2007 Volkswagen GTI Insurance Quotes

Trying to find cheaper auto insurance rates for your Volkswagen GTI? Searching for cheaper insurance for a Volkswagen GTI can normally be a lot of work, but you can follow these tips to save time. There is a right way and a wrong way to compare auto insurance rates so we’re going to tell you the best way to quote coverages for a Volkswagen and get the cheapest rates.

Cut prices on Volkswagen GTI insurance

Companies offering auto insurance do not list all available discounts very clearly, so we researched some of the best known as well as the least known insurance savings. If you’re not getting every credit available, you are throwing money away.

  • Resident Student – Youth drivers living away from home attending college and do not have access to a covered vehicle may qualify for this discount.
  • Paperless Signup – A handful of insurance companies will give a small break just for signing your application on their website.
  • Low Mileage – Driving fewer miles could be rewarded with lower rates on the low mileage vehicles.
  • Accident Waiver – A few companies allow you one accident before hitting you with a surcharge if you are claim-free for a set time period.
  • Federal Employees – Simply working for the federal government may qualify you for a discount for GTI coverage with select insurance companies.
  • Theft Prevention System – Vehicles with anti-theft systems are stolen less frequently and earn discounts up to 10%.
  • Pay Upfront and Save – If you pay your entire premium ahead of time instead of making monthly payments you can actually save on your bill.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can avoid accidents and qualify for as much as a 10% discount.
  • Good Student – A discount for being a good student can save 20 to 25%. Earning this discount can benefit you up until you turn 25.

It’s important to note that most credits do not apply to all coverage premiums. A few only apply to individual premiums such as comp or med pay. So when the math indicates having all the discounts means you get insurance for free, you’re out of luck.

To see a list of insurance companies with the best insurance discounts, follow this link.

The most recommended method to compare insurance rates in your area takes advantage of the fact car insurance companies participate in a system to compare rate quotes. To start a quote, the only thing you need to do is provide information like your occupation, if you’re married, coverage limits, and your education level. Those rating factors is sent automatically to all major companies and you will receive price estimates very quickly.

Factors that might impact rates for a Volkswagen GTI

Smart consumers have a good feel for the rating factors that come into play when calculating insurance coverage rates. Having a good understanding of what controls the rates you pay allows you to make educated decisions that can help you get much lower annual insurance costs.

  • Do you need those extra coverages? – There are quite a few additional coverages that can waste your money when buying insurance coverage. Insurance for vanishing deductibles, accident forgiveness and membership fees are examples of these. These may sound like a good investment when you first buy your policy, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Higher safety ratings means cheaper insurance – Vehicles with high crash test scores can get you lower premiums. The safest vehicles reduce injuries and lower injury rates translates into savings for insurance companies and thus lower rates. If your Volkswagen has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Are you male or female? – Statistics show women are more cautious behind the wheel. However, don’t assume that women are BETTER drivers than men. Both sexes have accidents in similar numbers, but men cause more damage and cost insurance companies more money. Men also get cited for more serious violations like DUI and reckless driving.
  • Rates may be lower depending on your job – Careers like judges, business owners and financial analysts tend to have higher average rates in part from stressful work requirements and long work days. Conversely, occupations such as pilots, engineers and the unemployed receive lower rates for GTI coverage.

Tailor your coverage to you

When buying proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Your needs are not the same as everyone else’s.

For example, these questions may help you determine if your insurance needs would benefit from an agent’s advice.

  • Should I have a commercial auto policy?
  • Where can I get insurance after a DUI in my state?
  • Do I need motorclub coverage?
  • Is pleasure use cheaper than using my 2007 Volkswagen GTI to commute?
  • When can I cancel my policy?
  • Am I getting all the discounts available?
  • How much can I save by bundling my policies?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to an agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and can provide invaluable advice.

Can you really save that much by switching?

Consumers constantly see and hear ads for cheaper car insurance by Progressive, Geico, Allstate and State Farm. All the companies have a common claim about savings after switching to their company.

How do they all make almost identical claims?

All companies have a certain “appetite” for the driver that makes them money. An example of a preferred risk might be profiled as between 30 and 50, is a homeowner, and has a high credit rating. Any driver who matches those parameters will get very good rates and therefore will cut their rates substantially.

Drivers who don’t meet the requirements will be charged a more expensive rate which leads to business not being written. The ad wording is “drivers who switch” but not “drivers who get quotes” save money. That’s the way companies can advertise the savings. That is why drivers should compare as many rates as you can. It is impossible to predict which company will provide you with the cheapest Volkswagen GTI insurance rates.

Insurance coverages explained

Having a good grasp of a 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 coverage can change by endorsement.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Volkswagen GTI.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Collision coverages – This coverage pays for damage to your GTI resulting from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision insurance covers claims such as colliding with another moving vehicle, hitting a parking meter, backing into a parked car 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 8 years or older. You can also increase the deductible in order to get cheaper collision rates.

Coverage for medical expenses – Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like surgery, X-ray expenses and nursing services. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Liability auto insurance – This coverage can cover damage that occurs to other’s property or people by causing an accident. This insurance protects YOU against claims from other people. 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 values of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability can pay for things like bail bonds, legal defense fees, attorney fees and medical expenses. How much coverage you buy is a personal decision, but buy as large an amount as possible.

Comprehensive insurance – This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as vandalism, damage from getting keyed, falling objects, damage from a tornado or hurricane and hail damage. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Do the work, save more money

Insureds change insurance companies for a variety of reasons including not issuing a premium refund, poor customer service, questionable increases in premium or even delays in responding to claim requests. Regardless of your reason, switching insurance coverage companies can be easier than you think.

As you shop your coverage around, don’t be tempted to buy lower coverage limits just to save a few bucks. There are many occasions where consumers will sacrifice uninsured motorist or liability limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. The aim is to buy enough coverage at the best price while still protecting your assets.

Low-cost 2007 Volkswagen GTI insurance can be bought from both online companies and also from your neighborhood agents, so you should compare both to get a complete price analysis. Some insurance providers may not provide online quoting and most of the time these small insurance companies sell through independent agents.

More tips and info about insurance coverage is available in the articles below: