How to Reduce Your Volkswagen GLI Auto Insurance Rates

Overpriced Volkswagen GLI insurance can take a big chunk out of your savings account and force you to prioritize other expenses. Shopping your coverage around is a smart way to reduce premiums and put more money in your pocket. Drivers have so many insurers to purchase coverage from, and even though it’s nice to have multiple companies, having more insurance companies makes it harder to find a good deal.

Consumers should take time to shop coverage around periodically due to the fact that insurance rates fluctuate regularly. Even if you got the lowest price on GLI coverage a couple years back the chances are good that you can find a lower rate today. So just ignore everything you know about auto insurance because it’s time to teach you the proper way to save on auto insurance.

Discounts are great for lower rates

Insurance can be prohibitively expensive, but there could be available discounts that many people don’t even know exist. Certain discounts will be applied when you get a quote, but some may not be applied and must be asked about before you will receive the discount. If you aren’t receiving every discount available, you’re paying more than you need to.

• Organization Discounts – Participating in a qualifying organization could qualify you for a break when buying auto insurance on GLI coverage.
• Federal Employees – Simply working for the federal government can earn a discount up to 10% on GLI coverage depending on your company.
• Resident Student – Kids in college who attend school more than 100 miles from home and don’t have a car may qualify for this discount.
• Save over 55 – If you qualify as a senior citizen, you may be able to get a small decrease in premiums on GLI coverage.
• Save with a New Car – Putting insurance coverage on a new car can cost up to 25% less due to better safety requirements for new cars.
• Anti-theft System – Vehicles with anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
• Passive Restraint Discount – Cars that have air bags and/or automatic seat belt systems can get savings up to 30%.
• Pay Upfront and Save – If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.
• Own a Home – Owning a home may trigger a auto insurance policy discount due to the fact that maintaining a home shows financial diligence.

A little note about advertised discounts, most credits do not apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as comp or med pay. Just because it seems like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous. But any discount will reduce the cost of coverage.

Don’t assume everyone needs the same coverage

When choosing the right insurance coverage, there isn’t really a perfect coverage plan. Every situation is different 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.

• Do I have coverage for damage caused while driving under the influence?
• Can I drive in Mexico and have coverage?
• Do I qualify for additional discounts?
• Are my tools covered if they get stolen from my vehicle?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• How much liability coverage do I need in my state?
• What can I do if my company denied a claim?
• Do I need added coverage for expensive stereo equipment?
• Exactly who is provided coverage by my policy?

If you don’t know the answers to these questions, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.

Online quotes with a local insurance agent

Certain consumers prefer to talk to a local agent. Good agents can help determine the best coverages and help you file claims. The biggest benefit of price shopping on the web is the fact that you can find better rates but still work with a licensed agent. And supporting local businesses is important especially in smaller rural communities.

Once you complete this form (opens in new window), your coverage information is instantly submitted to local insurance agents who will return price quotes for your insurance coverage. You never need to visit any agencies since price quotes are sent straight to your inbox. How cool is that?!

Car insurance agents come in two flavors

When looking for a good insurance agent, there are a couple of types of agencies from which to choose. Agents are classified as either captive or independent. While both can do a good job, but it’s worth learning how they are different since it can impact the type of agent you choose

Independent Agencies or Brokers

These agents do not work for one specific company but rather can write business with lots of companies enabling the ability to shop coverage around. If you are not satisfied with one company, your agent can switch companies without you having to go to a different agency.

When searching for an agent, it’s a good idea to contact multiple independent agents for the best price selection.

Captive Agents

Captive insurance agents work for only one company and examples are Allstate, AAA, Liberty Mutual and State Farm. Captives cannot provide prices from multiple companies so it’s a take it or leave it situation. Captive agencies are trained well on their company’s products which helps them compete with independent agents.

For a complete listing of agencies, visit this page.

Selecting an auto insurance agent shouldn’t rely on just the price. Ask your prospective agent these questions:

• Do they have any clout with companies to ensure a fair claim settlement?
• If they are an independent agency, which companies do they recommend?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• Is vehicle damage repaired with OEM or aftermarket parts?
• If your car is totalled, how to they determine the replacement cost?
• How many years of experience in personal lines insurance coverages do they have?
• Which company do they place the most coverage with?
• Did they already check your driving record and credit reports?

After receiving positive feedback to these questions and an acceptable price quote, you’ve probably found an insurance agency that will insure your vehicles.

Save $396 a year. For real?

Drivers can’t get away from ads for the lowest price auto insurance by Progressive, GEICO, Allstate and State Farm. They all seem to make the same claim that you can save if you move to their company.

How can each company say the same thing? This is how they do it.

All companies are able to cherry pick for the type of driver that earns them a profit. An example of a driver they prefer could be over the age of 40, has no tickets, and has a short commute. A driver that hits that “sweet spot” will get the preferred rates and therefore will pay quite a bit less when switching companies.

Potential insureds who don’t qualify for these standards will be quoted more money and ends up with business not being written. The ads state “people who switch” but not “drivers who get quotes” save that much money. That’s why insurance companies can confidently claim big savings.

This emphasizes why it’s extremely important to get as many comparisons as possible. You cannot predict which auto insurance company will fit your personal profile best.

Summing up your auto insurance search

As you shop your coverage around, never skimp on critical coverages to save a buck or two. There are too many instances where an accident victim reduced liability coverage limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your strategy should be to buy a smart amount of coverage for the lowest price while not skimping on critical coverages.

Budget-conscious Volkswagen GLI insurance is attainable online in addition to many insurance agents, so you should compare both to have the best rate selection. Some insurance companies do not provide the ability to get a quote online and these regional insurance providers work with independent agents.