How Much Does 2004 Volkswagen GTI Car Insurance Cost?

Buyers have a choice when searching for the lowest priced Volkswagen GTI insurance. They can either waste time driving around to compare prices or use the internet to find the lowest rates. There is a better way to shop for insurance so we’re going to tell you the absolute fastest way to quote coverages for your Volkswagen and find the best price possible from local insurance agents and online providers.

You need to price shop coverage before your policy renews because rates trend upward over time. If you had the best price on GTI coverage a couple years back there may be better deals available now. So forget all the misinformation about insurance because you’re going to get a crash course in the proper way to save money, get proper coverage and the best rates.

If you have a current car insurance policy or need new coverage, you can use this information to cut your premiums while maintaining coverages. This information will let you in on the most effective way to quote insurance and some money-saving tips. Drivers only need an understanding of the most effective way to compare rates over the internet.

The most recommended method to get policy rate comparisons takes advantage of the fact all the major auto insurance companies will pay a fee to give rate comparisons. The only thing you need to do is provide a small amount of information like the year, make and model of vehicles, your occupation, whether you drive to work or school, and driver ages. That rating data is instantly submitted to multiple different insurance companies and you get price estimates immediately.

To start a quote now, click here then complete the form.

Is there deception in advertising?

Consumers can’t get away from ads for the lowest price auto insurance from companies such as Allstate, Geico and Progressive. They all seem to make the same claim that you’ll save big if you move your policy.

But how can every company make the same claim? It’s all in the numbers.

All companies can use profiling for the type of customer they prefer to insure. A good example of a driver they prefer could possibly be a mature driver, a clean driving record, and has a short commute. A customer who meets those qualifications gets the lowest rates and therefore will save quite a bit of money when switching.

Consumers who don’t meet the “perfect” profile will be quoted a higher premium which usually ends up with the customer not buying. The ads state “people who switch” not “people who quote” save money. That is how companies can truthfully make the claims of big savings. This emphasizes why it is so important to compare many company’s rates. It’s just too difficult to predict which company will fit your personal profile best.

Why you might be paying too much to insure your Volkswagen GTI

It’s important that you understand some of the elements that play a part in calculating the rates you pay for insurance. Understanding what impacts premium levels allows you to make educated decisions that will entitle you to lower insurance prices.

Shown below are a few of the “ingredients” companies use to determine prices.

  • More claims means more premium – If you frequently file small claims, you can look forward to either higher rates or even cancellation. Insurance companies generally give lower rates to policyholders who do not file claims often. Car insurance is meant to be used in the event of larger claims.
  • Always keep insurance in force – Letting your insurance expire will be a fast way to pay more for insurance. And not only will your rates increase, failure to provide proof of insurance may earn you a hefty fine and possibly a revoked license.
  • Save money with special equipment – Purchasing a vehicle with a theft deterrent system can save you a little every year. Theft prevention features like GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping auto theft.
  • Men pay higher rates – Statistics show that women are safer drivers than men. However, don’t assume that men are worse drivers. Men and women cause accidents in similar percentages, but the males cause more damage and cost insurance companies more money. They also get more serious tickets like reckless driving and DUI.

Discounts can save BIG

Companies don’t always publicize every available discount very clearly, so we took the time to find both the well known and the harder-to-find savings tricks you should be using. If you’re not getting every credit possible, you are paying more than you should be.

  • Sign Early and Save – A few companies offer discounts for switching policies prior to your current policy expiration. It can save you around 10%.
  • New Car Discount – Putting insurance coverage on a new car can be considerably cheaper since new cars are generally safer.
  • Anti-theft System – Anti-theft and alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Lower Rates for Military – Being on active duty in the military can result in better rates.
  • No Charge for an Accident – Certain companies permit an accident before hitting you with a surcharge as long as you don’t have any claims for a certain period of time.
  • Passive Restraint Discount – Factory air bags or automatic seat belts may earn rate discounts of up to 25% or more.

It’s important to understand that most discounts do not apply to the entire policy premium. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though it sounds like having all the discounts means you get insurance for free, you won’t be that lucky.

Insurance companies who might offer these discounts may include but are not limited to:

Check with all companies you are considering how you can save money. Discounts might not be offered in your state.

Will just any policy work for me?

When it comes to choosing the best car insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Everyone’s needs are different.

For example, these questions can aid in determining whether you may require specific advice.

  • Is borrowed equipment or tools covered if stolen or damaged?
  • Am I covered when driving in Canada or Mexico?
  • Do I need replacement cost coverage?
  • Are rock chip repairs covered?
  • Is my nanny covered when driving my vehicle?
  • I have good health insurance, so how much medical payments coverage do I need?

If you can’t answer these questions but you know they apply to you, you might consider talking to an agent. To find lower rates from a local agent, take a second and complete this form. It only takes a few minutes and may give you better protection.

Insurance coverage breakdown

Learning about specific coverages of a insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. Insurance terms can be confusing and coverage can change by endorsement.

Collision coverages – Collision insurance covers damage to your GTI caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as damaging your car on a curb, colliding with a tree, colliding with another moving vehicle, sustaining damage from a pot hole and backing into a parked car. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to bring the cost down.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like chiropractic care, EMT expenses, doctor visits, nursing services and hospital visits. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage – This provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive coverages – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like a broken windshield, theft and hitting a deer. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability coverages – Liability coverage provides protection from damages or injuries you inflict on other people or property that is your fault. This coverage protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 25/50/25 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for things such as repair costs for stationary objects, legal defense fees, medical expenses and pain and suffering. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Smart consumers save more

Discount 2004 Volkswagen GTI insurance can be found online and also from your neighborhood agents, and you should be comparing both to have the best rate selection. Some insurance companies may not provide the ability to get a quote online and these smaller companies work with independent agents.

We’ve covered many tips how you can save on insurance. The key thing to remember is the more rate comparisons you have, the better likelihood of reducing your rate. Consumers could even find that the biggest savings come from a small local company.

Consumers switch companies for many reasons like delays in responding to claim requests, delays in paying claims, questionable increases in premium and even policy cancellation. Whatever your reason, switching insurance coverage companies is pretty easy and you might even save some money in the process.

More detailed insurance coverage information is available in the articles below: