Affordable Ford Flex Insurance in Virginia Beach

It takes a little time, but the best way to get budget auto insurance rates is to do a yearly price comparison from different companies in Virginia Beach.

Step 1: Spend a few minutes and learn about individual coverages and the things you can change to prevent expensive coverage. Many things that cause high rates like traffic citations, accidents, and poor credit rating can be improved by being financially responsible and driving safely.

Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give prices from one company like GEICO or Allstate, while agents who are independent can quote rates from multiple insurance companies.

Step 3: Compare the new rate quotes to the price on your current policy to see if switching to a new carrier will save money. If you find a lower rate quote and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.

Step 4: Provide proper notification to your current company to cancel the current policy. Submit the application along with any required down payment to your new company or agent. As soon as you receive it, keep the new proof of insurance paperwork in an easily accessible location.

A crucial key to this process is that you use similar coverage information on each quote request and and to get prices from as many companies as possible. Doing this helps ensure an accurate price comparison and the best price selection.

A recent study showed that most car insurance policyholders have been with the same company for four years or more, and almost 40% of drivers have never compared quotes from other companies. Many drivers in Virginia Beach can save hundreds of dollars each year by just shopping around, but they don’t invest the time required to save money by comparing rate quotes.

Companies offering competitive Ford Flex rates in Virginia Beach, VA

The providers in the list below can provide free quotes in Virginia. If multiple companies are listed, we suggest you visit several of them in order to get a fair rate comparison.

Car insurance analysis for a Ford Flex

The rate information below covers different insurance rates for Ford Flex models. Being aware of how auto insurance prices are determined is important for drivers to make decisions when shopping your coverage around.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Rate information does not factor in your specific Virginia Beach location which can change premiums considerably.

Deductible analysis

One common question asked by Virginia Beach drivers is which deductibles should you choose. The tables below may aid in understanding the difference in cost when you buy lower versus higher insurance deductibles. The first set of rates uses a $250 deductible and the second set of rates uses a $500 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Premium amounts do not factor in Virginia Beach location which can impact coverage rates considerably.

Based on this data, we can arrive at the conclusion that using a $250 deductible costs about $12 more each month or $144 a year than selecting the higher $500 deductible. Since the policyholder would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you usually have more than 21 months between claim filings, you would save more money if you opt for a higher deductible.

One important issue to know is that a higher deductible results in a higher out-of-pocket expense when you have a physical damage claim. It will be required that you have enough disposable savings in the event you have to pay more to get your vehicle repaired.

Car insurance rates are higher with tickets and accidents

The example below illustrates how speeding tickets and fender-benders impact Ford Flex auto insurance costs for each different age category. The information is based on a married female driver, full coverage, $100 deductibles, and no discounts are applied to the premium.

Cost comparison with and without full coverage

The diagram below shows the difference between Ford Flex insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Virginia. The rate quotes are based on no claims or driving citations, $1,000 deductibles, drivers are not married, and no discounts are factored in.

Should you pay for full coverage?

There is no definitive guideline to drop comp and collision coverage, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.

For example, let’s pretend your Ford Flex replacement cost is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $8,000 after paying your policy deductible. If it’s costing you more than $800 annually for full coverage, then you may need to consider dropping full coverage.

There are a few cases where dropping physical damage coverage is not a good idea. If you still have a loan on your vehicle, you have to maintain full coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should maintain full coverage.

Discounts can help save money on Ford Flex insurance in Virginia Beach

Some providers don’t always advertise all their discounts in an easy-to-find place, so the list below details both well-publicized in addition to some of the lesser obvious credits available to you.

• Own a Home and Save – Owning a home in Virginia Beach may trigger a policy discount on insurance because owning a home shows financial diligence.
• Discounts for Multiple Vehicles – Having multiple vehicles on one policy can reduce rates for all insured vehicles.
• No Claims – Good drivers with no accidents have much lower rates compared to accident-prone drivers.
• Air Bags and Passive Restraints – Vehicles equipped with air bags can qualify for discounts of 25 to 30%.
• Discount for Life Insurance – Some insurance companies give a discount if you purchase some life insurance too.
• One Accident Forgiven – Not really a discount, but some companies like State Farm, Progressive and GEICO may permit one accident before your rates go up so long as you are claim-free for a specific time period.

One last thing about discounts, some of the credits will not apply to the entire cost. Most only apply to specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, companies wouldn’t make money that way.

The information below visualizes the comparison of Ford Flex car insurance rates with and without policy discounts. The data assumes a male driver, no claims or violations, Virginia state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, claim-free, homeowner, marriage, and multi-car discounts applied.

Insurance companies that have these money-saving discounts possibly include:

• State Farm
• GEICO
• Progressive
• 21st Century
• American Family
• The Hartford
• AAA

If you want low cost Virginia Beach car insurance quotes, ask each company which credits you are entitled to. Some credits might not be available to policyholders in Virginia Beach. To find providers who offer free Ford Flex insurance quotes in Virginia Beach, click here to view.

Buying from insurance agencies

A small number of people still prefer to sit down with an agent and doing so can bring peace of mind An additional benefit of comparing rates online is that you can find the best rates and still buy from a local agent. Buying insurance from local insurance agencies is important especially in Virginia Beach.

After filling out this quick form, your coverage information gets sent to agents in your area that give free quotes for your insurance coverage. It makes it easy because there is no need to leave your computer since price quotes are sent immediately to you. Get lower rates and an insurance agent to talk to. In the event you want to compare rates for a specific company, you would need to navigate to their website to submit a rate quote request.

Below are Virginia Beach car insurance companies that may be willing to give comparison quotes for Ford Flex insurance in Virginia Beach.

More insurance agents

Finding a good insurance company shouldn’t rely on just a cheap price. Below are some questions you should ask.

• Who is covered by the car insurance policy?
• If you raise deductibles, how much can you save?
• Is the quote a firm price?
• Are they actively involved in the community?
• Is the agent properly licensed in Virginia?
• Can you get a list of referrals?

Once you have good answers to these questions as well as a affordable price, chances are good that you have found an insurance company that meets the requirements to insure your vehicles.

What is the best car insurance company in Virginia Beach?

Selecting the right auto insurance provider can be rather challenging considering how many companies there are in Virginia. The rank data below can help you choose which car insurance providers you want to consider comparing rate quotes with.

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 Claims Service

1. Travelers
2. Allstate
3. Nationwide
4. State Farm
5. GEICO
6. Liberty Mutual
7. American Family
8. Esurance
9. AAA Insurance
10. Titan Insurance

Cheaper auto insurance prices are available

When buying insurance coverage, it’s a bad idea to buy poor coverage just to save money. Too many times, someone sacrificed liability limits or collision coverage and learned later that the savings was not a smart move. Your goal is to purchase a proper amount of coverage for the lowest price, but do not skimp to save money.

Some auto insurance companies may not provide price quotes online and usually these small, regional companies only sell through independent agencies. Budget-friendly auto insurance in Virginia Beach can be sourced from both online companies as well as from independent agents in Virginia Beach, and you need to comparison shop both to have the best chance of lowering rates.

More information is available below:

• Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
• Who Has the Cheapest Car Insurance Quotes for Welfare Recipients in Virginia Beach? (FAQ)
• How Much is Auto Insurance for Real Estate Agents in Virginia Beach? (FAQ)
• Who Has Cheap Virginia Beach Car Insurance Rates for Low Credit Scores? (FAQ)
• How Much are Virginia Beach Auto Insurance Rates for Retired Military? (FAQ)
• All About Airbag Safety (State Farm)
• Car Insurance: When not to Skimp (BankRate.com)