After a few driving violations, one of the largest criteria that are looked at to determine the amount you pay each year for auto insurance is where you choose to live. Areas with more people or higher crime rates likely pay more, whereas areas with lower vehicle theft rates and fewer weather claims have the benefit of cheaper car insurance.
The following table ranks the most expensive areas in Virginia with multiple speeding tickets to buy auto insurance in. Virginia Beach is listed at #13 with an annual premium of $948 for the average insured, which is about $79 per month.
|Rank||City||Average Per Year|
|Compare Rates Now Go|
Price information shown is estimated as the vehicle garaging location can increase or decrease coverage prices greatly.
The make and model of vehicle you are trying to insure is one of the biggest factors that determines the availability of the most economical coverage with multiple speeding tickets. Vehicles with high performance engines, a lack of safety features, or a history of substantial liability claims will cost more to insure than more economical and safe models.
The next list ranks car insurance premiums for some of the more affordable vehicles to insure.
|Make and Model||Estimated Cost for Full Coverage|
|Honda Accord LX 4-Dr Sedan||$1,721|
|Honda CR-V LX 4WD||$1,728|
|Ford Escape XLS 2WD||$1,721|
|Hyundai Elantra GLS 4-Dr Sedan||$1,947|
|Honda Odyssey EX-L W/Navigation||$1,954|
|Toyota Corolla S||$1,947|
|Ford Edge Limited AWD||$1,955|
|Chevrolet Silverado LT Regular Cab 2WD||$1,978|
|Volkswagen Jetta SEL 4-Dr Sedan||$1,982|
|Nissan Altima Hybrid 4-Dr Sedan||$1,988|
|Chevrolet Equinox LTZ 2WD||$1,982|
|Ford Explorer XLT 4WD||$2,027|
|Compare Rates Now Go|
Data rating is based on single female driver age 30, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Virginia minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, and multi-policy. Price information does not factor in Virginia Beach, VA location which can alter rates greatly.
Looking at the numbers, we can presume that vehicles like the Honda Accord, Honda CR-V, Ford Escape, and Hyundai Elantra are going to be some of the cheapest vehicles to insure after a few driving violations.
Determining which company quotes the cheapest car insurance rates with multiple speeding tickets may require more work than just comparing rates from one or two companies.
Every insurance provider uses a different method to establish rates, so let’s take a look at the most competitive car insurance companies in Virginia Beach.
Find Cheaper Car Insurance with License Points
|Rank||Company||Cost Per Year|
|9||Virginia Farm Bureau||$826|
|16||National Grange Mutual||$1,104|
|Compare Rates Now Go|
Travelers may have some of the most affordable car insurance rates in Virginia Beach at around $679 each year. USAA, Penn National, Auto-Owners, and Cincinnati Insurance also rank well as some of the best Virginia Beach, VA car insurance companies.
As depicted above, if you are a customer of Auto-Owners and switched to Travelers, you may see annual savings of in the neighborhood of $79. Virginia drivers with Cincinnati Insurance may save as much as $84 a year, and Utica National insureds might see rate reductions of $86 a year.
Remember that these policy rates are averaged for all types of drivers and the different vehicles they drive and do not factor in an exact location with multiple speeding tickets. So the insurer that can offer you the best price may not even be in the top 30 companies in the list above. That illustrates why you need to quote rates from many companies using your own driver data and vehicle information.
Drive safe and save
A great way to maintain the cheapest car insurance prices after a few driving violations is to be a cautious driver and avoid traffic citations and accidents. The example below illustrates how speeding tickets and at-fault collisions raise insurance rates for different categories of driver ages. The premiums are based on a single female driver, comp and collision included, $100 deductibles, and no additional discounts are factored in.
In the previous chart, the average cost of car insurance in Virginia Beach per year with no accidents and a clean driving record is $1,405. Get written up for one speeding ticket and the average cost hikes up to $1,591, an increase of $186 each year. Then add in two accidents along with the one speeding ticket and the 12-month cost of car insurance with multiple speeding tickets goes up to an average of $3,152. That’s an increase of $1,747, or $146 per month, just for not driving carefully!
How to get discounts on Virginia Beach insurance rates
Insurance companies that offer cheap quotes with multiple speeding tickets may provide special discounts that can lower rates by 25% or more if you meet the requirements. A few popular companies and a selection of discounts can be found below.
- GEICO has discounts for anti-theft, driver training, multi-vehicle, federal employee, emergency military deployment, and daytime running lights.
- SAFECO discounts include anti-lock brakes, homeowner, accident prevention training, teen safe driver, anti-theft, teen safety rewards, and multi-car.
- State Farm may have discounts that include driver’s education, good student, defensive driving training, Drive Safe & Save, good driver, and student away at school.
- MetLife may offer discounts for multi-policy, defensive driver, accident-free, good driver, and good student.
- 21st Century policyholders can earn discounts including 55 and older, student driver, good student, homeowners, early bird, theft prevention, and driver training.
- Progressive offers discounts for good student, homeowner, multi-policy, multi-vehicle, and online quote discount.
The chart below visualizes the comparison of insurance prices with and without discounts applied to the premium. The prices are based on a female driver, three traffic citations and no accidents, Virginia state minimum liability limits, comp and collision included, and $1,000 deductibles.
The first bar for each age group shows the average rate with no discounts. The second shows the rates with paid-in-full, paperless filing, passive restraint, vehicle safety, homeowner, and multiple policy discounts applied. When drivers qualify for the discounts, the average savings per year on car insurance with multiple speeding tickets is 28% or $434.
The illustration below shows how choosing a deductible can impact insurance prices when quoting cheap insurance with multiple speeding tickets. The data assumes a married female driver, full coverage, and no discounts are applied to the premium.
The data above shows that a 50-year-old driver could lower their policy premium by $246 a year by switching from a $100 deductible to a $500 deductible, or save $370 by changing to a $1,000 deductible. Younger drivers, like the age 20 example, could lower their rates as much as $606 or even more just by using higher deductibles. When insureds make the decision to increase the deductibles on their policy, it will be important to have emergency funds available to allow you to cover the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
The importance of comparing Virginia Beach car insurance rates
Virginia Beach, VA car insurance rates are based on many factors which can significantly increase or decrease your annual premium. Improving your credit score, increasing liability limits, or having an accident can trigger rate changes that can make some companies cheaper than competitors. Not only may your situation change, but insurance companies amend pricing every year to adjust for gains or losses. Higher than normal claim frequency or severity may cause high rates, while less frequent claims may produce more affordable Virginia Beach car insurance rates.
To help illustrate this point, the data below shows the company with the cheapest car insurance in Virginia Beach, VA for a 45-year-old female driver with no violations or accidents, and a decent credit rating. When quoting prices based on her current rating profile, Travelers offers the most affordable car insurance rates in Virginia Beach at $782 per year. This is $376 less than the average rate paid by Virginia drivers of $1,158. USAA, Penn National, Auto-Owners, and Cincinnati Insurance are the rest of the cheapest Virginia Beach, VA auto insurance companies.
In the next rate comparison, we’ll give the driver from the first set of rates a claim, a lower credit score, and a few traffic violations. Since each auto insurance company has their own process for determining rates in each state, comparing rates may now show a different ranking of cheap Virginia Beach auto insurance companies as shown below.
The Hartford now has the lowest price in Virginia Beach with Erie, Virginia Farm Bureau, Donegal Mutual, and Nationwide also having competitive pricing. This example shows why Virginia Beach drivers need to spend some time comparing rates to get the cheapest auto insurance quotes with multiple speeding tickets. Insurance rates are influenced by many things and can change without notice, so the best option the last time you compared rates may now be quite expensive.