How to Know You're Wasting Money for Auto Insurance in Danville

Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Trust us, there are a lot of people in Danville just like you who feel imprisoned by their auto insurance policy. There is such a variety of to pick from, and even though it's nice to have multiple companies, so many choices can make it hard to compare rates.

Finding affordable coverage in Danville is not that difficult. If you have insurance now or are shopping for new coverage, you can learn to shop for the lowest rates while maximizing coverage. Virginia drivers only need an understanding of the tricks to get comparison rates online.

Save big with these discounts

Properly insuring your vehicles can get expensive, but companies offer discounts that you may not even be aware of. Some discounts apply automatically at the time of purchase, but lesser-known reductions have to be specifically requested prior to receiving the credit. If you're not getting every credit possible, you are throwing money away.

  • No Claims - Drivers with accident-free driving histories can save substantially when compared to drivers who are more careless.
  • Homeowners Discount - Simply owning a home may trigger a auto insurance policy discount because owning a home is proof that your finances are in order.
  • Discount for Good Grades - Performing well in school can get you a discount of up to 25%. This discount can apply until age 25.
  • New Vehicle Savings - Putting insurance coverage on a new car is cheaper since new cars are generally safer.
  • Drivers Education - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in school.
  • Federal Government Employee - Active or retired federal employment can save as much as 8% with a few auto insurance companies.
  • Anti-theft Discount - Anti-theft and alarm systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Defensive Driver - Completing a course teaching defensive driving skills could possibly earn you a 5% discount if you qualify.

Consumers should know that most credits do not apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like comp or med pay. Even though it may seem like it's possible to get free car insurance, companies don't profit that way. Any qualifying discounts will bring down your overall premium however.

Auto insurance ads bend the truth

Virginia drivers get pounded daily by advertisements that promise big savings from companies such as Progressive, Allstate and GEICO. They all say the same thing of big savings if you switch your policy.

How does each company say the same thing? This is how they do it.

All companies are able to cherry pick for the right customer that earns them a profit. For example, a driver they prefer might be profiled as over the age of 50, has no driving citations, and has excellent credit. A propective insured who fits that profile gets the lowest rates and most likely will save when switching.

Potential customers who fall outside these standards will be quoted higher prices which usually ends up with business not being written. Company advertisements say "drivers who switch" not "people who quote" save that kind of money. That's the way insurance companies can confidently make those claims.

This emphasizes why you should get a wide range of price quotes. It's not possible to predict which auto insurance company will have the lowest rates.

Additional auto insurance information can be found on the website for the Virginia Bureau of Insurance. Click here for link. Virginia drivers can read industry bulletins, report car insurance fraud, file complaints about a company, and file complaints about an insurance agent or broker.

Also read more on this online resource for auto insurance quotes in Virginia and this list of insurance agents in Danville.

Best coverage at the best price

Cost effective auto insurance is available on the web in addition to many Danville insurance agents, and you should be comparing both so you have a total pricing picture. Some companies do not provide you the ability to get quotes online and these regional insurance providers work with independent agents.

In this article, we covered a lot of information how to reduce auto insurance prices online. The key thing to remember is the more price quotes you have, the better your chances of lowering your rates. You may even discover the biggest savings come from a lesser-known regional company. Regional companies may often insure only within specific states and give getter rates than their larger competitors like .