Save Money on Suzuki SX4 Insurance in Virginia Beach

If you want to find the absolute lowest rates, then the best way to get budget Suzuki SX4 insurance in Virginia Beach is to annually compare prices from insurance carriers who sell auto insurance in Virginia. You can shop around by completing these steps.

1. Try to learn a little about how companies set rates and the things you can change to prevent rate increases. Many things that result in higher prices like speeding and a negative credit history can be amended by making minor changes in your lifestyle. Keep reading for information to get lower rates and find possible discounts that are available.
2. Compare rates from direct, independent, and exclusive agents. Direct and exclusive agents can provide rates from one company like Progressive and State Farm, while independent agents can provide price quotes from multiple insurance companies. Start a quote
3. Compare the quotes to your existing coverage to see if a cheaper rate is available. If you can save money and decide to switch, ensure there is no coverage lapse between policies.
4. Tell your current company to cancel your current car insurance policy. Submit a down payment along with a signed application for your new coverage. Once received, place the new certificate verifying proof of insurance in an easily accessible location in your vehicle.

A tip to remember is to use similar limits and deductibles on every quote and and to analyze as many different companies as possible. This enables an accurate price comparison and many rates to choose from.

We don’t have to point out that fact that insurance companies don’t want their policyholders to compare prices. Insureds who compare rates at least once a year will presumably switch car insurance companies because they stand a good chance of finding coverage at a cheaper rate. Remarkably, a study showed that drivers who routinely compared rates saved on average $860 a year compared to other drivers who don’t make a habit of comparing rates.

If finding budget-friendly rates on Suzuki SX4 insurance in Virginia Beach is your target objective, then having a grasp of how to quote and compare car insurance can help simplify the task of finding more affordable coverage.

The are a couple different ways of comparing rates from all the different companies. The easiest way by far to compare insurance prices is to jump online and get quotes.

It’s so easy to compare rate quotes online that it makes it a waste of time to drive around to all the different Virginia Beach insurance agencies. Quoting and buying Suzuki SX4 insurance online can eliminate the need for a local agent unless you’re the type of person who wants the professional assistance that you can only get from talking to an agent. You can, however, comparison shop online and still use a local agent. When comparison shopping, comparing a large number of companies provides better odds of finding a lower rate. Not every company allows you to get Virginia Beach SX4 insurance quotes online, so it’s important to also get price estimates on coverage from those companies, too.

The car insurance companies shown below are ready to provide quotes in Virginia. If you want the best car insurance in VA, it’s a good idea that you compare several of them in order to find the most affordable rates.

Earn discounts on Virginia Beach insurance

Some insurers don’t always advertise the entire discount list very clearly, so the list below details a few of the more common in addition to some of the lesser obvious insurance savings.

• Drive Less and Save – Driving less could earn lower prices due to less chance of an accident.
• No Claims – Insureds who avoid accidents and claims are rewarded with significantly better rates on Virginia Beach car insurance quote when compared to bad drivers.
• New Vehicle Savings – Insuring a new SX4 can save up to 30% because new vehicles keep occupants safer.
• Seat Belt Discounts – Buckling up and requiring all passengers to fasten their seat belts can save up to 15% off PIP or medical payments premium.
• Military Rewards – Being deployed with a military unit could mean lower insurance rates.
• Anti-theft Discount – Cars and trucks equipped with anti-theft or alarm systems prevent vehicle theft so companies will give you a small discount.
• Own a Home – Just owning your own home can save a few bucks because maintaining a house is proof of financial responsibility.
• Drive Safe and Save – Insureds without accidents could pay up to 40% less than less cautious drivers.
• Senior Citizens – Drivers that qualify as senior citizens can possibly qualify for lower premium rates.

As is typical with insurance, most discounts do not apply to the overall cost of the policy. A few only apply to specific coverage prices like liability, collision or medical payments. So when it seems like adding up those discounts means a free policy, you’re out of luck.

The illustration below visualizes the comparison of Suzuki SX4 annual premium costs with and without discounts applied to the policy rates. The prices are based on a male driver, no accidents, no driving violations, Virginia state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, multi-policy, homeowner, safe-driver, and claim-free discounts applied.

Auto insurance companies that may offer quotes with some of the discounts shown above include:

• State Farm
• Progressive
• Travelers
• American Family
• Liberty Mutual

It’s a good idea to ask each insurance company how you can save money. Some of the earlier mentioned discounts may not apply to policies in every state. If you would like to view insurance companies that provide some of the discounts listed above in Virginia Beach, follow this link.

Analysis of Suzuki SX4 rates

The premium table shown next highlights different coverage prices for Suzuki SX4 models. Being more informed about how insurance prices are calculated can help drivers make smart policy decisions.

Table data represents single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Estimates do not factor in the specific area where the vehicle is garaged which can modify coverage prices considerably.

Higher deductibles save money

One of the most common car insurance questions is how high or low should comp and collision deductibles be. The following tables help summarize the rate difference when you choose different deductibles. The first price estimate table uses a $100 comprehensive and collision deductible and the second price table uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Price information does not factor in your specific Virginia Beach location which can change price quotes greatly.

Based on this data, we can arrive at the conclusion that using a $100 deductible would cost the average driver about $27 more each month or $324 annually than quoting the higher $1,000 deductible. Because you would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you have at a minimum 33 months between claim filings, you would more than likely save some money if you choose the higher deductible. Here’s an example of how this determination is made.

An important sidenote is that raising deductibles means you pay more out-of-pocket when you have a physical damage claim. You will want to have enough money put aside in the event you need to pay the deductible.

The information below illustrates how your choice of deductibles and can impact Suzuki SX4 annual premium costs for each different age category. The costs are based on a single female driver, full coverage, and no discounts are applied to the premium.

Should you buy full coverage?

The information below shows the comparison of Suzuki SX4 car insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data assumes no tickets, no at-fault accidents, $250 deductibles, drivers are single, and no discounts are taken into consideration.

When to eliminate full coverage

There is no set rule to stop buying comprehensive and collision coverage on your policy, but there is a general school of thought. If the yearly cost for physical damage coverage is more than around 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.

For example, let’s pretend your Suzuki SX4 replacement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $4,000 after you pay the deductible. If you are paying more than $400 a year to have full coverage, then you might want to consider buying only liability coverage.

There are some conditions where dropping full coverage is not financially feasible. If you still have a lienholder on your title, you are required to maintain full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not buy liability only.

Ratings for Virginia auto insurance companies

Picking the highest-rated insurer can be a challenge considering how many different companies insure vehicles in Virginia. The company information below can help you select which auto insurance companies you want to consider purchasing a policy from.

Top 10 Virginia Beach Car Insurance Companies Ranked by Customer Satisfaction

1. USAA – 91%
2. AAA Insurance – 90%
3. Esurance – 90%
4. Mercury Insurance – 89%
5. Nationwide – 89%
6. Travelers – 88%
7. Progressive – 88%
8. Safeco Insurance – 88%
9. State Farm – 88%
10. Allstate – 88%

Top 10 Virginia Beach Car Insurance Companies Ranked by Value

1. Mercury Insurance
2. Travelers
3. American Family
4. AAA Insurance
5. Safeco Insurance
6. Progressive
7. The Hartford
8. Erie Insurance
9. Esurance
10. The General

How Car Insurance Companies Calculate Suzuki SX4 Insurance Prices

One of the most helpful ways to save on insurance is to to have a grasp of the different types of things that help calculate your premiums. If you know what positively or negatively impacts your premiums, this helps enable you to make changes that can earn you lower premium levels.

The itemized list below are some of the items that factor into your premiums.

• Incidental coverages can add up – There are many additional coverages that may not really be needed on your insurance policy. Things like rental car reimbursement, accidental death, and membership fees are some examples. They may seem like a good idea when discussing your needs, but if you’ve never needed them in the past eliminate the coverages to reduce your premium.
• Don’t skimp on liability protection – The liability section of your policy will afford coverage in the event that a jury decides you are liable for damages from an accident. Liability provides legal defense which can cost thousands of dollars. It is affordable coverage compared to other policy coverages, so buy as much as you can afford.
• Low credit rating equals high rates – Your credit score will be a significant factor in determining what you pay for insurance. People that have excellent credit tend to be more responsible than drivers with lower credit ratings. If your credit score can be improved, you could pay less to insure your Suzuki SX4 by spending a little time repairing your credit.
• Discounts for auto and home policies – Lots of insurers will give discounts to policyholders who consolidate policies with them, otherwise known as a multi-policy discount. Discounts can add up to anywhere from five to ten percent in most cases. Even with this discount, it’s in your best interest to compare Suzuki SX4 rates in Virginia Beach to make sure you are getting the best deal. It’s possible to still find lower rates by buying insurance from a different company.