Cheaper 2001 Volkswagen Jetta Insurance Cost

Searching for cheaper auto insurance rates for your Volkswagen Jetta? Nobody fancies paying their premiums for auto insurance, especially when they are aware that the price is too high. Insurance companies such as Progressive, State Farm and GEICO constantly bombard you with ad campaigns and it is difficult to ignore the promise of big savings and effectively compare rates to find the best deal.

You need to quote other rates before your policy renews because auto insurance prices are constantly changing. Even if you think you had the best rates for Jetta coverage a couple years back you will most likely find a better rate quote today. Block out anything you think you know about auto insurance because you’re about to find out the proper way to lower your rates without sacrificing coverage.

Lower your insurance costs

Lots of things are used when pricing auto insurance. Some factors are common sense like a motor vehicle report, but other factors are less apparent such as whether you are married and annual miles driven.It’s important that you understand some of the elements that help determine the price you pay for auto insurance. When consumers understand what controls the rates you pay, this enables informed choices that may result in much lower annual insurance costs.

  • How much liability insurance do you need? – Your policy’s liability coverage provides coverage if ever a court rules you are at fault for damages from an accident. It will provide you with a defense in court which can cost thousands of dollars. Liability is cheap when compared to the cost of physical damage coverage, so do not skimp.
  • Younger vs. older drivers – Teen drivers tend to be easily distracted when driving with friends so auto insurance rates are higher. Mature drivers tend to be more responsible, cause fewer claims and accidents and are safer drivers.
  • Remove unneeded extra policy coverages – There are quite a few extra add-on coverages that may not really be needed on your auto insurance policy. Coverages for coverage for rental cars, death and dismemberment, and Farm Bureau memberships could be just wasting money. They may seem like a good idea when you first buy your policy, but if you don’t need them remove them and pocket the money.
  • High credit rating translates to low prices – Having a bad credit score will be a significant factor in calculating your premium rate. Consumers who have very good credit scores tend to be more responsible than those with lower ratings. If your credit score is lower than you’d like, you could be paying less to insure your 2001 Volkswagen Jetta if you clean up your credit.
  • Marriage is a factor – Getting married may save some money on your auto insurance bill. Marriage may mean you are more financially stable and statistics show drivers who are married file infrequent claims.

More affordable rates with discounts

Insurance is not inexpensive, but there could be available discounts that you may not even be aware of. Many discounts should be triggered at the time you complete a quote, but a few need to be specially asked for before you get the savings.

  • E-sign Discounts – A few insurance companies give back up to $50 shop insurance digitally online.
  • Driver Education Discount – Require your teen driver to take driver’s ed class in school or through a local driver safety program.
  • Use Seat Belts – Buckling up and requiring all passengers to buckle their seat belts can save up to 10 percent (depending on the company) off the PIP or medical payment premium.
  • Early Renewal Discounts – Some insurance companies provide a discount for switching companies before your current policy expires. You can save around 10% with this discount.
  • Multi-policy Discount – If you can combine your home and auto policy and place coverage with the same company you may earn over 10 percent off each policy depending on the company.
  • Multi-line Discount – Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase a life insurance policy as well.
  • College Student Discount – Older children living away from home attending college and do not have access to a covered vehicle can be insured at a reduced rate.
  • Military Rewards – Having a deployed family member may lower your prices slightly.
  • Accident-Free Discounts – Drivers who don’t have accidents can earn big discounts compared to drivers with a long claim history.
  • Anti-theft Discount – Cars equipped with anti-theft or alarm systems can help prevent theft and that can save you a little bit as well.

As a footnote on discounts, many deductions do not apply to your bottom line cost. Most cut the price of certain insurance coverages like collision or personal injury protection. Despite the appearance that it’s possible to get free car insurance, it doesn’t quite work that way. Any amount of discount will reduce your overall premium however.

The best insurance companies and a summarized list of policyholder discounts are:

  • Progressive has savings for online signing, online quote discount, good student, multi-vehicle, and homeowner.
  • Farmers Insurance offers discounts for electronic funds transfer, youthful driver, early shopping, bundle discounts, pay in full, teen driver, and mature driver.
  • Farm Bureau may have discounts that include safe driver, good student, driver training, youthful driver, and renewal discount.
  • State Farm may include discounts for Steer Clear safe driver discount, good student, good driver, Drive Safe & Save, multiple autos, and accident-free.
  • GEICO discounts include air bags, anti-lock brakes, military active duty, seat belt use, multi-policy, good student, and multi-vehicle.
  • SAFECO offers discounts including drive less, teen safe driver, homeowner, anti-lock brakes, anti-theft, bundle discounts, and multi-car.
  • Liberty Mutual has discounts for preferred payment discount, hybrid vehicle, exclusive group savings, safety features, and new vehicle discount.

It’s a good idea to ask all companies you are considering how many discounts you can get. Savings might not be offered in every state. For a list of insurance companies who offer insurance discounts, follow this link.

What is the best insurance coverage?

When choosing coverage, there isn’t really a best way to insure your cars. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that may help highlight if your situation would benefit from an agent’s advice.

  • Am I covered if I wreck a rental car?
  • Should I waive the damage coverage when renting a car?
  • How do I insure my teen driver?
  • Am I covered when driving someone else’s vehicle?
  • What is an SR-22 filing?
  • What is roadside assistance coverage?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and you can get the answers you need.

Insurance policy specifics

Learning about specific coverages of your insurance policy can be of help when determining the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverage types found on most insurance policies.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses such as X-ray expenses, doctor visits, pain medications, prosthetic devices and EMT expenses. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Volkswagen Jetta.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Frequently these limits are identical to your policy’s liability coverage.

Liability auto insurance

Liability coverage protects you from injuries or damage you cause to other people or property that is your fault. It protects you from claims by other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Some companies may use a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things like loss of income, structural damage, funeral expenses, repair costs for stationary objects and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive insurance

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like theft, damage from a tornado or hurricane, a broken windshield and vandalism. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision protection

This coverage pays for damage to your Jetta resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision can pay for things such as colliding with a tree, driving through your garage door, colliding with another moving vehicle and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to bring the cost down.

The bottom line

We’ve covered many ideas to lower your 2001 Volkswagen Jetta insurance premium rates. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from a small mutual company. Smaller companies often have lower prices on specific markets as compared to the big name companies such as GEICO and State Farm.

When buying insurance coverage, you should never buy lower coverage limits just to save a few bucks. Too many times, an accident victim reduced physical damage coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The aim is to purchase plenty of coverage at the lowest possible cost, but don’t skip important coverages to save money.

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