How Much Does 2005 Volkswagen Jetta Insurance Cost?

Are you drained from trying to scrape together enough money to insure your Volkswagen every month? You’re in the same situation as many other drivers.

Vehicle owners have so many car insurance companies to purchase coverage from, and although it’s a good thing to have multiple companies, more options can take longer to locate the cheapest rates.

You may qualify for discounts

Not too many consumers would say insurance coverage is affordable, but there could be available discounts that can drop the cost substantially. Some trigger automatically at the time of purchase, but a few need to be asked for prior to receiving the credit.

• Clubs and Organizations – Participating in a professional or civic organization could trigger savings on your next renewal.
• Accident Forgiveness Coverage – This one is not really a discount per se, but a few companies such as Allstate and State Farm may permit one accident without raising rates if you have no claims prior to the accident.
• Multiple Policy Discount – If you insure your home and vehicles and insure them with the same company you could get a discount of approximately 10% to 15%.
• Theft Deterent System – Cars with anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
• Include Life Insurance and Save – Not every insurance company offers life insurance, but if they do you may earn a break if you buy a life policy as well.

As a sidenote, some credits don’t apply to the entire policy premium. Most only reduce the cost of specific coverages such as comp or med pay. Just because you may think all the discounts add up to a free policy, you won’t be that lucky. Any qualifying discounts should help lower the cost of coverage.

To choose insurance coverage companies with discount insurance coverage rates, click here.

There’s no such thing as the perfect car insurance policy

When buying the right insurance coverage, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover whether or not you might need professional guidance.

• Should I get collision insurance on every vehicle?
• Is my dog or cat covered if injured in an accident?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• Why do I need rental car insurance?
• Is my teenager covered with friends in the car?
• Will I be non-renewed for getting a DUI or other conviction?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area.

Well known brands might not be cheapest

Insurance coverage companies such as Allstate and Progressive seem to constantly run television and radio advertisements. They all state the claim about savings just by moving your policy. How does every insurance coverage company sell you cheaper insurance coverage? You have to listen carefully.

Insurance coverage companies require specific criteria for a prospective insured that will generate a profit. One example of a desirable insured might be between the ages of 30 and 45, has a clear driving record, and insures a new vehicle. A customer getting a price quote who matches those parameters will most likely get cheap premium rates and will probably save some money.

Drivers who do not fit the requirements will probably have to pay more expensive rates with the end result being the prospect going elsewhere. Company advertisements say “people that switch” but not “everyone who gets a quote” save that much when switching. This is how companies can truthfully advertise the way they do.

Different companies use different criteria so drivers must get a wide range of price quotes. Because you cannot predict with any certainty which company will fit your personal profile best.

Coverages available on your policy

Knowing the specifics of a insurance policy can help you determine the right coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverage types found on the average insurance policy.

Liability auto insurance – Liability insurance can cover damages or injuries you inflict on other’s property or people by causing an accident. This insurance protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability coverage pays for claims such as structural damage, loss of income and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase higher limits if possible.

Collision coverages – Collision coverage pays for damage to your Jetta resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as damaging your car on a curb, colliding with another moving vehicle, crashing into a ditch, scraping a guard rail and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Another option is to bump up the deductible to bring the cost down.

Comprehensive (Other than Collision) – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from getting keyed, hail damage, a broken windshield, falling objects and theft. The maximum payout 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.

Medical expense insurance – Med pay and PIP coverage reimburse you for bills like rehabilitation expenses, surgery and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover you and your occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries and damage to your Volkswagen Jetta.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually the UM/UIM limits are similar to your liability insurance amounts.

In conclusion

We just covered many ways to lower your 2005 Volkswagen Jetta insurance prices. It’s most important to understand that the more providers you compare, the better chance you’ll have of finding cheap insurance coverage. You may be surprised to find that the biggest savings come from a lesser-known regional company. These companies can often insure niche markets at a lower cost compared to the large companies like State Farm, Geico and Nationwide.

As you shop your coverage around, it’s a bad idea to sacrifice coverage to reduce premiums. In too many instances, an accident victim reduced full coverage only to regret that they should have had better coverage. Your focus should be to purchase a proper amount of coverage at a price you can afford but still have enough coverage for asset protection.

Additional resources

• Comprehensive Coverage (Liberty Mutual)
• Neck Injury FAQ (iihs.org)
• Vehicle Size and Weight FAQ (iihs.org)
• Driving in Bad Weather (Insurance Information Insitute)
• Distracted Driving Statistics (Insurance Information Insitute)