How to Save on Honolulu Volkswagen Golf Insurance

Comparing Honolulu auto insurance quotes online can be a challenge if you are a beginner to online auto insurance quotes. But don’t be intimidated because we’re going to show you how to find cheaper Volkswagen Golf in Honolulu.

Insurance for Volkswagen GolfEveryone knows that auto insurance companies don’t want you comparing rates. Drivers who compare rates annually are very likely to buy a different policy because they have good chances of finding a lower-priced policy. A survey found that consumers who made a habit of comparing rate quotes saved about $3,400 over four years compared to drivers who never compared rates.

If finding discount rates on insurance is your ultimate goal, then having an understanding of the best ways to find and compare cheaper coverage can help make the process easier.

It’s smart to price shop coverage every six months because auto insurance prices go up and down regularly. Just because you had the best deal on Volkswagen Golf insurance in Honolulu last year there is a good chance you can find better rates now. You can find a lot of wrong information about Golf insurance on the web, but we’re going to give you some of the best techniques to put money back in your pocket.

Our goal is to help educate you on the most effective way to quote insurance and some tricks to saving. If you are already insured, you will surely be able to buy cheaper auto insurance using these methods. Although Hawaii car owners need to have an understanding of how insurance companies determine prices.

There are several ways to get quotes from different Honolulu insurance companies. The quickest method to comparison shop is to get quotes online.

Just keep in mind that getting more free quotes increases your odds of finding better pricing. Some regional insurers cannot provide online price quotes, so you need to compare price quotes from them, too.

The following companies can provide comparison quotes in Hawaii. If multiple providers are shown, it’s highly recommended you get rate quotes from several of them to get the lowest price.

Volkswagen Golf insurance analysis

The data table displayed below showcases a range of policy rates for Volkswagen Golf models. Knowing how insurance policy premiums are determined can be of help when making informed purchases.

Volkswagen Golf Insurance Rates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Golf 2.5 2-Dr Hatchback $152 $302 $272 $16 $82 $824 $69
Golf 2.5 4-Dr Hatchback $170 $302 $272 $16 $82 $842 $70
Golf 2.0T Turbo Diesel 2-Dr Hatchback $170 $346 $272 $16 $82 $886 $74
Golf 2.0T Turbo Diesel 4-Dr Hatchback $170 $302 $272 $16 $82 $842 $70
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Data rating is based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Hawaii minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Rate quotes do not factor in specific Honolulu garaging location which can increase or decrease coverage rates considerably.

Rate comparison for different deductibles

One of the more difficult decisions when buying auto insurance is which deductibles should you choose. The data tables below can help you understand how much more you’ll pay between high and low policy deductibles. The first rate quote example uses a $100 physical damage deductible and the second price grid uses a $500 deductible.

Volkswagen Golf insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Golf 2.5 2-Dr Hatchback $228 $484 $264 $16 $80 $1,097 $91
Golf 2.5 4-Dr Hatchback $258 $484 $264 $16 $80 $1,127 $94
Golf 2.0T Turbo Diesel 2-Dr Hatchback $258 $558 $264 $16 $80 $1,201 $100
Golf 2.0T Turbo Diesel 4-Dr Hatchback $258 $484 $264 $16 $80 $1,127 $94
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Volkswagen Golf insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Golf 2.5 2-Dr Hatchback $166 $328 $264 $16 $80 $854 $71
Golf 2.5 4-Dr Hatchback $188 $328 $264 $16 $80 $876 $73
Golf 2.0T Turbo Diesel 2-Dr Hatchback $188 $378 $264 $16 $80 $926 $77
Golf 2.0T Turbo Diesel 4-Dr Hatchback $188 $328 $264 $16 $80 $876 $73
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Table data does not factor in vehicle location which can increase or decrease prices substantially.

Based on the above data, using a $100 deductible costs approximately $21 more each month or $252 for a full year than buying the higher $500 deductible. Due to the fact that you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you normally average more than 19 months between claim filings, you would probably come out ahead if you elect the higher deductible. Below is a better example of how you can perform this determination yourself.

Average monthly premium for $100 deductibles: $95
Average monthly premium for $500 deductibles (subtract): – $74
Monthly savings from raising deductible: $21
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $21
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 19 months

Auto insurance premiums by gender

The example below illustrates the comparison of Volkswagen Golf annual premium costs for male and female drivers. The data is based on no accidents or driving violations, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no discounts are taken into consideration.

How much more does full coverage cost in Honolulu?

The information below illustrates the comparison of Volkswagen Golf insurance premiums when comparing full coverage to liability only. The information is based on no violations or claims, $1,000 deductibles, single status, and no additional discounts are factored in.

Are you wasting money on full coverage?

There is no definitive formula to drop physical damage coverage on your policy, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than 10% of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.

For example, let’s assume your Volkswagen Golf claim settlement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $2,000 after the deductible is paid. If it’s costing in excess of $200 a year for your policy with full coverage, then it may be the right time to buy liability only.

There are a few cases where buying only liability insurance is not in your best interest. If you still have a loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not eliminate full coverage.

Three good reasons to insure your vehicle

Even though it’s not necessarily cheap to insure a Volkswagen in Honolulu, insurance serves an important purpose.

The benefits of insuring your Golf definitely exceed the cost, particularly if you ever have a claim. An average driver in America overpays more than $800 each year so shop around each time the policy renews to ensure rates are inline.

Auto insurance policy discounts you can’t miss

Some insurers don’t always publicize all available discounts in an easy-to-find place, so the list below contains both well-publicized and also the lesser-known discounts that you can inquire about if you buy Honolulu auto insurance online.Discount auto insurance

We need to note that most discounts do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like medical payments or collision. Even though it appears it’s possible to get free car insurance, you aren’t that lucky.

The diagram below compares Volkswagen Golf insurance rates with and without discounts applied to the policy rates. The prices are based on a female driver, no violations or claims, Hawaii state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, claim-free, safe-driver, homeowner, and multi-car discounts applied.

A list of auto insurance companies and some of their more popular discounts can be found below.

Double check with each company or agent which discounts they offer. Depending on the company, some discounts may not be available in Honolulu. If you would like to choose from a list of insurance companies who offer discounts in Honolulu, follow this link.

Get rate quotes but still have a neighborhood Honolulu auto insurance agent

Certain consumers still prefer to sit down and talk to an agent and that can be a smart move One of the benefits of comparing rates online is that drivers can save money and get the lowest rates and still buy from a local agent. Putting coverage with local agents is especially important in Honolulu.

Insurance agency in HonoluluTo make it easy to find an agent, after completing this quick form, the coverage information gets sent to participating agents in Honolulu who want to provide quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to contact an agency as quotes are delivered directly to you. You can get cheaper auto insurance rates and a licensed agent to talk to. If you wish to get a price quote from a particular provider, you can always find their quoting web page and give them your coverage information.

Selecting an insurer should depend on more than just the bottom line cost. Here are some questions to ask:

Once you have good responses to your questions and the cheapest Volkswagen Golf insurance in Honolulu quotes, you may have found an insurer that is professional and can properly service your auto insurance policy.

Car insurance coverages for a Volkswagen Golf

Learning about specific coverages of your policy aids in choosing which coverages you need for your vehicles. Auto insurance terms can be ambiguous and nobody wants to actually read their policy.

Collision – Collision insurance pays for damage to your Golf from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like crashing into a ditch, damaging your car on a curb, colliding with another moving vehicle and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to increase the deductible on your Golf to bring the cost down.

Auto liability – This will cover injuries or damage you cause to other people or property. This coverage protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 20/40/10 which means $20,000 in coverage for each person’s injuries, $40,000 for the entire accident, and a total limit of $10,000 for damage to vehicles and property. Occasionally you may see a combined limit which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims such as repair bills for other people’s vehicles, funeral expenses and medical services. The amount of liability coverage you purchase is your choice, but buy higher limits if possible. Hawaii state minimum liability requirements are 20/40/10 but drivers should carry better liability coverage.

The illustration below shows why the minimum limit may not be adequate coverage.

Insurance for medical payments – Med pay and PIP coverage kick in for short-term medical expenses such as dental work, rehabilitation expenses and X-ray expenses. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Uninsured Motorist or Underinsured Motorist insurance – This coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Volkswagen Golf.

Since a lot of drivers carry very low liability coverage limits (20/40/10 in Hawaii), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive coverage (or Other than Collision) – This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things like damage from flooding, a tree branch falling on your vehicle and hail damage. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Shop around and save

In this article, we presented a lot of information how to find affordable Volkswagen Golf insurance in Honolulu. The most important thing to understand is the more companies you get premium rates for, the higher the chance of saving money. Drivers may even discover the lowest car insurance rates are with the least-expected company.

Drivers change insurance companies for any number of reasons including an unsatisfactory settlement offer, lack of trust in their agent, questionable increases in premium and not issuing a premium refund. It doesn’t matter why you want to switch finding a new auto insurance company is easier than you think.

When buying insurance coverage, you should never reduce needed coverages to save money. There have been many cases where consumers will sacrifice physical damage coverage and learned later that the savings was not a smart move. The ultimate goal is to buy the best coverage you can find at an affordable rate but still have enough coverage for asset protection.

How to buy lower priced Volkswagen Golf insurance in Honolulu

The preferred way to get low-cost Volkswagen Golf insurance in Honolulu is to regularly compare price quotes from different companies in Hawaii. Rates can be compared by completing these steps.

First, get an understanding of how companies set rates and the measures you can take to lower rates. Many risk factors that increase rates like accidents, traffic tickets, and a negative credit history can be amended by making lifestyle changes or driving safer.

Second, compare price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can give quotes from a single company like GEICO or Allstate, while independent agencies can provide price quotes from multiple sources. Compare rates now

Third, compare the new rate quotes to your current policy premium to see if you can save by switching companies. If you can save some money, make sure there is no lapse in coverage.

Fourth, give notification to your agent or company of your decision to cancel your current car insurance policy. Submit any necessary down payment along with the completed application for your new coverage. Once the paperwork is finalized, store the certificate verifying coverage in your vehicle’s glove compartment or console.

The most important part of shopping around is that you’ll want to make sure you compare the same coverage limits and deductibles on every price quote and and to get prices from as many car insurance companies as possible. This enables a fair rate comparison and plenty of rates choose from.

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