Cheap 2002 Volkswagen Cabrio Insurance Rates

Looking for lower car insurance rates for your Volkswagen Cabrio? Are you kicking yourself for buying an underperforming, overpriced car insurance policy? It’s quite common and many consumers feel financially strained by their car insurance policy. Lots of auto insurance companies contend for your insurance dollar, so it’s not easy to compare every insurance company to find the absolute lowest price

It’s a good habit to price shop coverage at least once a year because prices are rarely the same from one policy term to another. Even if you think you had the best price on Cabrio coverage last year you can probably find a lower rate today. You can search a lot of car insurance out there, but you can learn some great ideas on how to lower your car insurance rates.

Take advantage of every insurance discount

Companies offering auto insurance don’t always publicize every possible discount in an easy-to-find place, so the below list has some of the more common and also the more inconspicuous discounts that may be available. If you do not double check each discount you deserve, you’re just leaving money on the table.

  • Discount for Passive Restraints – Cars that have air bags or motorized seat belts can receive discounts up to 30%.
  • Multi-car Discount – Insuring primary and secondary vehicles with one company can reduce the rates for all insured vehicles.
  • Anti-lock Brake Discount – Cars with ABS braking systems or traction control can avoid accidents and the ABS can save up to 10%.
  • Defensive Driver Discount – Taking a class that teaches driver safety techniques may get you a small discount and also improve your driving technique.
  • Multiple Policy Discount – If you combine your auto and homeowners policies with one insurance company you will save up to 20% off your total premium.

As is typical with insurance, many deductions do not apply to the entire cost. Most only reduce the price of certain insurance coverages like collision or personal injury protection. Despite the fact that it seems like you can get free auto insurance, it just doesn’t work that way.

A list of companies and a partial list of their discounts are included below.

  • Farm Bureau has savings for 55 and retired, safe driver, driver training, renewal discount, youthful driver, and multi-vehicle.
  • MetLife may have discounts that include claim-free, good student, accident-free, good driver, defensive driver, multi-policy
  • Progressive policyholders can earn discounts including good student, homeowner, multi-policy, multi-vehicle, and continuous coverage.
  • AAA has discounts for good driver, anti-theft, multi-policy, AAA membership discount, multi-car, and education and occupation.
  • American Family offers discounts including good student, multi-vehicle, accident-free, good driver, and TimeAway discount.
  • Geico offers premium reductions for multi-policy, defensive driver, federal employee, membership and employees, and air bags.
  • State Farm discounts include multiple autos, Drive Safe & Save, good student, accident-free, good driver, and defensive driving training.

Double check with each insurance company which discounts you may be entitled to. Some of the discounts discussed earlier may not apply to policyholders in your area. To see a list of insurance companies who offer free insurance quotes, click here.

Affordable insurance coverage quotes online

Finding a better price on insurance coverage is not a difficult process. All you need to do is take a few minutes to get quotes to find the company with low cost auto insurance quotes. It’s super easy and can be done using one of these methods.

The most efficient method to find low rates would be an industry-wide quote request form click to view form in new window. This easy form eliminates the need for separate quote forms for each company you want a rate for. A single, simple form gets prices estimates from multiple low-cost companies.

A slightly less efficient method to obtain and compare quotes online consists of visiting the website for every company you want to comare and repeat the quote process. For sake of this example, let’s assume you want to get rates from Liberty Mutual, Progressive and Travelers. In order to get each rate, you would have to go to every website and enter your policy data, which can be really labor intensive.

To view a list of companies in your area, click here.

The method you choose is up to you, but try to use exactly the same coverage data with each company. If you have different liability limits it will be very difficult to determine which company has the best rates.

Components of your Volkswagen Cabrio insurance rates

The best way to find cheaper car insurance is to take a look at a few of the rating criteria that aid in calculating the rates you pay for car insurance. When you understand what controls the rates you pay, this helps enable you to make changes that could help you find cheaper rates. Many different elements are part of the calculation when you get a price on insurance. Most are fairly basic like your driving record, although some other factors are not as apparent like your continuous coverage or how financially stable you are.

  • Gender and car insurance costs – Statistics demonstrate females are less aggressive when driving. However, don’t assume that women are better drivers. Both genders cause accidents in similar numbers, but males get into accidents with more damage. Not only are claims higher, but men get cited for more serious violations such as DWI and reckless driving. Male drivers age 16 to 19 are several times more likely to be in an accident and therefore pay the highest rates.
  • Maintain car insurance coverage – Driving with no insurance is not a good idea and you may have a hard time finding new coverage because you let your coverage have a gap. And not only will your rates increase, being ticketed for driving with no insurance could earn you a license revocation or jail time. You may then have to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
  • High credit equals lower rates – Credit history will be a significant factor in calculating your car insurance rates. Consumers who have excellent credit scores tend to file fewer claims than drivers with lower credit ratings. So if your credit score is lower than you’d like, you may save money insuring your 2002 Volkswagen Cabrio by taking the time to improve your credit score.
  • Liability coverage – Your car insurance policy’s liability coverage is the coverage that protects you in the event that a jury decides you are liable for causing personal injury or damage in an accident. It provides for a legal defense which can be incredibly expensive. Liability insurance is pretty cheap compared to physical damage coverage, so do not cut corners here.

How to know if you need help

When buying coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different so this has to be addressed. These are some specific questions may help you determine whether or not you might need professional guidance.

  • Is extra glass coverage worth it?
  • What is no-fault insurance?
  • Is my camper covered by my car insurance policy?
  • Do I need higher collision deductibles?
  • Will filing a claim cost me more?
  • Am I getting all the discounts available?
  • Am I covered if I hit a deer?
  • Is other people’s property covered if stolen from my vehicle?
  • Are my friends covered when driving my 2002 Volkswagen Cabrio?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, free and may give you better protection.

Big names are not always cheapest

Consumers constantly see and hear ads that claim the best car insurance rates by Geico, State Farm and Progressive. They all seem to state the claim that drivers will save a bundle if you get a free auto insurance quote and switch your coverage to them.

How is it possible that every company can lower your car insurance rates? Here is the trick they use.

All companies can use profiling for the type of driver they prefer to insure. One example of a desirable insured could be over the age of 45, has other policies, and drives a safe vehicle. Anybody that fits those parameters will most likely get cheap car insurance rates and therefore will save some money.

Drivers who don’t meet these stringent criteria will probably be forced to pay higher rates with the end result being the prospect going elsewhere. The ads state “customers who switch” not “everyone that quotes” save the amount stated. That’s the way insurance companies can lure you into getting a quote. This really emphasizes why it’s extremely important to compare many company’s prices. Because you never know the company that will have the best premium rates at this point in time.

Auto insurance coverage breakdown

Understanding the coverages of your auto insurance policy helps when choosing the best coverages and proper limits and deductibles. Auto insurance terms can be confusing and coverage can change by endorsement. Below you’ll find the normal coverages found on most auto insurance policies.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and damage to your 2002 Volkswagen Cabrio.

Since many 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 a good idea.

Auto liability – This can cover damages or injuries you inflict on people or other property. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability coverage protects against things like legal defense fees, funeral expenses and attorney fees. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Collision – This coverage pays for damage to your Cabrio resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as crashing into a building, scraping a guard rail, sideswiping another vehicle, hitting a parking meter and colliding with a tree. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP – Med pay and PIP coverage kick in for expenses for ambulance fees, dental work, rehabilitation expenses and doctor visits. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive coverage – This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from a tornado or hurricane, damage from flooding and rock chips in glass. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Keep this in mind

In this article, we presented some good ideas how you can lower your 2002 Volkswagen Cabrio insurance rates. The most important thing to understand is the more rate quotes you have, the higher the chance of saving money. Consumers may even find the best price on auto insurance is with a lesser-known regional company. These companies can often provide lower car insurance rates in certain areas as compared to the big name companies such as Geico and State Farm.

As you shop your coverage around, do not reduce coverage to reduce premium. In too many instances, someone dropped comprehensive coverage or liability limits to discover at claim time that it was a big error on their part. Your goal is to buy the best coverage you can find at an affordable rate, not the least amount of coverage.

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