2002 Volkswagen GTI Insurance Quotes

Nobody I know enjoys paying for auto insurance, particularly when they are paying too much. There are many auto insurance companies to pick from, and though it is a good thing to be able to choose, it makes it harder to find a good deal.

Impacting insurance rates for a Volkswagen GTI

An important part of buying insurance is that you know the rating factors that come into play when calculating the rates you pay for auto insurance. Knowing what determines base rates enables informed choices that will entitle you to better auto insurance rates.

The list below includes some of the items auto insurance companies consider when setting prices.

  • The more you drive the more you pay – Driving more miles each year the higher your rate. Most insurance companies charge to insure your cars based on how the vehicle is used. Cars left parked in the garage receive lower rates than vehicles that are driven to work every day. Make sure your auto insurance coverage is rated on the proper vehicle usage, because improper ratings can cost you money. If your policy improperly rates your GTI can cost quite a bit.
  • Keep rates low by being claim-free – If you frequently file small claims, you can look forward to higher rates. Auto insurance companies give lower rates to people who are claim-free. Insurance coverage is intended for larger claims.
  • Don’t skimp on liability – Liability insurance provides coverage if ever you are found to be at fault for damages from an accident. Liability provides you with a defense in court which can be incredibly expensive. This coverage is very inexpensive compared to physical damage coverage, so buy as much as you can afford.
  • Pay less if you’re married – Having a spouse actually saves money on your auto insurance policy. It means you’re more mature and statistics show married drivers get in fewer accidents.
  • How your age affects price – Young drivers are known to be less responsible when behind the wheel so auto insurance rates are higher. Older insureds tend to be more responsible, file fewer claims and receive fewer citations.
  • Rural vs Urban Areas – Being located in a small town can save you money when talking about auto insurance. Less people living in that area translates into fewer accidents and a lower car theft rate. Drivers who live in large cities have traffic congestion and much longer commute distances. More time commuting can result in more accidents.
  • Credit scores impact auto insurance rates – Having a bad credit rating is a huge factor in calculating your auto insurance rates. Drivers who have high credit ratings tend to be better drivers and file fewer claims than those with lower ratings. So if your credit can use some improvement, you could save money insuring your 2002 Volkswagen GTI by repairing your credit.
  • Traffic violations increase rates – Just one citation can increase rates forty percent or more. Good drivers get better rates than people who have multiple driving citations. Drivers who have severe citations like DWI, reckless driving or hit and run convictions may need to file a proof of financial responsibility form (SR-22) with their state DMV in order to drive a vehicle legally.

Auto Insurance Comparison Rates

There are multiple methods to compare 2002 Volkswagen GTI auto insurance quotes, and some are more efficient than others. You can waste a lot of time talking about coverages with insurance companies in your area, or you could use the web to accomplish the same thing much quicker.

Most of the larger companies participate in a marketplace where insurance shoppers submit one quote, and every company returns a rated price based on that data. This eliminates the need for quotation requests for each company you want a rate for.

To access this free quoting program, click here to start a free quote.

The single downside to doing it this way is you are unable to specify which providers you want to price. If you wish to select specific insurance companies to receive pricing from, we have assembled a list of low cost auto insurance companies in your area. View list of insurance companies.

Whichever way you use, compare identical coverages with every price quote. If the quotes have different liability limits it’s impossible to determine the best price for your Volkswagen GTI.

More discounts equal less premium

Car insurance can cost a lot, but there are discounts available to help bring down the price. Certain discounts will be triggered automatically at the time you complete a quote, but some must be specially asked for before you get the savings. If they aren’t giving you every credit available, you’re paying more than you need to.

  • Anti-theft System – Anti-theft and alarm systems are stolen less frequently and therefore earn up to a 10% discount.
  • Service Members Pay Less – Being on active duty in the military could be rewarded with lower premiums.
  • Discount for New Cars – Insuring a new car can save up to 30% compared to insuring an older model.
  • Sign Online – Certain companies may give you up to $50 simply for signing online.
  • Good Student – Getting good grades can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
  • Federal Government Employee – Employees or retirees of the government can save as much as 8% for GTI coverage with a few insurance companies.
  • Life Insurance – Larger companies have a break if you buy life insurance.
  • Anti-lock Brakes – Vehicles with anti-lock braking systems can reduce accidents and therefore earn up to a 10% discount.
  • Organization Discounts – Belonging to a qualifying organization could trigger savings when buying insurance for GTI coverage.
  • Drive Safe and Save – Drivers who avoid accidents may receive a discount up to 45% less for GTI coverage than drivers with accident claims.

Drivers should understand that most discounts do not apply to your bottom line cost. Most cut specific coverage prices like comprehensive or collision. Even though it may seem like you can get free auto insurance, you’re out of luck. But all discounts will bring down the cost of coverage.

To see a list of companies with discount insurance rates, click this link.

It’s not one size fits all

When choosing the right insurance coverage, there isn’t really a “best” method to buy coverage. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that may help highlight if your situation could use an agent’s help.

  • What if I don’t agree with a claim settlement offer?
  • Can I get a multi-policy discount?
  • What can I do if my company won’t pay a claim?
  • Should I rate my 2002 Volkswagen GTI as pleasure use or commute?
  • Do I have coverage when using my vehicle for my home business?
  • Can I rate high risk drivers on liability-only vehicles?
  • How much liability insurance is required?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Does insurance cover tools stolen from my truck?

If you’re not sure about those questions, you might consider talking 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 can help protect your family.

Specific coverages for a Volkswagen GTI

Knowing the specifics of a auto insurance policy can help you determine 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. Shown next are typical coverages available from auto insurance companies.

Protection from uninsured/underinsured drivers – This protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Volkswagen GTI.

Since a lot of 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 is a good idea. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as pain medications, dental work, ambulance fees and rehabilitation expenses. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers you and your occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states and may carry a deductible

Comprehensive (Other than Collision) – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as hitting a bird, damage from getting keyed and vandalism. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Auto liability insurance – Liability coverage can cover injuries or damage you cause to other people or property. This coverage protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy 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 limit of $100,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as repair costs for stationary objects, emergency aid, repair bills for other people’s vehicles and medical services. How much liability should you purchase? That is a personal decision, but consider buying as large an amount as possible.

Collision coverage – This coverage covers damage to your GTI from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things like crashing into a building, sideswiping another vehicle and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.

One last thing

We just presented many ways to save on 2002 Volkswagen GTI insurance. The key concept to understand is the more companies you get rates for, the better your comparison will be. You may be surprised to find that the most savings is with a small mutual company. Regional companies may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm and Allstate.

Low-cost insurance can be purchased on the web and with local insurance agents, and you should be comparing both to get a complete price analysis. Some insurance providers do not offer online price quotes and these small, regional companies work with independent agents.

Much more information about insurance is located below: