Cheapest Quotes for Volkswagen Golf Insurance in Miami

A recent auto insurance study discovered that the vast majority of auto insurance customers kept their coverage with the same auto insurance company for four years or more, and approximately 40% of consumers have never taken the time to shop around. The average driver in Miami could save up to 55% each year by just comparing quotes, but most just don’t grasp the big savings they would realize if they just switched companies.

Really, the only way to get budget car insurance rates in Miami is to make a habit of comparing prices annually from different companies that sell auto insurance in Florida.

1. Get an understanding of how insurance companies determine prices and the factors you can control to prevent expensive coverage. Many rating factors that result in higher prices like accidents, traffic tickets, and poor credit rating can be amended by improving your driving habits or financial responsibility.
2. Compare prices from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give prices from a single company like Progressive and State Farm, while independent agencies can provide prices from multiple sources.
3. Compare the quotes to your existing coverage and see if you can save money. If you find a lower rate quote and make a switch, verify that coverage does not lapse between policies.

An important note is to use the same liability limits and deductibles on each quote request and and to get price quotes from as many carriers as you can. This ensures a level playing field and plenty of rates choose from.

Keep in mind that having more price comparisons will increase your chances of finding more affordable rates.

The providers in the list below can provide quotes in Miami, FL. If multiple companies are listed, we recommend you visit as many as you can to get a more complete price comparison.

Get cheaper Volkswagen Golf insurance in Miami with discounts

Not many people think insurance is cheap, but you can get discounts that many consumers don’t even know exist. Some of these discounts will be visible at quote time, but a few must be specifically requested before you get the savings.

• Accident Waiver – This one is not really a discount per se, but a handful of insurance companies will forgive one accident before your rates go up with the catch being you have to be claim-free for a particular time prior to the accident.
• ABS Braking Discount – Cars and trucks with anti-lock braking systems can stop better under adverse conditions and earn discounts up to 10%.
• Policy Bundle Discount – If you insure your home and vehicles with the same company you may save as much as 10 to 15 percent.
• Student in College – Children who are enrolled in a college that is more than 100 miles from Miami without a vehicle on campus can receive lower rates.
• Early Payment Discounts – If you can afford to pay the entire bill as opposed to paying monthly you may reduce your total bill.
• Senior Discount – Seniors may be able to get a slight reduction on a Miami car insurance quote.
• Military Rewards – Having an actively deployed family member can result in better premium rates.
• Early Switch Discount – A few insurance companies give discounts for signing up before your current expiration date. You can save around 10% with this discount.
• Theft Prevention Discount – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and that can save you a little bit as well.
• Multi-car Discount – Having all your vehicles with the same company can reduce rates for all insured vehicles.

As is typical with insurance, some credits don’t apply to all coverage premiums. Most only apply to specific coverage prices like physical damage coverage or medical payments. Despite the fact that it seems like having all the discounts means you get insurance for free, you aren’t that lucky.

The illustration below illustrates the comparison of Volkswagen Golf insurance costs with and without discounts applied to the policy rates. The premiums are based on a female driver, no claims, a clean driving record, Florida state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, multi-car, multi-policy, safe-driver, and claim-free discounts applied.

To locate insurance companies offering insurance discounts in Florida, follow this link.

Rates and data analysis

The premium table shown below covers detailed analysis of coverage prices for Volkswagen Golf models. Understanding more about how insurance rates are calculated can benefit drivers when making decisions on which insurance to purchase.

Above prices assume single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Premium amounts do not factor in specific zip code location which can affect prices noticeably.

Where to set your deductibles

A question often asked by Miami drivers is how high or low should comp and collision deductibles be. The premium rates below may help you to understand how much more rates are between high and low deductibles. The first rate quote example uses a $250 deductible for comp and collision and the second set of prices uses a $500 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Price information does not factor in zip code location which can influence premium rates noticeably.

We can derive from the above data that using a $250 deductible costs roughly $18 more each month or $216 a year across all Volkswagen Golf models than requesting the higher $500 deductible. Since the policyholder would be required to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you go at least 14 months between claims, you would more than likely save some money by selecting a higher deductible.

How accidents and violations affect rates in Miami

The information below shows how speeding tickets and at-fault accidents can drive up Volkswagen Golf annual premium costs for each age group. The premium estimates are based on a single female driver, full coverage, $500 deductibles, and no discounts are taken into consideration.

Comparison of full coverage and liability-only policies

The example below shows the comparison of Volkswagen Golf car insurance costs with liability coverage only compared to full coverage. The price estimates are based on no accidents, no driving violations, $250 deductibles, single marital status, and no discounts are factored in.

When to stop buying comprehensive and collision coverage

There is no set rule to eliminate comp and collision coverage, but there is a guideline you can use. If the annual cost of having full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.

For example, let’s pretend your Volkswagen Golf claim settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company will settle for is $5,000 after paying your deductible. If premiums are more than $500 a year for your policy with full coverage, the it may be a good time to stop paying for full coverage.

There are some situations where dropping full coverage is not a good idea. If you haven’t paid off your loan, you are required to maintain full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle if your current one is in an accident, you should keep full coverage in place.

Ratings for Florida auto insurance companies

Ending up with the best insurer is hard considering how many different companies sell coverage in Miami. The company ratings in the next section can help you select which insurers you want to consider putting your business with.

Top 10 Miami Car Insurance Companies Overall

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

Top 10 Miami Car Insurance Companies Ranked by Customer Service

1. USAA
2. Travelers
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Safeco Insurance
7. Progressive
8. State Farm
9. The Hartford
10. The General

How Insurers Determine Volkswagen Golf Insurance Costs

Lots of factors are part of the equation when you get a price on insurance. Some are pretty understandable like your driving record, although some other factors are not as apparent such as your marital status or how financially stable you are. An important part of buying insurance is that you know the rating factors that play a part in calculating your policy premiums. When consumers understand what impacts premium levels, this empowers consumers to make smart changes that could help you find big savings.

• Premiums go up with performance – The make and model of the car or truck you are trying to find cheaper insurance for makes a big difference in your premium level. Low performance passenger cars generally have the cheapest insurance rates, but many other things help determine your insurance rates.

  The data below assumes a single female driver age 40, full coverage with $500 deductibles, and no discounts or violations. It shows Volkswagen Golf policy rates compared to other models that have a range of performance risks.

• Drivers with good credit save – Having a good credit rating is a large factor in calculating your premium rate. If your credit rating leaves room for improvement, you could be paying less to insure your Volkswagen Golf if you clean up your credit. Consumers who have very high credit ratings tend to be more responsible and file fewer claims than drivers with bad credit.

• Does insurance cost more for males? – Statistics have proven that men are more aggressive behind the wheel. However, don’t assume that males are worse at driving than females. Men and women cause accidents in similar percentages, but the men tend to have more serious accidents. Not only that, but men also receive more costly citations like reckless driving and DUI. Youthful male drivers cause the most accidents and thus pay the highest rates.

  The chart below shows the difference between Volkswagen Golf premium costs for male and female drivers. The information is based on no claims or driving citations, comp and collision included, $250 deductibles, single status, and no other discounts are factored in.

• GPS tracking and theft deterrents systems cut auto insurance rates – Buying a car with anti-theft technology or alarm system can save you a little every year. Theft prevention features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help stop vehicle theft.
• Don’t buy add-on coverages you don’t need – There are many extra bells and whistles you can purchase if you aren’t diligent. Coverage for things like vanishing deductibles, towing, and membership fees may be costing you every month. They may seem good when discussing your needs, but if you’ve never needed them in the past remove them from your policy.
• Big cities mean more claims – Choosing to live in areas with lower population has it’s advantages when talking about auto insurance. Drivers who live in large cities have congested traffic and more severe claims. Fewer drivers and short commutes translates into fewer accident claims and also fewer theft and vandalism claims.
• Never let your auto insurance policy lapse – Driving without insurance is not a good idea and auto insurance companies will penalize you for letting your coverage have a gap. In addition to paying higher premiums, not being able to provide proof of insurance may result in a fine, jail time, or a revoked license. You may need to prove you have insurance by filing a SR-22 with the Florida motor vehicle department to get your license reinstated.
• Get better rates if married – Your spouse may earn you lower rates on your policy. Having a significant other may mean you are more financially stable it has been statistically shown that married couples file fewer claims.

• Insurance loss statistics a Volkswagen Golf – Insurance companies include the past claim history for a vehicle to help set a rate to offset losses. Models that have higher loss trends will have a higher premium rate.

  The next table shows the insurance loss data for Volkswagen Golf vehicles. For each type of coverage, the claim probability for all vehicles, regardless of manufacturer or model, is set at 100. Values below 100 suggest a better than average loss history, while values that are above 100 point to more claims or larger claims.

  
  

  Volkswagen Golf Insurance Loss Statistics

  Vehicle Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Volkswagen Golf	109		97

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics from IIHS.org for 2013-2015 Model Years