2001 Volkswagen Cabrio Insurance Rates

Trying to find lower insurance rates for your Volkswagen Cabrio? Are you a victim of overpriced insurance? Trust us when we tell you there are a lot of people just like you who feel imprisoned by their insurance policy.

Companies like State Farm, Allstate, Geico and Progressive all promote huge savings with advertising and it is challenging if not impossible to ignore the flying pigs and cute green geckos and take the time to shop coverage around.

If you currently have car insurance, you should be able to lower your premiums substantially using these tips. Choosing the best insurance company for you is not that difficult. But consumers need to have an understanding of how big insurance companies price insurance differently and apply this information to your search.

The method we recommend to get rate comparisons is to know the trick car insurance companies participate in a system to provide you with free rate quotes. All you need to do is give them rating details including whether the vehicles are used for commuting, if a SR-22 is needed, which vehicles you own, and whether you have decent credit. Those rating factors is then sent to all major companies and you receive quotes almost instantly.

Do insurance coverage companies bend the truth?

Insurance coverage companies such as State Farm and Allstate consistently run ads in print and on television. They all seem to make an identical promise that you can save if you change your coverage to them. How do they all say the same thing? This is how they do it.

All companies have a certain “appetite” for the type of driver that earns them a profit. For example, a desirable insured could be between the ages of 30 and 50, is a homeowner, and has a short commute. A customer that hits that “sweet spot” is entitled to the best price and most likely will save when they switch companies.

Potential insureds who fall outside these standards will have to pay a higher premium and ends up with business going elsewhere. Company advertisements say “drivers who switch” not “people who quote” save that kind of money. That’s why insurance companies can make those claims.

Because of the profiling, it’s extremely important to get quotes from several different companies. It’s not possible to predict the company that will provide you with the cheapest Volkswagen Cabrio insurance rates.

Discounts to lower 2001 Volkswagen Cabrio insurance rates

The price of auto insurance can be rather high, but you may find discounts to help offset the cost. Larger premium reductions will be automatically applied when you get a quote, but a few must be specially asked for in order for you to get them.

  • Homeowners Savings – Owning a home can save you money because of the fact that having a home requires personal responsibility.
  • Multiple Policy Discount – If you insure your home and vehicles with one company you may save approximately 10% to 15%.
  • Save with a New Car – Putting insurance coverage on a new car can cost up to 25% less since new cars are generally safer.
  • Discount for Good Grades – A discount for being a good student can be rewarded with saving of up to 25%. The discount lasts up to age 25.
  • Paperless Signup – A handful of insurance companies give back up to $50 for buying your policy over the internet.
  • Student in College – Youth drivers who live away from home and do not have access to a covered vehicle may qualify for this discount.
  • Passive Restraints – Cars that have air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.
  • Seat Belts Save more than Lives – Drivers who require all occupants to use a seat belt could cut 10% or more on the medical payments or PIP coverage costs.
  • More Vehicles More Savings – Having multiple cars or trucks on the same insurance coverage policy can get a discount on all vehicles.
  • Driver Safety – Completing a course teaching defensive driving skills can save you 5% or more if your company offers it.

Drivers should understand that most discount credits are not given to the overall cost of the policy. A few only apply to specific coverage prices like liability and collision coverage. So even though it sounds like it’s possible to get free car insurance, it doesn’t quite work that way. But any discount will cut your overall premium however.

A partial list of companies who might offer these discounts include:

It’s a good idea to ask each insurance company what discounts are available to you. All car insurance discounts may not be available in your state.

Tailor your coverage to you

When buying the best car insurance coverage, there isn’t really a “perfect” insurance plan. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that might help in determining if your situation may require specific advice.

  • Am I covered by my spouse’s policy after a separation?
  • Is my teen driver covered when they drive my company car?
  • Can I make deliveries for my home business?
  • Does my policy cover me when driving someone else’s vehicle?
  • What are the best liability limits?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Am I covered if I break a side mirror?
  • Do I have coverage if my license is suspended?
  • Is my trailer covered?
  • Are my friends covered when driving my 2001 Volkswagen Cabrio?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking 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.

Insurance coverage breakdown

Learning about specific coverages of your insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find the usual coverages offered by insurance companies.

Comprehensive coverages – This coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as damage from flooding, hitting a bird, hitting a deer and a broken windshield. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage for liability – This can cover damage that occurs to people or other property by causing an accident. This coverage protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined limit which provides one coverage limit without having the split limit caps.

Liability insurance covers things like funeral expenses, court costs, pain and suffering and medical services. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like prosthetic devices, pain medications and chiropractic care. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Collision coverage – This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as hitting a parking meter, crashing into a ditch, driving through your garage door and crashing into a building. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage – This gives you protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Volkswagen Cabrio.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently these coverages are similar to your liability insurance amounts.

More choices the merrier

Cost effective 2001 Volkswagen Cabrio insurance can be purchased from both online companies as well as from independent agents, so you should compare both so you have a total pricing picture. Some companies don’t offer online quoting and most of the time these small insurance companies sell through independent agents.

Throughout this article, we presented a lot of techniques to lower your insurance rates. It’s most important to understand that the more times you quote, the higher the chance of saving money. Consumers could even find that the biggest savings come from some of the lesser-known companies. They can often insure niche markets at a lower cost than the large multi-state companies such as Geico and State Farm.

Other articles