New Techniques for Saving Money on on Virginia Beach Auto Insurance

Cutting costs on Virginia Beach auto insurance is a challenge for consumers new to shopping for insurance online. Consumers have so many options that it can be a real challenge to find lower rates in Virginia Beach.

If you are insured now or are just looking to switch companies, you can use these tips to cut your premiums and possibly find even better coverage. Shopping for the best auto insurance in Virginia Beach is quite easy. Virginia drivers only need an understanding of how to find the lowest price online.

Companies offer discounts so take them!

Car insurance can cost a lot, but you may find discounts that you may not know about. Certain discounts will be triggered automatically when you complete an application, but less common discounts must be specifically requested before they will apply. If you aren’t receiving every discount available, you’re paying more than you need to.

• E-sign – Certain companies will discount your bill up to fifty bucks for buying a policy and signing up digitally online.
• Driver’s Ed – Cut your cost by having your teen driver enroll in driver’s education in school.
• Military Discounts – Having a deployed family member may qualify for rate reductions.
• Save with a New Car – Buying coverage on a new vehicle can be considerably cheaper since new cars are generally safer.
• Clubs and Organizations – Being a member of a civic or occupational organization could trigger savings when shopping for auto insurance.
• Accident Free – Good drivers with no accidents pay much less when compared with bad drivers.
• Anti-lock Brake Discount – Vehicles with anti-lock braking systems are safer to drive and qualify for as much as a 10% discount.
• Distant Student – Kids in college living away from home attending college and do not have a car may qualify for this discount.
• Discounts for Safe Drivers – Safe drivers can pay as much as 50% less than drivers with accidents.

A little note about advertised discounts, most discount credits are not given to all coverage premiums. Most only reduce individual premiums such as liability, collision or medical payments. Just because it seems like adding up those discounts means a free policy, you’re out of luck. But all discounts will reduce your premiums.

Virginia Beach Auto Insurance Prices Online

Shopping for lower auto insurance rates can be a daunting task if you don’t understand the easiest way. You can waste a lot of time driving to agents in Virginia Beach, or you can stay home and use online quoting for quick rates.

Many companies participate in a marketplace where insurance shoppers only type in their quote data once, and each participating company can give them a price based on that information. This system prevents you from having to do quote requests to each company.

To find out how much you’re overpaying now click here to start a free quote.

The one downside to pricing coverage this way is you don’t know exactly the providers you want to price. If you would rather choose specific insurance companies to request quotes from, we put together a list of the cheapest auto insurance companies in Virginia. Click here to view list.

Whichever method you choose, compare apples-to-apples information with each company. If you have different deductibles it’s not possible to find the best deal in Virginia Beach.

Informed Drivers can Cut Their Rates

It’s important that you understand the rating factors that come into play when calculating auto insurance rates. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that could result in much lower annual insurance costs.

• Discounts for married couples – Having a wife or husband can actually save you money on your policy. Having a significant other is viewed as being more mature and responsible and it’s statistically proven that being married results in fewer claims.
• Where you live is a factor – Living in less populated areas has it’s advantages when it comes to auto insurance. Lower population means reduced accidents and also fewer theft and vandalism claims. Urban drivers have to deal with congested traffic and longer commute times. More time on the road can result in more accidents.
• The type of vehicle makes a difference – The type of car you are buying insurance for makes a huge difference in your rates. Economy passenger cars generally have the cheapest insurance rates, but the cost you end up paying is determined by many additional factors.
• High deductibles save money – Your deductibles represent how much money you are required to spend out-of-pocket if you file a covered claim. Physical damage insurance, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some instances where coverage would apply are colliding with a building, vandalism, and rolling your vehicle. The more you are required to pay out-of-pocket, the less your company will charge you for insurance.

Misconceptions in auto insurance advertisements

Virginia drivers constantly see and hear ads for cheaper car insurance from companies such as Progressive, Allstate and GEICO. All the companies make the same claim that you can save if you move your policy.

How can each company say the same thing? It’s all in the numbers.

Insurance companies can use profiling for the driver they prefer to insure. For example, a profitable customer might be between 25 and 40, has no tickets, and has a short commute. A customer who meets those qualifications will qualify for the lowest rates and therefore will save when switching.

Potential insureds who fall outside this ideal profile must pay a higher premium which leads to business not being written. The ad wording is “people who switch” not “everybody who quotes” save that much money. That’s why companies can make those claims.

This illustrates why you should get quotes from several different companies. It’s just too difficult to predict which auto insurance company will fit your personal profile best.

Compare but don’t skimp

Low-cost auto insurance can be sourced both online in addition to many Virginia Beach insurance agents, and you should compare price quotes from both to get a complete price analysis. Some companies do not provide online price quotes and most of the time these smaller companies sell through independent agents.

Drivers switch companies for a number of reasons such as being labeled a high risk driver, lack of trust in their agent, delays in paying claims or even denial of a claim. Whatever your reason, choosing a new company is less work than it seems.

When trying to cut insurance costs, make sure you don’t reduce needed coverages to save money. In many instances, someone sacrificed uninsured motorist or liability limits only to regret that the savings was not a smart move. The ultimate goal is to find the BEST coverage for the lowest price.

Additional auto insurance information can be read on the Virginia Bureau of Insurance website. Click here for link. Consumers can file complaints about a company, learn about specific coverages, view a list of available companies, and find out industry alerts.

The following information may also be useful.

• Lower Rates from Virginia Beach Auto Insurance Agents