2002 Volkswagen New Beetle Insurance Rates

Trying to find low-cost insurance for a new or used Volkswagen New Beetle could be difficult, but you can learn the following methods to make it easier.

There are more efficient ways to shop for insurance coverage and you need to know the absolute fastest way to compare rates on a Volkswagen and locate the cheapest rates from both online companies and local agents.

If you are insured now or are just looking to switch companies, you can use this information to reduce the price you pay while maintaining coverages. Finding more affordable insurance coverage is not that difficult. Consumers only need to know the proper methods to get comparison rates online.

Quote insurance coverage online

Most larger insurance companies like Progressive, Geico, Allstate and State Farm allow you to get price estimates direct online. Getting prices online can be done by anyone as you just enter your coverage preferences on the page. Once entered, the quote system will order your credit score and driving record and returns a price quote.

This helps simplify price comparisons, but having to visit several different sites and complete many quote forms gets old quite quickly. But it’s also necessary to perform this step if you are searching for better insurance coverage pricing.

Rate comparisons made easy

A quicker way to find lower prices utilizes a single form that analyzes rates from several different companies. The form is fast, eliminates repetitive work, and makes online quotes a little more enjoyable. Immediately after you send the form, it gets priced and you can choose your choice of the quotes that you receive.

If a lower price is quoted, you simply finish the application and buy the policy. This process takes 15 minutes at the most and you’ll know if lower rates are available.

To quickly find out how much you can save on insurance coverage, click here to open in new window and input your coverage information. If you have a policy now, it’s recommended you duplicate the limits and deductibles just like they are on your policy. This helps ensure you are getting a price comparison for similar coverage.

Discounts to earn cheap car insurance rates

Not many people think insurance is cheap, but there could be available discounts that you may not even know about. A few discounts will be applied when you get a quote, but once in a while a discount must be specially asked for in order for you to get them. If you check and find you aren’t receiving every discount possible, you are paying more than you should be.

  • Active Military Service – Having a family member in the military could trigger a small discount.
  • Early Signing – Select car insurance companies give a discount for renewing your policy before your current expiration date. It could save around 10% when you buy insurance coverage online.
  • One Accident Forgiven – Not a discount per se, but companies like Allstate and State Farm permit an accident without getting socked with a rate hike if your claims history is clear for a set time period.
  • No Accidents – Good drivers with no accidents can save substantially as compared to drivers who are more careless.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less for New Beetle insurance compared to accident prone drivers.
  • New Vehicle Savings – Buying a new car model can save up to 30% because newer vehicles are generally safer.

A little note about advertised discounts, some credits don’t apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though the math looks like having all the discounts means you get insurance for free, nobody gets a free ride.

Some of the larger companies who may offer these discounts possibly include:

When comparing rates, check with each company or agent how you can save money. All car insurance discounts may not be offered in your area. If you would like to see a list of car insurance companies with the best discounts, click this link.

Decisions you make can impact your insurance prices

Lots of things are considered when you get a price on insurance. Some are pretty understandable like your driving record, but other criteria are less apparent such as your credit history or your vehicle rating.

  • Lower rates with theft deterrents – Selecting a car model that has a built-in theft deterrent system can help lower your rates. Systems that thwart theives such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent car theft and help bring rates down.
  • Liability coverage safeguards assets – Your car insurance policy’s liability coverage is the protection in the event that you are found to be at fault for damages from an accident. This coverage provides legal defense coverage to defend your case. It is affordable coverage when compared to the cost of physical damage coverage, so insureds should have plenty of protection for their assets.
  • Less chance of injury means lower prices – Cars with five star safety ratings cost less to insure. Safe vehicles help reduce the chance of injuries in an accident and reduced instances of injuries translates into fewer and smaller insurance claims passed on to you as lower rates. If your Volkswagen New Beetle scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
  • Only buy what you need – There are many additional extra coverages that sound like a good idea at the time on your car insurance policy. Insurance for things like replacement cost coverage, towing, and motor club memberships are some examples. These may sound like a good investment at first, but if you’ve never needed them in the past think about removing them and cutting costs.
  • Pay more by driving carelessly – How you drive influences premium rates substantially. Drivers with clean records receive lower rates than bad drivers. Having just one speeding ticket or other violation can increase rates by as much as thirty percent. Drivers with dangerous violations such as reckless driving or DUI may need to maintain a SR-22 to the state department of motor vehicles in order to legally drive a vehicle.
  • Low mileage costs less – The higher the miles on your Volkswagen every year the more you will pay for car insurance. A lot of insurance companies calculate rates based upon how you use the vehicle. Autos that do not get driven very much can be on a lower rate level than cars that get driven a lot. Ask your agent if your car insurance policy states the correct usage, because it can save money. Improper usage on your New Beetle is throwing money out the window.
  • Insurance companies don’t like frequent insurance claims – If you file claims often, you can look forward to much higher rates or policy non-renewal. Car insurance companies provide the best rates to people who are claim-free. Insurance coverage is designed for major claims that would cause financial hardship.

Tailor your auto insurance coverage to you

When it comes to choosing adequate coverage for your personal vehicles, there is no perfect coverage plan. Every situation is different.

For example, these questions may help highlight whether you might need an agent’s assistance.

  • Is pleasure use cheaper than using my 2002 Volkswagen New Beetle to commute?
  • Is other people’s property covered if stolen from my vehicle?
  • When should I buy a commercial auto policy?
  • Is there coverage for injuries to my pets?
  • What is high-risk coverage and where do I buy it?
  • What is the minimum liability in my state?
  • Will my insurance pay for OEM parts?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It only takes a few minutes and you can get the answers you need.

Advertising myths

Consumers get pounded daily by advertisements for the lowest price insurance coverage by companies like Progressive, Geico, Allstate and State Farm. They all seem to make the same claim that you can save if you just switch your policy.

How is it possible that every company can say the same thing? This is how they do it.

All the different companies are able to cherry pick for the type of insured that will add to their bottom line. For instance, a profitable risk profile might be between the ages of 30 and 45, carries high limits, and drives less than 10,000 miles a year. Any new insured that meets those criteria may get the lowest rates and is almost guaranteed to save a lot if they switch.

People who don’t qualify for the requirements must pay higher rates which translates to the driver buying from a lower-cost company. The trick is to say “customers that switch” not “everyone who quotes” save money. That is how companies can truthfully claim big savings.

This really drives home the point why you should get insurance coverage quotes from several different companies. You cannot predict with any certainty which company will have the best car insurance rates at this point in time.

Insurance policy specifics

Learning about specific coverages of your policy helps when choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and coverage can change by endorsement.

Collision insurance

This will pay to fix damage to your New Beetle caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as hitting a parking meter, driving through your garage door and crashing into a building. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to bump up the deductible in order to get cheaper collision rates.

UM/UIM Coverage

This provides protection from other motorists when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and damage to your 2002 Volkswagen New Beetle.

Because many people 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 is a good idea. Usually these coverages are similar to your liability insurance amounts.

Comprehensive or Other Than Collision

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as damage from getting keyed, falling objects and theft. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Auto liability

Liability insurance will cover injuries or damage you cause to people or other property that is your fault. It protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Occasionally you may see one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability insurance covers things like bail bonds, structural damage, pain and suffering and repair bills for other people’s vehicles. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for expenses such as rehabilitation expenses, surgery, X-ray expenses and ambulance fees. They can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Stretch your dollar

We just presented a lot of information how to shop for 2002 Volkswagen New Beetle insurance online. The key concept to understand is the more rate quotes you have, the higher your chance of finding cheaper insurance coverage. Drivers may discover the lowest priced car insurance comes from a lesser-known regional company.

When trying to cut insurance costs, make sure you don’t reduce needed coverages to save money. There have been many situations where someone dropped uninsured motorist or liability limits only to find out that the small savings ended up costing them much more. Your strategy should be to buy the best coverage you can find at the best cost but still have enough coverage for asset protection.

Consumers change insurance companies for a number of reasons such as unfair underwriting practices, not issuing a premium refund, high rates after DUI convictions or even delays in responding to claim requests. Regardless of your reason for switching companies, finding a new car insurance company is easier than you think.

Even more information can be found by following these links: