1998 Volkswagen GTI Insurance Rates

Trying to find better insurance rates for your Volkswagen GTI? Having to pay for overpriced Volkswagen GTI insurance can empty your checking account and put a big crunch on your finances. Comparing price quotes is a great way to tighten up your finances.

Lots of insurance companies contend for your business, so it’s not easy to compare every company to get the cheapest price

If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these methods. Finding affordable coverage is not rocket science. Although consumers need to have an understanding of how companies sell online because it can help you find the best coverage.

Pay less by taking advantage of discounts

Auto insurance companies do not list all available discounts in a way that’s easy to find, so we researched both well-publicized as well as the least known discounts you could be receiving.

  • Government Employees – Being employed by or retired from a federal job can save as much as 8% for GTI coverage depending on your company.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and will save you 10% or more.
  • Homeowners Savings – Owning a house may trigger a insurance coverage policy discount due to the fact that maintaining a home demonstrates responsibility.
  • Paperless Signup – A handful of insurance companies give back up to $50 for buying a policy and signing up digitally online.
  • Multi-car Discount – Insuring more than one vehicle on the same insurance coverage policy could earn a price break for each car.
  • 55 and Retired – If you qualify as a senior citizen, you can possibly qualify for a small decrease in premiums for GTI coverage.

Consumers should know that most discounts do not apply to the overall cost of the policy. Most only cut specific coverage prices like collision or personal injury protection. Even though it may seem like adding up those discounts means a free policy, insurance coverage companies aren’t that generous.

Companies that may offer some of the above discounts include:

It’s a good idea to ask every prospective company which discounts they offer. Discounts may not be available everywhere.

Your coverage should be tailored to you

When it comes to choosing the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Each situation is unique so this has to be addressed. These are some specific questions might help in determining whether you may require specific advice.

  • Do I need motorclub coverage?
  • What are the best liability limits?
  • When would I need rental car insurance?
  • What exactly is covered by my policy?
  • Is my 1998 Volkswagen GTI covered for smoke damage?
  • Is my state a no-fault state?
  • I don’t drive much so do I pay less?
  • Should I buy more coverage than the required minimum liability coverage?

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, complete this form or you can go here for a list of companies in your area.

Advertising myths

Insurance companies such as Progressive, Geico, Allstate and State Farm continually stream television and radio advertisements. They all seem to make the same claim that you’ll save big after switching to their company. How can each company claim to save you money?

Different companies can use profiling for the type of driver that earns them a profit. For instance, a desirable insured could possibly be a mature driver, has no tickets, and has a high credit rating. A customer getting a price quote who meets those qualifications will qualify for the lowest rates and therefore will save quite a bit of money when switching.

Drivers who are not a match for the “perfect” profile must pay higher premiums and ends up with business not being written. The ads state “drivers who switch” not “everyone that quotes” save that much money. That’s the way insurance companies can advertise the savings. This illustrates why it’s extremely important to get a wide range of price quotes. You cannot predict which insurance company will provide you with the cheapest Volkswagen GTI insurance rates.

Car insurance coverage information

Knowing the specifics of your car insurance policy can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring. Below you’ll find typical coverages available from car insurance companies.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses like prosthetic devices, nursing services, surgery, hospital visits and doctor visits. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible

Auto liability

Liability insurance provides protection from damage or injury you incur to other people or property in an accident. It protects you against other people’s claims. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage protects against claims like repair bills for other people’s vehicles, legal defense fees and medical services. The amount of liability coverage you purchase is your choice, but you should buy as much as you can afford.

Comprehensive coverages

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like a broken windshield, damage from a tornado or hurricane and hitting a deer. The most your car insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured and underinsured coverage

This gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like sustaining damage from a pot hole, colliding with another moving vehicle, sideswiping another vehicle and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Shop. Compare. Save.

When trying to cut insurance costs, you should never buy poor coverage just to save money. In many cases, an accident victim reduced comprehensive coverage or liability limits only to regret at claim time that it was a big mistake. Your goal should be to buy enough coverage at an affordable rate.

Throughout this article, we presented a lot of ways to get a better price on 1998 Volkswagen GTI insurance. The most important thing to understand is the more times you quote, the more likely it is that you will get a better rate. You may even find the best prices are with some of the lesser-known companies. Regional companies may cover specific market segments cheaper than the large multi-state companies such as Progressive or Geico.

Additional detailed information can be found in the articles below: