If you want to save money, the best way to get the cheapest Volkswagen Golf insurance is to regularly compare quotes from insurance carriers who provide car insurance in Lincoln. Rates can be compared by completing these steps.
- Try to learn about policy coverages and the things you can change to prevent high rates. Many policy risk factors that are responsible for high rates such as your driving record and a negative credit score can be controlled by making minor changes to your lifestyle. This article provides additional tips to prevent high rates and find discounts that may have been missed.
- Request price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from one company like Progressive or Allstate, while agents who are independent can provide prices from multiple companies.
- Compare the new rate quotes to your existing coverage to see if a cheaper rate is available in Lincoln. If you find a better price and change companies, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Provide notification to your current company of your intent to cancel your current policy. Submit payment and a signed application to the new company. Once the paperwork is finalized, safely store the certificate verifying coverage in your glove compartment.
One bit of advice is to make sure you enter the same level of coverage on each price quote and and to get price estimates from all possible companies. This enables the most accurate price comparison and a complete rate analysis.
Astonishing but true, the vast majority of auto insurance customers have been with the same company for four years or more, and almost 40% of drivers have never even compared quotes to find affordable rates. Drivers in Lincoln could save an average of as much as $388 each year, but most tend to underestimate how much they could save if they changed companies.
Cheaper rates on Volkswagen Golf insurance in Lincoln with these nine car insurance discounts
Some providers don’t always publicize every discount available very well, so the following is a list of a few of the more well known and the more hidden credits available to bring down your rates.
- Discount for Multiple Policies – If you can bundle your homeowners and auto insurance and insure them both with the same insurance company you could get a discount of at least 10% off all policies.
- Paper-free Discount – Certain larger companies provide a small discount for signing up on the internet.
- Braking Control Discount – Cars and trucks with ABS braking systems or traction control have fewer accidents and therefore earn up to a 10% discount.
- Low Miles Discount – Low annual miles could earn lower prices due to less chance of an accident.
- Anti-theft System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are stolen with less frequency and therefore earn up to a 10% discount.
- Life Insurance Discount – If the company offers life insurance, you could get a lower price if you buy a life insurance policy as well.
- Student Discounts – Maintaining excellent grades may save you up to 25%. The discount lasts until age 25.
- Telematics Data – Drivers that enable companies to scrutinize vehicle usage by using a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive could save a few bucks as long as the data is positive.
- Cautious Driver Discount – Insureds without accidents may receive a discount up to 45% than less cautious drivers.
Consumers should know that many deductions do not apply to the entire cost. The majority will only reduce the cost of specific coverages such as comp or med pay. So despite the fact that it appears you would end up receiving a 100% discount, companies wouldn’t make money that way.
The example below compares Volkswagen Golf auto insurance costs with and without policy discounts. The price estimates are based on a male driver, no violations or accidents, Nebraska state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, homeowner, safe-driver, multi-car, and multi-policy discounts applied.
To view companies with significant discounts in Nebraska, click here.
Buy Lincoln Volkswagen Golf insurance online
Most major insurance companies like Allstate, GEICO and Progressive make it easy to get insurance quotes directly from their websites. Comparing Volkswagen Golf insurance rates online doesn’t take a lot of time as you just enter the coverage amounts you desire as detailed in the form. Upon sending the form, their rating system requests credit information and your driving record and provides a quote based on many factors.
The ability to get online quotes for Volkswagen Golf insurance in Lincoln makes it simple to compare prices and it’s absolutely necessary to compare as many rates as possible in order to get a better rate.
To save time and find out how much you can save on auto insurance, consider comparing rates from the companies shown below. If you currently have coverage, we recommend you replicate the coverage information just like they are on your policy. This helps ensure you will get comparison quotes based on the exact same insurance coverage.
The companies shown below offer price comparisons in Lincoln, NE. If you want to find cheap auto insurance in Lincoln, it’s highly recommended you compare several of them to get a more complete price comparison.
Volkswagen Golf coverage analysis
The rate table displayed next highlights detailed analysis of insurance rates for Volkswagen Golf models. Being more informed about how insurance prices are calculated is important for drivers to make smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Golf 2.5 2-Dr Hatchback | $180 | $390 | $288 | $18 | $86 | $962 | $80 |
| Golf 2.5 4-Dr Hatchback | $204 | $390 | $288 | $18 | $86 | $986 | $82 |
| Golf 2.0T Turbo Diesel 2-Dr Hatchback | $204 | $450 | $288 | $18 | $86 | $1,046 | $87 |
| Golf 2.0T Turbo Diesel 4-Dr Hatchback | $204 | $390 | $288 | $18 | $86 | $986 | $82 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Nebraska minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Information does not factor in specific garaging location which can change auto insurance rates substantially.
Deductible comparison
When buying insurance, a common question is which comprehensive and collision deductibles to buy. The rates shown below can help show the premium difference when you choose different physical damage deductibles. The first data table uses a $100 deductible for comprehensive and collision coverage and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Golf 2.5 2-Dr Hatchback | $258 | $548 | $300 | $18 | $90 | $1,239 | $103 |
| Golf 2.5 4-Dr Hatchback | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| Golf 2.0T Turbo Diesel 2-Dr Hatchback | $292 | $632 | $300 | $18 | $90 | $1,357 | $113 |
| Golf 2.0T Turbo Diesel 4-Dr Hatchback | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Golf 2.5 2-Dr Hatchback | $188 | $370 | $300 | $18 | $90 | $966 | $81 |
| Golf 2.5 4-Dr Hatchback | $212 | $370 | $300 | $18 | $90 | $990 | $83 |
| Golf 2.0T Turbo Diesel 2-Dr Hatchback | $212 | $428 | $300 | $18 | $90 | $1,048 | $87 |
| Golf 2.0T Turbo Diesel 4-Dr Hatchback | $212 | $370 | $300 | $18 | $90 | $990 | $83 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Estimates do not factor in specific Lincoln garaging location which can revise auto insurance rates greatly.
Based on the figures above, using a $100 deductible could cost the average driver approximately $23 more each month or $276 annually than quoting the higher $500 deductible. Due to the fact that you would have to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you have more than 17 months between claim filings, you would more than likely save some money by going with a higher deductible.
How to calculate if higher deductibles make sense
| Average monthly premium for $100 deductibles: | $107 |
| Average monthly premium for $500 deductibles (subtract): | – $84 |
| Monthly savings from raising deductible: | $23 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $23 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
One important caveat is that increasing deductibles to lower your rates results in having to pay to pay more out-of-pocket when you do file a claim. You need to make sure you have enough disposable savings in the event you have to pay the deductible to have repairs made.
The diagram below shows how choosing a deductible and can influence Volkswagen Golf yearly insurance costs for each age group. The rates are based on a married female driver, comprehensive and collision coverage, and no additional discounts are factored in.
Are insurance agencies obsolete?
A small number of people still like to sit down and talk to an agent and doing that can be a smart decision Agents can help determine the best coverages and help in the event of a claim. A nice benefit of comparing rate quotes online is you can get lower premium rates but still work with a licensed agent. Buying insurance from local insurance agencies is still important in Lincoln.
Upon completion of this form (opens in new window), your information is immediately sent to agents in your area that can provide free Lincoln car insurance quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to search for any insurance agencies because prices are sent immediately to you. If you need to get a price quote from a particular provider, you just need to visit that company’s website and fill out their quote form.
Different types of Lincoln auto insurance agents
When looking for a local agent, there are two different types of agencies from which to choose. Insurance policy providers are considered either independent agents or exclusive agents. Both types of agents can do a good job, but it is important to understand the subtle differences because it may have an impact on the selection process.
Independent Insurance Agents
These type of agents do not write with just one company so they can write business through lots of different companies and find the cheapest rate. If they quote lower rates, they can switch companies in-house without you having to go to a different agency.
When comparing insurance rates, we recommend you check rates from at least one independent agent to have the most options to choose from. Most also write with small regional insurance companies that can offer cheaper rates than bigger companies.
Featured below are independent agencies in Lincoln that may be able to give rate quotes.
- Barney Insurance-Lincoln
701 N 48th St – Lincoln, NE 68504 – (402) 467-4633 – View Map - Advantage Insurance Agency
505 N 27th St #2 – Lincoln, NE 68503 – (402) 484-5454 – View Map - Davidson Insurance
5101 N 27th St – Lincoln, NE 68521 – (402) 465-1167 – View Map
Exclusive Insurance Agents
Exclusive agencies work for only one company like State Farm, Allstate and AAA. Exclusive agents cannot place coverage with different providers so you need to shop around if the rates are high. Exclusive agents receive extensive training on sales techniques which helps them sell insurance even at higher premiums. Consumers sometimes buy insurance from these agents mainly due to the brand name rather than low price.
The following are Lincoln exclusive agencies that can give you price quote information.
- Solomon Halim – State Farm Insurance Agent
4007 S 48th St – Lincoln, NE 68506 – (402) 486-3839 – View Map - Karen Williams – State Farm Insurance Agent
233 N 48th St o – Lincoln, NE 68504 – (402) 434-6050 – View Map - Paul Johnson – State Farm Insurance Agent
5533 S 27th St #204 – Lincoln, NE 68512 – (402) 420-2288 – View Map
Choosing an auto insurance agent needs to be determined by more than just the quoted price. Any agent in Lincoln should be forthright in answering these questions:
- Will the agent help in case of a claim?
- Which companies do they recommend if they are an independent agency?
- Is there a local claims center in Lincoln?
- Will they make sure you get an adequate claim settlement?
- Does the agency have a good rating with the Better Business Bureau?
- Where would glass claims be handled in Lincoln?
Why you need quality insurance for your Volkswagen Golf
Despite the potentially high cost of Volkswagen Golf insurance, car insurance is required for several reasons.
- Almost all states have compulsory liability insurance requirements which means you are required to buy a minimum amount of liability insurance coverage in order to get the vehicle licensed. In Nebraska 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 you have a loan on your vehicle, it’s guaranteed your bank will require you to have insurance to guarantee loan repayment. If you do not pay your insurance premiums, the lender will be forced to insure your Volkswagen for a much higher rate and force you to pay for the much more expensive policy.
- Insurance safeguards both your Volkswagen Golf and your assets. It will also cover most medical and hospital costs for you, any passengers, and anyone injured in an accident. Liability insurance will also pay to defend you if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, your policy will cover the repair costs.
The benefits of buying enough insurance more than cancel out the cost, particularly when you have a large claim. In a recent study of 1,000 drivers, the average customer is overpaying more than $865 each year so it’s important to compare rates each time the policy renews to ensure rates are competitive.
Auto insurance 101
Knowing the specifics of your policy can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be confusing and coverage can change by endorsement.
Collision protection
This will pay to fix damage to your Golf caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims like sustaining damage from a pot hole, colliding with a tree, hitting a parking meter and backing into a parked car. This coverage can be expensive, so consider dropping it from lower value vehicles. It’s also possible to increase the deductible on your Golf to save money on collision insurance.
Uninsured or underinsured coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants and damage to your Volkswagen Golf.
Because many people only purchase the least amount of liability that is required (which is 25/50/25), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Frequently the UM/UIM limits are identical to your policy’s liability coverage.
Liability car insurance
Liability coverage provides protection from injuries or damage you cause to other people or property in an accident. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged property. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.
Liability insurance covers things like court costs, attorney fees, bail bonds, legal defense fees and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford. Nebraska requires minimum liability limits of 25/50/25 but you should consider buying better liability coverage.
The next chart shows why minimum state limits may not be high enough to cover claims.
Comprehensive protection
Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things such as hail damage, theft and falling objects. The highest amount your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Medical expense coverage
Personal Injury Protection (PIP) and medical payments coverage pay for bills like prosthetic devices, pain medications and ambulance fees. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage
Do the work, save more money
Insureds who switch companies do it for a variety of reasons including policy cancellation, being labeled a high risk driver, policy non-renewal or even not issuing a premium refund. It doesn’t matter what your reason, switching companies can be less work than you think.
As you prepare to switch companies, it’s not a good idea to sacrifice coverage to reduce premiums. In too many instances, someone sacrificed collision coverage and discovered at claim time that they should have had better coverage. Your goal should be to get the best coverage possible at the best cost, but do not skimp to save money.
You just read some good ideas how you can save on Volkswagen Golf insurance in Lincoln. It’s most important to understand that the more rate quotes you have, the higher your chance of finding the cheapest Volkswagen Golf rate quotes. You may even find the lowest premium rates are with some of the lesser-known companies.
Helpful articles
- Learn About Car Insurance (GEICO)
- Who Has Cheap Auto Insurance Rates After a Speeding Ticket in Lincoln? (FAQ)
- Who Has Cheap Auto Insurance for Real Estate Agents in Lincoln? (FAQ)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- Your Car has been Stolen: Now What? (Allstate)
- Auto Insurance for Teen Drivers (Insurance Information Institute)
- Help Your Teen Be a Better Driver (State Farm)