The Volkswagen GTI has a lot going for it when it comes to style, gas mileage, and overall affordability. At a starting price of $23,995, the Volkswagen GTI costs less that the Passat, the CC, and the GLI. This compact car gets 21-city/31 hwy mpg and the dual exhaust tips makes it the cool kid in a sea of compact cars. In addition to this, Volkswagen has you covered when to maintenance with its very own Carefree Maintenance Program and a Basic Limited Warranty. Volkswagen GTI owners dont have to worry about paying for routine check-ups for 3 years or 36,000 miles, but you will have to make some decisions when it comes to insuring your Volkswagen GTI. First, here are a few figures to consider:
According to data released by Vincentric - Data & Reports, the average auto insurance premium
for the Volkswagen GTI is approximately $1,382 for the first year of ownership. During the second year, you can expect an average premium of $1,364. For the third the average amount decreases to $1,330 and for the fourth year, the average auto insurance premium decreases to approximately $1,314.
It is important to keep in mind that these average figures do not apply to everyone. Average auto insurance rates for the Volkswagen GTI are based on the same driver age, driving record, location, and types of usage, discounts, and amount of insurance coverage. Auto insurance for this vehicle will vary greatly by driver, type of vehicle, coverage amounts, driving record, employment, and even credit history.
You must also consider your states minimum auto liability insurance requirements. This amount may be low in some states and much higher in others. For example, if you buy automobile insurance in the state of Wisconsin, your policy must include minimum liability coverage of 25/50/10. This translates to $25,000 for personal injury, $50,000 for death, and $10,000 for property damage. But in Alaska, these amounts are much higher at 50/100/25. To locate your states minimum requirements, visit your state department of insurance website for official figures. Simply search (your state) + insurance department to locate the official website address.
It is important to remember that your states minimum requirements are rarely enough to cover damages resulting from a collision. As a result, most auto insurance providers will strongly recommend purchasing higher coverages than the minimum. Opting for higher coverages than the minimum will likely raise your rates above the national average auto insurance rates for the Volkswagen GTI, but higher coverages will ensure that you are fully covered in the unfortunate event of an accident.
Fortunately, there are ways to save on auto insurance. You may take a safe driver course or defensive driver course. This could help you save up to 15%. Other ways to save include installing additional safety features on your Volkswagen GTI, adding multiple vehicles to your auto insurance policy, or combining other insurance policies such as home and life.
To get started on gathering auto insurance quotes for your Volkswagen GTI, you should locate a list of licensed auto insurance providers in your state. Searching for auto insurance providers online is quick and easy, but you should also consider searching elsewhere for unbiased sources of information about auto insurance providers. According to the National Association of Insurance Commissioners (NAIC), information is available to consumers from a number of unbiased sources. These sources include public libraries, state insurance departments, consumer groups, and consumer publications. NAIC also states that, every state insurance department has personnel available to answer questions regarding auto insurance coverage and many departments publish premium comparisons to make shopping around easier.
Before you begin shopping and comparing, please have all of your vehicle(s) identification information on hand, any certificates you may have earned, and your drivers license.
Michelle Burton is a published author and contributing editor for Auto Insurance Tips
, Trouvé Media, Internet Brands, and Publications International, Ltd.