Astonishing but true according to a recent study, the vast majority of consumers in Virginia kept their policy with the same company for more than four years, and 38% of drivers have never even compared quotes to find cheaper rates. U.S. insurance shoppers could save roughly $850 every year, but they don’t want to spend time to compare rates online.
It takes a little time, but the best way to get cheaper auto insurance rates in Virginia Beach is to start comparing prices regularly from providers who provide auto insurance in Virginia. Price quotes can be compared by completing these steps.
Step 1: Take a little time to learn about the coverage provided by your policy and the modifications you can make to prevent rate increases. Many policy risk factors that drive up the price like speeding and an unacceptable credit score can be rectified by making minor changes to your lifestyle.
Step 2: Request price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only quote rates from a single company like Progressive or State Farm, while independent agencies can provide rate quotes for a wide range of insurance providers. View companies
Step 3: Compare the quotes to your existing rates to determine if switching companies saves money. If you can save money, make sure there is no lapse in coverage.
Step 4: Give notification to your agent or company of your intent to cancel the current policy. Submit the signed application along with the required initial payment to the new company. Once coverage is bound, keep your new certificate of insurance above your visor, in the console, or in the glove compartment.
One bit of advice is to try to compare identical coverage information on every price quote and and to look at as many carriers as you can. Doing this provides an apples-to-apples comparison and and a good selection of different prices.
How You Can Control Ford Shelby GT350 Insurance Prices
Consumers need to have an understanding of the different types of things that help calculate your premiums. If you have a feel for what determines premiums, this empowers consumers to make smart changes that may result in better car insurance rates. Lots of things are part of the equation when premium rates are determined. Some are pretty understandable like your driving record, but other factors are less apparent like where you live and annual miles driven.
The itemized list below are some of the most rate-impacting factors that factor into your rate level.
Employer can influence premiums – Did you know your car insurance rates can be affected by your occupation? Careers like military personnel, air traffic controllers, and medical professionals tend to pay the highest rates due to intense work requirements and lengthy work days. On the other hand, occupations like actors, historians and the unemployed have the lowest average rates.
Claims cost money – If you’re an insured who likes to file claims you can expect higher premiums or even policy non-renewal. Insurance companies in Virginia generally give discounts to insureds who only file infrequent claims. Insurance coverage is intended to be relied upon for more catastrophic claims.
Tickets and citations cost more than a fine – Attentive drivers have lower premiums as compared to those with violations. Only having one ticket can boost insurance rates forty percent or more. Drivers unfortunate enough to have severe violations like hit and run, DWI or reckless driving convictions may find that they have to to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to keep their license.
You may save more by consolidating policies – Most car insurance companies will give discounts to insureds who carry more than one policy such as combining an auto and homeowners policy. The discount can be ten or even up to twenty percent in some cases. Even if you already get this discount, consumers should still comparison shop to help guarantee you have the best rates.
Men are more aggressive – Statistics show that women are safer drivers than men. However, this does not mean men are worse drivers. Women and men are in accidents at a similar rate, but the males get into accidents with more damage. They also receive more major tickets like reckless driving and DUI.
The easiest way to compare insurance rates from multiple companies is to know the trick most of the bigger providers provide online access to give free rates quotes. The only thing you need to do is provide a little information like whether you drive to work or school, whether you have decent credit, how much school you completed, and if a SR-22 is needed. The rating information is submitted instantly to multiple top-rated companies and they respond with quotes immediately.
To check rates for your Ford Shelby GT350 now, click here and complete the quick form.
The companies in the list below have been selected to offer free quotes in Virginia. If multiple companies are listed, we suggest you visit two to three different companies in order to get a fair rate comparison.
Insuring your vehicle just makes sense
Even though it can be expensive, insuring your vehicle may be required for several reasons.
First, just about all states have compulsory liability insurance requirements which means you are required to carry a minimum amount of liability insurance in order to get the vehicle licensed. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
Second, if your vehicle has a loan, it’s guaranteed your bank will force you to buy insurance to guarantee their interest in the vehicle. If you let the policy lapse, the lender may insure your Ford for a much higher rate and force you to pay much more than you were paying before.
Third, auto insurance preserves your vehicle and your assets. Insurance will also pay for most medical and hospital costs incurred in an accident. Liability insurance also pays for attorney fees and expenses if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, comprehensive and/or collision insurance will pay to repair the damage minus the deductible amount.
The benefits of insuring your car greatly outweigh the cost, particularly if you ever have a claim. Today the average American driver is overpaying more than $865 each year so compare quotes from several companies at every renewal to ensure rates are competitive.
Take policy discounts and save on Ford Shelby GT350 insurance in Virginia Beach
Companies do not advertise every discount in an easy-to-find place, so the following list contains a few of the more well known and also the lesser-known credits available to lower your premiums when you buy Virginia Beach auto insurance online.
- Military Deployment Discount – Having a deployed family member could qualify you for better prices.
- Telematics Data – Virginia Beach drivers who agree to allow companies to monitor where and when they drive by using a telematics device like In-Drive from State Farm and Progressive’s Snapshot might get better premium rates as long as the data is positive.
- Policy Bundle Discount – If you can combine your homeowners and auto policy with the same insurance company you could get a discount of as much as 10 to 15 percent.
- Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems can qualify for discounts of 25 to 30%.
- Sign Online – Many companies will provide an incentive shop Virginia Beach auto insurance over the internet.
- Waiver for an Accident – Not necessarily a discount, but some insurance companies will let one accident slide without the usual rate increase if you are claim-free for a specific time period.
- Distant College Student Discount – Any of your kids who are attending college and won’t have access to an insured vehicle could qualify for this discount.
As is typical with insurance, most discounts do not apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears you can get free auto insurance, it’s just not the way it works.
To see a list of providers with the best discounts in Virginia Beach, click here to view.
Insurance agencies can give valuable advice
Many drivers would rather get professional advice from a licensed agent and there is nothing wrong with that. A good thing about price shopping on the web is that you can obtain the lowest rates and still have an agent to talk to. Buying from local insurance agents is especially important in Virginia Beach.
To find an agent, once you fill out this short form, your insurance data gets sent to local insurance agents in Virginia Beach that can give you free Virginia Beach auto insurance quotes for your business. It makes it easy because there is no need to leave your house since rate quotes are delivered to the email address you provide. You can get cheaper auto insurance rates without a big time investment. If you wish to get a rate quote from a specific company, you can always find their quoting web page and complete a quote there.
Picking the best provider needs to be determined by more than just a low price. Below are some questions you should ask.
- Do they have a Better Business Bureau rating in Virginia Beach?
- Who is covered by the car insurance policy?
- Can glass claims be handled at your home?
- What kind of financial rating does the company have?
- Is auto insurance their primary focus in Virginia Beach?
Cheaper insurance is a realistic goal
As you restructure your insurance plan, do not buy less coverage just to save a little money. In many cases, drivers have reduced comprehensive coverage or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. Your goal is to get the best coverage possible for the lowest cost, not the least amount of coverage.
We covered a lot of information how to get a better price on Ford Shelby GT350 insurance in Virginia Beach. It’s most important to understand that the more you quote Virginia Beach auto insurance, the higher your chance of finding low cost Virginia Beach auto insurance quotes. You may even find the best price on insurance is with some of the lesser-known companies. These smaller insurers can often provide lower prices in certain areas than their larger competitors like State Farm and Allstate.
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