Proven Techniques to Save on Hopewell Car Insurance

Tired of not being able to afford each month for car insurance? You are no different than most other car owners in Virginia. Multiple compete for your business, so it's not easy to compare every and uncover the absolute lowest rate

Hopewell Rates are Influenced by These Factors

Consumers need to have an understanding of the factors that help determine the rates you pay for car insurance. Understanding what influences your rates enables informed choices that will entitle you to much lower annual insurance costs.

Claim-free discounts can add up - If you file claims often, you can definitely plan on either policy cancellation or increased premiums. Companies in Virginia generally give better rates to drivers who are claim-free. Your insurance policy is intended for major claims that would cause financial hardship.
Occupation reflects on rates - Did you know your occupation can influence how much you pay for car insurance? Careers like lawyers, social workers and accountants tend to have higher rates than average because of high stress and long work days. On the flip side, professions such as farmers, athletes and performers receive lower rates.
Being married is a good thing - Having a spouse can get you a discount on car insurance. Having a significant other means you're more mature and it's proven that drivers who are married are more cautious.
Extra coverages can waste money - There are a ton of extra bells and whistles that can waste your money when buying car insurance. Coverages like roadside assistance, accident forgiveness and term life insurance are some examples. These coverages may sound good when you first buy your policy, but if they're wasting money get rid of them and save.
Teen drivers pay high rates - Mature drivers are more cautious drivers, statistically cause fewer accidents and receive fewer citations. Youthful drivers are known to be less responsible in a vehicle therefore car insurance rates are much higher.
Do you have enough liability coverage? - Liability coverage will protect you when you are found liable for causing damage or personal injury in an accident. It will provide for a legal defense which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so do not skimp.
Bad driving skills means higher rates - A bad driving record impacts your car insurance rates tremendously. Careful drivers have lower premiums compared to drivers with tickets. Even a single speeding ticket can boost insurance rates by twenty percent. If you have flagrant violations like reckless driving, hit and run or driving under the influence may find they need to file a SR-22 to the state department of motor vehicles in order to keep their license.
Bundling policies can get discounts - Many insurance companies provide better rates to insureds who carry more than one policy. It's known as a multi-policy discount. This can amount to 10 percent or more. Even with this discount, you still need to comparison shop to ensure the best deal. You may still find better rates by splitting coverages up.

Compare Hopewell Car Insurance Costs

Reducing your insurance rates can be quick and easy. You just have to take a couple of minutes to compare rate quotes online from several insurance companies. This is very easy and can be done in several different ways.

The fastest way to get quotes for comparison is to use a rate comparison form click to view form in new window. This type of form keeps you from doing separate forms for each company you want a rate for. In just a few minutes this one form gets you price quotes from several companies.
A slightly less efficient method to get quotes online requires visiting the website of each company and fill out their own quote form. For example, we'll pretend you want rates from , and . To get each rate you have to visit each site and enter your policy data, which is why the first method is more popular. To view a list of companies in Hopewell, click here.

However you get your quotes, ensure you're using the exact same quote information for each comparison quote. If you have mixed coverages it will be impossible to determine the lowest rate in Hopewell.

Save big with these discounts

Insuring your fleet can be pricey, but you can get discounts that you may not know about. A few discounts will automatically apply when you purchase, but less common discounts must be asked for before being credited. If they aren't giving you every credit available, you are paying more than you should be.

Student Driver Training - Cut your cost by having your teen driver successfully complete driver's ed class if it's offered in school.
No Accidents - Claim-free drivers can save substantially when compared to accident-prone drivers.
Paperwork-free - A few companies may give you up to $50 just for signing your application on their website.
Driver Safety - Successfully completing a defensive driving course could save 5% or more if your company offers it.
Distant Student - Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.

Keep in mind that some of the credits will not apply to the entire cost. Some only reduce individual premiums such as liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, it just doesn't work that way. But any discount will cut your overall premium however.

To choose insurance companies who offer car insurance discounts in Hopewell, click here.

Car insurance ads bend the truth

Consumers in Virginia can't ignore all the ads for the lowest price auto insurance by State Farm, Allstate and GEICO. They all have a common claim that you can save after switching to their company.

How do they all claim to save you money?

Insurance companies can use profiling for the driver that makes them money. For example, a driver they prefer might be between 30 and 50, is a homeowner, and has great credit. Any driver that hits that "sweet spot" will get very good rates and most likely will cut their rates substantially.

Consumers who fall outside the "perfect" profile will be quoted higher prices and this can result in the customer not buying. The ads say "customers that switch" not "people who quote" save that much. That's why insurance companies can advertise the savings.

This emphasizes why you need to get as many quotes as possible. You cannot predict the company that will give you the biggest savings.

More information can be found on the website for the Virginia Bureau of Insurance located here. Visitors are able to download brochures, read industry bulletins, get help finding coverage, and discover disciplinary actions.

A tidy conclusion

Affordable car insurance can be sourced both online and also from your neighborhood Hopewell agents, so compare prices from both in order to have the best price selection to choose from. There are still a few companies who may not provide online price quotes and these regional insurance providers work with independent agents.

As you prepare to switch companies, you should never reduce coverage to reduce premium. There have been many situations where an accident victim reduced physical damage coverage only to discover later that the small savings ended up costing them much more. The proper strategy is to find the BEST coverage at a price you can afford while still protecting your assets.