Are you sick and tired of robbing Peter to pay Paul to insure your Volkswagen every month? Your situation is no different than most other car owners. Numerous insurers battle for your insurance dollar, and because of this it can be hard to compare insurers to get the lowest price
It’s a good habit to shop coverage around quite often since rates are rarely the same from one policy term to another. Despite the fact that you may have had the best price for Golf insurance a couple years back you may be paying too much now. So just ignore everything you know about car insurance because you’re going to get a crash course in the easiest way to save money, get proper coverage and the best rates.
An important part of buying insurance is that you know the rating factors that help determine insurance coverage rates. Knowing what determines base rates allows you to make educated decisions that will entitle you to big savings.
Car insurance can cost a lot, but there could be available discounts that many people don’t even know exist. A few discounts will automatically apply at the time of quoting, but a few need to be specially asked for prior to receiving the credit. If you’re not getting every credit available, you’re paying more than you need to.
It’s important to understand that some of the credits will not apply to your bottom line cost. Most only reduce individual premiums such as liability and collision coverage. So despite the fact that it appears you could get a free auto insurance policy, companies don’t profit that way. Any amount of discount will cut the amount you have to pay.
Car insurance companies that may have these benefits include:
It’s a good idea to ask each company how you can save money. Discounts might not be offered in your state.
Consumers constantly see and hear ads for car insurance savings by companies like 21st Century, Allstate and State Farm. They all seem to make an identical promise that you can save after switching to them.
How can each company make the same claim? This is how they do it.
Insurance companies have a certain “appetite” for the right customer they prefer to insure. An example of a driver they prefer might be profiled as over the age of 50, has no driving citations, and drives newer vehicles. Any new insured who fits that profile gets the lowest rates and is almost guaranteed to save when they switch companies.
Consumers who fall outside these standards will be quoted a higher premium which leads to business not being written. Company advertisements say “drivers who switch” but not “drivers who get quotes” save money. That is how insurance companies can confidently state the savings.
This emphasizes why it’s extremely important to get as many quotes as possible. It’s just too difficult to predict which company will provide you with the cheapest Volkswagen Golf insurance rates.
When it comes to choosing the best insurance coverage coverage, there really is no perfect coverage plan. Every situation is different so this has to be addressed. Here are some questions about coverages that can aid in determining whether your personal situation will benefit from professional help.
If you don’t know the answers to these questions, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It’s fast, free and can help protect your family.
Learning about specific coverages of car insurance helps when choosing the best coverages for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. These are the usual coverages available from car insurance companies.
Liability coverages – Liability insurance will cover injuries or damage you cause to a person or their property. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability can pay for claims such as medical expenses, loss of income and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but buy higher limits if possible.
Comprehensive protection – Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive insurance covers claims such as hail damage, a broken windshield and hitting a deer. The maximum amount a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.
Collision coverages – This pays for damage to your Golf resulting from a collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers things like scraping a guard rail, rolling your car, sideswiping another vehicle and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.
Uninsured or underinsured coverage – This provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Volkswagen Golf.
Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Frequently these limits are similar to your liability insurance amounts.
Medical expense coverage – Coverage for medical payments and/or PIP kick in for expenses such as rehabilitation expenses, hospital visits and dental work. They are used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers you and your occupants and will also cover getting struck while a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
We covered quite a bit of information on how to save on 2013 Volkswagen Golf insurance. The key thing to remember is the more companies you get rates for, the better likelihood of reducing your rate. You may be surprised to find that the best price on insurance coverage is with the least-expected company. Smaller companies may have significantly lower rates on certain market segments than their larger competitors like Progressive and Geico.
Lower-priced insurance can be purchased on the web and with local insurance agents, and you need to comparison shop both to have the best selection. There are still a few companies who do not offer you the ability to get quotes online and these small insurance companies work with independent agents.
More information can be read on the following sites: