Looking for lower insurance rates for your Volkswagen New Beetle? Did you fall for a flashy sales pitch and buy overpriced insurance? Trust us, there are a lot of people just like you who feel imprisoned by their insurance policy.
Drivers have multiple auto insurance companies to pick from, and although it’s a good thing to have multiple companies, lots of choices makes it harder to compare rates and cut insurance costs.
Consumers should take time to shop coverage around occasionally because insurance rates are variable and change quite frequently. If you had the best rates for New Beetle insurance two years ago there is a good chance you can find better rates now. So just forget anything you know (or think you know) about insurance because I’m going to teach you the quickest way to find lower rates on insurance.
The purpose of this post is to help educate you on how car insurance quotes work. If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using these tips. But drivers must understand how companies sell online.
Factors that can influence Volkswagen New Beetle insurance rates
The price of auto insurance can be rather high, but there are discounts available to cut the cost considerably. Some trigger automatically at the time of purchase, but less common discounts must be asked about before being credited.
E-sign – Some insurance companies will discount your bill up to fifty bucks for buying your policy over the internet.
No Claims – Good drivers with no accidents pay less as compared to accident-prone drivers.
Discounts for Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates for New Beetle insurance than their less cautious counterparts.
Drivers should understand that most discounts do not apply to all coverage premiums. Most cut specific coverage prices like comprehensive or collision. Even though it may seem like you could get a free insurance policy, you won’t be that lucky. Any qualifying discounts will reduce the cost of coverage.
It’s important that you understand the factors that come into play when calculating the rates you pay for auto insurance. Having a good understanding of what determines base rates enables informed choices that will entitle you to much lower annual insurance costs.
The list below includes a partial list of the pieces auto insurance companies consider when setting prices.
Your spouse saves you money – Being married actually saves money on auto insurance. It usually means you are more mature than a single person and it’s statistically proven that married couples file fewer claims.
How’s your driving record? – Even one ticket can boost insurance rates forty percent or more. Careful drivers have lower premiums than their less careful counterparts. If you have dangerous violations such as reckless driving, hit and run or driving under the influence may find they need to file a SR-22 with the DMV in their state in order to prevent a license revocation.
Safer cars are cheaper to insure – Safer cars can get you lower premiums. Safer cars reduce injuries and better occupant protection translates into savings for insurance companies and lower rates for you. If the Volkswagen New Beetle has ratings of a minimum four stars on Safercar.gov it is probably cheaper to insure.
How credit affects auto insurance rates – Credit history is a large factor in your rate calculation. If your credit history is not that good, you could potentially save money when insuring your 2008 Volkswagen New Beetle by improving your credit score. Drivers who have excellent credit tend to be better drivers and file fewer claims than those with lower credit scores.
Younger drivers pay higher rates – Mature drivers are viewed as being more responsible, tend to cause fewer accidents and receive fewer citations. Teenage drivers are known to be more careless in a vehicle and because of this, their auto insurance rates are much higher.
When choosing coverage, there really is not a best way to insure your cars. Everyone’s situation is a little different so your insurance should reflect that For instance, these questions can aid in determining whether your personal situation could use an agent’s help.
If my 2008 Volkswagen New Beetle is totaled, can I afford another vehicle?
If you can’t answer these questions, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance companies in your area.
Insurance coverage companies such as GEICO, State Farm and Progressive constantly bombard you with ads on television and other media. They all seem to say the same thing of big savings if you switch to them. How can each company make the same claim? This is how they do it.
All companies have a preferred profile for the driver that makes them money. For example, a profitable customer might be profiled as between the ages of 40 and 55, owns a home, and has a high credit rating. Any new insured who matches those parameters will qualify for the lowest rates and therefore will cut their rates substantially.
Consumers who are not a match for the requirements will be quoted a more expensive rate and this can result in the customer not buying. The ad wording is “customers who switch” not “everybody who quotes” save that much. That is how insurance companies can confidently state the savings.
This emphasizes why you absolutely need to compare many company’s rates. It is impossible to predict which insurance companies will have the lowest Volkswagen New Beetle insurance rates.
Knowing the specifics of insurance helps when choosing the best coverages at the best deductibles and correct limits. Insurance terms can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverages offered by insurance companies.
Med pay and PIP coverage reimburse you for short-term medical expenses like nursing services, doctor visits, funeral costs and X-ray expenses. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover both the driver and occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
Comprehensive can pay for things like theft, hitting a bird and falling objects. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Liability insurance protects you from damage or injury you incur to other’s property or people that is your fault. This coverage protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 that means you have $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.
Liability coverage protects against claims like court costs, structural damage, repair costs for stationary objects, emergency aid and funeral expenses. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.
This coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Volkswagen New Beetle.
Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Normally the UM/UIM limits are set the same as your liablity limits.
Collision coverage covers damage to your New Beetle caused by collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims such as sideswiping another vehicle, colliding with a tree and crashing into a building. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.
We just presented many tips how you can get a better price on 2008 Volkswagen New Beetle insurance. It’s most important to understand that the more quotes you get, the better likelihood of reducing your rate. You may even discover the best prices are with the least-expected company. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate and Progressive.
Affordable insurance is definitely available online as well as from independent agents, so compare prices from both to have the best rate selection. Some companies don’t offer you the ability to get quotes online and these regional insurance providers work with independent agents.