Lower Your 2003 Volkswagen New Beetle Insurance Rates

Expensive insurance coverage can dwindle your savings account and put a big crunch on your finances. Comparing price quotes is a great way to help make ends meet.

You have so many auto insurance companies to purchase coverage from, and even though it’s nice to be able to choose, it can be more challenging to locate the cheapest rates.

Buying car insurance is easy if you know what you’re doing. Just about everyone who is shopping for insurance coverage most likely will be able to cut their insurance bill. Nevertheless, vehicle owners must learn the way companies price online insurance and apply this information to your search.

Factors that can influence insurance rates for a Volkswagen New Beetle

Smart consumers have a good feel for the different types of things that go into determining the rates you pay for insurance. Having a good understanding of what impacts premium levels empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.

  • Choose a safe vehicle and save – Safer cars get lower rates. Safer cars have better occupant injury protection and any reduction in injury severity translates into fewer and smaller insurance claims and thus lower rates. If the Volkswagen New Beetle earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Do you need the policy add-ons? – There are many additional coverages that you can get tricked into buying if you aren’t careful. Coverages for vanishing deductibles, accidental death and motor club memberships may be wasting your money. These may sound like a good investment initially, but if you don’t need them eliminate them to save money.
  • More miles equals more premium – The more miles you rack up on your Volkswagen in a year the more you’ll pay to insure your vehicle. Almost all companies price each vehicle’s coverage based on how the vehicle is used. Cars left parked in the garage get more affordable rates as compared to vehicles used primarily for driving to work. Make sure your insurance policy is rated on how each vehicle is driven. Incorrect usage on your New Beetle can cost quite a bit.
  • You might want pay the small claims yourself – Companies award cheaper rates to drivers who do not file claims often. If you are a frequent claim filer, you can definitely plan on higher rates. Insurance coverage is intended to be relied upon for the large, substantial claims.
  • Do you work long hours in a high stress job? – Occupations such as doctors, social workers and financial analysts tend to pay higher average rates due to high stress levels and lots of time spent at work. Conversely, jobs such as scientists, engineers and the unemployed have the lowest average rates for New Beetle insurance.

Compare the Market for Insurance Coverage

Effectively comparing insurance coverage prices is a ton of work if you aren’t aware of the fastest way to get free quotes. You could spend the better part of a day talking about coverages with insurance agencies in your area, or you could use online quoting for quick rates.

Most of the larger companies participate in an industry program that enables customers to submit their information once, and at least one company returns a rated price based on the submitted data. This eliminates the need for form submissions for every insurance coverage company.

To enter your information into the quoting system, click here to open in new window.

The single downside to doing it this way is you can’t choose the providers to get quotes from. If you prefer to choose specific providers to request quotes from, we have assembled a list of insurance coverage companies in your area. Click to view list.

Whichever method you choose, compare exactly the same coverage limits and deductibles for each price quote. If you compare different deductibles it’s impossible to make a fair comparison for your Volkswagen New Beetle. Quoting even small variations in coverages can mean a large discrepancy in price. Just keep in mind that obtaining a wide range of quotes will enable you to find lower pricing.

Pay less for 2003 Volkswagen New Beetle insurance

Companies offering auto insurance do not advertise every available discount in an easy-to-find place, so the following is a list of some of the best known and the more hidden ways to save on auto insurance.

  • Fewer Miles Equal More Savings – Low mileage vehicles can earn lower rates on the low mileage vehicles.
  • Discount for Good Grades – Getting good grades can get you a discount of up to 25%. The good student discount can last up until you turn 25.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can reduce accidents and earn discounts up to 10%.
  • Employee of Federal Government – Being employed by or retired from a federal job can save as much as 8% for New Beetle insurance depending on your company.
  • Accident Free – Drivers who don’t have accidents pay much less when compared with bad drivers.
  • Multi-car Discount – Buying coverage for more than one vehicle with the same company qualifies for this discount.
  • Life Insurance – Some companies give a break if you buy life insurance.
  • Club Memberships – Affiliation with a qualifying organization could qualify you for a break on auto insurance for New Beetle insurance.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to use their safety belts could save 15% off the personal injury premium cost.
  • Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education in high school.

Drivers should understand that most of the big mark downs will not be given to the entire policy premium. Most only apply to specific coverage prices like liability and collision coverage. So when the math indicates all the discounts add up to a free policy, companies wouldn’t make money that way.

For a list of insurance companies who offer auto insurance discounts, click this link.

Tailor your coverage to you

When choosing the right insurance coverage, there really is not a “perfect” insurance plan. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that may help you determine if your insurance needs might need professional guidance.

  • Does car insurance cover theft of personal property?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Will filing a claim cost me more?
  • How can I force my company to pay a claim?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Is my state a no-fault state?

If it’s difficult to answer those questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Auto insurance coverage information

Learning about specific coverages of your insurance policy can be of help when determining the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Shown next are the usual coverages found on the average insurance policy.

Collision coverage – Collision coverage pays for damage to your New Beetle caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as sustaining damage from a pot hole, hitting a mailbox, backing into a parked car and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

Coverage for liability – Liability coverage protects you from damage or injury you incur to people or other property. It protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims like structural damage, repair bills for other people’s vehicles, pain and suffering, court costs and emergency aid. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your 2003 Volkswagen New Beetle.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Comprehensive coverages – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like damage from getting keyed, vandalism, hitting a deer, hitting a bird and fire damage. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for things like prosthetic devices, rehabilitation expenses, dental work, surgery and chiropractic care. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Spend less. Save more.

We’ve covered a lot of techniques to save on 2003 Volkswagen New Beetle insurance. The key concept to understand is the more price quotes you have, the higher the chance of saving money. Consumers may even find the lowest rates come from a smaller regional carrier. These companies may often insure only within specific states and give getter rates than the large multi-state companies such as Allstate, GEICO and Progressive.

As you prepare to switch companies, don’t be tempted to skimp on critical coverages to save a buck or two. There have been many cases where someone dropped full coverage to discover at claim time that their decision to reduce coverage ended up costing them more. The aim is to buy the best coverage you can find for the lowest price, not the least amount of coverage.

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