Scraping up a payment for high-priced Volkswagen Golf insurance in Aurora can draw down your savings account and force you to make sacrifices.
Sadly, the vast majority of auto insurance customers have remained with the same auto insurance company for a minimum of four years, and almost half have never even compared quotes to find affordable rates. Aurora drivers could save themselves about $610 a year by just shopping around, but they don't invest the time required to compare rate quotes. Lots of insurers contend to insure your vehicles, so it's not easy to compare every company and get the definite best price available on Volkswagen Golf insurance in Aurora.
If you have coverage now or need a new policy, you will benefit by learning to get lower rates and possibly find even better coverage. Buying the cheapest car insurance in Aurora is much easier if you know where to start. Vehicle owners just need to know the tricks to get comparison rates instantly.
Low-cost companies for Volkswagen Golf insurance in Colorado
The companies in the list below are ready to provide free quotes in Aurora, CO. If multiple companies are listed, we recommend you visit several of them to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Golf 2.5 2-Dr Hatchback||$234||$528||$368||$22||$110||$1,262||$105|
|Golf 2.5 4-Dr Hatchback||$216||$340||$460||$28||$138||$1,182||$99|
|Golf 2.0T Turbo Diesel 2-Dr Hatchback||$226||$460||$362||$22||$108||$1,178||$98|
|Golf 2.0T Turbo Diesel 4-Dr Hatchback||$334||$740||$426||$26||$128||$1,654||$138|
|Get Your Own Custom Quote Go|
Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Table data does not factor in the specific area where the vehicle is garaged which can affect coverage rates noticeably.
Auto insurance rates by age and gender
The example below shows the difference between Volkswagen Golf insurance costs for male and female drivers. The premiums assume no claims, a clean driving record, full coverage, $100 deductibles, single marital status, and no policy discounts are applied.
Higher deductibles lower rates
The chart below highlights how deductible choice and can affect Volkswagen Golf insurance prices for different insured age categories. The data is based on a single female driver, comp and collision included, and no discounts are applied.
Liability only or full coverage
The chart below shows the difference between Volkswagen Golf yearly insurance costs with full physical damage coverage compared to only buying liability only. The price estimates are based on no driving violations, no at-fault accidents, $100 deductibles, married female driver, and no discounts are factored in.
When to buy liability coverage only
There is no clear-cut formula of when to drop physical damage coverage, but there is a general guideline you can use. If the yearly cost of full coverage is 10% or more of any settlement you would receive from your insurance company, then it might be time to buy liability only.
For example, let's say your Volkswagen Golf replacement value is $3,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, you would only receive $2,000 after paying the physical damage deductible. If you are paying more than $200 a year for comprehensive and collision coverage, then it could be time to drop full coverage.
There are some cases where only buying liability is not a good idea. If you haven't satisfied your loan, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not buy liability only.
Slash rates with these discounts on Volkswagen Golf insurance in Aurora
Car insurance is easily one of your largest bills, but you might already qualify for some discounts to help bring down the price. Some discounts apply automatically when you get a quote, but some need to be specifically requested before you get the savings.
- Payment Discounts - By making one initial payment instead of making monthly payments you could save up to 5%.
- Bundle and Save - If you have multiple policies with one company you could get a discount of as much as 10 to 15 percent.
- Early Switch Discount - A few larger companies allow discounts for buying a new policy prior to the expiration date on your current Golf insurance policy. It's a savings of about 10%.
- Club Memberships - Affiliation with qualifying employment or professional organizations is a good way to get lower rates when shopping for car insurance.
- New Car Discount - Buying coverage on a new vehicle can cost up to 25% less because new vehicles are generally safer.
- Paperwork-free - A handful of larger companies provide a small discount simply for signing over the internet.
As a footnote on discounts, most discounts do not apply to the entire cost. Some only apply to the cost of specific coverages such as medical payments or collision. So despite the fact that it appears all those discounts means the company will pay you, it doesn't quite work that way.
For a list of insurance companies that offer many of these discounts in Colorado, click here to view.
Smart Buyers Save Every Year
One of the most helpful ways to save on auto insurance is to to have a grasp of some of the factors that are used to determine your policy premiums. If you understand what determines base rates, this enables informed choices that will entitle you to cheaper rates. Lots of things are used in the calculation when premium rates are determined. A few of the factors are predictable such as your driving record, but other criteria are more transparent such as your credit history or how financially stable you are.
Teenage drivers cost more - More mature drivers are shown to be more cautious, statistically cause fewer accidents, and are safer drivers.Beginning drivers have a tendency to get distracted easily when driving with friends so they pay higher auto insurance rates.
Cheaper rates using alarms and GPS tracking - Choosing to buy a car that has an advanced theft prevention system can get you a discount on your auto insurance. Theft prevention devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems help track and prevent car theft.
Bundle and save - Many companies give lower prices to people who have multiple policies with them, otherwise known as a multi-policy discount. Even with this discount, it's always a smart idea to compare other company rates to ensure the best deal.There is a chance you can find a better deal by splitting coverages up.
Costs are impacted by vehicle performance - The performance of the car you own makes a huge difference in your rates. The most favorable rates will generally be found on small economy passenger models, but there are many factors that impact the final cost. Since the Volkswagen Golf falls in the compact car class, insuring your vehicle will cost the same to a little lower than the average rate where you live in Aurora.
Insurance losses for a Volkswagen Golf - Companies analyze the history of losses in order to profitably underwrite each model. Vehicles that have higher frequency or amount of claims will have higher premium rates. The data below shows the loss history for Volkswagen Golf vehicles.
For each policy coverage, the claim probability for all vehicles averaged together is a value of 100. Values below 100 indicate a favorable loss history, while percentages above 100 point to more frequent losses or an increased probability of a larger loss.
Volkswagen Golf Insurance Loss Statistics
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Shop online but buy locally
A small number of people just want to talk to a local agent and there is nothing wrong with that. Professional insurance agents can help you choose the best coverages and help submit paperwork. A good thing about comparing insurance prices online is you may find the lowest rates and also buy local.
To find an agent, once you fill out this simple form, your insurance coverage information gets sent to insurance agents in Aurora that give free quotes to get your business. You won't even need to leave your house since price quotes are sent to you. In the event you want to get a rate quote from one company in particular, feel free to visit that company's website and fill out the quote form the provide.
Finding the right provider is decision based upon more than just a cheap quote. These are some questions your agent should answer.
- If you raise deductibles, how much can you save?
- Do the agents have professional certifications like CPCU or CIC?
- Do they have any clout with companies to ensure a fair claim settlement?
- How long has their agency been open in Aurora?
- Does the quote include credit and driving reports?
- Is the agency covered by Errors and Omissions coverage?
If you prefer to buy insurance from a local Aurora insurance agent, there are a couple of different types of agencies and how they work. Insurance agents in Aurora are classified as either exclusive or independent agents depending on their company appointments. Either one can properly insure your vehicles, but it's good to learn the subtle differences since it could factor into buying decisions.
Exclusive Insurance Agents
Agents in the exclusive channel can only quote rates from one company and some examples include AAA, State Farm, Farmers Insurance, and Allstate. These agents are unable to provide other company's prices so it's a take it or leave it situation. Exclusive agents are usually quite knowledgeable in insurance sales and that enables them to sell even at higher rates.
Below is a short list of exclusive agencies in Aurora that can give you price quotes.
These type of agents do not sell for just one brand so they have the ability to put coverage with many different companies and find you the best rates. If they find a cheaper price, the agent simply finds a different carrier and you won't have to switch agencies. If you need lower rates, you definitely need to include at a minimum one independent agency for the best price selection.
Shown below are Aurora independent insurance agents that are able to give price quote information.
BUD JUDY AGENCY, INC. (INDEPENDENT INSURANCE AGENCY)
2222 S Fraser St Unit 4 - Aurora, CO 80014 - (303) 368-5839 - View Map
Quote more and you will save more
We've covered a lot of techniques to lower your Volkswagen Golf insurance rates in Aurora. The key concept to understand is the more providers you compare, the better your chances of lowering your car insurance rates. You may even be surprised to find that the lowest rates are with the least-expected company. These smaller insurers may cover specific market segments cheaper compared to the large companies like State Farm and Allstate.
When searching for the cheapest Volkswagen Golf rate quotes, it's a bad idea to sacrifice coverage to reduce premiums. There have been many cases where an accident victim reduced comprehensive coverage or liability limits and learned later that their decision to reduce coverage ended up costing them more. Your strategy should be to purchase plenty of coverage at the best price but still have enough coverage for asset protection.
Additional insurance information can be found below:
- Booster Seat Ratings (iihs.org)
- What Auto Insurance is Cheapest in Pueblo, Colorado? (FAQ)
- How Much is Colorado Auto Insurance for a Chevrolet Silverado? (FAQ)
- What Car Insurance is Cheapest for 17 Year Olds in Colorado? (FAQ)
- How Much is Auto Insurance for Hybrid Vehicles in Colorado? (FAQ)
- Who Has Affordable Auto Insurance Rates for High Mileage Drivers in Colorado? (FAQ)
- Rental Car Insurance Tips (Insurance Information Institute)
- Child Safety FAQ (iihs.org)
- What is a Telematics Device? (Allstate)