Volkswagen Golf Insurance Rates in Charlotte

Discount Volkswagen Golf insuranceAnyone knows that car insurance companies don’t want you to compare rates. Consumers who perform rate comparisons will, in all likelihood, switch car insurance companies because there is a good chance of finding a lower-priced company. A recent car insurance study revealed that consumers who make a habit of shopping around saved an average of $3,400 over four years compared to policyholders who never shopped for cheaper rates.

If finding the cheapest price for insurance is your objective, then knowing how to compare car insurance can make the process less intimidating.

If your goal is the lowest price, then the best way to get the cheapest car insurance rates in Charlotte is to make a habit of comparing prices annually from insurers in North Carolina.

  1. Try to learn a little about how your policy works and the measures you can control to drop your rates. Many policy risk factors that are responsible for high rates like speeding tickets, careless driving and a lousy credit rating can be controlled by paying attention to minor details.
  2. Request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give prices from one company like Progressive or Allstate, while independent agents can provide prices from multiple insurance companies.
  3. Compare the new quotes to your current policy premium to see if switching to a new carrier will save money. If you can save some money and change companies, make sure there is no lapse between the expiration of your current policy and the new one.
  4. Provide written notification to your current company of your intention to cancel your current car insurance policy and submit a down payment and signed policy application for the new policy. As soon as coverage is bound, put the certificate of insurance with your vehicle’s registration.

An essential thing to point out is to try to use the same physical damage deductibles and liability limits on every quote and and to look at as many companies as possible. Doing this helps ensure an accurate price comparison and the most accurate and complete price analysis.

If you currently have a car insurance policy, you stand a good chance to be able to reduce the price you pay using the techniques presented in this article. Buying the cheapest insurance in Charlotte can really be easy if you know what you’re doing. Although North Carolina drivers can benefit by having an understanding of the way companies compete online because it varies considerably.

When shopping for Volkswagen Golf insurance in Charlotte there are multiple ways of comparing rates from local Charlotte insurance companies. By far the easiest way to find competitive Volkswagen Golf insurance rates is to perform an online rate comparison.

It’s so easy to compare rate quotes online that it makes it a waste of time to spend your day driving to different Charlotte agent offices. Doing it all online can eliminate the need for a local agent unless you’re the type of person who wants the peace of mind that only an agent can give. However, consumers can price shop your coverage online but have a local agent actually write the policy.

Keep in mind that having more price comparisons increases your odds of finding the best rates.

The providers in the list below can provide free quotes in North Carolina. To find the best car insurance in Charlotte, it’s highly recommended you visit several of them to get the best price comparison.

Rates and statistics

The table shown next covers estimates of insurance prices for Volkswagen Golf models. Being aware of how insurance prices are formulated can assist in making smart choices when comparing insurance quotes.

Volkswagen Golf Insurance Rates in Charlotte, NC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Golf 2.5 2-Dr Hatchback $186 $374 $254 $16 $76 $906 $76
Golf 2.5 4-Dr Hatchback $210 $374 $254 $16 $76 $930 $78
Golf 2.0T Turbo Diesel 2-Dr Hatchback $210 $432 $254 $16 $76 $988 $82
Golf 2.0T Turbo Diesel 4-Dr Hatchback $210 $374 $254 $16 $76 $930 $78
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Table data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Rate information does not factor in the specific area where the vehicle is garaged which can revise premium rates considerably.

Raise deductibles and save

When comparing auto insurance rates, the most common question is which deductible level should you buy. The rates below illustrate the cost difference when you choose different coverage deductibles. The first rate estimation uses a $250 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.

Volkswagen Golf insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Golf 2.5 2-Dr Hatchback $192 $382 $250 $14 $74 $937 $78
Golf 2.5 4-Dr Hatchback $218 $382 $250 $14 $74 $963 $80
Golf 2.0T Turbo Diesel 2-Dr Hatchback $218 $440 $250 $14 $74 $1,021 $85
Golf 2.0T Turbo Diesel 4-Dr Hatchback $218 $382 $250 $14 $74 $963 $80
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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 $156 $308 $250 $14 $74 $802 $67
Golf 2.5 4-Dr Hatchback $176 $308 $250 $14 $74 $822 $69
Golf 2.0T Turbo Diesel 2-Dr Hatchback $176 $354 $250 $14 $74 $868 $72
Golf 2.0T Turbo Diesel 4-Dr Hatchback $176 $308 $250 $14 $74 $822 $69
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Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Information does not factor in vehicle location which can lower or raise coverage rates considerably.

We can estimate from the data above that using a $250 deductible will cost in the ballpark of $12 more each month or $144 a year than opting for the higher $500 deductible. Since the policyholder would be required to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you normally average at least 21 months between claim filings, you would probably come out ahead going with the higher deductible.

How to calculate deductible break even period

Average monthly premium for $250 deductibles: $81
Average monthly premium for $500 deductibles (subtract): – $69
Monthly savings from raising deductible: $12
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $12
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 21 months

An important sidenote is that raising deductibles to get cheaper rates means you will have to pay more when you do file a claim. That will necessitate some funds available in order to pay the higher deductible in order to repair your vehicle.

The illustration below illustrates how choosing a deductible and can increase or decrease Volkswagen Golf insurance costs for each age group. The price estimates are based on a married male driver, comprehensive and collision coverage, and no discounts are taken into consideration.

How careless driving impacts Charlotte auto insurance rates

The information below highlights how speeding tickets and accidents influence Volkswagen Golf premium costs for different ages of insureds. The premium estimates are based on a single female driver, full coverage, $100 deductibles, and no discounts are applied to the premium.

Choosing Golf insurance is an important decision

Even though it can be expensive, maintaining insurance is a good idea for several reasons.

The benefits of having insurance definitely exceed the price paid, particularly if you ever have a claim. Today the average American driver overpays as much as $865 each year so it’s important to compare rates each time the policy renews to help ensure money is not being wasted.

Charlotte Insurance Rates are Influenced by These Factors

When buying auto insurance it’s important to understand some of the things that are used to determine the level of your policy premiums. If you have a feel for what controls the rates you pay, this allows you to make educated decisions that can earn you lower rates.

Listed below are some of the things utilized by car insurance companies to help set your prices.

Defend yourself with liability – The liability coverage on your policy kicks in in the event that you are responsible for damages from an accident. It will provide you with a defense in court to defend your case. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so do not skimp.

Premiums are high for teenagers – Older insureds are proven to be safer behind the wheel, cost insurance companies less in claims, and receive fewer citations. Drivers with little experience are statistically shown to be easily distracted when behind the wheel so they pay higher auto insurance rates.

The data below assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.

Job stress can make you pay more – Jobs such as military generals, air traffic controllers, and financial analysts tend to have higher rates than average in part from high stress levels and long work days. Other jobs like actors, athletes and performers have the lowest average rates.

The type of car makes a difference – The performance level of the vehicle you are trying to find cheaper insurance for makes a significant difference in determining your rates. Lower performance four cylinder passenger cars usually are quite affordable to insure, but there are many factors that impact the final cost.

The following chart uses these variables: married female driver age 20, full coverage with $1000 deductibles, and no discounts or violations. It compares Volkswagen Golf car insurance rates compared to other vehicles that have a range of performance risks.

When should you file claims? – Insurance companies in North Carolina give lower rates to drivers who file claims infrequently. If you are a frequent claim filer, you can definitely plan on either policy cancellation or increased premiums. Auto insurance is meant to be used in the event of claims that pose a financial burden.

Volkswagen Golf claim probability – Insurers factor in historical loss data to help set a rate to offset losses. Models that historically have a higher amount or frequency of claims will have increased rates. The data below shows the compiled insurance loss statistics for Volkswagen Golf vehicles.

For each policy coverage type, the claim probability for all vehicles averaged together is considered to be 100. Numbers below 100 indicate better than average losses, while percentage numbers above 100 indicate a higher chance of having a claim or an increased chance of a larger loss.

Insurance Loss Ratings for Volkswagen Golf Vehicles
Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Volkswagen Golf 109 97

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

Lower rate quotes with discounts

Some insurers don’t always publicize all available discounts in an easy-to-find place, so we researched a few of the more common as well as some of the hidden credits that you can use to lower your rates.Insurance discounts

One last thing about discounts, most of the big mark downs will not be given to the entire cost. Some only reduce specific coverage prices like comp or med pay. Just because you may think all those discounts means the company will pay you, insurance companies wouldn’t stay in business.

The diagram below visualizes the comparison of Volkswagen Golf insurance rates with and without discounts applied to the rates. The prices are based on a male driver, a clean driving record, no claims, North Carolina 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 claim-free, safe-driver, marriage, multi-policy, multi-car, and homeowner discounts applied.

Companies that have most of these discounts may include but are not limited to:

When getting a coverage quote, ask every company what discounts are available to you. Savings may not be offered in Charlotte.

Car insurance can be complex

Keep in mind that when it comes to choosing coverage for your vehicles, there really isn’t a “perfect” insurance plan. You are unique so your insurance needs to address that.Higher deductibles save money
These are some specific questions might point out whether or not you would benefit from professional advice.

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Car insurance is available from local insurance agents

Some consumers would prefer to talk to a local agent and doing that can be a smart decision The best thing about comparing insurance prices online is you can get better rates but still work with a licensed agent. And providing support for local agencies is especially important in Charlotte.

Insurance agents in CharlotteTo help locate an agent, after submitting this form (opens in new window), your insurance data is emailed to insurance agents in Charlotte who will give competitive quotes and help you find cheaper coverage. You won’t need to leave your computer because prices are sent straight to your inbox. You can most likely find cheaper rates and an insurance agent to talk to. If for some reason you want to compare prices from one company in particular, you would need to find their quoting web page and give them your coverage information.

If you are wanting to find a reliable insurance agency, there are two types of agencies and how they are distinctly different. Charlotte agents can be described as either exclusive or independent agents depending on their company appointments.

Independent Car Insurance Agencies or Brokers

Agents in the independent channel often have many company appointments so as a result can place your coverage with many different companies and find the cheapest rate. If you are not satisfied with one company, your policy is moved internally which requires no work on your part.

When comparing car insurance rates, you will want to include price quotes from several independent insurance agents for the best price selection.

Featured below are independent agencies in Charlotte that may be able to give free rate quotes.

9620 Monroe RdCharlotte, NC 28270(704) 644-3058View Map

7810 Ballantyne Commons Pkwy # 300Charlotte, NC 28277(704) 543-2700View Map

8820 University E Dr Ste BCharlotte, NC 28213(704) 945-2331View Map

View more Charlotte agents

Exclusive Insurance Agencies

Agents in the exclusive channel can usually just insure with one company like American Family, State Farm, and Allstate. Exclusive agents cannot shop your coverage around so if the price isn’t competitive there isn’t much they can do. Exclusive agents are trained well on the products they sell which helps them compete with independent agents.

Shown below is a list of exclusive insurance agents in Charlotte that are able to give comparison quotes.

4805 Park Rd #103Charlotte, NC 28209(704) 523-9005View Map

5811 Fairview Rd Ste 102Charlotte, NC 28209(704) 733-9022View Map

8316 Medical Plaza Dr aCharlotte, NC 28262(704) 549-1515View Map

View more Charlotte agents

Deciding on an insurance agent requires more thought than just a low price. Ask your prospective agent these questions:

Compare rates regularly to save

When searching for affordable Volkswagen Golf insurance quotes, do not sacrifice coverage to reduce premiums. There are a lot of situations where consumers will sacrifice comprehensive coverage or liability limits and learned later they didn’t purchase enough coverage. Your focus should be to find the BEST coverage at the best possible price but still have enough coverage for asset protection.

Cheaper Volkswagen Golf insurance in Charlotte can be sourced on the web as well as from insurance agents, and you need to price shop both to have the best selection. Some companies may not offer online price quotes and most of the time these small, regional companies provide coverage only through independent insurance agencies.

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