2017 Volkswagen Golf GTI Insurance Cost

Want cheaper auto insurance rates for your Volkswagen Golf GTI? I doubt anyone is fond of buying auto insurance, especially when they know their premiums are too high. You have so many car insurance companies to insure vehicles with, and although it’s nice to have multiple companies, it makes it harder to find the lowest cost provider.

How to find low cost insurance

Getting a cheaper price on 2017 Volkswagen Golf GTI insurance is not a difficult process. The only requirement is to spend a little time to compare rate quotes to discover which company has affordable car insurance quotes. You can get a good selection of rate quotes using a couple different methods.

The most efficient method to find low rates is a comparison rater form like this one (opens in new window). This form keeps you from doing repetitive form entry for every prospective company. A single form gets prices estimates from all major companies.

A more difficult way to analyze rates requires visiting the website for every company you want to comare and fill out their own quote form. For sake of this example, we’ll assume you want to get rates from Nationwide, Allstate and Travelers. To get each rate you have to go to every website and enter your information, which can be really labor intensive. For a list of links to insurance companies in your area, click here.

The final way to get price estimates is to drive around to all the different insurance agencies. The internet makes this process obsolete unless you require the advice and guidance of a local agency. It is possible with some companies compare online quotes and still use a local agent.

The method you choose is up to you, but be sure you’re using nearly identical quote information with every price quote. If you have different values for each quote then you won’t be able to make a fair rate comparison.

Your insurance coverage should be tailored to you

When it comes to choosing adequate coverage, there really is not a perfect coverage plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that might help in determining whether or not you could use an agent’s help.

How does medical payments coverage work?
Should I buy full coverage?
Is my custom paint covered by insurance?
Should I have a commercial auto policy?
When would I need rental car insurance?
Am I covered when using my vehicle for business?
Does my policy cover me when driving someone else’s vehicle?
Does my policy cover my teen driver if they drive my company car?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It is quick, free and you can get the answers you need.

Auto insurance coverages 101

Understanding the coverages of your auto insurance policy aids in choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement. Shown next are the usual coverages found on most auto insurance policies.

Collision coverage

This pays for damage to your Golf GTI from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like hitting a mailbox, driving through your garage door, colliding with another moving vehicle, backing into a parked car and scraping a guard rail. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. You can also raise the deductible to bring the cost down.

Coverage for liability

This coverage can cover damage or injury you incur to other people or property in an accident. It protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as medical services, attorney fees, pain and suffering, funeral expenses and loss of income. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for short-term medical expenses for EMT expenses, rehabilitation expenses, X-ray expenses and prosthetic devices. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance

This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like damage from a tornado or hurricane, damage from getting keyed and rock chips in glass. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and damage to your Volkswagen Golf GTI.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually the UM/UIM limits are identical to your policy’s liability coverage.