Three Step Guide to Cheaper Volkswagen Cabriolet Insurance
If searching for lower car insurance rates was a good time, we'd have no problem finding the best rate. But the reality is, it's a chore for most people and we seem to always end up paying more than we want to. You might feel the same pain when having to pay the bill on your Volkswagen Cabriolet.
Step One: Compare Rates from Multiple Companies
The old-fashioned method of shopping for car insurance included visiting several local insurance agents and being on the receiving end of a hard sell tactic. Times have changed!
Almost every car insurance company now offers online quotes, and you can actually get insurance quotes for a Volkswagen Cabriolet without even visiting their websites!
Take the first step by clicking the link below. By answering a few questions you'll be able to compare rates quickly and easily.
Apples-to-Apples! When doing comparison quotes for your Cabriolet, it's very important that you use the same liability limits and physical damage deductibles on each quote. Otherwise you will not be able to accurately determine which company has the lowest rates.
Step Two: How to Insure your Cabriolet for Less
What you actually pay to insure your Volkswagen is determined by many factors, some of which you have no control over.
- Many insurance companies will give you a small discount if you've recently completed a driver's training course.
- If you are a senior citizen or belong to a particular professional organization, you may qualify for a break on insurance.
- The easiest way to INCREASE your car insurance rates is to add a teenage driver to your policy. There aren't many ways to prevent a rate increase, but if you can rate them on an older vehicle, it can help.
- If you have tended to file small claims with your car insurance company in the past, you're most likely going to pay higher premiums in the future. Consider paying minor claims out-of-pocket instead of blemishing your claim history.
- Check your credit rating each year and address any problem areas. Higher credit scores mean lower car insurance rates.
- If you rent rather than own a home, you may be paying more for car insurance. Homeowners often get lower rates.
- You can save money on your physical damage coverage (comprehensive and collision) by increasing your deductibles. Higher deductibles mean you are willing to pay more before the insurance company covers a claim.
- If your Volkswagen is equipped with safety features such as airbags, anti-lock brakes or a security system, insurance companies will often give a minor discount for those.
- If you have a speeding ticket or other moving violation, you could be charged more for insurance. If you get a ticket, find out if your county or state offers a defensive driving course that will void the ticket upon completion.
- Having any gaps in coverage (known as a lapse) is bad in the eyes of any insurance company. Make sure you keep coverage in force at all times by synchronizing the expiration and effective dates of your policies.
- Vehicle thefts drive up the cost of everyone's insurance, but if your Cabriolet is on the list of the most frequently stolen cars, you might be paying just a little extra.
Step Three: Choose the Right Company for You
Once you have compared identical rate quotes for your Cabriolet and made a decision on deductibles, coverages and other policy options, you are ready to buy your policy with the new company.
Car insurance policies don't have to be cancelled at the renewal date, but just be sure the new policy starts the same day you cancel your old policy. This avoids any gaps in coverage between policies.
If this is a new policy with only the Volkswagen on it, be sure to have coverage before leaving the dealership or car lot. If you're adding it to an existing policy, you have anywhere from 15 to 30 days depending on the company. The coverage extended to an add-on vehicle is only as good as the coverage on existing vehicles, so if none of your current insured vehicles have full coverage, your new Cabriolet won't have it either. So in that case, it's important to call your agent or company directly from the dealership and have them bind coverage immediately.
Your insurance company will provide you with proof-of-insurance forms to keep in your vehicle. It's required by state law to carry at least the state minimum liability limits. If you are required to file an SR-22 with your state, your new insurance company will take care of that for you. If you cancel your coverage for any reason, you risk the loss of your driver's license.
Other Insurance Resources
For more information on car insurance topics like the claims process, rental car insurance and how much coverage you need, visit the Insurance Information Institute website.