1997 Volkswagen GTI Insurance Cost – 5 Savings Tips

Are you sick and tired of scraping the payment together to buy car insurance? Your situation is no different than many other drivers. Many insurance companies compete for your business, so it can be very hard to choose a company to get the lowest cost out there.

It’s smart to take a look at other company’s rates before your policy renews because prices are adjusted regularly by insurance companies. If you had the best deal on GTI insurance six months ago other companies may now be cheaper. So just block out anything you think you know about insurance coverage because it’s time to teach you the fastest and easiest way to find better rates and still maintain coverage.

If you have a policy now or are shopping for new coverage, you can follow these tips to reduce the price you pay while maintaining coverages. Finding the best rates is not that difficult. Consumers just need to understand the tricks to buy insurance coverage over the internet.

How to save on 1997 Volkswagen GTI insurance

Companies that sell car insurance don’t necessarily list every available discount very well, so we break down some of the best known as well as the least known ways to save on car insurance. If you don’t get every credit you deserve, you are paying more than you should be.

  • Sign Early and Save – Select companies give a discount for buying a policy before your current expiration date. It can save you around 10%.
  • Save over 55 – If you’re over the age of 55, you may be able to get better car insurance rates on GTI insurance.
  • Federal Government Employee – Active or retired federal employment may qualify you for a discount on GTI insurance depending on your company.
  • Driver Safety – Completing a driver safety course could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Homeowners Savings – Owning a house can save you money because of the fact that having a home demonstrates responsibility.

It’s important to note that some credits don’t apply the the whole policy. Most only apply to individual premiums such as liability and collision coverage. So even though they make it sound like having all the discounts means you get insurance for free, companies wouldn’t make money that way.

To see a list of insurance companies offering car insurance discounts, click here.

Tailor your coverage to you

When it comes to choosing adequate coverage for your personal vehicles, there is no cookie cutter policy. Everyone’s situation is a little different and your policy should reflect that. For example, these questions can aid in determining if your insurance needs would benefit from professional advice.

  • What vehicles should carry emergency assistance coverage?
  • Do I pay less if my vehicle is kept in my garage?
  • Are all vehicle passengers covered by medical payments coverage?
  • Can I get a multi-policy discount?
  • Should I carry comprehensive and collision coverage?
  • Who is covered by my policy?
  • Am I covered when driving in Canada or Mexico?

If you can’t answer these questions then you might want to talk to an agent. To find an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Don’t listen to company ads

Consumers can’t ignore all the ads for car insurance savings by companies like Progressive, Geico, Allstate and State Farm. They all have a common claim that you can save if you move to them.

How do they all make almost identical claims? It’s all in the numbers.

All companies have a preferred profile for the driver that earns them a profit. A good example of a driver they prefer might be between the ages of 30 and 50, has no driving citations, and has a short commute. Any driver who meets those qualifications gets the lowest rates and is almost guaranteed to save when they switch companies.

Potential insureds who do not match the requirements must pay higher rates and ends up with the driver buying from a lower-cost company. The ads state “drivers who switch” not “people who quote” save that kind of money. That’s why insurance companies can advertise the savings. This illustrates why you need to get a wide range of price quotes. It’s just too difficult to predict the company that will provide you with the cheapest Volkswagen GTI insurance rates.

Detailed coverages of your insurance policy

Knowing the specifics of your policy can help you determine the best coverages for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on the average insurance policy.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for bills for prosthetic devices, funeral costs, hospital visits and X-ray expenses. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Volkswagen GTI.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Collision protection

This coverage covers damage to your GTI resulting from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as sustaining damage from a pot hole, scraping a guard rail, colliding with another moving vehicle and rolling your car. This coverage can be expensive, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Comprehensive insurance

This coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as a tree branch falling on your vehicle, hitting a deer, theft, hitting a bird and vandalism. The maximum payout a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability auto insurance

This coverage protects you from damages or injuries you inflict on a person or their property by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability insurance covers things such as pain and suffering, court costs, bail bonds and medical services. How much liability should you purchase? That is your choice, but buy as large an amount as possible.

One last thing

In this article, we covered a lot of information how to compare 1997 Volkswagen GTI insurance prices online. The key thing to remember is the more rate quotes you have, the better your comparison will be. Consumers could even find that the most savings is with a small mutual company. These smaller insurers may cover specific market segments cheaper than the large multi-state companies such as Allstate, Geico and Progressive.

Discount insurance can be purchased both online and also from your neighborhood agents, and you should be comparing both to have the best selection. Some insurance companies may not provide online quoting and most of the time these small insurance companies sell through independent agents.

When buying insurance coverage, make sure you don’t buy poor coverage just to save money. In many instances, someone sacrificed liability coverage limits and discovered at claim time they didn’t purchase enough coverage. The ultimate goal is to purchase a proper amount of coverage at an affordable rate.

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