Lower Your 2012 Volkswagen GLI Car Insurance Quotes

Insurance shopping is not a chore drivers relish, but it’s a required process in order to satisfy compulsory insurance requirements.

It is always a good idea to check insurance coverage prices occasionally because insurance rates are adjusted regularly by insurance companies. If you had the best deal for GLI coverage two years ago there may be better deals available now. You can find a lot of wrong information about insurance coverage online, so we’re going to give you a bunch of ideas how to find affordable insurance coverage.

How to reduce Volkswagen GLI insurance rates

Companies that sell car insurance don’t always publicize all their discounts very well, so the following is a list of both the well known and also the lesser-known ways to save on auto insurance.

  • Early Switch Discount – Some companies give discounts for switching policies before your current expiration date. It’s a savings of about 10%.
  • Student in College – Youth drivers who attend school more than 100 miles from home and do not have a car may be able to be covered for less.
  • Accident Waiver – Some insurance companies will forgive one accident before raising your premiums so long as you haven’t had any claims prior to the accident.
  • Accident Free – Drivers who don’t have accidents pay less when compared with accident-prone drivers.
  • E-sign – A handful of insurance companies give back up to $50 simply for signing online.

It’s important to understand that most of the big mark downs will not be given to the overall cost of the policy. Most only reduce specific coverage prices like medical payments or collision. Just because it seems like all those discounts means the company will pay you, auto insurance companies aren’t that generous.

Insurance companies who might offer these benefits include:

It’s a good idea to ask each company which discounts they offer. Discounts may not apply everywhere.

Why your Volkswagen GLI might be costing you more

Consumers need to have an understanding of the rating factors that play a part in calculating your insurance coverage rates. Knowing what determines base rates empowers consumers to make smart changes that will entitle you to lower insurance coverage prices.

Shown below are a partial list of the pieces used by your company to calculate prices.

  • Never allow your policy to lapse – Driving your car without having proper coverage can get your license suspended and insurance coverage companies will penalize you for letting your insurance lapse. And not only will your rates increase, getting caught without coverage may earn you a license revocation or jail time.
  • Liability insurance protects assets – Liability coverage will protect you if you are found to be at fault for damages from an accident. It provides legal defense coverage which can be incredibly expensive. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so buy as much as you can afford.
  • High deductibles save money – Coverage for physical damage, termed comprehensive and collision coverage on your policy, protects your Volkswagen from damage. Examples of covered claims are a windshield shattered by a rock, vandalism, and burglary. The deductibles are the amount of money you are required to spend if you file a covered claim. The higher the amount you’re willing to pay, the less your company will charge you for insurance for GLI coverage.
  • Policy add-ons can waste money – There are many extra bells and whistles that you can buy on your 2012 GLI policy. Things like personal injury protection, towing coverage and membership fees are some examples. They may seem good when you first buy your policy, but your needs may have changed so remove them from your policy.
  • How many coverages with the same company – Many companies will award you with lower prices to insureds who buy several policies from them, otherwise known as a multi-policy discount. Even with this discount, it’s in your best interest to compare other company rates to confirm you are receiving the best rates possible. You may still find a better deal by splitting coverages up.
  • Do you know you’re credit rating? – Credit score is a important factor in determining your rates. Consumers who have high credit scores tend to be less risk to insure than those with poor credit. If your credit is low, you could pay less to insure your 2012 Volkswagen GLI by repairing your credit.
  • Pleasure use or commuting – Driving more miles in a year the higher your rates will be. The majority of insurers rate vehicles based on how the vehicle is used. Cars not used for work or commuting qualify for better rates than those used for commuting. Having the wrong rating on your GLI may be costing you. Ask your agent if your insurance coverage coverage properly reflects the proper vehicle usage.
  • Your job and insurance rates – Did you know your occupation can influence how much you pay for insurance coverage? Jobs such as judges, executives and financial analysts tend to pay higher average rates in part from high stress levels and long work days. Conversely, jobs such as pilots, engineers and performers have the lowest average rates for GLI coverage.

Tailor your coverage to you

When choosing the right insurance coverage for your personal vehicles, there is no one size fits all plan. Every situation is different.

For example, these questions can help discover if your insurance needs would benefit from an agent’s advice.

  • Am I covered when pulling a rental trailer?
  • Am I covered when driving a rental car?
  • Are my tools covered if they get stolen from my vehicle?
  • Should I sign the liability waiver when renting a car?
  • Should I buy full coverage?
  • What are the financial responsibility laws in my state?
  • Are split liability limits better than a combined single limit?
  • Do I need PIP coverage since I have good health insurance?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and complete this form.

Coverages available on your insurance policy

Knowing the specifics of insurance helps when choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Liability coverages

This will cover injuries or damage you cause to other’s property or people. It protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for claims such as legal defense fees, repair bills for other people’s vehicles and funeral expenses. How much liability coverage do you need? That is up to you, but consider buying as large an amount as possible.

Uninsured Motorist or Underinsured Motorist insurance

This provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Volkswagen GLI.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like fire damage, damage from getting keyed, a tree branch falling on your vehicle, damage from flooding and hitting a deer. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for collisions

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as hitting a parking meter, crashing into a building, scraping a guard rail, colliding with another moving vehicle and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Another option is to choose a higher deductible to bring the cost down.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for bills like EMT expenses, ambulance fees, rehabilitation expenses, funeral costs and chiropractic care. They are often used to fill the gap from your health insurance plan or if you lack health insurance entirely. They cover you and your occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Be a smart shopper

As you prepare to switch companies, it’s very important that you do not skimp on coverage in order to save money. There are too many instances where an accident victim reduced liability coverage limits to discover at claim time they didn’t have enough coverage. The ultimate goal is to buy the best coverage you can find at an affordable rate while still protecting your assets.

Consumers change insurance companies for many reasons like an unsatisfactory settlement offer, policy non-renewal, delays in paying claims or extreme rates for teen drivers. No matter why you want to switch, finding a new company is pretty easy and you might even save some money in the process.

Budget-conscious 2012 Volkswagen GLI insurance can be found on the web and with local insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance providers do not offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

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