How Much Does 1997 Volkswagen GTI Car Insurance Cost?

Paying for high-priced Volkswagen GTI insurance can dwindle your checking account and make it hard to pay other bills. Comparing price quotes is free, only takes a few minutes, and is a good way to slash your bill and have more diposable income.

Lots of insurance companies contend for your insurance dollar, so it can be very hard to choose a company to find the absolute best rate

If you currently have car insurance, you should be able to reduce your rates substantially using these techniques. Finding affordable coverage is not that difficult. But drivers must understand the methods companies use to sell online because it can help you find the best coverage.

Some factors that can determine what Volkswagen GTI insurance costs

Consumers need to have an understanding of some of the elements that help determine your car insurance rates. Having a good understanding of what controls the rates you pay helps enable you to make changes that will entitle you to lower car insurance prices.

  • Battle of the sexes – Statistics have proven that women are safer drivers than men. That doesn’t necessarily mean that men are worse drivers. Women and men are in accidents at a similar rate, but men cause more damage. Men also get cited for more serious violations such as reckless driving. Male drivers age 16 to 19 are the most expensive to insure and therefore are the most expensive to insure.
  • With age comes lower rates – Older drivers tend to be more responsible, tend to cause fewer accidents and tend to be better behind the wheel. Young drivers are statistically proven to be less responsible behind the wheel and because of this, their car insurance rates are much higher.
  • Your job and insurance rates – Careers like judges, architects and stock brokers have the highest rates attributed to stressful work requirements and long work hours. On the other hand, occupations like scientists, students and retirees get better rates on GTI coverage.
  • Don’t cancel a policy without a new one in place – Allowing your coverage to lapse will be a fast way to trigger a rate increase. And not only will insurance be more expensive, but not being able to provide proof of insurance might get you a hefty fine and possibly a revoked license.
  • Having a spouse can save you money – Having a wife or husband can actually save you money on your policy. Having a spouse is viewed as being more mature and responsible it has been statistically shown that married drivers get in fewer accidents.

Auto Insurance Prices Online

Most companies quote prices on their websites. Obtaining pricing doesn’t take a lot of time as you just type in your required coverages into the quote form. Behind the scenes, their system obtains your driving and credit reports and returns pricing information based on these factors. This makes it a lot easier to compare rates but the time required to go to multiple sites and type in the same information is not the best way to spend an afternoon. But it is imperative to do this if you are searching for the lowest auto insurance rates.

The better way to compare rates

A less time-consuming method to find lower prices uses one form that gets prices from a bunch of companies at once. It’s a real time-saver, helps eliminate reptitive entry, and makes online quotes much more enjoyable and efficient. After your information is entered, your coverage is rated and you can select any one of the quotes returned. If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the new coverage. The whole process only takes a few minutes and can result in significant savings.

To quickly compare pricing, click here and submit the form. If you have your current policy handy, we recommend you copy coverages and limits as shown on your current policy. Using the same limits helps guarantee you will have rate quotes for exact coverage.

Ads can be misleading

Companies like State Farm and Allstate consistently run ads on TV and radio. All the ads make an identical promise that you can save if you change your policy. How does each company say the same thing?

Different companies can use profiling for the type of customer they prefer to insure. A good example of a driver they prefer could possibly be between the ages of 40 and 55, has no prior claims, and has a high credit rating. A customer getting a price quote that hits that “sweet spot” will get very good rates and therefore will save when switching.

Potential customers who don’t measure up to the requirements will be quoted a higher premium which usually ends up with business going elsewhere. Company advertisements say “customers that switch” but not “drivers who get quotes” save that kind of money. This is how companies can make those claims. This emphasizes why you absolutely need to compare many company’s rates. It’s just too difficult to predict the company that will give you the biggest savings on Volkswagen GTI insurance.

You probably qualify for some discounts

Car insurance companies don’t always advertise all available discounts in an easy-to-find place, so we researched some of the best known as well as the least known ways to save on insurance.

  • Low Mileage Discounts – Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and earn discounts up to 10%.
  • Driver Safety – Taking a defensive driving course could cut 5% off your bill if your company offers it.
  • Payment Discounts – By paying your policy upfront instead of monthly or quarterly installments you could save 5% or more.
  • Homeowners Savings – Owning a house may trigger a insurance policy discount because maintaining a house shows financial diligence.
  • Accident Waiver – A few companies will forgive one accident before hitting you with a surcharge as long as you don’t have any claims for a certain period of time.
  • Discount for Swiching Early – Some companies give discounts for switching to them before your current policy expires. The savings is around 10%.
  • Multiple Cars – Insuring all your vehicles on the same insurance policy could earn a price break for each car.
  • New Car Discount – Adding a new car to your policy can save up to 30% because new vehicles have to meet stringent safety requirements.

A little note about advertised discounts, many deductions do not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like medical payments or collision. Just because it seems like you would end up receiving a 100% discount, you’re out of luck.

For a list of insurers with the best insurance discounts, click here.

There’s no such thing as the perfect policy

When buying adequate coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that may help highlight whether you will benefit from professional help.

  • Is my nanny covered when driving my vehicle?
  • How much liability do I need to cover my assets?
  • Will my insurance pay for OEM parts?
  • Does my insurance cover my expensive audio equipment?
  • How high should deductibles be on a 1997 Volkswagen GTI?
  • Is my custom paint covered by insurance?
  • What if I total my 1997 Volkswagen GTI and owe more than it’s worth?
  • Can I get a multi-policy discount?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Car insurance policy specifics

Having a good grasp of a car insurance policy aids in choosing the right coverages for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types found on the average car insurance policy.

Uninsured/Underinsured Motorist (UM/UIM) – This gives you protection when other motorists do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Volkswagen GTI.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision coverages – Collision coverage pays for damage to your GTI resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims like scraping a guard rail, damaging your car on a curb, sideswiping another vehicle, colliding with a tree and crashing into a ditch. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Liability coverage – This coverage can cover damage that occurs to other’s property or people in an accident. This coverage protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability insurance covers things like repair costs for stationary objects, loss of income, legal defense fees, court costs and emergency aid. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.

Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things like a tree branch falling on your vehicle, damage from a tornado or hurricane, damage from flooding, falling objects and hitting a bird. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage pay for short-term medical expenses such as prosthetic devices, pain medications, funeral costs, nursing services and ambulance fees. They can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. It covers you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and may carry a deductible

Save for a rainy day

As you go through the steps to switch your coverage, it’s a bad idea to skimp on coverage in order to save money. There have been many cases where drivers have reduced liability coverage limits only to discover later they didn’t purchase enough coverage. Your strategy should be to find the BEST coverage for the lowest price, not the least amount of coverage.

Lower-priced 1997 Volkswagen GTI insurance is possible online and also from your neighborhood agents, so compare prices from both so you have a total pricing picture. Some companies may not provide online price quotes and usually these smaller companies provide coverage only through local independent agents.

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