2008 Volkswagen GTI Insurance Rates – 6 Ideas for Cheapest Quotes

Searching for lower car insurance rates for your Volkswagen GTI? Are you regretting buying an expensive car insurance policy? Believe me, many consumers feel financially strained by their car insurance policy.

There is such a variety of auto insurance companies to choose from, and although it’s a good thing to be able to choose, it can be more difficult to compare rates and find the lowest cost car insurance.

Cut your car insurance rates with these six discounts

Companies don’t always publicize every discount in a way that’s easy to find, so we break down a few of the more common in addition to some of the lesser obvious credits available to you. If they aren’t giving you every credit available, you’re paying more than you need to.

  • Multi-car Discount – Purchasing coverage when you have multiple cars on a single policy can reduce the rates for all insured vehicles.
  • Pay Early and Save – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
  • Air Bag Discount – Factory air bags and/or automatic seat belt systems could see savings of 25 to 30%.
  • Lower Rates for Military – Being deployed with a military unit could mean lower prices.
  • Defensive Driver Discount – Successfully completing a driver safety course can save you 5% or more if your company offers it.
  • Accident-Free Discounts – Insureds who avoid accidents and claims are rewarded with significantly better rates on auto insurance quote as opposed to policyholders that have many claims.

As a footnote on discounts, most discounts do not apply to your bottom line cost. The majority will only reduce specific coverage prices like comp or med pay. So even though it sounds like you can get free auto insurance, companies wouldn’t make money that way.

Large car insurance companies and their possible discounts are included below.

  • State Farm offers discounts including multiple autos, safe vehicle, passive restraint, Drive Safe & Save, and student away at school.
  • GEICO may have discounts that include federal employee, driver training, five-year accident-free, military active duty, daytime running lights, and membership and employees.
  • Allstate may offer discounts for EZ pay plan discount, economy car, utility vehicle, FullPay discount, anti-lock brakes, good payer, and multi-policy.
  • SAFECO discounts include multi-car, teen safe driver, anti-lock brakes, accident prevention training, drive less, teen safety rewards, and homeowner.
  • Farm Bureau may include discounts for multi-policy, youthful driver, 55 and retired, driver training, renewal discount, and multi-vehicle.
  • Progressive offers discounts for multi-vehicle, homeowner, online quote discount, continuous coverage, online signing, multi-policy, and good student.
  • AAA has savings for anti-theft, education and occupation, AAA membership discount, good driver, pay-in-full, good student, and multi-policy.

Before buying, ask all the companies how many discounts you can get. Some credits might not be available to policyholders in your area. To see companies offering car insurance discounts, follow this link.

The most recommended method to get policy rate comparisons is to know the fact car insurance companies participate in online systems to give you rate quotes. The only thing you need to do is take a few minutes to give details like the ages of drivers, if the vehicle is leased, if a SR-22 is needed, and if you have an active license. Your rating data is submitted instantly to insurance companies and they return quotes instantly.

To start a rate quote now, click here and find out if lower rates are available.

You are unique and your auto insurance should be too

When it comes to buying proper insurance coverage, there isn’t really a cookie cutter policy. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For instance, these questions could help you determine if your situation will benefit from professional help.

  • Should I bundle my homeowners policy with my auto?
  • Does coverage extend to my business vehicle?
  • Do I need added coverage for expensive stereo equipment?
  • Am I covered when using my vehicle for business?
  • When should I buy a commercial auto policy?
  • Do I need PIP coverage since I have good health insurance?
  • Do I need to file an SR-22 for a DUI in my state?
  • How much liability coverage do I need in my state?

If you can’t answer these questions but you know they apply to you, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.

Car insurance 101

Knowing the specifics of a auto insurance policy can be of help when determining the best coverages and proper limits and deductibles. Auto insurance terms can be impossible to understand and reading a policy is terribly boring. These are the normal coverages found on most auto insurance policies.

Comprehensive or Other Than Collision

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

Comprehensive coverage protects against claims like falling objects, hitting a bird and fire damage. The most your auto insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision insurance

Collision coverage covers damage to your GTI from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as rolling your car, hitting a parking meter, damaging your car on a curb, hitting a mailbox and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Liability insurance

This will cover damage or injury you incur to other people or property by causing an accident. It protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for claims like bail bonds, repair costs for stationary objects, attorney fees and repair bills for other people’s vehicles. How much liability should you purchase? That is up to you, but you should buy as much as you can afford.

Medical costs insurance

Med pay and PIP coverage pay for expenses such as prosthetic devices, surgery, ambulance fees, rehabilitation expenses and doctor visits. They are utilized in addition to your health insurance program or if you are not covered by health insurance. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states and may carry a deductible

UM/UIM Coverage

This gives you protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and also any damage incurred to your Volkswagen GTI.

Since a lot of drivers 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. Normally these coverages do not exceed the liability coverage limits.

A penny earned…

A few companies don’t offer price quotes online and usually these small, regional companies sell through independent agencies. Affordable 2008 Volkswagen GTI insurance is available both online as well as from independent agents, so you should be comparing quotes from both to have the best rate selection.

Throughout this article, we presented quite a bit of information on how to get a better price on 2008 Volkswagen GTI insurance. The most important thing to understand is the more price quotes you have, the better your comparison will be. Consumers may even find the best prices are with the smaller companies. These smaller insurers can often provide lower rates in certain areas as compared to the big name companies such as State Farm, GEICO and Nationwide.

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