Volkswagen Golf Insurance Quotes in Columbus

Volkswagen Golf insurance image courtesy of QuoteInspector.com

Pricey Volkswagen Golf insurance in Columbus can overdraw your accounts and put a big crunch on your finances. Doing a rate comparison is free and is an excellent way to make sure you're not throwing money away.

It's a known fact that car insurance companies don't want policyholders to shop around. Consumers who get price comparisons are inclined to switch to a new company because they have a good chance of finding more affordable rates. A recent survey revealed that people who shopped around saved over $3,450 over four years compared to people who never shopped for cheaper rates.

If finding budget-friendly auto insurance in Columbus is your intention, then understanding how to shop for insurance rates can make it easier for you to save money.

There are many auto insurance companies to buy insurance from, and although it's a good thing to have multiple companies, more options can take longer to get the best deal for Volkswagen Golf insurance in Columbus.

To find the best auto insurance rates, there are several ways to compare rate quotes from many auto insurance companies in Ohio. The easiest way to find affordable Volkswagen Golf insurance rates is to perform an online rate comparison.

Comparing free price quotes online is easy and it, takes the place of having to physically go to local insurance agencies. The fact that you can get quotes online eliminates this option unless you want the extra assistance of a local agency. It is possible to get prices online but buy from a local insurance agent. Just keep in mind that comparing more quotes increases the chance that you will find better pricing.

The car insurance companies shown below have been selected to offer quotes in Ohio. If multiple companies are listed, we recommend you get price quotes from several of them in order to find the most affordable rates.

Analysis of coverages

The rate information below covers detailed analysis of insurance prices for Volkswagen Golf models. Being able to understand how insurance rates are established can assist in making decisions on which coverage to buy.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Information does not factor in specific zip code location which can alter auto insurance rates substantially.

How high should deductibles be?

One of the most common car insurance questions is where to set your physical damage deductibles. The premium rates below may aid in understanding the costs and benefits when you select higher and lower insurance deductibles. The first data set uses a $100 deductible and the second set of prices uses a $1,000 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Price estimates do not factor in specific garaging location which can raise or lower coverage rates noticeably.

Based on the above data, using a $100 deductible costs approximately $27 more each month or $324 each year averaged for all Golf models than selecting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you normally go more than 33 months between claim filings, you would more than likely save some money if you choose a higher deductible.

Male drivers compared to female drivers in Columbus

The illustration below shows the difference between Volkswagen Golf insurance costs for male and female drivers. Data assumes no accidents, no driving violations, full physical damage coverage, $250 deductibles, drivers are single, and no other discounts are factored in.

Does full coverage make sense?

The example below illustrates the difference between Volkswagen Golf insurance premiums with full coverage and liability only. The data assumes no claims or driving violations, $500 deductibles, marital status is single, and no discounts are applied to the premium.

Guidelines for eliminating full coverage

There is no written rule for excluding physical damage coverage on your policy, but there is a general guideline. If the yearly cost of full coverage is more than 10% of the vehicle's replacement cost less your deductible, then it could be time to drop full coverage.

For example, let's assume your Volkswagen Golf replacement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would receive is $8,000 after the deductible is paid. If premiums are more than $800 a year for full coverage, then you might consider buying liability only.

There are some conditions where dropping full coverage is not a good idea. If you still have a loan on your vehicle, you have to keep full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should keep full coverage on your policy.

Why you need to buy car insurance

Despite the fact that car insurance is not cheap in Columbus, car insurance serves an important purpose.

• The majority of states have compulsory liability insurance requirements which means you are required to carry specific minimum amounts of liability insurance coverage in order to drive the car. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your vehicle has a lienholder, more than likely the lender will have a requirement that you have insurance to ensure loan repayment if the vehicle is totaled. If you default on your policy, the lender will be forced to insure your Volkswagen at an extremely high rate and force you to pay a much higher amount than you were paying before.
• Car insurance protects both your assets and your Volkswagen. It will also reimburse you for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. Liability insurance also pays expenses related to your legal defense if you are sued as the result of your driving. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will pay to have it repaired.

The benefits of having car insurance outweigh the cost, particularly for liability claims. According to a 2015 survey, the average American driver overpays more than $855 a year so smart consumers compare quotes at every policy renewal to ensure rates are inline.

How You Can Control Volkswagen Golf Insurance Prices

Many factors are part of the equation when you get your auto insurance bill. Some are obvious like an MVR report, although others are more transparent like where you live or how financially stable you are.

The following are some of the most rate-impacting factors companies use to determine prices.

• Discounts for multiple policies - Most major companies afford lower prices for people that have more than one policy, otherwise known as a multi-policy discount. Even if you're getting this discount it's still a good idea to compare other company rates to help ensure you have the lowest rates. You may still be able to save even more by buying from different companies
• Poor credit rating equals high rates - Having a bad credit score is a big factor in determining your rates. Drivers who have good credit tend to be more responsible and file fewer claims than drivers with lower credit ratings. Therefore, if your credit leaves room for improvement, you could pay less to insure your Volkswagen Golf by improving your rating.

• Better drivers have lower premiums - Drivers who don't get tickets tend to pay less for car insurance than their less careful counterparts. Having just one ticket may increase your cost by twenty percent. Drivers unfortunate enough to have multiple citations such as DWI, reckless driving or hit and run convictions may need to submit a SR-22 form with their state's licensing department in order to legally drive.

  The chart below illustrates how traffic citations and at-fault fender-benders raise Volkswagen Golf insurance premiums for each age group. The prices are based on a single male driver, comp and collision included, $100 deductibles, and no discounts are applied.

• Younger drivers pay high costs - More experienced drivers are proven to be safer behind the wheel, are lower risk to insure, and are safer drivers. Drivers with little experience are proven to be easily distracted with other occupants in the car so insurance rates are higher.

  The following data assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.
• Having a spouse brings a discount - Getting married helps lower the price on your insurance bill. Having a spouse demonstrates that you tend to be more financially stable and insurance companies like that married drivers tend to have fewer serious accidents.

• Volkswagen Golf insurance claim data - Insurance companies study historical loss data to help calculate premium rates. Models that statistically have a higher amount or frequency of claims will be charged more to insure. The table below outlines the historical loss data for Volkswagen Golf vehicles.

  For each insurance policy coverage type, the claim probability for all vehicles compiled together is equal to 100. Values below 100 represent a good loss history, while values over 100 point to more losses or an increased chance of larger losses than average.

  Volkswagen Golf Insurance Loss Statistics

  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
  Statistics from IIHS.org for 2013-2015 Model Years

Keep this in mind when shopping around

You just read a lot of ways to find cheap Volkswagen Golf insurance in Columbus. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. You may even be surprised to find that the lowest prices come from a company that doesn't do a lot of advertising. Regional companies may often insure only within specific states and give better rates than their larger competitors like Allstate and Progressive.

Cheap Volkswagen Golf insurance in Columbus can be purchased online and also from your neighborhood Columbus agents, so get free Columbus auto insurance quotes from both of them in order to have the best price selection to choose from. Some insurance providers don't offer rate quotes online and usually these regional insurance providers only sell through independent insurance agents.

How to save money on Volkswagen Golf insurance in Columbus

If your goal is the lowest price, then the best way to get low-cost Volkswagen Golf insurance in Columbus is to make a habit of regularly comparing prices from different companies who provide auto insurance in Ohio.

First, get a basic knowledge of how your policy works and the measures you can control to drop your rates. Many risk factors that result in higher prices such as multiple speeding tickets and a substandard credit score can be controlled by making lifestyle changes or driving safer.

Second, compare prices from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from a single company like Progressive and State Farm, while independent agents can provide prices from multiple sources. Compare rates now

Third, compare the price quotes to your current policy to see if a cheaper rate is available in Columbus. If you find better rates and switch companies, ensure there is no coverage lapse between policies.

Fourth, give notification to your current company of your decision to cancel your current policy. Submit the application along with any required down payment to your new agent or company. As soon as coverage is bound, store the proof of insurance certificate in your vehicle.

A valuable tip to remember is to compare identical coverage information on each quote request and and to compare as many carriers as you can. This helps ensure a level playing field and a complete price analysis.

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