Lower Your 2005 Volkswagen New Beetle Car Insurance Rates

Searching for lower car insurance rates for your Volkswagen New Beetle? Did a good deal turn out to be high-priced car insurance? You’re preaching to the choir because many consumers are in the same pinch. Consumers have so many insurance companies to buy insurance from, and although it’s nice to be able to choose, it can be more challenging to compare rates.

You should make it a habit to price shop coverage occasionally due to the fact that insurance rates change regularly. Just because you had the lowest premium rates on New Beetle coverage six months ago a different company probably has better prices today. Block out anything you think you know about car insurance because it’s time to teach you the easiest way to reduce your cost while increasing coverage.

Low cost insurance quotes

Lowering your 2005 Volkswagen New Beetle insurance rates doesn’t have to be difficult. Just spend a few minutes on the computer to get quotes to see which company has cheap insurance quotes. This is very easy and can be done in just a few minutes using one of these methods.

  1. Without a doubt, the easiest way to compare a lot of rates at once is an all-inclusive rate comparison like this one (opens in new window). This style of form keeps you from doing repetitive form entry to each individual insurance company. One form will return quotes from several companies.
  2. A harder way to find lower rates consists of going to each company’s website to complete a price quote. For instance, we’ll assume you want to see prices from Progressive, Allstate and American Family. To get rate quotes you would need to spend time on each company’s site and punch in your information repeatedly, which can take a lot of time. For a handy list of car insurance company links in your area, click here.

Whichever way you choose to compare rates, make sure you use identical deductibles and coverage limits for each comparison quote. If your comparisons have different values for each quote you will not be able to make an equal comparison.

Discounts can really help lower premiums

Auto insurance can be pricey, but you might find some hidden discounts that can dramatically reduce your bill. Certain discounts will be triggered automatically at quote time, but occassionally some discounts must be specially asked for in order for you to get them. If you don’t get every credit you qualify for, you may be paying too high a price.

  • Auto/Home Discount – If you can combine your homeowners and auto policy with one insurance company you may save 10% to 20% off each policy.
  • Accident Forgiveness – This one isn’t a discount, but companies like State Farm and Allstate will allow you to have one accident without raising rates if you are claim-free prior to the accident.
  • Multiple Cars – Buying coverage for all your vehicles on one policy qualifies for this discount.
  • Club Memberships – Participating in a professional or civic organization is a simple method to lower premiums on your next renewal.
  • Homeowners Discount – Just being a homeowner can get you a discount because maintaining a house means you have a higher level of financial diligence.
  • Government Employee Discount – Active or former government employment could provide a small rate reduction on New Beetle coverage with select insurance companies.
  • Discount for Good Grades – Being a good student can get you a discount of up to 25%. This discount can apply well after school through age 25.
  • Online Discount – Some of the larger companies give back up to $50 for completing your application on your computer.
  • Early Payment Discounts – By making one initial payment instead of making monthly payments you may reduce your total bill.
  • Anti-lock Brakes – Vehicles that have anti-lock braking systems prevent accidents so you can save 10 percent or more.

As a footnote on discounts, most discounts do not apply to your bottom line cost. A few only apply to specific coverage prices like liability and collision coverage. So even though you would think you can get free auto insurance, it doesn’t quite work that way. Any amount of discount will help reduce the premium cost.

A partial list of companies that may offer some of the discounts shown above include:

When getting a coverage quote, ask each insurance company which credits you are entitled to. Some of the discounts discussed earlier may not apply everywhere. For a list of insurers that offer many of these discounts, click here to view.

How insurance companies calculate Volkswagen New Beetle insurance prices

When buying auto insurance it’s important to understand a few of the rating criteria that are used to determine your policy premiums. When you understand what impacts premium levels, this helps enable you to make changes that can help you get much lower annual insurance costs.

  • Deter theft and save money – Selecting a car model with an alarm system can earn a premium discount. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help prevent vehicle theft.
  • You might pay higher prices if you are single – Being married may save some money on your auto insurance bill. It usually means you are more mature and statistics prove drivers who are married are more cautious.
  • Claim-free discounts can add up – If you are a frequent claim filer, don’t be surprised to see increased rates or even have your policy non-renewed. Car insurance companies generally give the best rates to policyholders who do not file claims often. Your car insurance is intended for major claims that would cause financial hardship.
  • More policies can equal more savings – Many companies allow lower prices to people who consolidate policies with them in the form of a multi-policy discount. The discount can be five, ten or even twenty percent. Even if you’re getting this discount it’s always a smart idea to compare rates to confirm you are receiving the best rates possible.
  • Higher premiums for specific employers – Did you know your auto insurance rates can be affected by your occupation? Occupational choices like judgesair traffic controllers and financial analysts tend to have the highest average rates due to intense work-related stress and lots of time spent at work. On the other hand, jobs such as farmers, students and retirees pay lower than average rates on New Beetle coverage.

Will just any policy work for me?

When choosing coverage for your vehicles, there really is not a one size fits all plan. Every situation is different and a cookie cutter policy won’t apply. These are some specific questions can help discover if you may require specific advice.

  • What companies insure drivers after a DUI or DWI?
  • Am I getting all the discounts available?
  • Am I covered when pulling a rental trailer?
  • Is my 2005 Volkswagen New Beetle covered for smoke damage?
  • Do I benefit by insuring my home with the same company?
  • Does coverage extend to a rental car in a foreign country?
  • Do I need added coverage for expensive stereo equipment?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.

Misconceptions in auto insurance advertisements

Drivers can’t escape the ads that promise big savings by State Farm, Geico and Progressive. They all say the same thing that you’ll save big if you move your policy.

How does every auto insurance company charge less that you’re paying now? It’s all in the wording.

Insurance companies have underwriting criteria for a prospective insured that earns them the highest profit. An example of this type of driver might be described as over the age of 50, is a homeowner, and drives a vehicle with a low ISO rating. A propective insured who meets those qualifications will get a cheap rate quote and will probably save when switching.

Potential insureds who don’t measure up to the “perfect” profile will be quoted higher premiums and ends up with the customer not buying. The trick is to say “drivers who switch” not “everyone that quotes” can save as much as they claim. That’s why companies can truthfully make it sound like they have such great rates.

Because of the profiling, drivers must get insurance quotes from several different companies. Because without a comparison, you cannot know which auto insurance company will fit you best based on your risk profile.

Auto insurance coverage information

Having a good grasp of your policy can help you determine the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find the usual coverages found on the average auto insurance policy.

UM/UIM Coverage

This coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Volkswagen New Beetle.

Due to the fact that many drivers 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 important protection for you and your family. Usually these limits do not exceed the liability coverage limits.

Comprehensive or Other Than Collision

This pays for damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as falling objects, vandalism and hitting a bird. The maximum payout a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Liability coverages

This coverage provides protection from damages or injuries you inflict on other people or property in an accident. It protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability coverage pays for claims like attorney fees, repair bills for other people’s vehicles, bail bonds and pain and suffering. The amount of liability coverage you purchase is your choice, but buy as high a limit as you can afford.

Collision protection

This coverage covers damage to your New Beetle caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims like damaging your car on a curb, crashing into a ditch and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Medical costs insurance

Coverage for medical payments and/or PIP pay for bills like funeral costs, dental work, surgery and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants in addition to getting struck while a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Affordable insurance is out there

As you prepare to switch companies, it’s very important that you do not buy less coverage just to save a little money. There are too many instances where drivers have reduced comprehensive coverage or liability limits to discover at claim time that the savings was not a smart move. The goal is to get the best coverage possible at an affordable rate and still be able to protect your assets.

You just learned some good ideas how you can shop for 2005 Volkswagen New Beetle insurance online. The key concept to understand is the more companies you get car insurance rates for, the better likelihood of getting inexpensive insurance. You may even discover the most savings is with a company that doesn’t do a lot of advertising. Some small companies often have lower car insurance rates on specific markets than the large multi-state companies such as State Farm, Geico and Nationwide.

Additional insurance coverage information is available at the links below