Searching for lower car insurance rates for your Volkswagen Golf? Are you intimidated by the dozens of car insurance company choices? You have a lot of company. People have so many options available that it can turn into a ton of work to find lower rates.
It’s a good habit to get comparison quotes periodically because rates trend upward over time. Even if you think you had the best deal on Golf coverage a year ago you can probably find a lower rate today. Block out anything you think you know about car insurance because you’re about to learn the fastest way to find the best coverage while lowering your premiums.
Auto insurance companies don’t list every discount in an easy-to-find place, so we took the time to find both the well known and also the lesser-known insurance savings.
A little note about advertised discounts, most discount credits are not given the the whole policy. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like you would end up receiving a 100% discount, companies don’t profit that way.
To see a list of companies with discount insurance rates, follow this link.
When it comes to buying proper insurance coverage, there is no one size fits all plan. Every insured’s situation is different.
Here are some questions about coverages that could help you determine if you would benefit from professional advice.
If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form.
21st Century, Allstate and State Farm consistently run ads on TV and radio. All the companies have a common claim that you’ll save big if you change your coverage to them. How can each company make almost identical claims? It’s all in the numbers.
All the different companies are able to cherry pick for the type of customer that makes them money. An example of a profitable customer might be between 30 and 50, insures multiple vehicles, and has great credit. Any new insured who matches those parameters gets the lowest rates and therefore will cut their rates substantially.
Drivers who don’t qualify for this ideal profile will be quoted a higher premium and ends up with the customer not buying. Company advertisements say “customers who switch” not “everyone that quotes” save money. That’s the way companies can truthfully state the savings. This emphasizes why drivers should quote coverage with many companies. It’s not possible to predict which company will have the lowest Volkswagen Golf insurance rates.
Learning about specific coverages of insurance helps when choosing the best coverages for your vehicles. Insurance terms can be confusing and coverage can change by endorsement.
Liability insurance – This coverage protects you from damage or injury you incur to people or other property that is your fault. It protects you against claims from other people. It does not cover damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.
Liability coverage protects against claims like repair costs for stationary objects, funeral expenses, medical services and loss of income. The amount of liability coverage you purchase is a decision to put some thought into, but buy as much as you can afford.
Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for funeral costs, rehabilitation expenses and hospital visits. They can be used in conjunction with a health insurance plan or if you do not have health coverage. Coverage applies to both the driver and occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible
Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your 1994 Volkswagen Golf.
Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.
Comprehensive insurance – This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims such as vandalism, rock chips in glass and damage from flooding. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Collision coverage – This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims like colliding with a tree, sideswiping another vehicle and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.
We’ve covered many tips how you can shop for 1994 Volkswagen Golf insurance online. The key concept to understand is the more price quotes you have, the higher your chance of finding lower rates. Drivers may discover the most savings is with a smaller regional carrier.
Budget-conscious insurance can be purchased from both online companies and also from your neighborhood agents, so you should compare both to have the best rate selection. Some companies may not provide online price quotes and many times these regional insurance providers only sell through independent insurance agents.
When shopping online for car insurance, make sure you don’t buy less coverage just to save a little money. In too many instances, an insured cut collision coverage and learned later that it was a big error on their part. Your focus should be to find the BEST coverage at a price you can afford, not the least amount of coverage.
Additional information can be read at the links below