Cheaper 2009 Volkswagen GTI Insurance Cost

Did you come to the realization that you have overpriced insurance? Say no more because there are lots of people in the same boat.

Multiple car insurance companies compete for your insurance dollar, and it can be difficult to compare rates to find the absolute cheapest price

Insurance Discounts

Insurance can be pricey, but you might already qualify for some discounts to cut the cost considerably. Most are applied at quote time, but some may not be applied and must be asked about prior to getting the savings.

  • Theft Deterent – Cars equipped with tracking devices and advanced anti-theft systems are stolen less frequently and earn discounts up to 10% off your car insurance quote.
  • Student Discounts – This discount can save 20 to 25%. Earning this discount can benefit you up to age 25.
  • Federal Employees – Being employed by or retired from a federal job may reduce rates when you quote car insurance on GTI insurance but check with your company.
  • Driver’s Education for Students – Teen drivers should participate in a local driver’s education class in high school.
  • Senior Citizen Rates – Older drivers could receive lower premium rates on GTI insurance.
  • Discounts for Safe Drivers – Insureds who avoid accidents can pay as much as 50% less on GTI insurance compared to rates paid by drivers with frequent claims.
  • Drive Less and Save – Fewer annual miles on your Volkswagen may enable drivers to earn discounted insurancerates on garaged vehicles.

Don’t be surprised that most credits do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comprehensive or collision. So even though you would think all those discounts means the company will pay you, companies don’t profit that way. But all discounts will bring down your premiums.

The best insurance companies and their possible discounts can be found below.

  • Progressive offers discounts for continuous coverage, online signing, multi-vehicle, homeowner, online quote discount, multi-policy, and good student.
  • SAFECO offers discounts including safe driver, anti-lock brakes, drive less, bundle discounts, multi-car, anti-theft, and teen safe driver.
  • American Family discounts include TimeAway discount, multi-vehicle, bundled insurance, defensive driver, and accident-free.
  • MetLife policyholders can earn discounts including accident-free, good student, claim-free, defensive driver, multi-policy, and good driver.
  • GEICO has discounts for air bags, good student, driver training, multi-policy, and defensive driver.
  • The Hartford may offer discounts for vehicle fuel type, air bag, bundle, anti-theft, good student, defensive driver, and driver training.

If you want the cheapest car insurance quotes, ask all the companies the best way to save money. Some of the discounts discussed earlier may not be available in your state.

Smart buyers can save money

Many things are used when you get your auto insurance bill. Some factors are common sense such as traffic violations, but some are less apparent such as your credit history or your vehicle rating.

  • Responsible drivers pay less – How you drive impacts premiums far more than you think. Careful drivers have lower premiums compared to drivers with tickets. Only having one moving violation can increase the cost of insurance forty percent or more. Drivers who have received flagrant violations such as DWI, reckless driving or hit and run convictions may find they need to maintain a SR-22 with their state’s licensing department in order to legally drive a vehicle.
  • Incidental coverages may be wasting money – There are a lot of add-on coverages that sound like a good idea at the time on your GTI policy. Add-on coverages like personal injury protection, accidental death, and Farm Bureau memberships are probably not needed. You may think they are a good idea at first, but your money might be better spent on other coverage so remove them and pocket the money.
  • Don’t cancel your coverage without a new one in place – Driving without insurance coverage in place is not a good idea and your next policy will cost more because you let your insurance coverage expire. In addition to paying higher premiums, getting caught without coverage might get you a hefty fine and possibly a revoked license. You will then be forced to prove you have insurance by filing a SR-22 with your state motor vehicle department.
  • Discounts for married drivers – Getting married actually saves money on your policy. It usually means you are more mature than a single person and statistics show drivers who are married are more cautious.
  • Big city or small town – Choosing to live in smaller towns and rural areas of the country has it’s advantages when buying insurance coverage. Lower population means a lower chance of having an accident. Residents of big cities have to deal with more aggressive driving styles and much longer commute distances. More time on the road can result in more accidents.
  • Bump up coverage deductibles to lower rates – The deductibles you choose represent how much money you are willing to pay out-of-pocket if you file a covered claim. Physical damage insurance, aka comp and collision, insures against damage to your car. A few examples of covered claims could be rearending another vehicle, damage from fire, and having a roll-over accident. The more money you choose to pay out-of-pocket, the better rate you will receive on GTI insurance.
  • Women tend to be lower risk – The statistics show females are less aggressive when driving. The data does not necessarily mean that women are better drivers. Both sexes tend to get into auto accidents in similar percentages, but the males cause more damage and cost insurance companies more money. Men also statistically get higher numbers of serious violations like DWI (DUI) or reckless driving.
  • Liability protection limits are a factor – A critical coverage on your policy, liability insurance kicks in when you are ruled to be at fault for personal injury or accident damage. This coverage provides legal defense to attempt to prove you were not liable. Liability insurance is pretty cheap as compared to coverage for physical damage, so drivers should carry high limits.

Tailor your car insurance coverage to you

When buying proper insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s needs are different and your policy should reflect that. For example, these questions can help discover whether your personal situation would benefit from an agent’s advice.

  • Will I lose any money if I cancel my policy before it expires?
  • Should I buy more coverage than the required minimum liability coverage?
  • Will my insurance pay for OEM parts?
  • If my pet gets injured in an accident are they covered?
  • Should I sign the liability waiver when renting a car?
  • How much underlying liability do I need for an umbrella policy?
  • What is the minimum liability in my state?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Beware of misleading insurance ads

Companies like State Farm and Allstate consistently run television and radio advertisements. All the companies seem to make the promise that people will save just by switching to them. It sounds good, but how can they all give you a better price? This is the way they can do it.

Most companies have underwriting criteria for the type of insured that will most likely be profitable. An example of a preferred risk might be over the age of 35, has a clean driving record, and drives less than 5,000 miles a year. Someone who fits that profile will get the preferred prices and will most likely cut their rates substantially.

Insureds who are not a match for these criteria will probably be forced to pay higher premiums with the end result being the customer not purchasing. Company advertisements say “customers that switch” not “everyone who quotes” save that much money. That is how companies can make those claims.

Because of these techniques, you should compare free car insurance quotes often. Because you never know the company that will have better prices than you’re paying now.

What auto insurance coverages do you need?

Having a good grasp of a auto insurance policy aids in choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. These are typical coverages offered by auto insurance companies.

Comprehensive protection

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as a tree branch falling on your vehicle, a broken windshield, vandalism, rock chips in glass and hail damage. The maximum payout your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision coverage protection

This pays for damage to your GTI from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as crashing into a ditch, damaging your car on a curb, rolling your car, sideswiping another vehicle and hitting a mailbox. This coverage can be expensive, so consider removing coverage from older vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Medical expense coverage

Med pay and PIP coverage pay for bills for ambulance fees, hospital visits and dental work. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Coverage for liability

Liability coverage will cover damages or injuries you inflict on a person or their property in an accident. It protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 which stand for a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000. Occasionally you may see a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims such as loss of income, repair bills for other people’s vehicles, medical expenses and court costs. How much coverage you buy is your choice, but it’s cheap coverage so purchase higher limits if possible.

Uninsured or underinsured coverage

Your UM/UIM coverage gives you protection from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants and damage to your Volkswagen GTI.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Normally the UM/UIM limits are similar to your liability insurance amounts.

More quotes mean more savings

When you buy car insurance online, never skimp on critical coverages to save a buck or two. Too many times, an insured cut full coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. The goal is to get the best coverage possible for the lowest cost and still be able to protect your assets.

We just showed you a lot of ways to lower your 2009 Volkswagen GTI insurance premium rates. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may even discover the best price on insurance is with a smaller regional carrier. Regional companies often have lower prices on specific markets compared to the large companies like Progressive and GEICO.

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