2005 Volkswagen New Beetle Insurance Rates

Searching for lower insurance coverage rates for your Volkswagen New Beetle? Have you fallen victim to overpriced insurance coverage? It’s a common feeling and many drivers have buyer’s remorse.

You have so many insurers to pick from, and although it’s a good thing to have a selection, more options can take longer to get the best deal.

This article will teach you how to effectively get price quotes and some tricks to saving. If you currently have car insurance, you should be able to lower your premiums substantially using this strategy. Nevertheless, vehicle owners need to have an understanding of how companies market insurance on the web.

Earn discounts to get lower-cost insurance coverage quotes

Not many people think insurance is cheap, but there are discounts available to cut the cost considerably. Some trigger automatically at quote time, but some need to be specifically requested before you get the savings.

  • Pay Now and Pay Less – By making one initial payment rather than spreading payments over time you can avoid monthly service charges.
  • Early Signing – Some insurance companies give discounts for renewing your policy prior to your current policy expiring. It could save around 10% when you buy insurance online.
  • Senior Citizen Rates – Seniors may be able to get a small decrease in premiums on New Beetle insurance.
  • Student Discounts – Performing well in school could provide a savings of up to 20% or more. Many companies even apply the discount to college students until age 25.
  • Active Service Discounts – Having an actively deployed family member could trigger a small discount.
  • Cautious Drivers – Insureds who avoid accidents can save up to 40% or more on their insurance quote on New Beetle insurance compared to rates paid by drivers with frequent claims.
  • Discount for New Cars – Buying a new car model can get you a discount because new model year vehicles have to meet stringent safety requirements.
  • Discounts for Multiple Vehicles – Having more than one vehicle on the same insurance coverage policy can get a discount on all vehicles.

While discounts sound great, it’s important to understand that most discount credits are not given to the entire cost. Most only reduce individual premiums such as medical payments or collision. Even though the math looks like you would end up receiving a 100% discount, nobody gets a free ride.

Popular insurance coverage companies and some of their more popular discounts include:

  • Progressive has savings for online quote discount, good student, continuous coverage, online signing, and multi-policy.
  • GEICO discounts include membership and employees, anti-theft, seat belt use, anti-lock brakes, defensive driver, and federal employee.
  • State Farm includes discounts for Steer Clear safe driver discount, good driver, accident-free, passive restraint, defensive driving training, good student, and multiple policy.
  • Esurance may offer discounts for multi-policy, good driver, defensive driver, anti-lock brakes, and online shopper.
  • The Hartford policyholders can earn discounts including vehicle fuel type, bundle, defensive driver, anti-theft, and good student.

If you are trying to find low cost insurance quotes, ask each company or agent which discounts can lower your rates. Some of the discounts discussed earlier might not apply in your area.

How to get insurance coverage quotes

To find low cost rates, there are a couple of ways of comparing rate quotes from many different insurance companies. The best way to do a complete rate comparison involves getting comparison quotes online. This is very easy and can be done in a couple minutes as outlined below.

  1. If you don’t have a lot of time, the easiest way to find the lowest comparison rates would be an industry-wide quote request form (click to open form in new window). This method eliminates the need for separate forms for every prospective company. A single, simple form will get you rate comparisons from all major companies.
  2. A less efficient way to analyze rates consists of visiting each company website and get a separate price quote. For example, let’s say you want to compare rates from Allstate, State Farm and Liberty Mutual. In order to get each rate, you would have to take the time to go to each site and type in your information over and over, which is why the first method is quicker. For a list of companies in your area, click here.
  3. The most difficult way to compare rates is driving to all the different insurance agencies. The ability to get quotes online eliminates this option unless you’re the type of person who wants the professional guidance that you can only get from talking to an agent. However, consumers can compare the best prices online but buy the policy through an agent.

It doesn’t matter which method you choose, just make darn sure you compare the exact same quote information for every company. If you compare different deductibles it will be nearly impossible to determine the best price for your Volkswagen New Beetle. Slightly different insurance coverages or limits could skew the results. And when price shopping your coverage, quoting more helps increase your odds of locating better pricing.

Seven things that affect your insurance prices

A large part of saving on auto insurance is knowing a few of the rating criteria that aid in calculating the rates you pay for auto insurance. If you understand what impacts premium levels, this allows you to make good choices that will entitle you to better auto insurance rates.

  • Put fewer miles on your vehicle – The more miles you rack up on your Volkswagen in a year’s time the more you’ll pay to insure your vehicle. The majority of insurers calculate rates based on how the vehicle is used. Cars and trucks left parked in the garage receive lower rates than vehicles that have high annual mileage. Ask your agent if your auto insurance policy is showing the correct driver usage. Improper usage on your New Beetle is just wasting money.
  • Accidents drive up rates – A bad driving record has a big impact on rates. Good drivers pay less for auto insurance than people who have multiple driving citations. Just one speeding ticket or other violation can increase the cost of insurance substantially. People who have flagrant citations like DWI, reckless driving or hit and run convictions might be required by their state to file a SR-22 with their state DMV in order to keep their license.
  • Premiums are affected by your credit score – Credit score will be a significant factor in calculating your premium rate. People with very high credit ratings tend to be less risk to insure than drivers who have lower ratings. Therefore, if your credit rating is low, you could be paying less to insure your 2005 Volkswagen New Beetle by improving your rating.
  • Prevent theft and save – Buying a car with a theft deterrent system can help bring down rates. Theft prevention features like vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart your car from being stolen.
  • Car and home together may be cheaper – Some insurance companies give lower prices to buyers who buy several policies from them. It’s known as a multi-policy discount. Even if you qualify for this discount already, drivers will still want to compare other insurance prices to help guarantee you have the best rates. Consumers may save even more by splitting coverages up.
  • Battle of the sexes – Statistics have proven that females take fewer risks when driving. The data does not necessarily mean that males are worse at driving than females. Both genders have auto accidents at about the same rate, but the male of the species have accidents that have higher claims. Men also statistically receive more costly citations such as DWI and reckless driving.
  • Younger drivers are expensive to insure – Older drivers are proven to be safer behind the wheel, statistically cause fewer accidents .Youthful drivers are known to be more careless in a vehicle so auto insurance rates are higher.

Tailor your insurance coverage coverage to you

When choosing the best insurance coverage coverage for your personal vehicles, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions could help you determine whether or not you will benefit from professional help.

  • Am I covered if I hit a deer?
  • Does having multiple vehicles earn me a discount?
  • Should I buy full coverage?
  • Do I need motorclub coverage?
  • Is business equipment covered while in my vehicle?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Am I insured when driving a different vehicle?
  • Do I need medical payments coverage since I have good health insurance?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking 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

Insurance coverage specifics

Learning about specific coverages of your insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the usual coverages offered by insurance companies.

Comprehensive coverage

Comprehensive insurance covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers claims like damage from getting keyed, falling objects, fire damage, damage from a tornado or hurricane and theft. The most 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 consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and damage to your Volkswagen New Beetle.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Usually these limits are set the same as your liablity limits.

Coverage for collisions

This coverage pays for damage to your New Beetle caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as crashing into a ditch, scraping a guard rail, hitting a mailbox and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to bring the cost down.

Auto liability

This provides protection from damages or injuries you inflict on a person or their property. This coverage protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things like medical expenses, attorney fees, structural damage and legal defense fees. How much coverage you buy is a personal decision, but you should buy as much as you can afford.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for expenses for things like doctor visits, hospital visits, EMT expenses, surgery and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

In the end, you save

As you restructure your insurance plan, make sure you don’t skimp on critical coverages to save a buck or two. In many instances, consumers will sacrifice full coverage only to find out they didn’t have enough coverage. Your aim should be to purchase plenty of coverage at the best cost, but don’t skip important coverages to save money.

Throughout this article, we presented quite a bit of information on how to save on 2005 Volkswagen New Beetle insurance. The key concept to understand is the more times you quote, the better your chances of lowering your auto insurance rates. Consumers could even find that the best price on car insurance is with a small mutual company. These companies often have lower auto insurance rates on specific markets than the large multi-state companies such as Allstate, GEICO and Progressive.

Lower-priced 2005 Volkswagen New Beetle insurance is available both online as well as from insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who may not offer online rate quotes and usually these regional carriers provide coverage only through local independent agents.

Other learning opportunities