sourced online as well as from independent agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some auto insurance companies don’t offer the ability to get quotes online and most of the time these small, regional companies work with independent agents.

Insureds who switch companies do it for many reasons like policy cancellation, an unsatisfactory settlement offer, lack of trust in their agent or even denial of a claim. No matter why you want to switch, finding the right auto insurance provider is pretty simple and you could end up saving a buck or two.

We just showed you many ways to lower your 2001 Volkswagen GTI insurance rates. It’s most important to understand that the more you quote car insurance, the more likely it is that you will get a better rate. Drivers may discover the lowest priced auto insurance comes from a company that doesn’t do a lot of advertising.

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