2008 Volkswagen GLI Insurance Rates

Locating more affordable auto insurance can appear to be impossible for vehicle owners not familiar with price shopping over the internet. Because there are so many companies competing online, how are vehicle owners expected to be able to compare every one to find better auto insurance prices?

It’s smart to do price comparisons before your next renewal because auto insurance prices are constantly changing. Just because you found the lowest rates for GLI insurance a couple years back there is a good chance you can find better premium rates now. You’ll find a ton of advice on auto insurance online, but we’re going to give you some solid techniques on how to lower your auto insurance rates.

Are you earning every discount?

Insurance is not an enjoyable expense, but there’s a good chance there are discounts that may help make it more affordable. A few discounts will automatically apply when you get a quote, but a few must be asked for before they will apply.

  • Low Mileage Discounts – Keeping the miles down on your Volkswagen could qualify for lower prices on the low mileage vehicles.
  • Pay Early and Save – If paying your policy premium upfront instead of paying each month you could save up to 5%.
  • Smart Student Discounts – Being a good student could provide a savings of up to 20% or more. The good student discount can last well after school through age 25.
  • Accident Forgiveness – Not really a discount, but some companies like Geico and Liberty Mutual will allow you to have one accident before raising your premiums so long as you haven’t had any claims for a specific time period.
  • Telematics Devices – Policyholders that allow their insurance company to track when and where they use their vehicle by using a small device installed in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive might see lower rates if they show good driving skills.
  • Anti-theft Discount – Cars equipped with anti-theft or alarm systems are stolen with less frequency and that can save you a little bit as well.

While discounts sound great, it’s important to understand that most discount credits are not given to the entire policy premium. Most only reduce specific coverage prices like liability, collision or medical payments. So even though they make it sound like adding up those discounts means a free policy, it doesn’t quite work that way.

Some of the larger companies that possibly offer most of these discounts may include but are not limited to:

Before you buy a policy, ask every company which credits you are entitled to. Savings might not be available to policyholders everywhere.

Finding auto insurance

Most larger insurance companies allow consumers to get price estimates online. Getting online rates doesn’t take much effort as you simply enter the coverages you want as detailed in the form. When the form is submitted, the quote system orders reports for credit and driving violations and gives you a price quote based on the information you submitted.

Online price estimates makes it a lot easier to compare rates but having to visit multiple sites and type in your information gets old quite quickly. But it’s absolutely necessary to get many rate quotes in order to find a lower rate.

There is a better way to compare rates

An easier way to lower your rates uses just one form that gets prices from more than one company. It saves time, requires less work, and makes rate comparisons much more efficient. After sending your information, your coverage is rated and you can choose your choice of the resulting price quotes. If a lower price is quoted, it’s easy to complete the application and purchase coverage. This process takes less than 15 minutes and you will find out if you’re overpaying now.

If you want to use this form to compare rates, click here to open in a new tab and submit your coverage information. To compare your current rates, we recommend you complete the form with exactly as they are listed on your policy. Doing this assures you’re receiving a rate comparison for the exact same coverage.

When in doubt talk to an agent

When it comes to buying adequate coverage, there is no best way to insure your cars. Your needs are not the same as everyone else’s.

For instance, these questions might help in determining if you may require specific advice.

  • Does my personal policy cover me when driving out-of-state?
  • Can my teen driver be rated on a liability-only vehicle?
  • Does my policy cover me when driving someone else’s vehicle?
  • When should I buy a commercial auto policy?
  • Where can I find high-risk insurance?
  • Is a new car covered when I drive it off the dealer lot?
  • Does my 2008 Volkswagen GLI qualify for pleasure use?

If you’re not sure about those questions, you may need to chat with an agent. To find an agent in your area, take a second and complete this form.

Insurance coverage specifics

Understanding the coverages of insurance can help you determine appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.

Liability auto insurance – This will cover damages or injuries you inflict on a person or their property that is your fault. This insurance protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

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 commonly see limits of 100/300/100 which stand for a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage pays for claims like funeral expenses, legal defense fees, emergency aid, medical services and court costs. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.

Collision coverages – Collision coverage pays for damage to your GLI resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as colliding with another moving vehicle, hitting a parking meter and rolling your car. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for bills for rehabilitation expenses, X-ray expenses, prosthetic devices, chiropractic care and EMT expenses. They are used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision – This coverage covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like falling objects, damage from flooding, fire damage, damage from getting keyed and theft. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

UM/UIM Coverage – This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Volkswagen GLI.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Save your cold hard cash

Cheaper 2008 Volkswagen GLI insurance is available online as well as from independent agents, so you should be comparing quotes from both in order to have the best price selection to choose from. A few companies may not have internet price quotes and many times these smaller companies only sell through independent agencies.

Drivers leave their current company for a variety of reasons including denial of a claim, not issuing a premium refund, poor customer service and questionable increases in premium. Regardless of your reason for switching companies, choosing a new company is less work than it seems.

As you restructure your insurance plan, it’s very important that you do not reduce coverage to reduce premium. In many instances, someone dropped comprehensive coverage or liability limits and found out when filing a claim that it was a big error on their part. Your focus should be to find the BEST coverage at the best price.

More detailed insurance information can be found by following these links: