1995 Volkswagen GTI Insurance Cost

Looking for lower insurance coverage rates for your Volkswagen GTI? If you’re shopping for cheaper insurance online, are you intimidated by the dozens of insurance coverage sources in your area? Lot’s of other drivers are too. You have such a vast assortment of sources available that it can easily turn into a burden to find better rates.

Choosing the best insurance company for you is not that difficult. Essentially every driver who carries insurance coverage will more than likely be able to cut their insurance bill. But vehicle owners do need to learn how big insurance companies determine prices and use this information to your advantage.

How to buy insurance coverage online

The are a couple different ways to compare rate quotes from lots of insurance coverage companies. The simplest method to do a complete rate comparison is to jump online and get quotes. This is quite simple and can be completed using a couple different methods.

If you don’t have a lot of time, the easiest way to find the lowest comparison rates is to use a rate comparison form like this one (opens in new window). This easy form saves time by eliminating separate quote forms to each individual insurance coverage company. One form gets coverage cost estimates from multiple low-cost companies. This is by far the quickest method.

A less efficient way to get comparison quotes consists of visiting each company website and fill out their own quote form. For instance, let’s say you want comparison quotes from State Farm, Geico and Progressive. To get rate quotes you would need to spend time on each company’s site and enter your policy data, which is why most consumers use the first method.

For a list of companies in your area, click here.

The approach you take is up to you, just ensure you’re using the same coverage limits and deductibles for each quote you get. If you have different deductibles it will be very difficult to determine the lowest rate for your Volkswagen GTI. Just slight variations in insurance coverages may result in large price differences. And when comparing insurance coverage rates, know that obtaining a wide range of quotes gives you a better chance of getting lower pricing.

How to know if you need help

When buying adequate coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s needs are different.

For example, these questions can aid in determining whether your personal situation might need an agent’s assistance.

Do I need medical payments coverage since I have good health insurance?
Are split liability limits better than a combined single limit?
Will filing a claim cost me more?
Which companies will insure high-risk drivers?
Who is covered by my policy?
Do I get a pro-rated refund if I cancel my policy early?
Do I need higher collision deductibles?
How much liability do I need to cover my assets?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form.

Coverages available on your car insurance policy

Understanding the coverages of a car insurance policy can help you determine the right coverages for your vehicles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for expenses like EMT expenses, funeral costs, prosthetic devices, nursing services and chiropractic care. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance

This covers damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like falling objects, damage from a tornado or hurricane and hitting a deer. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and damage to your Volkswagen GTI.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Auto liability insurance

Liability coverage will cover damages or injuries you inflict on a person or their property that is your fault. This coverage protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for things like repair costs for stationary objects, pain and suffering and medical services. How much liability should you purchase? That is up to you, but buy as large an amount as possible.

Coverage for collisions

This coverage pays for damage to your GTI caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like sideswiping another vehicle, hitting a mailbox, hitting a parking meter and damaging your car on a curb. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.