2003 Volkswagen Golf Insurance Rates – 8 Ways to Save

Are you burned out from robbing Peter to pay Paul to pay car insurance each month? You’re in the same situation as most other vehicle owners. Numerous insurance companies battle for your hard-earned dollar, so it’s not easy to compare every insurer and get the definite best rates possible.

You should make it a habit to check car insurance prices before your policy renews because prices tend to go up over time. If you had the best rates for Golf coverage six months ago you can probably find a better premium rate now. You can find a lot of wrong information about car insurance on the web, but we’re going to give you some of the best techniques to stop overpaying for insurance.

Low cost car insurance

Cutting your car insurance rates can be quick and easy. The only requirement is to spend a few minutes on the computer comparing price quotes to see which company has low cost insurance quotes. You can get a good selection of rate quotes in several different ways.

  1. The simplest way to get quotes for comparison would be an industry-wide quote request form like this one (opens in new window). This type of form eliminates the need for separate quote forms for each price estimate. Just one form gets you price quotes from multiple companies.
  2. Another way to compare prices is to take the time to go to each individual company website and fill out a new quote form. For instance, let’s say you want to see prices from Allstate, Liberty Mutual and American Family. You would need to spend time on each company’s site and enter your policy data, which can get rather old.

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

  3. The last way to compare rates is to spend time driving to insurance agencies in your area. Quoting and buying insurance online makes this process obsolete unless you’re the type of person who wants the advice and guidance of a local agent. However, consumers can compare online quotes and have a local agent actually service the policy.

It doesn’t matter which method you choose, just be sure you’re using exactly the same quote information for each price quote. If the quotes have different values for each quote you will not be able to get a fair rate comparison.

Auto insurance policy discounts

Some providers don’t always list all disounts in a way that’s easy to find, so the list below contains a few of the more well known and also the more inconspicuous credits available to bring down your rates.

  • ABS Brakes – Cars with ABS braking systems or traction control can avoid accidents so you can save 10 percent or more.
  • Multiple Cars – Having multiple cars or trucks on one policy can reduce the rates for all insured vehicles.
  • Active Military Service – Being deployed with a military unit may qualify for rate reductions.
  • Discounts for Cautious Drivers – Safe drivers could pay up to 40% less for Golf coverage than drivers with accidents.
  • Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you could save 5% or more.
  • Own a Home and Save – Owning your own home or condo may earn you a small savings due to the fact that maintaining a home is proof of financial responsibility.
  • Telematics Devices – Policyholders that allow their company to spy on driving manner by using a telematics device in their vehicle such as Snapshot from Progressive or Drivewise from Allstate may see discounts as long as the data is positive.
  • Driver Training Discounts – Participating in a course that instructs on driving safety could earn you a small percentage discount if your company offers it.

One thing to note about discounts is that some of the credits will not apply to the overall cost of the policy. Some only reduce individual premiums such as physical damage coverage or medical payments. Even though it may seem like you can get free auto insurance, company stockholders wouldn’t be very happy.

To choose insurers who offer online auto insurance quotes, follow this link.

How do I know if I need professional advice?

When it comes to buying adequate coverage, there is no “best” method to buy coverage. Every situation is different and your policy should reflect that. For instance, these questions may help highlight whether your personal situation may require specific advice.

  • Is my camper covered by my car insurance policy?
  • Do I have coverage when using my vehicle for my home business?
  • How much liability coverage do I need in my state?
  • Is motorclub coverage worth it?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • When should I drop full coverage on my 2003 Volkswagen Golf?
  • How much underlying liability do I need for an umbrella policy?
  • Where can I find high-risk insurance?
  • If my 2003 Volkswagen Golf is totaled, can I afford another vehicle?
  • I have a DUI can I still get coverage?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.

Educate yourself about car insurance coverages

Understanding the coverages of your car insurance policy can be of help when determining the right coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Listed below are the usual coverages found on most car insurance policies.

Medical costs insurance – Med pay and PIP coverage reimburse you for short-term medical expenses such as pain medications, funeral costs, surgery and nursing services. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants and will also cover any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

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

Collision can pay for things like sideswiping another vehicle, colliding with another moving vehicle, scraping a guard rail, hitting a mailbox and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision – This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like damage from a tornado or hurricane, fire damage, falling objects and hail damage. The most your car insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability insurance – This protects you from injuries or damage you cause to a person or their property by causing an accident. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against claims like attorney fees, funeral expenses, bail bonds, emergency aid and structural damage. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as large an amount as possible.

UM/UIM Coverage – This coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and also any damage incurred to your Volkswagen Golf.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

In any little way, save everyday

When buying insurance coverage, it’s not a good idea to buy lower coverage limits just to save a few bucks. In too many instances, an insured cut collision coverage only to regret that a couple dollars of savings turned into a financial nightmare. The aim is to purchase a proper amount of coverage for the lowest price, but don’t skip important coverages to save money.

Throughout this article, we presented many ideas to lower your 2003 Volkswagen Golf insurance rates. It’s most important to understand that the more companies you get auto insurance rates for, the higher your chance of finding cheap insurance. Consumers could even find that the biggest savings come from the least-expected company. Smaller companies may have significantly lower auto insurance rates on certain market segments compared to the large companies like Progressive or Geico.

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