Volkswagen Golf Insurance Quotes in Lexington

If you want to save the most money, the best way to find low-cost prices for Volkswagen Golf insurance in Lexington is to make a habit of regularly comparing prices from insurers in Kentucky. You can shop around by completing these steps.

• First, get a basic knowledge of how your policy works and the measures you can control to keep rates down. Many rating criteria that result in higher prices such as traffic violations and a low credit score can be amended by improving your driving habits or financial responsibility.
• Second, get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only quote rates from a single company like GEICO and State Farm, while agents who are independent can quote prices for many different companies. Get quotes now
• Third, compare the new rate quotes to your current policy premium and see if there is a cheaper rate in Lexington. If you find a better price and decide to switch, make sure there is no coverage gap between policies.
• Fourth, give notification to your agent or company of your intent to cancel your existing policy and submit a completed application and payment for your new coverage. Once received, put the new certificate verifying proof of insurance in your vehicle.

One tip to remember is to use similar limits and deductibles on every price quote and and to get rate quotes from as many different insurance providers as possible. This ensures an apples-to-apples comparison and maximum price selection.

Inconceivable but true, over 70% of consumers renewed their policy with the same company for at least four years, and 38% of customers have never even compared quotes to find lower-cost rates. With the average premium in Kentucky being $2,134, drivers could save up to $631 every year just by getting comparison quotes, but they just don’t understand how easy it is to find lower-cost rates by getting comparison quotes.

If you have a current insurance policy or are looking for a new policy, use these techniques to get lower rates without sacrificing coverage. This article’s goal is to teach you the best way to quote coverages and how to save the most money. Smart shoppers only need to know how to compare rate quotes using one simple form.

Rates and detailed analysis

The premium information displayed below covers a range of policy rates for Volkswagen Golf models. Understanding more about how policy premiums are determined helps drivers make smart choices when buying a car insurance policy.

Prices above based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Rate information does not factor in specific zip code location which can modify prices greatly.

How high should deductibles be?

One frequently asked question is where should you set your physical damage deductibles. The rates below may aid in understanding the differences in price between low and high insurance deductibles. The first set of prices uses a $250 physical damage coverage deductible and the second price chart uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Premium amounts do not factor in specific garaging location which can alter price quotes substantially.

Based on the data above, we can derive that using a $250 deductible will cost in the ballpark of $26 more each month or $312 each year than requesting the higher $1,000 deductible. Since you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you average more than 29 months between claim filings, you would probably come out ahead if you choose a higher deductible.

The diagram below shows how different deductible levels and can increase or decrease Volkswagen Golf insurance prices for each different age group. The rates are based on a married male driver, comp and collision included, and no discounts are applied.

Good Decisions Result in Lower Insurance Prices

Lots of factors are used when you get a price on insurance. Some factors are common sense such as your driving history, but others are not quite as obvious like your continuous coverage or your vehicle rating. Part of the insurance buying process is learning some of the things that are used to determine the rates you pay for insurance. When you know what positively or negatively determines premiums, this allows you to make educated decisions that can earn you lower rates.

• Does your vocation cost you more? – Did you know that where you work can have an impact on rates? Jobs like judges, architects, and accountants tend to have higher premiums than the average policyholder due to job stress and lots of time spent at work. Other occupations such as scientists, athletes and performers have the lowest average rates.
• Deductibles are a factor – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, insures against damage to your Volkswagen. Examples of some claims that would be covered are a broken windshield, damage from fire, and burglary. Your deductibles tell how much you are willing to pay if a covered claim is submitted. The more money you are required to pay out-of-pocket, the lower your rates will be.
• Marriage discount – Your spouse may earn you lower rates on your insurance bill. Marriage may mean you are more stable financially and it’s proven that married couples file fewer claims.
• Prevent theft and save money – Choosing a vehicle that has an advanced theft prevention system can get you a discount on your insurance. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder auto theft.
• Pleasure use or commuting – Driving more miles in a year the higher your rates will be. The majority of insurers rate vehicles based on their usage. Vehicles that sit idle most of the time receive lower rates than cars that get driven a lot. A policy that improperly rates your Golf is just wasting money. Double check that your insurance declarations sheet is showing how each vehicle is driven.
• More traffic means higher claims – Being located in areas with lower population is a good thing when insuring your vehicles. Residents of big cities have to deal with traffic congestion and a longer drive to work. Fewer people means a lower chance of having an accident and also fewer theft and vandalism claims.

• Insurance loss data for Volkswagen Golf vehicles – Car insurance companies factor in historical loss data to help determine rates. Vehicles that tend to have higher number or severity of losses will have higher premium rates. The data below shows the compiled insurance loss statistics for Volkswagen Golf vehicles.

  For each insurance policy coverage type, the loss probability for all vehicles as a whole equals 100. Numbers under 100 indicate a favorable loss history, while values over 100 show a trend for more claims or tendency to have higher losses.

  
  

  Car Insurance Loss Data for Volkswagen Golf Models

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Volkswagen Golf	109		97

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

What is YOUR best insurance company?

When trying to cut insurance costs, do not reduce coverage to reduce premium. There are many occasions where an accident victim reduced collision coverage only to regret that the few dollars in savings costed them thousands. Your focus should be to get the best coverage possible at an affordable rate and still be able to protect your assets.

There are still a few companies who don’t offer online quoting and most of the time these smaller providers work with independent insurance agencies. More affordable insurance in Lexington is possible on the web as well as from independent agents in Lexington, and you should compare rates from both to have the best rate selection.

Drivers switch companies for a variety of reasons including high rates after DUI convictions, an unsatisfactory settlement offer, poor customer service and delays in paying claims. Regardless of your reason, choosing a new company is not as difficult as it may seem.

More information is available on the following sites:

• Distracted Driving (Insurance Information Institute)
• What Auto Insurance is Cheapest for Infrequent Drivers in Lexington? (FAQ)
• Who Has Affordable Car Insurance Rates for a Honda CR-V in Lexington? (FAQ)
• Who Has Affordable Car Insurance Rates for a Ford Explorer in Lexington? (FAQ)
• How Much are Auto Insurance Rates for Immigrants in Lexington? (FAQ)
• How Much is Lexington Auto Insurance for 4×4 Vehicles? (FAQ)
• Who Has Cheap Auto Insurance Quotes for State Employees in Lexington? (FAQ)
• Young Drivers: The High Risk Years Video (iihs.org)
• Side Impact Crash Tests (iihs.org)
• Teen Driver Licensing Information (iihs.org)