Compare 2002 Volkswagen Golf Insurance Rates

Want better auto insurance rates for your Volkswagen Golf? Paying for high-priced Volkswagen Golf insurance can drain your savings account, especially in this economy. Comparing price quotes is a smart way to tighten up your finances. You have so many auto insurance companies to insure vehicles with, and though it is a good thing to have a choice, it can be more challenging to compare rates and cut insurance costs.

Choosing the best insurance company for you is easy if you know what you’re doing. If you are insured now or need a new policy, you can use this information to reduce the price you pay and possibly find even better coverage. Drivers just need to learn the best way to compare company rates on the web.

More discounts equal less premium

Companies offering auto insurance don’t always list every available discount in a way that’s easy to find, so we break down both the well known as well as the least known ways to save on auto insurance. If you aren’t receiving every discount possible, you’re paying more than you need to.

  • Military Discounts – Being on active duty in the military may qualify for rate reductions.
  • Low Mileage – Fewer annual miles on your Volkswagen could be rewarded with better rates on cars that stay parked.
  • Passive Restraints – Factory air bags or automatic seat belts can get savings of 20% or more.
  • Homeowners Discount – Owning a home can save you money because of the fact that having a home requires personal responsibility.
  • Early Signing – Select companies give a discount for switching policies before your current policy expires. This can save 10% or more.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • Auto/Life Discount – Select insurance companies reward you with better rates if you take out life insurance from them.
  • Club Memberships – Affiliation with a qualifying organization could trigger savings on your policy on Golf insurance.
  • Federal Employees – Employees or retirees of the government can earn a discount up to 10% on Golf insurance with select insurance companies.

Keep in mind that some of the credits will not apply to your bottom line cost. A few 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, you won’t be that lucky.

A partial list of companies that may have some of the above discounts are:

Double check with each company how you can save money. Savings might not apply in your state.

Free Auto Insurance Quotes

Effectively comparing auto insurance prices can be challenging if you don’t understand the most efficient way to do it. You can spend your afternoon talking to insurance agencies in your area, or you could use online quoting to get pricing more quickly.

The majority of car insurance companies take part in a program that enables customers to only type in their quote data once, and every company then returns a price quote for coverage. This system prevents you from having to do form submissions for every auto insurance company.

To compare 2002 Volkswagen Golf rates using this form now click here to open in new window.

The only downside to using this type of form is you cannot specify the insurers to receive prices from. If you prefer to choose specific insurance companies to compare, we have a listing of low cost auto insurance companies in your area. Click here for list of insurance companies.

Whichever way you use, ensure you are comparing identical coverage limits and deductibles for every quote you compare. If you use differing limits it’s impossible to make an equal comparison.

These factors can influence Volkswagen Golf insurance rates

Smart consumers have a good feel for the rating factors that go into determining the rates you pay for auto insurance. Understanding what controls the rates you pay helps enable you to make changes that may reward you with lower auto insurance prices.

  • Pay less after the wedding – Being married can actually save you money on your policy. It means you’re more mature than a single person it has been statistically shown that drivers who are married are more cautious.
  • Don’t get talked into coverage you don’t need – There are many add-on coverages that you can buy on your Golf policy. Insurance for rental car reimbursement, towing coverage and additional equipment coverage are examples of these. They may seem like a good idea at first, but now you might not need them so eliminate the coverages to reduce your premium.
  • Men fork out a little more – The statistics show that women are safer drivers than men. However, this does not mean men are WORSE drivers than women. Both sexes are in accidents at a similar rate, but the males have costlier accidents. They also get cited for more serious violations like DUI and reckless driving. Teenage male drivers are most likely to cause an accident and are penalized with high auto insurance rates.
  • Credit scores impact auto insurance rates – A driver’s credit history is a large factor in determining what you pay for auto insurance. Therefore, if your credit is not that good, you could potentially save money when insuring your 2002 Volkswagen Golf by improving your rating. Drivers with excellent credit tend to file fewer claims and have better driving records as compared to drivers with lower credit scores.
  • With age comes lower rates – Teenage drivers are known to get distracted easily when behind the wheel so auto insurance rates are higher. Older insureds are more responsible, statistically cause fewer accidents and tend to be better behind the wheel.
  • Small claims can cost you – If you are a frequent claim filer, you can pretty much guarantee either policy cancellation or increased premiums. Auto insurance companies provide lower rates to policyholders who are claim-free. Your insurance policy is intended for the large, substantial claims.
  • Rural vs Urban Areas – Living in small towns and rural areas can save you money when it comes to auto insurance. Lower population means fewer accidents. Urban drivers have to deal with traffic congestion and much longer commute distances. More time on the road translates into higher accident risk.
  • Don’t let your coverage lapse – Letting your insurance expire will be a sure-fire way to trigger a rate increase. Not only will rates go up, failure to provide proof of insurance might get you a revoked license or a big fine.You may then be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.

It’s not one size fits all

When choosing coverage for your personal vehicles, there really is no single plan that fits everyone. Every insured’s situation is different so your insurance should reflect that For example, these questions might help in determining if your situation might need professional guidance.

  • Why am I required to buy liability insurance?
  • How many claims can I have before being cancelled?
  • Does coverage extend to my business vehicle?
  • Can I drive in Mexico and have coverage?
  • Do I have any recourse if my insurance company denies a claim?
  • Do I benefit by insuring my home with the same company?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.

Do drivers who switch really save $436 a year?

Consumers can’t get away from ads for cheaper car insurance by companies like State Farm, Allstate and Geico. All the companies make an identical promise of big savings after switching to them.

How do they all make almost identical claims?

Insurance companies can use profiling for the type of customer that is profitable for them. A good example of a preferred risk might be between the ages of 40 and 55, a clean driving record, and has a high credit rating. A customer who fits that profile will get very good rates and is almost guaranteed to pay quite a bit less when switching companies.

Drivers who do not match the “perfect” profile will have to pay a more expensive rate which leads to the customer not buying. The ads say “customers who switch” but not “drivers who get quotes” save that kind of money. That’s the way companies can make those claims. Because of the profiling, you absolutely need to compare as many rates as you can. You cannot predict the company that will have the lowest Volkswagen Golf insurance rates.

What car insurance coverages do you need?

Knowing the specifics of your car insurance policy can help you determine which coverages you need and the correct deductibles and limits. Car insurance terms can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverages found on the average car insurance policy.

Auto liability insurance

Liability coverage protects you from injuries or damage you cause to people or other property. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims such as court costs, repair bills for other people’s vehicles, medical services and bail bonds. How much coverage you buy is your choice, but consider buying higher limits if possible.

Comprehensive coverage

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as hail damage, a broken windshield, damage from flooding, a tree branch falling on your vehicle and hitting a deer. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like surgery, nursing services and pain medications. They are often utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Volkswagen Golf.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Collision coverage

Collision insurance covers damage to your Golf from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things such as backing into a parked car, damaging your car on a curb, hitting a mailbox and crashing into a building. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible to bring the cost down.

Have the Midas touch

Cheap 2002 Volkswagen Golf insurance is attainable from both online companies in addition to many insurance agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance providers do not provide you the ability to get quotes online and these small insurance companies work with independent agents.

When trying to cut insurance costs, it’s very important that you do not skimp on coverage in order to save money. There have been many cases where an insured dropped liability limits or collision coverage only to find out that their decision to reduce coverage ended up costing them more. The aim is to get the best coverage possible at the best price while not skimping on critical coverages.

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