Compare 2015 Volkswagen Beetle Insurance Cost

Want lower insurance rates? Drivers have lots of choices when trying to find the best price on Volkswagen Beetle insurance. You can either waste hours calling around getting price quotes or save time using the internet to make rate comparisons. There is a right way and a wrong way to buy insurance and you need to know the proper way to compare rates for a new or used Volkswagen and locate the cheapest rates.

It’s important to do rate comparisons every six months because insurance prices are rarely the same from one policy term to another. Just because you had the best rate on Beetle insurance a few years ago other companies may now be cheaper. You can find a lot of information about insurance online but we’re going to give you some guaranteed methods to put money back in your pocket.

Insurance coverage rates and discounts

Some providers do not advertise every discount they offer very well, so the next list breaks down both the well known and also the more inconspicuous discounts that you can inquire about if you buy insurance online.

• Accident Waiver – This one isn’t a discount, but some insurance companies will allow you to have one accident before hitting you with a surcharge if you have no claims for a specific time period.
• Own a Home – Owning a house may earn you a small savings because maintaining a house is proof of financial responsibility.
• Safety Restraint Discount – Drivers who require all vehicle occupants to wear their seat belts may be able to save a few bucks off the PIP or medical payment premium.
• Driver’s Ed – Teen drivers should enroll in driver’s education if it’s offered in school.
• Military Rewards – Having a deployed family member could qualify you for better premium rates.
• Discount for Low Mileage – Keeping the miles down on your Volkswagen can qualify you for slightly better rates than normal.

Just know that most discount credits are not given to the entire cost. Most cut specific coverage prices like comprehensive or collision. If you do the math and it seems like you could get a free insurance coverage policy, it doesn’t quite work that way.

Insurance companies that may have these money-saving discounts possibly include:

• Geico
• USAA
• Progressive
• American Family
• Esurance
• Farmers Insurance
• State Farm

Before buying, ask each insurance company which discounts you qualify for. Some discounts listed above may not be available everywhere. To see a list of providers who offer online insurance coverage quotes, click here.

Why your insurance premiums might be higher

Smart consumers have a good feel for some of the factors that are used to determine insurance rates. When consumers understand what determines premiums, this helps enable you to make changes that may result in big savings.

• Gals pay lower rates – Statistics have proven that females tend to be a little less risky than males. It does not mean men are worse drivers. Females and males cause at-fault accidents in similar percentages, but men cause more damage. In addition to higher claims, males also receive more major tickets like DWI (DUI) or reckless driving. Male drivers age 16 to 19 cause the most accidents so it costs more to insure them.
• Bundling policies can get discounts – The majority of insurance companies allow better rates to people that purchase more than one policy, otherwise known as a multi-policy discount. Even if you’re getting this discount you may still want to compare other insurance prices to ensure the best deal.
• Don’t skimp on liability insurance – Liability insurance provides coverage when you are found liable for damages from an accident. Your liability coverage provides you with a defense in court which can cost thousands of dollars. It is affordable coverage compared to other policy coverages, so insureds should have plenty of protection for their assets.
• Where you call home plays a part – Living in a small town can be a good thing if you are looking for the lowest rates. City drivers have to deal with traffic congestion and a longer drive to work. Lower population means fewer accidents in addition to fewer liability claims.

Situations that may require an agent’s advice

When buying coverage for your vehicles, there really is not a “perfect” insurance plan. Every situation is different.

These are some specific questions might help in determining whether you may require specific advice.

• Does my policy pay for OEM or aftermarket parts?
• How much can I save by bundling my policies?
• Does my policy cover my teen driver if they drive my company car?
• Do I need roadside assistance coverage?
• Should I drop comprehensive coverage on older vehicles?
• I have a DUI can I still get coverage?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.

The ad said I’d save $465 a year!

Consumers can’t escape the ads that promise big savings for switching by companies like Progressive, Allstate and Geico. All the ads convey the message that you’ll save big if you move your coverage.

Is it even possible that every company can cost less than your current company? Just pay attention to how they say it.

Many companies are able to cherry pick for the type of driver that makes them money. An example of a profitable risk profile should be over the age of 35, has never had a policy lapse, and drives a lower-performance vehicle. Any person that fits those parameters will most likely get cheap prices and is almost guaranteed to cut their rates if they switch.

People who cannot meet this stringent profile will probably have to pay more expensive rates which usually ends up with the customer not buying. If you listen closely, the ads state “drivers that switch” but not “all drivers who get quotes” can get the lowest rates when switching. That is how insurance companies can claim big savings. Each company has different criteria, so you need to compare as many free insurance quotes as you can. You cannot predict the company that will give you lower prices than your current company.

Car insurance 101

Knowing the specifics of your insurance policy aids in choosing the right coverages and proper limits and deductibles. Policy terminology can be confusing and nobody wants to actually read their policy.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage kick in for bills for things like dental work, funeral costs, EMT expenses, prosthetic devices and nursing services. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Auto liability – This coverage can cover damage that occurs to other people or property by causing an accident. This coverage protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 50/100/50 which stand for a limit of $50,000 per injured person, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims such as funeral expenses, attorney fees, loss of income, emergency aid and medical services. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Collision – This coverage covers damage to your Beetle resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims like colliding with another moving vehicle, backing into a parked car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.

Comprehensive insurance – This covers damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like rock chips in glass, damage from getting keyed and theft. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Never pay more for less

In this article, we presented quite a bit of information on how to save on 2015 Volkswagen Beetle insurance. The key thing to remember is the more price quotes you have, the better chance you’ll have of finding cheap insurance. You may even discover the lowest priced car insurance comes from a company that doesn’t do a lot of advertising.

When searching for inexpensive insurance quotes, do not buy lower coverage limits just to save a few bucks. There are too many instances where an accident victim reduced collision coverage only to regret that it was a big mistake. Your goal is to purchase plenty of coverage at a price you can afford while still protecting your assets.

Consumers switch companies for a variety of reasons including unfair underwriting practices, high rates after DUI convictions, not issuing a premium refund and even being labeled a high risk driver. Regardless of your reason for switching companies, choosing a new company can be easier than you think.

For more information, take a look at these articles:

• Anti-Lock Brake FAQ (iihs.org)
• Collision Insurance Coverage (Nationwide)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Older Drivers FAQ (iihs.org)
• Should I Buy a New or Used Car? (Allstate)
• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)