Buy the Cheapest Martinsville Auto Insurance

Overpriced auto insurance can take a big chunk out of your savings account and put a big crunch on your finances. Shopping your coverage around is a great way to help make ends meet. Companies like State Farm, Allstate, GEICO and Progressive promote their brand names with advertising and it is difficult to sift through the bull and do the work needed to find the best deal.

How to Lower Your Auto Insurance Cost in Martinsville, Virginia

Getting better auto insurance pricing is a fairly straight forward process. Just spend a few minutes on the computer comparing rates online from several insurance companies. It is quite easy and can be accomplished in several different ways.

The first (and easiest) way to get the best comparison quotes is to use a rate comparison form (click to open form in new window). This type of form keeps you from doing multiple quote forms for each company you want a rate for. One form submission gets you price quotes from multiple low-cost companies.

A less efficient way to compare rate quotes requires visiting the website of each company and fill out their own quote form. For example, let's assume you want comparison quotes 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 Martinsville, click here.

The most time-consuming way to get comparison rates is to spend time driving to local Martinsville insurance agencies. The internet makes this process obsolete unless you require the professional advice that only a license agent can provide. It is possible to compare the best prices online and still use a local agent.

Whichever method you choose, ensure you are comparing exactly the same quote information for each comparison quote. If you compare mixed coverages it will be impossible to determine the lowest rate in Martinsville.

Why some people pay less for insurance in Martinsville

It's important that you understand the factors that help determine the price you pay for auto insurance. Having a good understanding of what influences your rates allows you to make educated decisions that will entitle you to much lower annual insurance costs.

Optional equipment can affect rates - Purchasing a vehicle with an alarm system can help bring down rates. Theft prevention features such as GM's OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping auto theft.
Having a spouse can save you money - Being married can get you a discount on auto insurance. Having a significant other is viewed as being more mature and it's proven that married drivers get in fewer accidents.
Do you need the policy add-ons? - There are a ton of add-on coverages that can waste your money on your auto insurance policy. Insurance for roadside assistance, accident forgiveness and motor club memberships are some examples. These coverages may sound good when you first buy your policy, but if you don't need them eliminate the coverages to reduce your premium.
Pleasure use saves money - Driving more miles in a year's time the higher your rate. Most companies apply a rate based on their usage. Cars used primarily for pleasure use can get a lower rate than those used for commuting. Double check that your auto insurance coverage is rated on the proper vehicle usage, because it can save money.
High deductibles save money - The deductibles define the amount you are required to spend before your auto insurance pays a claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Examples of covered claims could be running into the backend of another car, damage caused by hail, and burglary. The more money you're willing to pay, the bigger discount you will receive.
Traffic violations increase rates - Even one speeding ticket can increase rates twenty percent or more. Good drivers have lower premiums compared to drivers with tickets. If you have flagrant violations such as DWI, reckless driving or hit and run convictions may find they need to file a SR-22 with their state DMV in order to keep their license.

Take advantage of discounts

Auto insurance companies do not advertise every discount in a way that's easy to find, so here is a list both well-publicized as well as the least known discounts you could be receiving. If you aren't receiving every discount you deserve, you're just leaving money on the table.

Payment Method - By paying your policy upfront rather than paying monthly you can actually save on your bill.
Paperwork-free - A few companies will discount your bill up to fifty bucks just for signing your application digitally online.
Own a Home - Simply owning a home can save you money due to the fact that maintaining a home requires personal responsibility.
Drivers Ed for Students - Require your teen driver to successfully complete driver's ed class if it's offered in school.
Driver Safety - Successfully completing a course in driver safety could cut 5% off your bill depending on where you live.

Keep in mind that some credits don't apply to all coverage premiums. Most cut individual premiums such as liability and collision coverage. So despite the fact that it appears all the discounts add up to a free policy, it just doesn't work that way.

For a list of insurance companies who offer auto insurance discounts in Martinsville, click here.

Additional detailed information is available at the Virginia Bureau of Insurance website. Virginia consumers can view a list of available companies, get help finding coverage, discover disciplinary actions, and file complaints about an insurance agent or broker.

And the best car insurance company is...

Affordable auto insurance can be sourced online and with local Martinsville insurance agents, so compare prices from both in order to have the best price selection to choose from. Some insurance companies do not offer online quoting and these smaller companies work with independent agents.

When buying insurance coverage, it's not a good idea to reduce needed coverages to save money. There have been many situations where drivers have reduced comprehensive coverage or liability limits to discover at claim time that their decision to reduce coverage ended up costing them more. The proper strategy is to purchase plenty of coverage at a price you can afford while still protecting your assets.