Regrettably, over 70% of drivers renewed their policy with the same company for well over three years, and just short of a majority have never compared insurance rates at all. Consumers in Virginia Beach could save themselves nearly 45% a year, but they just don’t want to do a rate comparison.
It takes a few minutes, but the best way to quote cheaper Mazda 2 insurance in Virginia Beach is to start doing a yearly price comparison from different companies who sell insurance in Virginia. Rates can be compared by following these steps.
First, get an understanding of coverages and the measures you can take to lower rates. Many rating criteria that drive up the price like at-fault accidents and your credit history can be amended by improving your driving habits or financial responsibility. Continue reading for the details to help reduce prices and earn a bigger discount.
Second, quote rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from one company like Progressive or Farmers Insurance, while independent agents can quote prices from multiple companies. Get quotes now
Third, compare the quotes to your existing policy to determine if switching companies saves money. If you can save money, ensure there is no coverage lapse between policies.
Fourth, tell your current company of your decision to cancel your existing policy. Submit the completed application along with a down payment to the new company. As soon as you receive it, put the certificate of insurance in an accessible location in your vehicle.
One bit of advice is to try to use the same amount of coverage on every price quote and and to compare every insurance company. Doing this helps ensure an apples-to-apples comparison and the most accurate and complete price analysis.
If you currently have insurance, you stand a good chance to be able to get lower rates using these techniques. Quoting and comparing more affordable insurance in Virginia Beach is actually quite simple. But Virginia vehicle owners must understand how insurance companies determine what you pay and apply this information to your search.
It’s important to know that more quotes increases the chance that you will find more affordable rates.
The companies shown below are our best choices to provide price comparisons in Virginia Beach, VA. If you want cheap car insurance in Virginia Beach, it’s highly recommended you click on several of them to find the most competitive car insurance rates.
Save a ton on Mazda 2 insurance in Virginia Beach with these discounts
Some insurance providers don’t list all their discounts very clearly, so here is a list a few of the more common and the harder-to-find credits available to lower your premiums when you buy Virginia Beach car insurance online. If you do not double check each discount you qualify for, you are not getting the best rate possible.
- One Accident Forgiven – This isn’t a discount exactly, but certain companies permit an accident before hitting you with a surcharge so long as you haven’t had any claims for a particular time prior to the accident.
- Fewer Miles Equal More Savings – Maintaining low annual mileage may allow you to get slightly better rates than normal.
- Claim-Free Discount – Drivers who don’t have accidents pay much less in comparison to policyholders that have many claims.
- Defensive Driver Discounts – Completing a course teaching safe driver skills may get you a small discount and easily recoup the cost of the course.
- Discounts for Multiple Vehicles – Purchasing coverage when you have multiple cars or trucks on a single policy may reduce the rate for each vehicle.
A quick disclaimer, most credits do not apply to the overall cost of the policy. Most only cut the cost of specific coverages such as comprehensive or collision. So even though you would think all the discounts add up to a free policy, auto insurance companies aren’t that generous.
A few of the larger companies and their offered discounts include:
- 21st Century may offer discounts for student driver, automatic seat belts, good student, defensive driver, homeowners, anti-lock brakes, and driver training.
- State Farm offers discounts including defensive driving training, Drive Safe & Save, multiple policy, good driver, good student, anti-theft, and Steer Clear safe driver discount.
- AAA has discounts for good driver, pay-in-full, good student, multi-car, and education and occupation.
- Liberty Mutual policyholders can earn discounts including preferred payment discount, new move discount, new vehicle discount, exclusive group savings, multi-car, hybrid vehicle, and multi-policy.
- Progressive may include discounts for continuous coverage, multi-vehicle, online signing, online quote discount, and good student.
Check with every company which credits you are entitled to. All car insurance discounts may not be offered in Virginia Beach.
Seven factors that influence insurance rates
Smart consumers have a good feel for the different types of things that play a part in calculating the price you pay for auto insurance. When consumers understand what positively or negatively impacts your premiums, this allows you to make good choices that will entitle you to much lower annual insurance costs. Many different elements are considered when you get a price on insurance. Most are fairly basic like a motor vehicle report, although some other factors are not as apparent like your continuous coverage or your financial responsibility.
The factors shown below are some of the things companies use to determine your prices.
Use one insurance company and save – Lots of insurance companies allow a discount to buyers that buy multiple policies, otherwise known as a multi-policy discount. Even with this discount, you still need to shop around to help guarantee you have the best rates.
Lower stress equals lower rates – Did you know your career choice can influence rates? Jobs like fire fighters, social workers, and dentists tend to have higher premiums than the average policyholder in part from intense work requirements and long work hours. Other jobs like actors, engineers and performers pay lower than average rates.
Location can influence price – Being located in areas with lower population is a good thing if you are looking for the lowest rates. People who live in big cities have much more traffic and more severe claims. Fewer people translates into fewer accidents in addition to lower liability claims.
Auto insurance lapses raise prices – Driving your car without having proper coverage is illegal and you may have a hard time finding new coverage because you let your insurance coverage expire. Not only will rates go up, the inability to provide proof of insurance can result in fines and jail time.
Teenagers are high risk – Teen drivers in Virginia have a tendency to be careless and easily distracted when at the wheel of a vehicle so they pay higher auto insurance rates. More experienced drivers are more cautious drivers, statistically cause fewer accidents, and receive fewer citations.
Cheaper rates using GPS tracking and theft deterrents – Choosing to buy a car that has an advanced theft prevention system can get you a discount on your auto insurance. Advanced theft deterrents like GM’s OnStar, tamper alarm systems and vehicle immobilizers help track and prevent car theft and help bring rates down.
Don’t skimp on liability – Liability coverage is the protection if you are responsible for physical damage or personal injury to other. Your policy’s liability insurance provides you with a defense in court to attempt to prove you were not liable. Liability insurance is quite affordable when compared with rates for comp and collision, so buy as much as you can afford.