Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Trust us when we tell you many consumers feel financially strained by their auto insurance policy. Big companies like Geico and Progressive all claim big savings, bombarding you with advertising and it can be hard to avoid their marketing magic and find the best price available.
If you have a policy now or are shopping for new coverage, you can learn to shop for the lowest rates while maximizing coverage. Buying car insurance is easy if you know what you’re doing. Drivers just need to understand the tricks to compare rates on the web.
Getting a lower price on 2010 Volkswagen New Beetle insurance isn’t really that difficult. You just have to take a few minutes comparing price quotes online from several insurance companies. This can be done using a couple different methods.
The recommended way to find low rates is to use a rate comparison form click to view form in new window. This method prevents you from having to do a different quote for every insurance company. Completing one form will get you rate comparisons from all major companies.
A more difficult way to compare prices is to manually visit each individual company website and complete a new quote form. For example, let’s assume you want rates from USAA, State Farm and Progressive. To find out each rate you need to go to every website and enter your policy data, which is why the first method is quicker.
For a list of links to insurance companies in your area, click here.
Whichever method you choose, be sure to compare apples-to-apples information for each price quote. If the quotes have different values for each quote it’s impossible to find the best deal for your Volkswagen New Beetle.
Companies don’t always publicize every available discount in a way that’s easy to find, so we took the time to find some of the more common and the more hidden ways to save on car insurance. If you aren’t receiving every discount possible, you’re paying more than you need to.
It’s important to note that many deductions do not apply to the entire policy premium. Some only reduce individual premiums such as comp or med pay. So even though they make it sound like all those discounts means the company will pay you, it just doesn’t work that way.
Insurance companies who might offer some of the above discounts include:
It’s a good idea to ask each insurance company which discounts you may be entitled to. Some discounts might not be offered in every state.
Consumers need to have an understanding of the rating factors that come into play when calculating insurance coverage rates. When you know what positively or negatively influences your rates empowers consumers to make smart changes that could result in big savings.
The list below includes a few of the “ingredients” used by your company to calculate premiums.
When it comes to buying coverage, there isn’t really a one size fits all plan. Everyone’s situation is a little different so your insurance should reflect that For instance, these questions may help you determine whether or not you might need an agent’s assistance.
If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about 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, doesn’t cost anything and you can get the answers you need.
Learning about specific coverages of a insurance policy helps when choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. These are the usual coverages available from insurance companies.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive insurance covers things such as hitting a bird, damage from flooding, damage from a tornado or hurricane and falling objects. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Liability coverages – This will cover injuries or damage you cause to other’s property or people in an accident. It protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.
Liability insurance covers claims such as medical expenses, repair bills for other people’s vehicles, medical services and court costs. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford.
Collision – Collision insurance covers damage to your New Beetle caused by collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers things such as crashing into a ditch, crashing into a building, colliding with another moving vehicle and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper collision coverage.
Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Volkswagen New Beetle.
Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like dental work, X-ray expenses, surgery and funeral costs. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible
As you prepare to switch companies, it’s a bad idea to skimp on critical coverages to save a buck or two. Too many times, drivers have reduced comprehensive coverage or liability limits and discovered at claim time that they should have had better coverage. The aim is to buy the best coverage you can find at a price you can afford, not the least amount of coverage.
We covered some good ideas how you can get a better price on 2010 Volkswagen New Beetle insurance. The key concept to understand is the more rate quotes you have, the better likelihood of reducing your rate. Drivers may discover the lowest rates come from some of the lesser-known companies. Regional companies often have lower prices on specific markets compared to the large companies like Geico and State Farm.
The cheapest insurance is definitely available on the web as well as from independent agents, so you should compare both to have the best selection. Some insurance companies don’t offer online quoting and many times these small, regional companies only sell through independent insurance agents.
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