Save on 1992 Volkswagen Golf Insurance Rates

Drivers have many options when trying to find low-cost Volkswagen Golf insurance. They can either spend hours driving around getting price quotes or utilize the internet to make rate comparisons. There is a right way and a wrong way to shop for car insurance and you need to know the absolute fastest way to compare rates for a new or used Volkswagen and obtain the lowest price.

It’s a great practice to compare rates before your policy renews because rates fluctuate regularly. Just because you found the best price for Golf insurance on your last policy you can probably find a better price now. Forget anything you know (or think you know) about car insurance because you’re about to find out one of the quickest ways to lower your rates without sacrificing coverage.

Finding affordable coverage is easy if you know what you’re doing. If you are paying for car insurance now, you will most likely be able to cut costs considerably using these methods. Vehicle owners just need to understand the proper way to get comparison rates online.

How to Compare Car Insurance

Finding a better price on car insurance is not rocket science. The only thing you need to do is spend a few minutes to compare rate quotes online from several insurance companies. This can be accomplished in several different ways.

  1. Probably the best way to find low rates is a comparison rater form (click to open form in new window). This method prevents you from having to do multiple quote forms for every car insurance company. One form submission will return price quotes direct from many companies. Just one form and you’re done.
  2. A different way to obtain and compare quotes online consists of visiting the website of each company and request a quote. For sake of this example, let’s say you want to compare Allstate, Progressive and State Farm. To get rate quotes you would need to go to every website to enter your coverage information, and that’s why the first method is more popular.

    To view a list of companies in your area, click here.

It doesn’t matter which method you choose, just compare exactly the same coverages on every quote. If you use different values for each quote you will not be able to determine the lowest rate for your Volkswagen Golf.

Discounts on 1992 Volkswagen Golf insurance

Companies offering auto insurance don’t necessarily list all available discounts very clearly, so we researched both the well known and also the lesser-known insurance savings. If you’re not getting every credit possible, you are throwing money away.

  • Good Student Discount – A discount for being a good student can be rewarded with saving of up to 25%. The discount lasts well after school through age 25.
  • Homeowners Discount – Being a homeowner can save you money due to the fact that maintaining a home demonstrates responsibility.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use their safety belts can save up to 15% off your medical payments premium.
  • Sign Early and Save – A few companies offer discounts for switching policies prior to your current policy expiring. It can save you around 10%.
  • Federal Government Employee – Simply working for the federal government may qualify you for a discount for Golf insurance with select insurance companies.
  • No Charge for an Accident – Some insurance companies will forgive one accident without raising rates as long as you don’t have any claims for a certain period of time.

It’s important to understand that some credits don’t apply to the entire cost. Most only reduce individual premiums such as collision or personal injury protection. So even though it sounds like you can get free auto insurance, companies wouldn’t make money that way.

For a list of insurers with the best insurance discounts, follow this link.

Tailor your coverage to you

When buying adequate coverage for your vehicles, there is no single plan that fits everyone. Everyone’s situation is a little different.

These are some specific questions may help you determine if you could use an agent’s help.

  • Do I need rental car coverage?
  • Are my friends covered when driving my 1992 Volkswagen Golf?
  • Is my 1992 Volkswagen Golf covered for flood damage?
  • Is a fancy paint job covered?
  • Are split liability limits better than a combined single limit?
  • What if I total my 1992 Volkswagen Golf and owe more than it’s worth?
  • Should I carry comprehensive and collision coverage?
  • When can my company non-renew my policy?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, free and may give you better protection.

Factors that might impact rates for a Volkswagen Golf

Smart consumers have a good feel for some of the elements that play a part in calculating your car insurance rates. Knowing what impacts premium levels helps enable you to make changes that could result in much lower annual insurance costs.

Shown below are some of the items that factor into premiums.

  • Your age impacts your rates – Young drivers have a tendency to be careless and easily distracted behind the wheel so car insurance rates are higher. Parents adding a teenage driver onto a policy can be very expensive. Older drivers are more cautious drivers, statistically cause fewer accidents and receive fewer citations.
  • Do you know you’re credit rating? – Your credit history is a important factor in determining what you pay for car insurance. So if your credit rating is not that good, you could pay less to insure your 1992 Volkswagen Golf by improving your credit score. Consumers who have high credit scores tend to be less risk to insure than drivers with lower credit scores.
  • Discounts for multiple policies – Many insurance companies will give a discount to people who carry more than one policy. It’s known as a multi-policy discount. Discounts can add up to 10 percent or more. If you currently are using one company, you may still want to compare rates to verify if the discount is saving money.
  • Liability insurance protects assets – Liability insurance is the coverage that protects you when you are found liable for personal injury or accident damage. It will provide legal defense starting from day one. Liability insurance is quite affordable compared to physical damage coverage, so do not skimp.
  • A lapse in coverage is a bad thing – Driving your car without having proper coverage is a misdemeanor and car insurance companies will penalize you for letting your coverage have a gap. Not only will you pay more, getting caught without coverage might get you a license revocation or jail time.

Switch companies and save? Really?

Drivers get pounded daily by advertisements for car insurance savings from companies such as State Farm and Allstate. All the companies make the same claim that you’ll save big if you change your policy.

But how can every company say the same thing? This is how they do it.

All the different companies are able to cherry pick for the type of customer that earns them a profit. An example of a preferred risk could possibly be over the age of 40, owns a home, and drives less than 7,500 miles a year. A customer who meets those qualifications will get very good rates and most likely will pay quite a bit less when switching companies.

Potential insureds who don’t meet these standards must pay higher prices which usually ends up with business going elsewhere. The ads state “customers who switch” not “everyone that quotes” save that kind of money. That’s why companies can truthfully advertise the way they do. This illustrates why you need to get as many comparisons as possible. You cannot predict the company that will have the lowest Volkswagen Golf insurance rates.

Coverage specifics

Understanding the coverages of your insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Comprehensive coverages

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like hitting a deer, damage from flooding and theft. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Auto liability

Liability coverage will cover damage or injury you incur to other people or property that is your fault. It protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims like loss of income, attorney fees and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase higher limits if possible.

Uninsured and underinsured coverage

This coverage gives you protection when the “other guys” do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Volkswagen Golf.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Coverage for medical payments

Med pay and PIP coverage provide coverage for short-term medical expenses for things like prosthetic devices, rehabilitation expenses, surgery, dental work and X-ray expenses. The coverages can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Collision insurance

Collision insurance covers damage to your Golf resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as crashing into a building, hitting a parking meter and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

The best insurance company isn’t always the cheapest

Cheap 1992 Volkswagen Golf insurance can be sourced online as well as from independent agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies don’t offer online quoting and usually these regional insurance providers provide coverage only through local independent agents.

We just covered a lot of tips how to reduce insurance prices online. It’s most important to understand that the more rate quotes you have, the higher your chance of finding lower rates. You may be surprised to find that the most savings is with the least-expected company.

While you’re price shopping online, you should never buy poor coverage just to save money. There have been many cases where an accident victim reduced uninsured motorist or liability limits only to find out that their decision to reduce coverage ended up costing them more. Your goal should be to buy the best coverage you can find at the best price while not skimping on critical coverages.

Additional car insurance information can be read on the following sites: